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Raffel Tower
Raffel Tower, 29-storey prestigious condominium built within Bukit Gambier, Gelugor. True essence of luxury 260 elite residences with only five units per floor, picture-perfect scenes abound wtih sea view and hill view. Property Project : Raffel Tower (formerly known as Raffles Tower) Location : Gelugor, Penang Property Type : Condominium Tenure : Freehold Total Units : ... Read More

Redevelopment deal of Crag Hotel stalled
GEORGE TOWN: A deal for a developer to redevelop one of the state’s oldest landmarks on Penang Hill — Crag Hotel — appears to have stalled, due to an alleged exclusion of surrounding properties in the hotel’s vicinity.Business Times has learnt that although Sri Nisuh Sdn Bhd had been initially ... Read More

MRCB climbs on coastal works deal
Malaysian Resources Corp, a property and construction group, rose to a two-week high in Kuala Lumpur trading after it won a RM40.3 million contract to carry out coastal protection works in Penang.The stock climbed 2.6 percent to RM1.99 at 9:05 a.m., set for its highest close since Nov. 17. -- ... Read More

Vermont Villa
Vermont Villa, a luxury residential development strategically located along Jalan Vermont within Georgetown, Penang. 3 Storey Semi-Detached Type D (8 units) Plot 1 Land Area : 4,811sf Built Up Area : 7,211sf @ RM4,088,000.00 Plot 2 Land Area : 4,574sf Built Up Area : 7,211sf @ RM3,998,000.00 Plot 3,4,5 Land Area ... Read More

Vista Jambul
Vista Jambul, strategically located within the established township of Bukit Jambul, Penang. This is a Gated and Guarded residential development comprises 24 units of 3-storey terrace, 2 units of 3-storey semi-detached and 7 units of 3-storey bungalow houses. Property Project : Vista Jambul Location : Bukit Jambul, Penang Property Type : 3-Storey Terrace, Semi-Detached ... Read More

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Resort lifestyle of condo a draw for westerners, says developer
CAUCASIANS comprise the bulk of those purchasing the RM255mil Infinity Beachfront Condominium that recently clinched the FIABCI Malaysia Property Award 2011 under the residential (high rise) category. Hunza Properties Berhad executive chairman Datuk Khor Teng Tong said the project attracted Caucasians because it had access to a 105m-long beachfront as ... Read More
Tan brothers look to ‘conquer’ Penang
That was ended when it roped in Dijaya Corp Bhd. They now plan to build residential and commercial properties on the land, estimated to generate sales of some RM10 billion. This is not their first tie-up. Within the Batu Ferringi tourism belt, Dijaya has a joint-venture project called "10 Island ... Read More

Home sweet home
ALONG-AWAITED dream has come true for sistes Yap Siew Bee, 41, and Siew Thoo, 26, who have received a new low medium-cost home. “I am so happy today and I can’t wait to move into our unit when it is completed,” said Siew Bee. Siew Thoo said that previously, their ... Read More

Demand for housing likely to be stronger in H2 next year
KUALA LUMPUR: The number of applications for property development licences is expected to be slightly lower in 2012, according to Housing and Local Government Minister Datuk Seri Chor Chee Heung.“This year there is a very high number of applications. Also, the trend for the property market next year is optimistically ... Read More
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