In collaboration with the state housing division, we are determined to bring you the latest update on Penang affordable housing development. For those who are interested to buy affordable housing below RM400,000, you MUST register yourself  with the State Housing Department of the state government using one of the following ... Read More

Property developers have come out with some hard facts that suggest that the sector is cooling off. According to the first half 2014 Property Industry Survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda), properties in the affordable housing price range below RM1mil have been facing a tough ... Read More

Proposed mixed development by Orientside Development Sdn. Bhd. in Batu Ferringhi, Penang. It is situated on a 13.3ha plot of land next to the island’s tourism belt in Batu Ferringhi and adjacent to Uplands International School. The development comprising of multiple high-rises, a hotel and high-end, low-cost housing and a 7-storey ... Read More

Bulk-buying of houses by investors’ clubs is not a sure-fire way for people to make money as they could lose everything if a deal goes bad. The Urban Wellbeing, Housing and Local Government Ministry’s Housing Department said yesterday there were risks involved for people who joined such investors’ clubs, especially ... Read More

It took a long time for the Penang Government to start building homes under its affordable housing scheme as it had to save money for the projects, said Chief Minister Lim Guan Eng. He said the state had allocated RM500mil which was generated from the sale of 41.5ha of land ... Read More

Ramah Pavilion, an affordable housing development by M Summit Group in Teluk Kumbar, Penang. It is located next to Puspakom Teluk Kumbar, a mere minutes drive from Teluk Kumbar town center via Jalan Teluk Kumbar. This development comprises 759 affordable units in two blocks of 36 & 38-storey building. It will also comes with ... Read More

The state government wants more private developers to come on board to build affordable housing units. Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said that with 22,500 affordable units to be built over the next 10 years, private developers should grab the opportunity to be part ... Read More

Bank Negara Malaysia is not going to “run the economy to the ground” to achieve low inflation, said governor Tan Sri Dr Zeti Akhtar Aziz. Risks to growth have to be taken into account, too, she said, cautioning that any significant brakes will be the cause for some pausing in ... Read More

Jernih Residence 2, strategically located within Bukit Mertajam township, on higher ground at 15 meter above sea level. This development is just next to the new Jernih Residence gated and guarded housing scheme, comprises 14 units of 2-storey semi-detached houses with built-up area ranging 2,650 sq.ft. onwards. It is only a ... Read More

THE Penang Development Corporation (PDC) has called for a Request For Proposal (RFP) for the construction of low-cost flats and a mixed develop-ment project on a 5.2ha plot in Ujung Batu, Bagan Dalam in Butterworth. The project will comprise not more than 600 units of low-cost flats with a minimum ... Read More