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SP Setia gets nod to build extra units on Penang Island projects
SP Setia will develop the Penang People's Park project on the grounds of the Penang International Sports Arena (Pisa). Pisa is an indoor sports arena close to the Penang International Airport. GEORGE TOWN: The Penang government has set a precedent for housing developers in the state by allowing SP Setia Bhd ... Read More
Bank Negara move can affect housing demand
GEORGE TOWN: Slower affordable property launches and less demand for such properties are some of the consequences of the proposed move by Bank Negara to assess housing loans on net income rather than on gross income. Registered and chartered valuer C.A. Lim & Co proprietor Lim Chien Aun told StarBiz ... Read More
PLB acquires half share in two pieces of land in Penang
KUALA LUMPUR: PLB Engineering Bhd's wholly-owned subsidiary, PLB Land Sdn Bhd, is acquiring half share over two pieces ofland in Teluk Ketumbar, Penang, from Puan Che Siah Ibrahim, for RM4.2 million.The purchase of the land measuring 17,681.4712 square meters and 5,916.5035 square meters, respectively, would be financed via internally generated ... Read More
Property players concerned over new housing loan criteria proposal
KUALA LUMPUR: A proposal to change the way housing loans are approved has property consultants and analysts worried as they felt loans given based on net income as opposed to gross income would dampen demand for housing. Some banks, however, don’t have an issue with the proposed changes as one ... Read More
Depleting landbank may prompt BRDB to sell assets
Kuala Lumpur: Bandar Raya Developments Bhd (BRDB) may sell its prime assets to buy more land in the Klang Valley, Penang and Johor as its current landbank is depleting, analysts said. It may agree on a price of RM1.2 billion, which is about 27 per cent more than their book ... Read More
E&O deal hogs limelight
The pundits have it. For the last month or so, the rumour mill was working overtime around Eastern & Oriental Bhd (E&O), the luxury lifestyle property developer, that a merger or acquisition was in the works. First came the persistent speculation that SP Setia Bhd would merge with E&O, which ... Read More
Property loans to keep lead
PETALING JAYA: Analysts expect property loans to maintain their position as a key growth driver of credit expansion with some estimating them to grow between 10% and 12% this year due to the low interest rate environment and ample liquidity in the banking system. While holding to this view, some ... Read More
Exhibition with the best deals in decor and electrical items
VISITORS to the Perfect Livin ’11 Home & Lifestyle Exhibition at the Penang International Sports Arena (PISA) can expect good deals and discounts on a wide range of home decor and home living products. The one-stop solution, held until tomorrow, from 11am to 9pm, features more than 400 booths offering ... Read More
Bandar Raya: Tie-up with MPHB opens new avenues
KUALA LUMPUR: Bandar Raya Developments Bhd (BRDB) says its joint venture with Multi-Purpose Holdings Bhd (MPHB) will open new avenues for the company for land development. BRDB is seeking opportunities to diversify its development portfolio to grow itself, said its chief marketing officer K.C. Chong. In April, BRDB's wholly-owned units, ... Read More
The Wave @ Setia Pearl Island
( This project is now known as Setia Sky 8 @ Setia Pearl Island ) The Wave, an upcoming condominium development at Setia Peral Island. This new development comprises 3 blocks with unit size ranging from 1,100 square feet to 2,000 square feet with full condo’s facilities. Property Project : The Wave @ Setia Pearl ... Read More
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- So anyone who wants to hang out at the road side or a public area...Betul on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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- @Betul I was doing something productive that you don't need to know. Are you one...Oh nice on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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- @Nancy Mine is 2 cp seaview RM650k. Are you interested? I will contact you if...Jes on Affordable Housing @ The Zen
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- GBS @ The Waterfront
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- Gurney Wharf
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
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- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
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- Penang Sentral
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