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![Sunway Merica in Penang - open for registration](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Sunway Merica in Penang – open for registration
Sunway Merica, the three-storey semi-detached homes in Sungai Ara by Sunway City (Penang) Sdn Bhd (SCPSB), a wholly owned subsidiary of Sunway City Berhad (SunCity), is now open for registration. Sunway Merica is a residential development that allows families to enjoy the comforts of a modern and contemporary lifestyle. These ... Read More
![Tambun indah to acquire land in Penang](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Tambun indah to acquire land in Penang
Tambun Indah Land Bhd, a leading property developer in Penang, is planning to acquire 3.2 hectares of land next year.Managing Director Ir Teh Kiak Seng said the group had identified 1.6 hectares on the mainland and another 1.6 hectares on Penang island with a gross development value (GDV) of approximately ... Read More
![CapitaMalls Asia to acquire Queensbay Mall in Penang.](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
CapitaMalls Asia to acquire Queensbay Mall in Penang.
SINGAPORE: CapitaMalls Asia Limited is set to add another mall to its portfolio with the proposed acquisition of Queensbay Mall in Penang for RM651.8 million. According to Lim Beng Chee, CEO of CapitaMalls Asia, Queensbay Mall will form the seed asset for the trust's planned RM1 billion Malaysia retail property ... Read More
![Property to remain buoyant in 2011](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Property to remain buoyant in 2011
The property market in Malaysia is expected to remain buoyant next year, seeing a moderate uptrend in prices, in line with economic growth and growing interest among foreigners.Speakers at a press conference on the Fourth Malaysian Property Summit 2011 here today said, no property bubble is expected in the foreseeable ... Read More
![Penang property a goldmine](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Penang property a goldmine
Property in Penang will continue to remain a favourite choice among investors as it is expected to show returns that are above the national average.Henry Butcher Malaysia (Penang) Sdn Bhd director Dr Jason Teoh said property investment was generally perceived to have a longer term horizon as it was not ... Read More
![BNM may increase interest rates in 2011](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
BNM may increase interest rates in 2011
A rise in consumer price index (CPI) may impel Bank Negara Malaysia (BNM) to resume increasing interest rates, by 25 basis points each in the second and third quarter of 2011, respectively.The central bank, however, is expected to keep its monetary policy on hold in the first quarter of 2011 ... Read More
![No woes from 5/95 home loans foreseen](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
No woes from 5/95 home loans foreseen
PETALING JAYA: As the timeframe for repayment of homes purchased under the 5/95 home loan scheme draws near, all eyes will be on the ability of buyers to repay their loans amid forecasts of a slowing economy next year.A banking industry source estimated that 20% to 30% had started repayment ... Read More
![Penang should allow more reclamation to address land shortage](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Penang should allow more reclamation to address land shortage
GEORGE TOWN: The state government should allow more reclamation, higher plot ratio, development above 250 feet in certain areas and development of other parts of the island to address the current land shortage for property development.Penang Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said with land ... Read More
![Hunza braces for transformation](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Hunza braces for transformation
THE completion of a lifestyle shopping mall along with an office tower by 2012 is set to transform Hunza Properties Bhd (HPB) (5018) from a property developer to that of a real estate landlord. The Penang-based company, which is due to announce two new anchor tenants for its Gurney Paragon ... Read More
![Rehda: High cost of land reason for steep house prices in Penang](https://www.penangpropertytalk.com/wp-content/plugins/pt-content-views-pro/public/assets/images/default_image.png)
Rehda: High cost of land reason for steep house prices in Penang
GEORGE TOWN: The Real Estate and Housing Developers' Association (Rehda) of Penang is claiming that the high cost of land is the main reason for houses being sold at high prices in the state.Chairman Datuk Jerry Chan Fook Sing said the high cost of land was also the reason for ... Read More
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- @Lim You shouldn't give all the blame to Penang state gov. That's the vision from...Hee Chan on Boon Siew Group NOT buying land near Gurney Drive reclaimed area
- The Penang state government's planning for affordable housing is foolish! They have implemented a set...Lim on Boon Siew Group NOT buying land near Gurney Drive reclaimed area
- @chookimhock Right. It will limit the Bridgeview of those corner unit. As of seaview at...Hee Chan on New housing projects must have 1 or 2 blocks of Madani units
- @Islander I've checked out the site and The Pier will not block much of the...chookimhock on New housing projects must have 1 or 2 blocks of Madani units
- Hi any available units? ...J.koo on SITE PROGRESS: D’ Starlingtton (Sep 2024)
- Hi, would like to join the chat group too. Thank you!! ...KY on Waterside Residence
- @KC Counting from The Zen VP date to renovation and moving in (assuming own stay...Islander on New housing projects must have 1 or 2 blocks of Madani units
- No new update regarding this project since 2023? ...Joel on Sunshine Central
- @Hee Chan I will consider a penthouses unit later once checking my BMW able to...Ryu on New housing projects must have 1 or 2 blocks of Madani units
- @Islander Why only 4 mths for The Zen, mind to elaborate as it's unfair comments...KC on New housing projects must have 1 or 2 blocks of Madani units
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