There will be no increase in the price of cement, says Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail. The minister said the decision was made following a meeting with industry players on Tuesday (June 18). “I have been meeting with the stakeholders for the past few ... Read More

Amansara South, also known as Precinct 1, is the first residential component in Setia Fontaines master-planned township development by SP Setia. Located in Bertam, Setia Fontaines has an estimated gross development value of RM13 billion, to be developed over the next 20 years. It comprises 16 residential precincts, 270 acres ... Read More

The Penang government will be submitting its application to the Federal Government to seek an allocation to fund the Penang Transport Master Plan (PTMP) once the necessary approvals are obtained. Chief Minister Chow Kon Yeow said the state welcomed the statement by Finance Minister Lim Guan Eng who had said ... Read More

The business community in Penang have raised concerns to the Finance Ministry over the 40% price hike in cement. Real Estate and Housing Deve­lopers’ Association Penang chapter chairman Datuk Toh Chin Leong said the increase would affect property prices. He said they were worried that the price hike could be ... Read More

Mega projects planned for the state, such as the RM46 billion Penang Transport Master Plan (PTMP) and Penang South Reclamation (PSR), may be modified, scaled down or even reviewed depending on the situation and change in circumstances. Chief Minister Chow Kon Yeow, however, insisted that both projects would not be ... Read More

For those of you who want to enjoy the benefits of what the HOC 2019 campaign has to offer, it’s not too late! Make your way to the Malaysian Property Expo (MAPEX-HOC 2019) at Gurney Plaza Penang from 20th June – 23rd June 2019! Organized by the Real Estate and ... Read More

Scientex Bhd is buying six parcels of freehold land measuring 7.83 million square feet in Penang to expand its land bank for property development activities to the north from the southern part of Peninsular Malaysia. These land banks are located less than 5km away from Setia Fontaines mega township development ... Read More

The Penang government is encouraging more people to own homes through its rent-to-own (RTO) scheme. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state was happy to introduce the RTO scheme to those who could not afford to even buy low-cost homes, due ... Read More

K Park, an affordable housing development by Ideal Homes Properties Sdn. Bhd. at Balik Pulau, Penang. It is located near the west coast of Penang Island, adjacent to Prestige III housing scheme by PLB Homes. Driving to Balik Pulau town centre will take approximately 10 minutes, under 35 minutes to ... Read More

One City Residences, an upcoming residential development by Paramount Garden Sdn. Bhd. at Bukit Minyak. Located off Jalan off Jalan Pinang, adjacent to 1 City Shop Offices by the same company. It is just a stone’s throw away from Bukit Minyak Industrial Park, about 5km away from North-South Expressway - Auto ... Read More