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Runnymede Group signs MOU with Ritz-Carlton for Seafront Hotel & Residence
Niche property developer Runnymede Group of Companies (Runnymede Group) has signed a landmark MOU with Ritz-Carlton, the famed luxury and lifestyle hotel and resort brand, for the management of a luxury hotel and residency units within the Runnymede Place development in Penang, Malaysia. This nearly five-acre seafront development is located ... Read More
Garden Terraces
Garden Terraces @ Machang Bubok is a 7.2 acres residential development in Bukit Mertajam. It is located along Jalan Machang Bubok, with comprehensive amenities nearby such as schools, shops and restaurants, market and shopping malls. This development will offer 84 units double-storey link homes with 4 bedrooms. More details to be ... Read More
Mah Sing’s Southbay Sales Gallery presents a new look
Mah Sing Group Berhad (Mah Sing) celebrated the opening of its Southbay Sales Gallery at Batu Maung after closing down the lobby and outdoor landscape for renovation a month ago. The opening celebration kicked off with a ribbon cutting ceremony and lion dance performance to usher in good luck and ... Read More
Properties in new launches to be at least 5% cheaper
Following numerous calls for lower property prices, the Real Estate and Housing Developers' Association Malaysia (Rehda) has come out to say that house buyers can now expect prices to be at least 5% lower for new launches. This is partly attributable to 2.5% to 5% of savings for developers after ... Read More
Emerald Tower
Emerald Tower, an upcoming serviced residence by GTM Group near Bandar Perda in Bukit Mertajam. Strategically located along Jalan Permatang Pauh, next to the Prominence condominium by Bionic Development Sdn. Bhd. It is only 10 minutes drive to Penang bridge via Jalan Baru, just a stone's throw away from Mydin Mall ... Read More
Twin Villas @ Jesselton Hills
Twin Villas, a guarded community within the greenery-shrouded residential development of Jesselton Hills, Alma. It's only 5 minutes drive to AEON Mall, under 3km from SJKC Sin Ya primary school. This development comprises 122 units of double storey semi-detached villas, each comes with 5 bedrooms plus 1 utility room. It boasts ... Read More
73% of unsold units nationwide are affordable houses
The Housing and Local Government Ministry recorded a property overhang of worth RM22.5 billion in unsold houses nationwide, with 73 per cent of them comprising affordable houses priced at RM250,000 and above, said its minister Zuraida Kamaruddin. She said the government had discussed the matter with the Malaysia Real Estate ... Read More
Growing demand in Seberang Prai
Seberang Prai in Penang mainland has come a long way from being a sleepy cowboy town to becoming a bustling and developing residential and commercial giant. The main town in Seberang Prai, which is linked to Penang island via a 13km Penang Bridge is Butterworth. Other prominent towns include Bukit Mertajam, ... Read More
UPCOMING: Sungai Nibong / Venn Harmony Sdn. Bhd.
Yet another upcoming residential development at Sungai Nibong. Proposed by Venn Harmony Sdn. Bhd., the project located along Persiaran Pantai Jerjak and next to SK Sungai Nibong. It's about 15 minutes walking distance from the proposed Sungai Nibong LRT station. This development will offer a mix of landed and high-rise properties: Phase ... Read More
Penang CM confident Bukit Kukus Twin Highway will be built safely
Penang Chief Minister Chow Kon Yeow believes the Penang City Council (MBPP) will do its best to ensure that the construction work on the Bukit Kukus Twin Highway, Paya Terubong near here can be resumed safely. He said engineers will take a look at the design of the project and ... Read More
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