Clik here to view.
Developers undeterred by sales slowdown
Property developers acknowledge that unbilled sales are on the decline but say the situation is not so bad and they are still able to record decent earnings. The decline in unbilled sales, they said,...
View ArticleClik here to view.
Iconic chairman Tan raises equity in Sanbumi
Projects by Iconic Group Datuk Tan Kean Tet, the chairman of Penang-based property developer Iconic Group Sdn Bhd, is acquiring a substantial stake in Sanbumi Holdings Bhd Sanbumi, in a filing with...
View ArticleClik here to view.
Penang suggests to allocate fund for housing from tax revenue
The government should consider using a certain portion of taxes collected from the rakyat to set up a specific fund for housing purposes. Penang Housing, Town, Country Planning and Local Government...
View ArticleClik here to view.
AFFORDABLE: Paya Terubong / PLB Land
Another proposed affordable housing development by PLB Land Sdn. Bhd. at Paya Terubong. Located along Tingkat Paya Terubong 5, just a stone’s throw away from Eco Terraces luxury condominium by Eco...
View ArticleClik here to view.
Penang to transform Gurney Drive into a must-see attraction
Gurney Wharf, a world class “park-on-the-sea”, is going to be even better than initially planned. The state government is planning to transform the place into “the pride of Penangites” with seaside...
View ArticleClik here to view.
Penang’s major highway project approved by DOE
The Department of Environment (DOE) has approved the construction of the three-paired highways across the island. State exco for Public Infrastructure Zairil Khir Johari said the DOE has approved the...
View ArticleClik here to view.
Waterstone
Picture for illustration only Waterstone, an upcoming residential development by Taman Sri Bungah Sdn. Bhd. (aa subsidiary BSG Property) at Tanjung Bungah, Penang. Located off Jalan Loh Poh Heng, right...
View ArticleClik here to view.
Govt not selling affordable housing units in cities
Housing and Local Government Minister Zuraida Kamaruddin called on state governments to submit their respective lists of land that will be used to build affordable housing by the end of October. “No...
View ArticleClik here to view.
Sanctuary Row
Sanctuary Row, an upcoming freehold commercial development at Permatang Sanctuary by IJM in Bukit Mertajam. Located along Jalan Santuari 2, right across the road from Sanctuary Villa. It is only 2km...
View ArticleClik here to view.
Penang’s property market finally cooling?
The property market in Penang is known as one of the most expensive in the country, with prices soaring over the years despite various cooling measures implemented by the authorities. Recently,...
View ArticleExclusive Update: Triuni Residences & Vilaris (Oct 2018)
Established in the year 1991, the Runnymede Group started with a humble collection of people driven by passion and the vision to be the best. Today, they have successfully established a solid ground...
View ArticleClik here to view.
Government to set up three categories of affordable houses
The government will incorporate three categories of affordable housing that will be constructed under the National Housing Policy, latest, by next month, says Housing and Local Government Minister...
View ArticleClik here to view.
Forget about 2018, developers more optimistic about 2019
Property developers are more optimistic about the Malaysia property market outlook in the coming year than the current second half of 2018. According to the latest Real Estate and Housing Developers’...
View ArticleClik here to view.
Cut prices please, Mr. Developer? Well…
By Charles Tan This is an interesting view from a property industry observer about the property prices here in Malaysia. The full article is in edgeprop.my (Titled: Developers must cut profits to lower...
View ArticleClik here to view.
Paya Terubong paired road will be delayed
Work on the RM545mil Jalan Bukit Kukus paired road project has hit a snag even before the construction mishap in Jalan Tun Sardon. The completion date on the project, an alternative road linking...
View ArticleClik here to view.
The Largest Eco-themed Township In Penang – Setia Fontaines
S P Setia, well-known for its signature eco-themed townships in the central region of Malaysia, has once again embarked on the next exciting chapter in their development plans by bringing their...
View ArticleClik here to view.
New Chinese school to be built in Batu Kawan
The federal government will build a new Sekolah Jenis Kebangsaan Cina or SJK(C) in Batu Kawan costing between RM8mil and RM10mil. Deputy Education Minister Teo Nie Ching said the school, to be built on...
View ArticleClik here to view.
Overwhelming response at Penang Property Convention
To bring an overwhelming crowd to attend a property event is usually the toughest task for any organizers. However, Penang Property Talk have recently made a breakthrough and had proven to live up to...
View ArticleClik here to view.
20 Most Active Projects in Penang (Q3 2018)
No doubt 2018 is a tough year in the property industry. Penang housing continues to experience high overhang and developers are cautious in launching new projects. However, for buyers who have cash on...
View ArticleClik here to view.
Maximum 40 years loan tenure for affordable home buyers
Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government...
View Article