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Penang BN chief: I have proof land sale was not via open tender
GEORGE TOWN: Penang Barisan Nasional chief Datuk Zainal Abidin Osman has produced a document which he claims proves that the Bayan Mutiara land sale was not done via open tender. He has asked Chief Minister Lim Guan Eng to keep his word and retire from politics. At a press conference ... Read More
Batu Kawan to rival Bayan Lepas
BUTTERWORTH: Batu Kawan, once a rural swampland of oil palm estates, is set to become the next Bayan Lepas, Chief Minister Lim Guan Eng said. He said three major investments from Robert Bosch, Boon Siew Honda and VAT Manufacturing Malaysia totalling about RM10bil in Batu Kawan would have spillover effects ... Read More
Avenue offers new way to invest in properties
AVENUE Properties Bhd has introduced a scheme for retail investors to buy interests in properties. The company launched yesterday Avenue Hotel Property Interest Scheme, offering 10,500 property interests or units where 70 per cent are available for the public to buy at RM4,800 each. Chief executive officer Richard Woo said ... Read More
Penang, Johor growth spurs Dijaya
PETALING JAYA: Dijaya Corp Bhd wants to build up its market presence in Johor and Penang, and expects to see a bigger contribution from the two growth markets. Although the central region of Selangor is still the biggest contributor accounting for more than 70% of the company’s sales and bottomline, ... Read More
E&O unveils Andaman sea-facing condos
Malaysia-listed premier lifestyle property developer Eastern & Oriental Bhd (E&O) has announced the official launch of Andaman at Quayside, luxurious Andaman Sea-facing condominiums touted to be the finest on Penang Island.%9Andaman at Quayside is sited on 8.5 ha. of the final, most-prime plot onE&O’s acclaimed world-class masterplanned development, Seri Tanjung ... Read More
Project to get off launch pad
Eastern & Oriental Berhad (E&O) is launching the RM1.2bil Andaman at Quayside project at Tanjung Seri Pinang, Tanjung Tokong, on Saturday. E&O (Penang) marketing and sales head Christina Lau said that to add flavour to the launch, a special observation platform had been constructed at the 2.5ha project site for ... Read More
Slower high-end property sector
PETALING JAYA: The Malaysian Institute of Estate Agents (MIEA) expects a slowdown in the high-end residential property sub-sector this year as potential buyers are likely to maintain a cautious approach in light of the economic uncertainties in Europe and the United States.“There is a lot of caution now due to ... Read More
Taman Seri Juru
Taman Seri Juru, strategically located within the established township of Juru, Penang. 5 minutes drive to True Light primary school and 10 minutes away from Jit Sin High School. This project comprises 70 units of terrace and 24 units of semi-detached houses. Location : Juru, Penang Property Type : 2-Storey Terrace and ... Read More
Taking a closer look at the build-then-sell concept
AFTER my last article on the beauty of having both build-then-sell (BTS) and sell-then-build (STB) concepts, I received some feedback regarding the topic during the Chinese New Year break. It is surprising to observe the interest people have towards this issue, especially on the implications of making BTS the only ... Read More
Prestige III
Prestige III is strategically located in Balik Pulau, close to all the public amenities like new market, bus terminal, government offices, schools and also medical centre. It is 5 minutes driving distance from the town of Balik Pulau, 20 minutes to Penang International Airport, 30 minutes drive to Batu Ferringhi tourist ... Read More
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