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Property News

Sagajuta to unveil RM2b projects

Sagajuta to unveil RM2b projects

KLANG: Sagajuta (Sabah) Sdn Bhd, a pioneer developer in Sabah is launching four commercial projects worth almost RM2 billion this year, as demand for the properties increases, its chief said. They include the abandoned commercial project in Selangor, called 1Gateway Klang, which its unit, Lagenda Erajuta Sdn Bhd, has taken ... Read More
Carrefour in Bukit Minyak - now open! (Updated 28 Sept)

Carrefour in Bukit Minyak – now open! (Updated 28 Sept)

According to reliable sources, Carrefour has acquired Krico Superstore business operation in Bukit Minyak. Stay tuned for the official announcement soon. Krico will be closed on 16 May to facilitate the transition and renovation work. Carrefour will start their operation some time in August 2011 ... Read More
RM2.94bil worth of properties will be launched in Penang this year

RM2.94bil worth of properties will be launched in Penang this year

GEORGE TOWN: Some RM2.94bil worth of residential and commercial properties from six developers, based in Kuala Lumpur and Penang, will be launched on the island this year.The south and south-west of the island will see some 1,275 units of residential and commercial properties launched with an estimated gross sales value ... Read More
Gradual rise in Penang property prices seen

Gradual rise in Penang property prices seen

GEORGE TOWN: The rise in residential property prices in Penang will be a more gradual this year, according to real estate valuers.Henry Butcher Malaysia (Penang) director Dr Teoh Poh Hua t said this was because residential property prices on the island increased phenomenally last ye ar by between 10% and ... Read More
The Rice Miller Hotel & Residences

The Rice Miller Hotel & Residences

The Rice Miller Hotel & Residences, a mixed real estate development in a UNESCO World Heritage Site in George Town. It consists of four adjoining parcels of freehold land on a 3-acre site by old Penang harbour -- bounded by Beach Street on the west, the well-known “Banking Street” on ... Read More
No reduction in property launches

No reduction in property launches

Should there be any softening of the broad property market, one of the first segments that may soften will be the high-end segment of the condominium market. The landed housing segment is still seeing strong demand, particularly in the Klang Valley and Penang, says OCBC Bank (Malaysia) Bhd country chief ... Read More
Property market to continue strong growth

Property market to continue strong growth

Despite the move by Bank Negara last November to introduce a maximum loan-to-value (LTV) ratio of 70% for the third and subsequent house financing facilities to curb speculation on property prices, property consultants and analysts are convinced that there will only be a temporary setback for the property and banking ... Read More
Focus on real home buyers

Focus on real home buyers

GEORGE TOWN: Developers in Penang should focus on selling homes to genuine house buyers and not speculators, said Raine & Horne senior partner Michael Geh.He said that due to speculation, house prices had increased beyond the affordability level of wage earners who made between RM3,000 and RM4,000 a month.?In the ... Read More
Capri Park

Capri Park

Capri Park is a new project by Tambun Indah located along Heng Choon Thian road in Butterworth. It is strategically located with easy access to Penang Bridge, North-South Highway and Sunway Carnival Mall. Capri Park comprises a single 15-storey condominium block with a total of 150 units. Each unit come ... Read More
Batu Ferringhi Residences

Batu Ferringhi Residences

Nestled at the fringe of Batu Ferringhi and within walking distance to a hosts of international hotels, restaurants and tourists enclave. Batu Ferringhi Residences offers the ultimate in luxury and wonderful pleasures of living with an uninterrupted view of the Andaman Sea. Project Name: Batu Ferringhi Residences Location: Batu Ferringhi, Penang ... Read More