PETALING JAYA: Despite the overall gloom and doom in the global economy, a glut of condominiums and cooling measures by Bank Negara to deter speculation in the overall property market, the general observations on the ground indicate strong sales for certain segments of this market. This underscores the fact that ... Read More

GEORGE TOWN: The approval for a hillside development project in Sungai Ara given by the Penang Municipal Council (MPPP) is invalid, the Penang Appeals Board heard. Counsel Datuk Lakhbir Singh Chahl, who is representing Sungai Ara residents who are against the project, raised a preliminary objection on the ground that ... Read More

GEORGE TOWN: The state government has made plans to turn the Jelutong landfill into parks and a site for mixed development projects. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said the plans would be carried out through a proposed landfill mining and reclamation (LFMR) process. He ... Read More

RESIDENTS must apply for a permit from the Penang Municipal Council (MPPP) before carrying out extensions or changes to the house structure. They are also required to submit their extension plans in accordance with the council’s building plan guidelines for approval, said MPPP councillor Tan Seng Keat. “We want the ... Read More

Sandilands, a mixed development by Heng Lee Group in Jelutong, Penang. This project is located within walking distance to George Town World Heritage Site (WHS) and comprises two residential and one commercial blocks. It offers residents the convenience of a private pier. Just leave the car at home and be whisked away by ... Read More

Sentinelle Ville, a gated and guarded residential development located within the township of BM Utama. This residential development comprises 66 three-storey semi-detached homes offering 3,744 sq.ft. of living spaces with master suite itself occupying the entire second floor of approximately 1,200 sq. ft. Every unit features 6 bedrooms with attached bathrooms, ... Read More

GEORGE TOWN: The Star Property Fair 2012 ended with a bang with six major exhibitors from Penang and Kuala Lumpur generating some RM100mil in sales. About 35,000 visitors turned up for the four-day fair, which ended yesterday. Most of the properties sold were high-rise units on the island priced from ... Read More

Cypress Villa, innovation concept of modern living, elegantly designed and planned in an intimate neighbourhood of 48 semi detached and 3 bungalows. An ambience of cool, quiet and calm environment allow families to enjoy the privacy and treasured moments. Strategically located within the established township of Sungai Ara, Penang. Property ... Read More

KUALA Lumpur and Penang-based developers are planning to execute some RM6.463bil worth of residential and commercial properties on the island and mainland in the second half year and 2013 despite the tightening of housing credit by banks and a gloomy global economic outlook for the future. SP Setia Bhd (RM2.563bil ... Read More

THE rising property market in Penang is due to the current demands for properties with facilities and amenities. Penang Master Builders and Building Materials Dealers Association executive advisor Datuk Finn Choong said because of the current level of expectations among buyers, the prices of properties were now trending upwards. “As ... Read More