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Housing supply and demand – are we nearing equilibrium?
Is there any equilibrium point in housing market, considering the many factors influencing demand and supply? The main determinants of the demand for housing are demographic. Population size and population growth are the core demographic variables. However, family size, the age composition of the family, the number of children, net ... Read More
Olive Tree Residences
Olive Tree Residences, part of the upcoming mixed development by Harta Intan. Located on a 3 arce site next to "The One" project in Bayan Baru, Penang. This 23-storey condominium comprises 91 residential units. This project was formally known as Mahsuri Condominium. Property Project : Olive Tree Residences Location : Bayan Baru, ... Read More
Olive Tree Terrace Shops
Olive Tree Terrace Shops, part of the upcoming mixed development by Harta Intan. Located along Jalan Mahsuri in Bayan Baru, Penang. This commercial parcel comprises 10 units of 3-storey shop houses. Property Project : Olive Tree Location : Bayan Baru, Penang Property Type : 3-storey Shop Offices Units: 10 Land Tenure: Freehold Developer : Harta Intan Group ... Read More
Ideas invited to make George Town vibrant
THE public can give their input on how to rejuvenate George Town in a survey to be carried out for the setting up of Asia's first Business Improvement Districts (BIDS). George Town Grants Programme director Dr Neil Khor (pic) said the George Town BIDS project was a public-private partnership where ... Read More
BM Highland @ Bukit Mertajam
BM Highland, an exclusive lush 16 acre freehold neighbourhood offering 15 bungalows, 46 semi-detached, 45 3-storey terrace and 42 2-storey terrace house. This is a Gated & Guarded residential development within the established township of Machang Bubok, Bukit Mertajam. 2-Storey Terrace Total Units: 43 Indicative Price: RM378,800 onwards 3-Storey Terrace ... Read More
Malaysia property sector remains buoyant
HomeGuru.com.my country manager Steven Tan said there is a lot of interest among overseas investors to buy homes in Malaysia via the Malaysia My Second Home programme, especially in places like Sabah, Kuala Lumpur and Johor. “As for Penang, the trend is different as many locals are snapping up properties ... Read More
Mah Sing beats 2011 RM2b sales target
Mah Sing Group Bhd has surpassed its 2011 full year sales target of RM2 billion by achieving RM2.04 billion sales as at Nov 15, 2011.The property developer also has very strong earnings visibility with unbilled sales of RM2.14 billion as at Sept 30, 2011. "This is more than two times ... Read More
Timely traffic alleviation plan?
PETALING JAYA: Steeped in history, Penang is famous for its food and heritage. But if there’s one thing most Penangites want to address, that will surely be its maddening traffic snarls on its congested roads. George Town’s colonial narrow roads and single direction lanes are now unable to keep up ... Read More
Jazz-ing up the Penang hotel scene
GEORGE TOWN Penang is set to see the entry of yet another five-star resort to meet continued tourist demand. The RM100 million sea-fronting Jazz Hotel Penang will open its doors by 2015, its operators said. Full-service hotel management company Ri-Yaz Hotels and Resorts Sdn Bhd will manage the 226-room hotel, ... Read More
Foreigners interested in project
PENANG'S property offerings have a far-reaching appeal, as reflected by a group from France who visited the 1Tanjong luxury condominium project in Tanjung Bungah. The French Teochew delegation, numbering around a dozen people, were in town for the 16th International Teochew Convention at the Penang Teochew Association. They decided to ... Read More
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- Rubber tyred type? ...Helmi on Penang LRT construction to start in December
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