PETALING JAYA: Property prices have shot up by about three-fold in Penang because of an increase in surcharges imposed by the Pakatan Rakyat-led government, claimed a former council official. According to former Penang Municipal Council's Town Planning Department acting director Khoo Boo Soon, the additional cost imposed on developers were eventually ... Read More

Beverly Heights, a luxury gated and guarded development located within Bukit Gambier township. Comprises 17 units of  3-storey bungalow houses selling from RM4.5 million onwards. Project Name: Beverly Heights Location : Bukit Gambier, Penang Property Type :  Bungalow Total Units: 17 Land Tenure: Freehold Indicative Price: RM4,500,000 onwards Developer : Metrio Development Sdn. Bhd. Location Map: ... Read More

TAMBUN Indah Land Bhd will develop the RM640mil Pearl City Business Park on 107 acres in Simpang Ampat in early 2013, the biggest commercial centre in the northern region. Phase one of the project comprises a tenant-mixed control leisure mall with food and beverage and retail outlets, a karaoke and a ... Read More

D'Mansion, an upcoming low density development by Mansion Properties Sdn. Bhd. in Bukit Dumbar, Penang. It is strategically located along Jalan Bukit Dumbar, within minutes walk to Dumbar Park. Property Name: D'Mansion (Formerly known as J Suites) Location : Bukit Dumbar, Penang Property Type : Residential Land Tenure : Freehold Developer : Mansion Properties Sdn. Bhd. Contact No.: ... Read More

PETALING JAYA: Property firm Malton Bhd's wholly-owned subsidiarySilver Setup Sdn Bhd (SSSB) has entered into a joint-development agreement with Batu Kawan Development Sdn Bhd to jointly develop a 300-acre piece of land in Batu Kawan, Penang into a mixed commercial and residential development with a gross development value of RM3.8bil. Malton told Bursa Malaysia ... Read More

86 Avenue Residences, strategically located within the bustling neighbourhood of Jelutong, Penang. With easy access to Georgetown, Tun Dr. Lim Chong Eu Expressway and Penang Bridge. This freehold development comprises 96 units of semi-detached concept apartment with 8 units on each floor. Three layout designs to choose from with sizes ... Read More

DURING the major festivals in this country, we see the authorities conduct vigorous enforcement activities on various price-controlled food items. This is to prevent unscrupulous traders from exploiting the situation by increasing prices of what are deemed as essentials. Sometimes they even secretly stock up such items to create artificial ... Read More

Taman Pasir Indah, strategically located within Sungai Dua township in Butterworth. This residential development by Oriental Max Group comprises 165 units of 2-storey terrace, 28 units of 2-storey semi-detached and 5 units of bungalow houses. Property Project : Taman Pasir Indah (Pasir Indah Residence) Location : Sungai Dua, Butterworth, Penang Property Type : ... Read More

CONSTRUCTION on the second Penang link is surging ahead of schedule with 84.35% of the massive project completed. Jambatan Kedua Sdn Bhd construction director Hamizol Ngah said as of Sept 20, work was 2.45% ahead of plan. “We are two months ahead of schedule from the September 2013 deadline. “We ... Read More

KUALA LUMPUR: The increase in real property gains tax (RPGT) announced in Budget 2013 will not have significant impact on the property sector, according two developers. Budget 2013 proposed a rise in RPGT from 10% to 15% for properties sold within the first two years and from 5% to 10% ... Read More