Meda Inc to sell The Summit Hotel Bukit Mertajam for RM20 mil
KUALA LUMPUR (April 20): Meda Inc Bhd is disposing of its hotel The Summit Hotel Bukit Mertajam in Penang for RM20 million to partially fund its working capital requirements.
Homebuyers to bear the brunt of rising building costs
KUALA LUMPUR (April 20): Property developers have warned that home prices may rise following the government’s recent move to slap a safeguard duty on the import of certain steel products for three years.
Strong take-up for phase 2 of E&O’s Ariza Seafront Terraces in STP
PETALING JAYA (April 18): Eastern & Oriental Bhd (E&O) has recorded 87% take-up for phase 2 of its Ariza Seafront Terraces comprising 35 units of landed homes in Seri Tanjung Pinang (STP), Penang.
Hua Yang to expand on Penang mainland with RM800m GDV projects
SELAYANG (April 11): Hua Yang Bhd plans to expand its presence on Penang mainland by launching another three projects with an estimated combined gross development value (GDV) of RM800 million in the next three years, according to its assistant general manager Tony Ng.
Striving to be the ‘preferred mall’ among Penangites
STRATA COMMERCIAL CATEGORY — SILVER QUEENSBAY MALL LOCATED in Bayan Lepas, Queensbay Mall opened its doors to the public on Dec 1, 2006.
In honour of Malaysia’s best managed properties
Properties, regardless if they are big or small, landed or non-landed, a single building or a vast township, residential or commercial, all need tender loving care.
High-rise living — set to soar
AS land costs in urban centres like Kuala Lumpur, Penang and Johor Bahru have risen significantly due to land scarcity, property developers have little choice but to go vertical and construct high-rise projects, be they residential, commercial or integrated developments.
Kerjaya Prospek gets RM31.6 mil housing development contract in Penang
KUALA LUMPUR (March 31): Kerjaya Prospek Group Bhd has bagged a contract worth RM31.
Penang undersea tunnel feasibility studies 87% complete, says Guan Eng
KUALA LUMPUR (March 31): Feasibility studies for the proposed RM4 billion Penang undersea tunnel are 87% complete, said Chief Minister Lim Guan Eng.
Paramount to bring landed living quality to multi-storey projects
STEPPING into the scene as a township developer in the northern region some 40 years ago, Paramount Property, the property development arm of Paramount Corp Bhd, has since become a developer that offers a broad spectrum of products.
