Despite being the one of the most expensive housing markets in Malaysia, the Penang government has been making efforts to push affordable housing development for the young working population. According to Henry Butcher Malaysia (Penang), 77% of the state’s existing residential stock is priced below RM500,000. As at 2Q2016, Penang ... Read More

Mahsuri Square, yet another proposed affordable housing at the South West district of Penang Island. It is strategically located within the established township of Bayan Baru, along Jalan Mayang Pasir. This development will see two blocks of 29 & 26-storey buildings, offering a mix of affordable and low medium cost ... Read More

Properties priced from RM500,001 to RM700,000 faced the highest loan rejection rates, according to almost a quarter of 157 respondents to the Real Estate and Housing Developers’ Association (Rehda) property industry survey 1H2016. About 24% of respondents agreed that properties in the price range of RM500,001 to RM700,000 faced the ... Read More

A new centre of connectivity is fast appearing, where a new hub for integrated transportation, integrating rail, ferry and bus services, will soon rise in the north. Check it out in the video below. Serving as the centre of transportation for Penang and the northern corridor, the hub also integrates ... Read More

Eco Sun, a 74.5-acre mixed-development by EcoWorld at Batu Kawan. Strategically located along Lebuhraya Bandar Cassia, just a short drive away from the upcoming IKEA, Design Village and KDU University College. This is the second development by EcoWorld at Batu Kawan, slated to launch in 2017. This development will feature ... Read More

Woodsbury Suites, an on-going service apartment located along Jalan Chain Ferry, within the Harbour Place township development in Butterworth. It comprises 420 units of service suites with built-ups ranging from 550 sq ft to 2,270 sq ft. There are eight contemporary layout design to provide for flexibility in defining space according to individual ... Read More

Putrajaya is risking a subprime crisis if it lets developers assume the role of housing loan creditors who are allowed to charge quadruple the interest rates offered by banks, the National House Buyers Association (HBA) warned. In a statement to the Malay Mail Online late last night, the HBA urged ... Read More

Camerlina @ Ideal Vision Park, the 3rd phase of Ideal Vision Park by Ideal Homes in Bayan Lepas, Penang. This development is located along Jalan Tun Dr Awang, next to Summerskye Residences. It is only minutes away from various learning institutions including the proposed new schools: Chung San Primary School and Heng Ee Primary ... Read More

You are cordially invited to the celebration of DNP Land 20th Anniversary and Property Showcase 2016. Date/Time 16 - 18 September 2016 (Sunday) 10:00 AM – 5:30 PM Venue BM Utama Sales Gallery, Bukit Mertajam, Penang. PROGRAM HIGHLIGHTS ... Read More

The Urban Wellbeing, Housing and Local Government Ministry is mulling a proposal for housing developers to be issued a money lending licence to help non-bankable house buyers and overcome down payment issues. Tan Sri Noh Omar (pix), the Minister, said he observed many buyers having difficulty making down payments. "I ... Read More