A Look into Villas and Water Villas — Tranquil Vistas of Pure Bliss

When we think of Villas and water villas, what comes to our minds? Is it a place of rest and relaxation? Could it even be somewhere you go just to take in the aesthetics? Whatever your reason is, there's no denying that they are visually striking especially set against the backdrop of beautifully elevated environments. …

28 December 20210

Market Insights News & Event

Penang Home Market to Recover in 2022: Juwai IQI

PETALING JAYA: According to new insights released today by real estate technology group Juwai IQI, the Penang housing market will recover in 2022. Residential real estate in Penang is expected to bounce back faster than any other state in Malaysia, with the exception of Johor in 2022. Says Juwai IQI co-founder and group CEO Kashif…

1 October 20210

News & Event

Penang announces cheaper homes, drops price for foreign buyers

The Penang government is bringing down prices of affordable homes between RM15,000 and RM35,000, while easing the pricing rules on foreigners wishing to own properties in the state, as it seeks to revive the real estate sector affected by the Covid-19 pandemic. “We are targeting to sell 180,000 units by 2030 while ensuring there is…

12 June 20200

News & Event

The year 2020 will be a challenging time for Penang

Penang , which recorded RM13.3bil in approved manufacturing investment up to September last year, is expecting a much more challenging year for 2020. Datuk Seri Lee Kah Choon, who is the special investment adviser to the Chief Minister, said investments could dip this year due to fierce competition from ASEAN countries which had introduced various…

8 January 20200

Market Insights News & Event

Transport Ministry approves Bayan Lepas LRT Project

The Transport Ministry has granted approval for the proposed Bayan Lepas Light Rail Transit scheme in Penang. However, according to Anthony Loke Siew Fook, the approval came with 30 conditions which needed to be fulfilled before the project can proceed. The project is subjected to conditions under Section 83 and 84 of the Land Public…

19 July 20190

Market Insights

Best Places to Invest in Property in Penang

Malaysia is a country filled with investment opportunities, especially in the real estate sector. One of the many states in Malaysia which offers tremendous such opportunities, as well as a superb quality of life, is Penang. The state of Penang is divided into two halves, separated by a narrow channel of water: The mainland Seberang Perai…

14 January 20190