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Penang bets on IT-BPO Hub
The RM3.3bil Infor-mation Technology Outsourcing and Business Process Outsourcing (IT-BPO) Hub in Penang will generate some 30,000 high-paying jobs when the project is fully developed in 10 years. Chief Minister Lim Guan Eng said in the first five years, about 21,000 high-paying jobs would be created. “The fastest-growing sector in ... Read More
Bridge dream come true
THOUSANDS converged on Batu Maung town on Penang island to witness a historical moment — the opening of the iconic second Penang bridge. The crowd cheered as Prime Minister Datuk Seri Najib Tun Razak announced the bridge had been named Sultan Abdul Halim Mu’adzam Shah Bridge. Fireworks lit up the ... Read More
Toll rates to be between RM7 and RM10
TOLL rates of the new RM4.5 billion Second Penang Bridge will be below RM10, said concessionaire Jambatan Kedua Sdn Bhd (JKSB). Its managing director, Datuk Dr Ismail Mohamed Taib, said the rates would be decided by the finance ministry. "They will be between RM7 and RM10." Ismail said the rates ... Read More
Property deals drop, value of transactions rise, prices may rise
Property transactions dropped in the first nine months of last year, said the Valuation and Property Services Department, confirming observations by real estate professionals that the market is slowing down. Although the number of transactions was lower, there was an upward trajectory in value, an indication of rising prices. The ... Read More
The Maven
The Maven, a gated and guarded housing scheme by Reka Indah Development in Balik Pulau, Penang. This freehold development is strategically located along Jalan Sungai Pinang with easily access to nearby amenities such as schools, eateries, market and etc. It comprises 120 units of 3-storey townhouses with 24 hours security ... Read More
Four-unit limit for bulk sales by developers
The Government has implemented a measure to control bulk sales of property to try and curb the proliferation of “property clubs” that have been walking away with handsome profits, especially in the Klang Valley. Minister of Urban Wellbeing, Housing and Local Government Datuk Abdul Rahman Dahlan said developers selling more ... Read More
Aspen Vision City
Aspen Vision City, an upcoming mixed development by Aspen Group in Batu Kawan, Penang. Phase 1 is expected to debut in Q4 2014. Not much information is available for now. We will keep everyone updated in our facebook fan page. [ More details to be available upon launching... ] Project ... Read More
Beacon Executive Suites
Beacon Executive Suites, the latest addition to landmarks in the heart of George Town by Aspen Group. Strategically located along Jalan Sungai Pinang, this freehold development comprises 227 units of executive suites with standard unit size of 980 sq.ft. and a state of art roof top bar & lounge. Highlights: Integrated development featuring ... Read More
TRI Pinnacle
TRI-Pinnacle, affordable homes located at Jalan Persiaran Halia 3, Mount Erskine which will be the first of its kind that create a high quality affordable housing development and help to enhance the surrounding area to provide the residents with a well conceptualized, modern, airy environment to live, relax and work! ... Read More
HH Residence
HH Residence, the residential component of the mixed development by Aspen Group in Tanjung Bungah, Penang. It is located on a 4.5-acre land between Jalan Chan Siew Teong and Jalan Chee Seng 13, previously occupied by Hong Hong Sdn Bhd. The master development plan comprises a 46-storey building with two block of ... Read More
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