The state government has increased the development density to 128 units per acre up from 87 units per acre as part of measures to cushion the unfavorable economic impact on developers and to lower prices for residential units. Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh said units ... Read More

Following the unveiling of Penang Transport Master Plan, developers are eyeing for opportunities near LRT stations. This is particularly obvious in Sungai Nibong where there were at least 7 projects proposed by 6 developers in the past 12 months, with the exception that there is still no official plan submitted by ... Read More

Response has been overwhelming for Eco World Development Group Bhd’s mixed residential-commercial Eco Bloom project in Simpang Ampat, Penang. A good portion of its stylish residences has been snapped up, with many drawn to the unique concept, excellent location, attractive pricing and promise of quality. If you have been eyeing ... Read More

Malaysia’s biggest outlet mall, Design Village, will open its doors from November to offer a selection of items at lowered prices. The outlet mall, located within the newly-developed township of Bandar Cassia in Batu Kawan, is the first in the northern region. Built on a 24-acre tropical garden, the mall ... Read More

Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes. Heritage Shield Real Estate Sdn Bhd CEO and immediate past president of the Malaysian Institute of Estate Agents K Soma Sundram said Budget ... Read More

For housing, the following was announced to enhance first home buyers’ affordability: Financing will be easier and more accessible to buyers with total loan of up to 90% to 100% with loan rejection rate to be reduced drastically. For example, applicants with monthly income of RM3,000 now eligible for loan ... Read More

People strolling along Gurney Drive are getting a respite from the muddy water that used to come up the shoreline. A perimeter rock bund of the reclamation work going on off the coast has helped keep the murky water away, providing a jade-green seaview at high tide now. A spokesman ... Read More

A newly proposed luxury condominium Webest Land Sdn. Bhd. at Batu Maung. It is located along Jalan Permatang Damar Laut, adjacent to Sunway Mutiara housing scheme by Sunway Property. This development will see the construction of a 25-storey building, comprises 42 residential units and 4 levels of car park. More ... Read More

Higher withdrawals from retirement funds and stamp duty exemptions are among measures for first-time home buyers likely to be announced in Budget 2017. CH Williams Talhar & Wong managing director Foo Gee Jen (pix) said a 100% stamp duty exemption would help first-time home buyers as it could result in ... Read More

To be competitive means to be more knowledgeable and updated on all market aspects. Get information relating to tax & property strategies by tax expert - Dr. Choong Kwai Fatt and renowned retail expert - Sam Siew on franchising this Saturday. EcoWorld Gallery @ Eco Meadows 22 October 2016 (2pm) RSVP ... Read More