Iconic Vue, an affordable housing by Iconic Land Sdn. Bhd. at Batu Ferringhi, Penang. Strategically located along Lorong Sungai Emas, only about five minutes walking distance from Golden Sand Resort. It is surrounded by many local amenities such as schools, petrol stations, police stations & F&B outlets, This development comprises a 26-storey condominium with ... Read More

Villa Acres Residence, a proposed affordable housing project by Villa Acres Development Sdn. Bhd. at Bukit Mertajam, Penang. If approved, this will be one of the very strategic affordable housing location in the mainland. It is strategically located along Jalan Betek, easily accessible via the ever bustling Jalan Song Ban ... Read More

QuayWest Residence, a freehold residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers, 253 units of which are categorized under affordable housing. The affordable category is now SOLD OUT. Smallest unit starts from 728 sq.ft., with an indicative price from RM 200,000 onward ... Read More

Potential first-time home buyers will have a chance to own affordable homes in environmental friendly surroundings through the Berjaya Land Berhad (BLand) Jesselton Villas project near to Penang Turf Club. Berjaya Land Bhd (BLand) executive director Eason Phan said the company was looking forward to build the 500 units of ... Read More

Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as affordable housing type A and low medium-cost houses priced at RM72,500, as affordable housing type B. State Housing, Town ... Read More

Affordable housing is no longer a new topic for potential home buyers. So many yet it could be so few that is suitable. Today, let's take a stroll into comparing the two most popular affordable housing projects in the north east district of Penang Island. Both projects are located within ... Read More

Penang-based property player Ideal United Bintang Bhd (IUBB) plans to stick to affordable housing projects in the next two years, given the slowdown in the economy and property sector in the country. IUBB's executive chairman Datuk Alex Ooi Kee Liang said at present, the group will be concentrating on its ... Read More

The Penang government has relaxed the ownership eligibility for affordable housing in the state. State Housing Committee chairman Jagdeep Singh said 30% of the units in an all-affordable housing project can be purchased on the open market without government vetting. He however said these units were priced 10% higher while ... Read More

The first privately initiated Affordable Home Project by Aspen Group in collaboration with the Penang State Government, Tri Pinnacle, has opened its show unit on 21 November. Eligible buyers as well as those who are interested to experience how it truly feels to live in a unit at Tri Pinnacle ... Read More

APDL (Advertising Permit & Developer's License) approval has been a hot topic in Penang's housing industry over the last couple of months.  The delay in approval not only is a challenge for developers, it is also a depressing experience for the first time home buyers. So, to shed some light on the issue, here is a list ... Read More