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Resort lifestyle of condo a draw for westerners, says developer
CAUCASIANS comprise the bulk of those purchasing the RM255mil Infinity Beachfront Condominium that recently clinched the FIABCI Malaysia Property Award 2011 under the residential (high rise) category. Hunza Properties Berhad executive chairman Datuk Khor Teng Tong said the project attracted Caucasians because it had access to a 105m-long beachfront as ... Read More
Tan brothers look to ‘conquer’ Penang
That was ended when it roped in Dijaya Corp Bhd. They now plan to build residential and commercial properties on the land, estimated to generate sales of some RM10 billion. This is not their first tie-up. Within the Batu Ferringi tourism belt, Dijaya has a joint-venture project called "10 Island ... Read More
Home sweet home
ALONG-AWAITED dream has come true for sistes Yap Siew Bee, 41, and Siew Thoo, 26, who have received a new low medium-cost home. “I am so happy today and I can’t wait to move into our unit when it is completed,” said Siew Bee. Siew Thoo said that previously, their ... Read More
Demand for housing likely to be stronger in H2 next year
KUALA LUMPUR: The number of applications for property development licences is expected to be slightly lower in 2012, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.“This year there is a very high number of applications. Also, the trend for the property market next year is optimistically ... Read More
Housing supply and demand – are we nearing equilibrium?
Is there any equilibrium point in housing market, considering the many factors influencing demand and supply? The main determinants of the demand for housing are demographic. Population size and population growth are the core demographic variables. However, family size, the age composition of the family, the number of children, net ... Read More
Olive Tree Residences
Olive Tree Residences, part of the upcoming mixed development by Harta Intan. Located on a 3 arce site next to "The One" project in Bayan Baru, Penang. This 23-storey condominium comprises 91 residential units. This project was formally known as Mahsuri Condominium. Property Project : Olive Tree Residences Location : Bayan Baru, ... Read More
Olive Tree Terrace Shops
Olive Tree Terrace Shops, part of the upcoming mixed development by Harta Intan. Located along Jalan Mahsuri in Bayan Baru, Penang. This commercial parcel comprises 10 units of 3-storey shop houses. Property Project : Olive Tree Location : Bayan Baru, Penang Property Type : 3-storey Shop Offices Units: 10 Land Tenure: Freehold Developer : Harta Intan Group ... Read More
Ideas invited to make George Town vibrant
THE public can give their input on how to rejuvenate George Town in a survey to be carried out for the setting up of Asia's first Business Improvement Districts (BIDS). George Town Grants Programme director Dr Neil Khor (pic) said the George Town BIDS project was a public-private partnership where ... Read More
BM Highland @ Bukit Mertajam
BM Highland, an exclusive lush 16 acre freehold neighbourhood offering 15 bungalows, 46 semi-detached, 45 3-storey terrace and 42 2-storey terrace house. This is a Gated & Guarded residential development within the established township of Machang Bubok, Bukit Mertajam. 2-Storey Terrace Total Units: 43 Indicative Price: RM378,800 onwards 3-Storey Terrace ... Read More
Malaysia property sector remains buoyant
HomeGuru.com.my country manager Steven Tan said there is a lot of interest among overseas investors to buy homes in Malaysia via the Malaysia My Second Home programme, especially in places like Sabah, Kuala Lumpur and Johor. “As for Penang, the trend is different as many locals are snapping up properties ... Read More
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