S P Setia Bhd’s Penang property sales are expected to contribute RM399 million to the company’s group revenue for the financial year ending Dec 31, 2016 (FY16). “This is in line with Penang’s annual contribution of about 10% of group sales. The sales revenue from here would come from two ... Read More

Malaysians are finding it increasingly harder to get housing loans as banks have less money available to lend out, financial expert Gary Chua said today. Chua, who heads financial education firm Smart Financing, said the housing loan approval rate, which was at least 65 per cent about seven years ago, ... Read More

Rare and precious like the four-leaf clover revered as a symbol of good luck by many cultures around the world, its iconic architecture and layout is designed to bring residents all the privileges of wholesome living. Located in Sungai Ara, The Clovers auspiciously signifies living in a sanctuary blessed with ... Read More

More than 500 fishermen today rallied against the proposal to reclaim land off the Permatang Damar Laut coast for the RM27 billion Penang Transport Master Plan (PTMP) project. Spokesman Nazri Ahmad, 50, said reclamation will affect the livelihoods of fishermen from Sungai Pinang to Pulau Betong, the southwest coast of ... Read More

In about 3 weeks’ time, we will be celebrating the New Year. Each New Year comes with new resolutions and new goals. Some would plan to own big ticket items such as a house or a car as part of their resolution. If your plan is to own a new ... Read More

Sunway Property Penang will be organizing a Garden Fest on December 12, 2015, from 5pm to 9pm at its Sunway Wellesley Show Village in Bukit Mertajam. The Garden Fest aims to offer a nature-rich, fun-filled, experience for families in Bukit Mertajam to enjoy the evening together as part of the ... Read More

Some 1,000 acres of the land on the two islands that will be reclaimed to the south of Penang island as part of the state government's land swap deal with SRS Consortium for the Penang Transport Master Plan (PTMP) have been earmarked for industrial development. Recall that on Nov 27, ... Read More

Penang-based property player Ideal United Bintang Bhd (IUBB) plans to stick to affordable housing projects in the next two years, given the slowdown in the economy and property sector in the country. IUBB's executive chairman Datuk Alex Ooi Kee Liang said at present, the group will be concentrating on its ... Read More

There appears to be a new scam in town and it is targeting people who are looking to rent a place. A nurse who wishes to be known only as Charmaine was almost conned by a “Mr Sim” and his wife “Madam Chew” after she contacted them about a room ... Read More

After numerous delays, Tambun Indah Land Bhd (Tambun Indah) finally received its Advertising Permit and Developer Licence (APDL) last week from the urban wellbeing, housing and local government ministry to launch its new projects. Recall, due to the long-awaited process to obtain the APDL, Tambun Indah had not been able ... Read More