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River Tropics
River Tropics, a green home condominium project by NB Tropics in Permatang Pauh, Prai. This development is strategically located next to Tesco Extra, with easy to access to Penang bridge via North South Expressway. Comprising 140 standard units with size ranging from 1,300 sq.ft. - 1,500 sq.ft. For those who ... Read More
Ivory plans RM1.4bil projects, developing 80-acre land bank in Penang
Ivory Properties Group Bhd plans to develop high-end residential properties with a gross development value (GDV) of RM1.4bil to RM2bil on its 80-acre land bank in Penang over the next couple of years. Group chief executive officer Datuk Low Eng Hock said the new projects were planned for the group’s land bank in ... Read More
More homes on the way
Penangites can now view the state government’s affordable housing units at the Penang Development Corporation (PDC) sales gallery in Bandar Cassia. The first phase of 520 units at Batu Kawan has started and is expected to be ready in early 2017. This is the first affordable housing project among the ... Read More
Crackdown on illegal real estate agents
THE Malaysian Institute of Estate Agents (MIEA) will be waging a war against the country’s illegal real estate agents and property negotiators. Its president Siva Shanker said the crackdown with the theme ‘Is Your Real Estate Agent Real?’ was in line with the new ruling requiring real estate agents to ... Read More
Home prices under pressure
Malaysia is seeing signs of a possible moderation in overall house prices, data from the central bank show. The growth in the Malaysian House Price Index (MHPI) declined to 9.6% in the fourth quarter of 2013, compared with 12.2% a year earlier, according to Bank Negara. This was the first time ... Read More
Richwoods Residence
Richwoods Residence, an upcoming gated and guarded housing scheme by WHH Land in Mainland, Penang. Located next to Taman Markisah, comprises 52 and 96 units of double-storey terrace and semi-detached houses respectively. Residents can also look forward to enjoying a host of facilities at its very own Clubhouse with swimming ... Read More
The Navens
The Navens, a freehold residential project that comprises spacious apartment units of 1,175 square feet and above. It caters to today's contemporary lifestyles and families, featuring condo facilities with an Olympic-sized swimming pool - all within a gated and guarded environment for that added level of security and peace of mind ... Read More
UPCOMING: Jalan Song Ban Kheng / Tah Wah Group
Proposed high-rise development by Tah Wah Group along Jalan Song Ban Kheng in Bukit Mertajam. The proposal comprises two development phases. Phase one is a 28-storey commercial tower that consists of 216 units business suites whereas in phase two, the company is going to build a 26-storey residential building together ... Read More
Expo offers 2,500 choices of secondary properties
MORE than 2,500 residential properties will be exhibited during the Malaysian Secondary Property Exhibition Penang (Maspex 2014) at the Penang Times Square this weekend. Organising chairman Michael Geh said many of the properties, with prices ranging from RM300,000 to RM800,000, were in strategic locations. “The prices are between 20% and 30% ... Read More
PDC building to go
The Penang Development Corporation building will be demolished to make way for a Business Process Outsourcing (BPO) Prime project. The project will be undertaken by a joint-venture company, formed by the Penang Development Corporation (PDC) and Temasek, in which PDC will take up a 51% stake. InvestPenang director Datuk Lee ... Read More
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