THERE has been encouraging response for The Tamarind in Penang, the first executive apartments of Eastern and Oriental (E&O) Bhd. E&O marketing and sales general manager (Penang) Christina Lau said Tower A and Tower B of the project were 95% and 50% sold respectively. The project sits on 2.79ha of freehold land with an estimated…
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Archives December 2015
PENANG (Dec 8): The National Heritage Department has been waiting for years for the Penang government to give its consent to gazette 18 buildings in the state as “national heritage”. Heritage commissioner Dr Zainah Ibrahim said since George Town was inscripted as a Unesco World Heritage Site, the department had identified the buildings to be gazetted. However,…
Read MoreTHERE are two questions floating around the property market today: why do house prices remain as high as they are, and what affects these prices? Both are interlinked. According to Jordan Lee & Jaafar executive director Yap Kian Ann, Selangor and Kuala Lumpur have a population of 7.5 million with 1.85 million residential units. Migration…
Read MorePENANG (Dec 7): Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project. They were, however, also concerned about the impact it could have on the homes and the environment. The bulk of the questions raised were about the proposed master plan, which featured the…
Read MoreKUALA LUMPUR (Dec 7): Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Bhd (E&O), has secured RM1.084 billion worth of banking facilities for its Seri Tanjung Pinang Phase 2 (STP 2) reclamation project, according to E&O. “With the funding in place for STP2, one of the key aspects to operationalise the…
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