GEORGE TOWN: The state government will not run away from problems faced by the people such as the issues of affordable housing, traffic congestion and civil services, Chief Minister Lim Guan Eng said. He said the state had allocated RM500mil to ensure affordable homes were made available to Penangites. “To ... Read More

La Ferringhi, a residential development located next to Eden Fairway Condominium, within the establish township of Batu Ferringhi, Penang. It comprises 20 units of 3-storey terrace house. Property Project : La Ferringhi Location : Batu Ferringhi, Penang Property Type : 3-Storey Terrace Tenure : Freehold Total Units : 20 Built-up Area : 2,750 sq.ft. Land ... Read More

GEORGE TOWN: Hunza Properties Bhd is launching about RM650mil of residential properties in Kepala Batas in Seberang Prai and Tanjung Bungah on Penang island this year. Group executive chairman Datuk Khor Teng Tong told StarBiz that residential properties worth about RM300mil in gross development value (GDV), comprising double-storey semi-detached, terraced, ... Read More

THE Tun Dr Lim Chong Eu Expressway in Penang is finally set to have three lanes on both sides of its entire stretch. A bottleneck near the Batu Uban marine police base which reduces the three lanes (on each side) to two is undergoing a road-widening project that began this ... Read More

Callisia 2, a residential development located within Bandar Cassia township in Batu Kawan, Penang. It comprises 246 units of double storey terrace houses with built up area ranging from 2,016 sq.ft. onwards. This is a relatively new township but it is expected to benefit from the completion second Penang bridge ... Read More

THE timing of property developer SP Setia Bhd's new launches for its 2012 fiscal year in Penang appears to hinge on whether the company is given vacant possession of the Penang International Sports Arena (Pisa) by the first quarter of this year to build the RM300 million Subterranean Penang International ... Read More

Carnation Villa, a gated & guarded community housing scheme strategically located within fast growing Bukit Minyak/Juru township and just a few minutes walk to Carrefour Bukit Minyak. It has good accessibility to North-South Expressway, via Juru interchange which is only few kilometers away, and mere minutes drive to Penang bridge. This development ... Read More

KUALA LUMPUR: A majority of developers expect property prices to continue climbing in the first half of the year in tandem with rising costs.In a recent survey of members by the Real Estate and Housing Developers’ Association Malaysia (Rehda), about 74% of respondents surveyed generally felt that prices would be ... Read More

Moulmein Rise, a 27-storey iconic structure located in Pulau Tikus, Penang.  It comprises shop offices at level 1 & 2 and lifestyle suites from level 5 to 27. With impressive views of the sea fronting Gurney Drive, it defines the significance of high living with comfort and style. Designed architecturally to ... Read More

KUALA LUMPUR: Higher housing starts and building plan approvals last year signify confidence of developers and investors in the development activity, said National Property Information Centre (Napic) director Dr Zailan Mohd Isa. Some 400,000 transactions valued more than RM100 million were undertaken during the first three quarters of last year. Zailan ... Read More