Property sources said Bank Negara’s new circular which bans interest capitalisation schemes (ICS) is not an attempt to fine-tune the measures proposed for the property sector under Budget 2014 but is merely “a guide for banks” when they finance house purchases. The new circular, effective Nov 15, which strikes at the ... Read More

A new circular from the central bank that took effect last Friday will pile more pressure on an already hard-hit property sector, even if its merits are likely to be felt in the long-term, analysts and industry executives said. In a bid to make the property market sustainable, the new ... Read More

Goodfields Residence, featuring 2 blocks of low density luxury condominiums with only 72 and 76 units in each respective block. Strategically located within the established township of Bukit Minyak. It is only walking distance to AEON Big hypermarket. The first and tallest building in the area, comes with full condo facilities ... Read More

Sierra Pinang, a gated and guarded development by BSK Property in Balik Pulau, Penang. Strategically located next to SJKC Sin Min, only 10 minutes drive away from Balik Pulau town center. This development comprises 80 units of 3-storey Spanish homes link houses with built-up areas ranging from 2,150 sq.ft. onwards ... Read More

Via Residenz, another high-rise development within the established township of Bayan Baru, Penang. This is part of Bayan City freehold commercial titled development, adjacent to Giant Hypermarket and Elit Avenue/Heights. Featuring shop offices, mall, serviced suites and hotel. * UPDATE (May 2017): This is a joint venture development between Seal Concepts ... Read More

Banning DIBS is the right move FOR many years, the National House Buyers Association (HBA) has been urging the Government to take measures to stem the steep rise in property prices to avoid a “homeless generation” as current property prices are far beyond the reach of many low and middle-income families in ... Read More

Motorists eager to try out the second Penang bridge linking Batu Maung here and Batu Kawan on the mainland will have to wait a little longer. Expectations of travelling on the 24km bridge – the longest in South-East Asia and 20th longest in the world – ran high after it ... Read More

Ferringhi Pearl, a small residential development by Align Harmony Sdn. Bhd. in Batu Ferringhi, Penang. Phase 1 Comprises 14 units of 3-storey semi-detached houses with spacious built-up area from 3,095 sq.ft. onwards. Property Project : Ferringhi Pearl Location : Batu Ferringhi, Penang Property Type : 3-Storey Semi-D and Bungalow Tenure : Freehold Total Units : ... Read More

Skycube Residence, comprising a mix of luxurious condominiums and landed residences by GSD Land. This development is strategically located along Persiaran Relau in Sungai Ara, Penang. Offering unique layout designs and resort facilities. Facilities: Beach-inspired Swimming Pool Children's Waterpark Pool Sun-rich Decking Area Waterfront Gym Designer Landscaped Playground BBQ Area ... Read More

THE SMJK Heng Ee branch school building project in Sungai Tiram, Penang, is moving ahead. The project’s special committee deputy chairman Datuk Alex Ooi(pic), who is also a director of the Heng Ee School Board, said land clearing works were currently being carried out on the 3.23ha plot. He said ... Read More