Eco Horizon Sdn Bhd, a wholly-owned unit of Eco World Development Group Bhd, has signed a conditional agreement with Batu Kawan Development Sdn Bhd (BKDSB) to acquire a piece of land in Seberang Prai, Penang, for RM681.99 million. In a filing to Bursa Malaysia on Tuesday, Eco World said its ... Read More

660 The Butterworth-Kulim Expressway Interchange (BKE IC) is one of the busiest junctions on the Mainland, with traffic volumes at the at­-grade signalised roundabout as high as 10,000 passenger car units (PCU) per hour during peak traffic. The highest turning traffic volume was observed to be the northbound right­-turn from ... Read More

The Butterworth-Kulim Expressway Interchange (BKE IC) is one of the busiest junctions on the Mainland, with traffic volumes at the at­-grade signalised roundabout as high as 10,000 passenger car units (PCU) per hour during peak traffic. The highest turning traffic volume was observed to be the northbound right­-turn from NSE ... Read More

Members of the Penang Transport Council (PTC) have been divided into two working groups to study the Penang Transport Master Plan (PTMP). Its chairman Chow Kon Yeow said one group would study the transport issues of the PTMP while another group would study the master plan of the three proposed ... Read More

Instead of blowing their cash on pricey gadgets, young Malaysians are saving up for their first home. While most Gen Y shy away from owning property in developed countries and big cities, demand from millennials here is still holding, especially with parents assisting them with the downpayment, Real Estate and ... Read More

Marriott Residences, a mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The proposed development comprises a new 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units: Hotel (223 ... Read More

Nautical Bay, a completed, build-then-sell condominium by OHM Group at Butterworth. It is located next to Affina Bay Condominium, about 3km away from the upcoming Penang Sentral. This development offers 28 residential units with gross built-up area of 2,152 sq.ft., and panoramic of Penang Island. There are only 2 units ... Read More

The Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners. “I noted active transactions on the secondary market with prices staying flat,” he says in presenting the ... Read More

3 Residence, a mixed development by IJM at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. Neighbouring communities include Ocean View condominium, The Spring , Nautilus Bay and The Maritime. The master plan of this development will offers a mix ... Read More

Eco World Development Group Bhd is said to be eyeing a 300-acre leasehold site in Batu Kawan for a RM6bil mixed development project to be launched next year. Sources told StarBiz that the group could fork out up to RM700mil for the property, estimated at over RM50 per sq ft ... Read More