A number of risks emerged in the first half of 2014, sending jitters across financial markets. In some developed nations, the negative sentiments of geopolitical affairs and economic uncertainties fuelled concerns of economic slowdown. Notwithstanding the uncertainties in the advanced economies, Malaysia’s gross domestic product (GDP) growth accelerated to 6.4% ... Read More

Ivory Properties Group Berhad will be showcasing several prominent projects at a four-day roadshow over the 57th National Day weekend. The developer will hold its Merdeka Property Roadshow from 10am to 10pm daily, Aug 29 to Sept 1 at the central atrium of Gurney Plaza in Penang. Ivory chief operating ... Read More

The feasibility study for the 6.5km undersea tunnel connecting Penang’s island and mainland is set to commence in January next year. Consortium Zenith BUCG Sdn Bhd chairman Datuk Zarul Ahmad Zulkifli said that if all went well, works on the tunnel would begin in 2016. He said the study would ... Read More

The Penang State government has as its top priority, the provision of affordable housing for first time Penangite house-buyers. Towards this end, and recognising that property prices in Penang have risen in the past few years, no doubt, as a result of Penang being very attractive having regards to it ... Read More

EVER come across the terms “monthly rest interest” and “daily rest interest’”? These are terms you should look out for when shopping for a loan. They are basically calculation methods used by financial institutions to charge payable interest. Before we take a look into the differences of the two, it ... Read More

And so it is true. Property consultants’ laments about the property market consolidating and transactions slowing down have now been confirmed by the National Property Information Centre (NAPIC) in their first quarter numbers for this year. Although the findings are six months backdated as it is already August, the government ... Read More

Taman Cassa Maya, a gated and guarded housing scheme by Streamsville Sdn. Bhd. in Butterworth, Penang. It comprises 12 units of semi-detached and 115 units of terrace houses with wide range of exclusive facilities and swimming pool. Call 012-481 8018 now and save up to RM68,838! Here are 21 reasons ... Read More

This month, we will explore the effects of the Goods and Services Tax (GST) on various types of properties when it comes into effect next year. Residential properties will be exempted from GST. Hence, the seller is not allowed to charge GST on the sale, lease and rental of residential ... Read More

RM5 for a bowl of curry noodles? In my day, it was 50 sen!” Sounds familiar? No doubt you hear your parents and grandparents griping about today’s prices more often than not. The reason for these price differences is simple and straightforward: inflation. We won’t go into the mechanics of ... Read More

Mah Sing Group Bhd will develop RM3.4bil worth of residential projects in Penang and Kuala Lumpur over the next five years. Group chief executive officer Ng Chai Yong told StarBiz two of the projects would be located in Penang, while another two would be in Kuala Lumpur. In Penang, Mah Sing plans ... Read More