News about Teluk Kumbar

GEORGE TOWN (Oct 14): The Penang Development Corp (PDC) will “step up” its monitoring of the state’s affordable housing projects “to ensure they are in tip-top condition”, said state local government committee chairman Jagdeep Singh Deo.

PETALING JAYA (July 9): All 50 units of Ramah Pavilion condominium in Teluk Kumbar, Penang island, under the developer’s rent-to-own (RTO) scheme were taken up by interested buyers within two months after the scheme was introduced in mid-April.

PETALING JAYA (April 17): M Summit Group has introduced the first rent-to-own (RTO) scheme in Penang for limited units of its condominium project in Teluk Kumbar, Penang island.

PETALING JAYA: Kuala Lumpur-based TPPT Sdn Bhd is launching the first block of its latest condominium project, Emerald Residence at Teluk Kumbar Heights, Penang island this weekend.

  PETALING JAYA (Sept 12): Perbadanan PR1MA Malaysia (PR1MA) is preparing to launch a few new townships, with one or two still in the process of getting approvals, said its CEO Datuk Abdul Mutalib Alias.

With the hubbub on the softened property market, not even Penang, especially Penang Island, known for its land scarcity and extravagant property prices, is spared.

DESPITE the sluggish market, property investors in Penang can take comfort in reports of capital appreciation in the state.

PENANG-BORN Datuk Albert Moh’s ambition growing up was to be an architect.