Property News

Pemandu: Penang not left out of ETP
KUALA LUMPUR: Penang has not been left out of the Economic Transformation Programme (ETP), contrary to claims by certain quarters, that the island-state was not being offered any project or development under it.According to the Performance Management and Delivery Unit (Pemandu), some 95 entry points projects (EPPs), will be implemented ... Read More

The Light Collection II
It begins with the Penang essence which has drawn and charmed generations of visitors. It is distilled from the colourful convergence of diverse cultures on Penang's waterfront - an eclectic mix of Malay, Chinese, Indian, Nonya Baba, Jawa-Peranakan and European traditions, architecture, food and festivals. The Penang essence is not ... Read More

Island Resort Semi-Detached Villas
Island Resort Semi-Detached Villas are exclusively designed for the discerning few where sophisticated style and glamour are personified, a feeling enhanced by panoramic windows offering open views across its terraces. Each of the four-storey villas has its own private lift that caters for easy accessibility between floors. The villas come ... Read More

The Latitude @ Mount Erskine
The Latitude, just like its name, suggests the gravity-defying aura from the pinnacle. This masterpiece parades its 43-storey façade as one of the tallest residential buildings in the whole of Penang Island. Perched 500 feet above sea level, its elevated facilities level allows residents to enjoy the stunning cityscape of ... Read More

PJD plans RM1.7b projects by Q3
Chief operating officer Lim Lian Seng said the projects are located in Sri Hartamas and Cheras in Kuala Lumpur, Butterworth in Penang, and Kuantan in Pahang. "There is a surge in demand for new residential, commercial and retail properties in those areas. We expect the products to sell fast under ... Read More

Property players see price rise in Penang
Penang-based property players interviewed by Business Times have cited construction material prices and inflation as reasons for them to price their units higher this year. They, however, gave no indication on the quantum of the price increase. "Despite the risk of price increases in raw materials, the outlook for the ... Read More

Not so low-cost homes MP: Developer being investigated for inflating price
JELUTONG MP Jeff Ooi claimed a developer who tried to sell low-cost housing at higher than the maximum recommended ceiling price had been blacklisted by the Hous- ing and Local Government Minist-ry. The move to take the developer to task was initiated by the Penang Town and Country Planning, Housing ... Read More

Tanjung Heights Condominium
Tanjung Heights Condominium is a new project by Tambun Indah located at Raja Uda, Butterworth. Strategically located with easy access to Penang Bridge, North-South Highway and the Raja Uda commercial centre. Tanjung Heights Condominium comprises a single 13-storey condominium block with a total of 148 units. Each unit come with ... Read More

Aston Villa
Aston Villa is an integrated mixed-component development which features terrace houses, semi-detached houses, bungalows and commercial space. Aiming to provide a serene, low density and high-end residential area supported by quality commercial units and retail outlets. The designs of the houses derive from traditional Asian living arrangement where three generations live ... Read More

Tambun Indah unit buys land in Penang
TAMBUN Indah Land Bhd's wholly-owned unit, Epiland Properties Sdn Bhd is buying two parcels of land in Butterworth, Penang from Hussain Imam Md Ismail and Ayesha Mohamed Ismail for RM11 million. The deal is in line with its strategy to increase its land bank. SOURCE: Business Times ... Read More
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