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UDA plans more talks with Govt on funding for build-and-sell

UDA Holdings Bhd plans to further negotiate with the Government to provide funding for the build-and-sell housing initiative. Chairman Datuk Nur Jazlan Mohamed argued that if the company was to develop property based on the build-and-sell concept without any aid from the Government, it would tremendously hurt its cashflow. “Discussions are ongoing ... Read More

Strata Bill needs work

THERE is no doubt that the quality of life of Malaysians living in flats, apartments and condominiums can be improved. Part of the problem is poor management. As such, it is commendable of the Housing and Local Government Ministry to introduce a new law to improve management. The Strata Management Bill ... Read More

Penang property prices soar

PETALING JAYA: Property prices have shot up by about three-fold in Penang because of an increase in surcharges imposed by the Pakatan Rakyat-led government, claimed a former council official. According to former Penang Municipal Council's Town Planning Department acting director Khoo Boo Soon, the additional cost imposed on developers were eventually ... Read More

Beverly Heights

Beverly Heights, a luxury gated and guarded development located within Bukit Gambier township. Comprises 17 units of 3-storey bungalow houses selling from RM4.5 million onwards. Project Name: Beverly Heights Location : Bukit Gambier, Penang Property Type : Bungalow Total Units: 17 Land Tenure: Freehold Indicative Price: RM4,500,000 onwards Developer : Metrio Development Sdn. Bhd. Location Map: ... Read More

RM640mil business park

TAMBUN Indah Land Bhd will develop the RM640mil Pearl City Business Park on 107 acres in Simpang Ampat in early 2013, the biggest commercial centre in the northern region. Phase one of the project comprises a tenant-mixed control leisure mall with food and beverage and retail outlets, a karaoke and a ... Read More

D’Mansion

D'Mansion, an upcoming low density development by Mansion Properties Sdn. Bhd. in Bukit Dumbar, Penang. It is strategically located along Jalan Bukit Dumbar, within minutes walk to Dumbar Park. Property Name: D'Mansion (Formerly known as J Suites) Location : Bukit Dumbar, Penang Property Type : Residential Land Tenure : Freehold Developer : Mansion Properties Sdn. Bhd. Contact No.: ... Read More

Malton unit to develop Penang land

PETALING JAYA: Property firm Malton Bhd's wholly-owned subsidiarySilver Setup Sdn Bhd (SSSB) has entered into a joint-development agreement with Batu Kawan Development Sdn Bhd to jointly develop a 300-acre piece of land in Batu Kawan, Penang into a mixed commercial and residential development with a gross development value of RM3.8bil. Malton told Bursa Malaysia ... Read More

86 Avenue Residences

86 Avenue Residences, strategically located within the bustling neighbourhood of Jelutong, Penang. With easy access to Georgetown, Tun Dr. Lim Chong Eu Expressway and Penang Bridge. This freehold development comprises 96 units of semi-detached concept apartment with 8 units on each floor. Three layout designs to choose from with sizes ... Read More

Affordable housing – let it be a reality not fallacy

DURING the major festivals in this country, we see the authorities conduct vigorous enforcement activities on various price-controlled food items. This is to prevent unscrupulous traders from exploiting the situation by increasing prices of what are deemed as essentials. Sometimes they even secretly stock up such items to create artificial ... Read More

Taman Pasir Indah

Taman Pasir Indah, strategically located within Sungai Dua township in Butterworth. This residential development by Oriental Max Group comprises 165 units of 2-storey terrace, 28 units of 2-storey semi-detached and 5 units of bungalow houses. Property Project : Taman Pasir Indah (Pasir Indah Residence) Location : Sungai Dua, Butterworth, Penang Property Type : ... Read More