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BM Highland @ Bukit Mertajam

BM Highland @ Bukit Mertajam

BM Highland, an exclusive lush 16 acre freehold neighbourhood offering 15 bungalows, 46 semi-detached, 45 3-storey terrace and 42 2-storey terrace house. This is a Gated & Guarded residential development within the established township of Machang Bubok, Bukit Mertajam. 2-Storey Terrace Total Units: 43 Indicative Price: RM378,800 onwards 3-Storey Terrace ... Read More
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Malaysia property sector remains buoyant

HomeGuru.com.my country manager Steven Tan said there is a lot of interest among overseas investors to buy homes in Malaysia via the Malaysia My Second Home programme, especially in places like Sabah, Kuala Lumpur and Johor. “As for Penang, the trend is different as many locals are snapping up properties ... Read More
Mah Sing beats 2011 RM2b sales target

Mah Sing beats 2011 RM2b sales target

Mah Sing Group Bhd has surpassed its 2011 full year sales target of RM2 billion by achieving RM2.04 billion sales as at Nov 15, 2011.The property developer also has very strong earnings visibility with unbilled sales of RM2.14 billion as at Sept 30, 2011. "This is more than two times ... Read More
Timely traffic alleviation plan?

Timely traffic alleviation plan?

PETALING JAYA: Steeped in history, Penang is famous for its food and heritage. But if there’s one thing most Penangites want to address, that will surely be its maddening traffic snarls on its congested roads. George Town’s colonial narrow roads and single direction lanes are now unable to keep up ... Read More
Jazz-ing up the Penang hotel scene

Jazz-ing up the Penang hotel scene

GEORGE TOWN Penang is set to see the entry of yet another five-star resort to meet continued tourist demand. The RM100 million sea-fronting Jazz Hotel Penang will open its doors by 2015, its operators said. Full-service hotel management company Ri-Yaz Hotels and Resorts Sdn Bhd will manage the 226-room hotel, ... Read More
Foreigners interested in project

Foreigners interested in project

PENANG'S property offerings have a far-reaching appeal, as reflected by a group from France who visited the 1Tanjong luxury condominium project in Tanjung Bungah. The French Teochew delegation, numbering around a dozen people, were in town for the 16th International Teochew Convention at the Penang Teochew Association. They decided to ... Read More
Living trends showcased

Living trends showcased

VISITORS to the first ever Penimex Lifestyle Expo at the Penang International Sports Arena in Relau can check out various local and foreign products. The four-day exposition features fashion, food, living and travelling services at over 110 booths. Organising chairman Sam Yong Sum Chin said that the expo provided an ... Read More
Groups laud move to reduce household debt

Groups laud move to reduce household debt

KUALA LUMPUR: Banks and related industries backed the move by Bank Negara in pushing for responsible financing to enhance consumer protection and reduce household debt.“Banks will continue to engage closely with their customers by providing advice to ensure debt commitments are within their repayment capacities,” said Association of Banks Malaysia ... Read More
Bill to penalise errant builders tabled

Bill to penalise errant builders tabled

KUALA LUMPUR: A Bill to make it a criminal offence for developers who fail to complete their projects has been tabled in Parliament for first reading. Under Clause 9 of the Housing Development (Control and Licensing) (Amendment) Bill, errant housing developers can be fined up to RM500,000, jailed up to ... Read More
CM: No more land reclamation in Gurney Drive

CM: No more land reclamation in Gurney Drive

GEORGE TOWN: The state government will not allow any new land reclamation along Gurney Drive as part of its deal with developers to construct infrastructure projects. Chief Minister Lim Guan Eng said any land swap would only involve the existing land reclamation rights granted to Eastern & Oriental Bhd by ... Read More