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Homebuyers to bear the brunt of rising building costs
Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years. If the safeguard duty leads to a rise in steel prices, Real Estate and Property Developers’ Association (Rehda) president Datuk Seri ... Read More

UPCOMING: Tanjung Bungah / BSG Property
Yet another proposed mixed development by BSG Property at Tanjung Bungah. Strategically located along Jalan Lembah Permai, adjacent to 2 Permai landed housing scheme by the same developer. It is only a mere minutes drive to Tunku Abdul Rahman (TAR) University College. This development will feature a mix of condominium ... Read More

Property Marketing Report 2016 indicates property prices remain steady
House prices have remained steady despite a slowdown in property sales and a huge overhang of unsold units. According to the Valuation & Property Services Department’s (JPPH) Property Market Report 2016, prices of residential property continued to grow, albeit moderately despite the current market glut. “The Malaysian House Price Index ... Read More

The Ship Campus (Peninsula College)
The Ship Campus (Peninsula College) is an upcoming university campus in Batu Kawan, combining an eco-friendly campus with a dynamic blend of technology and innovation to enable professional learning. The 5-acre campus is strategically located at the southern part of Batu Kawan and it is part of PKT's "One Auto ... Read More

Reclamation report to cover locals’ concerns
The Environmental Impact Assessment report for the reclamation on Penang island’s southern coast will be submitted to the Department of Environment by the end of this month. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the report would comprise various studies on the impact ... Read More

Nafiri @ Val d’Or
Nafiri @ Val d’Or, a light industrial development by GUH Holding at Sungai Bakap. Strategically located next to 156.5km of North-South Expressway, adjacent to Valdor Industrial Estate. It is just a short drive away from Hijauan Valdor housing scheme by Asas Dunia. This development will feature 58 units of 3-storey ... Read More

UPCOMING: Batu Ferringhi / Orientside Development (Q)
Proposed high-rise residential development by Orientside Development Sdn. Bhd. in Batu Ferringhi, Penang. Part of the company's 13.3ha development next to the island’s tourism belt in Batu Ferringhi and adjacent to Uplands International School. The latest proposal comprises a 47-storey building with 8 levels of carpark and 2 residential towers ... Read More

Increase in contribution fee postponed
The Penang government has decided to postpone its decision to raise the contribution fee by developers who fail to build low-cost and low medium-cost housing until the year-end. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state received complaints from Penang Real Estate and Housing ... Read More

GBS @ Mayang
The Penang government will spend RM10mil to refurbish the Mayang Mall building in Bayan Baru and turn it into a Global Business Services (GBS) centre for investors. Chief Minister Lim Guan Eng said the GBS industry had huge growth potential and needed a conducive business environment in order to flourish ... Read More

UPCOMING: Bukit Minyak / Total Vista Development
A proposed development by Total Vista Development Sdn. Bhd. in Bukit Minyak. Located next to Taman Markisah, just a stone's throw away from Bukit Minyak Industrial Park. It is only less than 5 minutes drive to AOEN Big hypermarket. This development will be developed in four phases, offering a mix of high-rise and ... Read More
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