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property-cycle-anders-ong

The Property Cycle (Repeat Process)

by Anders Ong Sometimes some people earn more in property investment and sometimes some people just making lost in the market. Some are pure experts and some are pure luck if we had bought properties during the boom time every single person can also be an expert and boast about ... Read More
hk-folks-pg-properties

More HK folk buying property in Penang

Hong Kong house buyers are looking around in Penang. “Hong Kong people buying properties in Penang is not something new. But the number has definitely accelerated now,” said International Real Estate Federation (FIABCI) Malaysia president Michael Geh. “For the past five years, there had been quite a number of retired ... Read More
proposed-development-by-zantalite

UPCOMING: Teluk Kumbar / Zantalite Enterprise Sdn. Bhd.

*PROJECT CANCELLED* A newly proposed development by Zantalite Enterprise Sdn. Bhd. at Teluk Kumbar. Located along Lorong Gertak Sanggul, about 5 minutes drive away from Lexis Suites Penang. Surrounding amenities include SMK Seri Bayu, SK Teluk Kumbar, markets and popular seafood restaurants namely Hai Boey Seafood and Khunthai. This development ... Read More
wellness-city-of-dream-1

Ewein and CZC to jointly develop land opposite Gurney Plaza

Ewein Bhd is partnering Consortium Zenith Construction Sdn Bhd (CZC) to jointly develop land in Penang as a RM159.75 million development. In a bourse filing today, Ewein said its unit Ewein Zenith II Sdn Bhd, a wholly-owned unit of Ewein Zenith Sdn Bhd, which in turn is an 89%-owned subsidiary ... Read More
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Ascott Gurney Penang is set open in 2021

The first Ascott-branded serviced residence – Ascott Gurney Penang is set open in 4Q 2021. Singapore-listed CapitaLand Ltd’s wholly-owned lodging business unit, The Ascott Limited (Ascott), has secured the contract from Bursa-listed Plenitude Bhd to manage Ascott Gurney Penang. Located along the Gurney Drive promenade in George Town, The Gurney ... Read More
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GEM Residences – Live Next to the Largest Shopping Mall in Northern Region

GEM Residences - a new freehold condominium located at Jalan Baru, Prai, Penang is primed to bring a new standard of living to Prai, Penang by offering a range of well-designed modern living spaces for a wholesome lifestyle experience. Named after beautiful gemstones – Coral, Ruby, Sapphire and Diamond – ... Read More
quay-west-nov2019-5

SITE PROGRESS: QuayWest Residence (Nov 2019)

About QuayWest Residence Luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft. Tower B comprises 566 units of various types, 253 units of which ... Read More
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Housing controller has no power to grant EOT to developers

The Federal Court here yesterday ruled that the housing controller has no power to grant an extension of time (EOT) to developers to complete their property development projects. Chief Justice (CJ) Tan Sri Tengku Maimun Tuan Mat, leading a five-member panel, held that Regulation 11 (3) of the Housing Development ... Read More
Penang-LRT-977

97.7% of respondents supported Bayan Lepas LRT project

A total of 22,678 respondents or 97.7 percent of the participants in the public inspection session has supported the implementation of Bayan Lepas LRT Project. Penang Chief Minister, Y.A.B. Mr Chow Kon Yeow said the total number of participants in the related session until November 19, 2019 (from August 19) was ... Read More
penang-5-area-for-ppr

Penang earmarks five areas for PPR with Rent-To-Own scheme

The Penang government has identified five plots of land, specifically for the People’s Housing Projects (PPR). State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said they have earmarked two such plots on the island and three on the mainland. He said the five plots of ... Read More