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SP Setia to develop RM1.1bil Penang project

PETALING JAYA: SP Setia Bhd will be embarking on a mixed residential development project with a gross development value of RM1.1bil in Penang after acquiring freehold land in the state. In a filing with Bursa Malaysia, the company said it had acquired 21.3 acres in the north-east Penang Island district of Timor Laut ... Read More

SP Setia expands footprint in Penang

Property developer SP Setia Bhd is on the lookout to acquire more strategic pieces of land in Penang in a bid to extend its footprint in the state. Presently, it is looking to buy three parcels of land on the island by the middle of the year. The company, which ... Read More

Shopping mall in the cards

MAH Sing Group Bhd plans to develop a 1 million sq ft shopping mall for the Southbay City mixed-development project on a 13.7ha site in Batu Maung, Penang, next year. Group chief operating officer Teh Heng Chong said the shopping mall would be positioned to attract shoppers from the northern ... Read More

Semi 8

Semi 8, a small scheme residential development located in the heart of Balik Pulau Township. It is just next to the new Police Head Quarter which also surrounded by existing residential homes. Its strategic location allows easy access to the nearest market, school, bank, bus station and other government department ... Read More

Excitement in the air as second Penang Bridge hits three-quarter mark

GEORGE TOWN: Excitement is clearly growing with the state's second Penang Bridge having passed its three-quarter completion mark. Workers on the ground are beginning to have a sense of an ending now that the bridge is taking shape literally. Jambatan Kedua Sdn Bhd construction director Hamizol Ngah said progress on the island's second ... Read More

Capita View

Capita View, a gated development on Penang Hill by Capitawealth International. Hillside living which spanning 2.76ha (6.83 acres) with scenic views. It comprises bungalow lots where buyers can opt for the company’s panel of architects to built their dream home. Property Project : Capita View Location : Penang Hill, Ayer Itam, Penang ... Read More

More cheap homes for state

THE Penang Government has identified a total of 31.16ha of land on the mainland and island for phase two of its affordable housing project. Chief Minister Lim Guan Eng said details of the project would be released after acquiring a report from the Penang Development Corporation (PDC) and other experts ... Read More

Bank Negara’s guidelines affect mainly lower income group

KUALA LUMPUR: The responsible lending guidelines issued by Bank Negara for banks since the beginning of this year may have less of a downside impact on loans growth than initially thought, Hong Leong Research said. Hong Leong Research’s banking analyst Low Yee Huap said in a report that the impact ... Read More

Not only clean and green

A SERIES of activities has been planned to promote Penang beyond the cleaner and greener initiatives. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said they hoped to improve the state from safety and health aspects. “Besides promoting cleaner and greener campaigns, more interactive activities will be ... Read More

Orchard Ville

Orchardville, strategically located within the established township of Sungai Ara. This residential development comprises condominium units with built-up area ranging from 1,202 sq.ft. to 1,577 sq. ft. Each unit comes with 2 covered carparks. Special features: Treehouse and Spa hut 75% Greenery with fruit orchards as part of property Dual ... Read More