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E&O subsidiary gets conditional go-ahead for Phase 2 reclamation in Penang
Eastern & Oriental Bhd’s subsidiary has received the conditional approval letter from the Department of Environment (DOE) for its proposed reclamation of Phase 2 of Seri Tanjung Pinang in Tanjung Tokong, Penang. It said on Monday the approval letter given to Tanjung Pinang Development Sdn Bhd (TPD) was for the ... Read More
Delima Emas Condominium – Official Launch (19 April)
THE PROJECT Developer E.W. & Associates Sdn. Bhd., having successfully completed some 1,200 units of affordable residential units at Taman Seri Delima launch yet another affordable housing project. This latest launch consists 198 of condominium units - Condo Delima Emas - covering 2 tower blocks that is annexed to a ... Read More
Eco Terraces
Eco Terraces, a gated and guarded development by EcoWorld in Paya Terubong, Penang. Located on a 12.79 acres landscaped ground, with only 30% of the land used for development. It comprises 333 condominium units with sizes ranging from 1,095 sq.ft. - 2,008 sq.ft. Eco Terraces’ clubhouse boasts comprehensive services including ... Read More
Goods & Services Tax and the Property Investor
* Article by Richard Oon * While presenting the recent Budget 2014, Prime Minister Datuk Seri Najib Razak announced the introduction of the Goods and Services Tax (GST) and when enacted, GST will be effective from 1 April 2015 and standard rated supplies will be subject to GST at a ... Read More
Y-Storey
Y-Storey, a 19-storey residential building by Yeangs Sdn. Bhd. within the established township of Pulau Tikus, Penang. It is strategically located at the junction of Jalan Burmah and Jalan Bagan Jermal, comprises 90 units of SOHO, 2 & 3-bedroom apartments. It also has an upmarket restaurant within the refurbished heritage house ... Read More
As we wait, properties may become harder to afford
I recall reading a letter written to the editor of a popular daily which caught my eye. The man related the story of the advice given by his grandfather and father about getting onto the house ownership ladder as early as possible. He was a young man, a fresh graduate ... Read More
Boot tenants out or face court action, Penang tells low-cost homeowners
Low-cost homeowners must evict their tenants and move into the units themselves within the month or face possible jail time, the Penang government warned today. Housing development state executive councillor Jagdeep Singh Deo told the owners that renting out the homes is a breach of their low-cost housing contracts. “So, ... Read More
One voice against rates
RESIDENTS of the One World and One Sky condominium blocks in Bayan Baru, Penang, are disputing the annual property value (APV) fixed for their units by the Penang Municipal Council (MPPP). One World chairman Brandon Oon, representing the owners of all 538 units of both blocks, said the APV of ... Read More
Taman Villa Permai
Taman Villa Permai, a gated and guarded housing scheme by Cheng Hoon Development in Butterworth, Penang. This development is strategically located along Jalan Ong Yi Haw, only a stone's throw away from SMK Bagan Jaya and Chung Ling High School. Comprises 5 units of bungalow and 58 units of semi-detached ... Read More
Enclave Seaview Residences
Enclave Seaview Residences, strategically located along the famous tourist belt of Batu Ferringhi in Penang. It boasts a Mediterranean-inspired village concept with 87 luxurious hillside villas, overlooking a long stretch of golden sands. Designed by a French architect, these majestic villas offer grand living spaces and unobstructed views of the ... Read More
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