Lack of information is the reason for the current residential property overhang in Malaysia, the Real Estate and Housing Developers Association (Rehda) said today. Its deputy president Datuk Soam Heng Choon said lack of data causes developers to build in locations that do not generate demand as projected during the ... Read More

BM Idaman, an upcoming strata residential development by Metro Jelata Group in Bukit Minyak, Penang. Strategically located next to BM Utama housing scheme by DNP Land, about 5 minutes away from AEON Big hypermarket. It will takes about 15-20 minutes drive to Penang bridge. This gated and guarded development scheme will offer various ... Read More

Six developers will launch more than RM6.29bil worth of properties in the country this year amid a backdrop of property glut and rising bank interest rates. Ideal Property Sdn Bhd will launch properties with a total gross development value (GDV) of with RM550mil, IJM Land Bhd RM987mil, Mah Sing Group ... Read More

Situated in 12 acres land in the heart of thriving Seberang Jaya township, Sunway Carnival mall has established itself as a major suburban shopping mall since opening in 2007. The expansion will be implemented in phases with Phase 1 to be completed by November 2020, featuring more than 1.2 million ... Read More

The upgrading of the federal road from Teluk Kumbar to Penang International Airport in Bayan Lepas has been completed, making commuting between the two areas faster and more convenient. The RM207.7mil project included the upgrading of two overhead bridges, a four-lane 750m elevated structure from Jalan Teluk Kumbar to the ... Read More

A proposed mixed landed residential development by Hartamas Bestari Sdn. Bhd. at Kubang Semang, a small township in Central Seberang Perai district. It is just a stone's throw away from Taman Seri Mengkuang, about 15 drive from Penang Bridge via Butterworth - Kulim Expressway. This development comprises a mix of ... Read More

The Malaysian property market is expected to remain weak in the first half of this year amid flagging demand ahead of the upcoming general election, an independent property consultant said. Knight Frank Malaysia, a unit of London-based Knight Frank LLP, said the property market is expected to continue its lacklustre ... Read More

Plans to build a flyover to reduce traffic flowing from Jalan Ayer Itam towards Jalan Thean Tek in Penang are in the pipeline, said state Local Government Committee chairman Chow Kon Yeow. He added that details of the plan would be announced later. “The flyover would probably be somewhere near ... Read More

A proposed mixed development by TPPT Sdn. Bhd. at Simpang Ampat. Located adjacent to Pearl City township development by Tambun Indah Bhd., just a stone's throw away from Simpang Ampat Industrial Estate. It is under 20 minutes drive to Penang Second bridge. This development comprises a mix 2-storey terrace, clustered ... Read More

Lifestyle luxury developer Eastern & Oriental Bhd (E&O) will remain focused on completing the reclamation of Seri Tanjung Pinang Phase 2 (STP2) in Penang by the second half of this year. According to managing director Kok Tuck Cheong, land titles for areas reclaimed above two metres chart datum (CD) have ... Read More