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TF 39
TF 39, an upcoming commercial development by TF Land in Machang Bubok. It is located along Jalan Machang Bubok, comprises 39 units of 2-storey shop offices with double volume ceiling height and column-free interiors. The typical units has a built-up area of 2,260 sq.ft. Property Name: TF 39 Location : Machang Bubok, Penang ... Read More
Boost for Penang Sentral project
Malaysian Resources Corporation Berhad (MRCB) has entered into a share sales agreement with Pelaburan Hartanah Berhad (PHB) to acquire the latter’s 51% equity interest in a joint venture firm. The firm, Penang Sentral Sdn Bhd, was set up to implement the Penang Sentral project. Under the recent agreement, PHB agreed ... Read More
Iconic Maison 88
* PROJECT CANCELLED. To be updated with new plan * Iconic Maison 88, a gated and guarded development by Iconic Land in Simpang Ampat, Penang. This development comprises 88 units superlink villa and 10 units of 3 1/2 storey semi-detached shop office. The shop offices are called Iconic Point. Property Project : Iconic ... Read More
SP Setia plans more projects in Penang
SP Setia Bhd plans to build more varieties of affordable houses over the next five years on Penang island that are within the income levels of Penangites. Its general manager Khoo Teck Chong told StarBiz that over the last couple of years, the pricing of properties in Penang, on the ... Read More
Worry not over leasehold property
Owning a leasehold property should not be a concern for first-time housebuyers if they intend to stay there. Lawyer Chris Tan says chances are high that these buyers will ‘upgrade’ by moving into a bigger house in the next 10 years. He said houseowners could just renew the lease by ... Read More
Developers want incentives too
The state government should look into allowing special privileges for developers involved in affordable projects to pay preferential premium and levies to the state authorities. Raine & Horne Malaysia senior partner Michael Geh said this would further enhance the smooth delivery of affordable housing projects in the state. “There will ... Read More
The Prime Residence
The Prime Residence, strategically located along Jalan Paya Terubong, opposite Alpine Tower in Relau. This is a 25-storey residential tower by Universal Class Sdn. Bhd. It comprises 76 condo units with standard unit size of 1,410 sq.ft. This development comes with a sustainable vertical garden and the building is designed ... Read More
Penang embarks on RM27b transport masterplan with MRT, trams, water cabs
Penang is looking for a partner to roll out its massive RM27 billion transport master plan that will integrate both land and sea networks, including an MRT system, to link both the island and mainland halves of the state. The state will call an open tender from August 15 to ... Read More
No such thing as shortcuts to affordable housing
Recently a syndicate 'guaranteeing' applicants and home buyers of affordable housing by asking for monetary compensation of RM10,000 to RM30,000 has caught the attention of developers and the state government. Aspen Group has received multiple complaints from the public that they have received phone calls from a syndicate demanding a ... Read More
All systems go for the fair
Preparations are in full swing for the Star Property Fair 2014 which will take place at Gurney Plaza and the adjoining G Hotel starting tomorrow until Sunday. An army of contractors were busy setting up booth structures, bringing in exhibits, and sprucing up the event venue in time for the ... Read More
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