Property News

Preston Oaks
Preston Oaks off Western Avenue. An exclusive enclave with a new sense of prestige, and a private road that takes you straight to your lavish abode - this is the true definition of a modern royal lifestyle. Nestled in the affluent surrounding off Western Avenue, this prime marvel is a luxury you ... Read More

Fragonard Garden
Fragonard Garden is located within the established township of Balik Pulau, Penang. This residential property development comprises 68 units of 2-storey terrace houses. Property Project : Fragonard Garden Location : Balik Pulau, Penang Property Type : 2-Storey Terrace Tenure : Freehold Total Units : 68 Developer : VST Group Contact No.: 016-420 7727 / 016-427 8766 ... Read More

Easing the bottleneck
TRAFFIC woes along the Tun Dr Lim Chong Eu Expressway will be eased with a proposed road widening work, said Chief Minister Lim Guan Eng. The plan is to extend and relocate an existing pedestrian bridge to construct a 250m-long and 5.65m-wide lane along a stretch of the expressway near ... Read More

Roundabout gets festive spruce-up and facelift
THE Gurney Drive roundabout in Penang is undergoing major maintenance sponsored by IJM Properties Sdn Bhd and is expected to be completed before the Hari Raya-National Day double celebrations.A Penang Municipal Council spokesman said several features in the steel structure adorned with bird-shaped sculptures were in need of maintenance.?The maintenance ... Read More

Mah Sing Q2 rises on property activities
PETALING JAYA: Property developer Mah Sing Group Bhd’s net profit rose 47.9% for the quarter ended June 30 to RM43.13mil from RM29.16mil recorded in the same period last year. The growth was driven by property development activities in Kuala Lumpur, Klang Valley, Johor Bharu and Penang island, the company said ... Read More

Developer’s continued success Latest award recognises quality work
IVORY Properties Group Berhad continued its winning streak when the property developer bagged the International Standard Quality (ISQ) 2011 award.Handed out by the European Union Analysis Alliance (EUAA), the award was for ‘Quality Property Developer & Contractor’.Ivory’s non-independent non-executive director Ooi Choi Kiat said the award came right on the ... Read More
Pact gives new lease of life to Penang Turf Club land
The PGCC was a proposed project to be located at the PTC grounds, carrying a gross development value of RM25 billion and to be built over a span of 15 years by its developer Abad Naluri Sdn Bhd, an associate company of Equine Capital Bhd. Abad Naluri bought the land ... Read More
BLand to buy land from Penang Turf Club
PETALING JAYA: Berjaya Land Bhd (BLand) has entered into a conditional sale and purchase agreement with Penang Turf Club to acquire 57.3 acres of prime freehold land for RM459mil cash for high-end residential property projects. In a filing with Bursa Malaysia yesterday, BLand proposed development that includes (but not limited ... Read More

Berjaya Land to tap demand for high-end landed property
GEORGE TOWN: Berjaya Land Bhd (BLand) plans to build a low-density gated residential project with an estimated gross development value of RM1.52 billion on its new Penang land. The project will be marketed as high-end exclusive residences which will include bungalows, semi-detached and condominium units. The company is also planning ... Read More
Berjaya revisits Penang
Berjaya Corp Bhd founder and chairman Tan Sri Vincent Tan yesterday said the company is happy to be back in the state. "I was unhappy 18 years ago and I had said then that I don't want to invest in Penang anymore. "But I am pleased to be back here ... Read More
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