Is Komtar OWG’s next catalyst? Only World Group Holdings Bhd (OWG) which operates food outlets, water amusement parks, retail service outlets and other family attractions could bring in an average of RM17.5mil in sales per annum once its completes the refurbishment of the Komtar tower in Penang this year. That estimate ... Read More

Movement in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh. Presenting The Edge/Raine Horne International Zaki + Partners Penang Residential Property Monitor 3Q2015, Geh says 1-storey terraced houses with ... Read More

Sapphire, a small residential development by Seal Properties Sdn. Bhd. in Batu Maung, Penang. Located along Jalan Batu Maung, accessible via Lorong Batu Nilam 1. It is adjacent to Sunway Mutiara scheme, only 2km away from Penang Second Bridge. This development comprises 14 units of 3-storey semi-detached and terrace houses ... Read More

Let us have a comparison between apple and orange. If you have a budget of about RM700,000 to RM800,000, which of these two projects would you buy? Eco Meadows offers an exclusive landed living in a less branded location while Skyridge Garden suggests a condominium living in a glamorous island ... Read More

The people of Seberang Prai will have a say in the RM27bil Penang Transport Master Plan, said Chief Minister Lim Guan Eng. “The plan will affect them. They must have a say and voice out whether they want it or not. “If they reject the plan, it will not be ... Read More

More rail access for Penang The planned light rail transit (LRT) linking the island and the mainland will be connected to two other train services planned for the state. This proposed fourth link across the sea will have interchange stations in Gelugor on the island and Taman Supreme on the ... Read More

Sunway Property Penang will be organizing a Garden Fest on December 12, 2015, from 5pm to 9pm at its Sunway Wellesley Show Village in Bukit Mertajam. The Garden Fest aims to offer a nature-rich, fun-filled, experience for families in Bukit Mertajam to enjoy the evening together as part of the ... Read More

Eligible Penangites should start applying for affordable housing because developers may not carry out more of such projects. State Housing Committee chairman Jagdeep Singh Deo said the profit margin of affordable housing projects was only about 20% and it was not considered lucrative for developers. “We are grateful to Penang ... Read More

Some developers at the Star Property Fair 2015 were able to register RM79.2mil in sales despite the current economic challenges. Eco World Development Group Bhd (RM14mil), Asia Green Group (RM5.4mil), Tambun Indah Land Bhd (RM6.8mil), Ideal Property Group (RM10mil), Numestro City Sdn Bhd (RM3mil), and the developers represented by Zeon ... Read More

Choice projects under one roof The Star Property Fair is back for the third time this year, and with over 30 exhibitors showcasing choice properties, it will be the biggest held at Queensbay Mall, Penang. Starting today and running until Sunday, it is spread across the mall’s North, South and ... Read More