fbpx

Property News

Pearl Square @ Pearl City

Pearl Square @ Pearl City

Pearl Square 1 & 2, an upcoming commercial development by Tambun Indah. Strategically located in a self contained township, about 5 minutes from North South Expressway and 15 minutes to Penang bridge. Property Project : Pearl Square 1 & 2 @ Pearl City Location : Simpang Ampat, Penang Property Type ... Read More
Mutiara to launch RM1.3b projects

Mutiara to launch RM1.3b projects

Property developer Mutiara Goodyear Development Bhd expects to launch several mixed development projects amounting to RM1.3 billion in gross development value (GDV) this year, said its executive chairman, Hamidon Abdullah. Among the upcoming launches are Nadayu 28 Sunway, Nadayu 290 Penang and Nadayu Cyberjaya, Hamidon told reporters after the company's ... Read More
Be prepared to pay more for security enhanced property, say developers

Be prepared to pay more for security enhanced property, say developers

Housing developers say property owners should be prepared to pay more for the enhanced security measures to be incorporated in building designs. Real Estate and Housing Developers' Association (Rehda) president Datuk Seri Michael Yam said such measures like safer walkways came with a price. “Would the market be willing to pay ... Read More
CM: Low-cost housing units exclusive only to Penangites

CM: Low-cost housing units exclusive only to Penangites

Only Penang voters will be allowed to buy units at a huge low- and medium-cost and affordable housing project to be built by the Penang Development Corporation (PDC). The corporation has allocated a 60.7ha site in Batu Kawan on the mainland for the project, which will comprise high-rise units. Chief Minister Lim Guan ... Read More
Stronger sales boost SP Setia's    first-half net profit  to RM154m

Stronger sales boost SP Setia's first-half net profit to RM154m

In the course of the higher profit, SP Setia continued to set new sales benchmarks, with second-quarter sales of RM671 million were 12 per cent more than the previous record set in the second quarter of 2010. The cumulative six-month sales of RM1.41 billion, meanwhile, was 17 per cent higher ... Read More
Stricter criteria for housing developers

Stricter criteria for housing developers

The requirements to become a housing developer and to get the permit for a housing project will be tightened to ensure only qualified companies are given the approval to develop housing projects. Housing and Local Government Minister Datuk Chor Chee Heung said the tighter requirements were among the amendments to the ... Read More
Penang Government told to offer cheaper houses

Penang Government told to offer cheaper houses

GEORGE TOWN: A Malay-based non-governmental organisation wants the state government to come up with more affordable housing schemes on the island for the community here. Penang Malay Congress president Rahmad Isahak said the state government’s plan to develop the island into an international-class one, was commendable but it would undeniably ... Read More
Quartermile

Quartermile

Quartermile is an commercial development by PDC Properties located in Bayan Baru, Penang. Property Project : Quartermile Location : Bayan Baru, Penang Property Type : Commercial Total Units : 15 Developer : PDC Properties Sdn. Bhd ... Read More
Permatang Sanctuary

Permatang Sanctuary

Spread over 100 acres of sprawling land, set amidst Permatang Tinggi, the landscape of this district will never be the same again with the development of Permatang Sanctuary, featuring "Eco Living" - Adding life, health and fun to ordinary lifestyle. This guarded residential property development comprises 188 units 2-storey semi-detached, ... Read More
Penang land duel

Penang land duel

Business Times has learnt that SP Setia Bhd and Ivory Properties Group Bhd are the companies that have responded to Penang state government's tender to develop the Bayan Mutiara land. The tender is part of the state government's efforts to raise funds. Sources said of the two companies, Ivory Properties ... Read More