News & Articles
Duplicates of Southgate on drawing board
KUALA LUMPUR: Property developer Mah Sing Group Bhd is confident that the recently completed Southgate project in Sungei Besi here will be a success and the group plans to replicate the model elsewhere. Mah Sing Properties Sdn Bhd chief operating officer Andy Chua feels that there are at least two ... Read More
Property bubble burst unlikely in Malaysia
A property bubble burst is unlikely to happen in the Asia Pacific, including Malaysia, as there are no signs to indicate such a trend in the next two years, says AmInvestment Bank Group. Director for Retail Funds Ng Chze How said real estate investment trusts (REITS) would also not experience ... Read More
Seri Anggun
Seri Anggun is a residential development located near to Penang Pesta site, within Sungai Nibong, Penang. This development comprises 33 units 2-storey terrace houses, 12 commercial units and 2 blocks of apartment buildings. Strategically located with easy access to Bayan Lepas FIZ and a mere minutes drive to Penang bridge ... Read More
Sensible move for SP Setia
Therefore, it makes sense for the likes of SP Setia Bhd to eye a stake in such companies as landbank in Penang is depleting and buying the plots there is not easy and cheap, they added. "Having a stake in companies such as Eastern and Oriental Bhd (E&O) will directly ... Read More
Ivory Properties gives Starwalk a historic feel
IVORY Properties Group Bhd has chipped in to become the venue sponsor for the Penang Starwalk which will have a new route this year. The walk will be flagged off from Birch House which is the company?s office located next to the Penang Times Square which is developed by Ivory ... Read More
Upcoming low-cost flats
SOME 90 low-cost units costing RM35,000 each will be built in Permatang Damar Laut in Batu Maung, Penang, this year. Batu Maung assemblyman Abdul Malik Kassim, who is also a state exco member, said the units would have a built-up area of 700sq ft. Without naming the developer, he said ... Read More
Taman Jelutong Indah – Phase 2
Taman Jelutong Indah Phase 2 is located along Tun Dr. Lim Chong Eu Expressway, within the established township of Jelutong, Penang. Property Project : Taman Jelutong Indah Phase 2 Location : Jelutong, Penang Property Type : Apartment Tenure : Leasehold Built-up Area: 900 sq.ft. Total Units : 382 Developer : ... Read More
Condos, hotel coming up in Butterworth
THE developer of Harbour Place, a new township pro-ject in Butterworth, has launched the fourth phase of its trendy condominiums known as ‘Wellesley Residences.’ The project undertaken by PJD Eastern Land Sdn Bhd is located on a 12.1ha site in the heart of town. Currently, the township has three existing ... Read More
Property hotspot in Penang
Business Times has learnt that CP Land Sdn Bhd, the property arm of the CP Group, has disposed of 40 hectares of land it owns in the Queensbay area at Bayan Lepas to a Penang-based property player. Sources said the land was sold at RM420 per sq foot (psf) to ... Read More
Hua Yang eyes land in Sabah, Penang
KUALA LUMPUR: Having established a foothold in four states in Peninsular Malaysia, mid-sized property developer Hua Yang Bhd is on the lookout for land in Sabah and Penang to cement its position as a nationwide affordable home builder. Chief financial officer May Chan said Hua Yang was actively looking for ... Read More
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