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UPCOMING: Tasek Gelugor / Pavilion Everise Sdn. Bhd.
Following S P Setia's mega township development (Setia Fontaines) at Bertam, more developers are now taking advantage of the spillover effect by proposing affordable landed homes within the vicinity. Here is yet another proposed residential development at Tasek Gelugor by Pavilion Everise Sdn. Bhd. (a subsidiary of GSD Land). It is located along ... Read More
CAP warns against Malaysia real estate promotion in Hong Kong
Vocal pressure group CAP has warned that a promotion drive by local developers to attract Hong Kong investors to buy properties in Malaysia in the wake of the political crisis in the island city could push house prices beyond the reach of ordinary citizens. “Encouraging foreigners to acquire properties here ... Read More
Interview with CM: State housing policy for affordable homes
Penang government has consistently monitored the housing affordability within the state and made amendments to the housing policies, which has become necessary as a result of feedback from people and developers. Find out how does the cross-subsidization of LC and LMC works to ensure adequate supply of housing for the lower and middle-income groups. FIND OUT ... Read More
SITE PROGRESS: The Zen (Sep 2019)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
16 strategic initiatives to drive growth under Penang 2030 vision
The Penang government has drawn up 16 strategic initiatives to attract investors and stakeholders to invest in the state in line with the Penang 2030 vision. According to Chief Minister Chow Kon Yeow (pic), the strategic initiatives would drive the state’s economic growth in a positive direction, apart from enhancing ... Read More
Interview with CM: Addressing housing affordability & diversity
Housing affordability and diversity are some of key focus in Penang Vision 2030. Several measures have been put in place to ensure the availability of affordable houses for B40 and M40 income group. Listen to what our CM has to say on response from developers and the challenges. FIND OUT ... Read More
Extra packages offered for low-cost units strictly optional
A Penang executive councillor said many buyers of the state’s low-cost homes have no issues over renovation and car park packages being offered by developers as they consider them to be convenient. However, State Housing Committee chairman Jagdeep Singh Deo said these packages offered by developers are strictly optional. Those ... Read More
Penang CM speaks to Penang Property Talk on Vision 2030
On 29 August 2019, Penang Property Talk was given the opportunity to have an exclusive interview with Penang Chief Minister, YB Chow Kon Yeow. Listen to the sharing from our CM on Penang Vision 2030 with regards to housing, transportation and talent. https://www.youtube.com/embed?listType=playlist&list=PLFexic8DuhizpGuEQ-pzPt2DRuyLsTQU3&layout=gallery&width=600&height=338 ... Read More
Ambay Park @ Pearl City
Ambay Park, the latest residential component at Pearl City township by Tambun Indah in Simpang Ampat. Located adjacent to Begonia Villa gated and guarded scheme, diagonally opposite Pearl Tropika. Amenities within 5 km include Pearl City Mall, GEMS International Schools, SMJK Jit Sin II and several other shops and facilities. It is about ... Read More
MBPP plans to build underpass at Jalan Mt Erskine and Jalan Burma intersection
The Penang Island City Council (MBPP) is planning to build an underpass at the Jalan Mount Erskine and Jalan Burma intersection next year to tackle traffic woes. MBPP secretary Datuk Addnan Mohd Razali said the traffic flow at the Jalan Burma/Jalan Gottlieb/Jalan Bagan Jermal/Jalan Mount Erskine is now “messy during ... Read More
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