Property News

New mayor’s vision for a smart city
The objective of creating a smart and intelligent city is possible with the right vision and manpower to carry out the plans, said new Penang Island City Council (MBPP) mayor Datuk Maimunah Mohd Sharif. “The focus is to increase the quality of services provided by the city council and the ... Read More

Mah Sing acquires 10.89-acre land in Penang for RM43.8m
Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil. It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively with a ... Read More

Makeover of back lanes in George Town to start next month
The goal of bringing life to under-used back lanes in George Town, Penang, is starting with the RM950,000 makeover of the one connecting Magazine Road and Gurdwara Road. The facelift would involve an 870sq m area and is being touted as a pioneer project to beautify back lanes in the ... Read More

Homes worth RM20mil left unoccupied in Penang
Some RM20mil worth of residential properties in upper class neighbourhoods of Penang island have been left unoccupied for many years, turning them into eyesores. The dilapidated buildings at Jalan Masjid Negeri and Lebuh Bukit Jambul have become dumpsites or breeding ground for mosquitoes. A woman employee of a development firm ... Read More

New Logo and Tagline for Aspen Group
Aspen Group’s iconic ‘AG’ corporate logo has been given an update alongside a new tagline to better represent the company’s core values. The updated symbol, with white against dark teal, now adorns the group’s offices and project sites alongside the words ‘Redefine Living’. It epitomises the culture that drives the ... Read More

RM17 billion approved for Bayan Lepas LRT and Pan Island Link 1
Penang government yesterday announced that a sum of RM17 billion from an estimated total cost of RM46 billion for the Penang Transport Master Plan (PTMP) project has been approved. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the RM17 billion cost included the Bayan Lepas ... Read More

Eco Horizon launching soon
Eco World Development Group Bhd had achieved total sales of RM1.705 billion as at end-May for its financial year ending Oct 31, 2017 (FY2017). The developer announced today that the group’s six projects in the Klang Valley contributed RM1.33 billion while its seven projects in Iskandar Malaysia raked in RM331 ... Read More

rapidFerry – The future Penang ferry services
The Penang government welcomes the state's ferry service being taken over by the federal government linked Prasarana Malaysia Bhd. Chief Minister Lim Guan Eng said the takeover by the largest public transport provider in the country, bodes well for the future of ferry services, in the state. He hoped that ... Read More

How To Buy Your Property For Under RM1,000 and make RM20,000 to RM60,000 A Year
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

Phase 2 of Ariza Seafront Terraces, 87% sold
Demand for quality homes remained strong despite the current soft market conditions, said Eastern & Oriental Bhd (E&O) senior general manager for group marketing and sales Wayne Wong. In April, E&O sold 87 per cent of Phase 2 of the Ariza Seafront Terraces, a seafront haven nestled within its award-winning ... Read More
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