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Efforts to curb property speculation

Efforts to curb property speculation

THE government will initiate measures to address various issues gripping the property sector, including curbing rampant speculative activities in the market. Housing and Local Government Minister Datuk Seri Chor Chee Heung said he would present to the cabinet findings of an industry meeting which could be used to come up ... Read More
Jambul Heights

Jambul Heights

Jambul Heights, a low density residential development by Aurora Properties Sdn. Bhd. This condominium is strategically located within the established township of Bukit Jambul, Penang. Comprises 62 condo units with built-up area from 1,221 sq.ft. onwards. Spacious layout with 3 bedrooms and 3 bathrooms, and comes with 2 car parks ... Read More
Are developers really making too much?

Are developers really making too much?

LATELY, there have been many ongoing discussions on the topic of high property prices. It made me ponder on the various causes that might have contributed to the situation, including the question of whether developers are making too much. As I took a sip of tea, many thoughts came to ... Read More
Thousands in Penang hit by morning floods

Thousands in Penang hit by morning floods

GEORGE TOWN: Thousands of residents in low-lying areas were hit by an early morning flood after a downpour that started at 3am. Parts of Jalan P. Ramlee, Jalan Sungai Pinang, Jalan Patani, Jalan Air Itam and Jalan Datuk Keramat were flooded. The water level was knee-deep in some areas, and ... Read More
Kobay Jelutong

Kobay Jelutong

Kobay Jelutong, an upcoming mixed development by Kobay Properties Sdn Bhd strategically within Jelutong township in Penang.  This project comprises shopping mall, shop lot, SOHO towers, apartment as well as a low medium cost apartment. This project is currently in planning  stage and it is yet to be confirmed. Please ... Read More
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27 Green Terraces @ Ghee Hiang Gardens

27 Green Terraces, located in Ghee Hiang Gardens, within the established township of Gelugor, Penang. This is a freehold residential development by Six Eleven Assets Group comprises 27 three-storey family homes built to the highest standard of quality and with style. Each unit comes with a modern, contemporary design that ... Read More
Penang govt sets aside land for cheap housing

Penang govt sets aside land for cheap housing

GEORGE TOWN: The state government, stung by criticism over the Taman Manggis issue, has finally allocated a portion of land for a People’s Housing Project (PPR). “We will be building 1,328 units of affordable housing on a 4.4ha plot of land with work expected to commence next year. “The Penang ... Read More
Compact city model

Compact city model

A HIGH-DENSITY and compact city form will be an ideal development pattern for Penang island as it is facing a shortage of land. Penang Municipal Councillor Ng Chek Siang said Penang island was facing a shortage of land. He said that forest reserves and hill land covered an estimated 52% ... Read More
Lim: Stop-work orders issued seven times more than before

Lim: Stop-work orders issued seven times more than before

BUTTERWORTH: Stop-work notices have been slapped against errant property developers who failed to abide by necessary guidelines and regulations, Chief Minis-ter Lim Guan Eng said. He said between 2008 and 2011, the Penang Municipal Council (MPPP) issued 259 temporary stop-work notices on development projects on the island. And between April ... Read More
Villa Lagenda

Villa Lagenda

Villa Lagenda, strategically located along Jalan Song Ban Kheng, one of the fastest growing areas in Bukit Mertajam. This is a guarded residential development comprises limited unit of 3-storey semi-detached and bungalows. Facilities include but not limited to private clubhouse, gym and swimming pools. This development is setting a new ... Read More