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Orange Regency
Orange Regency, an ongoing condominium development by Tah Wah Group in Butterworth, Penang. Strategically located along Jalan Ong Yi How, just a short drive away from SMJK (C) Chung Ling. The residential component of this development comprises a 12-storey building with 314 condominium units. Unit size ranging from 1,400 sq.ft ... Read More
Golden Triangle 2
Golden Triangle 2, strategically located next to The Golden Triangle, within minutes from major amenities such as Bayan Lepas FTZ, 1st and 2nd Penang Bridge, sPICE, hypermarkets, hospitals and schools. This mixed development comprises a 38-storey residential tower with 406 condominium unit. It also comes with 129 units of commercial ... Read More
Another milestone for builder in Penang
The Eco World Development Group Berhad (EcoWorld) continues to strengthen its presence in Penang with the opening of its sales gallery in Jalan Paya Terubong — the second one in the state. Visitors were clearly impressed with its show units that maximise the impression of space and glamour. Soon after ... Read More
Second phase of Light Waterfront project to be completed by 2022
IJM Land northern region senior general manager Datuk Toh Chin Leong said the group and Singapore-based Perennial Real Estate Holdings Ltd (PREH) had teamed up to acquire and develop the freehold waterfront project with a gross development value of RM4 billion. "The 13.26-hectare site in Gelugor will be developed into ... Read More
Helping the poor own houses
Buying home is typically the largest and most complicated financial commitment most people will ever make”. This is the phrase used whenever there is talk of homeownership and it applies to low-income households, too. First-time buyers face many barriers, one of them being the burden of monthly payments, having enough ... Read More
Titijaya acquires Penang land to develop RM2.6 bil development
Titijaya Land Bhd obtained shareholders’ approval to acquire about 23 acres of leasehold land in Batu Maung, Penang to build a mixed-use development after its extraordinary general meeting (EGM) here today. The land is located within 1.5km from the Sultan Abdul Halim Mua’dzam Shah Bridge (the Second Penang Bridge). The ... Read More
Eco World to launch first Penang project next month
Eco World Development Group Bhd (EcoWorld) is expected to launch its first project in Penang, Eco Terraces condominium, in mid-June. “Apart from being the first project for the group in the northern region, we believe Eco Terraces will also set new standards in high-rise living here,” EcoWorld president and CEO ... Read More
Penang Island vs Mainland (Part 4) – Population
Population Population growth comprises two basic components - the natural population growth (birth and death), and the non-natural population growth (relocation), which by contrast may occurs quickly and unexpectedly. With natural population growth, developers can react accordingly to the market demands. They are able offset anticipatable demand by providing more ... Read More
Avenue Garden @ Pearl City
Avenue Garden Serviced Apartment, the upcoming high-rise development by Tambun Indah in Simpang Ampat, Penang. It is strategically located in the heart of Pearl City township development, just a stone's throw away from the GEMS International School. This development comprises a 17-storey service apartment (312 units) with 5 level of ... Read More
Slow quarter for E&O
Maintain “hold” with revised target price of RM2. Excluding exceptional items of RM103 million, E&O’s fourth quarter financial year 2015 (4QFY15) core earnings came in at only RM3.4 million. This takes FY15 core profit to RM43 million, which is significantly below consensus’ and our projection as we had earlier expected a ... Read More
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