Housing supply and demand – are we nearing equilibrium?
Is there any equilibrium point in housing market, considering the many factors influencing demand and supply? The main determinants of the demand for housing are demographic. Population size and population growth are the core demographic variables. However, family size, the age composition of the family, the number of children, net ... Read More
Ideas invited to make George Town vibrant
THE public can give their input on how to rejuvenate George Town in a survey to be carried out for the setting up of Asia's first Business Improvement Districts (BIDS). George Town Grants Programme director Dr Neil Khor (pic) said the George Town BIDS project was a public-private partnership where ... Read More
Malaysia property sector remains buoyant
HomeGuru.com.my country manager Steven Tan said there is a lot of interest among overseas investors to buy homes in Malaysia via the Malaysia My Second Home programme, especially in places like Sabah, Kuala Lumpur and Johor. “As for Penang, the trend is different as many locals are snapping up properties ... Read More
Mah Sing beats 2011 RM2b sales target
Mah Sing Group Bhd has surpassed its 2011 full year sales target of RM2 billion by achieving RM2.04 billion sales as at Nov 15, 2011.The property developer also has very strong earnings visibility with unbilled sales of RM2.14 billion as at Sept 30, 2011. "This is more than two times ... Read More
Timely traffic alleviation plan?
PETALING JAYA: Steeped in history, Penang is famous for its food and heritage. But if there’s one thing most Penangites want to address, that will surely be its maddening traffic snarls on its congested roads. George Town’s colonial narrow roads and single direction lanes are now unable to keep up ... Read More
Jazz-ing up the Penang hotel scene
GEORGE TOWN Penang is set to see the entry of yet another five-star resort to meet continued tourist demand. The RM100 million sea-fronting Jazz Hotel Penang will open its doors by 2015, its operators said. Full-service hotel management company Ri-Yaz Hotels and Resorts Sdn Bhd will manage the 226-room hotel, ... Read More
Foreigners interested in project
PENANG'S property offerings have a far-reaching appeal, as reflected by a group from France who visited the 1Tanjong luxury condominium project in Tanjung Bungah. The French Teochew delegation, numbering around a dozen people, were in town for the 16th International Teochew Convention at the Penang Teochew Association. They decided to ... Read More
Living trends showcased
VISITORS to the first ever Penimex Lifestyle Expo at the Penang International Sports Arena in Relau can check out various local and foreign products. The four-day exposition features fashion, food, living and travelling services at over 110 booths. Organising chairman Sam Yong Sum Chin said that the expo provided an ... Read More
Groups laud move to reduce household debt
KUALA LUMPUR: Banks and related industries backed the move by Bank Negara in pushing for responsible financing to enhance consumer protection and reduce household debt.“Banks will continue to engage closely with their customers by providing advice to ensure debt commitments are within their repayment capacities,” said Association of Banks Malaysia ... Read More
Bill to penalise errant builders tabled
KUALA LUMPUR: A Bill to make it a criminal offence for developers who fail to complete their projects has been tabled in Parliament for first reading. Under Clause 9 of the Housing Development (Control and Licensing) (Amendment) Bill, errant housing developers can be fined up to RM500,000, jailed up to ... Read More
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- Crazy, cut mountain again ...MajorArches on Iconic raises RM95.6mil through rights issue, plans for land purchase
- different is the bad location, spec lousier and higher density. two tower gimmick for sales...Lim on AFFORDABLE: Jelutong / Acara Prestasi Sdn. Bhd.
- I studied this before using google map. Full Penang bridge view depend on you are...Hemsley on Mezzo at The Light City – Luxurious seafront condo
- @ Jay, Many thanks for your advise. Will go to IJM office. Thanks ...kingkong on Mezzo at The Light City – Luxurious seafront condo
- @kingkong As i mentioned above, you can go IJM office to take a look their...Jay on Mezzo at The Light City – Luxurious seafront condo
- Hi All, Is the Tower B unit 1 to unit 4 facing sea view will...kingkong on Mezzo at The Light City – Luxurious seafront condo
- I would say that Mezzo got great potential for better rental yield. The rest very...Hemsley on Mezzo at The Light City – Luxurious seafront condo
- @huat Thanks again for your response. Excellent analyses. Yeah, I concur there’s not a single...Anon on Mezzo at The Light City – Luxurious seafront condo
- @Beng Thanks for the reply. Seems like they are targeting a niche market, and not...Anon on Mezzo at The Light City – Luxurious seafront condo
- @Anon Well, I personally believe higher yield cannot be attributed alone to cheaper purchase price,...huat on Mezzo at The Light City – Luxurious seafront condo
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