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Mah Sing targets to become proxy leader

Mah Sing targets to become proxy leader

MAH Sing Group Bhd managing director Tan Sri Leong Hoy Kum has big ambitions, and he’s ready to articulate his aspiration for all who want to hear. First of all, he has a vision of making Mah Sing the next Cheung Kong Holdings of Malaysia. For the uninitiated, Cheung Kong ... Read More
the-cantonment

The Cantonment

The Cantonment, a 32-storey luxury condominium in Pulau Tikus. This is a low density residential development by Melariang Sdn. Bhd. Located next to Jalan Cantonment with unit size ranging from 1,200 sq.ft. onwards. It's excellent connectivity to the pulse of Penang gives immediate access to banks, hospital, shopping malls, restaurants, eateries, ... Read More
Trends @ Southbay Plaza

Trends @ Southbay Plaza

Trends @ Southbay Plaza, a lifestyle retail mail well located on the Southern coast of Penang. With its strategic location next to the upcoming Second Link Bridge and high accessibility via the main thoroughfare, it is undoubtedly the next prime residential and retail hotspot that meets the fast-evolving living standards of a ... Read More
Actual sale of residential properties declining

Actual sale of residential properties declining

PETALING JAYA: The residential property market may be cooling down in terms of actual sales due to credit-tightening measures by banks, according to real estate consultants and Bank Negara data. Bank Negara's website showed loan approvals' percentage for residential properties in the country declined to 46.8% in the first half of this ... Read More
The resurrection of Sungai Pinang

The resurrection of Sungai Pinang

SUNGAI PINANG can only be filth-free if Penangites stop treating it as a rubbish dump. The fishing community that has lived by the river bank for decades are upset that their home has been used as a dump for years. Welcoming reports that the river would be devoid of garbage ... Read More
Strictly for nature lovers

Strictly for nature lovers

PENANG will soon offer a different kind of hotel stay experience for those who yearn to be closer to nature — hotel rooms perched on trees. Believed to be the first of its kind in Asia, the ‘Treetops Hotel’, which is part of the Escape Theme Park in Teluk Bahang, ... Read More
Boom time for quiet town

Boom time for quiet town

PROPERTY developer DNP Land Sdn Bhd is set to transform quiet Alma town near Bukit Mertajam into a vibrant place with modern facilities. Its senior marketing manager Joe Ang Kean Joo said the area, which used to be an oil palm estate, was fast becoming a preferred location for residential ... Read More
Property groups want real property gain tax to remain status quo

Property groups want real property gain tax to remain status quo

PETALING JAYA: The real property gain tax (RPGT) revision which had been one of the highlights of Budget 2012, should be either reverted or adjusted based on proper understanding of the market situation, according to property sector associations. Real Estate and Housing Developers Association Malaysia (Rehda) revealed in its Budget ... Read More
House price hike likely

House price hike likely

Penang properties said to increase 5%-10% due to more costly cement GEORGE TOWN: The selling price of properties in Penang will soon surge by 5%-10% following the recent move by Lafarge Malayan Cement to raise cement prices by about 6%, according to housing developers here. Following Lafarge's announcement, a 50kg bag ... Read More
Govt aims for affordable housing for middle-income group

Govt aims for affordable housing for middle-income group

PETALING JAYA: Housing and Local Government Minister Datuk Seri Chor Chee Heung said the housing needs of the middle-income group, which formed more than 40% of the community, must be addressed and hoped that the 1Malaysia People's Housing Scheme (Prima) announced last year would progress speedily. Low cost housing is capped at ... Read More