The Federal Government should leave real property gains tax (RPGT) alone in the 2014 Budget. New Bob Group director Dr Lee Ville said that if the RPGT is increased, then it will dampen the property market, which has already started to cool. Lee is also president of ERA Malaysia, which ... Read More

WITH residential prices continuing to rise and and currently standing at 61%, 52% and 108% above the post Lehman troughs in China, Singapore and Hong Kong respectively, do interventions really help? And what are their effects on Malaysia? In the April issue of Asia Pacific Residential Review, Knight Frank brought ... Read More

Ideal Haus, the latest addition to One Residence project in Sungai Ara by Ideal Property Development Sdn. Bhd. This non-gated freehold development comprises 117 garden terraces that incorporates spaciousness, flexibility and modern simplicity for a sheer living comfort. Location : One Residence, Sungai Ara, Penang Property Type : single & 2-storey Terrace Land Tenure : Freehold ... Read More

THE Penang Municipal Council plans to convert Persiaran Minden 1, Persiaran Minden 2 and part of Persiaran Minden 3 in Gelugor into one-way streets. Under the proposal, the one-way traffic on Persiaran Minden 1 would be from Lorong Changkat Minden 14 towards Persiaran Minden 2. For Persiaran Minden 2, the ... Read More

One Imperial, strategically located within the establish township of Sungai Ara, Penang. Comprises five blocks of condominium with a total of 768 units. Cheapest unit has an indicative price of slightly below RM400,000 with the size of 1,050 sq. ft. Location : Sungai Ara, Penang Property Type : Condominium Land Tenure : Freehold Total Units: 768 ... Read More

THE Star Property Fair 2012 is back for its 10th year with a more interesting array of programmes. The Star regional operations manager (north) Chung Chok Yin said the overwhelming public response had contributed to the fair’s 10th edition. “I hope those who wish to buy houses will obtain useful ... Read More

THE public is advised not to fall prey by paying between RM5,000 and RM10,000 to unscrupulous syndicates which promise to secure low-cost (LC) or low medium-cost (LMC) units. Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said several syndicate members were going around promising applicants ... Read More

One Precinct, was known as Wikiworld back in 2007 and now it is making good progress. Located in a bustling and prominent district, One Precinct is only 10 minutes from the Free Trade Zones, Penang Bridge and Penang International Airport. Immediate surrounds are vibrant and comprises matured residential neighborhoods, commercial venues ... Read More

GEORGE TOWN: Tropicana Ivory Sdn Bhd's (TISB) RM10bil Penang World City (PWC) project in Bayan Mutiara will have affordably priced high-rise units and a world culture' component, featuring different cultural residential enclaves. TISB is a joint-venture company in which Dijaya Corporation Bhd holds a 55% stake, while Ivory Properties Group Bhd the remaining 45%. Ivory group ... Read More

GEORGE TOWN: Penang Chief Minister Lim Guan Eng has refuted claims that Ivory Properties Group Berhad – the winning bidder for the purchase of a 41.5ha plot of land in Bayan Mutiara – had submitted its tender proposal after the close of the bidding period. Lim said the company’s proposal ... Read More