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Help for first-time house buyers?
Higher withdrawals from retirement funds and stamp duty exemptions are among measures for first-time home buyers likely to be announced in Budget 2017. CH Williams Talhar & Wong managing director Foo Gee Jen (pix) said a 100% stamp duty exemption would help first-time home buyers as it could result in ... Read More
Let’s Talk About Business @ Eco Bloom
To be competitive means to be more knowledgeable and updated on all market aspects. Get information relating to tax & property strategies by tax expert - Dr. Choong Kwai Fatt and renowned retail expert - Sam Siew on franchising this Saturday. EcoWorld Gallery @ Eco Meadows 22 October 2016 (2pm) RSVP ... Read More
UPCOMING: Sungai Nibong / Red Blue Development Sdn. Bhd.
An upcoming development by Red Blue Development Sdn. Bhd. within the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It is also within walking distance to the future Sungai Nibong ... Read More
Penang’s SME Village ready by 2019
The Penang Development Corporation (PDC) targets to complete the development of the 60ha (150 acres) SME Village in Batu Kawan by 2019. Special Advisor to Penang Chief Minister and investPenang director Datuk Seri Lee Kah Choon told StarBiz that to-date PDC had sold all the one to two-acre bungalow lots ... Read More
How To Invest/Buy Your 1st Property Even in the current property market
* Article by Freemind Works * Since the start of property boom nearly 10 decades ago, owning a home has become the lynchpin of the Malaysian dream. Although, with the increasing cost of living, depreciation of Ringgit, GST implementation and various other lending restrictions, the dream seems to be increasingly ... Read More
Investing in George Town pre-war buildings bears fruit
Singaporean entrepreneur with Penang roots, Jonathan Foo, 44, is seeing his family investment in heritage properties of George Town taking a form that will generate long-term recurring income. Foo is the chief executive officer of 1919 Global Sdn Bhd, which has to date spent in excess of RM10mil to conserve its ... Read More
Amaris Terraces By-The-Sea
Amaris, one of the last landed properties available within the masterplanned development of Seri Tanjung Pinang, Penang’s most desirable community. Situated next to E&O's Sales Gallery, with seafronting orientation. Amaris is only 5 minutes walk to Straits Quay retail marina. This development will offer 29 units of 3-storey freehold terrace homes with almost the size of ... Read More
Condos in Penang that are flourishing
Despite the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state. Data collected by the National Property Information Centre’s (Napic) Property Market Report 2015 showed that out of 30 condominium projects in Penang, 11 saw price increases from 2014 to 2015. Of ... Read More
Penang East Seafront Residence
Penang East Seafront Residence, an upcoming seafront commercial development by Star Sanctuary Land Sdn. Bhd. at Butterworth, Penang. It is strategically located along Jalan Bagan Jermal, adjacent to Plaza Toll Bagan Ajam. This development will see the construction of a 19-storey commercial building, offering 293 units of serviced suites, and rooftop ... Read More
No decision yet on moneylending policy review
The Urban Wellbeing, Housing and Local Government Ministry is still undecided on the review of a moneylending policy for property developers although it has been over a month since the idea was mooted. On Sept 8, Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar said eligible property ... Read More
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