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![A new horizon beckons for E&O](https://biz.thestar.com.my/archives/2011/9/17/business/b_16E&O.jpg)
A new horizon beckons for E&O
Eastern & Oriental Bhd (E&O) is embarking on a new chapter with the entry of Sime Darby Bhd as the single largest shareholder of the company. What will happen next and how will the momentum that has led to the growth of E&O be following a big change in ownership? ... Read More
![Glut dampens market value and rental of condos](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Glut dampens market value and rental of condos
SINCE the high-end condominium market took a beating following the global financial crisis in 2008, their values have been left pretty much battered even today. Investors who got into the market around the peak must still be quite disheartened by the market’s lethargy. The big supply coming onstream has also ... Read More
![Foreign giants keen on RM8bil Penang infrastructure jobs](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Foreign giants keen on RM8bil Penang infrastructure jobs
GEORGE TOWN: Several foreign giants apart from China’s Beijing Urban Construction Group (BUCG), namely Citic Group of China, South Korea’s SK Group, as well as couple of Japanese conglomerates and one Singapore company have expressed interest to bid for some RM8bil worth of infrastructure jobs in Penang. Penang Chief Minister ... Read More
![More stringent rules for property sector](https://biz.thestar.com.my/archives/2011/9/16/business/b_6chor.jpg)
More stringent rules for property sector
SUBANG JAYA: The Housing and Local Government Ministry hopes to table the amendments made to the Housing Development Act 1966 before the year-end in a bid to further regulate the property industry and safeguard the interest of house buyers. “We want to introduce more stringent rules to reduce the rate ... Read More
![Property prices on Penang more resilient, says expert](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Property prices on Penang more resilient, says expert
GEORGE TOWN: A leading property expert said he does not expect property prices in Penang to see a major correction if there is a global downturn because the prices have not escalated as much as in other markets.Another reason is that demand far outstrips supply, said CB Richard Ellis (CBRE) ... Read More
![Property downgrade](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Property downgrade
PETALING JAYA: UOB Kay Hian has downgraded the local property sector due to slower residential home sales, especially in the second half of the year, coupled with an anticipated tightening of property measures. The research house, which downgraded the sector from “overweight” to “market weight”, said in its latest note ... Read More
![Property firm gets on board](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Property firm gets on board
PROPERTY developer Equine Capital Berhad is making its debut as a main sponsor for Penang Starwalk this year.The company is sponsoring RM25,000 for the Sept 18 walk.Its assistant general manager (sales and marketing) Josephine Lee said the company wanted to be part of the premier sporting event.?Starwalk promotes a healthy ... Read More
![Free Private Community Blog For Your Property](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Free Private Community Blog For Your Property
Do you want a FREE private community blog for your own property? Please let us know which property are you interested in and we will consider creating a FREE private blog for any property which has more than 50 votes. This is to make sure there is sufficient demand before ... Read More
![Penang catches attention of Klang Valley developers](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Penang catches attention of Klang Valley developers
CIMB Investment Bank Bhd research head Terence Wong said this is likely to happen over time. "This could be continuing but not in a short time. It could happen once in a year," he said. Investing in the property market in Penang is still a solid option."This is because property ... Read More
![If it helps rein in soaring house prices, why not?](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
If it helps rein in soaring house prices, why not?
MORE than three years ago, my wife and I missed a chance to own our dream double-storey terrace house in Bangi. The price was about RM230,000 or RM217,000 after a 7 per cent rebate for Bumiputeras. That house was under the first phase of a new township, whose units were ... Read More
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- @MajorArches why say like that? i see from overall the project quite nice... ...i love prima on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @chookimhock Just saw online portals current highest selling price still rm740k only, still far away...Ashraf on The Cube
- Good Luck to all those first time buyers... LOL ...MajorArches on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @JC It's not a wise decision to dump all 1M in a same bucket. Lumina...Ryu on Lumina Residence
- @walter Nowadays agent all so kids, how many are them really know about property? Last...honda on Lumina Residence
- @JC If both city views, Lumina will get super hot evening sun, while Queens will...walter on Lumina Residence
- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
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