Govt revenue comes under the spotlight
Prof Datuk Dr Mohamed Ariff, a professor of international economics at the INCEIF (International Centre for Education in Islamic Finance), said revenue has shrunk to 22 per cent of the gross domestic product (GDP) compared with previous years when it stood at 34 per cent. "There was also only a ... Read More
Real property gains tax expected to rise
PETALING JAYA: Real property gains tax (RPGT) would probably increase after Budget 2012 but experts are divided over the quantum or the new form the tax on property sales would take. Few are hoping for the rate to be maintained but others felt the RPGT would increase by another 5% ... Read More
No reclamation please
SOME 350 residents living in six condominiums and houses along Persiaran Bayan Indah in Bayan Lepas want the seafront in the Bayan Bay area to be spared of any future land reclamation projects. Bayan Bay Residents’ Action Committee chairperson Sharifah Hamidah said the residents were not against development but were ... Read More
IJM Land to set the bar on digital lifestyle
GEORGE TOWN: IJM Land Bhd is poised to set the bar in Penang and the rest of the country soon on how a fully-networked property development can spur economic growth. The company's flagship development - The Light Waterfront Penang - will offer a digital lifestyle to all its investors, thanks ... Read More
Delay in Penang Sentral project worries state govt
THE state government is concerned over the lack of progress at the RM2.7bil Penang Sentral project in Bagan Dalam, Butterworth. Deputy Chief Minister I Datuk Mansor Othman said the project was launched by former Prime Minister Tun Abdullah Ahmad Badawi in July 2007 and the first phase was supposed to ... Read More
Seri Jaya Condominium
Seri Jaya Condominium, a 20-storey high rise residential development strategically located in the heart of Bukit Mertajam, Penang. Designed with spacious balconies and large windows, allowing you to enjoy the natural sceneries and breathtaking views. It comes with full condo facilities which includes swimming pool, children's pool, jacuzzi, BBQ area, children's playground, ... Read More
BNM seeking inputs on property gains tax
Petaling Jaya: Bank Negara Malaysia had consulted property developers, seeking their inputs on increasing the real property gains tax (RPGT) to curb speculation, people familiar with the matter said yesterday. Such a move, if announced in the upcoming Budget 2012, will be the second time the central bank will have ... Read More
Further foreign equity selling to put pressure on property stocks
PETALING JAYA: Property stocks face pressure in the coming months with foreign shareholders expected to pare down their stakes on concerns over the weakening ringgit and less bullish housing sales next year due owing to an anticipated global economic slowdown. RHB Research has downgraded the property sector to “underweight” from ... Read More
The Curve Condominium
The Curve, condo by the bridge. Located just next to The View Condominium with unobstructed view of the sea and the Penang bridge. This residential scheme comprises two 31-storey condominium blocks with a total of 296 units. * THIS PROJECT HAS ALREADY BEEN CANCELLED * Project Name : The Curve Condominium ... Read More
House prices to rise, costlier materials blamed
KUALA LUMPUR: Property developers will be forced to raise prices of residential properties by as much as 20 per cent due to rising cost of building materials The Real Estate and Housing Developers' Association Malaysia (Rehda), however, does not think this will lead to a property glut. "In Malaysia, there are ... Read More
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- @Chris No one talks about queens, why are you so agitated for? This post is...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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- don't just focus on quantity. focus on the quality also. look at ideal beehive projects,...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams