Property News
Board: Council has no power
GEORGE TOWN: The approval for a hillside development project in Sungai Ara given by the Penang Municipal Council (MPPP) is invalid, the Penang Appeals Board heard. Counsel Datuk Lakhbir Singh Chahl, who is representing Sungai Ara residents who are against the project, raised a preliminary objection on the ground that ... Read More
Green plans for landfill
GEORGE TOWN: The state government has made plans to turn the Jelutong landfill into parks and a site for mixed development projects. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said the plans would be carried out through a proposed landfill mining and reclamation (LFMR) process. He ... Read More
Council OK needed for extensions
RESIDENTS must apply for a permit from the Penang Municipal Council (MPPP) before carrying out extensions or changes to the house structure. They are also required to submit their extension plans in accordance with the council’s building plan guidelines for approval, said MPPP councillor Tan Seng Keat. “We want the ... Read More
Big boom at property fair
GEORGE TOWN: The Star Property Fair 2012 ended with a bang with six major exhibitors from Penang and Kuala Lumpur generating some RM100mil in sales. About 35,000 visitors turned up for the four-day fair, which ended yesterday. Most of the properties sold were high-rise units on the island priced from ... Read More
RM6.5b projects planned in Penang
KUALA Lumpur and Penang-based developers are planning to execute some RM6.463bil worth of residential and commercial properties on the island and mainland in the second half year and 2013 despite the tightening of housing credit by banks and a gloomy global economic outlook for the future. SP Setia Bhd (RM2.563bil ... Read More
Excellent outlook for Penang property market
THE rising property market in Penang is due to the current demands for properties with facilities and amenities. Penang Master Builders and Building Materials Dealers Association executive advisor Datuk Finn Choong said because of the current level of expectations among buyers, the prices of properties were now trending upwards. “As ... Read More
Penangites cash in
MOST of the visitors who have purchased properties at The Star Property Fair 2012 are Penangites, who are attracted to property priced below RM1mil. IJM Land Bhd senior manager (sales and marketing) Patsy Lee said the group had locked in RM12mil worth of sales for the first day. Some RM7mil ... Read More
Property fair gets off to a good start
GEORGE TOWN: The Star Property Fair 2012 got off to a good start with exhibitors expressing surprise over the big turnout of visitors despite it being a weekday. Many exhibitors said they received enquiries and even closed sales within the first two hours of the fair’s opening at Gurney Plaza ... Read More
Top class selection
A COUPLE drove all the way from Ipoh just to check out the selection of top property at the Star Property Fair 2012 at Gurney Plaza and G Hotel in Penang. Casino operations assistant ma-nager Ng Boon Ping, 42, and his wife Chow Yeng Yeng, 40, did not mind driving ... Read More
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
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