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Property News

TM Residency

TM Residency

TM Residency is located along Jalan Dato Ismail Hashim within the established township of Relau, Penang. It comes with two layout types with build-up area ranging from 820 to 1240 sq.ft. Property Project : TM Residency Location : Relau, Penang Property Type : Condo/Apartment Tenure : Freehold Total Units : 80 ... Read More
Strata Title vs Individual Title

Strata Title vs Individual Title

In general, an individual title is for a property which has its own land and this usually means that the land itself is owned by the house owner. Strata titles are generally for properties in a multi-storey building or a gated community with a master title and this usually means ... Read More
Rate hike unlikely to impact on property market

Rate hike unlikely to impact on property market

PETALING JAYA: The property market will not be impacted by the recent increase in the overnight policy rate (OPR), said property consultants. Last Thursday, Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by one percentage point to ... Read More
Guidelines for private car parks

Guidelines for private car parks

THE Penang Municipal Council (MPPP) may introduce guidelines for private car park operators in the wake of the controversy surrounding the chaining up of car wheels for unauthorised parking.MPPP financial management sub-committee alternate chairman Tan Hun Wooi said they were studying the possibility of drafting the do?s and don?ts for ... Read More
Sunway Cassia

Sunway Cassia

Sunway Cassia, an intimate neighbourhood nicely tucked away in Batu Maung, close to the Second Penang Bridge. Sunway Cassia is a green haven, thoughtfully conceived to offer you a healthy and ecological setting to live and enjoy life. It's a holistic lifestyle perfect for your family. Other Phases: Sunway Cassia ... Read More
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Gulf Craft bullish on prospects in SE Asia

GEORGE TOWN: The Middle East luxury yacht builder Gulf Craft is looking at Southeast Asian markets - including Malaysia - as a source for increased revenue. The company's chief operating officer (COO) Erwin Bamps did not discount the possibility of considering Penang as a potential hub for a shipyard in ... Read More
Pearl Villas @ Pearl City

Pearl Villas @ Pearl City

Pearl Villas, an exclusive gated community is developing to be a growing township and a completely self-contained project which will be supported by well- planned infrastructures, comprehensive learning institutions from colleges to primary and secondary schools, supermarkets, shoplots and other essential community facilities. The project comprises 152 terrace houses, 164 ... Read More
Bank Negara raises key interest rate

Bank Negara raises key interest rate

PETALING JAYA: Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by 1 percentage point to 3%, a move that took most by surprise. The OPR, the benchmark interest rate commercial banks use to calculate their base lending rates ... Read More
Kept in the dark

Kept in the dark

A PKR assemblyman, who is in the dark about a major reclamation project in his constituency, has asked the state government to brief the relevant assemblymen on the matter.Sim Tze Tzin (PKR ? Pantai Jerejak) claimed that some 40.4ha in front of the Queensbay Mall coastline would be reclaimed by ... Read More
Mutiara Goodyear to develop 527-acre land in Penang with Tambun Indah

Mutiara Goodyear to develop 527-acre land in Penang with Tambun Indah

KUALA LUMPUR: Mutiara Goodyear Development Bhd (Mutiara) is partnering with Tambun Indah Land Bhd (Tambun Indah) to develop a 527-acre land in Seberang Perai. Mutiara via its wholly-owned subsidiary, Pembangunan Bandar Mutiara (PBM) has entered into a joint venture (JV) agreement with Tambun Indah on Wednesday, May 4. The JV ... Read More