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BM Park Lane
BM Park Lane, a mixed development by Rank City Sdn. Bhd. (a subsidiary of NYH Group & Companies), within the established township of Bukit Mertajam. This development is strategically located next to Jalan Ciku, opposite Ng Yam Huat food court. It is just a few hundreds meters away from Sunway ... Read More
8 million more houses needed in Malaysia
My attention was captured by a news entitled “The only place where housing is easily affordable” when reading The Times, a UK paper recently. While I had expected some light on affordable housing solutions, I was surprised to find out that Copeland is the only area in England where house ... Read More
US firms choose Malaysia
Malaysia is now the choice location for US companies that want to diversify in Asia. Deputy chief of mission of the US Embassy in Kuala Lumpur Edgard D. Kagan toldStarBiz that there were also companies in China that wanted another location in Asia to set up a platform. “They are looking ... Read More
OPR likely to remain unchange
Bank Negara is expected to keep the Overnight Policy Rate (OPR) unchanged at 3.25% in light of the risks and uncertainties surrounding the global economy. Bank Negara’s Monetary Policy Committee (MPC), which is meeting for the sixth and last time for this year, will decide on the OPR today. Of ... Read More
Pegasus Garden CityHome
After the successful sales of Pegasus Residence, Pegasus Homes Sdn. Bhd. is launching phase two of their residential development, known as Pegasus Garden CityHone. This development is adjacent to Taman Kerjasama in Bukit Tengah, Penang. This is a gated and guarded development, comprising 88 unit of 3-storey 1+1 townhouse. Upper ... Read More
Will housing prices ever come down?
by Ken Lim Recently I met up with a friend who is a retiree, owning a semi-detached home in the vibrant neighbourhood of Island Glades. His house could easily fetched more than two million ringgit in today's secondary market. His daughter now is contemplating to purchase a new property while ... Read More
Penang may freeze new development projects
The Penang government is considering a freeze of new development projects in Sungai Relau and Sungai Ara area until a detailed study on storm water management is carried out. This comes on the heels of flash floods hitting many parts of Bayan Baru and Relau here on Wednesday, the worst ... Read More
Seminar raises more questions about the state of property sector
Two common questions on the local property market... Will house prices ever come down? Is it better to buy now before GST? While speakers at the 24th National Real Estate Convention, comprising an economist and a few property consultants, try to provide some form of answers, new questions have cropped ... Read More
How safe are G&G communities?
The oldest and strongest emotion of mankind is fear’. – H.P. Lovecraft MUCH has been written recently on the mushrooming of gated and guarded (G&G) developments in Malaysia. Many of these developments have been the result of the steadily deteriorating state of security in our communities with regular reports of ... Read More
Aster @ Taman Pantai Indah
Aster @ Taman Pantai Indah, a residential development by Chong Company Sdn. Bhd. at Sungai Nibong. Comprises 14 units of 3-storey linked houses with built-up area from 4,100 sq.ft. onwards. Each house comes with 5 + 1 bedrooms and 5 bathrooms, internal courtyard, private back garden and optional private lift ... Read More
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