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Types of properties to buy or invest in Penang
by Anders Ong We always think about shops and condominiums whenever we are buying or investing property in Penang. But what are all the types of property which are not always mentioned or not so popular? What is the best type of property for you to buy in the Pearl ... Read More

Penang LRT to go underground and undersea
Penang has agreed to have some of its LRT stations underground instead of elevated, says chief minister Chow Kon Yeow. Chow said following the latest presentation by the transport ministry and MRT Corp yesterday, the underground sections proposed would be in the city centre in George Town. One of the ... Read More

SITE PROGRESS: The Meg @ Andaman (Aug 2023)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More

REHDA: Neutral outlook for the economy and real estate market in the coming year
Property developers are mainly neutral about the real estate market outlook for the next 12 months, particularly for the second half of 2023 (2H 2023), according to Datuk NK Tong, president of REHDA Malaysia. According to him, poll respondents have a moderate opinion of the business, economic, and property industry ... Read More

Jayamas broke ground for their new affordable housing project in Bukit Mertajam
Jayamas Property Group marked a significant milestone with the groundbreaking ceremony for their second affordable housing project, Aston Minka, nestled in the heart of Bukit Mertajam. The event, held on the Aston Minka site, was attended by the Management Team and Directors of Jayamas Property Group yesterday. Aston Minka is ... Read More

New Penang housing exco says will focus on mainland affordable housing
The newly sworn in housing and environment state exco Datuk Seri S. Sundarajoo will focus on providing more affordable housing to the B40 group in Seberang Perai. The first-term Perai assemblyman said the previous housing exco has introduced a lot of affordable housing projects but most of it were focused ... Read More

UPCOMING: Bukit Mertajam / Chia Ui Chong Holdings SB.
A newly proposed mixed development by Chia Ui Chong Holdings Sdn. Bhd. near Kota Permai in Bukit Mertajam. Positioned at the crossroads of Jalan Bukit Minyak and Jalan Permai Jaya 1, the site is conveniently situated in proximity to Econsave Alma. Its strategic location provides seamless connectivity to neighboring townships, ... Read More

Construction sector back on track after lifting of ‘political clouds’
The construction sector is expected to get a boost after the outcome of the hotly contested state elections saw the status quo maintained, lifting the dark political clouds that have weighed down the Malaysian economy. This has prompted RHB Investment Bank Bhd (RHB IB) to retain its “overweight” call on ... Read More

Taman Seri Valdor
Taman Seri Valdor, a residential development by KY Maju Development Sdn. Bhd. near Valdor in Jawi. Located off Jalan Ketitir, and accessible via Jalan Valdor. The project location is about 10 minutes drive from Batu Kawan Industrial Park, about 15 minutes drive to Bukit Tambun Toll Plaza. It is surrounded by matured ... Read More

Vacancy tax more likely to hurt than help
In Malaysia, a vacancy tax is more likely to hurt homebuyers and homeowners rather than ease a property glut. This is the view expressed by the National House Buyers Association (HBA) and an independent researcher in response to a proposal for the introduction of a levy for properties that remain ... Read More
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