GEORGE TOWN: Tambun Indah Land Bhd is undertaking five development projects in Penang with a combined gross development value (GDV) of around RM571.5mil this year. The projects are the RM131.3mil Pearl Indah and RM180mil Pearl Residence 1 in Simpang Ampat; RM39.3mil BM Residence in Bukit Mertajam; RM41mil Carissa Villas in Bagan Lallang; ... Read More

Foreigners, with their higher currency exchange, are competing with the locals in the landed housing market. THE hike in property prices of the last two years should be a good enough reason to pull out all the plugs that have stifled home ownership among the people. House prices in the ... Read More

KUALA LUMPUR: The property market would continue to be active this year, supported by various government initiatives under the 10th Malaysia Plan and Budget 2012, said Deputy Finance Minister Datuk Donald Lim. “Last year, in terms of construction activities, the higher number of new unit starts and building plan approvals ... Read More

RESIDENTS of Gambier Heights Apartment in Penang are urging the Commissioner of Building (COB) to call for an Extraordinary General Meeting (EGM) after the parcel owners claimed that they were not given the audited financial report by the Joint Management Body (JMB). The apartment is located in Persiaran Bukit Gambier ... Read More

BUYERS of low-cost and low medium-cost housing units in Halaman Kenanga in Sungai Dua, Penang, came out smiling after a meeting with project developer Penang Development Corporation Properties Sdn Bhd (PDCP). The buyers of the 715 units were earlier not allowed to move into their units although they had received ... Read More

Renowned for its large scale gated and guarded development on the mainland, namely in Simpang Ampat, Bukit Mertajam and Butterworth, the reputable Tambun Indah Land Berhad continues with great strides to expand its distinctive garden-living concept. With only limited units remaining, Pearl Garden with certificate of fitness (CF) to be ... Read More

Reputable developer Asas Dunia Berhad has done it again in delivering an architectural wonder that is the envy of all with its prestigious Asas Murni development in Bukit Minyak, central Seberang Prai. Comprising 40 exclusive units of two-and-a-half storey townhouses that have been completed with CF, this prestigious gated and ... Read More

GEORGE TOWN: Tropicana Ivory Sdn Bhd's (TISB) RM10bil Penang World City (PWC) project in Bayan Mutiara will have affordably priced high-rise units and a world culture' component, featuring different cultural residential enclaves. TISB is a joint-venture company in which Dijaya Corporation Bhd holds a 55% stake, while Ivory Properties Group Bhd the remaining 45%. Ivory group ... Read More

THE cost of buying a pre-World War II shophouse in George Town, Penang, has reached RM2,000 per square foot — equivalent to the price of the poshest Kuala Lumpur City Centre (KLCC) condominium units. An entrepreneur, who declined to be identified, has just paid RM4mil for a 2,000sq ft shophouse ... Read More

With  the hum and buzz of Free Industrial Zone factories on one side and sights of the Penang Channel on the other, driving on the southern end of the Tun Dr Lim Chong Eu Expressway on Penang Island has always been scenic. But over the last year, more interesting things ... Read More