Clik here to view.
Challenging times in Johor and Penang
The slowdown in the current property sector has seen transactions, be it primary or secondary, winding down within the Klang Valley this year. Unfortunately, the situation in other prime markets, such...
View ArticleClik here to view.
Hua Yang To Acquire G Land Development from GSD
A project previously known as The Presidence at Jalan Baru. Picture is for illustration only. Property developer Hua Yang Bhd is proposing a mixed development with an estimated gross development value...
View ArticleClik here to view.
Penang Transport Master Plan welcomed, with caveats
Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project. They were, however, also concerned about the impact it...
View ArticleClik here to view.
Penang to declassify reclamation agreements on Wednesday
The state has no problems making public the concessionaire and land reclamation agreements, said Chief Minister Lim Guan Eng. “A state executive council meeting will be held on Wednesday to declassify...
View ArticleClik here to view.
Tambun Indah gets nod for new property launches
After numerous delays, Tambun Indah Land Bhd (Tambun Indah) finally received its Advertising Permit and Developer Licence (APDL) last week from the urban wellbeing, housing and local government...
View ArticleClik here to view.
New ‘room to let’ scam
There appears to be a new scam in town and it is targeting people who are looking to rent a place. A nurse who wishes to be known only as Charmaine was almost conned by a “Mr Sim” and his wife “Madam...
View ArticleClik here to view.
AFFORDABLE: Sungai Ara / Potential Dual Sdn. Bhd.
A newly proposed affordable housing development by Potential Dual Sdn. Bhd. at Sungai Ara, Penang. It is strategically located along Changkat Sungai Ara 19, next to Siara 81. It’s only a stone’s throw...
View ArticleClik here to view.
Ideal United Bintang plans to stick to affordable housing in next two years
Penang-based property player Ideal United Bintang Bhd (IUBB) plans to stick to affordable housing projects in the next two years, given the slowdown in the economy and property sector in the country....
View ArticleClik here to view.
1,000 acres of land to be reclaimed in southern Penang is for industrial use
Some 1,000 acres of the land on the two islands that will be reclaimed to the south of Penang island as part of the state government’s land swap deal with SRS Consortium for the Penang Transport Master...
View ArticleClik here to view.
Sunway Property Penang To Host Garden Fest at Sunway Wellesley
Sunway Property Penang will be organizing a Garden Fest on December 12, 2015, from 5pm to 9pm at its Sunway Wellesley Show Village in Bukit Mertajam. The Garden Fest aims to offer a nature-rich,...
View ArticleClik here to view.
Cars are more expensive than houses?
In about 3 weeks’ time, we will be celebrating the New Year. Each New Year comes with new resolutions and new goals. Some would plan to own big ticket items such as a house or a car as part of their...
View ArticleClik here to view.
500 fishermen rally over land reclamation plan
More than 500 fishermen today rallied against the proposal to reclaim land off the Permatang Damar Laut coast for the RM27 billion Penang Transport Master Plan (PTMP) project. Spokesman Nazri Ahmad,...
View ArticleClik here to view.
Be one of the “Fortuna” Premium Tower
Rare and precious like the four-leaf clover revered as a symbol of good luck by many cultures around the world, its iconic architecture and layout is designed to bring residents all the privileges of...
View ArticleClik here to view.
Financial expert: Tougher to get housing loans as bank funds dry up
Malaysians are finding it increasingly harder to get housing loans as banks have less money available to lend out, financial expert Gary Chua said today. Chua, who heads financial education firm Smart...
View ArticleClik here to view.
S P Setia to see RM399m sales from its Penang projects in FY16
S P Setia Bhd’s Penang property sales are expected to contribute RM399 million to the company’s group revenue for the financial year ending Dec 31, 2016 (FY16). “This is in line with Penang’s annual...
View ArticleClik here to view.
LRT and highway lines for transport master plan approved
The Penang executive council today gave the green light to Penang Transport Master Plan (PTMP) project delivery partner SRS Consortium Sdn Bhd for the railway and highway schemes that include a rail...
View ArticleClik here to view.
LRT to connect Penang island and mainland
LRT across the sea to mainland in the works There are plans for a fourth link between Penang island and the mainland – a light rail transit (LRT) track across the sea. The proposed link will have the...
View ArticleClik here to view.
The Tamarind Tower B 60% taken up
Tower B of The Tamarind executive apartments by Eastern & Oriental Bhd (E&O) has received an encouraging response from buyers with 60% of the units having been taken up within two weeks of its...
View ArticleClik here to view.
More details about LRT routes, especially in mainland
More rail access for Penang The planned light rail transit (LRT) linking the island and the mainland will be connected to two other train services planned for the state. This proposed fourth link...
View ArticleClik here to view.
Transport masterplan to ease traffic congestion in Penang
Two man-made islands, located near Permatang Damar Laut, spanning 930ha and 445ha- as a source of funding. The business community in Penang hopes the ambitious RM27bil Penang Transport Master Plan...
View Article