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Penang property market likely to sustain 5pc-10pc growth

GEORGE TOWN: The property market in Penang is likely to see sustainable growth of between five and 10 per cent next year, says Real Estate and Housing Developers' Association Malaysia (Rehda) Penang. Chairman Datuk Jerry Chan Fook Sing, said the market here will be driven by continuous business activities and the ... Read More

A place for all seasons

PENANGITES, especially those from Air Itam and Bandar Baru Air Itam, now have a new hangout place — All Seasons Place lifestyle strip mall. This new hip place, with renowned food and beverage (F & B) retail outlets and other shops, is located in Lebuhraya Thean Teik. The mall with ... Read More

2013 Global and Malaysia Outlook by President of MINGs, Prof Joe Choo and Stephen Chin in Penang

* Article by Scientific Feng Shui * The burning questions in 2012 were whether the world will end as the Mayan calendar and the "2012" movie predicted and whether the global economy will finally recover. As you are wondering, it's obvious the pseudo-scientist mis-interpreted the meaning of the Mayan calendar's ... Read More

More Malaysians now living in posh areas

PETALING JAYA: Many Malaysians are now occupying high-end condominiums and apartments in prime locations in the Klang Valley, including the KLCC and Mont Kiara areas, which were previously exclusive to mostly expatriates. The Malaysian Institute of Estate Agents (MIEA), which said it has been seeing a demographic shift in the ... Read More

Property market to remain strong

THE property market in 2013 is expected to remain strong with prices not likely to drop, said Malaysian Institute of Estate Agents (MIEA) president Nixon Paul. He said this year, despite the many misconceptions surrounding the property market, the second half of the year showed that investors were returning, especially ... Read More

K Residence

K Residence, a freehold development located within Seberang Jaya township. Within 10 minutes drive away from Penang Bridge, it offers easy access to many hot-spots in mainland including but not limited Sunway Carnival Mall and Tesco. Comes with three types of spacious design - Corner unit (1,640 sq.ft.), Intermediate (1,338 sq.ft.), Penthouse ... Read More

2013 start for IJM’s RM5bil Penang project

GEORGE TOWN: IJM Land Bhd will commence work for its RM5bil commercial precinct next to the Penang Bridge in the second half of next year. Its chief executive officer Datuk Soam Heng Choon said the commercial precinct located on a 102-acre site would comprise four hotels, a shopping centre, a convention centre, and an ... Read More

So are we experiencing a property bubble?

* Article by Freemen * It’s official. The property market is sizzling hot. Recent property launches on Penang Island saw Penangites queuing up in the wee hours of the morning hoping to secure a unit. Not surprisingly, all units are snatched up like hot cakes. It amazes me that these ... Read More

Aston Park (by Ivory)

Aston Park (by Ivory), an upcoming 18-storey condominium by Ivory Properties Group in heart of Bukit Mertajam. This development is located along Jalan Aston, just a stone throw aware from Jit Sin Independent High School and The Summit Bukit Mertajam. Comprises 202 residential units with built-up area ranging from 1,150 sq.ft ... Read More

PR1MA projects in Penang

GEORGE TOWN: The dream of middle-income group earners in Penang to own a home will come true in three years, thanks to Prime Minister Datuk Seri Najib Razak and the 1Malaysia People’s Housing Scheme (PR1MA). Najib is expected to announce several projects for Penang to address the housing shortage in ... Read More