by Charles Tan A close friend asked me recently what’s the price that I would be willing to sell my condo in Tanjung Tokong. I said, RM700k. She laughed and said, my husband said that’s impossible. I laughed and said, it is ok. In fact at the price I wanted ... Read More

The Developer Interest-Bearing Scheme (DIBS) is marketed in such a way whereby the house buyers pay a small down payment during the signing of the sale and purchase agreement (SPA). The developer will bear the interest due during the project construction period until the handing over of vacant possession where ... Read More

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Another upcoming mixed development scheme along Jalan Baru in Prai, Penang. The development has three phases, the first comes with 8 units of 3-storey semi-detached showroom/shop offices while the second is a 25-storey residential tower with 149 condominium units. It is located immediately opposite the newly completed Frontage by UDA ... Read More

In collaboration with state housing department, a new "Affordable Housing" section has been added to this website to bring further awareness to the affordable housing projects in Penang. You can now find out more about the latest affordable housing projects as well as its location. There are also some basic ... Read More

Here is a full list of affordable housing developments in Penang, undertaken by both State Government and private developers. There are currently more than 50 projects in the pipeline, with some of them located in the prime locations such as Tanjung Tokong, Jelutong, Air Itam, Georgetown, Sungai Ara and etc ... Read More

Here are some basic requirements for you to fulfill in order to be a proud homeowner of the affordable housing. 1. You must be a Malaysia citizen 2. You must be a registered voter in Penang and met ONE of the following criteria: i. Penang-born working in Penang  ii. Residing ... Read More

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Tambun Indah Land Bhd's wholly-owned subsidiary, Palmington Sdn Bhd, has proposed to acquire 27 parcels of freehold land in Penang worth RM150 million from TPPT Sdn Bhd. In a filing to Bursa Malaysia, Tambun Indah said the purchase of the land totalling 84.8 hectares would be satisfied by cash. It ... Read More

Eco World Development Group Bhd will take up the offer to buy 190.2ha in Batu Kawan from Penang Development Corp (PDC) for RM1.02bil. PDC is offering the sale of the property to Eco World as the group is the only bidder. It is learnt that PDC will give Eco World ... Read More