KUALA Lumpur and Penang-based developers are planning to execute some RM6.463bil worth of residential and commercial properties on the island and mainland in the second half year and 2013 despite the tightening of housing credit by banks and a gloomy global economic outlook for the future. SP Setia Bhd (RM2.563bil ... Read More

THE rising property market in Penang is due to the current demands for properties with facilities and amenities. Penang Master Builders and Building Materials Dealers Association executive advisor Datuk Finn Choong said because of the current level of expectations among buyers, the prices of properties were now trending upwards. “As ... Read More

MOST of the visitors who have purchased properties at The Star Property Fair 2012 are Penangites, who are attracted to property priced below RM1mil. IJM Land Bhd senior manager (sales and marketing) Patsy Lee said the group had locked in RM12mil worth of sales for the first day. Some RM7mil ... Read More

GEORGE TOWN: The Star Property Fair 2012 got off to a good start with exhibitors expressing surprise over the big turnout of visitors despite it being a weekday. Many exhibitors said they received enquiries and even closed sales within the first two hours of the fair’s opening at Gurney Plaza ... Read More

A COUPLE drove all the way from Ipoh just to check out the selection of top property at the Star Property Fair 2012 at Gurney Plaza and G Hotel in Penang. Casino operations assistant ma-nager Ng Boon Ping, 42, and his wife Chow Yeng Yeng, 40, did not mind driving ... Read More

SOME 1,300 residents of Taman Emas high-rise flats in Teluk Kumbar in Penang got some cheer upon coming home to find their blocks had been given a fresh coat of paint. The surau of the flats was also upgraded. It was furnished with new carpets and curtains and it was ... Read More

BSG Property’s latest offering of Raffles Tower combines contemporary architecture with the natural environment to create a ‘resort living in the sky’ concept towards a holistic lifestyle. Located in Bukit Gambier, Penang, the 29-storey freehold condominium embraces the best that Mother Nature has to offer while featuring spacious modern family ... Read More

DNP Land will launch its newest architectural gem — The Sentinelle Ville @ BM Utama, a luxurious collection of 66 three-storey semi-detached homes — at the Star Property Fair 2012 in Penang. Its general manager K.C. Tan said the latest project was being launched in response to demand from purchasers ... Read More

GEORGE TOWN: The Penang government will stand by its decision to acquire a 40ha plot of land for the construction of a higher education institution for women in Balik Pulau. Chief Minister Lim Guan Eng said the Asian Women Leadership University (AWLU) had been offered alternative sites but the latter ... Read More

PETALING JAYA: The Penang Island Municipal Council (MPPP) has had to approve 19 projects after 2008 because they were deemed as special projects “that could not be rejected” despite exceeding the 76m height limit. MPPP president Patahiyah Ismail denied that she had contradicted ChiefMinister Lim Guan Eng on the controversial hillslope development issue ... Read More