‘Bertam a strategic location with readily available amenities’
FOR a lot of investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island and its capital city of George Town.
Buyer for land near palace?
KUALA LUMPUR (July 11): All eyes are on the price tag that the ministry of finance (MoF) could fetch for the two parcels of land that it has put up for sale near Damansara Heights at the time when the property market is experiencing a slowdown.
UDA to launch RM1.8b worth of projects on Penang’s mainland in 2H2016
PETALING JAYA (July 9): UDA Holdings Bhd will launch two projects in Bertam on Penang’s mainland which have a total gross development value (GDV) of RM1.
Developers of affordable housing may ride downturn better
IN the light of the slowdown in the property sector, developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.
Bertam sells two Cheras plots for RM128m to improve finances
KUALA LUMPUR (July 5): Bertam Alliance Bhd is selling two parcels of freehold land at Batu 9, Cheras, with a collective land size of 47,930 sq m (11.
PROPERTY SNAPSHOT 2: What’s affordable in Subang/Ara Damansara?
• While Subang and Ara Damansara are located adjacent to each other, they offer vastly different landscapes with the former dominated primarily by industrial sites and affordable housing while the latter is more affluent with gated and guarded neighbourhoods and increasingly upmarket condominiums.
PROPERTY SNAPSHOT 1: Subang/Ara Damansara takes off
• This week, the spotlight falls on the secondary market of non-landed residences in Ara Damansara and the adjacent Subang area.
Congestion to worsen in TTDI
PETALING JAYA (July 1): The proposed development of nine blocks of high-rise homes on a 12-acre parcel next to the Taman Rimba Kiara in Taman Tun Dr Ismail (TTDI) is expected to worsen traffic congestion as the existing transport infrastructure is inadequate, said property agents and consultants.
Setia Sky Seputeh condo launch in September
KUALA LUMPUR (July 1): Property developer S P Setia Bhd is set to launch its latest luxury condominium project in Taman Seputeh, Kuala Lumpur this September.