Court upholds Appeals Board’s stay order on condo project
A developer has failed in its bid via judicial review to set aside the stay order issued by the Penang Appeals Board on its high-rise project in Pykett Avenue here. A High Court here upheld the...
View ArticleUPCOMING: Sungai Ara / Ideal Property Group
A newly proposed mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Bayan Lepas, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial...
View ArticleOvernight queues for Eco Bloom launch
Sunday morning – Eco Bloom official launch Eco World Development Group Berhad (EcoWorld) launched four new projects concurrently under its EcoWorld’s Firsts campaign today. The campaign showcases two...
View ArticleAFFORDABLE: Balik Pulau / Prisma Bumiraya Sdn. Bhd.
Another affordable housing proposed at Balik Pulau, by Prisma Bumiraya Sdn. Bhd. It is located along Jalan Sungai Pinang, next to Titi Teras Primary School. Only less than 2km away from Balik Pulau...
View Article5 Most Popular Affordable Housing Projects in 2016
Affordable housing is one of the hottest topics in Penang property market these days. As of today, Penang has more than 38 affordable housing projects proposed, 16 out of which are opened for...
View ArticleNon-landed residences on Penang island outperform landed homes
Non-landed residential projects on Penang island have performed better than landed homes on the island in recent years. There were more non-landed residential projects that recorded a cumulative annual...
View ArticleUtropolis Batu Kawan open for booking soon!
At the very centre of Penang’s new CBD and Lifestyle Hub, Utropolis Batu Kawan is a 44.15-acre self-contained integrated development comprising offices, retail shops, residences, hotel and KDU Penang...
View ArticleWhen will the property market pick up?
At a recent property seminar organised by Asian Strategy & Leadership Institute, several developers and property consultants had a debate predicting when the property market will pick up. Real...
View ArticleAn eye for Penang’s prime locations
Khor with a scale model of Alila 2 under construction in Tanjung Bungah. Hunza Properties Bhd is undertaking RM1bil worth of projects in strategic locations on Penang island and in Seberang Prai, where...
View ArticleMore calls for housing goodies from Budget 2017
Matrix Concepts Holdings Bhd (MCHB) is the latest property developer to join the call for more incentives for first time buyers of affordable homes in the upcoming Budget 2017. Although the demand for...
View ArticleSemi-detached House @ Hijauan Valdor (Phase 4)
Hijauan Valdor is a residential development by Asas Dunia in Sungai Bakap. It is strategically located along federal road, about 10 minutes drive to Penang Second Bridge. It is only a mere minutes...
View ArticlePutrajaya in discussion with EPF for higher housing withdrawal plan
The federal government is studying the possibility to allow first-time home buyers to withdraw more money from their Employees Provident Fund (EPF) account to finance their affordable house purchases....
View ArticleUPCOMING: Balik Pulau / GTM Noble Sdn. Bhd.
An upcoming mixed development by GTM Noble Sdn. Bhd. at Balik Pulau, Penang. It is located along Kuala Jalan Baru, adjacent to Prestige III housing scheme by PLB Land. About 10 minutes driving...
View ArticleEncorp selling Batu Ferringhi land to Selangor Dredging Bhd (SDB)
Picture for illustration only Encorp Bhd is selling 2.33ha of freehold land in Bandar Batu Ferringi, Penang to Crescent Consortium Sdn Bhd for RM25 million, Bernama reported yesterday. In a filing to...
View Article6 Proposed Projects at Sungai Ara in 2016
Interested to know what’s coming in Sungai Ara? Here are a list of newly proposed projects at Sungai Ara in 2016. These projects are still in their planning stage. Project name and launch date has yet...
View ArticleTaman Seri Juru – Phase 3
Taman Seri Juru, strategically located within the establish township of Bukit Minyak, next to Japan-Malaysia Technical Institute. It’s only a stone’s throw away from Bukit Minyak Industrial Park,...
View ArticleBank Negara suggests broader alternatives to home ownership
Bank Negara Malaysia said developing broader home ownership alternatives, including a well-functioning rental market, was deemed a policy priority to protect homebuyers from financial hardship. In a...
View Article3 Reasons WHY the Property Market deserves to Slowdown
* Article by Freemind Works * Since the start of the year, the real estate market has somewhat quiet down. Many asked my view of the market moving forward. Here it is. It’s time the market consolidated...
View ArticleNo decision yet on moneylending policy review
The Urban Wellbeing, Housing and Local Government Ministry is still undecided on the review of a moneylending policy for property developers although it has been over a month since the idea was mooted....
View ArticlePenang East Seafront Residence
Penang East Seafront Residence, an upcoming seafront commercial development by Star Sanctuary Land Sdn. Bhd. at Butterworth, Penang. It is strategically located along Jalan Bagan Jermal, adjacent to...
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