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Penang residential market to remain active though less buzz compared to last year
Hot spots include Batu Maung, Bayan Lepas, George Town, Tanjung Bungah, Teluk Bahang, as well as areas around five new proposed highways. “Despite uncertainties in both external global economy and internal political risks that have caused some investors to slow down in the short term, market analysts believe that the ... Read More
Secondary property market transaction value to go up
PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) is targeting the transaction value of the secondary property market to increase by between 5% and 8% this year. MIEA president Nixon Paul says: “Historically, the transaction value would increase at about that range every year.” Speaking at a press conference ... Read More
Setia Sky Vista
Setia Sky Vista, a condominium development within Setia Vista in Relau by SP Setia. Comprises two 30 & 34-storey towers that house a total of 426 residential units. These units come in built-up sizes ranging from 926 sq.ft. onwards. Property Project : Setia Sky Vista Location : Setia Vista, Relau, Penang Property Type : Condominium ... Read More
Hillside project is safe, says developer
NUMEROUS certified and qualified industry professionals have been engaged by Sunway City (Penang) Sdn Bhd in the string of planning, assessment and studies conducted to ensure the safety of a hillside development project in Sungai Ara, Penang. In a press statement issued on Friday, the developer said it had fulfilled ... Read More
Frontage
Frontage, a commercial development by UDA Land in Taman Pauh Jaya, Prai. Strategically located facing Jalan Baru, with easy access to Penang Bridge, Butterworth and Bukit Mertajam. Comprises commercial lot with built-up area ranging from 1,180 sq.ft. onwards. Property Project : Frontage Location : Prai, Penang Property Type : Commercial Built-up Area: 1,180 sq.ft ... Read More
Be forewarned: Do not sign your rights away
“THE developer says I must sign the letter to collect the keys.” How often do we hear that from house buyers? Too often. How often do house buyers know what to do when faced with such dilemma when taking vacant possession? Not often enough. Do you know the entire content ... Read More
Prai property market heats up
PROPERTY prices in Seberang Prai are expected to rise by an average of 10% this year, says Fook Tone Huat, associate director of property consultants Henry Butcher (Seberang Prai) Sdn Bhd. Fook said in an interview that the rise in prices would apply to all types of properties across the ... Read More
Prominence
Prominence, a mixed development by Bionic Development in Bukit Mertajam, Penang. It is strategically located with easy access to Penang Bridge via Jalan Baru and mere minutes drive to AEON Seberang Prai City mall in Bandar Perda. This development comprises 24 units of 3-storey shop-offices, 19 units of 2-storey shop-lots and 412 ... Read More
Vilaris
Vilaris, a gated and guarded residential development by Warisan Penang Sdn. Bhd. along Jalan Sultan Azlan Shah in Penang. It is located within Batu Uban township, next to N-park condominium. Comprises 56 units of 3-storey terrace houses with three design types to choose from. Property Project : Vilaris Location : Batu ... Read More
More Penangites air worries over sea tunnel project : Proposed third link continues to draw flak
BUTTERWORTH: Penangites continue to raise concerns that the proposed undersea tunnel project will have a negative impact on their lives, During a dialogue with Chief Minister Lim Guan Eng, environmental consultant Abdul Wahid Ghazali suggested a risk assessment study for the project, looking into possible effects caused by earthquakes and ... Read More
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