DEVELOPERS who opt to build 87 housing units per acre (0.4ha) on Penang island will now have to allocate 15% of their projects for units priced between RM200,000 and RM300,000. This is an increase of 5% as the previous requirement for such units for that plot ratio was 10%, said ... Read More

GEORGE TOWN: After recently acquiring 21.3 acres in Tanjung Bungah for RM185.6mil, SP Setia Bhd is now looking at an adjacent 14-acre site. SP Setia Property (North) divisional general manager Datuk S. Rajoosaid the group was now in an advanced stage of negotiation to buy the property. “We expect to ink the deal ... Read More

PENANG will see its first hotel with water chalets opening soon in Teluk Kumbar. State Tourism Development and Culture committee chairman Danny Law Heng Kiang said that the hotel with water chalets was among three new hotels that will be opening in the near future. “The other two hotels will ... Read More

AFTER being out of use for more than six months, the unstable berth at the Pengkalan Raja Tun Uda ferry terminal in Weld Quay will be rebuilt starting next month at a cost of RM2.15mil. Penang Public Works, Utilities and Transport Committee chairman Lim Hock Seng said Penang Port Sdn ... Read More

Marinox Sky Villas, strategically located within Seri Tanjung Pinang, opposite of The Brezza, mere minutes drive to Straits Quay and Tesco hypermarket. It comprises 301 unit of Sky Villas with size ranging from 1,250 sq.ft. onwards. Property Project : Marinox Sky Villas Location : Tanjung Tokong, Penang Property Type : Condominium Tenure : Leasehold ... Read More

BUKIT MERTAJAM: The Seberang Prai Municipal Council (MPSP) has lifted a stop work order issued on a construction site in Alma near here earlier this month. A team of MPSP councillors and officials, who visited the site, lifted the stop-work order after the developer was found to have complied with ... Read More

Lexis Suites, a 650 rooms five star hotel suites.  The concept will be similar to Lexis Hibiscus Port Dickson and the all suites hotel will be based in Teluk Kumbar.  It is expected to be fully completed by 2015.  It will also have its own in-room swimming pool complete with ... Read More

Platimum III, an upcoming mixed development within the established township of Teluk Kumbar, Penang. It comprises condominium with spacious built-up area of 1,230 sq. ft. & 1,320 sq. ft. and shop houses. There are 6 units per floor and all are corner units. Property Project : Platinum III @ Teluk Kumbar ... Read More

Residensi Merbok, a strategic township in Nibong Tebal, Penang. Located 5km to 2nd bridge interchange  and 7km to Batu Kawan Industrial estate. Comes with 3 acre million dollar park, home alarm system and 24 hrs guarded residence. Property Project : Residensi Merbok Location : Nibong Tebal, Penang Property Type : 2-Storey Semi-D/Cluster and Bungalow Tenure : ... Read More

PETALING JAYA: SP Setia Bhd will be embarking on a mixed residential development project with a gross development value of RM1.1bil in Penang after acquiring freehold land in the state. In a filing with Bursa Malaysia, the company said it had acquired 21.3 acres in the north-east Penang Island district of Timor Laut ... Read More