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Hijauan Hills
Hijauan Hills, a master-planned township development by Asas Dunia Berhad at Simpang Ampat. Located on a 450 acres of rolling hills land, rising to a maximum height of 95 meters above sea level. It is adjacent to SMJK Jit Sin II (Seberang Perai Selatan), just a mere minutes drive to ... Read More
UPCOMING: Alma, Bukit Mertajam / Asas Dunia
Another proposed residential development by Asas Dunia at Alma, Bukit Mertajam. Strategically located within established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is only a mere minutes drive to AEON Mall and Tesco Hypermarket. The development comprises a mix of 2-storey bungalo, semi-detached and terrace ... Read More
Eco World plans to launch Eco Sun and Eco Horizon this year
Property developer Eco World Development Group Bhd is confident of hitting its sales target of RM4bil this year after securing more than RM900mil in the first four months of the company’s current financial year ending Oct 31, 2017. President and chief executive officer Datuk Chang Khim Wah said sales this ... Read More
Foreigners can only buy landed properties above RM3m in Penang island
Foreigners buying landed properties in Penang island can now only do so if the property is priced above RM3 million. The Penang government has agreed to halve the approval fee for foreign purchasers of some stratified properties on the island from three per cent to 1.5 per cent. The reduction ... Read More
Ariza Seafront Terraces – Final Phase
Ariza Seafront Terraces, the final phase of landed property development by E&O within the mature neighborhood of Seri Tanjung Pinang Phase 1. Located next to E&O's Sales Gallery, less than 5 minutes walk to Straits Quay retail marina. This development will offer 32 units of 3-storey freehold terrace homes with a standard built-up ... Read More
Property transaction fees up
The sale and transfer of property valued at RM500,000 and below will now be subjected to a 1% conveyancing fee. Taking effect today, it came about with the revision of the fee structure in the Solicitors’ Remuneration Order by the Bar Council last year. The revision, which was approved by ... Read More
1 City Shop Offices
1 City, is an upcoming mixed use development with commercial and residential components by World Corporate Construction Sdn. Bhd. at Bukit Minyak. They are located off Jalan Pinang, just a stone’s throw away from Bukit Minyak Industrial Park. This development comprises a total 102 units 2 and 3-storey shop offices ... Read More
Penang developers plan mega projects
The economic climate has not deterred developers from planning multi-billion ringgit projects in Penang. The general consensus is that the current slow period is part of the property cycle and not something sinister like the 1997/98 Asian Financial Crisis. In time, the situation will turn around and they are preparing ... Read More
UPCOMING: Sungai Nibong / Venn Harmony Sdn. Bhd.
Yet another upcoming residential development at Sungai Nibong. Proposed by Venn Harmony Sdn. Bhd., located along Persiaran Pantai Jerjak and next to SK Sungai Nibong. It's about 15 minutes walking distance from the future LRT station. This development will the construction of a mixed of landed and high-rise properties: Phase ... Read More
Komtar to have world’s tallest mural soon
Five Malaysian artists are set to make their way into the Guinness Book of Records soon for painting the world's tallest mural on Penang's Komtar tower. The World's Tallest Mural project, which is sponsored by Only World Group (OWG), will see the artists attempting to paint a colossal homage to ... Read More
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