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Long queue to ownership
FOREIGN workers are being paid up to RM1,000 to queue up for housebuyers to book hot properties in land-starved Penang island. These professional queuers — mostly Bangladeshis and Indonesians — even bring along their wives and children to camp outside the developer’s office up to one week ahead of a ... Read More
Dijaya in amalgamation exercise
DIJAYA Corp Bhd will buy assets worth RM1.1 billion owned by its major shareholder, Tan Sri Danny Tan Chee Sing, under a consolidation exercise to spur its growth. The exercise is specifically aimed at streamlining and rationalising a majority of land and properties held by Tan into Dijaya. Both parties ... Read More
The fear factor in property purchases
PETALING JAYA: Property developers and consultants from Penang to Johor are generally bullish about the residential property market and do not think there is a bubble.They are of the view that there are two types of buyers, one who is buying out of need and the other out of fear ... Read More
City Residence
City Residence and City Mall, a mixed development by Ivory on a 2.42 arce prime freehold land in Tanjung Tokong. The commercial segment (City Mall) will consists of 23 three-storey units ranging from 3,750 sq.ft. to 14,200 sq.ft. Enhanced with tropical style interior design that appeals to the landscape elements, ... Read More
Ivory expects nod for RM10b Penang project this week
GEORGE TOWN: Ivory Properties Group Bhd is expecting approval from the Penang Development Corporation (PDC) this week for its proposed RM10 billion "Penang World City" project at Bayan Mutiara. Executive director Murly Manokharan said yesterday the development was expected to incorporate, among others, medical facilities, Grade-A offices and both high-end ... Read More
Carissa Villas
Carissa Villas, a low-density gated and guarded development by Tambun Indah. Located at Bagan Lallang at the centre of fast growing Raja Uda Township and near to the renowned Chung Ling High School, SRJK Kwang Hwa, wet markets, Sunway Carnival, banks & other amenities. Its strategic location & established infrastructure provides ... Read More
Home sweet home
THE Penang Development Corporation (PDC) Properties has successfully completed the construction of 715 low to low medium-cost housing units in Sungai Dua. PDC Properties chief executive officer Phan Gaik Cher said the development cost of the project was about RM80mil. “Construction started in early 2009 with a targeted completion date ... Read More
Tackling housing woes
THE Penang Regional Develop-ment Authority (Perda) will build 238 low-cost units for the poor at Kampung Tok Subuh in Bukit Minyak, Bukit Mertajam. Construction will start soon and the project is expected to be completed in two years. Perda chairman Datuk Azhar Ibrahim, who is also Penang Umno secretary, said ... Read More
CapitaLand looking for more land in the key cities for property projects
CAPITALAND Commercial (M) Sdn Bhd, an indirect wholly-owned subsidiary of Singapore’s CapitaLand Ltd, is actively looking for potential land in prime locations in the Klang Valley and other key cities in Malaysia for more property developments.Its vice-president of project and asset management Lim Chee Ming says the company’s long term ... Read More
UEM Land looks to expand land-bank in other locations
PETALING JAYA: After posting a stellar set of results, UEM Land Holdings Bhd is on the prowl again to expand its land-bank in other locations and diversify geographically in Malaysia and also regionally.“Our business development division has been very busy with regional expansion, and we like what we see in ... Read More
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- @RaymondWR Hello, wondering if there is a group chat for owner? Thanks in advance!! ...KY on Waterside Residence
- @Cun Great investment. Soon it will hit over 1M price tag as successful launch of...Alvin on Sunshine Residence
- Thanks for the successful launch of Sunshine central. It looks like sunshine residence soon will...Alvin on Sunshine Residence
- Rich folks and even middle class beware, cash out and bring your money overseas before...Oh nice on HBA opposes reintroduction of inheritance tax, citing unfair burden on property owners
- Nothing wrong with rubber tires. They were used in many metro systems in the world....Koh SK on Penang LRT construction to start in December
- @Dennis agree. Some of them quite a joker here. Psychology talked won't be working in...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- Rubber tyred type? ...Helmi on Penang LRT construction to start in December
- Absolutely nonsense. That's so many unsold unit & yet developer sales personal trying to boost...Dennis on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- Finally, a pipe dream coming true! Just hope that the project is successfully executed as...I❤LRT on Penang LRT construction to start in December
- Need PIA expansion to start soon too. Earlier announcement said to start in September 2024....Penangite on Penang LRT construction to start in December
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