GEORGE TOWN: Ivory Properties Group Bhd is expecting approval from the Penang Development Corporation (PDC) this week for its proposed RM10 billion "Penang World City" project at Bayan Mutiara. Executive director Murly Manokharan said yesterday the development was expected to incorporate, among others, medical facilities, Grade-A offices and both high-end ... Read More

Carissa Villas, a low-density gated and guarded development by Tambun Indah. Located at Bagan Lallang at the centre of fast growing Raja Uda Township and near to the renowned Chung Ling High School, SRJK Kwang Hwa, wet markets, Sunway Carnival, banks & other amenities. Its strategic location & established infrastructure provides ... Read More

THE Penang Development Corporation (PDC) Properties has successfully completed the construction of 715 low to low medium-cost housing units in Sungai Dua. PDC Properties chief executive officer Phan Gaik Cher said the development cost of the project was about RM80mil. “Construction started in early 2009 with a targeted completion date ... Read More

THE Penang Regional Develop-ment Authority (Perda) will build 238 low-cost units for the poor at Kampung Tok Subuh in Bukit Minyak, Bukit Mertajam. Construction will start soon and the project is expected to be completed in two years. Perda chairman Datuk Azhar Ibrahim, who is also Penang Umno secretary, said ... Read More

CAPITALAND Commercial (M) Sdn Bhd, an indirect wholly-owned subsidiary of Singapore’s CapitaLand Ltd, is actively looking for potential land in prime locations in the Klang Valley and other key cities in Malaysia for more property developments.Its vice-president of project and asset management Lim Chee Ming says the company’s long term ... Read More

PETALING JAYA: After posting a stellar set of results, UEM Land Holdings Bhd is on the prowl again to expand its land-bank in other locations and diversify geographically in Malaysia and also regionally.“Our business development division has been very busy with regional expansion, and we like what we see in ... Read More

PETALING JAYA: Dijaya Corp Bhd’s majority shareholder, Danny Tan Chee Sing is injecting his personal assets into flagship property company, Dijaya, to enlarge the size of the company and unlock further value for shareholders, said sources close to the company.These personal assets are currently privately held by Tan and consists ... Read More

Environmentalists and green champions must be applauding the lower number of cars that have been sold since Bank Negara’s latest directive to banks to disburse the quantum of household loan based on a borrower’s net income instead of gross income.Since Jan 1, banks have to use net income instead of ... Read More

The trend of developing residential properties priced between RM200,000 and RM400,000 is picking up in Penang, a state where property prices are second highest in the country after Kuala Lumpur.Tambun Indah Land Bhd, PLB Engineering Bhd, Ideal Property Development Sdn Bhd, and Belleview Group are some of the Penang-based developers ... Read More

Sunway Wellesley is Sunway's latest integrated development of residential and commercial properties here in Bukit Mertajam, Penang. At Sunway Wellesley, the residents here will enjoy enhanced modern living in a place familiar to them. The landscape will be changed to meet the move of urban trends, where modern and contemporary architecture ... Read More