Instead of blowing their cash on pricey gadgets, young Malaysians are saving up for their first home. While most Gen Y shy away from owning property in developed countries and big cities, demand from millennials here is still holding, especially with parents assisting them with the downpayment, Real Estate and ... Read More

Marriott Residences, a mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The proposed development comprises a new 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units: Hotel (223 ... Read More

Nautical Bay, a completed, build-then-sell condominium by OHM Group at Butterworth. It is located next to Affina Bay Condominium, about 3km away from the upcoming Penang Sentral. This development offers 28 residential units with gross built-up area of 2,152 sq.ft., and panoramic of Penang Island. There are only 2 units ... Read More

The Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners. “I noted active transactions on the secondary market with prices staying flat,” he says in presenting the ... Read More

3 Residence, a mixed development by IJM at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. Neighbouring communities include Ocean View condominium, The Spring , Nautilus Bay and The Maritime. The master plan of this development will offers a mix ... Read More

Eco World Development Group Bhd is said to be eyeing a 300-acre leasehold site in Batu Kawan for a RM6bil mixed development project to be launched next year. Sources told StarBiz that the group could fork out up to RM700mil for the property, estimated at over RM50 per sq ft ... Read More

Rena Park, an on-going development by Absm Land Sdn. Bhd. at Balik Pulau, Penang. Located next to Fragonard Garden by VST Group, about 10 minutes from Balik Pulau town center. This development comprises 35 units of 3-storey terrace houses, with 2 spacious design to choose from. All units come with a ... Read More

More options for those who are interested in affordable housing at Balik Pulau. Here is the proposal by Ion Development Sdn. Bhd., comprising a 10-storey low-rise condominium with 6 units of shoplots located at ground floor. This development is located immediately opposite South West District Police Headquarters, it between Heliconia ... Read More

The feasibility study for the controversial RM6.3 billion undersea tunnel is proceeding and expected to be done in six months' time, said Datuk Zarul Ahmad Mohd Zulkifli when correcting his statement to the contrary. The Consortium Zenith BUCG chairman today claimed he mistakenly told the media in Kuala Lumpur yesterday ... Read More

The Penang government has put a stop to the feasibility study on the proposed 7.2km undersea tunnel linking Penang to Butterworth. Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli said the company had stopped its feasibility study for the undersea tunnel following a request by the ... Read More