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House scam to be probed, says Guan Eng

House scam to be probed, says Guan Eng

GEORGE TOWN: The Penang Government will probe allegations that employees of housing developers booked units in projects prior to their launch and sold them later at higher prices. Chief Minister Lim Guan Eng said such complaints had come to his attention. He said the state, through the Penang Housing Board to ... Read More
BM Residence Condominium

BM Residence Condominium

BM Residence, another exciting project by Tambun Indah in Bukit Mertajam. This project comprises: Type A: 1,539 sf. Type B: 1,442 sf. Type C: 1,420 sf. Type D: 1,334 sf. Facilities Located at BM town center Low density development, only 12 units per floor, total 108 units. Semi D concept, ... Read More
Set higher salary limit for properties in the major urban centres

Set higher salary limit for properties in the major urban centres

PETALING JAYA: There should be a higher limit on monthly income and property prices under the Government's My First Home scheme in the Klang Valley and major urban areas like Johor Baru and Penang.Property consultancy Rahim & Co executive chairman Datuk Abdul Rahim Rahman said it was not realistic to ... Read More
Residence 21

Residence 21

Residences 21, located along Jalan Macalister, it is a landmark development. Combining hi-tech materials with aesthetic and functionality. Residences 21 consist of only 21 units that with a built-up area of approximate 5,500 sq. ft. Property Project : Residence 21 Location : Jalan Macalister, Georgetown, Penang Property Type : Super ... Read More
E&O banking on strong property sales to boost results

E&O banking on strong property sales to boost results

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is confident of achieving stronger financial results in the current financial year ending March 31, 2012 in view of strong property sales from the past two years.According to E&O deputy managing director Eric Chan, sales of the group’s property products over the past ... Read More
SOHO @ Gurney

SOHO @ Gurney

SOHO @ Gurney is a commercial building strategically located along Persiaran Gurney, Penang prominent waterfront. This building comprises 3 storeys of retail office, 2 storeys of skycourt, 23 storeys of SOHO office and a recreation floor. It also comes with 3 levels of  underground car park. Property Project : SOHO @ ... Read More
Should interest rates be allowed to increase?

Should interest rates be allowed to increase?

Bank Negara’s move to let rates rise, when it may encourage more money to flow in and economic recovery is nascent, puzzlesIT’S easy to understand why Bank Negara raised the amount of interest-free deposits (SRR - statutory reserve requirements) that had to be kept with it by banks by another ... Read More
Govt’s active role in social housing vital

Govt’s active role in social housing vital

YESTERDAY, Housing and Local Government Minister Datuk Chor Chee Heung said the Government is monitoring the spike in house prices. He went on to say that it will not hesitate to implement measures to keep them under control. This is probably the first time the housing minister has come outright ... Read More
Indah-2-Storey-Bunalow-01

Taman Indah

Taman Indah, strategically located within the established township of Bukit Tengah in Bukit Mertajam, Penang. An easy access to North-Sourth Expressway, Perai Industrial Area, Butterworth, Bukit Mertajam and a mere minutes drive to Penang bridge. This residential property development comprises: 2-Storey Terrace Unit: 10 Built Size: 20' x 43' Lot ... Read More
Vista Tecoma @ Setia Vista

Vista Tecoma @ Setia Vista

Vista Tecoma is the latest addition to Setia Vista in Relau. This new development comprises 10 units of 2-storey semi-detached houses. Property Project : Vista Tecoma @ Setia Vista Location : Setia Vista, Relau, Penang Property Type : 2-storey Semi-Detached Land Area: 35' x 80' ft. Built-up: 2,700 sq.ft. Total ... Read More