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Hua Yang to raise RM100m to buy land

Property developer, Hua Yang Bhd, plans to raise RM100 million capital to fund its land acquisition activities this year. Chief executive officer Ho Wen Yan said the amount was three times the size of capital expenditure (capex) spent last year for buying land. "With the RM100 million capex, we are ... Read More

Tighter lending rules

PETALING JAYA: Personal loans, which form part of household loans, are expected to grow 15% this year – a relatively slower pace than last year on stricter household lending rules coupled with external headwinds that impact economic growth. Malaysian Rating Corp Bhd chief economist Nor Zahidi Alias expected a moderation ... Read More

Spacious condo units a big draw at open house

VISITORS had plenty to see and do at a Chinese New Year open house held at the Mah Sing Group’s sales gallery in Batu Maung, Pe-nang. Besides a dragon dance per- formance, the God of Prosperity made an appearance to give out candies to guests. There was also a calligraphy ... Read More

Taman Mesra Permai 2

Taman Mesra Permai 2, strategically located within Jalan Ong Yi How and Bagan Lalang Township, in the vicinity of affluent residential communities. This development is also surrounded by established amenities such as Chung Ling High School, Bagan Jaya High School and Kwang Hwa Primary School that are just within the ... Read More

98 Nibong Residence

98 Nibong Residence, a condominium development by PLB Homes, strategically located within the established township of Sungai Nibong, Penang. It is only mere minutes drive to Bayan Lepas Free Trade Zone. Nearby amenities includes hypermarkets, shopping malls, commercial centre and financial institutions. Project Name : 98 Nibong Residence (formally known as ... Read More

Second Penang link to be ready sooner

GEORGE TOWN: The second Penang bridge is 3% ahead of schedule and is expected to be ready by October next year, said Chief Minister Lim Guan Eng. He said the construction work was proceeding well. “Although the bridge was expected to be ready in 2014, it is now expected to ... Read More

Hillpark Residences

Hillpark Residences, a gated and guarded residential development with 6 residential zones, comprising Double Storey Superlink Houses, Double Storey Zero Lot Bungalows and 2 1/2 Storey Bungalows. The contemporary architecture of the houses are complemented by the underground cabling & drainage system that maximizes the flexibility of space. Just 5 ... Read More

PDC to handle housing fund

THE state government’s fund for affordable housing will be managed and implemented by the Penang Development Corpo- ration (PDC). Chief Minister Lim Guan Eng said the PDC would ensure that the RM500mil was used to build affordable units for the lower income group in the state. “This is the largest ... Read More

Pine Residence

Pine Residence, a two tower 29-storey condominium located within the establish township of comprises 222 apartment units and penthouses. It comes with a choice of 6 layout designs and only 4 unites on each floor. Gross built-up areas: Block A Typical units - 1,600 sq.ft. Penthouse - 3,300 sq.ft. Block ... Read More

Aye to new housing loans

KUALA LUMPUR: The proposed new housing loan scheme for those in the low and middle income group here can keep the city “thriving, vibrant and youthful,” said the Real Estate and Housing Developers Association (Rehda). Its president Datuk Seri Michael Yam said Prime Minister Datuk Seri Najib Tun Razak and the Federal Territories and ... Read More