The first phase of the Aspen Vision City master plan, Vervea comprises a vibrant collection of versatile commercial shop offices complemented with a host of business-centric features. Billed as the largest gated and guarded commercial precinct in Penang, Vervea covers a massive 35-acre site with prominent visibility. Setting new standards in large-scale, holistic commercial developments,…
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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 MoreFOR SALE : DOUBLE STOREY HERITAGE HOUSE ADDRESS : 3 LOVE LANE, GEORGETOWN, PENANG LAND SIZE : 1,837.94 sq ft BUILD UP : 3,579 sq ft LAYOUT : 4 ROOMS 3 BATHS TYPE : 2.5 STOREY HERITAGE HOUSE FEATURES : ROOF TOP TERRACE, FISH POND, DOUBLE VOLUME WINDOW ACCESS VIA : LEBUH STEWART, LORONG ARGUS, LEBUH FARQUHAR,…
Read MorePETALING 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 towers, which sit on a seven-acre plot of freehold land — with 552 units that…
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 MoreSingapore home prices dropped for a ninth quarter, posting the longest losing streak in 17 years, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market. An index tracking private residential prices fell 0.5% in the three months ended Dec. 31 from the previous quarter, according to preliminary data from the Urban Redevelopment…
Read MoreGEORGE 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 Development Construction and Management Committee (PDCMC), said the committee lauds the recent revision by the…
Read MoreIT’S one of the biggest decisions of your life. There are so many things to think about when you’re searching for that one house to call your own that it’s easy to overlook small but important details. But first, let’s recap the big mistakes. Coming in at No 1 is overpaying for property. This is…
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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…
Read MoreVARIOUS house ownership programmes for all levels of income have been allocated for in Budget 2016. Prime Minister Datuk Seri Najib Tun Razak said PR1MA would build 175,000 houses, which will be sold at 20% below market prices, with an allocation of RM1.6bil. He said Syarikat Perumahan Negara Berhad would build 10,000 units of Rumah…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.