Penang Pakatan Harapan and Barisan Nasional (BN) submitted today a historic joint motion to the prime minister to address high loan rejection rates affecting home buyers in the state. State executive councillor Jagdeep Singh Deo said state Opposition Leader Datuk Jahara Hamid had signed the joint motion together with Penang ... Read More

The Real Estate and Housing Developers’ Association Malaysia (Rehda) would like to see special end-financing schemes, such as the Skim Pembiayaan Fleksibel (SPEF) that was created exclusively for Perbadanan PR1MA Malaysia homes, applied to private developments as well. Rehda national treasurer Datuk Muztaza Mohamad said this is something the association ... Read More

A proposed luxury landed development by Ojy Sdn. Bhd. at Batu Ferringhi, Penang. Located off Jalan Pantai Batu,  next to Shamrock Beach Villas built by the same company about a decade ago. It is only 10 minutes walk to Shamrock Beach. This development comprises 23 units of 3-storey luxury bungalow ... Read More

A new property listing portal in Penang is now available for all home owners, landlords and property agents!! If you have been looking for a property portal that provides comprehensive property search for Penang real estate property listings, home for sale and properties for rent, Penang Property Sale is now ... Read More

In a major win for house buyers at the Appellate Court today, housing developers must now honour liquidated and ascertained damages (LAD) or late delivery compensation to house buyers. During the judicial review hearing, the presiding judge Datuk Hanipah Farikullah granted 104 house buyers an Order of Certiorari, quashing the ... Read More

Dez Residence, an ongoing low-density development by OHM Group at Tanjung Bungah, Penang. Located on an approximately 10,000 sq.ft. land next to Infinity Beach Front Condominium, about 500 meters away from Dalat International School. A 2-storey bungalow was demolished for the construction of a 10-storey building, offering only 6 units ... Read More

Property and industrial groups today backed the implementation of the RM27 billion Penang Transport Master Plan (PTMP) for the greater good. Federation of Malaysian Manufacturers (FMM) Penang Branch vice chairman KK Hun said the state needed to move forward or risk being left behind. He cited Malacca and Johor as ... Read More

A proposed mixed development by Sanbumi Sawmill Sdn. Bhd. (subsidiary of Sambumi Holdings Berhad) at Alma, Bukit Mertajam. Strategically located on a 1.62 acres land along Jalan Rozhan, about 1km away from AEON Mall and Tesco Stores. This will see the demolition of the abandoned 5-storey building (formerly known as ... Read More

Penang-based property developer Tambun Indah Land Bhd plans to launch three new projects worth about RM170 million for 2017, said the developer. These projects are Pearl Saujana phase 1, Pearl 28 in Pearl City, Bandar Tasek Mutiara and Palma Residence in Alma, Penang. “The group is optimistic that the planned ... Read More

After waiting for months on end for their applications for advertising permits and developers’ licences (APDLs) to be approved, developers in Penang breathed a sigh of relief recently — they have finally been given the nod. They are now busy with sales and purchase agreement signings and banking in of cheques, ... Read More