Property News

Few takers for super condos
GEORGE TOWN: The days of “super condominiums” selling at exorbitant prices are apparently over. State Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said such condominiums would be difficult to sell in view of escalating land prices. “Three years ago, land prices on the island were between ... Read More

Penang to set up its Housing Board in Jul
GEORGE TOWN: The state Housing Board, which will promote affordable housing projects by the private sector, will be established on July 1. Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said an enactment to set up the board was passed at the state assembly in ... Read More

Tambun Indah buys three companies for RM11.6 million in Penang
KUALA LUMPUR: Tambun Indah Land Bhd acquired three property companies - Premcourt Development Sdn Bhd, Pridaman Sdn Bhd and Ikhtiar Bitara Sdn Bhd - in Penang for RM11.6 million, the group announced on Wednesday, Feb 16.Through Premcourt Development, the group will build a mixed-development project on JV land of 4.19 ... Read More

BM Permai
BM Permai, a freehold residential project comprises 38 terrace house, 36 semi-detached and 47 bungalow units. Strategically located in Bukit Minyak, an easy access to Bukit Minyak and Perai Industrial Area. A mere minutes drive to Juru Autocity and Penang bridge. Location : Bukit Minyak, Penang Property Type : 2-Storey ... Read More

Mah Sing has RM3b projects in the pipeline
Mah Sing Group Bhd (8583), Malaysia's fifth largest property developer by revenue, is ready to roll out RM3 billion worth of new launches this year on positive domestic economic outlook. Group chief executive and managing director Tan Sri Leong Hoy Kum said he was bullish on sales moving fast paced ... Read More

New canopy walk in Penang Hill by year-end
Penang is set to feature a new treetop walkway as a nature attraction by the end of the year. The project, to cost some RM3 million, is part of an eco-tourism venture that also includes an adjoining 1.6km nature trail, designed to boost environmental conservation and tourism in Penang. The ... Read More

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
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