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Second tower of The Tamarind 80% sold

PETALING JAYA (Feb 26): The second tower of The Tamarind executive apartments in Penang by  Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement. The Tamarind comprises two…

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Incentivise private sector to build affordable housing, says Penang Chinese Chamber of Commerce

GEORGE TOWN : The Penang Chinese Chamber of Commerce (PCCC) says it is willing to build the proposed new category of affordable housing units if the state government gives sufficient incentives. Datuk Finn Choong Khuat Seng, convenor of the chamber’s Property…

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Shrinking ringgit: Boon or bane?


KUALA LUMPUR (Oct 24): The ringgit has fallen to record lows in a matter of months, falling to a 17-year low of RM4.2630 against the US dollar in August. Assuming a continued downward decline for the ringgit, what does it…

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Catering for market demand in Penang


FROM its beginnings in plywood production and manufacturing, Penang developer Asia Green Group has become a diversified business entity today with a fast-growing property development business. It currently has projects worth over RM600 million in total gross development value (GDV). Led…

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