Boon Siew Group Property’s (BSG) NineTen project comprising 40 semi-detached houses located in Tanjung Bungah will be completed by July.The project, which is part of the upcoming 48.5ha Permai Village township, will have the Tunku Abdul Rahman College (TARC) and Tenby International School (scheduled for completion in August) as “neighbours”.BSG ... Read More

Southbay Plaza, sitting on arguably the most accessible location in Penang, Southbay Plaza boasts access via sea, land and air: Close proximity to Penang Bridge The Second Link Bridge which is due for completion in 2013 The Bayan Lepas Expressway leading towards Georgetown A short drive from the Penang International ... Read More

Seafront landed homes in Penang are no longer available... until now. Landed homes are rare in Penang, and if you are looking for one that is nestled by a beachfront, it's close to impossible. That is why Sunway Aspera is such a valuable investment, a home that rewards you with ... Read More

KUALA LUMPUR: A total of 342,179 property transactions worth RM96.77bil were recorded between January and November last year, which means the full year’s transactions could reach the RM100bil mark, said Knight Frank Malaysia managing director Eric Ooi. Ooi was commenting on figures provided by the Valuation & Property Services Department ... Read More

KUALA LUMPUR: Newly-listed Tambun Indah Land Bhd (TILB) expects to complete the first of its seven ongoing property projects on mainland Penang in the first quarter of this year.The company will complete the second phase of its RM79mil Juru Heights bungalow project by March, according to managing director Teh Kiak ... Read More

PROPERTY developer Bolton Bhd (1538)is looking to expand its landbank in Penang with a potential acquisition in Teluk Kumbar this year. Bolton executive chairman Datuk Azman Yahya yesterday said it was hopeful to conclude the proposed acquisition of the 44ha site within two to three months. The land on the ... Read More

KUALA LUMPUR: Kumpulan Jetson Bhd, through its 51%-owned subsidiary Jetson Development Sdn Bhd, has acquired three tracts in Penang from Malaysia Building Society Bhd for RM14 million, according to its statement on Bursa on Jan 18. The three separate tracts - measuring 21,671 sq ft, 23,277 sq ft and 3,346 ... Read More

Last Thursday, Business Times reported that the property developer was the front runner and on the verge of winning the job. Securing the project should bode well for SP Setia, which posted sales of RM1.74 billion and a net profit of RM251.81 million in the year ended October 31 2010 ... Read More

GEORGE TOWN: The controversial Penang International Convention Centre (PICC) in Relau which has undergone a name change will become the first subterranean convention centre in Malaysia. Chief Minister Lim Guan Eng said the PICC which would now be called the Sub-terranean Penang International Convention and Exhibition (sPICE) Centre would be ... Read More

Sources say SP Setia is likely to get a 30-year concession to build and operate the Penang International Convention Centre Property developer SP Setia Bhd. has emerged as the leading contender to build the Penang International Convention Centre (PICC) on the grounds of the Penang International Sports Arena (Pisa). According to ... Read More