News about Penang

KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.

PETALING JAYA (Oct 27): The fifth property exhibition held by the Malaysian Institute of Estate Agents (MIEA) Penang has kicked off yesterday and will run until Oct 29 at Queensbay Mall, Penang, showcasing over 5,000 secondary properties.

PENANG (Oct 27): Penang chief minister Lim Guan Eng has given the developer of the Tanjung Bungah hillside housing project, which was hit by a deadly landslide last Saturday, one week to reach an amicable solution with those who bought properties in the development, the malaysiakini news portal reported today.

KUALA LUMPUR (Oct 26): Mah Sing Group Bhd will host a preview and unit selection for three of its developments — M Centura, M Vista and Meridin East — at their respective show galleries this Saturday and Sunday.

KUALA LUMPUR (Oct 23): A Penang state commission of inquiry will be set up to investigate the landslide at a construction site in Tanjung Bungah that claimed 11 lives on Saturday.

PETALING JAYA (Oct 20): The Malaysian Institute of Estate Agents (MIEA) Penang is hosting its fifth property exhibition from Oct 26 to 29 at Queensbay Mall, Penang and for the first time, the event will officially include primary properties in the market.

KUALA LUMPUR (Oct 20): Mah Sing Group Bhd has terminated the proposed deal to buy five parcels of adjoining freehold land, with a total net land area measuring approximately 3.

Sunway Bhd (Oct 13, RM1.

The average rental rates for some landed homes across Seberang Perai, Penang have increased by 10% and above, based on data from the National Property Information Centre’s Property Market Report 2016.

KUALA LUMPUR (Oct 12): Property industry observers do not foresee property prices declining in the next six to 12 months, but instead grow at a moderate pace.