Property News

Night of magic and amazing acrobatics at developer?s festive bash
THE festive season may have been over, but it didn?t matter to an 8,000-strong crowd who turned up at SP Setia Bhd Group?s Chinese New Year celebration at Setia Pearl Island in Penang.As early as 6pm, the crowd began pouring in for the open-air street party held at the Isle ... Read More

BM Utama – Phase 3
Where you can enjoy the convenience of naturally perfect surroundings BM Utama is a master-planned residential development that provides an ideal blend of modern and practical architecture with emphasis on a green and healthy lifestyle. Here, you start off each morning with a sense of belonging and joy as life ... Read More

Few takers for super condos
GEORGE TOWN: The days of “super condominiums” selling at exorbitant prices are apparently over. State Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said such condominiums would be difficult to sell in view of escalating land prices. “Three years ago, land prices on the island were between ... Read More

Penang to set up its Housing Board in Jul
GEORGE TOWN: The state Housing Board, which will promote affordable housing projects by the private sector, will be established on July 1. Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said an enactment to set up the board was passed at the state assembly in ... Read More

Tambun Indah buys three companies for RM11.6 million in Penang
KUALA LUMPUR: Tambun Indah Land Bhd acquired three property companies - Premcourt Development Sdn Bhd, Pridaman Sdn Bhd and Ikhtiar Bitara Sdn Bhd - in Penang for RM11.6 million, the group announced on Wednesday, Feb 16.Through Premcourt Development, the group will build a mixed-development project on JV land of 4.19 ... Read More

BM Permai
BM Permai, a freehold residential project comprises 38 terrace house, 36 semi-detached and 47 bungalow units. Strategically located in Bukit Minyak, an easy access to Bukit Minyak and Perai Industrial Area. A mere minutes drive to Juru Autocity and Penang bridge. Location : Bukit Minyak, Penang Property Type : 2-Storey ... Read More

Mah Sing has RM3b projects in the pipeline
Mah Sing Group Bhd (8583), Malaysia's fifth largest property developer by revenue, is ready to roll out RM3 billion worth of new launches this year on positive domestic economic outlook. Group chief executive and managing director Tan Sri Leong Hoy Kum said he was bullish on sales moving fast paced ... Read More

New canopy walk in Penang Hill by year-end
Penang is set to feature a new treetop walkway as a nature attraction by the end of the year. The project, to cost some RM3 million, is part of an eco-tourism venture that also includes an adjoining 1.6km nature trail, designed to boost environmental conservation and tourism in Penang. The ... Read More

Pemandu: Penang not left out of ETP
KUALA LUMPUR: Penang has not been left out of the Economic Transformation Programme (ETP), contrary to claims by certain quarters, that the island-state was not being offered any project or development under it.According to the Performance Management and Delivery Unit (Pemandu), some 95 entry points projects (EPPs), will be implemented ... Read More

The Light Collection II
It begins with the Penang essence which has drawn and charmed generations of visitors. It is distilled from the colourful convergence of diverse cultures on Penang's waterfront - an eclectic mix of Malay, Chinese, Indian, Nonya Baba, Jawa-Peranakan and European traditions, architecture, food and festivals. The Penang essence is not ... Read More
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