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Overhang residential units in Penang up by 44%

Malaysia is entering 2019 with unsold completed residential units rising to 30,115 units as at Sept 30, 2018, an increase of 48.35% from the 20,304 units a year ago. According to the Valuation and...

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MARC Residences and Service Apartment

Jayamas Property Group continues to pledge on making quality property development via their tagline of aspiration “Your Home, Our Pride”. Their latest addition of MARC Residences proven to be a...

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Imperial Ville

Imperial Ville, yet another development by Ideal Property Group at Sungai Ara. Located along Lintang Sungai Ara 10, surrounded by Imperial Residence, One Imperial, Idaman Lavendar 2 & 3, Idaman...

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Type of High Rise Residential Properties

by Anders Ong There are so much confusion among people for categorizing the type of high rise properties. Most people cannot differentiate between flat and apartment or apartment and condominium....

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Stamp duty exemption for first-time house buyers from 1 January 2019

The increase of one per cent in stamp duty for the instrument of transfer for property exceeding RM1 million to RM 2.5 million is now effective July 1, 2019. In a statement today, the Finance Ministry...

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10 Most Active Penang Housing Projects in 2018

For those who have missed some of the most popular housing projects in 2018, do not be despaired. Here are the 10 most active projects for you. 8 out of 10 in the list are affordable housing projects,...

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10 Most Read Penang Development Stories in 2018

As we welcome 2019, here is a chance to make sure you are updated on the most read Penang development stories in Penang Property Talk over the past 12 months. Penang’s major highway project approved by...

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Priority is to transform Penang into a smart city

The priority for this year will be to transform Penang into a smart city which is in line with Penang 2030 ‘A Family-Focused Green and Smart State’. State Housing, Town, Country Planning and Local...

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Maldives Residences

Approximate location Maldives Residences, yet another upcoming serviced residence development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 1, easily accessible...

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Penang Bicycle Master Plan

The Penang government together with the Penang Island City Council (MBPP) are working towards making Penang a cycling haven for cyclists. Riding on the concept of green connectivity, the state and the...

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One million affordable houses to be built in 10 years

The Housing and Local Government Ministry plans to build one million units of affordable homes within the next 10 years to enable more people, especially the low income earners, to be house owners....

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Penang Residential Property Guide

Aerial view of Seri Tanjung Pinang By Timothy Tye Penang Residential Property Guide provides you with an overview of the residential property landscape of Penang. For a more in-depth understanding, I...

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Penang Sky Cab alignment may be revised

The alignment of the proposed Penang Sky Cab cable car project, which will link Seberang Prai to the island, may see some changes. Chief Minister Chow Kon Yeow said the initial alignment from Penang...

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The Light City development to start work in Q3

IJM Land Bhd will be building The Light City, a RM4bil integrated mixed-development scheme, in the third quarter of this year. The project comprises a 1.1 million sq ft retail mall, two international...

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BOTANICA.CT Reshaping the Future of Balik Pulau

MTT Properties & Development Sdn Bhd is commencing the construction of its latest commercial development, Botanica CT Centre (BCC), in Balik Pulau. This new commercial development in Botanica.CT...

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Affordable housing project in Batu Maung next year

Proposed concept by SMU Kobay Penangites will enjoy affordable homes in Batu Maung, near here, when the project slated to begin as early as next year, says Housing and Local Government Minister Zuraida...

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Muze @ PICC

Muze, the first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the...

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What is acceptable rental yield?

By Edward Tagnipis One of the key factors to consider when choosing property as an investment is the rental yield. Most times properties are bought on bank loans and the rental yield will determine if...

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National Home Ownership Campaign begins in March, offering at least 10% off

The National Home Ownership Campaign, which was revived in Budget 2019 to tackle the high number of unsold homes in the country, will begin March 1 and feature some 30,115 completed homes, according...

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Penang govt awaits explanation from developer on the lighting issue

The Penang government is still awaiting a report from the state secretary’s office over the lighting issue at an apartment building in Jelutong which allegedly portrayed the image of a “cross”. Chief...

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