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Paramount to launch 2nd phase of Utropolis Batu Kawan this year
Stepping into the scene as a township developer in the northern region some 40 years ago, Paramount Property, the property development arm of Paramount Corp Bhd, has since become a developer that offers a broad spectrum of products. “As cities mature and population increases, landbank becomes scarce and expensive, leading ... Read More
Seri Tanjung Pinang – Phase 2
Seri Tanjung Pinang (STP) encompasses two phases and is located at the northeast coast of Tanjung Tokong, Penang, Malaysia. The first phase (STP1) of the reclamation comprising 240 acres was completed in 2006. Reclamation of the 760-acre second phase (STP2) which commenced in 2016, is underway. As a matter of ... Read More
How to make money through property investments?
Everyone likes to make money through property investments. Property investments have gone through a new ball game. Investors need to equipped themselves with the necessary tool to invest wisely. Miichael has 20 years of experience in property and mortgage industry and would like to share with you the insights on ... Read More
E&O unit starts work on Seri Tanjung Pinang phase two
Eastern & Oriental Bhd’s (E&O) subsidiary Tanjung Pinang Development Sdn Bhd has acquired 100% equity interest in two shelf companies, namely, Persada Mentari Sdn Bhd and Junjung Angkasa Sdn Bhd. Both companies were incorporated as private limited companies under the Companies Act 2016 with an issued and paid-up share capital ... Read More
The Park vs Quinton
Population is the key driver of growth in property market. Here is a comparison between two affordable projects - highly populated area in mainland versus a less populated area in the Island. Take a look at the comparison between the two projects below. Despite Quinton offers cheaper options in the ... Read More
UPCOMING: Teluk Kumbar / Seri Pinang Resources SB.
A newly proposed gated and guarded housing scheme by Seri Pinang Resources Sdn. Bhd. at Teluk Kumbar. It is located along Jalan Teluk Tempoyak, less than 10 minutes drive from Penang Second Bridge. This luxury strata development comprises 68 units of semi-detached and bungalows, with 4 different design types: Type ... Read More
Ministry mulls measures to strengthen MM2H programme
The Malaysia My Second Home (MM2H) programme under the Ministry of Tourism and Culture is looking to roll out several initiatives to strengthen the programme, possibly from the third quarter of 2017. Among them is a plan to raise the visa fee for the Social Visit Pass by 30% to ... Read More
Hijauan Jernih
Hijauan Jernih, yet another residential development by Asas Dunia Berhad within Tokun township in Bukit Mertajam. This is a gated housing scheme located off Jalan Muhibbah, next to Taman Jernih. It is just a mere minutes drive away from Maju Jaya Business Center. This development will offers a mix of ... Read More
E&O launches final batch of landed homes at Seri Tanjung Pinang 1
Eastern and Oriental Bhd (E&O) launched its final batch of landed residential properties at Seri Tanjung Pinang 1 here, yesterday. The final release comprises just 35 units of terraced houses in the second phase of Ariza Seafront Terraces. The 2.5-storey freehold terraced houses have built-ups ranging from 3,236 sq ft ... Read More
Malaysia’s affordable housing undersupply may ‘worsen’
The undersupply of affordable houses in Malaysia may worsen, given current income and demographic factors, according to Bank Negara Malaysia's 2016 Annual Report. Bank Negara said since 2012, the increase in house prices in the country had outstripped the rise in income levels. "Consequently, prevailing median house prices are beyond the ... Read More
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