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Exco man: No ‘under-the-table’ money for projects

Exco man: No ‘under-the-table’ money for projects

THE public is advised not to fall prey by paying between RM5,000 and RM10,000 to unscrupulous syndicates which promise to secure low-cost (LC) or low medium-cost (LMC) units. Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said several syndicate members were going around promising applicants ... Read More
the-qbees

The Qbees

The Qbees, a luxury condominium by SP Setia located along Jalan Bayan Lepas, within the established township of Teluk Kumbar, Penang. This development comprises 98 residential units with built-up size ranging from 1,119 sq.ft. onwards. Property Project : The Qbees Location : Teluk Kumbar, Penang Property Type : Condominium Tenure : Freehold Built-up Area: ... Read More
Penang most liveable city in M’sia

Penang most liveable city in M’sia

GEORGE TOWN: Penang has, for the first time, beaten Kuala Lumpur for two consecutive years as the country’s most liveable city, Penang Chief Minister Lim Guan Eng said. Quoting the annual ECA International Location Ratings research, Lim said Penang had maintained its position as Asia’s eighth most liveable city, while ... Read More
Elevators at home are cool contraptions — beats taking the stairs

Elevators at home are cool contraptions — beats taking the stairs

HAVING an elevator at home, while still a lifestyle choice rather than one born out of necessity, is nevertheless a trend that is becoming increasingly popular with many upscale residential developments featuring this novelty in its houses. “One usually finds lifts in the homes of the affluent and these people ... Read More
Sg Ara folk against hillside project

Sg Ara folk against hillside project

THE Penang Appeals Board has fixed July 18 for the hearing of the case of residents of Sungai Ara who are against the approval of a hillside development project in the area. Board chairman Datuk Yeo Yang Poh set the date after getting the agreement on the date from the ... Read More
International school for Tambun

International school for Tambun

PENANG’s leading property developer on the mainland, Tambun Indah Land Berhad, will build the first international school on the mainland in the integrated township of Pearl City in Tambun, Seberang Prai. Tambun Indah signed a Memorandum of Understanding (MoU) with SIS Charter Sdn Bhd to develop the Straits International School ... Read More
iconCity2

Icon City

Icon City, a commercial development by Iconic Development Sdn. Bhd. along Jalan Bukit Tengah. Built on a prime 10-arce freehold land, comprises 60 units of 3.5-storey semi-detached and 3 unis of 5-storey deteached commercial buildings and a 12-storey business class hotel. Property Project: Icon City Location: Bukit Tengah, Penang Property Type: Commercial and ... Read More
Prices climbing even higher

Prices climbing even higher

Despite talk that the condo market on Penang island may experience slowing demand due to new supply and unsold units of previous launches, we highlight five developments that seem to prove otherwise. RECENTLY the vivacious director of a public-listed company remarked that almost everyone she meets on the social circuit ... Read More
Penang to raise price cap for foreigners

Penang to raise price cap for foreigners

GEORGE TOWN: The Penang Government has proposed to raise the cap for foreign purchases on all properties in the state. Chief Minister Lim Guan Eng said the current limit of RM500,000 would be raised to RM1mil, except for landed properties on the island that would be raised to RM2mil. He ... Read More
Upcoming development at Batu Ferringhi

Upcoming development at Batu Ferringhi

The proposed development by Solid Promenade comprises of medium-to-high-end serviced apartments and high-end bungalows. The Location  The site is located at the north west of Pulau Pinang at the beginning of Jalan Teluk Bahang. To the right is the Batu Ferringhi Bayview Beach Resort; to the left is the Mutiara Beach Resort ... Read More