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Property News

BRDB aims to deliver RM1bil in property sales annually

BRDB aims to deliver RM1bil in property sales annually

Bandar Raya Developments Bhd has residential property developments worth about RM6bil in recognisable gross development value (GDV) over the next three to five years, according to the group’s chief executive officer Datuk Jagan Sabapathy. The group is aiming to deliver property developments worth RM1bil in GDV every year, starting from ... Read More
Mah Sing wins big at NST  Property Awards

Mah Sing wins big at NST Property Awards

KUALA LUMPUR: Mah Sing Group Bhd won big at the NST Property Awards last night.Group managing director/group chief executive Tan Sri Leong Hoy Kum was named Property Man of the Year and the group bagged the Best Lifestyle Developer award.Held for the second time, the NST Property Awards saw the ... Read More
Ewein acquires Menara IJM Land for RM50mil to diversify activities

Ewein acquires Menara IJM Land for RM50mil to diversify activities

EWEIN Berhad is buying Menara IJM Land for RM50mil from IJM Properties Sdn Bhd, a subsidiary of IJM Land Berhad. In its announcement to Bursa Malaysia yesterday, Ewein said the expected total gross income per annum from the renting of the units and car parks comprising Menara IJM Land was ... Read More
Construction: Transforming Penang

Construction: Transforming Penang

The Edge weekly reported that the Penang government is mulling over RM8 billion worth of projects to enhance connectivity within the state, apart from resolving its traffic woes. At the forefront is a third link that involves an underground tunnel from Gurney Drive to Bagan Ajam on the mainland. The ... Read More
Quattro Zen

Quattro Zen

Quattro Zen, an upcoming residential development by Marvellous Land Sdn. Bhd. It is located along Jalan Sempadan within the established township of Ayer Itam. Property Project : Quattro Zen Location : Ayer Itam, Penang Property Type : 3-Storey Terrace Tenure : Freehold Total Units : 12 Developer : Marvellous Land Sdn. Bhd ... Read More
State wants feedback on Swettenham Pier plans

State wants feedback on Swettenham Pier plans

The Penang Government is pro-posing the redevelopment of Swettenham Pier and wants feedback and views from the public on its plans. Chief Minister Lim Guan Eng said the state was considering putting together a Request for Proposal (RFP) application for the development of an integrated waterfront and seaport at Lot ... Read More
Ardmore Residence

Ardmore Residence

Expect nothing less than the best at Ardmore Residence. This exclusive gated neighbourhood located in the rapidly developing Jelutong area, offers an exciting world of leisure to residents. Discerning homes with generous built-up areas, together with a premier private clubhouse, are part of the luxurious living experiences to be enjoyed ... Read More
The Gates

The Gates

Located in the industrial hub of Batu Maung, The Gates offers 20 units of light industrial factories. These semi-d and detached structures are cleverly designed with seamless space and multiple functions. Integrated within a prime booming town of developments and industrial business, The Gates is already securing its place for ... Read More
The Manor

The Manor

At the Manor, it's all about indulgence first. Designed with the modern family in mind, this masterpiece is another addition of manors along prestigious Codrington Avenue - one of Penang's most prominent and affluent estates. This architectural marvel combines style and function, along with intelligent features of today's contemporary lifestyle ... Read More
Rising household debt

Rising household debt

DEBT can be a double-edged sword. It’s useful for taking advantage of opportunities quickly and it can smoothen things out when people are in a pinch. Do that too often and eventually the borrowed money will end up being more a liability than a benefit. There is no difference between ... Read More