AFFORDABLE HOUSING
Experts call for income-based approach to affordable housing
Malaysia’s long-standing definition of “affordable housing” is starting to show its limits. The widely used RM300,000 benchmark, once seen as a practical guideline, now appears increasingly disconnected from household incomes, regional costs and actual purchasing power. As a result, the country faces a paradox: thousands of homes labelled “affordable” remain ... Read More
RFP opened for Rumah MutiaraKu on 6.4-acre site in Nibong Tebal
The Penang State Housing Board (LPNPP) has called for proposals for the development of a Rumah MutiaraKu affordable housing project on a 6.4-acre parcel of land located near Kampung Sungai Acheh in Nibong Tebal. According to the Seberang Perai Local Plan 2030, the site is designated primarily for residential use ... Read More
SkyWorld breaks ground on nation’s largest affordable housing project in Penang
SkyWorld Development Berhad (“SkyWorld”), Malaysia’s leading city developer, marked a significant milestone today with the groundbreaking ceremony in Seberang Jaya, officially commencing the development of the nation’s largest affordable housing project under the Rumah Bakat MADANI initiative. The event was officiated by Malaysia’s Prime Minister, YAB Dato’ Seri Utama Anwar ... Read More
PROPOSED: 36-storey affordable housing at Teluk Kumbar
A newly proposed affordable housing development is set to be built along Jalan Kampung Masjid in Teluk Kumbar, situated close to the upcoming Silicon Island. The site is approximately a 10-minute drive from Penang International Airport and less than 20 minutes from the Penang Second Bridge. The project will consist ... Read More
SkyWorld acquires Batu Kawan land for affordable housing project
SkyWorld Development Bhd is set to expand its footprint in Penang with the acquisition of a 25.9-acre land parcel in Batu Kawan for RM48.51 million. The land, known as Parcel 1, is part of a 161.5-acre site in Bandar Cassia, Seberang Perai Selatan, earmarked for the development of Rumah Bakat ... Read More
Penang housing discount policy set for review to promote inclusivity
Penang Chief Minister Chow Kon Yeow has instructed state Housing Committee chairman Datuk Seri S. Sundarajoo to review the housing discount policy announced for Indian Muslims, with the intention of expanding the initiative to benefit all homebuyers. The directive follows public feedback regarding the recent announcement of a five per ... Read More
Development must uplift the people, not just the wealthy
Prime Minister Datuk Seri Anwar Ibrahim has called for a shift in urban development priorities, stressing that government projects must focus on uplifting the general population, not just serving luxury interests. Speaking at the groundbreaking ceremony of the Rumah Belia Madani and affordable housing project in Kuala Lumpur, Anwar said ... Read More
Groundbreaking for RMM Bakat Baru MADANI scheduled for April 2025
The groundbreaking ceremony for the Rumah Mampu Milik (RMM) Bakat Baru MADANI housing project in Seberang Jaya is scheduled to take place at the end of April 2025. Chief Minister Y.A.B. Tuan Chow Kon Yeow previously announced that the ceremony was initially planned for March 2025 but was postponed due ... Read More
Penang urges developers to speed up affordable housing projects
The Penang state government has issued a strong call for action against developers delaying affordable housing projects. State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu emphasized the urgency of completing these projects to meet the growing demand for affordable homes in the state. Sundarajoo revealed that while over ... Read More
PROPOSED: Mixed development with 634-unit affordable housing in Jelutong
A proposed mixed-use development in Jelutong, situated along the busy Jalan Perak, next to Skyview Residence. The site is within walking distance of Sunshine Jelutong and the newly opened G.O.A.T Pickleball facility, with convenient access to Tun Dr. Lim Chong Eu Expressway via Jalan Ahmad Nor. The development will feature ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- The project passes near my home. I don’t think it is even 50% completed and...JK on Air Itam–Tun Dr LCE bypass reaches 91% completion, on track for April 2027
- From observation by someone who pass by the road daily, it has almost stop works....KC on Air Itam–Tun Dr LCE bypass reaches 91% completion, on track for April 2027
- create telegram group very easy... just who want to manage the group ...K on The Cube
- @ForeverSeaView Can someone create a facebook group/page for the home owners to gather to discuss...Andy_Khoo on The Cube
- Can ask the developer why construction so slow ? XD ...K on The Cube
- YEE, DID YOU SEE THEIR WORKER WORK THERE? NOT TO MANY ...THAT WHY SO SLOW...SIM LI on The Cube
- RYU , YOU BUY THE HIGH FLOOR , THAT WHY YOU CAN GET LOWER FLOOR...SIM LI on The Cube
- Why is the cube progress so slow? Like 2 months for only 1 level RC...Yee on The Cube
- rumor said this project has been discontinued due to costing issue, is it true? ...sam on PIX 1 Residences
- Got whatsapp group for owner? ...Gemini on Senze @ PICC
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams
