“We also expect more foreign companies to set up base here. Our Islamic banking is No. 1 in the world (so) all this will attract foreigners to come into Malaysia,” Lim said, adding that this would also contribute towards pushing up prices of properties in Malaysia. He said rising oil ... Read More

More than 160,000 condominium homes in the Klang Valley and Penang will finally experience high definition Astro channels by the end of this year - a service they were deprived of since Astro launched its Astro B.yond decoders in December 2009. Under a package called Astro B.yond IPTV (internet protocol ... Read More

The Asia Pacific Property Awards 2011 in association with Bloomberg Television have just been judged and Mah Sing Group has been informed that it is amongst the winning companies.Successful entrants have been invited to attend a high profile gala presentation dinner at the Longemont Hotel Shanghai on May 31. Mah ... Read More

THE Penang Government is getting fewer complaints from developers since the implementation of new housing guidelines for the island in the second half of last year.State Local Government and Traffic Management Committee chairman Chow Kon Yeow said the number of visits made by developers to see him about complaints had ... Read More

Last November, Bank Negara introduced a macroprudential measure to curb speculation in the property market. Buyers of third and subsequent properties were required to pay a minimum downpayment of 30% of the purchase price.Four months into that ruling, Bank Negara’s monthly statistical bulletin showed that for four consecutive months since ... Read More

First time home buyers who are daunted by soaring prices of residential properties in the Klang Valley should not wait in the hope of a softening in the property market.Prospective new home buyers may want to take note of rising construction costs that are driving up property prices, as well ... Read More

Relaxing bath: Models posing in a whirlpool tub by Modern Depot, which features a touch screen control panel and underwater lighting. THOUSANDS of homeowners journeyed through a wonderland of great designs, fresh ideas and innovative concepts at Homedec 2011, which kicked off yesterday at the Penang International Sports Arena (PISA) ... Read More

GEORGE TOWN: The proposed Greater Penang Transformation Programme (GPTP), which is likely to include parts of Kedah and Perak, may study how to improve the agriculture supply chain and logistic efficiencies, among others. Under the 10th Malaysia Plan, Greater Penang has already been earmarked to benefit from a total investment ... Read More

Aerial view of Seri Tanjung Pinang phase one, showing Straits Quay festive retail mall.The upcoming Quayside Seafront Condominiums is superimposed on this actual site photo. PETALING JAYA: Eastern & Oriental Bhd (E&O) is targeting to commence reclamation work next year for 740 acres of land in Tanjong Tokong in the ... Read More

GEORGE TOWN: The RM2.94bil in gross sales value (GSV) of housing projects to be launched this year is expected to generate about RM3bil worth of jobs for the construction and renovation industries in Penang.Penang Master Builders and Building Materials Dealers Association (PMBBMDA) deputy president Lim Kai Seng told StarBiz that ... Read More