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 in Malaysia’s highly competitive residential market. Ewein Zenith Sdn Bhd deputy chairman Datuk Ewe Swee…
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Archives January 2016
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 Residential Property Monitor 3Q2015, Geh says 1-storey terraced houses with built-ups of 1,200 to 1,600…
Read MoreRenowned developer SP Setia Bhd is launching two new projects in Penang this year. They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara. Solok Slim consists of two 33-storey condominium blocks with a total of 550 units on a 2.15ha plot of freehold land….
Read MoreTHE 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 web applications marketing properties. BOVAEA president and Valuation and Property Services director-general Faizan Abdul Rahman…
Read MoreKUALA 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 Pinang Phase 2 (STP2) project in Penang. Following this, mobilisation of works for STP2 is…
Read MoreGEORGE 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) — by the fourth quarter of this year, according to Aspen Group co-founder and chief executive…
Read MoreEwein 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 into a Memorandum of Agreement (MOA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to grant…
Read More(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 Datuk Abdul Rahman Dahlan; BMAM president Tan Sri Datuk Eddy Chen Lok Loi; BMAM seminar…
Read MoreStarProperty.my had recently conducted a survey to measure house buyers’ sentiment on the national economy and the property market for the years 2015/2016. House buyers’ sentiment on the present and future state of the national economy and the national property market, as well as the present and future impact on house buyers’ cost of living…
Read MoreGEORGE TOWN (Jan 13): The State Land and Mines Office has been instructed not to authorise any land transactions involving 1Malaysia Development Bhd (1MDB) without the state’s prior approval. Chief Minister Lim Guan Eng (pictured) said this in relation to 1MDB president and group chief executive officer Arul Kanda Kandasamy’s recent admission that the 234…
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