GEORGE TOWN: Developers in Penang should focus on selling homes to genuine house buyers and not speculators, said Raine & Horne senior partner Michael Geh.He said that due to speculation, house prices had increased beyond the affordability level of wage earners who made between RM3,000 and RM4,000 a month.?In the ... Read More

Capri Park is a new project by Tambun Indah located along Heng Choon Thian road in Butterworth. It is strategically located with easy access to Penang Bridge, North-South Highway and Sunway Carnival Mall. Capri Park comprises a single 15-storey condominium block with a total of 150 units. Each unit come ... Read More

Nestled at the fringe of Batu Ferringhi and within walking distance to a hosts of international hotels, restaurants and tourists enclave. Batu Ferringhi Residences offers the ultimate in luxury and wonderful pleasures of living with an uninterrupted view of the Andaman Sea. Project Name: Batu Ferringhi Residences Location: Batu Ferringhi, Penang ... Read More

Madarin Quarter is strategically located in the heart of the matured neighbourhood of Raja Uda in Butterworth. This is a secure gated & guarded community comprises 38 units 3-storey terrace houses with two modern design layouts. Each unit comes with 4-bedrooms and 4-bathrooms. Property Project : Mandarin Quarter Location : ... Read More

PETALING JAYA: Bank Negara’s move to require house buyers to pay a higher deposit seems to be weeding out speculation in the property market, some analysts said. Its monthly statistical bulletin last week showed that for fourth consecutive months since November, the number of loan applications to buy residential property ... Read More

Chief executive officer Datuk Mohd Razeek Hussain said one of its key performance indicators for 2011 is to grow the company's revenue by 20 per cent to RM1.3 billion and achieve RM150 million in profit before tax (PBT). For fiscal 2010, MRCB posted a PBT of RM97.6 million on revenues ... Read More

Canary Terrace is located at Taman Bagan Lalang in Butterworth, Penang. The project comprises 30 units of 2-storey terrace linked house. Each standard unit has a built-up area of approximately 1,720 sq.ft. and land area of 1,300 sq.ft. Every unit comes with 3-bedrooms, 3-bathrooms and a guest room. Property Project ... Read More

THE Federal Government is willing to work with the Pe- nang Government to address the long-standing traffic congestion woes on the island.Prime Minister Datuk Seri Najib Tun Razak said the Federal Go-vernment continued to place im-portance on the state although it was governed by a different political entity.“If there are ... Read More

KUALA LUMPUR: Abad Naluri Sdn Bhd is buying 126.04 acres of land in Batu Kawan, Penang from the Penang Development Corp (PDC) for RM16.75 million cash consideration.Equine Capital Bhd said on Friday, April 1, that Abad Naluri would then nominate Penaga Pesona Sdn Bhd - a unit of Equine Capital ... Read More

PETALING JAYA: Households applied for less money to buy houses in February with applications falling to RM10.26bil in February from RM12.56bil in January, but the amount applied for was 23% higher than in February 2010.For the fourth consecutive month, ever since new loan-to-value (LTV) rules for the third or more ... Read More