Paramount sets higher sales target for 2016 despite slowdown
KUALA LUMPUR (Feb 26): Paramount Corp Bhd, which saw its full-year 2015 net profit climb 8.
Group warns of Gurney Wharf’s potential environmental impact
GEORGE TOWN (Feb 25): The new Gurney Wharf seafront unveiled by the Penang government has the potential to cause a devastating environmental impact elsewhere, according to the Consumers’ Association of Penang (CAP) and Sahabat Alam Malaysia (SAM).
Paramount to double property launches in 2016 to RM770m
KUALA LUMPUR (Feb 25): Paramount Corp Bhd is doubling its property launches this year to RM770 million, from RM313 million in 2015, and aiming to have RM480 million new sales for the financial year ending Dec 31, 2016 (FY16).
Chief minister to answer public queries on Gurney Wharf
GEORGE TOWN (Feb 24): Penang is currently taking feedback from the people about the landscaping and design of the new-look Gurney Wharf, chief minister Lim Guan Eng (pictured) said today.
Prove claim demolished building was Raffles residence, says Penang mayor
GEORGE TOWN (Feb 24): Penang Island City Council (MBPP) today reiterated that it had no records to show that a building demolished on the Runnymede property in George Town was the home of Singapore founder Sir Thomas Stamford Raffles.
Ideal Sun City aims to secure 3 contracts worth RM40m in next 6 months
GEORGE TOWN (Feb 24): Property management service provider Ideal Sun City Holdings Bhd aims to secure three contracts worth up to RM40 million in total in the next six months, propelling its transfer to the Main Board on Bursa Malaysia in a year's time.
Knight Frank: 72% of investors eyeing commercial properties in 2016
KUALA LUMPUR (Feb 23): About 72% of property developers, fund and real estate investment trust (REIT) managers and lenders intend to invest in commercial properties in 2016, despite 57% of respondents saying they are less optimistic on the sector’s outlook, according to a new survey by global property consultancy Knight Frank.
Penang unveils plans for new Gurney Wharf waterfront
GEORGE TOWN (Feb 23): The Penang government today unveiled plans for a new seafront public park at its popular Gurney Drive, to be known as Gurney Wharf.
Watchdog queries council inaction on Runnymede demolition
GEORGE TOWN (Feb 23): A heritage watchdog in Penang yesterday asked Penang Island City Council (MBPP) why it did not try to prevent several old structures on the Runnymede (pictured) property from being demolished by a developer.
Inari Amertron to buy Penang land for RM22.8 mil
KUALA LUMPUR (Feb 19): Inari Amertron Bhd plans to acquire a 5.
