To stimulate the property market and provide financial relief to home buyers, here are the incentives announced by Prime Minister today: 1. Home Ownership Campaign (HOC) to be reintroduced: Stamp duty exemption on the instruments of transfer and loan agreement for the purchase of residential homes priced between RM300,000 to ... Read More

The Penang government is set to announce a housing ownership package next week to ease home ownership in the state. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the package – dubbed Housing Ownership Campaign Package (Penang edition) 2020 – has two main objectives ... Read More

A proposed strata development by Uniflex Synergy Sdn. Bhd. at Butterworth. It is strategically located along Jalan Kampung Gajah, just a stone's throw away from Nautical Bay by OHM Group. This development was previously proposed by Venn Group, which will see the construction of a 15-storey condominium offering 92 residential units with a ... Read More

About Residensi Permatang Pauh Affordable housing undertaken by Excel Focus Properties Sdn. Bhd. It is strategically located within the established township of Permatang Pauh, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. Find out more about Residensi Permatang ... Read More

The Federal Government has withdrawn its RM100 million allocation for the development of a cable car system on Penang Hill. Chief Minister Chow Kon Yeow expressed his disappointment over the Federal Government’s decision. “The withdrawal of allocation would not only affect the continuity of the hill’s development plan, but also ... Read More

The value of completed and unsold properties from all segments dropped 5.3% year-on-year to RM18.91bil in the first quarter of 2020, despite more units being launched during the period, according to the National Property Information Centre (Napic). According to Napic, a total of 127,604 units were launched in the first ... Read More

A small landed housing development proposed by Concrete Idea Sdn. Bhd. (a subsidiary of Tawakar Group) at Taman Pauh Jaya in Bukit Tengah. It is strategically located near Jalan Baru, just a stone's throw away from two luxury car showrooms, namely BMW (Tian Siang Premium Auto) and Porsche Centre. Amenities ... Read More

About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences ... Read More

The construction works of the bridge in Valdor, connecting Bukit Tambun and Batu Kawan industrial areas, are scheduled to complete next month. Chief Minister Chow Kon Yeow said the bridge would be open in July. “The bridge is an infrastructure that can help to spur future economic growth and development in ... Read More

The office space in the new GBS@Mahsuri has been fully snapped up by tenants. Penang Development Corporation (PDC) general manager Datuk Mohd Bazid Abdul Kahar said the construction works of the two-storey 80,000 sqft building would be completed in September this year. “It was initially scheduled to complete in April ... Read More