Penang halts undersea tunnel study, raising doubts about construction
KUALA LUMPUR (June 15): The Penang government has issued a halt order on the 83%-complete feasibility studies and detailed design (FSDD) for the 7.
River Tropics in Seberang Perai sees 70% take-up
PENANG-based developer New Bob Group is building the first green condominium in Seberang Perai.
CZBUCG awaits funding from Penang for RM6.3b infrastructure project studies
KUALA LUMPUR (June 14): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has yet to receive RM100 million for the feasibility studies and detailed design work completed thus far for the RM6.
Adding value to real estate customer service
IT is hard to believe that Matt Tian, the head of sales at Reapfield Properties Sdn Bhd’s Ampang branch, was once a shy boy who did not enjoy talking to people.
Penang to call for fresh bids for golf course
KUALA LUMPUR (June 10): Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld).
EcoWorld’s RNAV cut by 6% after project rescission
Eco World Development Group Bhd (June 9, RM1.
Influx of high-rise properties likely to cap prices in Penang
GEORGE TOWN (June 8): The expected influx of high-rise residential units, partly due to more launches of affordable homes, is likely to put a cap on prices in Penang in the next few years.
Ideal Property to soft-launch Queens Residences
PENANG-based developer Ideal Property Group plans to launch RM2.
Higher admin costs, forex losses hit E&O’s FY16 earnings
Eastern & Oriental Bhd (May 27, RM1.
