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Penang to appoint Gurney Wharf consultant next month
The Penang government will appoint a consultant for the landscaping works at the newly-reclaimed Gurney Wharf project next month, says Chief Minister Chow Kon Yeow. Chief Minister Chow Kon Yeow said the consultant would then have time to call for tender to appoint contractors for various stages of work on the ... Read More
Regulations for Airbnb and hotels to be finalised by year end
The standardization of several issues including regulations, licensing and taxes involving the hotel sector and global online accommodation service provider, Airbnb will be finalized by the end of this year. Housing and Local Government Minister Zuraida Kamaruddin (pictured) said the standardization should take into account various aspects and determine the ... Read More
Hillside Retreat – New role for old bungalow in Penang Hill
A nearly century-old Hillside Bungalow in Penang Hill has been restored to enhance visitors’ experience on the hill. The project, named Hillside Retreat, is among the state government’s initiatives to further promote Penang Hill as the ‘hill resort of choice’ in Malaysia and the region. Chief Minister Chow Kon Yeow, ... Read More
Penang land deals transacted in 2019
Today land costs account for about 30% of any property development cost. If you are wondering how much does the land costs in Penang, below is an infographic that shows several land deals transacted in 2019 with a value of more RM10 million. This report is based on data published by The National Property Information Centre ... Read More
Reduce facilities in high-rise residential projects to lower price
Will developers start to build fewer facilities in their future integrated developments or high-rise residential projects to reduce cost and lower the selling price for home seekers? Reducing home prices are the right thing to do if developers want to stay afloat amid the current Covid-19 pandemic and they can ... Read More
Garden Superlink @ Jesselton Hills
Garden Superlink, is the 3rd Garden Homes Collection offering by Wing Tai Asia in Bukit Mertajam. It is part of the 120-acre Jesselton Hills development, which was first launched in 2011. The residential enclave is strategically located near Jalan Rozhan, with easy accessibility to an abundance of nearby amenities. AEON Mall and SJKC Sin ... Read More
Rent-to-own way to address housing affordability issue
The concept of affordable housing in Malaysia needs a complete reset, with ”rent-to-own” (RTO) schemes being effective to way improve the lives of the lowest income group (B40) nationwide, property expert believes. Alpha REIT Managers chairman Datuk Stewart LaBrooy said the reset was needed as the term “affordable housing” in ... Read More
The Frontage
The Frontage, a small commercial development by Wing Tai Asia within Perai Free Industrial Zone. The project site is located along Jalan Nagasari, neighboring with several industrial factories and mature amenities. Juru Auto City and North-South Expressway are only five minutes' drive away. This development will feature 16 units of ... Read More
Housing integrated data system 50 % complete
The Housing Integrated Data System (HIDS) being developed by the Housing and Local Government Ministry (KPKT) is now 50 per cent complete and expected to be ready next year, said Minister Zuraida Kamaruddin. She said HIDS is being developed for a thorough collection and analysis of housing data through big data from the federal and state governments as ... Read More
Utropolis Batu Kawan’s Priority Package makes it easy!
From spacious family homes to stylish modern suites, Utropolis Batu Kawan has something for everyone. A university metropolis complimented by one of Australia's best universities, UOW Malaysia KDU Penang University College, Utropolis Batu Kawan is an integrated township with education, leisure, wellness, retail and residential elements coming together as one ... Read More
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