News & Articles

UEM Land looks to expand land-bank in other locations
PETALING JAYA: After posting a stellar set of results, UEM Land Holdings Bhd is on the prowl again to expand its land-bank in other locations and diversify geographically in Malaysia and also regionally.“Our business development division has been very busy with regional expansion, and we like what we see in ... Read More

Major shareholder injects land-bank, property into Dijaya
PETALING JAYA: Dijaya Corp Bhd’s majority shareholder, Danny Tan Chee Sing is injecting his personal assets into flagship property company, Dijaya, to enlarge the size of the company and unlock further value for shareholders, said sources close to the company.These personal assets are currently privately held by Tan and consists ... Read More

Bank Negara’s lending guideline is a blessing in disguise
Environmentalists and green champions must be applauding the lower number of cars that have been sold since Bank Negara’s latest directive to banks to disburse the quantum of household loan based on a borrower’s net income instead of gross income.Since Jan 1, banks have to use net income instead of ... Read More

Moderately-priced houses in trend
The trend of developing residential properties priced between RM200,000 and RM400,000 is picking up in Penang, a state where property prices are second highest in the country after Kuala Lumpur.Tambun Indah Land Bhd, PLB Engineering Bhd, Ideal Property Development Sdn Bhd, and Belleview Group are some of the Penang-based developers ... Read More

Penang plans to develop 'drain mapping system' to mitigate flood
GEORGE TOWN (Mar 1): The Penang Government planned to develop a "drain mapping system" to enable the mitigation and detection of flood-prone areas in the island, said state executive councillor Law Choo Kiang.He said the state government had instructed the public works department, irrigation and drainage department and the Penang ... Read More

Sea-facing sanctuary
THE luxurious Andaman sea-facing condominiums at Tanjung Seri Pinang in Tanjung Tokong, Penang, have now been launched. Built by Eastern & Oriental Berhad (E&O), a premier lifestyle property developer listed on Bursa Malaysia Main Board, the Quayside project is touted to be the finest on Penang island. It is sited ... Read More

Right on track
BOLTON Berhad’s second tower block of the Surin condominium project is on schedule to be completed by the first quarter of 2013. Group executive director Chan Wing Kwong said about 60% of the block comprising 192 units had been completed. He said: “The buyers of the Surin are mainly locals ... Read More

Mah Sing notches RM2.26b property sales for last year
KUALA LUMPUR: Lifestyle developer Mah Sing Group Bhd has reported a RM168.6 million net profit on the back of RM1.6 billion revenue for its financial year 2011. This represents 43 per cent and 41 per cent increases respectively against the net profit and revenue achieved in 2010. Property development projects ... Read More

Developer reveals upcoming project complete with park
PLB Engineering Berhad is launching, via its subsidiary PLB Land Sdn Berhad, a RM270mil mixed-development project on a 20.2ha site in Balik Pulau, Penang. It is called Prestige III Central Park City and the project will commence in the second quarter of 2012. Group executive chairman Datuk Ong Choo Hoon (pic) told ... Read More

SME centre set for good start
Applications are coming in for the RM40mil Penang SME Centre which is scheduled to open in June this year. It has received enough to cover about 100,000sq ft of the floor area of the 166,874sq ft building. Penang SME Centre management council chairman Datuk Seri Kelvin Kiew said about 10 ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- What is this parcel rent and from where does any one find out more information...Xulih on Unpaid parcel rent could cost owners their homes
- @Ivan best choice ever ...LL on Triuni Residences
- @CS No. I sold my unit & moved to Zen6 already. ...Ivan on Triuni Residences
- The discussion of this property is quiet after now. Any owner here please comment life...Ellen on Southbay Plaza
- @Ivan Do you get any Whatapps group for Triuni Tower C? ...CS on Triuni Residences
- Good evening, All! Can anyone please advise the current status of the Urban Renewal (PSB)...DAVID CHAN CHIN CHYE on Penang delivers on housing promise with latest RMKu handovers
- Pity to Breeza owners... with this new condo, left right all block. ...thomas on Eight & Eight Condominium
- How to apply affordable housing and what is the criteria? Kindly help to let me...Thomas on Suria 2
- Nice project ...VH on Taman Seri Valdor
- Where is KDU University College’s new campus being developed? ...Sains Data on University Metropolis @ Batu Kawan
SHOW MORE COMMENTS
Latest Property News
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