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Newly-appointed Housing Minister pledges balanced housing opportunities
Newly-appointed Housing and Local Government Minister Zuraida Kamaruddin pledged to deliver substantive improvements and ideas through the ministry. The Ampang member of parliament said it would be an opportunity for her to delve into policies and implementations under the jurisdiction of the ministry. “A balanced housing opportunities in urban areas ... Read More
Why buy/invest properties?
by Anders Ong Like usual every property investment book or stories will have a section named “Why Buy/Invest Property?” There are FIVE main reason WHY:- 1) Roof Over Your Head First and foremost, the main reason of one purchasing a property in the past is always for own stay. This ... Read More
HBA urges government to implement ‘build-then-sell’ system
The National House Buyers Association (HBA) has urged the federal government to address the issue of abandoned housing projects in its plans for the housing sector in Malaysia. Speaking to FMT, HBA secretary-general Chang Kim Loong said the best way to do this was to implement the system of build-then-sell ... Read More
The New Penang
On the night of 9 May 2018, a new Malaysia was born. Automatically, one very critical thought transpired in my mind. The property market in Penang will most likely have its reformation and almost guaranteed to have a facelift. For almost a decade, Penang has been aiming high, with many ... Read More
To those playing the waiting game in the property market: this is for you.
* Article by Freemen * The property market hit a low point last year where prices were dropping and transaction volume was low. While transaction volume fell, the value of the property did not; thus contributing to a market slowdown. Businessmen and investors are holding back in their investments as ... Read More
Undersea tunnel may be toll-free
Funding options for pending mega projects here may see a change now that Pakatan Harapan is the Federal Government. There is even a possibility that the proposed Penang Undersea Tunnel will be made toll-free to mirror the pre-election promise of making Penang Bridge toll-free. Incoming Chief Minister Chow Kon Yeow ... Read More
Marina Residences
Marina Residences, a low density development by Malvest Group at Butterworth Penang. Strategically located between Jalan Kampung Gajah and Butterworth Outer Ring Road, next to Vista Perdana apartment. It's only about 3km away from the upcoming Penang Sentral. This development comprises a 12-storey condominium offering 57 residential units with panoramic of ... Read More
There is GOOD NEWS for the Penang Property Market This Year!
* Article by Freemen * Penang has been having pretty good growth in a market that was supposedly facing a decline last year. Bad news is, they were still affected by the market slowdown last year and has yet to fully recover. Considering the slow market, the government has promised ... Read More
Metropol
Metropol, a mixed development by Ramana Property at Bandar Perda in Bukit Mertajam. It is located near Jalan Perda Utama roundabout, under 10 minutes drive from Penang bridge. Amenities such as schools, hypermarket, banks, shopping malls and eateries are only a few minutes drive away. This development comprises two 30 ... Read More
REHDA vs BNM on affordable housing
We came across these two interesting articles from Rehda and BNM, debating the situation of affordable housing in Malaysia. Read on to find out the story from both sides. REHDA: Overbuilding of affordable housing ‘quite severe’ The overbuilding of affordable housing is “quite severe” as many developers have shifted into ... Read More
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