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Property to remain buoyant in 2011
The property market in Malaysia is expected to remain buoyant next year, seeing a moderate uptrend in prices, in line with economic growth and growing interest among foreigners.Speakers at a press conference on the Fourth Malaysian Property Summit 2011 here today said, no property bubble is expected in the foreseeable ... Read More
Penang property a goldmine
Property in Penang will continue to remain a favourite choice among investors as it is expected to show returns that are above the national average.Henry Butcher Malaysia (Penang) Sdn Bhd director Dr Jason Teoh said property investment was generally perceived to have a longer term horizon as it was not ... Read More
BNM may increase interest rates in 2011
A rise in consumer price index (CPI) may impel Bank Negara Malaysia (BNM) to resume increasing interest rates, by 25 basis points each in the second and third quarter of 2011, respectively.The central bank, however, is expected to keep its monetary policy on hold in the first quarter of 2011 ... Read More
No woes from 5/95 home loans foreseen
PETALING JAYA: As the timeframe for repayment of homes purchased under the 5/95 home loan scheme draws near, all eyes will be on the ability of buyers to repay their loans amid forecasts of a slowing economy next year.A banking industry source estimated that 20% to 30% had started repayment ... Read More
Tree Residency @ One Residence
“Less is more” is the design philosophy of notable architect Ludwig Mies van de Rohe. With the Tree Residency, the values of minimalism are fully exuded, conveying a sense of harmony that comes from simplicity. The minimalism in Tree Residency, however, is not one of emptiness, but one that is ... Read More
Dua Villas @ One Residence
Dua Villas is a blend of Chinese chic and contemporary design that combines the best of both elements. With Dua Villas, the architects have put together a home that is balanced, harmonious and ecological. Element that are often neglected in today’s busy lifestyle. It features a glass canopy which enables ... Read More
Penang should allow more reclamation to address land shortage
GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.Penang Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said with land ... Read More
Hunza braces for transformation
THE completion of a lifestyle shopping mall along with an office tower by 2012 is set to transform Hunza Properties Bhd (HPB) (5018) from a property developer to that of a real estate landlord. The Penang-based company, which is due to announce two new anchor tenants for its Gurney Paragon ... Read More
Rehda: High cost of land reason for steep house prices in Penang
GEORGE TOWN: The Real Estate and Housing Developers' Association (Rehda) of Penang is claiming that the high cost of land is the main reason for houses being sold at high prices in the state.Chairman Datuk Jerry Chan Fook Sing said the high cost of land was also the reason for ... Read More
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
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- @Zyn zack You might check and walk in to them or check with the developer...MajorArches on 270 families received offer letters for affordable home at Foreshore Apartment in George Town
- want to ask anyone letting go unit #8? pls let me know. whichever floor is...Debbie on The Cube
- @MajorArches Hi, I'm also got this offer in lpnpp but not yet receive the offer...Zyn zack on 270 families received offer letters for affordable home at Foreshore Apartment in George Town
- hi may i know the main contractor of this place ? ...iyya on Twin Star
- @Islander I agree with you, but really those developers need to think on the facilities...MajorArches on 270 families received offer letters for affordable home at Foreshore Apartment in George Town
- @Islander The moment you say “Location means almost nothing in Penang” already show, whatever you...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- owners of below demolished Mutiara Rini (382 units) + Mutiara Ria (384 units) will be...Ashraf on Affordable housing @ Jelutong (formerly known as Mutiara Rini & Mutiara Ria)
- murahnye ...Minion on Cassia Cempaka – Phase 2 (Open for Registration)
- The Greater Penang 2030 ...Minion on Advancing Penang2030: Progress and vision for a sustainable future
- How is current progress? Everything going on smoothly? ...NT on Mertajam Heights
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- Affordable Housing (Penang Island)
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