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Bank Negara: Guidelines won’t hamper access to financing
PETALING JAYA: Bank Negara has assured that issues arising from the implementation of the Guidelines on Responsible Financing, which came into effect on Jan 1, would be smoothened out.However, the spirit of the guidelines, which promotes prudent, responsible and transparent retail financing practices as well as to ensure that the ... Read More

Liew confident SP Setia will meet RM4bil property sales target
SHAH ALAM: SP Setia Bhd recorded a 26.6% year-on-year jump in new property sales to RM933mil for its first quarter ended Jan 31, 2012, compared with RM737mil a year earlier.President and chief executive officer Tan Sri Liew Kee Sin said he was confident about achieving the group’s target of RM4bil ... Read More

Tambun Indah to launch RM570 m projects
Tambun Indah Land Bhd plans to launch new projects worth RM570 million this year after generating strong property sales in its financial year ended Dec 31, 2011.In a statement today, Tambun Indah said it sold 912 units valued at RM347.3 million in financal year 2011 compared with 396 units valued ... Read More

SP Setia confident of hitting sales target
SP Setia Bhd is still confident of achieving its sales target of RM4 billion in its financial year ending Oct 31, 2012 despite Bank Negara Malaysia's new guidelines for loan borrowers.President and chief executive officer Tan Sri Liew Kee Sin who welcomed the ruling, said the move would ensure only ... Read More

Pearl Residence @ Pearl City
Pearl Residence, the latest addition to Pearl City by Tambun Indah. Pearl City is a self-contained township with good Feng Shui and supported by well-planned infrastructure. This gated and guarded development is adjacent to Pearl Villas, comprises 2-storey terrace and semi-detached houses. Property Project : Pearl Residence Location : Pearl City, Simpang ... Read More

Giving credit to Penangites
The Penang government gave credit to all 1.6 million Penangites for a "historic feat" after the state recorded the highest manufacturing investments in the country, for the second year running, last year. "This is a marvellous and incredible achievement for the second smallest state in Malaysia without any natural resources," ... Read More

Market makeover
ONE of the oldest markets in Penang — the Chowrasta Market — will be transformed into an iconic landmark in the state under a proposed major facelift project costing up to RM12mil. Well-known for its stores selling second-hand books, preserved fruits and other titbits, the run-down three-storey building is set ... Read More

IJM Land pre-tax profit dips to RM76m
IJM Land Bhd posted a lower pre-tax profit of RM76.3 million for the third quarter ended Dec 31, 2011, from RM105.6 million in the same period previously.Revenue, however, rose to RM292.9 million against RM255.2 million before.In a filing to Bursa Malaysia, it said the lower pre-tax profit was mainly due ... Read More

Fighting for housing rights
Balik Pulau MP Yusmadi Yusoff has asked Malaysian Anti-Corruption Commission (MACC) to probe possible irregularities in development projects in Balik Pulau, Penang. “I invite them to investigate but if there is none (no irregularities), then it is fine. “So far there are about 80 families which are facing court cases ... Read More

Chief Minister: Bid was done on time
GEORGE TOWN: Penang Chief Minister Lim Guan Eng has refuted claims that Ivory Properties Group Berhad – the winning bidder for the purchase of a 41.5ha plot of land in Bayan Mutiara – had submitted its tender proposal after the close of the bidding period. Lim said the company’s proposal ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- @Hemsley, TQ. Good progress and maybe is too early to send out the site progress...SC on The Pier
- @LOL This project is opposite putra place condo.. it's still a distance to QBM ...thomas on One Mutiara
- @Islander Lol. Aspen group. Lol. ...Hemsley on The Cube
- just paid booking fee today ...Jordan on The Cube
- @Koja The cube is not near to seaside, which units have seaview? from the floor...Moon on The Cube
- @Debbie what special is the unit#8? ...Moon on The Cube
- I bet to see Aspen Agent hardselling their Zen in 2030. ...Islander on The Cube
- @SC It's at 10th floors now. The progress is even better than The Cube or...Hemsley on The Pier
- Is there any site progress review over here or somewhere ? or the development haven't...SC on The Pier
- @Hemsley 300k launch price appreciated to 400K for state unit, 1 carpark, progressive interest, lawyer...Joker on The Cube
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams