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Penang properties the most expensive
PRICES of properties on Penang island are the most expensive in Malaysia. Socio-Economic and Environmental Research Institute (SERI) senior fellow Dr Michael Lim Mah Hui said the average house price last year was RM540,000 or eight times the average household income. In comparison, the average house price in Kuala Lumpur ... Read More
Penang houses are just ‘not affordable’ CAP describes prices for homes as exorbitant
THE average price of a house on Penang Island in 2009 was RM550,000 — the highest in the country and RM160,000 more than the average price of a house in Kuala Lumpur.State government think tank, Socio-Economic and Environ-mental Research Institute (Seri), said the price was eight times the average household ... Read More
New builder for major project
High-end property scheme in Batu Ferringhi to be rebranded
GEORGE TOWN: Mah Sing Group Bhd will apply for approval to take over the planning permission for the Tropika Ferringhi project given to the previous land owner.Mah Sing said in a statement that on 22 November, the group had acquired a piece of freehold land in Batu Ferringhi which had ... Read More
Sathu Terraces @ One Residence
Sathu Terraces embrace the contemporary tropical style which is full of warm, serene vitality. Simple yet elegant, the minimalist concept is clearly showcased in the clean, neat lines being both modern and spacious. It features a car porch that is spacious enough to park two cars. With a roofed balcony ... Read More
E&O's unbilled property sales soar to RM605m
EASTERN & Oriental Bhd (E&O) (3417) says its unbilled property sales as at September 30 have surpassed peak levels recorded in the year ended March 2008. E&O, listed on Bursa Malaysia's main board, locked in unbilled property sales of RM604.8 million during the period compared to RM203.7 million registered as ... Read More
MRCB to go big in the property sector
PETALING JAYA: After nearly 30 years, Malaysian Resources Corp Bhd (MRCB) is poised to join the “premier league” of the property development sector via its proposed merger with IJM Land Bhd.The company started in 1969, under the name Perak Carbide Sdn Bhd, with its core activity of carbide manufacturing. In ... Read More
RM8bil spill-over effects from RM2.7bil Penang Sentral
GEORGE TOWN: The RM2.7bil Penang Sentral project in Butterworth is expected to generate economic spill-over effects of about RM8bil when the entire project is completed 10 years from now.Malaysian Resources Corp Bhd (MRCB) executive director Datuk Ahmad Zaki Zahid said at a press conference that work on the first phase, ... Read More
IJM Land, MRCB propose merger
THE entity that will emerge from the proposed merger between IJM Land Bhd and Malaysian Resources Corp Bhd (MRCB) will be a mega property owner and developer with an implied market value of RM7 billion.IJM Land chairman, Datuk Krishnan Tan Boon Seng, said the entity was also expected to expand ... Read More
Mah Sing to embark on RM800m resort-style project in Batu Feringghi, Penang
KUALA LUMPUR: Mah Sing Group Bhd will undertake a gated-and-guarded resort-style development in Batu Feringghi, Penang, with a gross development value (GDV) of about RM800 million, it said in a statement on Tuesday, Nov 23.The project - Ferringhi Residence@Penang - will be developed on a 61.03-acre freehold tract to be ... Read More
AHB sells Penang land parcels for RM145m
KUALA LUMPUR: Atlan Holdings Bhd (AHB) has proposed to sell seven land parcels in Penang for RM145 million cash, resulting in a net gain on disposal of RM80 million or 33 sen per share for the financial year ending Feb 29, 2012, it announced to Bursa Malaysia on Friday, Nov ... Read More
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- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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- Affordable Housing (Penang Island)
- Butterworth Arena
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- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
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- Gurney Wharf
- IKEA Batu Kawan
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
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- Penang Arts District
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- Penang Medical & Digital Technology Hub
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