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Fire Monkey

A challenging Fire Monkey year

AS the Fire Monkey swings in to take its place, many have predicted this year as a challenging one. So, what’s in store for everyone in this particular year? Many came to me for advice on how to deal with this challenging period. Frankly speaking, I am not a feng ... Read More
air-itam-road-widening

Roads being widened for bypass

Several roads in Kampung Pisang, Air Itam are undergoing road widening works to complement the upcoming 4.6km bypass connecting the Tun Dr Lim Chong Eu Expressway with Bandar Baru Air Itam. The bypass, scheduled for completion in 2019, is part of a comprehensive package of four traffic management projects totalling RM6.3bil, ... Read More
greenwish-garden

Greenwish Garden

Greenwish Garden, an upcoming residential development in Batu Maung, Penang. It is strategically located within Taman Iping, adjacent to Schenker Logistic. This project was acquired from Phoenix Residence by PLB Homes few months ago. It comprises 32 units of 2-storey semi-detached (Type A & B) and 2 units of bungalow ... Read More
picc

Penang International Commercial City (PICC)

Penang International Commercial City (PICC), a RM10bil mixed development by Hunza Properties Bhd. in Bayan Baru. It is strategically located along Jalan Tun Dr. Awang, just a stone's throws way from sPICE. This development will be built in three phases and planned for completion by 2026. It comprises a shopping mall, medical ... Read More
khor-siang-gin

Hunza puts in motion plans to develop mega project

The slow property market has not stopped developers from planning projects ahead. One of them is Hunza Properties Bhd that is ready to implement the first phase of its RM10bil mixed-development project in Bayan Baru in 2017. This follows the issuance of completion and compliance certificate for its 690 units ... Read More
rahim

Call for greater clarity on RM300,000 limit for first-time home buyers

International property consultancy firm Rahim & Co is hoping a guideline will be provided on the newly-imposed limit on sales of new homes priced up to RM300,000 for first-time home buyers. "A clearer guideline is probably required. Developers can price a project at RM300,000 a unit but it may be ... Read More
construction

Levy hike may raise prices Property buyers likely to bear brunt of new fees

Construction industry experts warned of additional costs being passed on to property buyers following the increase in foreign workers’ levy. Master Builders Association (MBAM) even cautioned that the prices of houses could increase owing to this reason. “The levy hike will impact the construction industry,” said MBAM deputy president Foo ... Read More
pic1

Penang Property Market Outlook (H2) 2015

Volume of transactions is expected to decline in Penang, says Henry Butcher Malaysia (Penang) Key Economic Indicator Penang’s Gross Regional Product (GRP) was mainly contributed by the manufacturing and services sectors. Manufacturing accounted for 50% of the GRP shares while 46% was from the services sector. Manufacturing’s main sub-sectors include ... Read More
reclamation

Reclamation documents open for public viewing

The public can have access to documents and agreements for two reclamation projects in Penang starting from today. State secretary Datuk Seri Farizan Darus said the relevant documents for the two projects — 10.11ha in Pantai Jerejak and 14.16ha in Bayan Mutiara — were open for public viewing from 9am ... Read More
upcoming-pingat-mutiara

UPCOMING: Bukit Gambier / Pingat Mutiara Sdn. Bhd.

While we are still waiting for Nadayu 290 at Bukit Gambier, here is yet another condominium proposed next to it. The newly proposed development comprises a 39-storey building with 222 residential units. It is strategically located along Jalan Bukit Gambier, about 1.5km from University Science Malaysia (USM). Other amenities such ... Read More