Eastern & Oriental Berhad (E&O) is launching the RM1.2bil Andaman at Quayside project at Tanjung Seri Pinang, Tanjung Tokong, on Saturday. E&O (Penang) marketing and sales head Christina Lau said that to add flavour to the launch, a special observation platform had been constructed at the 2.5ha project site for ... Read More

PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) expects a slowdown in the high-end residential property sub-sector this year as potential buyers are likely to maintain a cautious approach in light of the economic uncertainties in Europe and the United States.“There is a lot of caution now due to ... Read More

AFTER my last article on the beauty of having both build-then-sell (BTS) and sell-then-build (STB) concepts, I received some feedback regarding the topic during the Chinese New Year break. It is surprising to observe the interest people have towards this issue, especially on the implications of making BTS the only ... Read More

Property owners in Seberang Prai, Penang, who want to renovate their premises are reminded to have specific garbage containers outside their housing and commercial units for their construction wastes.Seberang Prai municipal councillor Soon Lip Chee said the rectangular-shaped bins, called Tong RoRo (Roll-on-Roll-off bins), measuring 3.6m-long, 2.1m-wide and 0.6m-tall, could ... Read More

PROPERTY developer Dijaya Corp Bhd aims to launch RM1.1 billion worth of projects this year after accumulating land for development in the past 18 months. Last year, the master property developer of Tropicana Golf & Country Resort and Tropicana Indah Resort Homes in Petaling Jaya only launched RM700 million worth ... Read More

Property developer, Hua Yang Bhd, plans to raise RM100 million capital to fund its land acquisition activities this year. Chief executive officer Ho Wen Yan said the amount was three times the size of capital expenditure (capex) spent last year for buying land. "With the RM100 million capex, we are ... Read More

PETALING JAYA: Personal loans, which form part of household loans, are expected to grow 15% this year – a relatively slower pace than last year on stricter household lending rules coupled with external headwinds that impact economic growth. Malaysian Rating Corp Bhd chief economist Nor Zahidi Alias expected a moderation ... Read More

VISITORS had plenty to see and do at a Chinese New Year open house held at the Mah Sing Group’s sales gallery in Batu Maung, Pe-nang. Besides a dragon dance per- formance, the God of Prosperity made an appearance to give out candies to guests. There was also a calligraphy ... Read More

GEORGE TOWN: The second Penang bridge is 3% ahead of schedule and is expected to be ready by October next year, said Chief Minister Lim Guan Eng. He said the construction work was proceeding well. “Although the bridge was expected to be ready in 2014, it is now expected to ... Read More

THE state government’s fund for affordable housing will be managed and implemented by the Penang Development Corpo- ration (PDC). Chief Minister Lim Guan Eng said the PDC would ensure that the RM500mil was used to build affordable units for the lower income group in the state. “This is the largest ... Read More