In a move to facilitate loan transactions between first-time house buyers and banking institutions, the government is expected to announce a new scheme during the tabling of the 2017 Budget. Second Finance Minister, Datuk Johari Abdul Ghani said his ministry is currently collaborating with Bank Negara, Malayan Banking Bhd (Maybank), ... Read More

A newly proposed affordable housing by Hunza's wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,390 affordable units: BLOCK A Tower A1 - 426 affordable units ... Read More

The Park @ Mak Mandin, an affordable housing scheme by Penang State Government at Jalan Mak Mandin, Butterworth. This project is undertaken by Silver Channel Sdn. Bhd., comprising 4 blocks of 14-storey towers with 780 apartment units. Featuring spacious layout with a built-up area of 1,002 sq.ft., each unit comes with 3 bedrooms and ... Read More

New URL: https://www.penangpropertytalk.com/2021/01/affordable-ayer-itam-focal-products-sdn-bhd/ A newly proposed affordable housing project by Focal Products Sdn. Bhd. at Air Itam, Penang. Located at the intersection of Jalan Teochew Satu and Jalan Thean Teik, next to Hui Aun Apartment. It is only 1km away from Sunshine Farlim. The proposed development consists of two 39-storey residential ... Read More

The Penang government has agreed in principle that the 20% surcharge for affordable housing units sold in the northeast district will be reduced to 10%. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo told International Real Estate Federation (FIABCI) Penang branch members that this was to invigorate ... Read More

Mutiara Jesselton, an upcoming low-medium cost housing development by Berjaya Land at Batu Gantong, also known as the parcel 3 of Jesselton Villas master-planned development. It is just a short drive away from Penang Turf Club and easily accessible via Jalan Scotland. This development comprises a 32-storey residential tower and 16 units of ... Read More

More options for those who are interested in affordable housing at Balik Pulau. Here is the proposal by Ion Development Sdn. Bhd., comprising a 10-storey low-rise condominium with 6 units of shoplots located at ground floor. This development is located immediately opposite South West District Police Headquarters, it between Heliconia ... Read More

The first 520 of the 22,512 affordable housing units planned by the present Penang state government are nearing completion. State Local Government Committee chairman Chow Kon Yeow said the units were being built under the 6.4ha first phase of a Penang Development Corporation (PDC) project in Bandar Cassia. The development, ... Read More

An upcoming affordable housing development in Penang mainland by Excel Focus Properties Sdn. Bhd. Strategically located within the established township of Seberang Jaya, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. The proposed development will offers 2 blocks ... Read More

A proposed mixed development by Malim Jaya Sdn. Bhd. in Batu Ferringhi, Penang. Strategically located next to Miami Green condominium, just a couple minutes walk away from Miami Beach. The proposed development comprises 3 blocks of high-rises, offering a mixed of serviced residences and affordable housing. 750 sq.ft. unit is ... Read More