The high rejection rate for housing loan applications is making it a challenge for the state government to provide the people of Penang with an affordable roof over their heads. In a letter to Bank Negara governor Tan Sri Datuk Sri Dr Zeti Akhtar Aziz, the state government called for ... Read More

Revently, the Negri Sembilan government announced that it will control the price of houses to be built within its state. Mentri Besar Datuk Seri Mohamad Hasan said this is one of the fundamental keypoints of the new state housing policy, which will be finalised soon. "In this new policy, 15% ... Read More

Sky Residence @ BM Utama, the phase 5 of BM Utama housing scheme by DNP Land at Bukit Minyak. It is merely 5km from Juru toll (Autocity) and about 15 minutes drive from Penang Bridge. Its neighbourhood comprising well established residential scheme such as Taman Kota Permai, Desa Palma and Taman Permai ... Read More

* Article by Freemind Works * We are coming into the third quarter of the year, and is now in the so called post-GST era. Whilst some argue that it is still too “early” into the GST implementation to really read the property market, some said it’s the best time ... Read More

Sunway Cassia @ Batu Maung, a residential development buy Sunway Property in Batu Maung, Penang. It features 6 thematic parks with lush landscapes within the development. Less than 5 km away from the Second Penang Bridge and Penang International Airport. The final (3rd) phase of Sunway Cassia comprises 48 units of ... Read More

An increasing population in Penang coupled withlong-term property demand will be supported by major projects driven by public-private partnerships (PPPs), according to Affin Hwang Capital Research. Among the PPP projects, the largest being the RM27bil Penang Transport Master Plan (PTMP), could be awarded by September. Singapore’s Temasek Holdings also has ... Read More

Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang. It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects. The RM27bil Penang Transport Master Plan (PTMP) is the largest PPP ... Read More

Sanctuary Residence, the third phase of Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Strategically located within established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is only a mere minutes drive to AEON Mall and Tesco Hypermarket. This is a guarded residential scheme comprises 216 units of 2-storey semi-detached ... Read More

Ewein Bhd's unit Ewein Zenith Sdn Bhd has received a letter from the Ministry of Domestic Trade, Co-Operatives and Consumerism conferring the unit as the Champion of Entry Point Project 10 (EPP 10)-Wellness Resorts, under the Economic Transformation Programme (ETP). In a filing to Bursa Malaysia, the company said the ... Read More

Springs Ville, a proposed 12-storey high-rise development by Delisprings Development Sdn. Bhd. (a subsidiary of CNH group), within the established township of Bagan Lallang in Butterworth. It is located immediately opposite Taman Segemal, just a few minutes drive from Butterworth Outer Ring Road. Chung Ling (Butterworth) High School is only 1 km away ... Read More