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Property News

SP Setia leads race for PICC deal

SP Setia leads race for PICC deal

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
APLand -- From textiles to properties and plantations

APLand — From textiles to properties and plantations

ASIA Pacific Land Bhd (AP Land) (1716), founded in 1961, was initially involved in textile business, operating under the name of Min Ngai Knitting Factory (Malaya) Sdn Bhd. It was listed on the Kuala Lumpur Stock Exchange and the Singapore Stock Exchange in 1969. In 1990, it was delisted in ... Read More
South Homes

South Homes

South Homes is nested in the ultimate location for getting to any destination efficiently, near or far! It boasts a short drive to major international travelling gateways such as the airport and Penang Bridge. Location : Bayan Lepas, Penang Property Type : Shop-office, Terrace, Semi-Detached Tenure : Freehold Developer : ... Read More
Ivory to offer seaview villas in Batu Ferringhi

Ivory to offer seaview villas in Batu Ferringhi

The project which carries a gross development value of RM27 million will comprise only 11 units of the resort-style development which is located within a hillside setting with an ocean view. The company's deputy chairman and executive director Datuk Seri Nazir Ariff Mushir Ariff said Ivory Properties will also unveil ... Read More
Gated Community & Guarded Neighbourhood FAQ

Gated Community & Guarded Neighbourhood FAQ

The list of Frequently Asked Questions (FAQs) below refers to questions that are frequently asked by the public, residents' associations and the media as well as questions raised in the House of Representatives and the Senate during the years 2009-2010. The definition of Gated and Guarded Community 1. ‘Gated Community’ ... Read More
IJM Land moves on despite merger failure

IJM Land moves on despite merger failure

PETALING JAYA: It is business as usual at IJM Land Bhd after a proposed merger between the company and Malaysian Resources Corp Bhd (MRCB) fell through due to their failure to reach an agreement on the definitive terms and conditions of the plan.IJM Land managing director Datuk Soam Heng Choon ... Read More
Kobay Tech buys Penang land, hotel for RM4.5m

Kobay Tech buys Penang land, hotel for RM4.5m

KUALA LUMPUR: Kobay Technology Bhd bought freehold land along with a 9-storey hotel called Butterworth Travel Lodge in Butterworth, Penang from Woo Brothers Development Sdn Bhd for RM4.5 million, it announced on Thursday, Jan 6.The group said the acquisition is part of its expansion and diversification plan, and will facilitate ... Read More
Mixed prospects in property sector

Mixed prospects in property sector

Different outlooks for different pockets of sector.LAST year was quite an eventful one for the local housing market with strong demand and record prices registered in key property hot spots that included the Klang Valley and Penang.Concerns over potential overheating had culminated in Bank Negara’s imposition in early November of ... Read More
IJM Land-MRCB merger called off

IJM Land-MRCB merger called off

PETALING JAYA: Property firms IJM Land Bhd and Malaysian Resources Corp Bhd (MRCB), which announced their plan last month to merge and potentially become the second largest property player, has aborted the plan. MRCB and IJM Land announced to Bursa Malaysia yesterday that the merger was aborted as both companies ... Read More
Sunway Merica 3-Storey Semi-D

Sunway Merica 3-Storey Semi-D

Where the good life is enjoyed outdoors as well as indoors Give your kids a home that have inherited the best values of wholesome living, one that reflects the intimate lifestyle of old Penang. These exclusive 3-Storey Semi-Detached homes take on a modern minimalist approach in its design while retaining ... Read More