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Delay in Penang Sentral project worries state govt

Delay in Penang Sentral project worries state govt

THE state government is concerned over the lack of progress at the RM2.7bil Penang Sentral project in Bagan Dalam, Butterworth. Deputy Chief Minister I Datuk Mansor Othman said the project was launched by former Prime Minister Tun Abdullah Ahmad Badawi in July 2007 and the first phase was supposed to ... Read More
Seri Jaya Condominium

Seri Jaya Condominium

Seri Jaya Condominium, a 20-storey high rise residential development strategically located in the heart of Bukit Mertajam, Penang. Designed with spacious balconies and large windows, allowing you to enjoy the natural sceneries and breathtaking views. It comes with full condo facilities which includes swimming pool, children's pool, jacuzzi, BBQ area, children's playground, ... Read More
BNM seeking inputs on property gains tax

BNM seeking inputs on property gains tax

Petaling Jaya: Bank Negara Malaysia had consulted property developers, seeking their inputs on increasing the real property gains tax (RPGT) to curb speculation, people familiar with the matter said yesterday. Such a move, if announced in the upcoming Budget 2012, will be the second time the central bank will have ... Read More
Further foreign equity selling to put pressure on property stocks

Further foreign equity selling to put pressure on property stocks

PETALING JAYA: Property stocks face pressure in the coming months with foreign shareholders expected to pare down their stakes on concerns over the weakening ringgit and less bullish housing sales next year due owing to an anticipated global economic slowdown. RHB Research has downgraded the property sector to “underweight” from ... Read More
The Curve Condominium

The Curve Condominium

The Curve, condo by the bridge. Located just next to The View Condominium with unobstructed view of the sea and the Penang bridge. This residential scheme comprises two 31-storey condominium blocks with a total of 296 units. * THIS PROJECT HAS ALREADY BEEN CANCELLED * Project Name : The Curve Condominium ... Read More
House prices to rise, costlier materials blamed

House prices to rise, costlier materials blamed

KUALA LUMPUR: Property developers will be forced to raise prices of residential properties by as much as 20 per cent due to rising cost of building materials The Real Estate and Housing Developers' Association Malaysia (Rehda), however, does not think this will lead to a property glut. "In Malaysia, there are ... Read More
Rehda: More     developers  will     invest  overseas

Rehda: More developers will invest overseas

KUALA LUMPUR: More Malaysian developers are expected to invest abroad to diversify their source of earnings and avoid tough industry rules at home. "Increasing affluence would accelerate these outward investments," The Real Estate and Housing Developers' Association Malaysia (Rehda) president Datuk Seri Michael Yam Kong Choy said after Rehda's first ... Read More
SA65 - Taman Perdana

SA65 – Taman Perdana

SA65 signifies the 65 acres utilised in the development of this residential enclave within Simpang Ampat which is oriented towards the experience of ideal home living. The specially designed features of SA65 fulfills the true needs of every home. The emphasis is on what contributes towards making a residence what ... Read More
Broad range of property for different lifestyles

Broad range of property for different lifestyles

GEORGE TOWN: Prospective home owners and investors made a beeline for SP Setia Bhd Group's 'Setia 4U Showcase' featuring a vast range of its impressive developments at the Gurney Plaza here. It comprised both existing and upcoming projects in the northern, central and southern regions of the country, as well ... Read More
Option to pay instead of build LMC, low-costs may not apply

Option to pay instead of build LMC, low-costs may not apply

THE state government may reject applications by housing developers to pay premium in the event they could not build low medium-cost (LMC) and low-cost (LC) units. State Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said the state might reject such applications if they were to ... Read More