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Vittoria Financial Centre
Vittoria, an upcoming commercial development by Aspen Group at Aspen Vision City in Batu Kawan. It is strategically located next to Vertu Resort Condominium and the future Columbia Asia Medical Centre, right opposite KDU University College (under construction). This development will see the construction of six office towers, which includes: 5 blocks of ... Read More
20 Most Active Projects in Penang (Jan & Feb 2017)
Property transaction has undeniably indicated a downtrend pattern for past few years. However, people’s obsession with home ownership did not exhibit any declining effect. In fact, we experienced consistent upsurge in our pageviews. By comparing our Jan & Feb 2017 traffic vs the same period in 2015 and 2016, approximately ... Read More
5 things to note about buying property on the secondary market
If you are looking for a ready, more secure and less speculative type of property, you would probably look at the secondary market first rather than those that are still under construction offered by housing developers. While the costs of entry are higher in the secondary market compared to buying ... Read More
Join hands over Penang home loan rejection issue
Penang Pakatan Harapan and Barisan Nasional (BN) submitted today a historic joint motion to the prime minister to address high loan rejection rates affecting home buyers in the state. State executive councillor Jagdeep Singh Deo said state Opposition Leader Datuk Jahara Hamid had signed the joint motion together with Penang ... Read More
Extend step-up financing to non-PR1MA projects too
The Real Estate and Housing Developers’ Association Malaysia (Rehda) would like to see special end-financing schemes, such as the Skim Pembiayaan Fleksibel (SPEF) that was created exclusively for Perbadanan PR1MA Malaysia homes, applied to private developments as well. Rehda national treasurer Datuk Muztaza Mohamad said this is something the association ... Read More
UPCOMING: Batu Ferringhi / Ojy Sdn. Bhd.
A proposed luxury landed development by Ojy Sdn. Bhd. at Batu Ferringhi, Penang. Located off Jalan Pantai Batu, next to Shamrock Beach Villas built by the same company about a decade ago. It is only 10 minutes walk to Shamrock Beach. This development comprises 23 units of 3-storey luxury bungalow ... Read More
All New Property Listing Portal
A new property listing portal in Penang is now available for all home owners, landlords and property agents!! If you have been looking for a property portal that provides comprehensive property search for Penang real estate property listings, home for sale and properties for rent, Penang Property Sale is now ... Read More
No extension! Developers must pay late charges for delay in delivery of projects
In a major win for house buyers at the Appellate Court today, housing developers must now honour liquidated and ascertained damages (LAD) or late delivery compensation to house buyers. During the judicial review hearing, the presiding judge Datuk Hanipah Farikullah granted 104 house buyers an Order of Certiorari, quashing the ... Read More
Dez Residence
Dez Residence, an ongoing low-density development by OHM Group at Tanjung Bungah, Penang. Located on an approximately 10,000 sq.ft. land next to Infinity Beach Front Condominium, about 500 meters away from Dalat International School. A 2-storey bungalow was demolished for the construction of a 10-storey building, offering only 6 units ... Read More
Property, industrial groups support Penang Transport Master Plan
Property and industrial groups today backed the implementation of the RM27 billion Penang Transport Master Plan (PTMP) for the greater good. Federation of Malaysian Manufacturers (FMM) Penang Branch vice chairman KK Hun said the state needed to move forward or risk being left behind. He cited Malacca and Johor as ... Read More
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