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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
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TODAY'S MOST READ
RECENT COMMENTS
- Anyone has Twinstar Owner Group/Telegram/Whatsapp group ? ...KR on Twin Star
- @MajorArches Bay residence or Quaywest is well much better in maintaining with good security management....WC_ong on Tropicana Bay Residences @ Penang World City
- Well high density, useless JMB and Management Office, best go Q1,Q2,Q2 or The Pier much...MajorArches on Tropicana Bay Residences @ Penang World City
- Hi, I'm looking into buying a studio unit here..I went and see today and most...Cozy King on Sierra East Condo @ Bukit Jambul
- @Hemsley True, Pier and Zen/Zen6 all have unblocked waterfront view ...LL on The Pier
- @LL Ya, good news for those future waterfront owners. No eye see for those projects...Hemsley on The Pier
- @Max Parcel issue being stolen or mistaken are common in all condo. If you have...WC_ong on Tropicana Bay Residences @ Penang World City
- @Deen Yassin well said! ...LL on Tropicana Bay Residences @ Penang World City
- @WC_ong Thanks for the reply and info. Last time I heard there's issues about parcels...Max on Tropicana Bay Residences @ Penang World City
- Wondering if there is any buyer telegram group for this project? ...Evelyn on The Cube
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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