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Property News

Residential property prices likely to stay flat

Residential property prices likely to stay flat

PETALING JAYA: Property prices of the local residential sub-sector are expected to be flat in the next few months as fears of rising oil prices due to the political unrest in the Middle East may damper investor and buyer confidence. Khong & Jaafar Sdn Bhd managing director Elvin Fernandez said ... Read More
New development planned for Jelutong

New development planned for Jelutong

THE thriving Penang property market has gotten off to a robust start this year with a new development planned for Jelutong. Tambun Indah Land Berhad has proposed to acquire the entire equity of Premcourt Development Sdn Bhd, and will undertake a mixed strata development project in the area through Premcourt ... Read More
Pearl Villas @ Setia Pearl Island

Pearl Villas @ Setia Pearl Island

The Isle of Conifer precinct in Setia Pearl Island invokes the wholesome lifestyle synonymous with alpine environments. Here, homes are surrounded by evergreen pine trees and other conifers. The nature-inspired tropical architecture was conceptualised for a whole new level of luxurious living. Whether the three-storey Pearl Villas or 3-storey semi-detached Aura, Caria and Juniper an exceptional lifestyle ... Read More
11 Brook Residences

11 Brook Residences

Brook Residence, a prestigious enclave, nestled in one of the most exclusive neighbourhoods in Penang, namely Brook Road (off Jesselton Road), comprises just 11 limited edition luxury bungalows. Gated and guarded for your peace of mind, Brook Residences redefines exclusivity. Jesselton is a small and unique residential area which is ... Read More
Night of magic and amazing acrobatics at developer?s festive bash

Night of magic and amazing acrobatics at developer?s festive bash

THE festive season may have been over, but it didn?t matter to an 8,000-strong crowd who turned up at SP Setia Bhd Group?s Chinese New Year celebration at Setia Pearl Island in Penang.As early as 6pm, the crowd began pouring in for the open-air street party held at the Isle ... Read More
BM Utama - Phase 3

BM Utama – Phase 3

Where you can enjoy the convenience of naturally perfect surroundings BM Utama is a master-planned residential development that provides an ideal blend of modern and practical architecture with emphasis on a green and healthy lifestyle. Here, you start off each morning with a sense of belonging and joy as life ... Read More
Few takers for super condos

Few takers for super condos

GEORGE TOWN: The days of “super condominiums” selling at exorbitant prices are apparently over. State Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said such condominiums would be difficult to sell in view of escalating land prices. “Three years ago, land prices on the island were between ... Read More
Penang to set up its Housing Board in Jul

Penang to set up its Housing Board in Jul

GEORGE TOWN: The state Housing Board, which will promote affordable housing projects by the private sector, will be established on July 1. Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said an enactment to set up the board was passed at the state assembly in ... Read More
Tambun Indah buys three companies for RM11.6 million in Penang

Tambun Indah buys three companies for RM11.6 million in Penang

KUALA LUMPUR: Tambun Indah Land Bhd acquired three property companies - Premcourt Development Sdn Bhd, Pridaman Sdn Bhd and Ikhtiar Bitara Sdn Bhd - in Penang for RM11.6 million, the group announced on Wednesday, Feb 16.Through Premcourt Development, the group will build a mixed-development project on JV land of 4.19 ... Read More
BM Permai

BM Permai

BM Permai, a freehold residential project comprises 38 terrace house, 36 semi-detached and 47 bungalow units. Strategically located in Bukit Minyak, an easy access to Bukit Minyak and Perai Industrial Area. A mere minutes drive to Juru Autocity and Penang bridge. Location : Bukit Minyak, Penang Property Type : 2-Storey ... Read More