Property News

Demand from first-time buyers still strong
Instead of blowing their cash on pricey gadgets, young Malaysians are saving up for their first home. While most Gen Y shy away from owning property in developed countries and big cities, demand from millennials here is still holding, especially with parents assisting them with the downpayment, Real Estate and ... Read More

Prices in Penang move sideways in the first quarter
The Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners. “I noted active transactions on the secondary market with prices staying flat,” he says in presenting the ... Read More

Eco World eyes Batu Kawan land for RM6bil project
Eco World Development Group Bhd is said to be eyeing a 300-acre leasehold site in Batu Kawan for a RM6bil mixed development project to be launched next year. Sources told StarBiz that the group could fork out up to RM700mil for the property, estimated at over RM50 per sq ft ... Read More

Firm claims mistakenly said Penang tunnel study on hold
The feasibility study for the controversial RM6.3 billion undersea tunnel is proceeding and expected to be done in six months' time, said Datuk Zarul Ahmad Mohd Zulkifli when correcting his statement to the contrary. The Consortium Zenith BUCG chairman today claimed he mistakenly told the media in Kuala Lumpur yesterday ... Read More

Penang undersea tunnel project on hold
The Penang government has put a stop to the feasibility study on the proposed 7.2km undersea tunnel linking Penang to Butterworth. Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli said the company had stopped its feasibility study for the undersea tunnel following a request by the ... Read More

Penang eyeing July approval for LRT project to begin 2017
Penang hopes to secure a conditional approval for its first railway scheme connecting Bayan Lepas to Komtar by next month, state executive councillor Chow Kon Yeow said. The local government committee chairman said SRS Consortium, the project delivery partner (PDP) for the Penang Transport Master Plan (PTMP), met with Land Public ... Read More

Strata management bodies – how do they work?
As a city grows, the development of high-rises becomes inevitable. So one can only expect more strata developments to be built in Malaysia in the future and strata living will become increasingly common. It is therefore imperative to understand the existence and function of the management bodies that ensure a ... Read More

Eco Bloom Opens Show Units
Eco World Development Group Berhad [EW Berhad or EcoWorld] opened its Show units for Eco Bloom today with a simple lion dance ceremony. Eco Bloom is a 4.86-acre freehold mixed development with a GDV of RM283 million comprising a single tower project with 490 residential units split into two wings, ... Read More

Penang to call for fresh bids for golf course
Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld). PDC general manager Datuk Rosli ... Read More

Exclusive Preview of Eco Bloom Show Unit @ Eco Meadows
You are cordially invited to the private sneak preview of Eco Bloom Show Unit on 12 June 2016, 10AM at EcoWorld Gallery @ Eco Meadows * Click HERE to find out more about Eco Bloom @ Eco Meadows * ... Read More
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- lol sounds like the currency in ragnarok online ...jack on M Zenni
- yeah right, expect 1 hour to clear the first junction when leaving for work in...Oh nice on SkyWorld Pearlmont
- trade in density for the affordability. 5700 units in total with 100+ shop units and...BTW on SkyWorld Pearlmont
- Thats why bro, skyworld pigeonhole projects in kl and setapak, looks like battery chicken, now...Goppal Balan on SkyWorld Pearlmont
- @millionaire I concur. Such baseless allegations. ...Justice League on Lumina Residence
- Hebat ...Minion on SkyWorld Pearlmont
- profit maximization of the highest degree, can't believe this is approved, even the birds can...Oh nice on SkyWorld Pearlmont
- who want to stay in this high density hell hole...? ...Oh nice on SkyWorld Pearlmont
- 11 blocks of 40 storey flats? that is crazy... ...Oh nice on SkyWorld Pearlmont
- @1st batch buyer block A How dare you say that? This is million condo by...millionaire on Lumina Residence
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- Affordable Housing (Penang Island)
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- Kobay Jelutong
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- One Auto Hub @ Batu Kawan
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- Penang Sentral
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- Silicon Island
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