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Shop owners cry foul over strata titles
GEORGE TOWN: A group of shop owners of Prangin Mall are crying foul over the developer’s failure to issue them with strata titles over the past 12 years. Prangin Mall Joint Body Management chairperson Terri Yeoh Mooi Sim said the shop owners had suffered great losses as the market value ... Read More
Slowdown of property sector set to extend into next year
PETALING JAYA: Exorbitantly high selling prices, stringent banking rules and a generally cautious sentiment that has been having an impact on the Malaysian property market this year could continue into 2013. Malaysian Institute of Estate Agents (MIEA) deputy president Siva Shanker said property transactions in the first half of 2012 had slowed ... Read More
Solutions to housing concerns likely in Budget 2013
THE coming Budget 2013 is expected to address two interesting issues - how to curb the speculative property market and how to address the issue of affordable housing. In a recent report, Kenanga Research says market talk is that the Government will consider hikes in real property gains tax (RPGT) and increase ... Read More
Road expansion project paves way for smoother commute
MOTORISTS travelling along the Tun Dr Lim Chong Eu Expressway in Penang should enjoy a smoother journey after the road-widening project is completed by end of this month. Penang Chief Minister Lim Guan Eng said the project was carried out by IJM Corporation Bhd and the Malaysian Highway Authority. “The ... Read More
Beryl Garden
Beryl Garden, located on a small piece of land next to Jalan Pondok Upeh, within the established township of Balik Pulau. Walking distance to all amenities such as wet market, Chong Teik school and Balik Pulau Town. Property Project : Beryl Garden Location : Balik Pulau, Penang Property Type : 2-storey & 3-storey ... Read More
Taman Impian Ria
Taman Impian Ria, strategically located within Alma township in Bukit Mertajam. Current phase of residential development by Asas Dunia Berhad comprises 62 unit of 2-storey terrace houses with two design types. Each unit comes with built-up area ranging from 2,009 sq.ft. onwards. Property Project : Taman Impian Ria Location : Alma, Bukit ... Read More
Kenanga pushes sector down to neutral on Budget 2013 risks
PETALING JAYA: Kenanga Research has downgraded the property development sector to a “neutral” rating from “overweight” previously, due to potential worse-than-expected Budget 2013 risks. It noted that recent news reports had indicated that Budget 2013 would see measures to control the soaring prices of property, including tighter fiscal policies to curb speculation ... Read More
The Peak
The Peak, strategically located within the established township of Sungai Nibong, Penang. Comprises 2 blocks of 341 units condominium featuring a tension swimming pool which morphs into a 4 storey high waterfall as an entrance statement into the development. The facade is varied from floor to floor and unit to ... Read More
Oversupply of residential property due to speculation may slow down market
PETALING JAYA: The secondary residential property market could face a slowdown in transactions within the next six to 12 months due to oversupply of properties caused by speculative buyers. Malaysian Institute of Estate Agents (MIEA) deputy president Siva Shanker said “secondary properties in secondary locations,” namely apartments within the RM150,000 to RM300,000 ... Read More
The key to happiness Homeless family can now rejoice after being offered flat in Rifle Range
AFTER losing a roof over his head due to an interim court order in Penang more than two weeks ago, Tan Kim Swee thought his parents would never get to enjoy the comforts of a home. The 34-year-old construction worker, who earns only RM900 per month and has to support ... Read More
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- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
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