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Council to discuss residents’ concerns with high-rise developer
Penang Island City Council (MBPP) will hold discussions with the developer of a high-rise project in Tanjung Bungah to reduce the number of levels of the building. Mayor Datuk Patahiyah Ismail said even though the MBPP had already approved the housing project, it would still hold talks with the developer’s ... Read More
Affordable Housing Roadshow – 11 April 2015
If you are interested in affordable housing projects, officers from the state housing department together with PDC will be in two different locations, namely Tesco (e-Gate) and PDC Sales Gallery (Batu Kawan), for the ‘Mission: Home-Possible’ road-show, to showcase affordable housing projects as well as assisting potential buyer to submit their ... Read More
Congestion down at upgraded Jalan Masjid Negeri
A newly upgraded stretch of Jalan Masjid Negeri here has reduced traffic congestion during rush hour by some 15% according to the Penang Island City Council Engineering Department deputy director A. Rajendran. He said the 600m stretch had been widened between 12m and 16m under a RM7.29 million project which ... Read More
RM800mil GDV for Ewein’s project in Penang
The first property project on land alienated in relation to Penang’s massive highway and traffic mitigation venture will have a gross development value of RM800mil. Ewein Bhd and Consortium Zenith BUCG Sdn Bhd will undertake the mixed development project on 3.67 acres in Bandar Tanjong Pinang. In a filing with ... Read More
UPCOMING: Tanjung Bungah / BSG Property
A proposed mixed residential development by BSG Property in Tanjung Bungah, Penang. It is located off Jalan Poh Heng, just a stone's throw away from Hillview Garden and Desa Embun Emas apartment. The development will consists of the following: 50-storey condominium with 8 levels of car parks and one facilities ... Read More
Folk fear high-density project may cause traffic woes
Residents of Tanjung Bungah are concerned over a proposed high-density development, which is expected to cause traffic congestion in the area. Desa Embun Emas (DEE) Apartments Council chairman George Lee said residents foresaw an additional 2,000 cars in the vicinity based on an estimation of two cars for each household ... Read More
Happiness as long wait for homes comes to an end
Some 50 first-time unit buyers went one step closer to their dream of home ownership at the M Summit Group’s Taman Ria and Ramah Pavilion balloting session in Penang. At the event held at the group’s office in Wisma Penang Garden recently, the buyers for the projects in Teluk Kumbar ... Read More
Landed in Penang? Be prepared with lots of money
by Charles Tan When we look at the Penang’s market, we can see the real demand versus supply in real action. The reason I say so is because despite the property transactions declining, the prices of landed properties, especially within the island and especially only in that few hotspots continue ... Read More
10 Most Popular Projects in March 2015
E&O's latest executive apartment, The Tamarind, continues to hog the limelight as the most popular project of the month. An increased of 20% in page views compared to the previous month. However, it is likely to trend downward going forward as the remaining units are slowly being snatched up by ... Read More
Housing industry still confused as GST kicks off
The housing industry remains uncertain on how to implement the Goods and Services Tax (GST) that takes effect from today, property developers and real estate agents have said. Malaysian Institute of Estate Agents (MIEA) president Siva Shanker said he and many other real estate agents do not know whether GST ... Read More
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