Kuala Lumpur and Penang-based property developers are undertaking fresh projects with a gross development value (GDV) of RM4.04bil in Penang this year to ensure variety in the market. Eco World Development Group Bhd (with a GDV of RM280mil), Mah Sing Group Bhd (GDV of RM651mil), Ideal Property Development Sdn Bhd (GDV ... Read More

Utropolis @ Batu Kawan, a mixed commercial development by Paramount Property in Batu Kawan, Penang. Strategically located next to the upcoming KDU university college, just a stone’s throw away to the most anticipated IKEA furniture store. There is also a proposed linkage to the Design Village (Premium Outlet). The initial ... Read More

Property hunters should take advantage of the low bank interest rates to buy properties now as a hedge against inflation. Eco World (North) general manager Khoo Teck Chong said the current rates were among the lowest in the history of housing loans in the country. “This should spur buying which ... Read More

Setia Eco Forest, a long awaited residential development scheme proposed by SP Setia in Tanjung Bungah, Penang. Situated on a 35 acre land along Jalan Lembah Permai, just a stone's throw away from Leader Garden Condominium. While there is no official proposal submitted yet, the company's initial proposal was to create ... Read More

Eco World Development Group Bhd’s exciting Eco Bloom is set for launch soon, and the StarProperty.my Fair 2016 in Penang is the best time to register your interest. Those who sign up during the event from Thursday to Sunday will get priority privileges likefirst choice of units in the mixed ... Read More

The current slowdown in the property market doesn’t look like it will pick up anytime soon. In fact, the outlook seems rather uncertain for the Malaysian property industry. “If the economy continues to be gloomy, the property market will likely be slow and soft,” Valuation and Property Services Department (JPPH) ... Read More

Started in 2010 with only one objective - To provide quality, accurate and up-to-date information to any readers who are keen on property news and new projects in Penang. After 6 years, Penang Property Talk is no longer only a blog but also one of the most popular property news portal ... Read More

An upcoming commercial development by Patsifit Construction Sdn. Bhd. at Paya Terubong. It is strategically located along Jalan Paya Terubong, right opposite Eco Terrace housing scheme by Eco World. The development will features 2 blocks of 2-storey shop offices with a cafeteria. More details to be available upon official launch ... Read More

Pearl 28, another upcoming launch at Pearl City township by Tambun Indah. It is located next to Pearl Indah 3, less than 5 minutes walk to Pearl City Mall and GEMS International School. This development will features 28 units of 2-storey semi-detached with 5 bedrooms. Property Project : Pearl 28 Location : ... Read More

Interest rates on housing loans offered by some banks will likely be adjusted lower in the coming weeks in tandem with the 25 basis points (bps) cut in the overnight policy rate (OPR). Analysts said while banks in Malaysia were expected to revise their base rates (BR), which are the ... Read More