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New toll-free paired road to be built between Air Itam and Bukit Jambul

A NEW paired road costing RM300mil will be built to connect Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul, Penang, Chief Minister Lim Guan Eng said. The new link - Jalan Bukit Kukus - is an alternative way to ease traffic congestion in Jalan Paya Terubong, ... Read More

Units priced from RM292,000 to RM390,000 will be built in Paya Terubong

THE state government has managed to get a developer to build 7,658 affordable homes in Paya Terubong, Penang. Chief Minister Lim Guan Eng said PLB Land Sdn Bhd had agreed to build the units ranging from 750 to 1,000sq ft priced between RM292,500 and RM390,000. The developer is also the ... Read More

No surprises in property report

PROPERTY experts say the findings of the Property Market Report 2013, released last week by the National Property Information Centre, came as no surprise, with the various cooling measures having their intended effect of curbing speculation and excessive price growth. Less certain is whether demand will recover in earnest during ... Read More

E&O bullish about Seri Tanjung Pinang project

EASTERN & Oriental Bhd’s unit Tanjung Pinang Development Sdn Bhd can look forward to getting the go-ahead from the Penang government for its Seri Tanjung Pinang (STP) phase two project if it complies to all the technical and regulatory requirements for the project. In an interview at the Chief Minister’s ... Read More

Cheer for unit owners

THE Penang Municipal Council has decided the reduce the annual property value (APV) for One World and One Sky small office/ home office units by 10%. Council Financial Management Committee alternate chairman Joseph Ng Soon Siang said the 10% APV reduction had no bearing on the property’s 10.3% annual assessment ... Read More

8 Babington Residence

8 Babington, a low density gated and guarded development by DSG Development Sdn. Bhd. in heart of Georgetown. This development comprises 8 unit of 4-storey link houses with spacious parking space that can accommodate 4 cars. Each unit is also equipped with a private lift. Property Project: 8 Babington Location : ... Read More

Property transactions dip, but house prices continue to rise

The various cooling measures on the property sector dampened transactions last year, with the volume of properties bought and sold dipping by 10.9% from 2012, even as total value rose 6.7%, a sign that prices did not come down. According to the Property Market Report 2013 released by the Valuation & Property Services ... Read More

Juru Light Industry Factories

8 units of light industry factories located in the heart of Juru Industrial Park. It is only a mere minutes drive to Juru Autocity with easy access to North-South Highway via Juru interchange. All the industrial units come with a built-up area of 10,900.96 sq.f.t.. Property Project : Juru Light Industrial ... Read More

Teres 23

Teres 23, part of Dutamas Residence development by Jayamas Property Group in Bukit Mertajam, Penang. It comprises 23 units of 2-storey terrace houses with 3 designs types. The smallest unit has a land area ranging from 1,200 sq.ft. onwards. Property Project : Teres 23 Location : Taman Tan Sai Gin, Bukit Mertajam ... Read More

Condo project gets great response

ALMOST 40% of the 198 Delima Emas Condominium units in Juru, Bukit Mertajam, have been sold, three weeks after the project’s soft launch. Property development E.W. and Associates Sdn Bhd director Chua Eng Kee said response to the project was good with some 80 units had been snapped up. “One ... Read More