GEORGE TOWN: Contractors, some with links to triads, are forcing buyers of high-rise property here to carry out renovation works. Many of them charge a premium, sometimes up to 20% more than normal contractors. If the buyers insist on hiring contractors from outside, they are compelled into buying materials such ... Read More

THE Penang Government will hold a Request For Proposal (RFP) for the purchase, lease and development of an international theme park and golf resort in Bandar Cassia, Batu Kawan. PDC general manager Datuk Rosli Jaafar said those who submit tenders are allowed to propose other developments to ensure the viability ... Read More

At current rates, fresh grad workers cannot afford to buy a house It was one of those long eye-opening conversation between father and his soon-to-graduate son. “What are you going to do when you graduate?” “Get a job, buy a car.” “Don’t you want to buy a house?” “It’s too ... Read More

MORE than 80,000 people visited the RM500mil Gurney Paragon during its first day of business. Gurney Paragon director Lily Tan said 50,000 people were expected to visit Gurney Paragon each weekend from now till the end of the year as more stores opened up. Among the top draws at the ... Read More

GEORGE TOWN: About RM115mil worth of residential and commercial property was sold during the first three days of The Star Stylish Living Property Fair 2013 at G Hotel and Gurney Plaza. Property exclusively marketed by Zeon Properties Sdn Bhd generated RM83mil in sales over the past three days. Zeon CEO ... Read More

Live the stylish life in Penang, KL and Australia! From today and throughout this weekend, Star Property Fair Penang brings the latest luxurious lifestyles and developments to the Pearl of the Orient. Be it for own stay or investment, find out what the developers have in store for you, from gorgeous ... Read More

ST Residence, a low density development by Flow Rich Sdn. Bhd. in Georgetown, Penang. This 16-storey condominium is located along Jalan Seang Teik, has 35 residential units with size ranging from 1,400 sq.ft. onwards. Property Project : ST Residence Location : Georgetown, Penang Property Type : Condominium Built-up Area: 1,400 sq.ft. onwards Total ... Read More

WANTING and actually being able to afford your own place are two very different things. With the oversupply of high-end condominiums shadowing the property market, fresh graduates and young professionals may have to either send out an SOS to their parents for cash or live at home because having “my ... Read More

Mah Sing Group Bhd has revised its gross development value (GDV) for its Southbay City project in Batu Maung, Penang, to approximately RM2bil from RM1.5bil previously. Group chief operating officer Teh Heng Chong said in an interview that this was because new components such as a shopping mall, hotels and ... Read More

GEORGE TOWN: Penang is in its final stage of applying for city status for George Town, said state Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow. “The state secretariat is presently in its final discussion with Chief Secretary Tan Sri Dr Ali Hamsa. “We were supposed ... Read More