Property News

Mah Sing earnings up on existing projects
PETALING JAYA: Mah Sing Group Bhd’s net profit jumped 47.6% to RM41.1mil for the first quarter ended March 31 due to progressive recognition of development revenue and contribution from its property projects in the Klang Valley, Penang and Johor Bahru.The company said in a statement yesterday that revenue for the ... Read More

Fajarbaru JV buying 44ha site in Balik Pulau
Kuala Lumpur: A joint venture (JV) between Fajarbaru Builder Group Bhd and Sagajuta (Sabah) Sdn Bhd is on the verge of buying 44ha of land in Balik Pulau, Penang, via a private tender, people familiar with the matter said yesterday. At least two people with direct working knowledge of the ... Read More

VistaBay Semi-D
VistaBay Semi-D is a new project by Reeki Group located along Jalan Telaga Air in Butterworth, Penang. It is strategically located with easy access to Penang Bridge and Butterworth outer ring road. Property Project : VistaBay Semi-Detached Location : Jalan Telaga Air, Butterworth Property Type : 2-sytorey Semi-Detached Built-up Area : ... Read More

JMB election meeting turns rowdy
GEORGE TOWN: A shouting match ensued among residents of Taman Sri Idaman Block B during an annual general meeting which was held to elect new joint management body (JMB) members. Both rival groups argued over the eligibility of certain residents who wanted to either vote or nominate themselves as candidates ... Read More

Mutiara Residence @ Balik Pulau
Mutiara Residence, strategically located within the established township of Balik Pulau, Penang. The project comprises 24 units of 2-storey terrace and 2 units of 2-storey bungalow houses. Property Project : Mutiara Residence @ Balik Pulau Location : Balik Pulau, Penang Property Type : 2-storey terrace & bungalow Land Area: 22′ ... Read More

Villa Pondok Upeh
Villa Pondok Upeh, strategically located along Jalan Pondok Upeh within the established township of Balik Pulau, Penang. This project comprises 28 units of bungalow houses with 4 different types of layout. Property Project : Villa Pondok Upeh Location : Balik Pulau, Penang Property Type : 2-storey Bungalow Land Area: 5,800 ... Read More

Mah Sing to launch RM2.5bil projects
PETALING JAYA: Mah Sing Group Bhd will launch RM2.5bil to RM3bil worth of projects in the Klang Valley, Penang and Johor this year to meet its sales target of RM2bil for the current financial year ending Dec 31. Group managing director and chief executive Tan Sri Leong Hoy Kum said ... Read More

Suria Vista Apartment
Suria Vista apartment located in a lush, beautiful and peaceful community consisting of 256 units of apartment at approximately 700 sq ft per unit. Green with trees on the hill, landscaped garden on the structure along with children’s playground. Relaxing atmosphere equipped and secured with 24 hours security guards and ... Read More

Malaysian developers win 4 top Fiabci awards
KUALA LUMPUR: Malaysian developers have won four top places out of the 14 categories contested in the Fiabci International Prix d’ Excellence Award 2011 with another three being runners-up, making this year’s outing the most lucrative.The winners, from nine countries namely the United States, China, India, Malaysia, Brazil, Russia, Hungary, ... Read More

Property remains hot investment instrument
When it comes to what is the best investment instrument to leverage one’s savings on, invariably the subject on property will crop up. So, is it a wonder why the property market is so hot?Rightly or wrongly so, more Malaysians and investors from around the world believe that investing in ... Read More
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