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Penang property market outlook in 2014

Penang property market outlook in 2014

PROPERTY prices in Penang have risen by leaps and bounds since about seven years ago. The announcement of the second bridge in Penang in late 2006 is a key reason for the increase in property prices. Raine & Horne Malaysia director Michael Geh said that the price of vacant land ... Read More
Important Notice and Disclaimer

Important Notice and Disclaimer

The articles published in PenangPropertyTalk.com are purely the writers’ own views and opinions on the property project and it is not an advertisement by the developer or agent, unless stated otherwise. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider ... Read More
Taman Kota Permai 2 - Phase 3

Taman Kota Permai 2 – Phase 3

Taman Kota Permai 2, an upcoming development located within the bustling township of Bukit Mertajam, Penang. The third phase of this development comprises one unit of 3-storey bungalow and 12 units of semi-detached houses. It is only mere minutes drive from Juru toll (Autocity) and about 15 minutes drive from ... Read More
Developer aims for gold with green building efforts

Developer aims for gold with green building efforts

IDEAL United Bintang Bhd (IUBB) is targeting to obtain the gold Green Building Index (GBI) certification for the Tree Sparina and Solaria projects in Bayan Lepas, Penang. IUBB senior strategic design manager Gan Heng Fey said in an interview that solar panels and rain harvesting systems were among the green ... Read More
Penang: Past, present and future

Penang: Past, present and future

THERE is always a past and present which justify and lead the incoming future. Penang is a fascinating storyteller which has been able to treasure antique flavours while developing modern high-tech manufacturing enclaves that have attracted the world’s attention. Past memories… Treasures of the future On July 7, 2008, a ... Read More
Bayu Residencia @ Taman Tanah Aman

Bayu Residencia @ Taman Tanah Aman

Bayu Residencia, a collection of 14 exclusive 3-storey bungalow units within a guarded community in Bukit Mertajam, Penang. This development is strategically located along Jalan Bukit Tengah, with easy access to Penang bridge, Shopping malls, eateries and schools. The bungalow houses come with land size ranging from 8,956 sq.ft. to ... Read More
New toll-free paired road to be built between Air Itam and Bukit Jambul

New toll-free paired road to be built between Air Itam and Bukit Jambul

A NEW paired road costing RM300mil will be built to connect Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul, Penang, Chief Minister Lim Guan Eng said. The new link - Jalan Bukit Kukus - is an alternative way to ease traffic congestion in Jalan Paya Terubong, ... Read More
Units priced from RM292,000 to RM390,000 will be built in Paya Terubong

Units priced from RM292,000 to RM390,000 will be built in Paya Terubong

THE state government has managed to get a developer to build 7,658 affordable homes in Paya Terubong, Penang. Chief Minister Lim Guan Eng said PLB Land Sdn Bhd had agreed to build the units ranging from 750 to 1,000sq ft priced between RM292,500 and RM390,000. The developer is also the ... Read More
No surprises in property report

No surprises in property report

PROPERTY experts say the findings of the Property Market Report 2013, released last week by the National Property Information Centre, came as no surprise, with the various cooling measures having their intended effect of curbing speculation and excessive price growth. Less certain is whether demand will recover in earnest during ... Read More
E&O bullish about Seri Tanjung Pinang project

E&O bullish about Seri Tanjung Pinang project

EASTERN & Oriental Bhd’s unit Tanjung Pinang Development Sdn Bhd can look forward to getting the go-ahead from the Penang government for its Seri Tanjung Pinang (STP) phase two project if it complies to all the technical and regulatory requirements for the project. In an interview at the Chief Minister’s ... Read More