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SITE PROGRESS: Imperial Grande (Jun 2020)
About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More

Property sector big beneficiary of Penjana
Incentives introduced under the fourth Covid-19 stimulus package, dubbed Penjana, will help boost investor sentiment towards the property sector. Nevertheless, analysts in general remain largely neutral on the sector, citing subdued prospects due to the challenging economic outlook. For instance, CGS-CIMB Research said it expected the property sector to trade ... Read More

Penang property sales lower in second quarter
The number and value of residential property transactions in Penang are projected to decline between 50% and 60% in the second quarter of 2020 from the preceding first quarter. “We project a 50%-60% drop from the first quarter because the property market went into a silent mode after the movement ... Read More

SITE PROGRESS: The Zen (Jun 2020)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More

UPCOMING: Bukit Mertajam / Welcome Development Sdn. Bhd.
A newly proposed residential development by Welcome Development Sdn. Bhd. at Bukit Mertajam. Strategically located at the intersection of Jalan Song Ban Kheng and Jalan Kota Permai, diagonally opposite Spectrum Residence by Zuwen Bina. It is only a 5 minutes walk to SJKC Beng Teik Chinese primary school, surrounded by ... Read More

Property buying activities to increase with PENJANA incentives
The National Economic Recovery Plan (PENJANA) incentives announced on Friday are expected to heighten property buying activities in the next few months. ExaStrata Solutions Sdn Bhd’s chief real estate consultant and chief executive officer, Sr Adzman Shah Mohd Ariffin, said the stamp duty exemption under the revived Home Ownership Campaign (HOC) ... Read More

Economic Recovery Plan for Property Sector
To stimulate the property market and provide financial relief to home buyers, here are the incentives announced by Prime Minister today: 1. Home Ownership Campaign (HOC) to be reintroduced: Stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 to ... Read More

Penang to reveal home ownership package next week
The Penang government is set to announce a housing ownership package next week to ease home ownership in the state. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the package – dubbed Housing Ownership Campaign Package (Penang edition) 2020 – has two main objectives ... Read More

UPCOMING: Butterworth / Uniflex Synergy Sdn. Bhd.
A proposed strata development by Uniflex Synergy Sdn. Bhd. at Butterworth. It is strategically located along Jalan Kampung Gajah, just a stone's throw away from Nautical Bay by OHM Group. This development was previously proposed by Venn Group, which will see the construction of a 15-storey condominium offering 92 residential units with a ... Read More

SITE PROGRESS: Residensi Permatang Pauh (Jun 2020)
About Residensi Permatang Pauh Affordable housing undertaken by Excel Focus Properties Sdn. Bhd. It is strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. Find out more about Residensi Permatang ... Read More
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- @Millionaire I doubt a millionaire will stay in an apartment at Perak lane, definitely is...millionaire on Twin Star
- What's the take up rate of this condominium? ...PPbee123 on The Lume @ Andaman Island
- @LOL Pier ...LL on Merione Grand
- Merione Grand vs Stark Tower vs Exsim project, which is better? ...LOL on Merione Grand
- I think Penang is in dire need of proper CBD infrastructure. Too many people doing...Irwin on Penang undersea tunnel still a key solution to traffic woes
- @Hee Chan Location of Twin is very strategy with all amelities available within walking distance....Millionaire on Twin Star
- Basically the project is way overpriced, they got more than enough allowance to pay for...Hee Chan on Twin Star
- @Ryu More like the developer is in panic mode losing to The Cube, and is...Hee Chan on Twin Star
- @Goppal Memorable but not put to good use anyway. Not like they turn it into...Islander on Iconic Boon Siew Villa demolished for luxury residential project
- @Hee Chan Quite unlikely, it is almost 4% of the sales price already. I truly...Floyd on Twin Star
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