Tan brothers look to ‘conquer’ Penang
That was ended when it roped in Dijaya Corp Bhd. They now plan to build residential and commercial properties on the land, estimated to generate sales of some RM10 billion. This is not their first tie-up. Within the Batu Ferringi tourism belt, Dijaya has a joint-venture project called "10 Island ... Read More
Home sweet home
ALONG-AWAITED dream has come true for sistes Yap Siew Bee, 41, and Siew Thoo, 26, who have received a new low medium-cost home. “I am so happy today and I can’t wait to move into our unit when it is completed,” said Siew Bee. Siew Thoo said that previously, their ... Read More
Demand for housing likely to be stronger in H2 next year
KUALA LUMPUR: The number of applications for property development licences is expected to be slightly lower in 2012, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.“This year there is a very high number of applications. Also, the trend for the property market next year is optimistically ... Read More
Housing supply and demand – are we nearing equilibrium?
Is there any equilibrium point in housing market, considering the many factors influencing demand and supply? The main determinants of the demand for housing are demographic. Population size and population growth are the core demographic variables. However, family size, the age composition of the family, the number of children, net ... Read More
Ideas invited to make George Town vibrant
THE public can give their input on how to rejuvenate George Town in a survey to be carried out for the setting up of Asia's first Business Improvement Districts (BIDS). George Town Grants Programme director Dr Neil Khor (pic) said the George Town BIDS project was a public-private partnership where ... Read More
Malaysia property sector remains buoyant
HomeGuru.com.my country manager Steven Tan said there is a lot of interest among overseas investors to buy homes in Malaysia via the Malaysia My Second Home programme, especially in places like Sabah, Kuala Lumpur and Johor. “As for Penang, the trend is different as many locals are snapping up properties ... Read More
Mah Sing beats 2011 RM2b sales target
Mah Sing Group Bhd has surpassed its 2011 full year sales target of RM2 billion by achieving RM2.04 billion sales as at Nov 15, 2011.The property developer also has very strong earnings visibility with unbilled sales of RM2.14 billion as at Sept 30, 2011. "This is more than two times ... Read More
Timely traffic alleviation plan?
PETALING JAYA: Steeped in history, Penang is famous for its food and heritage. But if there’s one thing most Penangites want to address, that will surely be its maddening traffic snarls on its congested roads. George Town’s colonial narrow roads and single direction lanes are now unable to keep up ... Read More
Jazz-ing up the Penang hotel scene
GEORGE TOWN Penang is set to see the entry of yet another five-star resort to meet continued tourist demand. The RM100 million sea-fronting Jazz Hotel Penang will open its doors by 2015, its operators said. Full-service hotel management company Ri-Yaz Hotels and Resorts Sdn Bhd will manage the 226-room hotel, ... Read More
Foreigners interested in project
PENANG'S property offerings have a far-reaching appeal, as reflected by a group from France who visited the 1Tanjong luxury condominium project in Tanjung Bungah. The French Teochew delegation, numbering around a dozen people, were in town for the 16th International Teochew Convention at the Penang Teochew Association. They decided to ... Read More
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- @ Jay, Many thanks for your advise. Will go to IJM office. Thanks ...kingkong on Mezzo at The Light City – Luxurious seafront condo
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- Hi All, Is the Tower B unit 1 to unit 4 facing sea view will...kingkong on Mezzo at The Light City – Luxurious seafront condo
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