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Property News

PR1MA Home Coming Soon

PR1MA Home Coming Soon

PR1MA homes come in various types and sizes within an integrated community; sensibly designed to suit different household needs. Priced between RM100,000 to RM400,000, you can now own a home that is well within your reach. Earmarked for development in key strategic urban areas nationwide, PR1MA is open to all ... Read More
PR1MA home details out soon

PR1MA home details out soon

THE 1Malaysia People’s Housing (PR1MA) projects will be developed in Penang soon. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said he had met Perbadanan PR1MA Malaysia chairman Datuk Seri Jamaluddin Jarjis to discuss the projects. “Jamaluddin was in Penang on Saturday and he called up to ... Read More
Property Outlook 2014

Property Outlook 2014

* Article by FREEMEN * It's the year 2014 and the year of the horse. If you are like most of us, we were greeted with mostly bad news at the start of the year. Daily necessities are costing us more - groceries, toll hike, hawker food, and all types ... Read More
Second bridge setting stage for property 'boom'

Second bridge setting stage for property ‘boom’

THE expected opening of the Second Penang Bridge in the first quarter of this year is creating a buzz in the property sector, with the potential entry of new players and growing interest in areas close to Batu Kawan and Batu Maung, which are the landing points for the bridge on ... Read More
Project enters final lap

Project enters final lap

WORK has started on the third and final phase of the Tun Dr Lim Chong Eu Expressway which has been delayed for about four years. Penang Works, Utilities and Transportation Committee chairman Lim Hock Seng said work began in November last year and was expected to be completed in October ... Read More
 TSR Capital in land swap with govt

TSR Capital in land swap with govt

Property developer and builder TSR Capital Bhd, together with Lembaga Tabung Angkatan Tentera (LTAT) and bumiputera-owned Pembinaan Bukit Timah Sdn Bhd (PBT), will redevelop the existing 1,007-acre (407.52ha) air force base in Butterworth, Penang into an integrated mixed-use project with a potential gross development value (GDV) of more than RM10 ... Read More
Sunway plans new property jobs in Penang

Sunway plans new property jobs in Penang

Sunway Bhd plans to develop a RM450mil high-rise residential property project and a RM1.05bil shopping mall over the next two years on 9.82ha in Paya Terubong which it acquired recently. Group senior general manager Tan Hun Beng told StarBiz that the residential project would likely begin next year, while the ... Read More
UBB, Ideal Property plan RM1.5bil projects in Penang

UBB, Ideal Property plan RM1.5bil projects in Penang

United Bintang Bhd (UBB), an importer and exporter of used and reconditioned heavy machinery, will pursue property development plans in Penang under the direction of its new majority shareholder, Datuk Alex Ooi. Ooi, who now owns 32% of UBB, is the executive chairman of UBB and chief executive officer of ... Read More
Penang undersea tunnel feasibility study ready in April

Penang undersea tunnel feasibility study ready in April

Consortium Zenith BUCG Sdn Bhd expects to complete feasibility studies for the controversial RM6.3 billion Penang undersea tunnel infrastructure project and major roads in April this year, said its chairman Datuk Zarul Ahmad Zulkifli. Consortium Zenith is a joint-venture between Zenith Construction Sdn Bhd and China Railway Construction Co Ltd, ... Read More
Taman Kota Kenari - Shop Lot

Taman Kota Kenari – Shop Lot

Taman Kota Kenari is a comprehensive development adjacent to the fast expanding Kulim Township and create tremendous commercial potential for the region. Complementary light/service industry and housing development makes Kota Kenari Kulim and ideal investment options. Highlights: Surrounded by MNCs with more than 60,000 employees - Intel, First Solar, Panasonic, ... Read More