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News & Articles

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Penang developers turn to special schemes and foreign investors

The slump in overall property sales in Penang has led developers to introduce special schemes to stimulate the market. Senior general manager of IJM Land Berhad Datuk Toh Chin Leong, who is also Real Estate and Housing Developers Association (Rehda) Penang branch chairman, said IJM is now partnering with Alliance ... Read More
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Beacon Executive Suites – Premier Viewing (4 Sept 2016)

You are cordially invited to have the initial viewing of Aspen Group's latest project - BEACON. Date/Time 4 September 2016 (Sunday) 10:00 AM - 5:00 PM Venue Aspen House, 300, Jalan Macalister, 10450 George Town, Penang. REGISTER HERE: Beacon Executive Suites Priority Registration BEACON, the shimmering star rising on the horizon, is ... Read More
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Batu Kawan – Moving Towards a Smart Township

Telekom Malaysia Berhad and Aspen Group has inked a Collaboration Agreement to facilitate the deployment of Smart Services, converged telecommunications as well as information and communication technology (ICT) services for the Aspen Vision City development in Batu Kawan, Penang. This agreement is the first collaborative agreement between TM and Aspen Group to ... Read More
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Airbnb considered legal

The Government has endorsed home-sharing service Airbnb, saying it is legal as long as there is no foul play. The Urban Wellbeing, Housing and Local Government Ministry said this in response to claims from the hotel industry that such services were illegal as homeowners were renting out properties to tourists ... Read More
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Reclamation works for WorldCity project delayed to 2017

The commencement of land reclamation works for the RM10 billion Penang WorldCity project in Bayan Mutiara is expected to begin only in the middle of next year. The project is undertaken by Tropicana Ivory Sdn Bhd, a 55:45 joint venture between Tropicana Corp Bhd and Ivory Properties Group Bhd. Tropicana ... Read More
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The View Above KOMTAR

We bring you an exclusive video on the tallest building in Penang - KOMTAR Some of you may not be aware that KOMTAR has grown taller by 3 levels! The recently refurbished tower now sports new floors with a large viewing deck, glasshouse structures encircled by trees and most striking ... Read More
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Luminari targets the homebuyer market

Despite the slow property market, OSK Property Holdings Bhd believes there is still demand for properties targeted at end users. And the homebuyer market is what is it aiming at with Luminari, a serviced apartment project launched recently at its Harbour Place township in Butterworth, Penang. CEO Ong Ghee Bin ... Read More
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Aspen and TM to collaborate on Smart City developments

Telekom Malaysia Berhad (TM) and Aspen Vision All Sdn Bhd (AVA), a subsidiary company of Aspen Group today inked a Collaboration Agreement to facilitate the deployment of Smart Services, converged telecommunications as well as information and communication technology (ICT) services for the Aspen Vision City development in Batu Kawan, Penang ... Read More
utropolis

Paramount earnings goes up 70%

Paramount Corp Bhd’s second quarter net profit soared 70% to RM23.9mil from RM14.1mil a year earlier, on higher contribution from its property division and higher student enrolments at its KDU University College. Revenue for the quarter ended June 30, 2016 rose 26% to RM145.3mil compared to RM115.3mil previously, the company ... Read More
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Design Village Penang – View from Above

We bring you an exclusive preview of the upcoming outlet mall at Batu Kawan - Design Village. A world class shopping experience, targets to open in November 2016. The only single story mall in Malaysia, designed for unmatched convenience and comfort. Open air wide corridors creating attractive walks and ensuring maximum ... Read More