PETALING JAYA: Malaysia does not foresee a property asset bubble in the near future unlike China, Hong Kong and Singapore, which have such concerns. Housing and Local Government Minister Datuk Chor Chee Heung said that many local developers were still rushing to submit their applications for various projects. “No, I don't think ... Read More

GEORGE TOWN: The Natural Resources and Environment Ministry has decided to hand over the e-Tanah electronic land administration system to the Penang Land and Mines Office, Minister Datuk Seri Douglas Uggah Embas said on Thursday, Oct 13.He said the handover will be carried out in stages and the process is ... Read More

Orange Villa is a gated and guarded development, a prime residential enclave beckons with its 124 units of terraces, 16 semi-detached and two bungalows. This housing scheme is located just off the ever bustling Jalan Song Ban Kheng, Bukit Mertajam.  Within walking distance to schools and other public amenities, and a ... Read More

GEORGE TOWN: The Penang Municipal Council (MPPP) has officially re-zoned four localities on the island from residential to commercial status. Penang Municipal Council (MPPP) planning committee alternate chairman Felix Ooi Keat Hin said that be- tween 2009 and last year, MPPP had completed its study on the re-zoning of Gurney ... Read More

Orange Avenue comprising 61 units of three-storey shop offices promises a fascinating selection of dining, entertainment and retail possibilities. Strategically situated in Bagan Ajam, Butterworth, the development is framed by thriving neighbourhoods and come with contemporary architectural design, high ceiling and four private parking bays per unit as well as ample ... Read More

Kuala Lumpur: The Securities Commission (SC) has ruled that Sime Darby Bhd does not have to make a general offer (GO) for the shares in Eastern & Oriental Bhd (E&O), which it does not own. Trading in Sime and E&O shares were halted in the first half of trading yesterday ... Read More

Orchardia is a new residential development located along Jalan Balik Pulau, within the established township of Balik Pulau, Penang. This development comprises 95 units of 3-storey terrace and 4 units of 3-storey semi-detached houses. Property Project : Orchardia Location : Balik Pulau, Penang Property Type : 3-Storey Terrace & Semi-D Tenure : Freehold Total Units : ... Read More

With the supply of land-bank getting scarce in the Klang Valley, it’s not surprising to see developers expanding their presence in “not-so-prime” locations. This was evidenced as recently as last week, when SP Setia announced it was acquiring a RM381.2mil plot of land in Rinching, located mid-way between Semenyih and ... Read More

OPPORTUNITY may present itself for house buyers looking for properties in the secondary market especially in prime areas, with the property market going through a soft patch, dampening sentiments of speculators. “We have not detected any downward trend in prices yet, in fact prices are still on an upward trend ... Read More

 Affordable housing: Filepic of low-cost homes in Kepala Batas. THE Government?s move to help first-time house buyers to purchase homes priced up to RM400,000 will prompt developers to introduce more affordable housing. Under the Budget?s proposal, first-time buyers with a combined in-come of about RM6,000 will be eligible for loans ... Read More