KUALA LUMPUR: The Government is considering raising the minimum floor prices of houses foreigners are allowed to buy to RM1mil from the current RM500,000 in an effort to control the rise in property prices, sources said. They said such a decision was “in the pipeline” and the implementation would be ... Read More

GEORGE TOWN: A Penang Municipal (MPPP) councillor has alleged that the state government is trying to influence the municipal council to approve a hillside project in Sungai Ara here. Councillor Dr Lim Mah Hui, who was present at a protest against the project in his personal capacity, said he was unaware ... Read More

The Landmark, a design-driven 41-storey 290-unit residential development by Katana Development. It is situated on about 2-arces prime land next to Precint 10 in Tanjung Tokong, Penang. It will be built above a boutique mall that will feature unique F&B and lifestyle concepts. Offering breathtaking sea views and the entire ... Read More

GEORGE TOWN: Tambun Indah Land Bhd is undertaking five development projects in Penang with a combined gross development value (GDV) of around RM571.5mil this year. The projects are the RM131.3mil Pearl Indah and RM180mil Pearl Residence 1 in Simpang Ampat; RM39.3mil BM Residence in Bukit Mertajam; RM41mil Carissa Villas in Bagan Lallang; ... Read More

Foreigners, with their higher currency exchange, are competing with the locals in the landed housing market. THE hike in property prices of the last two years should be a good enough reason to pull out all the plugs that have stifled home ownership among the people. House prices in the ... Read More

Primero Heights, high-rise development by Meto Jelata Group, within the established township of Seberang Jaya, Penang. It is strategically located next to Taman Janggus Jaya, within mere minutes drive to Carrefour hypermarket and 5 minutes drive to Penang Bridge. This 18-storey freehold condominium comprises 154 residential units with built-up area ... Read More

KUALA LUMPUR: The property market would continue to be active this year, supported by various government initiatives under the 10th Malaysia Plan and Budget 2012, said Deputy Finance Minister Datuk Donald Lim. “Last year, in terms of construction activities, the higher number of new unit starts and building plan approvals ... Read More

RESIDENTS of Gambier Heights Apartment in Penang are urging the Commissioner of Building (COB) to call for an Extraordinary General Meeting (EGM) after the parcel owners claimed that they were not given the audited financial report by the Joint Management Body (JMB). The apartment is located in Persiaran Bukit Gambier ... Read More

BUYERS of low-cost and low medium-cost housing units in Halaman Kenanga in Sungai Dua, Penang, came out smiling after a meeting with project developer Penang Development Corporation Properties Sdn Bhd (PDCP). The buyers of the 715 units were earlier not allowed to move into their units although they had received ... Read More

Renowned for its large scale gated and guarded development on the mainland, namely in Simpang Ampat, Bukit Mertajam and Butterworth, the reputable Tambun Indah Land Berhad continues with great strides to expand its distinctive garden-living concept. With only limited units remaining, Pearl Garden with certificate of fitness (CF) to be ... Read More