Waterside Residence, the first residential tower in The Light Waterfront phase 2 development next to the Penang Bridge. This development by IJM Land would have a single 33-storey tower comprising 256 condominium units. The development has an indicative average price of RM1 million. Property Project : Waterside Residence Location : The Light ... Read More

An increase of 0.25% in the overnight policy rate (OPR) will not have a significant impact on borrowers for low-cost and affordable housing priced between RM45,000 and RM450,000, according to a senior executive of a real estate agency. VPC Realtors (KL) Sdn Bhd director James Wong said tere would only ... Read More

Recently there has been many discussion about affordable housing scheme and buying your first home. So do you know exactly where are the proposed affordable housing located in Penang Island? So far I have found six affordable housing schemes which were proposed in the island. 1. Affordable housing @ Penang ... Read More

Bank Negara Malaysia (BNM) raised the overnight policy rate (OPR) by 25 basis points to 3.25% on Thursday, the first time since May 2011 with economists expecting the rate hike to address the potential rise in financial imbalances. Alliance Bank Malaysia chief economist, Manokaran Mottain said the hike in the ... Read More

Terraces Condominium, an upcoming residential development by IJM Land in Bukit Jambul, Penang. Strategically located next to INTI International College, within a short drive from Bukit Jambul Golf Course. This development comprises 410 condominium units with wide range of facilities and recreational area. More details to be available upon project ... Read More

WITH the coming implementation of Goods & Service Tax (GST) in April 2015, many Malaysians are concerned with what this bodes for prices in general. It is inevitable that home prices will also be affected. In this article, we explain how home and property prices will be affected moving forward. To ... Read More

GAMUDA Bhd is the favourite to land the job as the Project Development Partner (PDP) to oversee the implementation of key components of an integrated transportation plan on Penang island The others in the running for the PDP job that is estimated at more than RM5.5bil for the initial phase ... Read More

THE state Implementation and Coordination Unit (ICU) of the Prime Minister’s Department has approved 14 projects under the 1Malaysia Maintenance Fund (TP1M) for Penang this year. Eleven of the projects are for Penang Municipal Council and three for the Seberang Prai municipality. State Housing, Town and Country Planning Committee chairman ... Read More

Penang Development Corp (PDC) has firmed up plans to turn some 312ha near the Second Bridge in Batu Kawan into a theme park with a resort and golf course. Towards this end, PDC is expected to award the development of two projects to two firms that are big names in ... Read More

Vona Parkcity, an upcoming mixed development by Vona Properties Group in the established township of Bukit Gambier, Penang. This development is strategically located along Jalan Bukit Gambier, just a mere minutes drive from USM. This develoment comsists of: Condominium - 516 units (Vona Sky) Low Medium Cost - 194 units ... Read More