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Option to pay instead of build LMC, low-costs may not apply

THE state government may reject applications by housing developers to pay premium in the event they could not build low medium-cost (LMC) and low-cost (LC) units. State Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said the state might reject such applications if they were to ... Read More

PKR rep claims fraud in housing unit selection process

GEORGE TOWN: A PKR assemblyman, alleging fraud in the allotment of low-medium cost units, wants assemblymen from Pakatan Rakyat to be involved in the selection process. Kebun Bunga assemblyman Jason Ong Khan Lee said this was because those who were not entitled were given approval by the State Housing Unit ... Read More

BRDB aims to deliver RM1bil in property sales annually

Bandar Raya Developments Bhd has residential property developments worth about RM6bil in recognisable gross development value (GDV) over the next three to five years, according to the group’s chief executive officer Datuk Jagan Sabapathy. The group is aiming to deliver property developments worth RM1bil in GDV every year, starting from ... Read More

Mah Sing wins big at NST Property Awards

KUALA LUMPUR: Mah Sing Group Bhd won big at the NST Property Awards last night.Group managing director/group chief executive Tan Sri Leong Hoy Kum was named Property Man of the Year and the group bagged the Best Lifestyle Developer award.Held for the second time, the NST Property Awards saw the ... Read More

Ewein acquires Menara IJM Land for RM50mil to diversify activities

EWEIN Berhad is buying Menara IJM Land for RM50mil from IJM Properties Sdn Bhd, a subsidiary of IJM Land Berhad. In its announcement to Bursa Malaysia yesterday, Ewein said the expected total gross income per annum from the renting of the units and car parks comprising Menara IJM Land was ... Read More

Construction: Transforming Penang

The Edge weekly reported that the Penang government is mulling over RM8 billion worth of projects to enhance connectivity within the state, apart from resolving its traffic woes. At the forefront is a third link that involves an underground tunnel from Gurney Drive to Bagan Ajam on the mainland. The ... Read More

Quattro Zen

Quattro Zen, an upcoming residential development by Marvellous Land Sdn. Bhd. It is located along Jalan Sempadan within the established township of Ayer Itam. Property Project : Quattro Zen Location : Ayer Itam, Penang Property Type : 3-Storey Terrace Tenure : Freehold Total Units : 12 Developer : Marvellous Land Sdn. Bhd ... Read More

State wants feedback on Swettenham Pier plans

The Penang Government is pro-posing the redevelopment of Swettenham Pier and wants feedback and views from the public on its plans. Chief Minister Lim Guan Eng said the state was considering putting together a Request for Proposal (RFP) application for the development of an integrated waterfront and seaport at Lot ... Read More

Sierra Residences

Sierra Residences, an all-in-one integrated lifestyle development located along Jalan Fettes within the thriving township of Sungai Ara, Penang. A masterplanned community featuring medium and high-end condominiums and a vibrant commercial pocket in a tranquil riverside setting. Project Name : Sierra Residences Location : Sungai Ara, Penang Property Type : Condominium Built-up Area : 900 ... Read More

Ardmore Residence

Expect nothing less than the best at Ardmore Residence. This exclusive gated neighbourhood located in the rapidly developing Jelutong area, offers an exciting world of leisure to residents. Discerning homes with generous built-up areas, together with a premier private clubhouse, are part of the luxurious living experiences to be enjoyed ... Read More