Bulk-buying of houses by investors’ clubs is not a sure-fire way for people to make money as they could lose everything if a deal goes bad. The Urban Wellbeing, Housing and Local Government Ministry’s Housing Department said yesterday there were risks involved for people who joined such investors’ clubs, especially ... Read More

It took a long time for the Penang Government to start building homes under its affordable housing scheme as it had to save money for the projects, said Chief Minister Lim Guan Eng. He said the state had allocated RM500mil which was generated from the sale of 41.5ha of land ... Read More

Ramah Pavilion, an affordable housing development by M Summit Group in Teluk Kumbar, Penang. It is located next to Puspakom Teluk Kumbar, a mere minutes drive from Teluk Kumbar town center via Jalan Teluk Kumbar. This development comprises 759 affordable units in two blocks of 36 & 38-storey building. It will also comes with ... Read More

The state government wants more private developers to come on board to build affordable housing units. Penang Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said that with 22,500 affordable units to be built over the next 10 years, private developers should grab the opportunity to be part ... Read More

Bank Negara Malaysia is not going to “run the economy to the ground” to achieve low inflation, said governor Tan Sri Dr Zeti Akhtar Aziz. Risks to growth have to be taken into account, too, she said, cautioning that any significant brakes will be the cause for some pausing in ... Read More

Jernih Residence 2, strategically located within Bukit Mertajam township, on higher ground at 15 meter above sea level. This development is just next to the new Jernih Residence gated and guarded housing scheme, comprises 14 units of 2-storey semi-detached houses with built-up area ranging 2,650 sq.ft. onwards. It is only a ... Read More

Developer Aspen Vision Land, IKEA franchisee Ikano Pte Ltd and the Penang Development Corporation (PDC) have entered an agreement for a RM8 billion integrated development in Batu Kawan that will be built around the Swedish furniture icon. The massive project will be headlined by a regional integrated shopping haven anchored ... Read More

Everyone dreams of owning their own house someday. However, most people failed at saving up the hefty down payment that come with home buying. Though there are options out there for the middle to lower income groups to get a house without paying a huge upfront amount, such as PR1MA, ... Read More

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

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