Archives

January 2016

Making dreams come true

HOUSES are more than just shelters for most people. Homebuyers now expect so much more, such as a nice façade, a pleasant environment and facilities that can enhance their quality of life. In fact, lifestyle developments are becoming the norm…

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Stagnant market in Penang keeps price growth minimal in 3Q

MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh. Presenting The Edge/Raine Horne International Zaki + Partners Penang…

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Use only registered property agents

THE public has been reminded to only use the services of registered real estate agents and brokers to avoid becoming victims of fraud. The Board of Valuers Appraisers and Estate Agents (BOVAEA) has discovered the presence of online portals and…

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E&O’s STP2 project to start moving end-January

KUALA LUMPUR (Jan 22): Lifestyle property developer Eastern & Oriental Bhd (E&O) has formally signed a RM1.078 billion contract with China Communications Construction Co (M) Sdn Bhd (CCCC (M)) for the latter to undertake reclamation works for the Seri Tanjung…

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Aspen Group eyes listing by end-2016

GEORGE TOWN (Jan 22): Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) —…

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Ewein buys 50 acres of land in Penang

Ewein Bhd’s 60%-owned subsidiary Ewein Zenith Sdn Bhd (EZ) has been granted the right to acquire three parcels of land at Bandar Tanjong Pinang, Penang for a total of RM2.83 billion. In a filing today, Ewein said EZ had entered…

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Changing the face of strata and building management

(From left to right): Building Management Association of Malaysia (BMAM) deputy president Tan Sri Dato’ Ir. Teo Chiang Kok; REHDA Malaysia president Datuk Seri Fateh Iskandar bin Tan Sri Dato’ Mohamed Mansor; Minister of Urban Wellbeing, Housing and Local Government…

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