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MyDeposit scheme to help first home buyer
Prime Minister Datuk Seri Najib Razak Thursday announced the implementation of the First Home Financing Scheme (MyDeposit) as tabled in the 2016 Budget. He said the scheme was implemented to help the middle 40 per cent income bracket (M40) with household incomes of between RM3,000 and RM10,000. "(This scheme involves) ... Read More
Penang LRT – Bayan Lepas Line
The proposed Bayan Lepas Light Rail Transit Line will covers a distance of 30km and 27 stations. Of its 27 proposed stations, 19 are to be in Komtar, Macallum Street area, Bandar Sri Pinang, the future Sky Cab station, East Jelutong, The Light Waterfront, Gelugor, Universiti Sains Malaysia, Batu Uban, Pesta ... Read More
Bayan Lepas Expressway (BLE) open today at 2PM
Motorist will be able to use the four-lane Bayan Lepas Expressway (BLE) in Penang from 2pm today. The elevated 3.2km-long dual carriage structure of the BLE connects motorists coming from Batu Maung to Sungai Nibong (Queensbay). In a press statement yesterday, the Public Works Department and UEM Builders Berhad advised ... Read More
UPCOMING: Bukit Mertajam / DNP Land
An upcoming mixed residential development by DNP Land at Machang Bubok. It is located along Jalan Machang Bubok, less than 6km away from AEON Mall in Alam. This development will offers a mixed of gated & guarded landed and a 11-storey medium cost apartment: Phase 1 (Gated & guarded): 2-storey terrace (78 ... Read More
18 East at Andaman – Prime-location Resort Home with Full Range of Amenities
Penang, affectionately known as the Pearl of the Orient is a famed tourist destination blessed with long stretches of sandy beaches and lush hills of tropical rainforests. This natural haven is also rich in history and culture with its capital, George Town recognised as a UNESCO World Heritage Site and ... Read More
MRCB’s Penang Sky Cab to begin construction in 1Q2018
Malaysian Resources Corp Bhd (MRCB)’s Penang Sky Cab, a 4.8km cable car system first mooted by the state government in March last year to connect mainland Penang in Butterworth and Jelutong in Penang Island, is expected to begin construction in the first quarter of 2018 (1Q2018). MRCB special project general ... Read More
Springtime at the EcoWorld Gallery @ Eco Meadows
It is springtime at the EcoWorld Gallery @ Eco Meadows in Simpang Ampat, south Seberang Prai, Penang. A host of 16,888 colourful tulips are seen sprouting behind the showroom building in Jalan Paboi, not far from the Tambun toll plaza. Part of a promotion for the Eco Bloom project in ... Read More
Penang Housing Price Analysis by Raine & Horne
The Penang housing market will see houses on the secondary market and in new projects priced below RM450,000 hogging the limelight in the coming months, says Raine & Horne International Zaki + Partners director Michael Geh (pictured, below). However, the more pressing issue is the inordinately long delay in getting ... Read More
Strong support for Gurney Wharf project, says state
Members of the public aresupportive of Penang’s Gurney Wharf project according to a survey carried out by the state, according to Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. “More than 80% of the 832 individuals and five organisations who responded to thepublic survey on the Gurney ... Read More
An Exciting Choice to Make: Buy or Rent a Condo?
When it comes to choosing where to live for a mid or long term stay, you’ll find two main options open on real estate sites like Property Guru when it comes to a condominium. The first is to buy it, which will connote long-term stay, or for an investing venture ... Read More
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