KUALA LUMPUR: Shares of SP Setia Bhd, the largest property stock on Bursa Malaysia, rose 5 sen to RM4.15 after meeting earnings expectation for the half way mark of its financial year with analysts confident the company would be able to meet its full year sales target of RM3bil.Sales for ... Read More

AZEA Property Investment (API), a Singapore-based company, and its local partner Dot Greenland Sdn Bhd, are investing RM43mil to build a commercial complex.API chief executive officer Tan Yang Po said the 28,000sq ft complex called Anson Cube would be located on Anson Road in Penang.She added that it was destined ... Read More

Property developer Mutiara Goodyear Development Bhd expects to launch several mixed development projects amounting to RM1.3 billion in gross development value (GDV) this year, said its executive chairman, Hamidon Abdullah. Among the upcoming launches are Nadayu 28 Sunway, Nadayu 290 Penang and Nadayu Cyberjaya, Hamidon told reporters after the company's ... Read More

Housing developers say property owners should be prepared to pay more for the enhanced security measures to be incorporated in building designs. Real Estate and Housing Developers' Association (Rehda) president Datuk Seri Michael Yam said such measures like safer walkways came with a price. “Would the market be willing to pay ... Read More

In the course of the higher profit, SP Setia continued to set new sales benchmarks, with second-quarter sales of RM671 million were 12 per cent more than the previous record set in the second quarter of 2010. The cumulative six-month sales of RM1.41 billion, meanwhile, was 17 per cent higher ... Read More

The requirements to become a housing developer and to get the permit for a housing project will be tightened to ensure only qualified companies are given the approval to develop housing projects. Housing and Local Government Minister Datuk Chor Chee Heung said the tighter requirements were among the amendments to the ... Read More

GEORGE TOWN: A Malay-based non-governmental organisation wants the state government to come up with more affordable housing schemes on the island for the community here. Penang Malay Congress president Rahmad Isahak said the state government’s plan to develop the island into an international-class one, was commendable but it would undeniably ... Read More

Bayu Villas @ Desa Titi Panjang is located within the established township of Bukit Minyak, Penang. This residential property development comprises 100 units of 2-storey semi-detached houses. Strategically located with easy access to Bukit Minyak and Perai Industrial Area. A mere minutes drive to Juru Autocity and Penang bridge Property ... Read More

Spread over 100 acres of sprawling land, set amidst Permatang Tinggi, the landscape of this district will never be the same again with the development of Permatang Sanctuary, featuring "Eco Living" - Adding life, health and fun to ordinary lifestyle. This guarded residential property development comprises 188 units 2-storey semi-detached, ... Read More

Business Times has learnt that SP Setia Bhd and Ivory Properties Group Bhd are the companies that have responded to Penang state government's tender to develop the Bayan Mutiara land. The tender is part of the state government's efforts to raise funds. Sources said of the two companies, Ivory Properties ... Read More