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Penang commercial property transaction value up by 19%
Commercial property transactions were down in both value and volume last year compared to the previous year. According to the National Property Information Centre’s (Napic) 2015 Property Market Report,...
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Mahkota Promenade
Mahkota Promenade, an upcoming commercial development with direct frontage along Jalan Rozhan and AEON Mall. It is located right in front of Mahkota Impian Serviced Apartment, about five minutes walk...
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Juru Interchange Upgrade
As part of the Penang Transport Master Plan (PTMP), the Juru Interchange is expected to be upgraded into a “Diverging Diamond Interchange”. Also called a double crossover diamond interchange, is a...
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Property Stratagems 2016
For the first time in 2016, Property Stratagems is coming to beautiful Penang. We have assembled the Heavyweights in the property investment scene in Malaysia all in one place on the 23 & 24 April...
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UPCOMING: Bukit Minyak / Paramount Garden & World Corporate Construction
These are two upcoming commercial developments at Bukit Minyak. They are located off Jalan Pinang, just a stone’s throw away from Bukit Minyak Industrial Park. Since the two proposed development are...
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Penang Monorail – Air Itam Line
Besides the Bayan Lepas belt, the other two relatively high density development corridors in Penang Island are the western Ayer Itam and northern Tg Tokong corridors. Adopting a similar approach by...
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Half of overhang units are homes priced at RM300,000 and below
Deputy Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year. He sees developers focusing on the more affordably-priced homes. He is correct on...
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Downside of interest bearing scheme
Every now and then some quarters will accept developers’ mantra to re-introduce the Developers Interest Bearing Scheme (DIBS). It should be noted that Bank Negara had prohibited and outlawed “any form...
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Solving affordability issues
Bank Negara looking at long-term solutions BUYING a house can be an emotive affair. Selling a house can be equally so. Whether the emotions are on the part of the buyer or the seller, Bank Negara has...
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Bayan Lepas LRT plan adjusted following complains from schools
According to a report in TheSunDaily, adjustments were made to the proposed Bayan Lepas to George Town Light Rail Transit (LRT) line. Read on: Chow said he has received feedback that SRS Consortium,...
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Affordable housing applicants must now submit a CCRIS report
Affordable housing applicants must now show their creditworthiness when applying. The state government has made this a requirement on the advice of Bank Negara, said state Housing Comittee chairman...
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Penang Monorail – Tanjung Tokong Line
The 7km Tanjong Tokong Monorail line with 8 stations is proposed to begin at the KOMTAR integrated interchange station and terminates at Tg Tokong. This monorail transit line will serve mixed...
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The Sky @ Hillpark
Following the success of Hillpark Residences gated and guarded scheme, Sunrise Manner Sdn. Bhd. is lauchning their second project in Bukit Mertajam, which is known as Thy Sky. This development is just...
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Promising outlook on Penang property market
Read this yesterday on The Edge Property. I generally agree that Penang’s property market outlook is still promising and prices of residential property (especially landed) were generally on the...
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BLT Park II
BLT Park II, another light industrial development by DSG Group in Permatang Tinggi, Bukit Mertajam. It is located within the vicinity of Permatang Tinggi commercial hub. Neighboring industrial park...
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Vertu Resort – Show Units Opening (29 April – 2 May)
You are cordially invited to be the very first to experience the ultimate urban lifestyle at Vertu Resort, Aspen Vision City. RSVP your attendance now so that the team may assist you during your...
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North Coast Pair Road
The North Coast Pair Road (NCPR) to be undertaken by the Zenith-BUCG, only ends at Jalan Lembah Permai in Tg Bungah from Teluk Bahang, forming only the western section of NCPR. [Refer to the image...
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Debate on Penang Transport Master Plan
The state government is surprised by the call of a group of non-governmental organisations (NGOs) which questioned the size of the Penang Transport Master Plan (PTMP). “If you reject and cancel the...
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My First Home Convention – 28 May 2016
In collaboration with GM Training Academy, we are co-organizing “My First Home Convention” on 28 May 2016. This event is aimed at giving first time home buyers some guidance and pointers. Hence, the...
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Penang Sky Cab
Sky Cab proposed alignment is 4.8 km long and connects the Sky Cab Station in Butterworth, Seberang Perai with Sky Cab Station (Bayan Lepas LRT) in Jelutong in Penang. The project is now in the...
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