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DIBS to make comeback?
The Real Estate and Housing Developers Association (Rehda) is in discussion with the Government to bring back the developers interest bearing scheme (DIBS) in a certain form for first-time house buyers of a certain price, Datuk Soam Heng Choon said at a property forum. Soam, who is also IJM Corp ... Read More

Iconic Vue
Iconic Vue, an affordable housing by Iconic Land Sdn. Bhd. at Batu Ferringhi, Penang. Strategically located along Lorong Sungai Emas, only about five minutes walking distance from Golden Sand Resort. It is surrounded by many local amenities such as schools, petrol stations, police stations & F&B outlets, This development comprises a 26-storey condominium with ... Read More

Penang mega project to start in June
The RM6.3 billion Penang mega project to build three xpressways and an undersea tunnel linking Penang island to the mainland will kick off in June, with the construction of the Air Itam-Tun Dr Lim Chong Eu Expressway bypass. Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli ... Read More

18 East @ Andaman – The Best in Seafront Resort-Living
18 East at Andaman presents the key to coveted resort-living within the finest of sea-fronting condominiums. With a stunning vista of the Andaman Sea that would leave many awestruck by its sheer brilliance, 18 East is a haven of understated luxury defined by expansive living spaces, a gem within an ... Read More

Wellness City Of Dreams
Ewein is embarking on a one-stop wellness destination named “Wellness City of Dreams” which will eventually span over a reclaimed land of 110ac and carries a GDV of RM25b over a 10-year period given to Consortium Zenith BUCG by the Penang Government to build the RM6.3b undersea tunnel and three ... Read More

Luminari @ Harbour Place
Luminari serviced residence, the latest addition to OSK Property's Harbour Place Metrocity development in Butterworth, Penang. It is strategically located along Jalan Chain Ferry, only a mere minutes drive away from the upcoming Penang Sentral. This development will see another two 35 and 32-storey towers added to Butterworth's skyline, offering 462 units ... Read More

EcoWorld plans 8 new projects, 2 in Penang
A soft property market is no stumbling block for Eco World Development Group Bhd which is roaring ahead with eight new commercial development projects under its Business Masterplan series. Eco World president and chief executive officer Datuk Chang Khim Wah says that even in the toughest markets, there are still ... Read More

Penang: Making Pearls Affordable
Rising development costs are driving property prices upwards in Penang, but affordable housing schemes may help Penangnites own their dream home. Increasing economic development has driven up property prices in Penang, but the state government has taken measures to mitigate this and make affordable property accessible to Penangnites. Penang is ... Read More

UPCOMING: Sungai Ara / Palmex Industries Sdn. Bhd.
Another proposed high-rise development by Palmex Industries Sdn. Bhd. in Sungai Ara, Penang. It is located off Persiaran Kelicap, next to the company's ongoing Stramax Residences gated and guarded housing scheme. This development comprises two blocks of 35-storey condominium with 320 residential units. More details to be available upon project launch. Project ... Read More

Maximum 35-year mortgage more than enough
Bank Negara Malaysia (BNM) said a maximum loan tenure of 35 years is “more than sufficient” for borrowers to settle their housing loan by their retirement age. It said increasing the loan tenure will further add to the cost of financing without significant improvements in the affordability of the borrowers’ ... Read More
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- @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
- I'm so disappointed with this action, although I'm very exited with seaside condo development such...Goppal on Iconic Boon Siew Villa demolished for luxury residential project
- @Jacky hands up and 100000% agree! and wow MCD drive through there! amazing! ...LL on The Pier
- @Hee Chan Thank you for sharing brother. Developer Twin star is good in marketing &...Ryu on Twin Star
- @WC_ong i heard agents selling the property get 20k commission, is that real? if that's...Hee Chan on Twin Star
- whoever build on this land will not be doing well... ...Oh nice on Iconic Boon Siew Villa demolished for luxury residential project
- @Jacky Yup. It's a luxury project of waterfront but equipped with lousy security management &...Toni on Queens Residences Q3
- @Inteller1989 You have understood that you purchase this project with merely 300k or 400k RM....Jacky on The Zen
- @KC No,this is only temporary. That's other plan road access for Zen & The Pier....Jacky on The Pier
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams