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Highrise high density guidelines being finalised
GEORGE TOWN: The state government has clarified an online posting by blogger Anil Netto that the Penang Municipal Council (MPPP) has frozen high-rise density development. Instead, State Local Government and Traffic Management Committee chairman Chow Kon Yeow said the guidelines for developers who want to build 87 units of houses ... Read More
City status is our right Miscommunication shouldn’t be an obstacle
THE George Town city status is both the heritage and right of Penangites, according to Penang Heritage Trust (PHT) president Khoo Salma Nasution. She said the city of George Town was a flourishing democracy in the 1960s and many citizens who had “tasted” that would like to see their “basic ... Read More
UDA plans more talks with Govt on funding for build-and-sell
UDA Holdings Bhd plans to further negotiate with the Government to provide funding for the build-and-sell housing initiative. Chairman Datuk Nur Jazlan Mohamed argued that if the company was to develop property based on the build-and-sell concept without any aid from the Government, it would tremendously hurt its cashflow. “Discussions are ongoing ... Read More
Strata Bill needs work
THERE is no doubt that the quality of life of Malaysians living in flats, apartments and condominiums can be improved. Part of the problem is poor management. As such, it is commendable of the Housing and Local Government Ministry to introduce a new law to improve management. The Strata Management Bill ... Read More
Penang property prices soar
PETALING JAYA: Property prices have shot up by about three-fold in Penang because of an increase in surcharges imposed by the Pakatan Rakyat-led government, claimed a former council official. According to former Penang Municipal Council's Town Planning Department acting director Khoo Boo Soon, the additional cost imposed on developers were eventually ... Read More
Beverly Heights
Beverly Heights, a luxury gated and guarded development located within Bukit Gambier township. Comprises 17 units of 3-storey bungalow houses selling from RM4.5 million onwards. Project Name: Beverly Heights Location : Bukit Gambier, Penang Property Type : Bungalow Total Units: 17 Land Tenure: Freehold Indicative Price: RM4,500,000 onwards Developer : Metrio Development Sdn. Bhd. Location Map: ... Read More
RM640mil business park
TAMBUN Indah Land Bhd will develop the RM640mil Pearl City Business Park on 107 acres in Simpang Ampat in early 2013, the biggest commercial centre in the northern region. Phase one of the project comprises a tenant-mixed control leisure mall with food and beverage and retail outlets, a karaoke and a ... Read More
D’Mansion
D'Mansion, an upcoming low density development by Mansion Properties Sdn. Bhd. in Bukit Dumbar, Penang. It is strategically located along Jalan Bukit Dumbar, within minutes walk to Dumbar Park. Property Name: D'Mansion (Formerly known as J Suites) Location : Bukit Dumbar, Penang Property Type : Residential Land Tenure : Freehold Developer : Mansion Properties Sdn. Bhd. Contact No.: ... Read More
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
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