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SITE PROGRESS: Ferringhi Hills (Sept 2023)
About Ferringhi Hills A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases. Find ... Read More

Vacancy tax possible answer to property glut issue?
The implementation of a vacancy tax could be a key factor in addressing the issue of vacant and unsold housing units across Malaysia. Khazanah Research Institute’s Theebalakshmi Kunasekaran said this tax is imposed on housing units that remain unoccupied or unused for a certain time period. It is usually calculated ... Read More

Chinatown @ Raja Uda
Chinatown @ Raja Uda, is themed uniquely and integrated FREEHOLD commercial development where everything converges in one location to satisfy businesses, offices, entertainment, food & beverages and local amenities need. It is now set to change the Raja Uda townscape through a well-planned collection of the Chinatown themed commercial spaces ... Read More

Penang LRT project included in 12th Malaysia Plan (12MP)
Ten new transportation projects have been included in the 12th Malaysia Plan (12MP) including the Penang light rail transit (LRT) project. During the presentation of the mid-term review of the 12MP, Prime Minister Datuk Seri Anwar Ibrahim said the government emphasised the development of sustainable and resilient transport and logistics ... Read More

Weak monitoring of housing development accounts among factors contributing to problematic projects
Housing development account (HDA) weaknesses in monitoring and management procedures are among factors identified as contributing to problematic housing projects. Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir said HDAs are under the Housing Development (Control and Licensing) Act (Act 118), where the law requires licensed housing developers to ... Read More

SITE PROGRESS: Savana @ Utropolis (Sept 2023)
About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More

Rehda lauds Local Government Development Ministry’s proposal to introduce special urban renewal law
The Real Estate and Housing Developers’ Association (Rehda) Malaysia welcomes the announcement by Local Government Development Minister Nga Kor Ming on the proposal to introduce a new law to oversee urban regeneration efforts in the country, according to a statement issued by Rehda president Datuk NK Tong on Thursday. The ... Read More

Bank Negara maintains OPR at 3%
Bank Negara Malaysia has decided to maintain the overnight policy rate (OPR) at 3% following its two-day Monetary Policy Committee (MPC) meeting that ended today. In a statement, the central bank said at the current OPR level, the monetary policy stance remains “supportive of the economy” and is consistent with ... Read More

UPCOMING: Permatang Pauh / Pemaju Kelang Lama Sdn. Bhd.
Newly proposed landed residential development by Pemaju Kelang Lama Sdn. Bhd. in Permatang Pauh. Located near Jalan Sama Gagah, the proposed development is adjacent to Taman Himalaya. It is only about 1km away from the North-South Expressway's Permatang Pauh interchange and approximately 10 minutes' drive to the Penang Bridge. This ... Read More

Savana @ Utropolis – Latest Showroom is Now Open for Viewing
Looking to own your first home or to find the perfect unit to invest? Look no further. Don’t miss out on this extraordinary opportunity here at Batu Kawan. Experience Savana’s unique features firsthand – from versatile living spaces to contemporary and minimalist designs at Savana's latest showroom. All furnished by IKEA ... Read More
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- Anyone have bought the Everine unit here? Mind to share your thoughts? ...Fion on Everine @ Eco Sun
- @Minion Yes, you are right. Definitely landed as a whole is more expensive compared to...millionaire on 80% of Gen Z Malaysians opt for high-rise living
- @Minion Yup. It's definitely cheaper for landed when comes to total psf usage. We already...Tui on 80% of Gen Z Malaysians opt for high-rise living
- @Tui So u mean andaman island landed property will be cheaper than the condo launched?...Minion on 80% of Gen Z Malaysians opt for high-rise living
- I wonder which government authority is responsible for this condo approval. Why the review taking...666 on Mezzo @ The Light City
- Very disappointed with IJM. I did not expect them to delay our VP, and until...666 on Mezzo @ The Light City
- @Network Why didnt your children chose quaywest? ...LL on 80% of Gen Z Malaysians opt for high-rise living
- @Hon Very true. I have Semi D in Greenland current market price around 2M but...Network on 80% of Gen Z Malaysians opt for high-rise living
- @Minion I am from Sabah living at landed for my childhood but Im enjoying living...LOL on 80% of Gen Z Malaysians opt for high-rise living
- @Minion It makes a little bit of sense technically. Somehow In reality, more & more...Hon on 80% of Gen Z Malaysians opt for high-rise living
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- Affordable Housing (Penang Island)
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- Lin Xiang Xiong Art Gallery
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