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New sectors to propel economy investPenang confident of the state overcoming stiff competition due to its values

New sectors to propel economy investPenang confident of the state overcoming stiff competition due to its values

FIVE new industrial sectors have been identified by investPenang for Penang to take advantage of the opportunities in the knowledge-based economy.They are information communications technology (ICT) for software engineering and creative multimedia, light-emitting diode (LED) lights industry, the medical devices, aerospace and solar/photovoltaic industries.Speaking to young entrepreneurs from the Associated ... Read More
CM: Affordable houses vital

CM: Affordable houses vital

DEVELOPERS in Penang should participate in building affordable housing and adding green spaces. Chief Minister Lim Guan Eng said when the state requested developers to build affordable housing, it was doing so with moral authority. ?As the sustained demand for property in Penang is indicative of its buoyant economy, we ... Read More
In the isle of dreams

In the isle of dreams

SURROUNDED by lush greenery and blooming aromatic flowers that is bound to capture an oasis of peace and serenity, the development of the Setia Pearl Island will definitely be many property buyers? cup of tea. Dubbed the Island of Dreams, the project is akin to a tropical island of dreams ... Read More
First-time house purchasers to get up to 105% financing

First-time house purchasers to get up to 105% financing

Datuk Seri Najib Tun Razak launched the 1Malaysia People's Housing Programme (PR1MA) for first-time buyers to own homes of up to 1,400sq ft. The Prime Minister said depending on the location, the houses would be priced at between RM150,000 and RM300,000 while the minimum size would be 800sq ft. He ... Read More
Cabanna Court

Cabanna Court

Cabanna Court is located next to Emerald Park within the established township of Teluk Kumbar, Penang. This residential property development comprises 16 units 3-storey townhouse, 2 units 3-storey semi-detached and 1 unit 3-storey bungalow houses. Property Project : Cabanna Court Location : Teluk Kumbar, Penang Property Type : 3-Storey Townhouse, ... Read More
Gated homes in Tanjung Bungah

Gated homes in Tanjung Bungah

HOUSE buyers looking for distinct homes which are strategically located can check out BSG Property's Permai Gardens at the four-day Star Property Fair 2011. Strategically located in Tanjung Bungah with its plethora of amenities, Permai Gardens is conceptualised as a gated and guarded landed property. The exclusive project by BSG ... Read More
Take the lead in building affordable homes, state urged

Take the lead in building affordable homes, state urged

THE state government should take the lead when it comes to building affordable housing.This call was made by the Real Estate and Housing Developers’ Association (Rehda) Penang chapter chairman Datuk Jerry Chan (pic).“Developers are not supermen. They alone cannot construct affordable homes.“The cost of subsidy is borne initially by developers ... Read More
CIMB Research: Penang property scene looks promising

CIMB Research: Penang property scene looks promising

One of the highlights of the November 5 2009 report titled "Pounding the Pavement in Penang" was the potential property development projects by the state. They include: * 12ha of strategically located land for commercial and residential development at Bayan Mutiara, * 2,400ha of land in Batu Kawan on the ... Read More
MegaHomes @ Butterworth

MegaHomes @ Butterworth

MegaHomes, created in the heart of Butterworth. A low density development built to provide you the best of modern urban living. Structure and concept design is exquisitely styled for comfort and space. The high ceiling also enchances the air ventilation and natural lighting into the living area. A one-acre beautifully ... Read More
Taking a cue from CapitaLand

Taking a cue from CapitaLand

EARLY last year, UEM Land Holdings Bhd CEO and MD Datuk Wan Abdullah Wan Ibrahim brought up the high aspirations he has for the company and Iskandar Malaysia. He told StarBizWeek that he aspires to make UEM Land Holdings Bhd a global property development outfit the likes of Singapore’s CapitaLand.“We ... Read More