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Married couples with joint income below RM3,500 are eligible

MARRIED couples in Penang will have the opportunity to purchase their first home at RM67,500 in Paya Terubong. State Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said that buyers who fulfilled the criteria would be eligible to buy the low medium-cost Suria Vista apartments. “Interested ... Read More

New township geared for middle and high income group

THE Pearl City new township project in Simpang Ampat is the pride of Tambun Indah Land Bhd, boasting of a mixed development that would cater to the future needs of the population in mainland Penang.The project consists of Pearl Garden, with 152 double-storey terrace units and 164 semi-detached double-storey units, ... Read More

E&O plans 4 new Quayside condo blocks

KUALA LUMPUR: Property developer Eastern & Oriental Bhd (E&O) expects to launch four new blocks at its Quayside Seafront Resort and Condominiums project in Penang this year. Its deputy managing director Eric Chan said the company was optimistic about the project. "So far, out of the total seven condominium blocks ... Read More

Ivory confirms bid for Bayan Mutiara project

"I can confirm that we have submitted a bid by responding to the Penang government's request for proposal to develop the land and are now awaiting word from the state authorities," the company's deputy chairman and executive director Datuk Seri Nazir Ariff Mushir Ariff told Business Times after Ivory Properties' ... Read More

Penang all out to attract more long-term foreign visitors

THE Malaysia My Second Home (MM2H) programme is set to get a push from the Penang Govern-ment.State Tourism Development and Culture Committee chairman Danny Law said a committee would be formed to promote the programme, adding that the state was hoping to get more foreigners to come to Malaysia, especially ... Read More

House scheme to go nationwide

GEORGE TOWN: Deputy Prime Minister Tan Sri Muhyiddin Yassin said the affordable quality housing programme for urban centres that was launched under a public-private partnership initiative, previously limited to the Klang Valley, would now be extended to the entire country. Muhyiddin said Prime Minister Datuk Seri Najib Tun Razak gave the nod ... Read More

Anson Cube

Anson Cube, a new commercial development by AZEA Property Investment (API), a Singapore-based company, and its local partner Dot Greenland Sdn Bhd. It is strategically located along Jalan Anson within UNESCO World Heritage Site in George Town. This project comprises 1 block of 5-storey retail lots and offices. * This ... Read More

SP Setia seen hitting RM3bil

KUALA LUMPUR: Shares of SP Setia Bhd, the largest property stock on Bursa Malaysia, rose 5 sen to RM4.15 after meeting earnings expectation for the half way mark of its financial year with analysts confident the company would be able to meet its full year sales target of RM3bil.Sales for ... Read More

High-end complex coming to town

AZEA Property Investment (API), a Singapore-based company, and its local partner Dot Greenland Sdn Bhd, are investing RM43mil to build a commercial complex.API chief executive officer Tan Yang Po said the 28,000sq ft complex called Anson Cube would be located on Anson Road in Penang.She added that it was destined ... Read More

Pearl Square @ Pearl City

Pearl Square 1 & 2, an upcoming commercial development by Tambun Indah. Strategically located in a self contained township, about 5 minutes from North South Expressway and 15 minutes to Penang bridge. Property Project : Pearl Square 1 & 2 @ Pearl City Location : Simpang Ampat, Penang Property Type ... Read More