The Penang government has decided to postpone its decision to raise the contribution fee by developers who fail to build low-cost and low medium-cost housing until the year-end. State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state received complaints from Penang Real Estate and Housing ... Read More

The Penang government will spend RM10mil to refurbish the Mayang Mall building in Bayan Baru and turn it into a Global Business Services (GBS) centre for investors. Chief Minister Lim Guan Eng said the GBS industry had huge growth potential and needed a conducive business environment in order to flourish ... Read More

The conversion of a hotel in a suburb near here into a hostel for foreign workers was not done in compliance with the state’s guidelines, said Deputy Chief Minister I Datuk Mohd Rashid Hasnon. He said the hotel was also not among the list of places which had been approved ... Read More

EcoWorld unveils its newest projects — Eco Horizon and Eco Sun. Be enchanted by the grace and beauty of these latest additions to Batu Kawan. The land would be developed by Eco Horizon Sdn Bhd into two complementary townships, which would have a combined gross development value of RM7.76 billion ... Read More

Stepping into the scene as a township developer in the northern region some 40 years ago, Paramount Property, the property development arm of Paramount Corp Bhd, has since become a developer that offers a broad spectrum of products. “As cities mature and population increases, landbank becomes scarce and expensive, leading ... Read More

Everyone likes to make money through property investments. Property investments have gone through a new ball game. Investors need to equipped themselves with the necessary tool to invest wisely. Miichael has 20 years of experience in property and mortgage industry and would like to share with you the insights on ... Read More

Eastern & Oriental Bhd’s (E&O) subsidiary Tanjung Pinang Development Sdn Bhd has acquired 100% equity interest in two shelf companies, namely, Persada Mentari Sdn Bhd and Junjung Angkasa Sdn Bhd. Both companies were incorporated as private limited companies under the Companies Act 2016 with an issued and paid-up share capital ... Read More

Population is the key driver of growth in property market. Here is a comparison between two affordable projects - highly populated area in mainland versus a less populated area in the Island. Take a look at the comparison between the two projects below. Despite Quinton offers cheaper options in the ... Read More

The Malaysia My Second Home (MM2H) programme under the Ministry of Tourism and Culture is looking to roll out several initiatives to strengthen the programme, possibly from the third quarter of 2017. Among them is a plan to raise the visa fee for the Social Visit Pass by 30% to ... Read More

Eastern and Oriental Bhd (E&O) launched its final batch of landed residential properties at Seri Tanjung Pinang 1 here, yesterday. The final release comprises just 35 units of terraced houses in the second phase of Ariza Seafront Terraces. The 2.5-storey freehold terraced houses have built-ups ranging from 3,236 sq ft ... Read More