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Atta buys land in Penang to undertake mixed development
Atta Global Group Bhd is acquiring property development company Sungguh Gemilang Development Sdn Bhd for RM12 million. In a filing with Bursa Malaysia today, the metal recycler and trader of metal related products said the proposed acquisition is a strategic move in line with its proposed diversification into property development ... Read More
Penang Mainland is the next investment hub. Here’s why
* Article by Freemen * Following news reports on the decrease of transaction volume in the property market, many experts have been citing drops of it not only in Kuala Lumpur, but Penang as well. Penang is a state by itself, but the island and mainland have both very different ... Read More
Rehda: Insufficient data behind supply-demand housing mismatch
Lack of information is the reason for the current residential property overhang in Malaysia, the Real Estate and Housing Developers Association (Rehda) said today. Its deputy president Datuk Soam Heng Choon said lack of data causes developers to build in locations that do not generate demand as projected during the ... Read More
BM Idaman
BM Idaman, an upcoming strata residential development by Metro Jelata Group in Bukit Minyak, Penang. Strategically located next to BM Utama housing scheme by DNP Land, about 5 minutes away from AEON Big hypermarket. It will takes about 15-20 minutes drive to Penang bridge. This gated and guarded development scheme will offer various ... Read More
Developers still upbeat about market
Six developers will launch more than RM6.29bil worth of properties in the country this year amid a backdrop of property glut and rising bank interest rates. Ideal Property Sdn Bhd will launch properties with a total gross development value (GDV) of with RM550mil, IJM Land Bhd RM987mil, Mah Sing Group ... Read More
Sunway Carnival Mall Expansion & Refurbishment
Situated in 12 acres land in the heart of thriving Seberang Jaya township, Sunway Carnival mall has established itself as a major suburban shopping mall since opening in 2007. The expansion will be implemented in phases with Phase 1 to be completed by November 2020, featuring more than 1.2 million ... Read More
Upgrading of stretch eases travelling between Teluk Kumbar and Bayan Lepas
The upgrading of the federal road from Teluk Kumbar to Penang International Airport in Bayan Lepas has been completed, making commuting between the two areas faster and more convenient. The RM207.7mil project included the upgrading of two overhead bridges, a four-lane 750m elevated structure from Jalan Teluk Kumbar to the ... Read More
UPCOMING: Kubang Semang / Hartamas Bestari Sdn. Bhd.
A proposed mixed landed residential development by Hartamas Bestari Sdn. Bhd. at Kubang Semang, a small township in Central Seberang Perai district. It is just a stone's throw away from Taman Seri Mengkuang, about 15 drive from Penang Bridge via Butterworth - Kulim Expressway. This development comprises a mix of ... Read More
Malaysia’s property market to remain weak
The Malaysian property market is expected to remain weak in the first half of this year amid flagging demand ahead of the upcoming general election, an independent property consultant said. Knight Frank Malaysia, a unit of London-based Knight Frank LLP, said the property market is expected to continue its lacklustre ... Read More
Plans to build new flyover from Jalan Ayer Itam to Jalan Thean Teik
Plans to build a flyover to reduce traffic flowing from Jalan Ayer Itam towards Jalan Thean Tek in Penang are in the pipeline, said state Local Government Committee chairman Chow Kon Yeow. He added that details of the plan would be announced later. “The flyover would probably be somewhere near ... Read More
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- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
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