It is not fair to compare property prices in Penang with those in Singapore and Hong Kong, says CA Lim & Co’s principal Lim Chien Aun. “No doubt among the cheapest in the region, Penang, however, is not a financial centre like Singapore and Hong Kong, where there is substantial ... Read More

GEORGE TOWN: Contractors, some with links to triads, are forcing buyers of high-rise property here to carry out renovation works. Many of them charge a premium, sometimes up to 20% more than normal contractors. If the buyers insist on hiring contractors from outside, they are compelled into buying materials such ... Read More

At current rates, fresh grad workers cannot afford to buy a house It was one of those long eye-opening conversation between father and his soon-to-graduate son. “What are you going to do when you graduate?” “Get a job, buy a car.” “Don’t you want to buy a house?” “It’s too ... Read More

WANTING and actually being able to afford your own place are two very different things. With the oversupply of high-end condominiums shadowing the property market, fresh graduates and young professionals may have to either send out an SOS to their parents for cash or live at home because having “my ... Read More

Skyview Avenue, strategically situated in the heart of Jelutong along Jalan Perak, it is ideal for anchoring all kind of corporate offices and retail outlets. Designed for convenience, the exciting variety of eating outlets and retail mix reflects the lifestyle demands of the young trend-setters, makes it one of Penang's ... Read More

Tree Sparina, the phase 1 of Ideal Vision Park in by Ideal Property in Bayan Lepas, Penang. This project is strategically located along Jalan Tun Dr. Awang adopting ‘slow-city’ concept that promotes healthy living, environmentally friendly practices, preserving traditional trades and cuisine and, generally, an improved quality of life for ... Read More

BUTTERWORTH: Penangites continue to raise concerns that the proposed undersea tunnel project will have a negative impact on their lives, During a dialogue with Chief Minister Lim Guan Eng, environmental consultant Abdul Wahid Ghazali suggested a risk assessment study for the project, looking into possible effects caused by earthquakes and ... Read More

Ideal Vision Park, an upcoming project by Ideal Property in Bayan Lepas, Penang. This project would comprises six phases to be launched in stages over a five-year period. 80% of the project comprises residential high-rises, while the remaining are commercial properties. There will be a total of 1,945 condominiums with ... Read More

Ideal Haus, the latest addition to One Residence project in Sungai Ara by Ideal Property Development Sdn. Bhd. This non-gated freehold development comprises 117 garden terraces that incorporates spaciousness, flexibility and modern simplicity for a sheer living comfort. Location : One Residence, Sungai Ara, Penang Property Type : single & 2-storey Terrace Land Tenure : Freehold ... Read More

Permatang Tinggi Light Industrial Park, located within the vicinity of Impiana Commercial Hub in Alma, Bukit Mertajam. This development comprises 2-storey semi-detached and detached light industrial factories with built-up area ranging from 5,503 sq.ft. onwards. Each unit comes with modern facade and large glass windows which are ideal for displays ... Read More