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First-time homebuyers to get stamp duty exemption
First-time homebuyers will get a stamp duty exemption on the instrument of transfer and loan agreement under the Keluarga Malaysia Home Ownership Initiative (i-MILIKI), says Datuk Seri Ismail Sabri...
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SITE PROGRESS: Lucerne Residences (July 2022)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes...
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Stamp duty waiver to have minimal impact on overall property market
RHB Investment Bank Research (RHB IB) said the stamp duty waiver announced by the government will have minimal impact on the overall property market. In a note on Monday (July 18), the research house...
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KPKT to develop Affordable Housing Price Index
The Housing and Local Government Ministry (KPKT) is developing an Affordable Housing Price Index for each location nationwide as a guide for developers, prospective buyers and local authorities to...
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Bayan Lepas LRT project has entered pre-qualification stage
The Penang government has initiated the pre-qualification process for the Bayan Lepas Light Rail Transit’s Request for Proposal exercise. Chief Minister Chow Kon Yeow said interested corporations that...
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Penang listed among Top 10 islands in Southeast Asia 2022
Penang and Langkawi have earned the Top 10 spot in the first ever Asia’s Best Awards 2022 – Top 10 islands in Southeast Asia for 2022. The list was published by Travel + Leisure, a resource for trip...
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SITE PROGRESS: Green City Residence (July 2022)
About Green City Residence A 29-storey luxury development in the heart of George Town by Green City Garden Development Sdn. Bhd. Located on a half-acre land along Macalister Road, it is only 2km away...
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UPCOMING: Pulau Tikus / Primary Spectra Development SB.
A new proposed luxury residential development within the upscale neighborhood of Pulau Tikis. Undertaken by Primary Spectra Development Sdn. Bhd., the proposed project will be located along Lebuhraya...
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The last 4 units of ‘sea-facing’ bungalows in Gurney Drive sold for over RM20mil
Image Source: Google Street View One of Malaysia’s most high-end neighbourhoods, Gurney Drive, has proven it is real estate gold after Hong Kong investors snapped up four bungalows in the area for over...
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Mak Mandin Indah apartment is now 64% completed
According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh, the Affordable Housing Project (RMM) in Mak Mandin is now at 64 percent and on track to...
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IHG to debut Crowne Plaza as the flagship hotel for Straits City in Penang
At the signing ceremony for the partnership are, from left: STC Property Management Sdn Bhd CEO Tan Hwei Yee, Teng, Rajit and IHG Hotels & Resorts vice president, operations, Southeast Asia and...
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Short-term rental guidelines is expected to come into effect in January 2023
The Penang State Government introduced short-term rental guidelines for highrise and landed houses which is expected to be enforced from January next year. State Housing, Local Government, Town and...
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M Summit 191 received two Malaysia Book of Records (MBR) awards today
M Summit 191 Executive Hotel Suites, which will be rebranded as The Granite Luxury Hotel on Aug 1, achieved a rare distinction when it . The hotel’s car park is recognised as Malaysia’s Tallest...
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Affordable housing project at Permatang Pasir broke ground yesterday
Folk living in the central Seberang Perai district, specifically in Permatang Pasir, will soon have the chance to apply for their desired affordable housing units courtesy of the Penang government....
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Affordable housing @ Permatang Pauh
An affordable housing development by Spirit of Perai Sdn. Bhd. at Permatang Pasir near Permatang Pauh. It is located about 5km away from North-South Expressway – Sungai Dua interchange, about 10...
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20 Most Active Projects in Penang (Jan – July 2022)
After nearly two years of lockdowns and travel restrictions, the buying interest in Penang property is seen rebounding amid the improving economy. According to our web traffic analytics,...
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Penang Affordable Housing Expo coming soon
The Penang Affordable Housing Expo is returning this year and it will be held at Lower Ground, Prangin Mall from Sept 30 to Oct 2. Penang Local Government, Housing, Town, and Country Planning...
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SITE PROGRESS: Garden Superlink II @ Jesselton Hills (Aug 2022)
About Garden Superlink II @ Jesselton Hills The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended...
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Proposal to build workers’ quarters in Penang Tech Park shelved
The proposal to build a centralised workers’ quarters (CLQ) at the industrial area in Penang Technology Park in Bertam, Kepala Batas has been cancelled. Deputy Chief Minister I Datuk Ahmad Zakiyuddin...
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SITE PROGRESS: Terraces Condominium (Aug 2022)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a...
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