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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
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
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
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
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
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
Property downgrade
PETALING JAYA: UOB Kay Hian has downgraded the local property sector due to slower residential home sales, especially in the second half of the year, coupled with an anticipated tightening of property measures. The research house, which downgraded the sector from “overweight” to “market weight”, said in its latest note ... Read More
Property firm gets on board
PROPERTY developer Equine Capital Berhad is making its debut as a main sponsor for Penang Starwalk this year.The company is sponsoring RM25,000 for the Sept 18 walk.Its assistant general manager (sales and marketing) Josephine Lee said the company wanted to be part of the premier sporting event.?Starwalk promotes a healthy ... Read More
Free Private Community Blog For Your Property
Do you want a FREE private community blog for your own property? Please let us know which property are you interested in and we will consider creating a FREE private blog for any property which has more than 50 votes. This is to make sure there is sufficient demand before ... Read More
Penang catches attention of Klang Valley developers
CIMB Investment Bank Bhd research head Terence Wong said this is likely to happen over time. "This could be continuing but not in a short time. It could happen once in a year," he said. Investing in the property market in Penang is still a solid option."This is because property ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- Now this joker is building Twinstar. good luck to the buyers. ...Jeff on The H2O Condominium
- asked about the project already. lousy spec. ...Jeff on Twin Star
- @Chris Worse of all FTZ, only 2 exits. ...Islander on Penang unveils IC design park plan in Bayan Lepas
- when will it launch? or it already launch? got show room? where? ...Jeffrey on Twin Star
- All i can say is good luck to the traffic around FTZ Phase 4 ...Chris on Penang unveils IC design park plan in Bayan Lepas
- @millionaire I believe you don't get my meaning. The lobby is very much accessible to...Juf on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- same developer as H20 Condo. don't expect will appreciate ...Kris on Twin Star
- @Juf If outsider follow someone to enter Queens lift lobby just to enjoy free air...millionaire on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @H2O Only spacious & nothing is good & poor maintenance. That's why price is stagnant...Juf on The H2O Condominium
- One of the nice condos in Jelutong - spacious (big size), low density, windy, strategic...H2O on The H2O Condominium
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams