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Suria 2 affordable housing project at Batu Kawan to begin construction works soon
The Penang government today announced that the Penang Development Corporation’s (PDC) latest affordable housing project in Batu Kawan, called Suria 2, will have its construction works begin in Dec this year. Suria 2, which will cover 7.48 acres of total land size, is part of the 25 phases planned under the ... Read More
House ownership remains a major concern for Malaysian youths
House ownership remains among the top concerns for youths according to the first edition of the Youth Aspiration Manifesto Survey. The three-part survey carried out by Architects of Diversity (AOD) in collaboration with Undi18 and UndiNegaraku comprised 3,089 respondents aged 18-30 nationwide. AOD co-founder Jason Wee said the findings showed ... Read More
UPCOMING: Bukit Mertajam / Znen Town Development Sdn. Bhd.
Following the introduction of Grains Residences, Znen Group is now proposing yet another serviced residence within the vicinity of Bandar Perda. The newly proposed development is located near Jalan Perda Utama 1, just a stone's throw away from Grains Residences and Metropol. It is just a mere minute's drive to Bukit ... Read More
Penang to continue with the TPM80PP maintenance scheme for public and private housing
Penang government has spent a total of RM297.57 million involving 32,582 maintenance works at both the public and private housing schemes from 2008 until April 1 this year. State Local Government, Housing, Town, and Country Planning Committee chairman Jagdeep Singh Deo said the state had spent a total of RM52.59 ... Read More
Sanctuary Suria
Sanctuary Suria, the 6th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Located along Lorong Santuari 25 & 27, adjacent to Sanctuary Court. It is only a short drive to an abundance of amenities namely AEON Mall, Tesco Hypermarket, eateries, schools and banks. Neighbouring communities ... Read More
Residential overhang due to poor project planning and research by property developers?
Is the country's residential overhang the result of inadequate project planning and research by property developers? "Some properties are just not cleverly developed," said Chan Ai Cheng, president of the Malaysian Institute of Estate Agents (MIEA). She claimed that this resulted in low demand for such properties and had nothing ... Read More
MIEA: Property market to recover in 2022 with renewed consumer confidence
A strong recovery in 2021 from 2020 has signalled a return of consumer confidence and an improved property market this year, said the Malaysian Institute of Estate Agents (MIEA). In a statement today, MIEA president Chan Ai Cheng said that more importantly, the public must take heed of the fact ... Read More
Penang tunnel must be at least 23m under seabed
If there is to be a tunnel under the sea between the Penang island and the mainland, it needs to be at least 23m beneath the seabed – almost equal to the height of a seven-storey building. This is among the critical technical considerations to ensure the port’s growth if ... Read More
Eco-Tourism Hub @ Batu Kawan
A proposed eco-tourism hub by Penang Development Corporation at Batu Kawan. It will be located on 46.77 hectares of land in the northern part of Bandar Cassia - The largest integrated township in northern Malaysia. This project was showcased as Penang's future eco-tourism hub during the recent Expo 2020 Dubai. Proposed location: DISCLAIMER: ... Read More
BNM: Housing market activity improves heading into 2022
Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at 180,702 units in the third quarter (Q3) of 2021. Disruptions caused by the pandemic partly contributed to the slower clearance of unsold housing stock despite ongoing home purchase incentives, said ... Read More
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