The Beijing Urban Construction Group (BUCG) has withdrawn from Consortium Zenith BUCG Sdn Bhd (CZBUCG) which is the developer for the RM6.3 billion proposed undersea tunnel and three paired roads projects in Penang. Chief Minister Lim Guan Eng said CZBUCG sought the approval from the state government to do so ... Read More

AllianceDBS Research said the Penang property market has been facing challenging conditions since 2014 as property prices continue to rise, albeit at a slower pace. “We notice that transaction numbers have continued to extend its decline in 2016 and there is no sign of a recovery in the near term ... Read More

First of its kind in Penang, BEACON is an innovative urban home designed to complement and enhance your lifestyle in line with the modern digital era. Not only it will be furnished and move-in condition, residents will also enjoy access to wide range of cutting edge lifestyle, security and smart ... Read More

Amid slowing demand and deteriorating profits, it seems now is a good time for housing developers — who are accused of being only interested in higher-end properties — to switch their focus to affordable housing, demand for which far outstrips supply. But developers are saying that this would not be ... Read More

In a move to facilitate loan transactions between first-time house buyers and banking institutions, the government is expected to announce a new scheme during the tabling of the 2017 Budget. Second Finance Minister, Datuk Johari Abdul Ghani said his ministry is currently collaborating with Bank Negara, Malayan Banking Bhd (Maybank), ... Read More

Young professionals coveting the cosmopolitan lifestyle at Penang’s most desirable address can now see their dream realised. The Seri Tanjung Pinang lifestyle as created by E&O is one that is coveted by Malaysians and foreigners alike, property investors or just regular folks looking for a superb environment to live in ... Read More

The slump in overall property sales in Penang has led developers to introduce special schemes to stimulate the market. Senior general manager of IJM Land Berhad Datuk Toh Chin Leong, who is also Real Estate and Housing Developers Association (Rehda) Penang branch chairman, said IJM is now partnering with Alliance ... Read More

You are cordially invited to have the initial viewing of Aspen Group's latest project - BEACON. Date/Time 4 September 2016 (Sunday) 10:00 AM - 5:00 PM Venue Aspen House, 300, Jalan Macalister, 10450 George Town, Penang. REGISTER HERE: Beacon Executive Suites Priority Registration BEACON, the shimmering star rising on the horizon, is ... Read More

Telekom Malaysia Berhad and Aspen Group has inked a Collaboration Agreement to facilitate the deployment of Smart Services, converged telecommunications as well as information and communication technology (ICT) services for the Aspen Vision City development in Batu Kawan, Penang. This agreement is the first collaborative agreement between TM and Aspen Group to ... Read More

The Government has endorsed home-sharing service Airbnb, saying it is legal as long as there is no foul play. The Urban Wellbeing, Housing and Local Government Ministry said this in response to claims from the hotel industry that such services were illegal as homeowners were renting out properties to tourists ... Read More