Although the subsale residential segment has always been strong, accounting for 80% to 85% of total transactions in the property market, buyers of subsale units are not ready to pay the asking price of the property owner, as the average selling price in subsale residential is 20% lower than the ... Read More

A proposed mixed development by Crystal Faber Sdn. Bhd. in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. Neighboring communities include Sunway Wellesley, Aston Acacia and Aston Park East. This project was formerly known ... Read More

Several outdoor sports activities in Penang will now be allowed since the state is under the Phase Two of the National Recovery Plan (NRP). Jogging, exercise, swimming, solo kayaking, taichi, cycling, skateboarding, fishing, equestrian, archery, hiking, tennis/badminton (single) and golf are allowed from Aug 23, yesterday. Outdoor and semi-outdoor sports centres ... Read More

PR1MA Corporation Malaysia (PR1MA) has provided 10 buses for the implementation of the Community Vaccine Mobilisation (Movak) programme in Perlis, Kedah and Penang from today until Sept 2. In Penang it will be held from Aug 30 to Sept 2 at Dato’ Haji Ahmad Badawi Hall; Jalan Betek Sports Complex; ... Read More

The rising cost of housing remains one of the main issues today and there is an urgent need to address this soon to make the property more affordable. This is probably top on the wish list for Malaysian property developers, homebuyers, and real estate practitioners. According to an online survey ... Read More

About Celesta Residency mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and ... Read More

The Penang Island City Council (MBPP) plans to make the Teluk Kumbar town into a low-carbon city, says its mayor Datuk Yew Tung Seang. “Teluk Kumbar is a nice place. Many always come here to enjoy its ambience and nice food, like mee udang. “We plan to make this place a ... Read More

The Malaysian Institute of Estate Agents (MIEA) has debunked the notion of property value moving towards half-price as was reported in a local daily with the heading, “Houses at half-price, anyone?” President Chan Ai Cheng said the two properties mentioned in the publication were isolated cases and should not be ... Read More

A researcher has described Malaysia’s housing policy as something that is stuck in an “identity crisis” from which it can emerge if policy makers decide whether to view a house as an asset or a necessity. Lillian Wee of the Research for Social Advancement (Resda) think tank said the government, ... Read More

Rural parts of Penang island were hit with flash floods yesterday following a downpour in the afternoon, with more than 2,500 people in about 500 homes affected. The floods began after intense rainfall which lasted for about an hour in Bayan Lepas, Balik Pulau and Teluk Bahang from about 3pm yesterday. State ... Read More