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Property growth set to slow as cooling measures, market uncertainty hit
Malaysia’s real estate market is expected to keep expanding at a lower rate this year, weighed down by Putrajaya’s cooling measures and mounting economic uncertainty, international property consultants Knight Frank said in its outlook for 2015. The high-end property market is set to be hardest hit in the residential sector, ... Read More
Santuari Commercial Centre
Santuari Commercial Centre, strategically located along Jalan Rozhan within the bustling township of Alma in Bukit Mertajam. It is only mere minutes drive away from Tesco hypermarket and AEON Mall. This development comprises 30 units of 3-storey semi-detached and 1 unit of 3-storey detached shop offices with minimum built-up area ... Read More
All residential stratified properties now ‘GST exempt supply’
All residential stratified properties are now categorised as "Goods and Services Tax (GST) exempt supply", said National Home Buyers Association (HBA) secretary-general Chang Kim Loong. Previously, only low-cost and low-medium cost properties were granted such exemption. Being categorised as "GST exempt supply" would mean that fees charged by a management ... Read More
Sunrich Place
Sunrich Place, a freehold mixed development by GSD Land in Tasek Gelugor, Northern Seberang Perai. It is located next to the intersection of Jalan Gelugor and Jalan Arumugam Pillai, about 5 minutes drive from Sungai Dua. This development comprises a mixed of commercial and landed residential units: Residential: 2-storey terrace (27 units) 2-storey ... Read More
Granito @ Permai
Granito @ Permai, an affordable housing development by BSG Property in Tanjung Bungah, Penang. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme. This development featuring a 50-storey building with two residential towers and 12 levels of car park. There are 980 units of affordable ... Read More
10 Most Popular Projects in December 2014
Which were the most popular properties in December 2014? With indicative price starting from RM198,000 up to RM1,000,000 (estimated) - here are the most viewed properties published at PenangPropertyTalk.com: The Tamarind Setia Sky Vista Fiera Vista Skycube Residence BM City Imperial Residences One Imperial Garden City @ Raja Uda Ramah ... Read More
Plans underway to set up mini Korean town at Penang mall
The Korean wave will hit Penang when a mini Korean town is set up at the Penang Times Square this year. Jaebok Holdings Sdn Bhd chairman Lee Jonggi said Phase Two of Penang Times Square would have some 150 retail lots opening up within six months. “We’re now in discussion ... Read More
Alila 2
Alila 2, a luxury condominium development by Hunza Group in Tanjung Bungah. It rest on a hill above the hustle and bustle of Penang Island, yet close enough to Batu Ferringhi, international schools, medical facilities, retail outlets and eateries. This development featuring two 33/34-storey towers with 270 residential units. Property ... Read More
Shortage of affordable housing a rising concern for Penangites
With property prices soaring in Penang, the shortage of affordable housing remains a huge concern for people in the state. Despite the move by the state government with the Penang Development Corporation (PDC) to initiate several projects which will deliver more than 22,000 units of affordable housing in the next ... Read More
AFFORDABLE: Tanjung Tokong / Ideal Property Group
An upcoming affordable housing development by Ideal Property Group in Tanjung Tokong, Penang. The piece of land which was previously planned for a 988-units condominium project (i-Santorini @ Tanjung Pinang) is now being re-purposed for i-Condo affordable housing. The new development plan comprises two parcels: Parcel 1: 2 blocks of ... Read More
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