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Gulf Craft bullish on prospects in SE Asia

GEORGE TOWN: The Middle East luxury yacht builder Gulf Craft is looking at Southeast Asian markets - including Malaysia - as a source for increased revenue. The company's chief operating officer (COO) Erwin Bamps did not discount the possibility of considering Penang as a potential hub for a shipyard in ... Read More
Pearl Villas @ Pearl City

Pearl Villas @ Pearl City

Pearl Villas, an exclusive gated community is developing to be a growing township and a completely self-contained project which will be supported by well- planned infrastructures, comprehensive learning institutions from colleges to primary and secondary schools, supermarkets, shoplots and other essential community facilities. The project comprises 152 terrace houses, 164 ... Read More
Tropicale Residency

Tropicale Residency

Tropicale Residency is a gated residential development located at Alma, the new heartbeat of Bukit Mertajam, with easy access to Jalan Rozlan and Jalan Kulim. Tropicale Residency is designed with a luxurious lifestyle in 3’G’ neighbourhood; a conceptual and comprehensive development that encompass an area of 45 acres, spreading throughout undulating ... Read More
Bank Negara raises key interest rate

Bank Negara raises key interest rate

PETALING JAYA: Bank Negara raised the overnight policy rate (OPR) by 25 basis points to 3% and increased the statutory reserve requirement (SRR) by 1 percentage point to 3%, a move that took most by surprise. The OPR, the benchmark interest rate commercial banks use to calculate their base lending rates ... Read More
Kept in the dark

Kept in the dark

A PKR assemblyman, who is in the dark about a major reclamation project in his constituency, has asked the state government to brief the relevant assemblymen on the matter.Sim Tze Tzin (PKR ? Pantai Jerejak) claimed that some 40.4ha in front of the Queensbay Mall coastline would be reclaimed by ... Read More
Mutiara Goodyear to develop 527-acre land in Penang with Tambun Indah

Mutiara Goodyear to develop 527-acre land in Penang with Tambun Indah

KUALA LUMPUR: Mutiara Goodyear Development Bhd (Mutiara) is partnering with Tambun Indah Land Bhd (Tambun Indah) to develop a 527-acre land in Seberang Perai. Mutiara via its wholly-owned subsidiary, Pembangunan Bandar Mutiara (PBM) has entered into a joint venture (JV) agreement with Tambun Indah on Wednesday, May 4. The JV ... Read More
Atlantic Apartment

Atlantic Apartment

Atlantic sits on a prime freehold land on mainland Penang that offers enchanting and breathtaking view of Penang Island. Unique Modern Contemporary Design optimizes comfort but not at the expense of luxury. It is designed to be an exclusive beachfront low-density apartment enclave with amenities at its vicinity. Atlantic is ... Read More
Dragon boat fest is back with new photo event

Dragon boat fest is back with new photo event

THE Plenitude Penang International Dragon Boat Festival will be held at the Teluk Bahang Dam on June 11 and 12. State Tourism Development and Culture Committee chairman Danny Law said Plenitude, a listed company involved in property development, was the sponsor of the event this year. He said 12 teams ... Read More
Caribea & Casuarina – Setia Pearl Island

Caribea & Casuarina – Setia Pearl Island

Caribea & Casuarina is the latest addition to the Isle of Conifer @ Setia Peral Island. This new development comprises 8 units of 3-storey semi-detached and 37 units 3-storey terrace houses. Property Project : Isle of Conifer @ Setia Pearl Island Location : Setia Pearl Island, Sungai Ara, Penang Property ... Read More
PJ Dev to expand hospitality business

PJ Dev to expand hospitality business

KUALA LUMPUR: Property developer PJ Development Bhd (PJD) will build two new residences and a hotel for RM400 million to grow its hospitality business. Swiss-Garden International Sdn Bhd (SGI) group general manager for sales and marketing Francis Lee said PJD will build the properties starting end of this year for ... Read More