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Property News

Mandarin Quarter

Mandarin Quarter

Madarin Quarter is strategically located in the heart of the matured neighbourhood of Raja Uda in Butterworth. This is a secure gated & guarded community comprises 38 units 3-storey terrace houses with two modern design layouts. Each unit comes with 4-bedrooms and 4-bathrooms. Property Project : Mandarin Quarter Location : ... Read More
Downtrend in property loans

Downtrend in property loans

PETALING JAYA: Bank Negara’s move to require house buyers to pay a higher deposit seems to be weeding out speculation in the property market, some analysts said. Its monthly statistical bulletin last week showed that for fourth consecutive months since November, the number of loan applications to buy residential property ... Read More
MRCB expects to land more govt jobs

MRCB expects to land more govt jobs

Chief executive officer Datuk Mohd Razeek Hussain said one of its key performance indicators for 2011 is to grow the company's revenue by 20 per cent to RM1.3 billion and achieve RM150 million in profit before tax (PBT). For fiscal 2010, MRCB posted a PBT of RM97.6 million on revenues ... Read More
Canary Terrace

Canary Terrace

Canary Terrace is located at Taman Bagan Lalang in Butterworth, Penang. The project comprises 30 units of 2-storey terrace linked house. Each standard unit has a built-up area of approximately 1,720 sq.ft. and land area of 1,300 sq.ft. Every unit comes with 3-bedrooms, 3-bathrooms and a guest room. Property Project ... Read More
Face to face with PM

Face to face with PM

THE Federal Government is willing to work with the Pe- nang Government to address the long-standing traffic congestion woes on the island.Prime Minister Datuk Seri Najib Tun Razak said the Federal Go-vernment continued to place im-portance on the state although it was governed by a different political entity.“If there are ... Read More
Equine buys 126 acres of Batu Kawan land from Penang Devt Corp

Equine buys 126 acres of Batu Kawan land from Penang Devt Corp

KUALA LUMPUR: Abad Naluri Sdn Bhd is buying 126.04 acres of land in Batu Kawan, Penang from the Penang Development Corp (PDC) for RM16.75 million cash consideration.Equine Capital Bhd said on Friday, April 1, that Abad Naluri would then nominate Penaga Pesona Sdn Bhd - a unit of Equine Capital ... Read More
Applications for housing loans down

Applications for housing loans down

PETALING JAYA: Households applied for less money to buy houses in February with applications falling to RM10.26bil in February from RM12.56bil in January, but the amount applied for was 23% higher than in February 2010.For the fourth consecutive month, ever since new loan-to-value (LTV) rules for the third or more ... Read More
Support for Bank Negara move to control household debt level

Support for Bank Negara move to control household debt level

KUALA LUMPUR: Malayan Banking Bhd (Maybank) and Standard Chartered Bank Malaysia Bhd are supportive of the move by Bank Negara to introduce measures for property loans and credit card applications to control the household debt level.Maybank deputy president and community financial services head Lim Hong Tat said the move was ... Read More
Kensington Residence

Kensington Residence

Kensington Residence is located within the established township of Bukit Mertajam, Penang. This residential property development comprises 136 units 2 1/2-storey semi-detached houses. Each unit comes with practical design and layout with 5-bedrooms and 4-bathrooms. Property Project : Kensington Residence Location : Bukit Mertajam, Penang Property Type : 2 1/2-Storey ... Read More
Scotland Tower

Scotland Tower

Scotland Tower is located along Jalan Batu Gantong within walking distance to Penang Turf Club. This residential development comprises 63 units of luxury condo and 5 units of  4-storey townhouse. Property Project : Scotland Tower Location : Batu Gantong, Penang Property Type : Luxury Condo & Townhouse Tenure : Freehold ... Read More