In Depth

High-end property auction on the uptrend

AuctionGuru.com executive director Gary Chia also tells TheEdgeProperty.com that the number of high-end residential properties put up for auction has increased slightly.

‘Bertam a strategic location with readily available amenities’

For a lot of investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island and its capital city of George Town. With its strong industries and heritage, Penang island has long established itself as one of the country’s most loved and successful cities. However, due to limited land and a saturated market there, developers have begun crossing over to Seberang Perai, lured by the undeveloped space, cheaper land price and strong growth potential.

TSA Land ready to launch maiden project

Kuala Lumpur’s Melawati area has been a property hot spot for the last decade, with prices soaring and new developments from major developers such as Sime Darby Property Bhd, Sunway Bhd and Nadayu Properties Bhd.

Nadayu offers commercial component in Melawati

Nadayu Properties Bhd’s latest offering in Taman Nadayu — the mixed-use development Nadayu63 — is seen as a catalyst for the township, with the commercial component set to bring dynamic lifestyle and retail activities to residents.

UEMS, E&O earnings below expectations

Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations. 

Inside the S$48 mil ‘Copper House’

Sentosa Cove has some of the priciest waterfront resort homes built on 99-year leasehold reclaimed land. Even among over-the-top homes, there are those that stand out for their sheer extravagance. One such home that has earned the moniker of the “Copper House” belongs to a Singaporean tycoon who built the property on two adjacent plots of 9,000 sq ft each.