Property News

Mah Sing Group wins Four Prestigious Asia Pacific Property Awards
The Asia Pacific Property Awards 2011 in association with Bloomberg Television have just been judged and Mah Sing Group has been informed that it is amongst the winning companies.Successful entrants have been invited to attend a high profile gala presentation dinner at the Longemont Hotel Shanghai on May 31. Mah ... Read More

New housing guidelines result in fewer complaints from developers
THE Penang Government is getting fewer complaints from developers since the implementation of new housing guidelines for the island in the second half of last year.State Local Government and Traffic Management Committee chairman Chow Kon Yeow said the number of visits made by developers to see him about complaints had ... Read More

Don’t circumvent Bank Negara’s ruling
Last November, Bank Negara introduced a macroprudential measure to curb speculation in the property market. Buyers of third and subsequent properties were required to pay a minimum downpayment of 30% of the purchase price.Four months into that ruling, Bank Negara’s monthly statistical bulletin showed that for four consecutive months since ... Read More

To buy a home or wait
First time home buyers who are daunted by soaring prices of residential properties in the Klang Valley should not wait in the hope of a softening in the property market.Prospective new home buyers may want to take note of rising construction costs that are driving up property prices, as well ... Read More

For all home needs
Relaxing bath: Models posing in a whirlpool tub by Modern Depot, which features a touch screen control panel and underwater lighting. THOUSANDS of homeowners journeyed through a wonderland of great designs, fresh ideas and innovative concepts at Homedec 2011, which kicked off yesterday at the Penang International Sports Arena (PISA) ... Read More

Lab sessions to steer Penang transformation
GEORGE TOWN: The proposed Greater Penang Transformation Programme (GPTP), which is likely to include parts of Kedah and Perak, may study how to improve the agriculture supply chain and logistic efficiencies, among others. Under the 10th Malaysia Plan, Greater Penang has already been earmarked to benefit from a total investment ... Read More
E&O aims to begin reclamation work for RM12bil Penang project
Aerial view of Seri Tanjung Pinang phase one, showing Straits Quay festive retail mall.The upcoming Quayside Seafront Condominiums is superimposed on this actual site photo. PETALING JAYA: Eastern & Oriental Bhd (E&O) is targeting to commence reclamation work next year for 740 acres of land in Tanjong Tokong in the ... Read More

Construction, renovation industries to gain RM3bil
GEORGE TOWN: The RM2.94bil in gross sales value (GSV) of housing projects to be launched this year is expected to generate about RM3bil worth of jobs for the construction and renovation industries in Penang.Penang Master Builders and Building Materials Dealers Association (PMBBMDA) deputy president Lim Kai Seng told StarBiz that ... Read More

Penang govt's nod lifts E&O
KUALA LUMPUR: While Penang's property market has been sizzling, the stock price performance of the island's largest developer - Eastern & Oriental Bhd (E&O) - has been lukewarm, although that could very well soon change.After facing a couple of challenging quarters compared with its peers in terms of investor interest, ... Read More

First yacht calls at Straits Quay New marina a catalyst for growth in water activities and coastal limo service
THE Straits Quay marina in Tanjung Tokong, Penang, welcomed its first guest vessel with the promise of a wholesome lifestyle experience for visiting boaters.The Amadeus, a 28m-long motorised yacht owned by Singaporean entrepreneur Herman Ho, made her way into the marina, accompanied by Eastern & Oriental Bhd’s (E&O) own vessel, ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Hemsley, TQ. Good progress and maybe is too early to send out the site progress...SC on The Pier
- @LOL This project is opposite putra place condo.. it's still a distance to QBM ...thomas on One Mutiara
- @Islander Lol. Aspen group. Lol. ...Hemsley on The Cube
- just paid booking fee today ...Jordan on The Cube
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams