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20% of PSR land set for affordable homes
The Penang government has agreed to reserve 20% of land from the proposed Penang South Reclamation (PSR) project for affordable homes, says state Local Government, Housing, Town and Country Planning...
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Iconic Vue is 98% sold and completing soon
During a recent visit to Iconic Vue affordable housing project, Jagdeep commended the developer, Iconic Group, for building the 100 percent Type C affordable homes, costing RM300,000 onwards for each...
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SITE PROGRESS: City of Dreams (Aug 2019)
About City of Dreams A freehold luxury lifestyle development at Seri Tanjung Pinang. The residential units come with size ranging from 1,000 sq.ft. onwards, with a well equipped kitchen accessories....
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Five rent-to-own projects in Penang for the needy
Penang’s rent-to-own (RTO) housing units that have been rolled out to assist the hardcore poor involve a total of five projects in the state so far. State Local Government, Housing, Town and Country...
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Short-term property rentals on the rise in Penang
The number of stratified residential properties offering short-term home-sharing or rentals seem to be rising in Penang even though the practice is deemed illegal by the Penang Island City Council...
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Owners of The Rise @ S.P Chelliah will receive their keys soon
A total of 2,093 buyers of The Rise affordable housing near S.P Chelliah Road here will soon receive their keys as final clean-up work is being carried out by the developer, Zubicon Sdn. Bhd. Housing,...
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UPCOMING: George Town / Pin Da Development
A newly proposed commercial development by Pin Da Development Sdn. Bhd. in the heart of George Town. It is strategically located along Jalan Anson, about 15 minutes walk from KOMTAR. The land parcel...
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Affordable Homes, Primary & Secondary Market Expo
Now that the HOC has received the nod to extend its campaign and seamless benefits until the end of December by many, make your way down to the Affordable Homes, Primary & Secondary Market at the...
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GBS@Mahsuri to replace BPO Prime
The Penang Development Corporation (PDC) has commenced the construction of a building to cater to the current demand for office and work spaces after the proposed RM1.3 billion Business Process...
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What is HOC?
The National Home Ownership Campaign (HOC) initiated by the government to promote home ownership in Malaysia. The campaign is expected to run until 31 December 2019. During this period, home buyers...
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No firm decision yet on public transport mode for PTMP
The Penang State Government is still looking at various options on the mode of public transport deemed the most suitable for the Penang Transport Master Plan (PTMP). Chief Minister Chow Kon Yeow...
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The Garden @ Island Resort
The Garden, the third and also the final phase of Island Resort development scheme by Ivory Properties Group at Batu Ferringhi. Strategically located along Jalan Batu Ferringhi, The Garden is just...
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UPCOMING: Butterworth / Fenley Development
A proposed commercial development by Fenley Development Sdn. Bhd. at Butterworth. Strategically located off the ever-bustling Jalan Raja Uda, right next to the exit from Butterworth Outer Ring Road...
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Penang may see more interest from Hong Kong investors
The current unrest and chaos in Hong Kong may create more business and property sale opportunities in Penang, says Chief Minister Chow Kon Yeow. He said Penang had always been a destination for...
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Bayan Lepas LRT Public Inspection
The Penang Transport Master Plan (PTMP) is a comprehensive five-in-one transport blueprint consisting of light rail transit (LRT)/monorail, ferries, taxis, buses and water taxis to meet Penang’s needs...
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Govt urged to extend home ownership incentives to secondary market
The Penang branch of the Malaysian Institute of Estate Agents (MIEA) has asked that the government extend the incentives under its Home Ownership Campaign (HOC) to encompass the secondary market. MIEA...
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BNM expands eligibility for RM1b affordable homes fund
Bank Negara Malaysia’s easing of eligibility requirements for its RM1 billion Fund for Affordable Homes should lead to at least a 20% increase in home loan approvals for first-time homebuyers, said...
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Soft Launching of Amansara South @ Setia Fontaines
S P Setia, the leading property developer in Malaysia, will once again be making a record-breaking success in the established neighbourhood of Kepala Batas with their mega international township...
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Penang ferry service upgrade to begin next year, catamarans will be introduced
For illustration only Transport Minister Anthony Loke today gave a commitment that the systems upgrade for the Penang ferry service, will begin next year. The upgrading project to be undertaken by...
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Sena Mas
Sena Mas, the very first affordable landed housing in Penang by PTL Properties Sdn. Bhd. It is located within Tasek Gelugor township, easily accessible via Jalan Tasek Gelugor. This development is...
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