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Penang invites Singapore firms to grow together
Penang is vying to become the next hub for Singapore companies’ regional expansion, with the state government open to more opportunities for bilateral partnerships, its Chief Minister Lim Guan Eng said on Tuesday (Oct 14). “We are putting ourselves on the map – that Penang is open for business, and ... Read More
Tunas Ville
Tunas Ville, an upcoming condominium development by Koperasi Tunas Muda Sungai Ara Berhad in Bayan Lepas, Penang. It is located along Jalan Tun Dr. Awang, next to South Homes. This development comprises two 21-storey towers with 360 residential units. The standard unit has a built-up area of approximately 1,800 sq.ft. The ... Read More
Budget 2015 measures too small to spur property market
The Malaysian Institute of Estate Agents (MIEA) is disappointed with Budget 2015, as the measures announced are too small to have an impact on the property market, said its president Siva Shanker. "I am disappointed with the announcement. The budget during the last two to three years only managed to ... Read More
Budget 2015: Housing Sector Highlights
Youth Housing Scheme A new scheme, Youth Housing Scheme, to be introduced with smart partnership between the Government, Bank Simpanan Nasional, Employees Provident Fund and Cagamas: A funding limit for a first home not exceeding RM500,000 for married youth aged between 25 and 40 years with household income not exceeding ... Read More
In Budget 2015 wish list, homebuyers’ group seeks higher price ceiling on urban houses
As property prices in Malaysia's urban centres keep spiralling up, the country's House Buyers Association (HBA) urged the government to raise the cap for affordable housing to RM400,000 in its Budget 2015 today. With places like the national capital and other urban centres like Penang, Johor Baru and the Iskandar ... Read More
New PR1MA scheme likely to be introduced under Budget 2015
Those buying homes under the 1Malaysia People Housing Programme (PR1MA) will save money in a scheme to be introduced under Budget 2015. The scheme, expected to be announced with the Budget tomorrow, will see the Government “subsidising” a portion of the interest rate for the home loans. Details of the ... Read More
Latest Projects Gallery
Check out the most recent proposed developments in Penang, ranging from affordable housing to luxury residences, commercial suites to retail offices. Subscribe and stay updated with our weekly property updates ... Read More
Trehaus
Trehaus, a countryside luxury development at Bukit Jambul Indah by IJM Land, comprises limited units of Condo Villas and Semi-Detached Villas. Perched on elevated ground and embraced by lush greenery, from the Tréhaus you can indulge in the exclusive feeling of having the world literally at your feet. Property Project : Trehaus ... Read More
Customs Dept: GST to have minimal impact on home prices
The Goods and Services Tax (GST) will only have an impact of between 0.5% and 2% on housing prices, assuming there is no change in supply and demand conditions, according to Customs Department GST director Datuk Subromaniam Tholasy. Subromaniam said the worry that the GST would result in drastically higher ... Read More
Webinar: Penang Property Market Trends
by Ken Lim Interested know more about what is actually happening on the ground in Penang's property market? This webinar will covers the market analysis of the Penang residential housing sector and provide the insights about trends, price movement, demand and supply. It is based on the engagement in PenangPropertyTalk.com ... Read More
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