FOR SALE : MIRA RESIDENCE Location : Tanjung Bungah Size : 1,635 sf Layout : 4 rooms 3 baths Parking : 2 nos Condition : Original unit as developer handover, inclusive of 5 units of air-conditioner Mira Residence consists of 2 towers with 32 stories and a total of 376 condominium units with 9 different…
Read MoreHOUSES 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…
Read MoreKUALA LUMPUR (Jan 16): Ewein Zenith Sdn Bhd is planning to launch the RM800 million City of Dreams in Bandar Tanjong Pinang, Penang in the first quarter of this year. Ewein Zenith is jointly owned by public listed Ewein Bhd (60% stake) and Consortium Zenith BUCG Sdn Bhd (40% stake). The freehold 3.67-acre City of Dreams…
Read MoreHONG KONG (Oct 3): When Chinese nationals move money overseas, they often do it the way drug traffickers or terrorists do: They break down cash into small amounts below what would trigger official scrutiny. Moving money in small increments to avoid reporting requirements is called “smurfing”, after the little blue cartoon characters who as small…
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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 mean for the local real estate market? The weaker ringgit may cause property prices to…
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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 by group managing director Tan Boon Huat, Asia Green’s parent Asia Plywood Company Sdn Bhd…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.