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Property News

Good demand for Penang property<br />Developers share their thoughts on current and future market trends

Good demand for Penang property
Developers share their thoughts on current and future market trends

The Star regional operations manager (north) Chung Chok Yin and Henry Butcher Malaysia (Penang) Sdn Bhd director Dr Teoh Poh Huat met up with developers at the Star Northern Hub in Bayan Lepas to ascertain the impact of a slower GDP forecast for 2011, rising interest rates, and escalating property ... Read More
Oasis of elegant homes in Gelugor Project being built with a range of luxury facilities

Oasis of elegant homes in Gelugor Project being built with a range of luxury facilities

The Oasis project under Nusmetro Venture (P) Sdn Bhd, comprising three residential blocks situated on Jalan Kaki Bukit in Gelugor, promises to be ‘different’ from other projects in Penang.Nusmetro Venture senior manager Lee Phoy Yeong said the company wanted its customers to feel special as soon as they enter their ... Read More
Pearl Indah @ Pearl City

Pearl Indah @ Pearl City

Pearl Indah, the latest addition to Pearl City by Tambun Indah. This new development is located at self-contained township with good Feng Shui and supported by well-planned infrastructure. It comes 4 spacious bedrooms, wet & dry kitchen, spacious balcony & backyard. Property Project : Pearl Indah 1 & 2 Location ... Read More
E&O to sell Penang property

E&O to sell Penang property

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) has proposed to dispose of a property on Penang Island that will result in a gain of RM66.26 million for the group.In an announcement to Bursa Malaysia on Monday, the group said its indirect wholly-owned subsidiary E&O-Pie Sdn Bhd had entered into a ... Read More
Ivory lands Bayan Mutiara

Ivory lands Bayan Mutiara

George Town: Ivory Properties Group Bhd is believed to have won the right to develop over 40ha of land at Bayan Mutiara on Penang Island. Business Times has learnt that the decision to award the tender to Ivory was made during Penang Development Corporation's board meeting which ended late yesterday ... Read More
E&O advances on RM134m land sale

E&O advances on RM134m land sale

Eastern and Oriental Bhd, a Malaysian property group, rose the most in almost two weeks in Kuala Lumpur trading after agreeing to sell a piece of land and building in Penang state for RM134 million.The stock advanced 1.3 per cent to RM1.54 at 9:19 a.m. local time, bound for the ... Read More
Nature at your doorstep

Nature at your doorstep

BUYERS looking to invest in homes where they can be closer to nature should look into Sunway Cassia located in Batu Maung, Penang, which is built with the green concept in mind. True to its theme, the developers of Sunway Cassia, Sunway City Berhad, has set up 0.8ha (two acres) ... Read More
Discover the pleasures of seafront condo

Discover the pleasures of seafront condo

QUAYSIDE, the waterfront development of Seri Tanjung Pinang, has been called the most complete luxury seafront condominium development in the region. Sitting on 8.49ha (21 acres) of prime seafront land, the project, developed by E&O Group, is the region’s only condominium with a 1.82ha (4.5acre) exclusive waterpark within a gated ... Read More
New pride of Penang

New pride of Penang

THE 24km-long second Penang bridge is 54% completed and it is on track to be completed by Nov, 2013, said former Prime Minister Tun Abdullah Ahmad Badawi. He said this assurance was given by the host of contractors involved in constructing the super structure linking Batu Maung on the island ... Read More
Resort bungalows going fast

Resort bungalows going fast

BUYERS and investors looking for modern contemporary living may want to consider the Legenda@Southbay resort bungalows by Mah Sing Properties. Situated in Batu Maung, Penang, the Legenda@Southbay is a luxurious development project consisting of three-storey and four-storey resort bungalows in a gated and guarded community. Mah Sing Properties northern region ... Read More