Therefore, it makes sense for the likes of SP Setia Bhd to eye a stake in such companies as landbank in Penang is depleting and buying the plots there is not easy and cheap, they added. "Having a stake in companies such as Eastern and Oriental Bhd (E&O) will directly ... Read More

IVORY Properties Group Bhd has chipped in to become the venue sponsor for the Penang Starwalk which will have a new route this year. The walk will be flagged off from Birch House which is the company?s office located next to the Penang Times Square which is developed by Ivory ... Read More

SOME 90 low-cost units costing RM35,000 each will be built in Permatang Damar Laut in Batu Maung, Penang, this year. Batu Maung assemblyman Abdul Malik Kassim, who is also a state exco member, said the units would have a built-up area of 700sq ft. Without naming the developer, he said ... Read More

Wellesley Residences, the fourth phase of Harbour Place township in Butterworth. A total of 401 new units will be built in a 27-storey and 30-storey blocks. With emphasis on both practicality and appeal, the architectural design simply dwells in the extraordinary. Sensuous, soothing, indulging. Wellesley Residences hides a wealth of undiscovered ... Read More

Taman Jelutong Indah Phase 2 is located along Tun Dr. Lim Chong Eu Expressway, within the established township of Jelutong, Penang. Property Project : Taman Jelutong Indah Phase 2 Location : Jelutong, Penang Property Type : Apartment Tenure : Leasehold Built-up Area: 900 sq.ft. Total Units : 382 Developer : ... Read More

THE developer of Harbour Place, a new township pro-ject in Butterworth, has launched the fourth phase of its trendy condominiums known as ‘Wellesley Residences.’ The project undertaken by PJD Eastern Land Sdn Bhd is located on a 12.1ha site in the heart of town. Currently, the township has three existing ... Read More

Business Times has learnt that CP Land Sdn Bhd, the property arm of the CP Group, has disposed of 40 hectares of land it owns in the Queensbay area at Bayan Lepas to a Penang-based property player. Sources said the land was sold at RM420 per sq foot (psf) to ... Read More

KUALA LUMPUR: Having established a foothold in four states in Peninsular Malaysia, mid-sized property developer Hua Yang Bhd is on the lookout for land in Sabah and Penang to cement its position as a nationwide affordable home builder. Chief financial officer May Chan said Hua Yang was actively looking for ... Read More

GEORGE TOWN: Ivory Properties Group Berhad will develop the Bayan Mutiara mixed development project tendered out by the Penang Development Corp (PDC). In a press release, its board of directors announced that the group had received and accepted the letter of acceptance from PDC on July 25. “We received the ... Read More

GEORGE TOWN: About RM150mil worth of property has been sold or booked at the just-concluded Star Property Fair 2011, reflecting optimism in the property market here. Star Publications (M) Bhd regional operations manager (north) Chung Chok Yin, who is the organising chairman of the four-day fair, said the number of ... Read More