GEORGE TOWN: Eastern & Oriental Bhd plans to develop residential and commercial projects worth RM25bil over the next 20 years for Seri Tanjung Pinang’s (STP) second phase. And this will generate some 15,000 jobs. Group managing director Datuk Terry Tham said the ratio of commercial to residential properties for the ... Read More

GEORGE TOWN: Despite a softer property market in the first quarter of this year, Penang's residential sector has continued to claim the lion's share, or 75 per cent, of the total 5,756 properties transacted. A research report by Henry Butcher Malaysia Penang shows that the total number of properties transacted in ... Read More

Investment analysts reassured by this statement although they are cautious about potential Budget 2014 announcements. Bank Negara Malaysia (BNM) will not introduce new measures to curb household debt as the current ones are sufficient and have produced the expected results, said Governor Tan Sri Dr Zeti Akhtar Aziz (pic) yesterday ... Read More

Imagine if a regulatory body decided to limit the number of durians purchased by each individual in order to lower the price of durians so that everyone would have the chance to taste the King of Fruits. What would happen? If this campaign was successful to the point that prices ... Read More

Camellia Park Condominium, another residential tower within the bustling township of Raja Uda in Butterworth, Penang.  This development is strategically located with easy access to schools, markets and eateries. Property Project : Camellia Park Condominium Location : Raja Uda, Butterworth, Penang Property Type : Residential Development Built-up Area: 1,108 sq.ft. - 1,754 sq.ft. Developer : ... Read More

Casa Iris, a mixed development by Oriental Max Group in Bukit Mertajam, Penang. This development is strategically located a long Jalan Berapit with easy access to Butterworth-Kulim Expressway (BKE) & North-South Highway. School and shopping center are within short driving distance from Casa Iris, and Butterworth Town Center is only 10 ... Read More

GEORGE TOWN: The Wet World Wild Adventure Park (WWW) in Batu Ferringhi will soon be the place to go. Touted to be the first open sea water adventure park in Asia, WWW is a project by Theme Park Concepts and Services Sdn Bhd (TPCS) and supported by the Penang Global ... Read More

GEORGE TOWN: Contractors, some with links to triads, are forcing buyers of high-rise property here to carry out renovation works. Many of them charge a premium, sometimes up to 20% more than normal contractors. If the buyers insist on hiring contractors from outside, they are compelled into buying materials such ... Read More

THE Penang Government will hold a Request For Proposal (RFP) for the purchase, lease and development of an international theme park and golf resort in Bandar Cassia, Batu Kawan. PDC general manager Datuk Rosli Jaafar said those who submit tenders are allowed to propose other developments to ensure the viability ... Read More

Lakeside Superlink, second phase of Jesselton Hills by DNP Land in Bukit Mertajam, Penang. This development comprises 198 units of 2-storey link houses with standard land area size of 1,725 sq.ft. onwards. Facilities 24-hour security Thematic Landscaped Parks Clubhouse Facilities Outdoor Fitness Stations Children’s Fun Place Lake Garden Designated Cycling ... Read More