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Ivory surges on hope of land award

The Penang-based developer's share price has appreciated by slightly more than 20 per cent this month, after slumping to a 52-week low of 90 sen on June 23 this year. Last Friday, Ivory shares closed 2 sen higher to RM1.16 a share, after having reached an intraday high of RM1.19 ... Read More

Developers try to ease property concerns in Penang

THE Star regional operations manager (north) Chung Chok Yin and Henry Butcher Malaysia (Penang) Sdn Bhd director Dr Teoh Poh Huatrecently met up with developers to ascertain the impact of a slower GDP forecast for 2011, rising interest rates, and escalating property prices amidst global challenges on the direction of the Penang property market ... Read More

Developers to offer RM2.3bil projects at Penang expo

Seven developers from Penang and Kuala Lumpur are launching properties, comprising largely residential projects with over RM2.271bil gross sales value (GSV), for the island and Seberang Prai beginning the second half of 2011 and in 2012. Some 1,722 units of the properties with an RM1.899bil GSV are planned for the ... Read More

Ensconced in luxury

MTT Properties and Development Sdn Bhd is launching its first batch of luxurious homes in Balik Pulau, Penang, in the fourth quarter.MTT group general manager Jason Tan said the luxurious home, comprising 29 hillside three-storey villas, would be priced above RM3mil.?These will be the most expensive homes to be built ... Read More

Redefining town lifestyle

THE Meridien Residence in Penang offers much needed relief for those looking for a sanctuary away from the hustle and bustle of modern living. Under Reka Indah Development, the Meridien Residence was designed with a low-density concept ? 160 units only. Located in Sungai Ara, the project consists of a ... Read More

Pavilion Resort

Pavilion Resort, a 22-storey condominium located at Teluk Kumbar, South East of Penang Island. Five minutes from Penang International Airport and 2 minutes away from 2nd Penang Bridge Link to mainland. A modern architectural designed concept condominium with facilities for new lifestyle. Providing with each units a panoramic view of ... Read More

Homes for ideal living Fiera Vista condo has a full range of sports and recreational facilities

Prime location: Teh showing the project models of Fiera Vista Condominium at his office at Krystal Point Corporate Park. IF you are looking for an ideal home which promotes healthy living, then check out the Fiera Vista Condominium at the coming Star Property Fair 2011. The latest project by Ideal ... Read More

New sectors to propel economy investPenang confident of the state overcoming stiff competition due to its values

FIVE new industrial sectors have been identified by investPenang for Penang to take advantage of the opportunities in the knowledge-based economy.They are information communications technology (ICT) for software engineering and creative multimedia, light-emitting diode (LED) lights industry, the medical devices, aerospace and solar/photovoltaic industries.Speaking to young entrepreneurs from the Associated ... Read More

CM: Affordable houses vital

DEVELOPERS in Penang should participate in building affordable housing and adding green spaces. Chief Minister Lim Guan Eng said when the state requested developers to build affordable housing, it was doing so with moral authority. ?As the sustained demand for property in Penang is indicative of its buoyant economy, we ... Read More

In the isle of dreams

SURROUNDED by lush greenery and blooming aromatic flowers that is bound to capture an oasis of peace and serenity, the development of the Setia Pearl Island will definitely be many property buyers? cup of tea. Dubbed the Island of Dreams, the project is akin to a tropical island of dreams ... Read More