GUH Holdings Bhd is planning the initial launch of an RM238mil residential project in south Seberang Prai next year following the acquisition of a 46-acre land bank for RM69.68mil in Simpang Ampat. Group managing director Datuk Kenneth H’ng told StarBiz that the project, comprising 322 units of landed properties on 16 acres or ... Read More

The development of Seri Tanjung Pinang (STP) phase two in the north-east coast of Tanjung Tokong here by Eastern & Oriental Bhd’s (E&O) unit, Tanjung Pinang Development Sdn Bhd has entered a critical phase with the company awaiting the endorsement of the state government for its proposed masterplan before it ... Read More

Spectrum Garden, an upcoming gated and guarded housing scheme by First Harvard Sdn. Bhd. in Kota Permai, Bukit Mertajm. This development is strategically located next to Boon Teik primary school, will consists of 128 units of 3-storey terrace and 4 units of 3-storey bungalow houses. This development is currently only ... Read More

The anticipated goods and services tax (GST) and the hike in the overnight policy rate (OPR) will impact housing affordability and sales, according to Maybank IB Research. It said the benchmark OPR of 3% was expected to rise 50 bps (basis points) to 3.5% following the central bank’s monetary policy ... Read More

Spectrum Residence, an upcoming high-rise development by Sunshine Spectrum Sdn. Bhd. in Kota Permai, Bukit Mertajam. This 18-storey condominium will be built next to Beng Teik primary school, with easy access to many other amenities via Jalan Song Ban Kheng. This project is currently only open for preview. More details ... Read More

Eco World Development Group Bhd plans to launch two residential and commercial property projects in Penang, with a gross development value (GDV) of RM1.26bil, in 2014 and 2015. Group president and chief executive officer Datuk Chang Khim Wah told StarBiz that the projects, EcoTerraces and EcoMeadows, would be launched on ... Read More

PROPERTY prices in Penang have risen by leaps and bounds since about seven years ago. The announcement of the second bridge in Penang in late 2006 is a key reason for the increase in property prices. Raine & Horne Malaysia director Michael Geh said that the price of vacant land ... Read More

The articles published in PenangPropertyTalk.com are purely the writers’ own views and opinions on the property project and it is not an advertisement by the developer or agent, unless stated otherwise. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider ... Read More

Taman Kota Permai 2, an upcoming development located within the bustling township of Bukit Mertajam, Penang. The third phase of this development comprises one unit of 3-storey bungalow and 12 units of semi-detached houses. It is only mere minutes drive from Juru toll (Autocity) and about 15 minutes drive from ... Read More

IDEAL United Bintang Bhd (IUBB) is targeting to obtain the gold Green Building Index (GBI) certification for the Tree Sparina and Solaria projects in Bayan Lepas, Penang. IUBB senior strategic design manager Gan Heng Fey said in an interview that solar panels and rain harvesting systems were among the green ... Read More