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Sierra Residences

Sierra Residences, an all-in-one integrated lifestyle development located along Jalan Fettes within the thriving township of Sungai Ara, Penang. A masterplanned community featuring medium and high-end condominiums and a vibrant commercial pocket in a tranquil riverside setting. Project Name : Sierra Residences Location : Sungai Ara, Penang Property Type : Condominium Built-up Area : 900 ... Read More
Ardmore Residence

Ardmore Residence

Expect nothing less than the best at Ardmore Residence. This exclusive gated neighbourhood located in the rapidly developing Jelutong area, offers an exciting world of leisure to residents. Discerning homes with generous built-up areas, together with a premier private clubhouse, are part of the luxurious living experiences to be enjoyed ... Read More
The Gates

The Gates

Located in the industrial hub of Batu Maung, The Gates offers 20 units of light industrial factories. These semi-d and detached structures are cleverly designed with seamless space and multiple functions. Integrated within a prime booming town of developments and industrial business, The Gates is already securing its place for ... Read More
The Manor

The Manor

At the Manor, it's all about indulgence first. Designed with the modern family in mind, this masterpiece is another addition of manors along prestigious Codrington Avenue - one of Penang's most prominent and affluent estates. This architectural marvel combines style and function, along with intelligent features of today's contemporary lifestyle ... Read More
Rising household debt

Rising household debt

DEBT can be a double-edged sword. It’s useful for taking advantage of opportunities quickly and it can smoothen things out when people are in a pinch. Do that too often and eventually the borrowed money will end up being more a liability than a benefit. There is no difference between ... Read More
A new horizon beckons for E&O

A new horizon beckons for E&O

Eastern & Oriental Bhd (E&O) is embarking on a new chapter with the entry of Sime Darby Bhd as the single largest shareholder of the company. What will happen next and how will the momentum that has led to the growth of E&O be following a big change in ownership? ... Read More
Glut dampens market value and rental of condos

Glut dampens market value and rental of condos

SINCE the high-end condominium market took a beating following the global financial crisis in 2008, their values have been left pretty much battered even today. Investors who got into the market around the peak must still be quite disheartened by the market’s lethargy. The big supply coming onstream has also ... Read More
Foreign giants keen on RM8bil Penang infrastructure jobs

Foreign giants keen on RM8bil Penang infrastructure jobs

GEORGE TOWN: Several foreign giants apart from China’s Beijing Urban Construction Group (BUCG), namely Citic Group of China, South Korea’s SK Group, as well as couple of Japanese conglomerates and one Singapore company have expressed interest to bid for some RM8bil worth of infrastructure jobs in Penang. Penang Chief Minister ... Read More
More stringent rules for property sector

More stringent rules for property sector

SUBANG JAYA: The Housing and Local Government Ministry hopes to table the amendments made to the Housing Development Act 1966 before the year-end in a bid to further regulate the property industry and safeguard the interest of house buyers. “We want to introduce more stringent rules to reduce the rate ... Read More
Property prices on Penang more resilient, says expert

Property prices on Penang more resilient, says expert

GEORGE TOWN: A leading property expert said he does not expect property prices in Penang to see a major correction if there is a global downturn because the prices have not escalated as much as in other markets.Another reason is that demand far outstrips supply, said CB Richard Ellis (CBRE) ... Read More