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Henry Butcher: 'Cautiously optimistic' Penang residential market in 2012

Henry Butcher: 'Cautiously optimistic' Penang residential market in 2012

PENANG: Penang Island's residential sector retained the lion's share of transactions in the property market in terms of total value and volume in 2011 and real estate consultancy Henry Butcher Malaysia (Penang) Sdn Bhd expects a more "cautiously optimistic" outlook for the sector this year.In its Penang Island Real Estate ... Read More
New condo project in Bukit Dumbar open for registration

New condo project in Bukit Dumbar open for registration

A condominium with a panoramic view is the latest property offering in Bukit Dumbar in Penang.The exclusive project — Quattro 360 by Marvellous Land Sdn Bhd — features a total of 38 units with only two units per floor.Each unit has a built-up space of 1,900sq ft, and comes with ... Read More
BSG Property to replicate Precinct 10's success in  Malacca

BSG Property to replicate Precinct 10's success in Malacca

BSG Property's business development manager Koay Wei Loong said the proposed street mall comprising food and beverage offerings in Malacca is likely to be ready by the end of 2013 and the company has earmarked some RM40 million."The positive response we have received from tenants of Precinct 10 and customers ... Read More
All set for a lasting impact

All set for a lasting impact

The Belleview Group is undertaking the development of RM1.724bil worth of property this year for Penang island and Kedah. Its managing director Datuk Sonny Ho said some RM360mil worth of property projects including All Seasons Park’s final phase, Moulmein Rise and W Residence were planned for the island. “The remaining ... Read More
CM: State tackling housing and traffic woes

CM: State tackling housing and traffic woes

GEORGE TOWN: The state government will not run away from problems faced by the people such as the issues of affordable housing, traffic congestion and civil services, Chief Minister Lim Guan Eng said. He said the state had allocated RM500mil to ensure affordable homes were made available to Penangites. “To ... Read More
La Ferringhi

La Ferringhi

La Ferringhi, a residential development located next to Eden Fairway Condominium, within the establish township of Batu Ferringhi, Penang. It comprises 20 units of 3-storey terrace house. Property Project : La Ferringhi Location : Batu Ferringhi, Penang Property Type : 3-Storey Terrace Tenure : Freehold Total Units : 20 Built-up Area : 2,750 sq.ft. Land ... Read More
RM650mil Hunza projects

RM650mil Hunza projects

GEORGE TOWN: Hunza Properties Bhd is launching about RM650mil of residential properties in Kepala Batas in Seberang Prai and Tanjung Bungah on Penang island this year. Group executive chairman Datuk Khor Teng Tong told StarBiz that residential properties worth about RM300mil in gross development value (GDV), comprising double-storey semi-detached, terraced, ... Read More
Project to widen highway bottleneck starts this month

Project to widen highway bottleneck starts this month

THE Tun Dr Lim Chong Eu Expressway in Penang is finally set to have three lanes on both sides of its entire stretch. A bottleneck near the Batu Uban marine police base which reduces the three lanes (on each side) to two is undergoing a road-widening project that began this ... Read More
Callisia 2 @ Bandar Cassia

Callisia 2 @ Bandar Cassia

Callisia 2, a residential development located within Bandar Cassia township in Batu Kawan, Penang. It comprises 246 units of double storey terrace houses with built up area ranging from 2,016 sq.ft. onwards. This is a relatively new township but it is expected to benefit from the completion second Penang bridge ... Read More
SP Setia must take possession of Pisa   first

SP Setia must take possession of Pisa first

THE timing of property developer SP Setia Bhd's new launches for its 2012 fiscal year in Penang appears to hinge on whether the company is given vacant possession of the Penang International Sports Arena (Pisa) by the first quarter of this year to build the RM300 million Subterranean Penang International ... Read More