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SP Setia leads race for PICC deal

Sources say SP Setia is likely to get a 30-year concession to build and operate the Penang International Convention Centre Property developer SP Setia Bhd. has emerged as the leading contender to build the Penang International Convention Centre (PICC) on the grounds of the Penang International Sports Arena (Pisa). According to ... Read More

APLand — From textiles to properties and plantations

ASIA Pacific Land Bhd (AP Land) (1716), founded in 1961, was initially involved in textile business, operating under the name of Min Ngai Knitting Factory (Malaya) Sdn Bhd. It was listed on the Kuala Lumpur Stock Exchange and the Singapore Stock Exchange in 1969. In 1990, it was delisted in ... Read More

South Homes

South Homes is nested in the ultimate location for getting to any destination efficiently, near or far! It boasts a short drive to major international travelling gateways such as the airport and Penang Bridge. Location : Bayan Lepas, Penang Property Type : Shop-office, Terrace, Semi-Detached Tenure : Freehold Developer : ... Read More

Ivory to offer seaview villas in Batu Ferringhi

The project which carries a gross development value of RM27 million will comprise only 11 units of the resort-style development which is located within a hillside setting with an ocean view. The company's deputy chairman and executive director Datuk Seri Nazir Ariff Mushir Ariff said Ivory Properties will also unveil ... Read More

Gated Community & Guarded Neighbourhood FAQ

The list of Frequently Asked Questions (FAQs) below refers to questions that are frequently asked by the public, residents' associations and the media as well as questions raised in the House of Representatives and the Senate during the years 2009-2010. The definition of Gated and Guarded Community 1. ‘Gated Community’ ... Read More

IJM Land moves on despite merger failure

PETALING JAYA: It is business as usual at IJM Land Bhd after a proposed merger between the company and Malaysian Resources Corp Bhd (MRCB) fell through due to their failure to reach an agreement on the definitive terms and conditions of the plan.IJM Land managing director Datuk Soam Heng Choon ... Read More

Kobay Tech buys Penang land, hotel for RM4.5m

KUALA LUMPUR: Kobay Technology Bhd bought freehold land along with a 9-storey hotel called Butterworth Travel Lodge in Butterworth, Penang from Woo Brothers Development Sdn Bhd for RM4.5 million, it announced on Thursday, Jan 6.The group said the acquisition is part of its expansion and diversification plan, and will facilitate ... Read More

Zan Pavillon Condominium

Zan Pavillon compromises a 23-storey luxury condominium consists of 132 residences with 3 layout plans ranging from 1,990 sq ft to 2,390 sq ft. It takes pride in offering well-equipped with comprehensive condominium facilities with includes infinity pool, wading pool, coffee terrace, children’s playground, lounge area, bbq area, gym room, ... Read More

Icon Residence @ Penang

* This project has already been CANCELLED * Icon Residence on Pykett Avenue is located close to Penang's most famous street, Gurney Drive. Individual homes, water features and lush gardens are intricately arranged to form a truly unique cascade of nature and modern luxury living. This development comprises of two ... Read More

Mixed prospects in property sector

Different outlooks for different pockets of sector.LAST year was quite an eventful one for the local housing market with strong demand and record prices registered in key property hot spots that included the Klang Valley and Penang.Concerns over potential overheating had culminated in Bank Negara’s imposition in early November of ... Read More