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![Tambun indah to acquire land in Penang](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Tambun indah to acquire land in Penang
Tambun Indah Land Bhd, a leading property developer in Penang, is planning to acquire 3.2 hectares of land next year.Managing Director Ir Teh Kiak Seng said the group had identified 1.6 hectares on the mainland and another 1.6 hectares on Penang island with a gross development value (GDV) of approximately ... Read More
![CapitaMalls Asia to acquire Queensbay Mall in Penang.](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
CapitaMalls Asia to acquire Queensbay Mall in Penang.
SINGAPORE: CapitaMalls Asia Limited is set to add another mall to its portfolio with the proposed acquisition of Queensbay Mall in Penang for RM651.8 million. According to Lim Beng Chee, CEO of CapitaMalls Asia, Queensbay Mall will form the seed asset for the trust's planned RM1 billion Malaysia retail property ... Read More
![Property to remain buoyant in 2011](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Property to remain buoyant in 2011
The property market in Malaysia is expected to remain buoyant next year, seeing a moderate uptrend in prices, in line with economic growth and growing interest among foreigners.Speakers at a press conference on the Fourth Malaysian Property Summit 2011 here today said, no property bubble is expected in the foreseeable ... Read More
![Penang property a goldmine](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Penang property a goldmine
Property in Penang will continue to remain a favourite choice among investors as it is expected to show returns that are above the national average.Henry Butcher Malaysia (Penang) Sdn Bhd director Dr Jason Teoh said property investment was generally perceived to have a longer term horizon as it was not ... Read More
![BNM may increase interest rates in 2011](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
BNM may increase interest rates in 2011
A rise in consumer price index (CPI) may impel Bank Negara Malaysia (BNM) to resume increasing interest rates, by 25 basis points each in the second and third quarter of 2011, respectively.The central bank, however, is expected to keep its monetary policy on hold in the first quarter of 2011 ... Read More
![No woes from 5/95 home loans foreseen](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
No woes from 5/95 home loans foreseen
PETALING JAYA: As the timeframe for repayment of homes purchased under the 5/95 home loan scheme draws near, all eyes will be on the ability of buyers to repay their loans amid forecasts of a slowing economy next year.A banking industry source estimated that 20% to 30% had started repayment ... Read More
![tree_1](https://img1.penangpropertytalk.com/wp-content/uploads/2011/09/tree_1.jpg)
Tree Residency @ One Residence
“Less is more” is the design philosophy of notable architect Ludwig Mies van de Rohe. With the Tree Residency, the values of minimalism are fully exuded, conveying a sense of harmony that comes from simplicity. The minimalism in Tree Residency, however, is not one of emptiness, but one that is ... Read More
![P2](https://img1.penangpropertytalk.com/wp-content/uploads/2011/09/P2.jpg)
Dua Villas @ One Residence
Dua Villas is a blend of Chinese chic and contemporary design that combines the best of both elements. With Dua Villas, the architects have put together a home that is balanced, harmonious and ecological. Element that are often neglected in today’s busy lifestyle. It features a glass canopy which enables ... Read More
![Penang should allow more reclamation to address land shortage](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Penang should allow more reclamation to address land shortage
GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.Penang Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said with land ... Read More
![Hunza braces for transformation](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Hunza braces for transformation
THE completion of a lifestyle shopping mall along with an office tower by 2012 is set to transform Hunza Properties Bhd (HPB) (5018) from a property developer to that of a real estate landlord. The Penang-based company, which is due to announce two new anchor tenants for its Gurney Paragon ... Read More
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