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New residential property prices to go up 13%

New residential property prices to go up 13%

KUALA LUMPUR: The average prices of newly developed residential property this year is expected to grow by 13% against last year in line with the increase in raw materials cost, according to a survey by Real Estate & Housing Developers’ Association Malaysia (Rehda).The survey showed that the average terrace house ... Read More
Malaysia likely to leave rates unchanged

Malaysia likely to leave rates unchanged

BANK Negara Malaysia is widely expected to leave borrowing costs unchanged but economists said it may carry out other measures to let some hot air out of the financial system and deal with rising prices of consumer goods and services. The monetary policy committee will make a decision on the ... Read More
The Golden Triangle

The Golden Triangle

The Golden Triangle is strategically positioned in the middle of three essential locations - Sungai Ara, a bustling residential hub, Relau,  which is a natural green lung and Bayan Lepas, Penang’s vibrant international free-trade zone. Another distinctive advantage that the Golden Triangle enjoys is the vastness of green surroundings as ... Read More
PM: Housing prices still manageable

PM: Housing prices still manageable

KUALA LUMPUR: The rise in residential property prices is still manageable and measures such as the My First Home Scheme will allow those in the lower-income brackets to own homes.Prime Minister Datuk Seri Najib Tun Razak said at a press briefing yesterday, following the annual meeting with Bank Negara governor ... Read More
Scheme launched for young adults to get 100% financing for new home

Scheme launched for young adults to get 100% financing for new home

KUALA LUMPUR: Young working adults can now buy themselves a new home without having to pay a sen in down payment.Those earning less than RM3,000 a month can obtain up to 100% financing to buy their first home under a new scheme launched yesterday.The My First Home Scheme, launched by ... Read More
Howling mongrel in high-rise apartment irks residents

Howling mongrel in high-rise apartment irks residents

The Society for the Prevention of Cruelty to Animals (SPCA) has urged residents of high-rise units in Penang not to leave their pets unattended in their premises.Penang SPCA administrator Lily Leng said pets should also not be kept in balconies as the animals are not fully protected from the rain ... Read More
JB, Penang and KL will be star performers

JB, Penang and KL will be star performers

The Lunar Year of the Wood Rabbit will bring good fortune to Johor Baru, Penang and Kuala Lumpur, according to feng shui readings by Joe Choo, president of the Malaysian Institute of Sciences (MINGS). Peninsular Malaysia is divided into four elements according to the four points on a compass - ... Read More
Residential property prices likely to stay flat

Residential property prices likely to stay flat

PETALING JAYA: Property prices of the local residential sub-sector are expected to be flat in the next few months as fears of rising oil prices due to the political unrest in the Middle East may damper investor and buyer confidence. Khong & Jaafar Sdn Bhd managing director Elvin Fernandez said ... Read More
Setia Greens

Setia Greens

Setia Greens is the latest residential property development by SP Setia located at Sungai Ara, Penang. The project sited on 29-acres of freehold land in Changkat Sungai Ara, comprises terrace house, semi-detached house and a block of condominium. Phase 1 consists of 149 terraced houses and 18 semi-detached houses. Setia ... Read More
New development planned for Jelutong

New development planned for Jelutong

THE thriving Penang property market has gotten off to a robust start this year with a new development planned for Jelutong. Tambun Indah Land Berhad has proposed to acquire the entire equity of Premcourt Development Sdn Bhd, and will undertake a mixed strata development project in the area through Premcourt ... Read More