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Looking after the affordable housing community
Measures to curb speculation in the property market and cross-subsidisation do not make for a healthy property sector in the medium to long term, according to the Real Estate and Housing Developers’ Association of Malaysia (Rehda). Rehda president Datuk Seri Michael Yam drew attention to the affordable housing segment, which suffers the ... Read More
Tropicana mixed project comprises hotel, suites and retail lots
A NEW high-rise development project along Macalister Road in Penang is poised to become the talk of the town when launched at the end of next month. The mixed integrated Tropicana 218 Macalister project, to be developed by Tropicana Corp Bhd (formerly Dijaya Corp Bhd), includes an international brand hotel ... Read More
Hunza plans 3 projects with GDV of RM1.4b over 4 years
Hunza Properties Bhd plans to launch three projects with a combined gross development value (GDV) of RM1.4 billion over the next four years, said its executive chairman Datuk Khor Teng Tong. He said the three projects – which will be Hunza's focus for the coming years – include an integrated ... Read More
PR1MA Phase 1 to feature 15 projects offering 20,000 homes priced under RM350K
Also plans to launch new projects in Setapak and Jln Jubilee in KL, Bayan Lepas in Penang, JB, Sabah and Sarawak soon. More than 20,000 homes will be built under 15 affordable housing projects in Greater Klang Valley, Johor, Penang, Sabah and Sarawak. “These 15 new developments are under Phase ... Read More
Orange Garden
Orange Garden, 3-storey semi-detached and terrace homes nestled within a contemporary gated and guarded community. It offers scenic landscaped gardens and fun-filled recreational facilitities which includes a residence clubhouse with swimming pool. This development is strategically located along Jalan Kampung Benggali in Butterworth, Penang. Property Project : Orange Garden Location : Jalan ... Read More
Transforming Gurney Drive
The 1.7km Gurney Drive will sport a new, greener look under the proposed Seri Tanjung Pinang (STP) phase two reclamation project to be undertaken by Eastern and Oriental (E&O) Bhd. It will incorporate some 20ha of greenery area including a new parkland, water features, a cycling route and palm-tree lined ... Read More
E&O to build residential and commercial projects
GEORGE TOWN: Eastern & Oriental Bhd plans to develop residential and commercial projects worth RM25bil over the next 20 years for Seri Tanjung Pinang’s (STP) second phase. And this will generate some 15,000 jobs. Group managing director Datuk Terry Tham said the ratio of commercial to residential properties for the ... Read More
Residences make up bulk of Penang’s property sales
GEORGE TOWN: Despite a softer property market in the first quarter of this year, Penang's residential sector has continued to claim the lion's share, or 75 per cent, of the total 5,756 properties transacted. A research report by Henry Butcher Malaysia Penang shows that the total number of properties transacted in ... Read More
Zeti denies that Bank Negara may impose more curbs on home loans
Investment analysts reassured by this statement although they are cautious about potential Budget 2014 announcements. Bank Negara Malaysia (BNM) will not introduce new measures to curb household debt as the current ones are sufficient and have produced the expected results, said Governor Tan Sri Dr Zeti Akhtar Aziz (pic) yesterday ... Read More
Moves to cap property prices could backfire
Imagine if a regulatory body decided to limit the number of durians purchased by each individual in order to lower the price of durians so that everyone would have the chance to taste the King of Fruits. What would happen? If this campaign was successful to the point that prices ... Read More
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