The first phase of the RM10bil Aspen Vision City in Batu Kawan is scheduled for completion at the end of next year. The first phase comprises an Ikea store, Columbia Asia Medical Centre and Vervea, a commercial project. Aspen (Group) Holdings Ltd president and chief executive officer Datuk M. Murly ... Read More

Article by Freemind Works To own our own home is viewed by society as one of the key milestones of being successful. Hence, we will almost always buy a property for our own stay first. However, with the rising home prices and the fact that our salary or income is still ... Read More

Work on Jalan Bukit Kukus, the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul in Penang is progressing slightly ahead of schedule. The project, which began on Jan 15 last year, is slated to be completed on Jan 14, 2019. Penang Island City ... Read More

Perbadanan PR1MA Malaysia (PR1MA) is planning to develop two new townships in Teluk Kumbar, Penang and Teluk Intan, Perak. Its chief executive officer Datuk Abdul Mutalib Alias said the ongoing projects, however, are subject to approval by the respective state governments. “We will announce both projects to the public once ... Read More

Cheers and Swedish meatballs liven up Batu Kawan today as IKEA marked the start of construction for its first store in Northern Malaysia. IKEA co-workers, business friends and government officials came together for a groundbreaking ceremony at the site for IKEA Batu Kawan, Penang. The event gave visitors a taste ... Read More

Penangites alothe island’s north coast seem divided over the North Coastal Paired Road (NCPR) project. Some residents in Tanjung Bungah want the road plan scrapped but many in Batu Ferringhi and Teluk Bahang want it as soon as possible. “Do you know what it was like after the recent big ... Read More

Tanjung Bungah residents want the proposed new road from Teluk Bahang to their neighbourhood scrapped after realising it entails deforestation and construction on slopes with gradients steeper than 25 degree. Through the Tanjung Bungah Residents Association (TBRA), 400 of them signed a petition against the North Coastal Paired Road (NCPR) ... Read More

Eastern & Oriental Bhd’s (E&O) net profit increased 6.5-fold to RM21.24mil for the first quarter of the financial year ending March 31, 2018 from RM3.24mil in the corresponding period last year. The lifestyle property developer attributed its earnings growth to its property segment, which witnessed higher revenue recognition from ongoing ... Read More

Residential units at the former Customs Department quarters in Jalan Kampung Kastam here are being demolished to make way for a 1Malaysia Housing Project (PR1MA) effort. A statement by the Office of the Land and Mines Department Director General said PR1MA homes will be built on the 7.2ha site. “This ... Read More

In a filing with Bursa Malaysia on Tuesday, the property developer and sheet metal fabricator said its 60%-owned subsidiary and CZ (previously Consortium Zenith BUCG Sdn Bhd) had mutually terminated their sale and purchase agreement (SPA) for the 4.4252-acre (1.79ha) land in Section 1, Tanjung Pinang. They also agreed to ... Read More