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Upbeat views on Malaysian property

GEORGE TOWN: Despite the global economic crisis, property investments coming into the country and going to overseas this year are expected to increase substantially. The recently introduced 10% stamp duty for foreigners buying properties in Singapore has increased the attraction of Malaysia as a property investment destination. Property investments flowing ... Read More

Slated for redevelopment

RESIDENTS living in the century-old settlement in Gat Lebuh Sandilands off Jalan C.Y. Choy can look forward to better living conditions as a redevelopment proposal for the area has been put in place. Housewife Loh Bee Luan, 67, said the place was always infested with mosquitoes which breed in stagnant ... Read More

Residents up in arms over proposed flyover

BUKIT MERTAJAM: Some 100 residents of Taman Desa Damai in Bukit Mertajam held a peaceful gathering to protest against the proposed flyover between Jalan Nangka in Taman Desa Damai and Jalan Perda Timur in Bandar Perda. They claimed the flyover, which is to be built over the double track railway ... Read More

Upcoming developments

THE year 2013 is pretty much a busy one for Dijaya Corp Bhd as it is planning some 12 launches spread over the Klang Valley, Penang and Johor. One of the more imminent ones include The W Hotel & The Residences, which deputy managing director of Dijaya Dickson Tan is ... Read More

The importance of research is rising as more Malaysians look at property as an investment alternative

THE property market is highly volatile and thrives on speculation. Although Malaysia is considered a fairly stable market with steady appreciation in value, unlike other places around the globe, it is important for Malaysians to understand when and where they should invest their money. It was reported last year that ... Read More

Free shuttle service to spread its wings

BUKIT MERTAJAM: The Penang government’s free ‘Park & Ride’ shuttle service will be extended to cover Bandar Perda in Bukit Mertajam and Highway Auto City in Juru effective Sept 3. State local government and Traffic Management Committee chairman Chow Kon Yeow said two new feeder hubs, with free car parking, ... Read More

Budget to ensure prices of property remain affordable

PETALING JAYA: Budget 2013 will see more measures to control the soaring prices of property, including tighter fiscal policies to curb speculation. Housing and Local Government Minister Datuk Seri Chor Chee Heung said most Malaysians felt today’s property prices were “far too high” and wanted the Government to see to ... Read More

No property bubble in M’sia; Sunway chairman says local prices affordable

The local property industry continues to face many obstacles despite signs of steady economic growth, which was announced recently for the second quarter and the first-half, underpinned among other factors by a jump in construction activity as well as healthy consumption. Among the challenges the industry faces, according to Asian ... Read More

IJM Land targets higher property sales in FY13

IJM Land Bhd looks forward to another year of growth due to the strong demand for properties in the country. Group chief executive officer and managing director Datuk Soam Heng Choon said that for the current financial year ending March 31, 2013 (FY13), the group aimed to “do better than ... Read More

Mahkota Impian

Mahkota Impian, the first high-rise development by DNP Land in Alma, Penang. It is strategically located at Impiana Square, next to Tesco and the upcoming AEON shopping center. This development comprises a commercial plaza and 360 service apartment units with built-up area ranging from 900 - 1,200 sq. ft. Project Name : ... Read More