News about property

  Northeast Penang is perceived as the upmarket part of the island, but Southwest Penang is becoming more appealing with numerous projects underway related to the Penang Second Bridge and Penang Transport Master Plan.

  This week’s spotlight falls on non-landed residences in Southwest Penang island.

  Here are the price growth trends and indicative asking rental yields for non-landed residences in Northeast Penang.

  We continue our focus on Northeast Penang by looking at average prices on a per square foot (psf) basis.

KUALA LUMPUR (Jan 12): Tan Sri Dr Abd Wahab Maskan, 65, has ceased to be the chief operating officer (COO) of Sime Darby Bhd, with effect from Dec 31, 2015, due to his health and medical condition.

  Penang is popular among expats or foreigners looking for a holiday home or retirement home under the Malaysia My Second Home scheme.

  This week’s spotlight falls on the secondary market for non-landed residences in the north-eastern part of Penang island.

KUALA LUMPUR (Jan 10): The property and construction industries will see strong earnings but slow growth in 2016, said Chinese Metaphysics consultant Dato Joey Yap (pictured).

KUALA LUMPUR: The sub-sale and auction property market are expected to dominate transactions in a challenging market this year, said managing director, CEO and founder of IM Global Property Consultants Sdn Bhd, Ishak Ismail.

  Here are the price growth trends and indicative asking rental yields for non-landed residences in Kepong, Kuala Lumpur.