Hunza Properties Bhd's pre-tax profit for the fourth quarter ended June 30, 2011 fell to RM10.94 million from RM20.26 million in the same period last year. Its revenue declined to RM46.79 million from RM73.39 million previously, driven by lower sales and sales mix of the group, it said in a ... Read More

Escape Penang, the up-coming eco-friendly theme park located in Teluk Bahang, Penang. Sim Leisure has been granted the approval from local authorities to start the project and the construction work is planned to begin early September 2011. The theme park would have five components - fun hotel, water park, active park, ... Read More

A THREE-day carnival will be held at Autocity in Juru, Penang, in conjunction with the National Day.The 2011 Glanz Merdeka Living Green, Beauty and Health Carnival will be held there from 4pm to midnight daily from Aug 30 to Sept 1.It is organised by Junior Chamber International (JCI) Butterworth City ... Read More

KUALA LUMPUR: Nadayu Properties Bhd aims to launch three projects worth a combined RM1.5 billion in the Klang Valley and Penang from next month to grow itself and build its branding. "We are upbeat on the market. We plan to have a good following and grow the company's net profit ... Read More

Idaman Lavender 2 is a medium cost apartment development by Koperasi Tunas Muda located in Sungai Ara, Penang. It comprises single block of 11-storey building with 176 apartment units. Property Project : Idaman Lavender 2 Location : Sungai Ara, Penang Property Type : Apartment Tenure : Freehold Built-up Area: 750 sq.ft. Total Units : 176 Developer : Koperasi ... Read More

BELLEVIEW Group will open Penang’s first strip mall, the RM200mil All Seasons Place, in early 2012 in Bandar Baru Air Itam. Its group managing director Datuk Sonny Ho said strip malls were popular found in countries such as the United States, Canada and Australia. “Strip malls are owned by a ... Read More

GEORGE TOWN: About 7,300 affordable residential units will be built in the Batu Kawan ‘People’s Housing’ project. Chief Minister Lim Guan Eng said the units would be built on 80.9ha of land in the new Bandar Cassia satellite township. “We will call for an open tender soon to try to ... Read More

SUBANG JAYA: IJM Land Bhd, the property arm of IJM Corp Bhd, is confident of a good 2011 despite a challenging year brought about by the global economic slowdown and European debt crisis. IJM Land chief executive officer and managing director Datuk Soam Heng Choon said despite a slowdown in ... Read More

BUTTERWORTH: The 44-year-old Butterworth Railway Station will soon be pulled down to make way for a multi-million-ringgit state-of-the-art replacement. The old station was officially closed on Aug 5 and is now replaced with a temporary station located about 30m away, next to the KTM Bhd (KTMB) parcel office. When contacted ... Read More

An artist impression of Suiwah's Group new RM1bil mixed-development project in Bandar Baru Air Itam.  TWO main board listed companies are launching approximately RM2.131bil worth of property on Penang island from the fourth quarter 2011 until next year-end. SP Setia Bhd is lining up residential properties with an estimated gross ... Read More