Property News

Showcase of latest home decor trends
VISITORS to the 10th Penang Fur-niture Exhibition (Penfurnex) exhibition will be spoilt for choice as 96 exhibitors have set up 430 booths showcasing a wide range of furniture and home fixtures. The three-day exhibition, which ends tomorrow, will be held at the Penang International Sports Arena (PISA) from 11am to ... Read More
Polls a factor, property survey reveals
GEORGE TOWN: The general election appears to be a factor in property purchasing decisions by certain investors, a survey carried out by an online property portal has revealed. PropertyGuru, Asia's leading property portal, and its Malaysian arm HomeGuru, have said 40 per cent of over 2,000 respondents of a survey ... Read More

Tambun sees strong demand for mainland Penang properties
KUALA LUMPUR: Investors looking for exposure to the Penang property market have naturally gravitated to the island, with Eastern & Oriental Bhd (E&O) being the current hot favourite. They have largely ignored the mainland.But if the latest sales numbers from leading mainland Penang player Tambun Indah Land Bhd are any ... Read More

Foreign firms keen to build major roads in Penang
INTERNATIONAL contractors from several countries have indicated that they are interested to build four proposed major road projects in Penang. Chief Minister Lim Guan Eng said the contractors were from China, Singapore, Hong Kong, Japan and Korea. He said the state government would invite those interested to bid for the ... Read More

AmInvest: Property bubble building up but not alarming
KUALA LUMPUR: There is a property bubble building up in Malaysia and the region but it is nowhere near alarming levels as the main indicators are still at comfortable levels, AmInvestment Bank Group said. "As an investor, I love bubbles because that's where the money is. At this juncture, I ... Read More

CM: Don’t blame state govt
GEORGE TOWN: The state government should not be blamed for the increase in land premium charges as the rate is fixed by the Valuation and Property Services Department. Chief Minister Lim Guan Eng was commenting on the statement by Penang Barisan Nasio- nal working committee deputy chairman Datuk Zainal Abidin ... Read More

Property prices inflated by state’s action, says Barisan
KEPALA BATAS: Penang Barisan Nasional claims that the state's move to increase land premium charges, has inadvertently led to a rapid rise in property prices in Penang. State Barisan working committee deputy chairman Datuk Zainal Abidin Osman said the DAP-led state government had apparently hurriedly increased the land premium rates ... Read More
Duplicates of Southgate on drawing board
KUALA LUMPUR: Property developer Mah Sing Group Bhd is confident that the recently completed Southgate project in Sungei Besi here will be a success and the group plans to replicate the model elsewhere. Mah Sing Properties Sdn Bhd chief operating officer Andy Chua feels that there are at least two ... Read More

Property bubble burst unlikely in Malaysia
A property bubble burst is unlikely to happen in the Asia Pacific, including Malaysia, as there are no signs to indicate such a trend in the next two years, says AmInvestment Bank Group. Director for Retail Funds Ng Chze How said real estate investment trusts (REITS) would also not experience ... Read More

Seri Anggun
Seri Anggun is a residential development located near to Penang Pesta site, within Sungai Nibong, Penang. This development comprises 33 units 2-storey terrace houses, 12 commercial units and 2 blocks of apartment buildings. Strategically located with easy access to Bayan Lepas FIZ and a mere minutes drive to Penang bridge ... Read More
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- I don't think so.. ...Zul on Penang expands 5% discount on unsold homes to all buyers
- @Millionaire You're being sarcastic? Or you really like to write nonsense? I don't get it....Billionaire on Twin Star
- @Moon This was info from the development office when i went for booking. It is...Koja on The Cube
- The central region has spent years developing its first line and gradually expanding it over...BTW on Penang’s LRT Mutiara Line project set to begin soon
- so is bumiputra entitled for 5%+5%? ...BTW on Penang expands 5% discount on unsold homes to all buyers
- Don't know what that Sunda guy of state housing chairman up to , as if...Oh nice on Penang expands 5% discount on unsold homes to all buyers
- @Gemini Air talk only deserve Air talk answer ...Islander on Penang’s LRT Mutiara Line project set to begin soon
- @millionaire or AG ...LL on Penang’s LRT Mutiara Line project set to begin soon
- Islander : Aiya, very easy, by next GE if I still see “nothing” I...Gemini on Penang’s LRT Mutiara Line project set to begin soon
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