News about Penang

PENANG (Aug 14): The Malaysian Secondary Property Exhibition Penang 2015 (MASPEX 2015) is expected to draw a crowd of 15,000 visitors to the event from Aug 13 to 16.

PETALING JAYA (Aug 13): Property services firm Raine & Horne International Zaki + Partners Sdn Bhd is selling via tender two Malay-style heritage bungalows on adjoining land in Pulau Tikus, Penang, for a collective reserve price of RM18.

GEORGE TOWN (Aug 11): Penang Chinese Chamber of Commerce is holding a seminar on the Strata Management Act 2013 at the Tan Kok Ping Hall on its premises in Lebuh Light, George Town, on Aug 21.

GEORGE TOWN (Aug 11): Property developers are still faced with operational issues that come with the implementation of the Goods and Services Tax (GST), after the consumption tax came into force four months ago.

GEORGE TOWN (Aug 8): The Penang state government will allow applicants of affordable housing units to select affordable housing projects in the state, following suggestions from property players for the move.

GEORGE TOWN (Aug 7): Affordable housing remains a key priority for the Penang state government, which has embarked on 12 affordable housing projects in all five districts of the state, which will see some 22,512 units of affordable housing being delivered within the next 15 years.

GEORGE TOWN (Aug 7): theedgeproperty.

KUALA LUMPUR (Aug 5): Hunza Properties Bhd rose by 14 sen this morning to a five-year high of RM2.

PETALING JAYA (JULY 30): Mah Sing Group Bhd previewed its Ferringhi Residence 2 at the its new lifestyle show gallery in Menara Boustead in Penang, last week.

GEORGE TOWN (July 30): Heavy machinery trader Ideal United Bintang Bhd (IUBB) enhanced its venture into property development with the acquisition of a 31% stake in I-Platinum Sdn Bhd at a cost of RM306,900.