Property News

Fresh new look for flats
SOME 1,300 residents of Taman Emas high-rise flats in Teluk Kumbar in Penang got some cheer upon coming home to find their blocks had been given a fresh coat of paint. The surau of the flats was also upgraded. It was furnished with new carpets and curtains and it was ... Read More

Condo project specially designed to infuse modern living with nature
BSG Property’s latest offering of Raffles Tower combines contemporary architecture with the natural environment to create a ‘resort living in the sky’ concept towards a holistic lifestyle. Located in Bukit Gambier, Penang, the 29-storey freehold condominium embraces the best that Mother Nature has to offer while featuring spacious modern family ... Read More

The masterpiece of BM Utama
DNP Land will launch its newest architectural gem — The Sentinelle Ville @ BM Utama, a luxurious collection of 66 three-storey semi-detached homes — at the Star Property Fair 2012 in Penang. Its general manager K.C. Tan said the latest project was being launched in response to demand from purchasers ... Read More

Plans for AWLU project to go ahead, says CM
GEORGE TOWN: The Penang government will stand by its decision to acquire a 40ha plot of land for the construction of a higher education institution for women in Balik Pulau. Chief Minister Lim Guan Eng said the Asian Women Leadership University (AWLU) had been offered alternative sites but the latter ... Read More

MPPP chief clears the air
PETALING JAYA: The Penang Island Municipal Council (MPPP) has had to approve 19 projects after 2008 because they were deemed as special projects “that could not be rejected” despite exceeding the 76m height limit. MPPP president Patahiyah Ismail denied that she had contradicted ChiefMinister Lim Guan Eng on the controversial hillslope development issue ... Read More

Luxury stands tall
THE towering icon of luxury, Setia V Residences, is set to transform the Gurney Drive skyline and redefine urban living with its exclusive selection of spacious, luxury condos in the sky. Nestled on one of the last remaining parcels of land along the fa-mous waterfront in Penang, the RM550mil project ... Read More

Residential project in Batu Maung to feature green elements
THOSE looking for a green haven away from the hustle and bustle of city life should consider Sunway Cassia in Batu Maung. Developed by Sunway Berhad, the sprawling, freehold residential project spans 9.36ha (23.13 acres) and is strategically located near the second Penang bridge and the Penang International Airport. According ... Read More

Penang more than an island
PENANGITES living on the mainland have called on the authorities to correct the misconception that the state comprises only an island, excluding the mainland part of the state. Health counsellor Sanjay C.S, 38, and Universiti Sains Malaysia (USM) doctorate student Shamsher Singh Thind, 34, said it was disappointing that the ... Read More

1,320 units of LMC and MC flats to be built
GEORGE TOWN: Eligible folk will now be able to own a 700sq ft low medium-cost (LMC) flat in the city. A total of 1,320 units of LMC and medium-cost (MC) flats will be built on a 2.91ha land in Jalan S.P. Chelliah under the state’s People’s Housing Project (PPR). Komtar ... Read More

Where land is scarce, the sky’s the limit
IMPACTED by high-land cost in Penang, Ivory Properties Group Bhd will focus on building high-rise properties on the island. Group chairman and chief executive officer Datuk Low Eng Hock says the price of landed properties may be beyond the affordability of most due to exorbitant land prices. ”We hardly come by a big parcel ... Read More
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