Property developers say increasing house prices are due to high compliance and construction costs. They also attribute the rising cost to government agencies, especially local authorities and utility companies, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy secretary-general (Melaka branch) Datuk Anthony Adam Cho. According to Cho, the ... Read More

Royale Infinity, part of Tambun Royale City development by Jadi Group in Bukit Minyak. It is strategically located along Jalan Perindustrian Bukit Minyak and mere minutes drive to Bukit Tambun PLUS interchange. This development comprises 3 blocks of apartments with unit size ranging from 700 sq ft studios to 1,480 ... Read More

Measures to curb speculation in the property market and cross-subsidisation do not make for a healthy property sector in the medium to long term, according to the Real Estate and Housing Developers’ Association of Malaysia (Rehda). Rehda president Datuk Seri Michael Yam drew attention to the affordable housing segment, which suffers the ... Read More

A NEW high-rise development project along Macalister Road in Penang is poised to become the talk of the town when launched at the end of next month. The mixed integrated Tropicana 218 Macalister project, to be developed by Tropicana Corp Bhd (formerly Dijaya Corp Bhd), includes an international brand hotel ... Read More

Hunza Properties Bhd plans to launch three projects with a combined gross development value (GDV) of RM1.4 billion over the next four years, said its executive chairman Datuk Khor Teng Tong. He said the three projects – which will be Hunza's focus for the coming years – include an integrated ... Read More

Orange Garden, 3-storey semi-detached and terrace homes nestled within a contemporary gated and guarded community. It offers scenic landscaped gardens and fun-filled recreational facilitities which includes a residence clubhouse with swimming pool. This development is strategically located along Jalan Kampung Benggali in Butterworth, Penang. Property Project : Orange Garden Location : Jalan ... Read More

The 1.7km Gurney Drive will sport a new, greener look under the proposed Seri Tanjung Pinang (STP) phase two reclamation project to be undertaken by Eastern and Oriental (E&O) Bhd. It will incorporate some 20ha of greenery area including a new parkland, water features, a cycling route and palm-tree lined ... Read More

GEORGE TOWN: Eastern & Oriental Bhd plans to develop residential and commercial projects worth RM25bil over the next 20 years for Seri Tanjung Pinang’s (STP) second phase. And this will generate some 15,000 jobs. Group managing director Datuk Terry Tham said the ratio of commercial to residential properties for the ... Read More

GEORGE TOWN: Despite a softer property market in the first quarter of this year, Penang's residential sector has continued to claim the lion's share, or 75 per cent, of the total 5,756 properties transacted. A research report by Henry Butcher Malaysia Penang shows that the total number of properties transacted in ... Read More

Investment analysts reassured by this statement although they are cautious about potential Budget 2014 announcements. Bank Negara Malaysia (BNM) will not introduce new measures to curb household debt as the current ones are sufficient and have produced the expected results, said Governor Tan Sri Dr Zeti Akhtar Aziz (pic) yesterday ... Read More