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Malton unit to develop Penang land
PETALING JAYA: Property firm Malton Bhd's wholly-owned subsidiarySilver Setup Sdn Bhd (SSSB) has entered into a joint-development agreement with Batu Kawan Development Sdn Bhd to jointly develop a 300-acre piece of land in Batu Kawan, Penang into a mixed commercial and residential development with a gross development value of RM3.8bil. Malton told Bursa Malaysia ... Read More
86 Avenue Residences
86 Avenue Residences, strategically located within the bustling neighbourhood of Jelutong, Penang. With easy access to Georgetown, Tun Dr. Lim Chong Eu Expressway and Penang Bridge. This freehold development comprises 96 units of semi-detached concept apartment with 8 units on each floor. Three layout designs to choose from with sizes ... Read More
Affordable housing – let it be a reality not fallacy
DURING the major festivals in this country, we see the authorities conduct vigorous enforcement activities on various price-controlled food items. This is to prevent unscrupulous traders from exploiting the situation by increasing prices of what are deemed as essentials. Sometimes they even secretly stock up such items to create artificial ... Read More
Taman Pasir Indah
Taman Pasir Indah, strategically located within Sungai Dua township in Butterworth. This residential development by Oriental Max Group comprises 165 units of 2-storey terrace, 28 units of 2-storey semi-detached and 5 units of bungalow houses. Property Project : Taman Pasir Indah (Pasir Indah Residence) Location : Sungai Dua, Butterworth, Penang Property Type : ... Read More
Builders plan to have second Penang bridge 90% ready by year-end
CONSTRUCTION on the second Penang link is surging ahead of schedule with 84.35% of the massive project completed. Jambatan Kedua Sdn Bhd construction director Hamizol Ngah said as of Sept 20, work was 2.45% ahead of plan. “We are two months ahead of schedule from the September 2013 deadline. “We ... Read More
Developers say impact of increased RPGT not significant
KUALA LUMPUR: The increase in real property gains tax (RPGT) announced in Budget 2013 will not have significant impact on the property sector, according two developers. Budget 2013 proposed a rise in RPGT from 10% to 15% for properties sold within the first two years and from 5% to 10% ... Read More
Orange Villa 2
Orange Villa 2, second phase of gated and guarded residential development by Tah Wah Land next to Jalan Song Ban Kheng, Bukit Mertajam. Comprises 12 units of semi-detached and 62 units of terrace houses. 3-storey Terrace Standard land area: 22 x 73.5 ft. Standard built-up area: 22 x 42 ft. Total ... Read More
Budget 2013: Housing & Property
The Government acknowledges that comfortable and affordable housing is the most important basic necessity for the rakyat. The Government is committed in ensuring that the rakyat has the opportunity to own a house. This is not only an economic imperative, but also a moral imperative for a responsible Government. Therefore, ... Read More
Keeping our property market robust
SOME analysts have already downgraded the property sector amid speculations that Budget 2013 will implement tough measures on the industry. Soaring property prices are on most people’s minds but any steps taken to counter this may not be positively viewed by industry players. Yet, public outcry has been loud and ... Read More
Seri Delima Residences
Seri Delima Residences, strategically located within Juru township in Penang, a mere minutes drive from North-South Highway Interchange and Juru Auto-City. Featuring 200 apartment units with 24-hour security, access card system and swimming pool. The details of this project will be updated soon. Property Project : Seri Delima Residences Location : Juru, ... Read More
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