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Penang’s increasing population equals long term demand
by Charles Tan According to Affin Hwang Capital Research, the property market of Penang will continue to be supported by the many major projects driven by public-private partnerships (PPPs). Some of them include the RM27bil Penang Transport Master Plan (PTMP) as well as a proposal for a RM11.3 billion business ... Read More
Runnymede Bay
Runnymede Bay is a 5 acre seafront development along Jalan Sultan Ahmad Shah in Georgetown, Penang. Strategically located next to Menara KWSP, only 5-minutes walking distance from E&O Hotel. The proposed development will feature a mix of hotel and commercial properties, to be completed in two phases: Phase 1: (45-storey mixed ... Read More
Positive market sentiment to continue
The Penang property market had an eventful first quarter, and the positive sentiments and values are expected to sustain, according to Raine & Horne International Zaki + Partners Sdn Bhd director Michael Geh. He attributes the upswing to the implementation of the Goods and Services Tax. “In the first three ... Read More
Kensington Gardens
Kensington Gardens, Parcel 1 of Jesselton Villas consists of freehold bungalow lots are guarded and surrounded by nature-inspired facilities and features. This exclusive development is strategically located within Batu Gantong, next to Penang Turf Club. It is only 5 minutes drive to Youth Park and Botanical Garden and close to all local amenities. The current ... Read More
How to Increase Your Property Rental Yield and Capital Gains through Interior Design
* Article by Freemind Works * Buying a property for the purpose of investment is one of the best decision one can make. However, deciding what to do with the property after we get the keys is another ball game altogether. Click here to download the FREE E-book and discover ... Read More
Merbok Signature
Merbok Signature, an upcoming mixed development by Sunny Homes at Nibung Tebal, Penang. It is adjacent to Residensi Merbok by Asas Dunia, just a mere minutes drive from Jawi tol plaza. A quick check from Google map shows that it only takes less than 30 minutes drive to go to Batu Maung via Second ... Read More
Investing in property – a must for young adults?
If you are aged between 18 and 34, then you are categorised as millennials, also known as Gen Y. At this age, it is a good time to consider investing in property. Investing in property is certainly not easy, and most youngsters hesitate to invest due to several uncertainties. Long-term investing is challenging ... Read More
Banks hampering state’s efforts to provide affordable homes, says Jagdeep
The high rejection rate for housing loan applications is making it a challenge for the state government to provide the people of Penang with an affordable roof over their heads. In a letter to Bank Negara governor Tan Sri Datuk Sri Dr Zeti Akhtar Aziz, the state government called for ... Read More
Does the state government have power to set prices of houses?
Revently, the Negri Sembilan government announced that it will control the price of houses to be built within its state. Mentri Besar Datuk Seri Mohamad Hasan said this is one of the fundamental keypoints of the new state housing policy, which will be finalised soon. "In this new policy, 15% ... Read More
Sky Residence @ BM Utama
Sky Residence @ BM Utama, the phase 5 of BM Utama housing scheme by DNP Land at Bukit Minyak. It is merely 5km from Juru toll (Autocity) and about 15 minutes drive from Penang Bridge. Its neighbourhood comprising well established residential scheme such as Taman Kota Permai, Desa Palma and Taman Permai ... Read More
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