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Economists expect interest rates to rise
PETALING JAYA: Inflation will most probably rise in June, driven by increasing non-food prices and the electricity tariff hike. But economists are mixed on the longer-term trend of inflation as global energy prices have started to recede. May's inflation, up from 3.2% in April, also marks the highest rise since ... Read More
Tanjung Bungah’s only super condo to be ready in two years
1 TANJONG which represents Lone Pine Group of Companies' maiden foray into the luxury super condominium market, is set for completion by 2013. The group's marketing and corporate affairs general manager Mabel Ooi said work on the two 41-storey towers was on track. "We've incorporated eco-friendly features that reduce heat ... Read More
The Edge/Raine & Horne International Zaki+Partners Penang housing property monitor (1Q2011)
More growth expected as island sees new projects The Penang housing market is expected to grow further in 2Q2011 as more new developments come up with expectations of high take-up rates. Raine & Horne International Zaki + Partners director Micheal Geh says that in 1Q2011, the property market in Penang ... Read More
Property deals Down Under
LOCAL property buyers who are looking to invest Down Under can look forward to a showcase of the latest available Melbourne property at the Star Property Fair 2011 in Penang.It is presented by the Kuala Lumpur-based property consultant Jalin Realty. The highlights will include the EXO property at the Victoria ... Read More
Your 10 questions with Datuk Seri Michael Yam
1. The property and construction sector isn't free of complaints from consumers. Is it because of lack of enforcement of the laws? Bulbir Singh, Seremban This, in fact, is a fairly global problem. The nature of the industry, which entails multifarious activities and processes from design to contract and from ... Read More
Tambun Indah sees boom in revenue
KUALA LUMPUR: Penang-based property developer Tambun Indah Land Bhd expects higher revenue growth this financial year compared to 2010, due to the sustained property boom in Penang. Tambun Indah managing director Teh Kiak Seng said it was seeing strong interest in its ongoing projects from the industrial expansion on mainland ... Read More
Jazz Residence
Jazz Residence, strategically located opposite Tesco Tanjung Tokong and within the Sri Tanjung Pinang Millionaire Enclave. Built up area starts from 1,300+ onward. Location : Seri Tanjung Pinang, Penang Property Type : Luxury Condominium Built-up Area: 1,300 sq.ft. onwards Indicative Price: RM 860,000 onwards Developer: Sure Commerce Sdn. Bhd ... Read More
Permai Gardens
Nestled amongst the lush greenery and located in the heart of Tanjung Bungah, lies a gem like no other; the ever privately exclusive Permai Gardens; an impressive brainchild from renowned developer – BSG. Crafted brilliantly by reinventing contemporary lifestyle, allowing you access to complete solitude, yet keeping you amidst a ... Read More
70 Taman Sri Pinang flats up for sale
THE Penang Municipal Council (MPPP) is offering 70 units of the Taman Sri Pinang flats in Sungai Pinang, which were originally allocated for MPPP staff, for sale. The flats at Block 1 are now open for viewing between 9am and noon until Saturday. “Potential buyers can come at that time ... Read More
Work on Air Itam market on schedule
Phase Three of the RM1mil facelift for the Air Itam market in Penang is scheduled to begin next month. Air Itam assemblyman Wong Hon Wai said this phase involved the upgrading of six stalls for poultry. “In the first two phases which ended last month, 20 sundry goods stalls, 25 ... Read More
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- Affordable Housing (Penang Island)
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- Penang Arts District
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