Eastern & Oriental Bhd’s (E&O) net profit increased 6.5-fold to RM21.24mil for the first quarter of the financial year ending March 31, 2018 from RM3.24mil in the corresponding period last year. The lifestyle property developer attributed its earnings growth to its property segment, which witnessed higher revenue recognition from ongoing ... Read More

M Vista is low density residential development by Mah Sing Group, part of the company's Southbay township development at Batu Maung. It is located just a stone's throw away from Free Trade Zone, less than 5 minutes drive to Penang Second Bridge. This development will feature a 23-storey serviced residence, ... Read More

Centro Residence, a strata development by Genius Access Sdn. Bhd. at Bagan Lallang, Butterworth. Located off Jalan Tembusu 5, just a stone's throw away from The Residence gated and guarded scheme by Airmas Group. It is only 15 minutes away from the upcoming Penang Sentral, about 30 minutes drive to Penang ... Read More

Proposed development by Tropical Island Resort Sdn. Bhd. (subsidiary of UDA Holdings Bhd.) at Jerejak Island (Pulau Jerejak). Located off the eastern coast of Penang Island, approximately 80 acres land on the small island will be redeveloped into a world class resort and residences. This development will see the demolition ... Read More

Residential units at the former Customs Department quarters in Jalan Kampung Kastam here are being demolished to make way for a 1Malaysia Housing Project (PR1MA) effort. A statement by the Office of the Land and Mines Department Director General said PR1MA homes will be built on the 7.2ha site. “This ... Read More

Another proposed residential development by Airmas Group at Butterworth. Strategically located along Lorong Kubur, about 500 meters away from the ever bustling Jalan Raja Uda. It is only 5 minutes' drive to Penang Sentral, under 20 minutes to Penang Bridge. The proposed development will see the construction of a 20-storey ... Read More

In a filing with Bursa Malaysia on Tuesday, the property developer and sheet metal fabricator said its 60%-owned subsidiary and CZ (previously Consortium Zenith BUCG Sdn Bhd) had mutually terminated their sale and purchase agreement (SPA) for the 4.4252-acre (1.79ha) land in Section 1, Tanjung Pinang. They also agreed to ... Read More

An ongoing residential development by Publicity Development Sdn. Bhd. at Bertam. Located along Jalan Kubang Menerong, about 2km away from Bandar Putra Bertam. Driving to Penang bridge during off peak hours will take approximately 30 minutes. This development comprises a mix of landed properties, with an indicative price starting from ... Read More

Newly proposed affordable housing by Pegasus Homes Sdn. Bhd. at Bukit Tengah. Strategically located along Jalan Bukit Tengah, just a stone's throw away from Bukit Tengah roundabout. It is only 5 km away from Penang Bridge and Bukit Mertajam Town Center. This development comprises a 33-storey condominium, offering 650 affordable ... Read More

Prime Minister Datuk Seri Najib Abdul Razak today expressed the government commitment to continue to focus on providing more affordable housing for the low- and middle-income groups. He said the concept of comprehensive and holistic development was most necessary to ensure that these groups had the capacity to own equity ... Read More