KUALA LUMPUR: UDA Holdings Bhd expects the first phase of its RM165mil residential project as part of the redevelopment of Tanjong Tokong in Penang to be completed by the end of 2014. “The first phase will see the development of 550 apartment units to be spread out in eight to ... Read More

MALAYSIAN Resources Corp Bhd (MRCB) says the Penang Sentral project in Butterworth, estimated to be worth over RM3 billion, will begin in 2013 after more than four years of delay. Penang Sentral, an integrated mixed commercial development was expected to start in 2008 but works got delayed due to land ... Read More

THE Penang Municipal Council (MPPP) has approved 14 projects under the 87 units per 0.404ha guideline since it came into effect in June, 2010. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said stringent measures had however been imposed on developers to build the increased density units ... Read More

The Final Property Expo in Penang for 2012 held in conjunction with MEGA Home 2013 at PISA - last chance to catch the best buys in properties for 2012 in Penang ... Read More

MANY Penang Global City Centres (PGCC) may come up on Penang island following the raising of density for high-rise buildings, said a former Penang municipal councilor. Teh Leong Meng, who is a Gerakan leader, said this would result in traffic congestion and transportation woes. He said the Penang Municipal Council (MPPP) ... Read More

AT first thought, it might appear prudent to pay off a property loan as quickly and as soon as possible. However, is this really the wisest and smartest financial decision? Consider using cheaper home loans to grow your net worth. - LEE MUN WAI writes... Home loans usually have lower ... Read More

ALOR SETAR: Housing developers who advertise their projects in newspapers without permits from the National Housing Department (NHD) risk facing legal action. Housing and Local Government Minister Datuk Seri Chor Chee Heungsaid he recently discovered that private developers were advertising their housing projects without the necessary permits. “There are developers who ... Read More

Venn Signature, a gated and guarded residential development by Venn Group near Jalan Raja Uda. Strategic location with easy access to schools, wet market, banks and restaurants. Comprises 3-storey terrace houses with build size ranging from 3,490 sq.ft. onwards. Features include 2 spacious master bedroom, security guard house and 24 hours ... Read More

GEORGE TOWN: Debenhams, one of Britain's oldest retailers, is opening its third store in Malaysia amid the region's fast-growing economy. To be located at Gurney Paragon, Penang, the store will be Debenhams' first outlet outside Kuala Lumpur and also its first flagship store for the northern region. Debenhams Malaysia master franchisee ... Read More

GEORGE TOWN: The Penang Forum has called on the state government to ‘freeze’ the guidelines allowing for 87 housing units per acre (0.4ha) pending public consultation and proper planning. Its steering committee spokesman said the increased density in residential areas could only be allowed if there was a good public ... Read More