by Previndran Singhe I must applaud the Malaysian government’s responsiveness in trying to manage the perceived property bubble, with specific focus on the residential luxury market. When we were in university, we were told that a property bubble is usually preceded with what one calls an euphoria of buying, demand ... Read More

A proposed residential development by CST Devlopment Sdn. Bhd. at Seberang Jaya. Located along Jalan Permatang Pauh, adjacent to Taman Nalui Ria. It is only 1km away from Butterworth-Kulim expressway, just a mere minutes drive to North South Expressway. Surrounding high-rise residences include Kelisa Residence, K Residence and Primero Heights ... Read More

The Hildens, 21 storeys high and featuring modern designs with a spacious built-up. Strategically located along Jalan Kulim, this distinctive development is poised to elevate contemporary living in Tokun to new heights. It is only few minutes drive to shopping malls and close to all local amenities. The project is still pending for approval, ... Read More

The government today announced an indefinite freeze on the development of luxury properties worth more than RM1 million per unit. The freeze, according to Second Finance Minister Johari Abdul Ghani, had come into effect since Nov 1. He said Cabinet had recently scrutinised a detailed central bank report published in ... Read More

Penang's residential property transactions is expected to experience more than 5% contraction this year compared to 2016. Raine & Horne Malaysia senior partner Michael Geh tells StarBizWeek he is projecting a more-than-five-percentage dip in residential transactions in 2018 although there is “still strong interest and confidence” in Penang. The first half of ... Read More

A newly proposed mixed development by Aspen Vision City Sdn. Bhd. (Aspen Group) at Batu Kawan. This is part of the 245-acres masterplaned development of Aspen Vision City, located between IKEA Store and Vervea commercial precint. The proposed development comprises 20 units of shop offices and three high-rise towers, offering ... Read More

A total of 100 M Vista apartments have been taken up at a preview held at a show gallery in Batu Maung, Penang. “This overwhelming response indicates a strong demand for affordable property. “M Vista comprises 237 apartments located in Batu Maung. “The units are priced from RM345,800,” said Mah ... Read More

Columbia Asia, an upcoming private medical centre at Batu Kawan. The brand offers 29 medical facilities across Asia with 12 in Malaysia. It provides healthcare services at affordable price with facilities of international standards. The full-service hospital at Aspen Vision City is the only Columbia Asia facility in Penang and the ... Read More

The overhang in stratified properties or apartments and condominiums has worsened, with the number of unsold units rising 40% to 20,876 units in the first half of the year (H1 2017) from 14,792 units in H2 2016. Deputy Finance Minister II Datuk Lee Chee Leong said the 20,876 units are ... Read More

The consortium entrusted to construct the proposed undersea tunnel and two paired highways have downplayed a news report that the multi-billion ringgit project was in jeopardy following the move by one of its contractors, Mudajaya Group Bhd to withdraw from the RM810 million contract that it had won to build ... Read More