Penang-based property developer Asas Dunia Bhd said the Government’s blanket freeze on properties worth RM1mil and above is not the solution to the rising unsold properties in the country. Its managing director Datuk Jerry Chan said: “A blanket freeze is not practical as each location, either within a city or ... Read More

Loft 28, an upcoming commercial development located within the established township of Bukit Minyak. Located at along Jalan Bukit Minyak. This is a development by WHH Land, featuring 293 units of partly furnished serviced apartments and 7 units of shop offices. It also comes with comprehensive facilities and 24-hour security ... Read More

The capacity of Penang International Airport (PIA) will expand by almost 100% from 6.5 million passengers to 12 million, said Chief Minister Lim Guan Eng. He said this was according to a written reply by Transport Minister Datuk Seri Liow Tiong Lai to him in Parliament. The reply on Monday ... Read More

A proposed residential development by Total Vista Development Sdn. Bhd. at Bukit Mertajam. Located along Jalan Kulim, just a stone's throw away from BM Country Club. Tesco hypermarket and AEON Mall is only 10 minutes drive away via Jalan Rozhan. This development comprises a 22-storey condominium, offering 248 residential units ... Read More

The Zen, yet another mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development will see the construction of a 46-storey condominium with two residential towers, ... Read More

Yet another proposed residential development at Jelutong by Hooi Hwa Development Sdn. Bhd. Located along Lorong Madrasah, right opposite Jelutong Palace apartment. It is just a short drive away from Jalan Ahmad Nor / Tun Dr. Lim Chong Eu interchange, about 5 minutes drive to Penang bridge. This development will see the ... Read More

by Previndran Singhe I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market. When we were in university, we were told that a property bubble is usually preceded with what one calls an euphoria of buying, demand ... Read More

A proposed residential development by CST Devlopment Sdn. Bhd. at Seberang Jaya. Located along Jalan Permatang Pauh, adjacent to Taman Nalui Ria. It is only 1km away from Butterworth-Kulim expressway, just a mere minutes drive to North South Expressway. Surrounding high-rise residences include Kelisa Residence, K Residence and Primero Heights ... Read More

The Hildens, 21 storeys high and featuring modern designs with a spacious built-up. Strategically located along Jalan Kulim, this distinctive development is poised to elevate contemporary living in Tokun to new heights. It is only few minutes drive to shopping malls and close to all local amenities. The project is still pending for approval, ... Read More

The government today announced an indefinite freeze on the development of luxury properties worth more than RM1 million per unit. The freeze, according to Second Finance Minister Johari Abdul Ghani, had come into effect since Nov 1. He said Cabinet had recently scrutinised a detailed central bank report published in ... Read More