News & Articles

Your 10 questions with Datuk Seri Michael Yam
1. The property and construction sector isn't free of complaints from consumers. Is it because of lack of enforcement of the laws? Bulbir Singh, Seremban This, in fact, is a fairly global problem. The nature of the industry, which entails multifarious activities and processes from design to contract and from ... Read More

Tambun Indah sees boom in revenue
KUALA LUMPUR: Penang-based property developer Tambun Indah Land Bhd expects higher revenue growth this financial year compared to 2010, due to the sustained property boom in Penang. Tambun Indah managing director Teh Kiak Seng said it was seeing strong interest in its ongoing projects from the industrial expansion on mainland ... Read More

Jazz Residence
Jazz Residence, strategically located opposite Tesco Tanjung Tokong and within the Sri Tanjung Pinang Millionaire Enclave. Built up area starts from 1,300+ onward. Location : Seri Tanjung Pinang, Penang Property Type : Luxury Condominium Built-up Area: 1,300 sq.ft. onwards Indicative Price: RM 860,000 onwards Developer: Sure Commerce Sdn. Bhd ... Read More

70 Taman Sri Pinang flats up for sale
THE Penang Municipal Council (MPPP) is offering 70 units of the Taman Sri Pinang flats in Sungai Pinang, which were originally allocated for MPPP staff, for sale. The flats at Block 1 are now open for viewing between 9am and noon until Saturday. “Potential buyers can come at that time ... Read More

Work on Air Itam market on schedule
Phase Three of the RM1mil facelift for the Air Itam market in Penang is scheduled to begin next month. Air Itam assemblyman Wong Hon Wai said this phase involved the upgrading of six stalls for poultry. “In the first two phases which ended last month, 20 sundry goods stalls, 25 ... Read More

Colour-coding strategy
PENANG island will be divided into three colour-coded zones with the red zone designated as dirty under a blueprint proposed by the Penang Municipal Council (MPPP) to make the island a cleaner place. The two other zones are the orange and green zones (moderate and clean zones respectively). MPPP president ... Read More

Guidelines for Development of Gated Community
This is the guidelines for development of gated community from Selangor Housing and Property Board, under Section 6 (1A) Strata Titles Act 1985 (Act 318). I think Penang also have similar Guidelines. Gated Community as defined by the Selangor Housing and Property Board is a development that is demarcated with a physical structure that ... Read More

Rising costs a challenge for developers
A LOT HAS been said about how much it costs now to buy a house or an apartment. For someone who is just starting out, or for a newly married couple looking to buy their first home, it can mean making a huge sacrifice elsewhere just so there is enough ... Read More

Married couples with joint income below RM3,500 are eligible
MARRIED couples in Penang will have the opportunity to purchase their first home at RM67,500 in Paya Terubong. State Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said that buyers who fulfilled the criteria would be eligible to buy the low medium-cost Suria Vista apartments. “Interested ... Read More

New township geared for middle and high income group
THE Pearl City new township project in Simpang Ampat is the pride of Tambun Indah Land Bhd, boasting of a mixed development that would cater to the future needs of the population in mainland Penang.The project consists of Pearl Garden, with 152 double-storey terrace units and 164 semi-detached double-storey units, ... Read More
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