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 More
A market review on building materials within the construction sector showed that prices of the four-most utilised materials – namely, cement, steel, sand and ready-mixed concrete – are not the main cause of the rising housing cost in Malaysia. Conducted by the Malaysia Competition Commission (MyCC), the review was made amid the concerns raised by…
Read More
Penang is fast becoming a hotspot for property investment, so take a look at the Penang property market with some important advice from Lim Wei Seong of Henry Butcher Malaysia Penang. Economy Overview Penang has a population of about 1.16 million and is the second smallest state in Malaysia. Yet, it is one of the three…
Read MoreGEORGE TOWN (March 21): The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) wants the DAP-led Penang government to build more affordable houses to be sold at a reasonable price to civil servants in the state. Its president, Datuk Azih Muda, said a reasonable house price should be the main aspect of…
Read MoreKUALA LUMPUR (March 21): Kerjaya Prospek Group Bhd, formerly Fututech Bhd, has bagged a RM181.31 million contract from China Communications Construction Co (M) Sdn Bhd (CCCC) for dredging works pertaining to the second phase of the reclamation for Seri Tanjung Pinang development (STP 2) in Penang. In a filing with Bursa Malaysia today, Kerjaya said…
Read MoreKUALA LUMPUR : Ewein Bhd, which is undertaking two property ventures in Penang, foresees further upside in the property market given its land scarcity and various ongoing infrastructure developments in in the state. In a statement today, the company said this is evidenced by the substantial demand for its maiden City of Dreams venture which…
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 More*An artist’s impression of the upcoming Gurney Wharf along Gurney Drive, Penang. – Pic courtesy of E&O, February 23, 2013. The Penang government today unveiled plans for a new seafront public park at its popular Gurney Drive, to be known as Gurney Wharf. Spanning close to 60 acres, Gurney Wharf will be created on land…
Read MoreMOVEMENT 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 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 MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.