Another milestone for builder in Penang
The Eco World Development Group Berhad (EcoWorld) continues to strengthen its presence in Penang with the opening of its sales gallery in Jalan Paya Terubong — the second one in the state. Visitors were clearly impressed with its show units that maximise the impression of space and glamour. Soon after ... Read More
Second phase of Light Waterfront project to be completed by 2022
IJM Land northern region senior general manager Datuk Toh Chin Leong said the group and Singapore-based Perennial Real Estate Holdings Ltd (PREH) had teamed up to acquire and develop the freehold waterfront project with a gross development value of RM4 billion. "The 13.26-hectare site in Gelugor will be developed into ... Read More
Helping the poor own houses
Buying home is typically the largest and most complicated financial commitment most people will ever make”. This is the phrase used whenever there is talk of homeownership and it applies to low-income households, too. First-time buyers face many barriers, one of them being the burden of monthly payments, having enough ... Read More
Titijaya acquires Penang land to develop RM2.6 bil development
Titijaya Land Bhd obtained shareholders’ approval to acquire about 23 acres of leasehold land in Batu Maung, Penang to build a mixed-use development after its extraordinary general meeting (EGM) here today. The land is located within 1.5km from the Sultan Abdul Halim Mua’dzam Shah Bridge (the Second Penang Bridge). The ... Read More
Eco World to launch first Penang project next month
Eco World Development Group Bhd (EcoWorld) is expected to launch its first project in Penang, Eco Terraces condominium, in mid-June. “Apart from being the first project for the group in the northern region, we believe Eco Terraces will also set new standards in high-rise living here,” EcoWorld president and CEO ... Read More
Penang Island vs Mainland (Part 4) – Population
Population Population growth comprises two basic components - the natural population growth (birth and death), and the non-natural population growth (relocation), which by contrast may occurs quickly and unexpectedly. With natural population growth, developers can react accordingly to the market demands. They are able offset anticipatable demand by providing more ... Read More
Slow quarter for E&O
Maintain “hold” with revised target price of RM2. Excluding exceptional items of RM103 million, E&O’s fourth quarter financial year 2015 (4QFY15) core earnings came in at only RM3.4 million. This takes FY15 core profit to RM43 million, which is significantly below consensus’ and our projection as we had earlier expected a ... Read More
BNM: No tightening of policy for first-time buyers
Bank Negara Malaysia (BNM) has reiterated that there has been no tightening of policy for first-time home buyers. However, its governor Tan Sri Dr Zeti Akhtar Aziz said all borrowers need to be credit-worthy and therefore, there is an affordability test. "If a borrower can demonstrate that they have income ... Read More
Fulfilling pledge to build more homes
The state government is delivering its promise of providing affordable homes to Penangites, said Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. Out of the 12 planned projects comprising 22,512 units, four are already in progress in Bandar Cassia on the mainland, as well as Teluk Kumbar, Kampung ... Read More
Penang Island vs Mainland (Part 3) – Connectivity & Accessibility
Connectivity & Accessibility More than 30 years ago, before the Penang Bridge was built, it was a big thing for people from mainland to go to the island. Property investment in the Island vs mainland was hardly discussed because travelling to the other side of Penang taking ferry on a ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Betul Same issue in Gurney bay too. That's somebody hanging around in park also at...Gurney Bay on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- So you busybody what other people are doing by the roadside but you tell me...Betul on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- So anyone who wants to hang out at the road side or a public area...Betul on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Oh nice No I am talking about public road for vehicle not waterfont area which...Oh nice on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Betul I was doing something productive that you don't need to know. Are you one...Oh nice on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Oh nice The usual spot like this with an open concept will have these people...MajorArches on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- What were you doing there yourself during midnight hours? Do you have a job? Those...Betul on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Nancy Mine is 2 cp seaview RM650k. Are you interested? I will contact you if...Jes on Affordable Housing @ The Zen
- @Loo I'm interested to your house, could you pm more detail to 88nancyloh@gmail.com ...Nancy on Affordable Housing @ The Zen
- @Best better buy Zen6 the luxury condo RM720K with 2-3 car parks. haha ...Nancy on Affordable Housing @ The Zen
SHOW MORE COMMENTS
Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams