Penang Property Talk
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AFFORDABLE: Bukit Mertajam / MHL Development Sdn. Bhd.
Newly proposed affordable housing development by MHL Development Sdn. Bhd. at Bukit Mertajam. Located off Jalan Indah 5 in Taman Bukit Indah, adjacent to The Retreat Condominium…
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SITE PROGRESS: Lucerne Residences (July 2022)
New project under construction near Bayan Lepas...
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First-time homebuyers to get stamp duty exemption
First-time homebuyers will get a stamp duty exemption on the instrument of transfer and loan agreement under the Keluarga Malaysia Home Ownership Initiative (i-MILIKI), says Datuk Seri Ismail Sabri Yaakob…[READ MORE]
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Stamp duty waiver to have minimal impact on overall property market
The research house said ongoing market headwinds such as rising inflationary pressure and weakening of the ringgit continue to dampen market sentiment. Coupled with expectations of higher interest rates ahead, potential homebuyers may defer their purchase of big-ticket items over the next six months…[READ MORE]
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Bayan Lepas LRT project has entered pre-qualification stage
The Penang government has initiated the pre-qualification process for the Bayan Lepas Light Rail Transit’s Request for Proposal exercise…[READ MORE]
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Penang listed among Top 10 islands in Southeast Asia 2022
Penang and Langkawi have earned the Top 10 spot in the first ever Asia’s Best Awards 2022 – Top 10 islands in Southeast Asia for 2022…[READ MORE]
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SITE PROGRESS: Green City Residence (July 2022)
Luxury residences development in the heart of George Town...
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The last 4 units of ‘sea-facing’ bungalows in Gurney Drive sold for over RM20mil
The bungalows are the “last stretch” of old properties along Gurney Drive, which has been named in international publications as one of the best places to check out for culinary delights…[READ MORE]
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UPCOMING: Pulau Tikus / Primary Spectra Development SB.
A new proposed luxury residential development within the upscale neighborhood of Pulau Tikis. Undertaken by Primary Spectra Development Sdn. Bhd., the proposed project will be located along Lebuhraya Codrington (Codrington Ave), opposite the junction of Jalan Yeoh Guan Seok…
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Mak Mandin Indah apartment is now 64% completed
According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh, the Affordable Housing Project (RMM) in Mak Mandin is now at 64 percent and on track to complete by end of 2023…[READ MORE]
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IHG to debut Crowne Plaza as the flagship hotel for Straits City in Penang
IHG Hotels & Resorts announced yesterday it is partnering with STC Property Management Sdn Bhd, the developer of Penang’s Straits City, to bring the Crowne Plaza brand to Butterworth…[READ MORE]
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Short-term rental guidelines is expected to come into effect in January 2023
The Penang State Government introduced short-term rental guidelines for highrise and landed houses which is expected to be enforced from January next year….[READ MORE]
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M Summit 191 received two Malaysia Book of Records (MBR) awards today
M Summit 191 Executive Hotel Suites, which will be rebranded as The Granite Luxury Hotel on Aug 1, achieved a rare distinction when it…[READ MORE]
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Affordable housing project at Permatang Pasir broke ground yesterday
Folk living in the central Seberang Perai district, specifically in Permatang Pasir, will soon have the chance to apply for their desired affordable housing units courtesy of the Penang government…[READ MORE]
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Affordable housing @ Permatang Pauh
An affordable housing development by Spirit of Perai Sdn. Bhd. at Permatang Pasir near Permatang Pauh. It is located about 5km away from North-South Expressway – Sungai Dua interchange, about 10 minutes drive to Seberang Jaya town centre…
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20 Most Active Projects in Penang (Jan – July 2022)
According to our web traffic analytics, our website has recorded a total of over 2 million pageviews in the first 7 months of 2022, an increase of approximately 18% from 1.69 million in the same period a year ago…[READ MORE]
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Penang Affordable Housing Expo coming soon
The Penang Affordable Housing Expo is returning this year and it will be held at Lower Ground, Prangin Mall from Sept 30 to Oct 2…[READ MORE]
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Proposal to build workers’ quarters in Penang Tech Park shelved
The proposal to build a centralised workers’ quarters (CLQ) at the industrial area in Penang Technology Park in Bertam, Kepala Batas has been cancelled…[READ MORE]
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SITE PROGRESS: Terraces Condominium (Aug 2022)
Highrise project by IJM. Under construction near Bukit Jambul...
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