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Sunshine Central
Sunshine Central, a re-development of the old Sunshine Farlim site into a new commercial complex with business hotel and serviced residence. The entire project will be over 3.7mil sq ft of gross area, spread over three blocks of 38-storey buildings, comprises 270 units of serviced apartments, 144 units of small ... Read More
Real property gains tax expected to rise
PETALING JAYA: Real property gains tax (RPGT) would probably increase after Budget 2012 but experts are divided over the quantum or the new form the tax on property sales would take. Few are hoping for the rate to be maintained but others felt the RPGT would increase by another 5% ... Read More
Taman BM Indah (BM Garden)
Taman BM Indah (also known as BM Garden) is a new residential development within the established township of Bukit Mertajam, located next to BM Country Club and St. Anne's Church. 2-Storey Terrace Total Units: 17 Indicative Price: RM398,800.00 2 1/2-Storey Terrace Total Units: 16 Indicative Price: RM508,800.00 onwards 2-Storey Semi-D Total ... Read More
No reclamation please
SOME 350 residents living in six condominiums and houses along Persiaran Bayan Indah in Bayan Lepas want the seafront in the Bayan Bay area to be spared of any future land reclamation projects. Bayan Bay Residents’ Action Committee chairperson Sharifah Hamidah said the residents were not against development but were ... Read More
IJM Land to set the bar on digital lifestyle
GEORGE TOWN: IJM Land Bhd is poised to set the bar in Penang and the rest of the country soon on how a fully-networked property development can spur economic growth. The company's flagship development - The Light Waterfront Penang - will offer a digital lifestyle to all its investors, thanks ... Read More
Delay in Penang Sentral project worries state govt
THE state government is concerned over the lack of progress at the RM2.7bil Penang Sentral project in Bagan Dalam, Butterworth. Deputy Chief Minister I Datuk Mansor Othman said the project was launched by former Prime Minister Tun Abdullah Ahmad Badawi in July 2007 and the first phase was supposed to ... Read More
Seri Jaya Condominium
Seri Jaya Condominium, a 20-storey high rise residential development strategically located in the heart of Bukit Mertajam, Penang. Designed with spacious balconies and large windows, allowing you to enjoy the natural sceneries and breathtaking views. It comes with full condo facilities which includes swimming pool, children's pool, jacuzzi, BBQ area, children's playground, ... Read More
BNM seeking inputs on property gains tax
Petaling Jaya: Bank Negara Malaysia had consulted property developers, seeking their inputs on increasing the real property gains tax (RPGT) to curb speculation, people familiar with the matter said yesterday. Such a move, if announced in the upcoming Budget 2012, will be the second time the central bank will have ... Read More
Further foreign equity selling to put pressure on property stocks
PETALING JAYA: Property stocks face pressure in the coming months with foreign shareholders expected to pare down their stakes on concerns over the weakening ringgit and less bullish housing sales next year due owing to an anticipated global economic slowdown. RHB Research has downgraded the property sector to “underweight” from ... Read More
The Curve Condominium
The Curve, condo by the bridge. Located just next to The View Condominium with unobstructed view of the sea and the Penang bridge. This residential scheme comprises two 31-storey condominium blocks with a total of 296 units. * THIS PROJECT HAS ALREADY BEEN CANCELLED * Project Name : The Curve Condominium ... Read More
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