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Eco Meadows
Eco Meadows, an upcoming township development by EcoWorld, situated on a 75.7-arce land in Simpang Ampat, Penang. This gated and guarded township to be developed in two phases over a period of 6 years. The initial phase of Eco Meadows comprises 375 units of 2-storey terrace houses and a 2-storey ... Read More
UPCOMING: Bagan Lallang / Venn Group
Proposed residential development by Venn Group along Jalan Segamal 4, within the established township of Bagan Lallang in Butterworth. Plot 1 comprises one block of 12-storey residential building with 108 condominium units. It will also comes with a rooftop garden. Plot 2 is a gated community with 25 units of ... Read More
Sweet success for All Seasons
Belleview Group has raised the living standards in Bandar Baru Air Itam with the successful completion and strong sales of the RM700mil residential All Seasons Park and the commercial All Seasons Place projects. The All Seasons Park has, to date, sold 95% of its 808 condominiums, leaving only 5% for ... Read More
Primary, Secondary Or Auctioned Properties: Which Is Worth Buying?
Generally people buy a residential home to live in before moving onto property investments, so for someone who is looking to buy a residential home to live in, what are the options out there? When deciding to buy a house you’ll have to make a decision early on, and that ... Read More
Penang Property Market – Insight Sharing
A few days ago, Charles, the founder of kopiandproperty.com, approached me to share with him some of my thoughts on Penang property market. As I shared my views with him, it is my pleasure to share them with the readers here. Q1. Statistically speaking, property transactions in Penang has been ... Read More
Govt open to reintroducing DIBS
The government is open to reintroducing the Developer Interest Bearing Scheme (DIBS) for the residential property market if there are indications that the ban is creating a negative impact, said Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan. "There are some suggestions made by the industry, we ... Read More
6 Property Factors That May Result In Your Home Loan Being Rejected
Owning your first home is a great achievement, especially recently, where the prices of property exceed the income of the people. Most people start to think about buying their first home when they get married, to accommodate their growing family. Obtaining a home loan can be easy if you know ... Read More
51,000 apply for affordable housing
A total of 51,238 people have applied for the low-cost, low medium-cost (LMC) and affordable housing units in Penang to date, said state Town, Country and Housing Committee chairman Jagdeep Singh Deo. Jagdeep said 24,399 people applied for low-cost units, 23,582 for LMC and 3,257 for affordable units. “The deserving ... Read More
The impact of GST on property
Of late, there has been concern on how the impending Goods and Services Tax (GST), effective April 1, 2015, will impact the property sector. Broadly, property buyers can be divided into two groups - those who want to buy before April 1 and those who want to buy post-GST. There ... Read More
Another OPR hike: Too soon?
A number of risks emerged in the first half of 2014, sending jitters across financial markets. In some developed nations, the negative sentiments of geopolitical affairs and economic uncertainties fuelled concerns of economic slowdown. Notwithstanding the uncertainties in the advanced economies, Malaysia’s gross domestic product (GDP) growth accelerated to 6.4% ... Read More
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