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Building hope for the house hungry 27 Aug 2013 | 08:04 am
At least 2,000 affordable houses will be built in Penang by next year, promises JKP Sdn Bhd chairman Datuk Zainal Abidin Osman. He said that the company wished to play a role in ensuring that afforda...
STP phase 2 to generate RM9.8bil worth of jobs 26 Aug 2013 | 11:36 am
The second phase of the Seri Tanjung Pinang (STP) development project, which has a gross development value (GDV) of RM25bil, is expected to generate RM9.75bil worth of construction and renovation jobs...
What you should do before hunting for a house 26 Aug 2013 | 09:22 am
During the last housing boom in the United States, most investors bought properties with only one thing in mind: sell it at a higher price. However, when the market dropped drastically,many of these i...
Homes measuring 1,000 to 1,500 sq ft are affordable now 26 Aug 2013 | 09:17 am
The trend for developers in Penang is to build smaller-sized stratified homes which are considered affordable in view of a cooling property market. Henry Butcher Malaysia (Penang) vice-president Shaw...
Residences make up bulk of Penang property sales 23 Aug 2013 | 09:18 am
Despite a softer property market in the first quarter of this year, Penang's residential sector has continued to claim the lion's share, or 75 per cent, of the total 5,756 properties transacted. A re...
Rising Malaysian home prices stokes concern 23 Aug 2013 | 08:09 am
Rising house prices has fanned concerns among first-time home buyers who are worried they would not be able to own a property, according to the findings of a survey conducted by iProperty.com. The iP...
A bigger global crisis possible 23 Aug 2013 | 08:03 am
A global financial crisis bigger than the one in 2008 is conceivable in five to 10 years. Value Partners Group chairman and co-investment officer Cheah Cheng Hye said the crisis, which would not be V...
Further tightening LTV ratio for property purchases 22 Aug 2013 | 12:02 pm
Bank Negara measures seen slowing down loans growth next year; interest rates might increase 0.25% or even 0.5% next year. More macro prudential measures, especially those aimed at “cooling” the prop...
Penang property market to contract 20 Aug 2013 | 08:16 am
Penang’s property market is expected to contract further by double digits this year, similar to the trend in 2012, according to Raine & Horne Malaysia (Penang) director Michael Geh. He said that both...
Hunza unveils new office "Hunza Tower" 20 Aug 2013 | 07:54 am
A month after opening Gurney Paragon Mall in Penang, the Hunza Properties Berhad Group celebrated another auspicious occasion with the unveiling of the group’s new office at the Hunza Tower at the mal...
