Sunway buys RM38 mil Penang land
Sunway City (Penang) Sdn Bhd, a wholly-owned subsidiary of Sunway City Berhad (SunCity), has entered into a sale and purchase agreement with Sungei Ara Holdings Sdn Bhd to acquire 81 acres of freehold residential land held in Barat Daya, Penang at RM38.765 million. When fully developed, the proposed acquisition will ... Read More
Easy credit spurs home purchases
IF numbers were to tell a story, the numbers provided by the National Property Information Centre (Napic) is very telling. Between January and March of last year, about 750 units of residential units costing slightly more than RM1mil and above exchanged hands. For the first three months of this year, ... Read More
SunCity acquires land in Penang for a project with an estimated GDV of RM800m
KUALA LUMPUR: Sunway City Bhd (SunCity) is acquiring a parcel of freehold land in Penang for RM38.765 million, intended for a residential project.SunCity via its subsidiary, Sunway City (Penang) Sdn Bhd entered into a sale and purchase agreement with Sungei Ara Holdings Sdn Bhd on Aug 4, 2010.The 81-acre land ... Read More
Plenitude acquires 20 parcels of land in Penang
KUALA LUMPUR: Plenitude Bhd is acquiring 20 parcels of freehold land in Balik Pulau, Penang, measuring about 56.63 acres for RM40.12 million (RM17.50 psf) to be developed as a mixed development.Plenitude, via its wholly owned subsidiary, Plenitude Estates Sdn Bhd entered into two separate sales and purchase agreements with United ... Read More
Ivory Properties plans condo, shopping complex of RM368m GDV in Penang
KUALA LUMPUR: Ivory Properties Group Bhd plans to build residential condominiums and commercial complex with a with an estimated gross development value (GDV) of RM368 million on a proposed site in Tanjong Tokong, Penang islandIvory said on Wednesday, Sept 15 this project followed its proposal to acquire an additional 847,059 ... Read More
Penang’s Straits Quay mall to open end-November
KUALA LUMPUR: Straits Quay retail mall, developed by Eastern & Oriental Bhd (E&O) in its Seri Tanjung Pinang development in Penang, is scheduled for opening by end-November, E&O executive director Eric Chan said.Chan said the retail mall is expected to house about 100 tenants, including the pewter brand Royal Selangor, ... Read More
Hunza chairman: Penang property market in for another boom
GEORGE TOWN: The Penang property market is expected to enter another boom cycle, following signs of a gradual rise in prices due to a limited supply of land in prime areas.Hunza Properties Bhd (HPB) group executive chairman Datuk Khor Teng Tong said the local property industry was well on the ... Read More
City&Country: G.I.M. makes its presence felt in Penang
The Golden Triangle area in Kuala Lumpur has been so named because it is the city's most vibrant commercial, retail and entertainment hub. And it is this vibrancy that G.I.M. Group of Companies wants to replicate up north in Penang. G.I.M., a homegrown developer, aims to achieve this through its ... Read More
Penang Property Focus: A life of luxury with Ivory
Driving up the winding road to the tourist belt of Batu Ferringhi in Penang, it's hard to miss the grand homes being built atop a nearby hill. Penang-based Ivory Properties Group says that with its iconic development, Moonlight Bay, it is raising the bar for luxury living on the island ... Read More
Penang Property Focus: Prices on an uptrend
While the rest of the country was facing a slowdown during the 2008/2009 global economic crisis, Penang's property market was somewhat insulated from the effects of the downturn.Though some of the players initially adopted a wait-and-see attitude then, this did not last long as many went on to launch projects ... Read More
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- @walter, i believe is 3+1 (bomba) lifts as I was told by sales personnel. @life,...AG sucks on Lumina Residence
- @Life is wonderful In case you missed it, for georgetown view units, you will get...TuaPui on Lumina Residence
- @AG sucks I think there are 4 lifts per block, not 3 as mentioned by...walter on Lumina Residence
- @AG sucks That's pro & cons brother dear. Personally, I like the location which just...Life is wonderful on Lumina Residence
- People will still buy That reports are meaningless see the number of house unsold and...Minion on Penang ranks fourth in unsold properties in 1H2024
- @chookimhock Definitely. Pier is seafront condo & Zen is in PWC master plan. This is...Ryu on The Cube
- @Ryu Queens is really over price. Investment doesn't mean to use huge amount of money...Aawon on Havana Beach Residences
- @chookimhock The workmanship of the Asia green building for Zen is really good. Materials are...YongShee on Lumina Residence
- @Ryu I don't think Central can be better than Zen/Pier. Zen/Pier still the best to...chookimhock on The Cube
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