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Property News

Property transactions may hit RM100bil

Property transactions may hit RM100bil

KUALA LUMPUR: A total of 342,179 property transactions worth RM96.77bil were recorded between January and November last year, which means the full year’s transactions could reach the RM100bil mark, said Knight Frank Malaysia managing director Eric Ooi. Ooi was commenting on figures provided by the Valuation & Property Services Department ... Read More
TILB focuses on mainland Penang projects

TILB focuses on mainland Penang projects

KUALA LUMPUR: Newly-listed Tambun Indah Land Bhd (TILB) expects to complete the first of its seven ongoing property projects on mainland Penang in the first quarter of this year.The company will complete the second phase of its RM79mil Juru Heights bungalow project by March, according to managing director Teh Kiak ... Read More
Bolton eyeing 44ha site in Penang

Bolton eyeing 44ha site in Penang

PROPERTY developer Bolton Bhd (1538)is looking to expand its landbank in Penang with a potential acquisition in Teluk Kumbar this year. Bolton executive chairman Datuk Azman Yahya yesterday said it was hopeful to conclude the proposed acquisition of the 44ha site within two to three months. The land on the ... Read More
Jetson acquires three tracts in Penang for RM14m

Jetson acquires three tracts in Penang for RM14m

KUALA LUMPUR: Kumpulan Jetson Bhd, through its 51%-owned subsidiary Jetson Development Sdn Bhd, has acquired three tracts in Penang from Malaysia Building Society Bhd for RM14 million, according to its statement on Bursa on Jan 18. The three separate tracts - measuring 21,671 sq ft, 23,277 sq ft and 3,346 ... Read More
SP Setia wins Penang convention centre deal

SP Setia wins Penang convention centre deal

Last Thursday, Business Times reported that the property developer was the front runner and on the verge of winning the job. Securing the project should bode well for SP Setia, which posted sales of RM1.74 billion and a net profit of RM251.81 million in the year ended October 31 2010 ... Read More
RM300mil sPICE Centre for Penang

RM300mil sPICE Centre for Penang

GEORGE TOWN: The controversial Penang International Convention Centre (PICC) in Relau which has undergone a name change will become the first subterranean convention centre in Malaysia. Chief Minister Lim Guan Eng said the PICC which would now be called the Sub-terranean Penang International Convention and Exhibition (sPICE) Centre would be ... Read More
SP Setia leads race for PICC deal

SP Setia leads race for PICC deal

Sources say SP Setia is likely to get a 30-year concession to build and operate the Penang International Convention Centre Property developer SP Setia Bhd. has emerged as the leading contender to build the Penang International Convention Centre (PICC) on the grounds of the Penang International Sports Arena (Pisa). According to ... Read More
APLand -- From textiles to properties and plantations

APLand — From textiles to properties and plantations

ASIA Pacific Land Bhd (AP Land) (1716), founded in 1961, was initially involved in textile business, operating under the name of Min Ngai Knitting Factory (Malaya) Sdn Bhd. It was listed on the Kuala Lumpur Stock Exchange and the Singapore Stock Exchange in 1969. In 1990, it was delisted in ... Read More
South Homes

South Homes

South Homes is nested in the ultimate location for getting to any destination efficiently, near or far! It boasts a short drive to major international travelling gateways such as the airport and Penang Bridge. Location : Bayan Lepas, Penang Property Type : Shop-office, Terrace, Semi-Detached Tenure : Freehold Developer : ... Read More
Ivory to offer seaview villas in Batu Ferringhi

Ivory to offer seaview villas in Batu Ferringhi

The project which carries a gross development value of RM27 million will comprise only 11 units of the resort-style development which is located within a hillside setting with an ocean view. The company's deputy chairman and executive director Datuk Seri Nazir Ariff Mushir Ariff said Ivory Properties will also unveil ... Read More