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Property pointers

Property pointers

HERE are some pointers for those considering a property investment in the near term: Valuer and managing director of Khong & Jaafar Elvin Fernandez “The global environment is changing. Strictly speaking, an upgrader sells the old house to buy the new. If he is going to hang on to the ... Read More
Affordability vs yields

Affordability vs yields

Balancing the need for affordable housing with property market speculation SHANKAR, a 27-year old law degree holder, works as a paralegal with a law firm in Kuala Lumpur and earns below RM2,000 a month. He is currently studying part-time for his Certificate in Legal Practice (CLP). Shankar and his fiancee, ... Read More
The global effect on property

The global effect on property

THE signs of the times are here, and they are not unique to Malaysia. The concerns about the global economy are real. Whether one is an avid property watcher or a young person considering a downpayment on one’s first home, there are certain things to take into account. Says property ... Read More
Chor sees no property asset bubble

Chor sees no property asset bubble

PETALING JAYA: Malaysia does not foresee a property asset bubble in the near future unlike China, Hong Kong and Singapore, which have such concerns. Housing and Local Government Minister Datuk Chor Chee Heung said that many local developers were still rushing to submit their applications for various projects. “No, I don't think ... Read More
Ministry to hand over e-Tanah system to Penang Land and Mines Office

Ministry to hand over e-Tanah system to Penang Land and Mines Office

GEORGE TOWN: The Natural Resources and Environment Ministry has decided to hand over the e-Tanah electronic land administration system to the Penang Land and Mines Office, Minister Datuk Seri Douglas Uggah Embas said on Thursday, Oct 13.He said the handover will be carried out in stages and the process is ... Read More
Orange Villa - Bukit Mertajam

Orange Villa – Bukit Mertajam

Orange Villa is a gated and guarded development, a prime residential enclave beckons with its 124 units of terraces, 16 semi-detached and two bungalows. This housing scheme is located just off the ever bustling Jalan Song Ban Kheng, Bukit Mertajam.  Within walking distance to schools and other public amenities, and a ... Read More
Residential areas re-zoned for commercial use

Residential areas re-zoned for commercial use

GEORGE TOWN: The Penang Municipal Council (MPPP) has officially re-zoned four localities on the island from residential to commercial status. Penang Municipal Council (MPPP) planning committee alternate chairman Felix Ooi Keat Hin said that be- tween 2009 and last year, MPPP had completed its study on the re-zoning of Gurney ... Read More
Orange Avenue

Orange Avenue

Orange Avenue comprising 61 units of three-storey shop offices promises a fascinating selection of dining, entertainment and retail possibilities. Strategically situated in Bagan Ajam, Butterworth, the development is framed by thriving neighbourhoods and come with contemporary architectural design, high ceiling and four private parking bays per unit as well as ample ... Read More
SC: Sime need not make general  offer for E&O

SC: Sime need not make general offer for E&O

Kuala Lumpur: The Securities Commission (SC) has ruled that Sime Darby Bhd does not have to make a general offer (GO) for the shares in Eastern & Oriental Bhd (E&O), which it does not own. Trading in Sime and E&O shares were halted in the first half of trading yesterday ... Read More
Orchardia @ Balik Pulau

Orchardia @ Balik Pulau

Orchardia is a new residential development located along Jalan Balik Pulau, within the established township of Balik Pulau, Penang. This development comprises 95 units of 3-storey terrace and 4 units of 3-storey semi-detached houses. Property Project : Orchardia Location : Balik Pulau, Penang Property Type : 3-Storey Terrace & Semi-D Tenure : Freehold Total Units : ... Read More