Banning DIBS is the right move FOR many years, the National House Buyers Association (HBA) has been urging the Government to take measures to stem the steep rise in property prices to avoid a “homeless generation” as current property prices are far beyond the reach of many low and middle-income families in ... Read More

Motorists eager to try out the second Penang bridge linking Batu Maung here and Batu Kawan on the mainland will have to wait a little longer. Expectations of travelling on the 24km bridge – the longest in South-East Asia and 20th longest in the world – ran high after it ... Read More

Ferringhi Pearl, a small residential development by Align Harmony Sdn. Bhd. in Batu Ferringhi, Penang. Phase 1 Comprises 14 units of 3-storey semi-detached houses with spacious built-up area from 3,095 sq.ft. onwards. Property Project : Ferringhi Pearl Location : Batu Ferringhi, Penang Property Type : 3-Storey Semi-D and Bungalow Tenure : Freehold Total Units : ... Read More

Skycube Residence, comprising a mix of luxurious condominiums and landed residences by GSD Land. This development is strategically located along Persiaran Relau in Sungai Ara, Penang. Offering unique layout designs and resort facilities. Facilities: Beach-inspired Swimming Pool Children's Waterpark Pool Sun-rich Decking Area Waterfront Gym Designer Landscaped Playground BBQ Area ... Read More

THE SMJK Heng Ee branch school building project in Sungai Tiram, Penang, is moving ahead. The project’s special committee deputy chairman Datuk Alex Ooi(pic), who is also a director of the Heng Ee School Board, said land clearing works were currently being carried out on the 3.23ha plot. He said ... Read More

Hilir 37,  a luxury residential development by Airmas Groups, within the established township of Balik Pulau, Penang. This project comprises 37 units of two-storey bungalow houses. Property Project : Hilir 37 Location : Balik Pulau, Penang Property Type : 2-Storey Bungalow Total Units: 37 Tenure : Freehold Developer : Airmas Group [streetview width="100%" height="250px" lat="5.343662" lng="100.22316999999998" ... Read More

The commissioning of power supply to the second Penang bridge has been completed. All the street lights on the 24km-long bridge was lit up during an exercise yesterday. It is understood that the bridge is expected to be completed by Nov 8 and will be opened to the public several ... Read More

KOMTAR — arguably Penang’s best known landmark — will be revitalised to become one of the top tourism draws in the state. Chief Minister Lim Guan Eng said the state wanted to bring back the past glory of the iconic tower. “At one time, it was the main shopping centre ... Read More

PROPERTY consultants and analysts described the proposed new real property gains tax (RPGT) regime and the removal of the developers interest bearing scheme (DIBS) as both timely and much needed in view of the speculation in the property market of late. All of them agree that the overall budget for the property sector is good and are ... Read More

(Prime Minister's speech on property sector) Goods and Services Tax (GST) Sale, purchase and rental of residential properties as well as selected financial services are exempted from GST. Increasing Home Ownership The recent sharp increase in the prices of houses has affected the ability of the rakyat to purchase houses ... Read More