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Property News

Patriotism on display Revellers usher in National Day in style at Auto-City

Patriotism on display Revellers usher in National Day in style at Auto-City

BUKIT MERTAJAM: Thousands of people converged at the Auto-City in Juru here to usher in National Day.Merrymakers, shoppers and diners gathered at the venue as early as 7.30pm yesterday to be part of the celebration which was among the highlights ... Read More
Ready for flood response

Ready for flood response

PROPERTY developers with projects in Batu Maung, Penang, have expressed their commitment to help out during flood-related emergencies.Batu Maung assemblyman Abdul Malik Abul Kassim said they would work closely with all eight Com-munity Development and Security Committees (JKKKs) in the ... Read More
Good news for 320 families

Good news for 320 families

MORE than 320 families living on Kampung Cross Street in Bukit Mer-tajam are happy after the developer agreed to increase their compensation. The residents expressed their happiness when Chief Minister Lim Guan Eng conveyed the good news during a meeting ... Read More
Banking sector's loan growth to taper off: ECM

Banking sector's loan growth to taper off: ECM

The banking sector's loan growth is expected to taper off in the coming months following clear signs of a slowdown in momentum due to rising global uncertainties, says ECM Libra Investment Research.In an update on banking sector, ECM Libra said ... Read More
Sime buying 30pc of E&O for RM766m

Sime buying 30pc of E&O for RM766m

Sime Darby Bhd, a Malaysian palm oil company, is acquiring a 30 per cent “strategic” stake in Eastern and Oriental Bhd, at RM2.30 per share or RM766 million, according to a statement to the stock exchange.Business Times had earlier reported ... Read More
MP: Relocate golf course to make way for housing

MP: Relocate golf course to make way for housing

GEORGE TOWN: An independent MP has proposed that a golf course which sits on a state-owned land in Bukit Jambul here should be relocated so that the land can be used for a housing project.Bayan Baru MP Datuk Seri Zahrain ... Read More
BM Residence - Terrace & Semi-D

BM Residence – Terrace & Semi-D

This is part of BM Residence project by Tambun Indah in Bukit Mertajam. 2-storey Semi-detached Land area : 34' X 84' (standard lot) Built up area : 24' X 45' 11' backyard 4 + 1 bedrooms 3-storey Terrace  Land area ... Read More
Integrate traffic impact studies, says councillor

Integrate traffic impact studies, says councillor

PROPERTY developers should channel funds into a common pool for the Penang Municipal Council (MPPP) to appoint independent consultants for traffic impact studies.MPPP councillor Dr Lim Mah Hui said that the studies up to now have been quite ineffective because ... Read More
Flat residents fume over smoky issue

Flat residents fume over smoky issue

RESIDENTS of Desa Green flats in Penang are frustrated with a fellow resident who has installed a flue outside his unit, causing smoke to travel to the other units.Desa Green management committee chairman Krishnamoorthy Muthuveloo, who spoke on behalf of ... Read More
Sime Darby agrees to acquire 30pc of E&O

Sime Darby agrees to acquire 30pc of E&O

Kuala Lumpur: Conglomerate Sime Darby Bhd has agreed to buy 30 per cent of Eastern & Oriental Bhd (E&O), a developer with large projects on Penang island, sources said. Sime will buy the shares from two parties, believed to be ... Read More