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Will slowdown make houses more affordable?
The extraordinary boom in the property market in Malaysia is ending but high house prices and the middle-class obsession with home ownership are likely to persist for a long time to come. Data from the...
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More than 607ha of sea land off Permatang Damar Laut, Penang, identified for...
Southern part of Penang Island More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap...
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Mah Sing set to launch projects worth RM1.2bil in 2016
Property developer Mah Sing Group Bhd is set to launch over RM1.2bil worth of projects in Penang next year. Mah Sing (North) senior general manager Daniel Law Wei Keong said the upcoming launches...
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APDL for Affordable Housing Projects in Penang
APDL (Advertising Permit & Development License) approval has been a hot topic in Penang’s housing industry over the last couple of months. The delay in approval not only is a challenge for...
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Penang sets up committee for housing scheme redevelopment, upgrading
The Penang government has set up a new Urban Regeneration Committee to look into the redevelopment and upgrading of old housing schemes, says state housing exco Jagdeep Singh Deo (DAP-Datuk Keramat)....
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Tri Pinnacle show unit with IKEA furnishing is now open!
The first privately initiated Affordable Home Project by Aspen Group in collaboration with the Penang State Government, Tri Pinnacle, has opened its show unit on 21 November. Eligible buyers as well as...
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Penang set to embark on urban regeneration projects, call for proposals soon
The Penang state Urban Regeneration Committee will hold its first meeting at the Penang Development Corporation on December 7, says its chairman Jagdeep Singh Deo, reports The Malaysian Insider. The...
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Casa Utopia
Casa Utopia, the second phase of residential development by Streamville Sdn. Bhd. in Sungai Dua, Butterworth. It is strategically located next to Taman Cassa Maya, only a short drive from Sungai Due...
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Ivory targets completion of Penang Times Square by 2020
Ivory Properties Group Bhd hopes to complete all the five phases of Penang Times Square by 2020. COO Goh Chin Heng said the group is waiting for approval to start phases four and five by year-end. “We...
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Strong support for LRT
A recent survey shows Penangites are calling for the government to implement the Bayan Lepas to George Town LRT in the soonest possible time frame to provide respite from the worsening traffic...
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Home appreciation dropped by half since 2012
The annual rate of appreciation for homes has dropped from 12.2% in the fourth quarter of 2012 to 5.9% in the second quarter of 2015, said Datuk Abdul Rahman Dahlan. The Urban Wellbeing, Housing and...
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UPCOMING: Butterworth / Nova Success Development Sdn. Bhd.
A newly proposed mixed development by Nova Success Development Sdn. Bhd. at Butterworth, Penang. It is located next to Jalan Bagan Dalam exit from Butterworth Outter Right Road (BORR), only a mere...
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Penang Global City Centre – A project that ended in a whimper
When the Penang Global City Centre (PGCC) was launched in 2007, it was touted as a major game changer to Penang. But it ended in a whimper partly because of its sheer scale which was not feasible. The...
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Reclaimed land to fund project in Penang
The RM27bil Penang Transport Master Plan (PTMP) might be funded through the auction of two plots of reclaimed land in the southern coast of Penang island. SRS Consortium, the appointed Project Delivery...
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Top 8 Property News Portal in Malaysia
Today we are looking at a comparison of 20 property news portals in Malaysia with SimilarWeb.com’s web traffic analytic and it is plausible to conclude that PenangPropertyTalk.com has accomplished a...
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Reclaiming two islands to cost RM8b
Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.1ha) and...
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Penang Pan Island Link Highway
PIL highway poses no environmental impact Upon completion, the proposed Pan Island Link (PIL) highway will be able to share the heavy traffic load of the Tun Dr Lim Chong Eu Expressway (LCE), while the...
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LRT construction to start in 2018, ready by 2024
Construction work on the Penang light railway transit (LRT) project, which is part of the first phase of the island’s Transport Master Plan (TMP), will start in 2018. According to SRS Consortium Sdn...
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Low-income residents want LRT and PIL
Residents who are fed up with traffic congestion on the island want the proposed Bayan Lepas Light Rail Transit (LRT) and the Pan Island Link (PIL) highway to be implemented as soon as possible to ease...
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Affordable housing open to all in Penang
The Penang government has relaxed the ownership eligibility for affordable housing in the state. State Housing Committee chairman Jagdeep Singh said 30% of the units in an all-affordable housing...
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