News by M

Penang Real Estate and Housing Developers Association (Rehda) chairman Datuk Jerry Chan said the outlook for the property sector in 2016 remains positive, adding that there would still be demand for the affordable housing in the segment priced below RM1 million despite the bleak economic outlook and weak ringgit.

We understand that Tambun Indah Land has secured advertising permits and developer licences (APDL) for Raintree Park 2 and Avenue Garden early this month, after delays of more than half a year.

Although Komtar will be launched on a single date, the various components are still targeted to be completed in two phases.

As property market stays soft, construction will remain its earnings driver.

Executive director sees the group achieving a double-digit net profit growth in FY16.

Ampang is one of Kuala Lumpur’s most elite neighbourhoods and embassy enclaves and its strata market aims high

More exciting ideas from the London Design Festival (Part 3)

Chief Minister Lim Guan Eng said letters were sent yesterday to IJM subsidiary Jelutong Development Sdn Bhd and Eastern and Oriental (E&O) Bhd subsidiary Tanjung Pinang Development Sdn Bhd, seeking their consent for the documents to be revealed.

CAP urged the Penang government to consider the impact on the environment and on the livelihoods of local communities before proceeding with any project. 

State Urban Wellbeing, Housing and Local Government Committee chairman Datuk Jalaluddin Alias said previously, the authorities focused on landed property and it was time flat residents were provided with the facility.