Clik here to view.
MyDeposit scheme to help first home buyer
Prime Minister Datuk Seri Najib Razak Thursday announced the implementation of the First Home Financing Scheme (MyDeposit) as tabled in the 2016 Budget. He said the scheme was implemented to help the...
View ArticleClik here to view.
Proposed LRT Stations – Bayan Lepas Line
Bayan Lepas LRT, the very first LRT line in Penang, will be about 30 km in length with 27 stations running from KOMTAR to the future reclaimed islands in the south. Besides passing through...
View ArticleClik here to view.
Will 2016 fare better than 2015? What is the Opportunity vs the Risk?
Figure 1: Property Indicator * Article by Freemind Works * The year 2015 has seen significant highlights in the property market. The year started with the implementation of GST in April 2015. The...
View ArticleClik here to view.
Design Village Penang targets to open in November
Design Village Penang – the northern state’s first premium outlet mall – aims to open by this November in time for the school holidays, said its general manager Tay Ai Leen. This is slightly earlier...
View ArticleClik here to view.
Eco Terraces, Eco Meadows, Eco Bloom & Eco Marina
Eco World Development Group Bhd, driven by a vision to ‘create tomorrow and beyond’, is gradually transforming Penang’s skyline with unique projects. Its Eco Terraces is taking shape in Paya Terubong...
View ArticleClik here to view.
Penang Structure Plan – Three proposed man-made isles to be included
The Penang Structure Plan, which is out-dated, needs to be revised to incorporate the three proposed man-made islands off the south coast near Permatang Damar Laut meant to fund the Penang Transport...
View ArticleClik here to view.
20 Most Active Projects in Penang (Q1 2016)
2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with...
View ArticleClik here to view.
New Highway – Pan Island Link 1
A new 20km highway, the Pan Island Link 1, is proposed to alleviate the heavy traffic load on the Tun Dr Lim Chong Eu Expressway (LCE) and adjacent arterial such as Pengkalan Weld, Jalan Masjid...
View ArticleClik here to view.
Second New Highway – Pan Island Link 2 / 2A
Penang highway master plan also looked at enabling the future development of less developed areas such as Balik Pulau and Teluk Kumbar in Penang Island by constructing a “spurs” road from PIL 1 at...
View ArticleClik here to view.
UPCOMING: Bukit Mertajam / Hong Hong Development
Another proposed gated and guarded scheme by Hong Hong Development at Alma in Bukit Mertajam. It is strategically located along Jalan Impian Ria, adjacent to Taman Saujana Indah and Jesselton Hills...
View ArticleClik here to view.
2016 Property Financing Outlook
* Article by Freemind Works * Property market in 2016 will continue to be soft especially with the challenges we are facing externally (possible continuous rate hike in U.S., Slower GDP growth in...
View ArticleClik here to view.
Seven roads projects approved for Penang under 11th Malaysia Plan
Seven road projects totalling RM1.96bil have been approved for Penang under the First Rolling Plan (2016-2017) of the 11th Malaysian Plan. On the island, they include road upgrades from Teluk Kumbar to...
View ArticleClik here to view.
Sunway Property to launch final phase of Sunway Cassia in Penang
Sunway Property, the Master Community Developer and Malaysia’s leading property developer, will officially launch the final phase of Sunway Cassia in Batu Maung, Penang on 17 April 2016. Public are...
View ArticleClik here to view.
Penang Third Link (Undersea Tunnel)
Undersea Tunnel is the third phase project undertaken by Consortium Zenith BUCG Sdn Bhd. The Undersea Tunnel link from Gurney Drive, George Town to Butterworth Outer Ring Road (BORR) with total length...
View ArticleClik here to view.
More than 500 MyDeposit applicants from Penang
The National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month. National Housing Department director-general Datuk Mohamad...
View ArticleClik here to view.
UPCOMING: Sungai Ara / Corfield Development Sdn. Bhd.
Another proposed high-rise residential development at Sungai Ara, Penang. It is located along Lilitan Sungai Ara, neighboring communities include Skycube Residence, Garden Ville, Sierra Residences,...
View ArticleClik here to view.
Penang George Town – Butterworth LRT Line
The 18km George Town-Butterworth LRT line will begin at The Light Station (on the Bayan Lepas LRT line) and terminates at Sg Nyiur Station for interchange transfer with Raja Uda-Bkt Mertajam Monorail...
View ArticleClik here to view.
Property sales recovery likely in H2
Property sales are expected to recover in the second half of 2016, driven by higher consumer confidence and improved economic outlook. CIMB Research in a report said it is maintaining an “overweight”...
View ArticleClik here to view.
Why Rent Instead of Buy a Property in Malaysia?
A lot of people believe that buying a property will be better for you in the long run instead of simply renting it. The main reason people have for favoring real estate purchases is because by the end...
View ArticleClik here to view.
Fewer property launches seen due to softening market and bleak household...
There will be fewer new property launches this year in light of the softening market and bleak household sentiment. According to the National Property Information Centre’s (Napic) 2015 Property Market...
View Article