Penang Property Talk
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PenangPropertyTalk.com is a site aiming to provide quality, accurate and update-to-date information to anyone who are keen on property news and new launches in Penang. As the name of our domain name suggests, we are determine to provide you a space to discuss anything about Penang properties.
Penang Property Talk
1h ago
The National House Buyers Association (HBA) has voiced strong opposition to the proposed reintroduction of an inheritance tax in Malaysia’s 2025 Budget. The tax is one of several measures being considered to broaden the country’s tax base and increase government revenue. However, HBA secretary-general Datuk Chang Kim Loong argues that such a tax penalises years ..read more
Penang Property Talk
17h ago
A proposed review of the National Housing Policy will make home ownership more affordable while increasing disposable income, says Datuk Seri Dr Ahmad Zahid Hamidi. The Deputy Prime Minister said the review may be necessary because of the increase in household debt to gross domestic product (GDP) ratio from 67.2% in 2002 to 81.2% in ..read more
Penang Property Talk
2d ago
Penang’s Light Rail Transport (LRT) dream will begin to take shape in December with a groundbreaking event, with the first station to be built in Lebuh Macallum. Transport Minister Anthony Loke is said to have approved a date to get the 29km Mutiara Line landmark project off the ground. The alignment starts from Penang Sentral ..read more
Penang Property Talk
2d ago
Real estate developer Ideal Property Group has launched the next phase of its industrial project “Ideal Business Hub“, which has a gross development value (GDV) of RM260mil, in Bertam Penang. Ideal Business Hub is an exciting new light industrial park situated in the North Seberang Perai District (SPU). This 28-acres freehold development offers a total ..read more
Penang Property Talk
3d ago
Malaysia’s property sector saw over RM100 billion in sales in the first half of 2024, exceeding the government’s full-year target. Housing and Local Government Development Minister Nga Kor Ming announced that the National Property Information Centre (NAPIC) recorded RM100.5 billion in sales from January to June. If the trend continues, the government expects to reach ..read more
Penang Property Talk
3d ago
Ideal Business Hub, the latest industrial development located within Penang Technology Park @ Bertam. Spanning 28 acres of freehold land, this project features 88 light industrial factories, offering a mix of bungalow (6 units), semi-detached (42 units), and cluster factories (40 units). Situated in the well-established township of Bertam, this development caters to businesses looking ..read more
Penang Property Talk
4d ago
High-end property prices in Penang rose by 7% to 10% in 2024 from a year ago, reflecting the steady demand among locals and foreigners. One Asia Property Consultants (Pg) Sdn Bhd executive director Chandra Mohan Krishnan said prices had increased in Bayan Baru, Pulau Tikus and Seri Tanjung Pinang as buyers went for properties priced ..read more
Penang Property Talk
6d ago
PR1MA, the affordable housing agency under the Ministry of Housing and Local Government (KPKT), has successfully completed Ideal Residency (Residensi Bukit Gelugor) ahead of its original timeline. Initially projected for completion in August 2025, the project, consisting of 1,218 units, is now fully completed, marking a significant milestone as PR1MA’s largest development in Penang. In ..read more
Penang Property Talk
6d ago
About Sactuary Suria The 6th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Located along Lorong Santuari 25 & 27, adjacent to Sanctuary Court. It is only a short drive to an abundance of amenities namely AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development features 20 units of 2-storey ..read more
Penang Property Talk
1w ago
STARK Tower is a 34-storey building featuring 618 luxurious suites and 26 commercial units, the development looks set to be the latest landmark for The Light Waterfront Penang in Gelugor. Situated on a 2.3 acres (0.93ha) site alongside Lin Xiang Xiong Art Gallery, the freehold project by Stark Development Sdn Bhd will have a comprehensive ..read more