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Company set up by ex-directors and executives of S P Setia plans RM30bil projects

Company set up by ex-directors and executives of S P Setia plans RM30bil projects

Group to launch various developments on 1,214ha land bank, focusing on Klang Valley, Johor and Penang Eco World Development Sdn Bhd, a company set up by former directors and executives of S P Setia Bhd, is looking to launch projects with a gross development value (GDV) of RM30bil on 1,214ha of ... Read More
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QuayWest Residence

QuayWest Residence, a 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. The project is completed with CCC obtained in 2022. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft, varying from 3-bedroom, 2-bathroom ... Read More
Penang state goverment working with PDC to implement eight housing projects

Penang state goverment working with PDC to implement eight housing projects

THE state government together with the Penang Development Corporation (PDC) will carry out eight affordable housing projects, said state Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo. “Three projects will be on the island and five on the mainland. “The projects will provide nearly 20,000 affordable housing units ... Read More
Petrol price rise and migrant raids will increase house prices by up to 10%

Petrol price rise and migrant raids will increase house prices by up to 10%

People looking to own a house any time soon will have to pay at least 10% more for their dream home, according to developers. They said the increase was due to the double whammy that has hit the construction industry – higher costs of building materials resulting from the 20 ... Read More
House prices increasing due to high costs

House prices increasing due to high costs

Property developers say increasing house prices are due to high compliance and construction costs. They also attribute the rising cost to government agencies, especially local authorities and utility companies, said Real Estate and Housing Developers' Association Malaysia (Rehda) deputy secretary-general (Melaka branch) Datuk Anthony Adam Cho. According to Cho, the ... Read More
Royale Infinity @ Tambun Royale City

Royale Infinity @ Tambun Royale City

Royale Infinity, part of Tambun Royale City development by Jadi Group in Bukit Minyak. It is strategically located along Jalan Perindustrian Bukit Minyak and mere minutes drive to Bukit Tambun PLUS interchange. This development comprises 3 blocks of apartments with unit size ranging from 700 sq ft studios to 1,480 ... Read More
Looking after the affordable housing community

Looking after the affordable housing community

Measures to curb speculation in the property market and cross-subsidisation do not make for a healthy property sector in the medium to long term, according to the Real Estate and Housing Developers’ Association of Malaysia (Rehda). Rehda president Datuk Seri Michael Yam drew attention to the affordable housing segment, which suffers the ... Read More
Tropicana mixed project comprises hotel, suites and retail lots

Tropicana mixed project comprises hotel, suites and retail lots

A NEW high-rise development project along Macalister Road in Penang is poised to become the talk of the town when launched at the end of next month. The mixed integrated Tropicana 218 Macalister project, to be developed by Tropicana Corp Bhd (formerly Dijaya Corp Bhd), includes an international brand hotel ... Read More
Hunza plans 3 projects with GDV of RM1.4b over 4 years

Hunza plans 3 projects with GDV of RM1.4b over 4 years

Hunza Properties Bhd plans to launch three projects with a combined gross development value (GDV) of RM1.4 billion over the next four years, said its executive chairman Datuk Khor Teng Tong. He said the three projects – which will be Hunza's focus for the coming years – include an integrated ... Read More
PR1MA Phase 1 to feature 15 projects offering 20,000 homes priced under RM350K

PR1MA Phase 1 to feature 15 projects offering 20,000 homes priced under RM350K

Also plans to launch new projects in Setapak and Jln Jubilee in KL, Bayan Lepas in Penang, JB, Sabah and Sarawak soon. More than 20,000 homes will be built under 15 affordable housing projects in Greater Klang Valley, Johor, Penang, Sabah and Sarawak. “These 15 new developments are under Phase ... Read More