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Property News

Housing for average income earner

Housing for average income earner

REAL estate industry players are asking the authorities to step in to control the spike in housing. International Real Estate Federation (Fiabci) Malaysia president Yeow Thit Sang says it is time the authorities look into the matter.“Home prices have gone up so much that it has reached a ceiling to ... Read More
New lease of life for hilltop hotel

New lease of life for hilltop hotel

GEORGE TOWN: Developer Sri Nisuh Sdn Bhd has won the bid to develop one of the state’s oldest landmarks — the Crag Hotel atop Penang Hill.Crag Hotel was established in 1929 but has not been well maintained over the decades as a succession of management groups lacked the funds to ... Read More
An artistic impression of Anson Cube.

Anson Cube to launch soon

Singapore-based Azea Property Investment (API) is looking to launch its second project — a RM43 million condominium project dubbed Anson Cube — in Malaysia soon. In a press statement dated Wednesday, May 25, founder Tan Yang Po said the project is a joint venture (JV) with local partner Dot Greenland ... Read More
Saujana Permai

Saujana Permai

Saujana Permai, strategically located near the bustling Bukit Mertajam township and conveniently accessible via establised routes and the North-South Highway. Only 15 minutes to the Penang Bridge, the tastefully designed 2-Storey Semi-Detached homes are build on high ground about 10 feet above sea level. Project Name : Saujana Permai Location : ... Read More
Mah Sing earnings up on existing projects

Mah Sing earnings up on existing projects

PETALING JAYA: Mah Sing Group Bhd’s net profit jumped 47.6% to RM41.1mil for the first quarter ended March 31 due to progressive recognition of development revenue and contribution from its property projects in the Klang Valley, Penang and Johor Bahru.The company said in a statement yesterday that revenue for the ... Read More
Fajarbaru JV buying 44ha site in Balik Pulau

Fajarbaru JV buying 44ha site in Balik Pulau

Kuala Lumpur: A joint venture (JV) between Fajarbaru Builder Group Bhd and Sagajuta (Sabah) Sdn Bhd is on the verge of buying 44ha of land in Balik Pulau, Penang, via a private tender, people familiar with the matter said yesterday. At least two people with direct working knowledge of the ... Read More
VistaBay Semi-D

VistaBay Semi-D

VistaBay Semi-D is a new project by Reeki Group located along Jalan Telaga Air in Butterworth, Penang. It is strategically located with easy access to Penang Bridge and Butterworth outer ring road. Property Project : VistaBay Semi-Detached Location : Jalan Telaga Air, Butterworth Property Type : 2-sytorey Semi-Detached Built-up Area : ... Read More
JMB election meeting turns rowdy

JMB election meeting turns rowdy

GEORGE TOWN: A shouting match ensued among residents of Taman Sri Idaman Block B during an annual general meeting which was held to elect new joint management body (JMB) members. Both rival groups argued over the eligibility of certain residents who wanted to either vote or nominate themselves as candidates ... Read More
Mutiara Residence @ Balik Pulau

Mutiara Residence @ Balik Pulau

Mutiara Residence, strategically located within the established township of Balik Pulau, Penang. The project comprises 24 units of 2-storey terrace and 2 units of 2-storey bungalow houses. Property Project : Mutiara Residence @ Balik Pulau Location : Balik Pulau, Penang Property Type : 2-storey terrace & bungalow Land Area: 22′ ... Read More
Villa Pondok Upeh

Villa Pondok Upeh

Villa Pondok Upeh, strategically located along Jalan Pondok Upeh within the established township of Balik Pulau, Penang. This project comprises 28 units of bungalow houses with 4 different types of layout. Property Project : Villa Pondok Upeh Location : Balik Pulau, Penang Property Type : 2-storey Bungalow Land Area: 5,800 ... Read More