Illegal land grabs in China's southern Guangdong province fell 21 percent last year, state media said Saturday, just days after a bitter land row that grabbed worldwide attention....

New home sales picked up pace in the United States in November while the prices of homes sold slipped, Commerce Department data showed Friday....

A PROPERTY fair, showcasing properties valued at over RM1 billion, and  the largest of its kind in the northern region, will be held here next year....

SOON after the northern states of Perak and Penang were won by the Pakatan Rakyat coalition in March 2008, the two new governments caused immediate ripples in the property sector by announcing highly popular plans to award freehold land titles to residents....

GEORGE TOWN: A family-run coffee shop in Lorong Madras was slapped with fines totalling RM630 for four offences....

BUTTERWORTH: Five workers, who were trapped in a burning timber factory and recycling warehouse in Jalan Siram, escaped unharmed when they were rescued by firemen....

GEORGE TOWN: Van driver P....

GEORGE TOWN: The much-anticipated Penang Botanic Gardens Bambusetum will be opened to the public early next year....

GEORGE TOWN: The ban on horse riding at the Batu Ferringhi beach has been lifted but is restricted to a 500m stretch....

GEORGE TOWN: About 1,200 tourists were stranded for more than an hour after the Penang Hill funicular train service was disrupted on Tuesday night....

GEORGE TOWN: Chief Read more

KUALA LUMPUR: A concerted effort by individuals, government and private sector is needed for the country to protect the environment and to reduce carbon dioxide emission by 40% before 2020, MCA president Datuk Seri Dr Chua Soi Lek said....

KUALA LUMPUR: The Penang Government should build low-cost houses for its people first and worry about land conversion later, said MCA president Datuk Dr Chua Soi Lek....

GEORGE TOWN: Participants of a forum held here have passed a resolution urging the state government to impose a moratorium on high-rise and high density development....

GEORGE TOWN: A senior citizen who used to live in a rundown shack with his seven-year-old grandson, turned Santa Claus and brought gifts for some 40 residents at a home for the disabled....

KUALA LUMPUR (Dec 19, 2011): Butterworth-based property developer Tambun Indah Land Bhd expects to launch RM600 million worth of properties next year including its first project on the island in mid-2012, and maintain new property sales of over RM300 million for the next few years, its managing director Teh Kiak Seng said....

From Calvin Sankaran, via e-mail

When Lim Guan Eng became the Chief Minister of Penang in 2008, he was welcomed with much optimism, hope and a huge groundswell of goodwill....

GEORGE TOWN: Instead of riding a reindeer-powered sleigh, Santa Claus came to town here astride a water scooter!

Father Christmas’ innovative appearance surprised both local and foreign holidaymakers at the Shangri-La’s Rasa Sayang Resort & Spa beachfront in Batu Ferringhi....

Home prices in most major Chinese cities fell in November from the previous month, official data showed Sunday, as government efforts to cool the red-hot property market prove effective....

The land seizures that have provoked a week-long stand-off between authorities and villagers in southern China have become one of the country's most volatile social problems....

Indonesia's parliament on Friday passed a long-anticipated bill allowing the government to seize land for public projects in an attempt to speed up much-needed infrastructure development....

US mayors sounded an alarm Thursday over deepening economic woes after a survey of 29 cities from Los Angeles to Washington showed worrying rises in homelessness and poverty-related food aid....

GEORGE TOWN: Hunza Properties Bhd will submit plans to the local authorities next year for a mixed-development project in Bayan Baru with a gross development value (GDV) of RM6bil to RM7bil....

GEORGE TOWN: Like the ugly duckling that turned into a graceful swan, a mountain of mineral water bottles have been made into majestic chandeliers at a hotel lobby here....

GEORGE TOWN: The current hot spell may be a bother for locals but not for tourists from countries in the Northern Hemisphere who are arriving here in droves to bask in the sunshine....

GEORGE TOWN: All houses of worship in Penang will continue to enjoy water subsidy next year....

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WE live in a quiet, residential street in Tanjung Bungah, Penang where the properties are mainly bungalows....

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GEORGE TOWN (Dec 11, 2011): Penang Heritage Trust (PHT) yesterday refuted suggestions that it was not supportive of the state government's flood mitigation efforts in the heritage enclave, but said that it has received numerous complaints over the implementation methods of the project....

A South Korean developer said Monday it would not alter the design of a twin-tower project despite complaints in the United States that it mimics the explosions at New York's World Trade Center in 2001....

Israel's overheated housing market has cooled but the risks of a "sharp and damaging correction" remain, the Organisation for Economic Cooperation and Development said in a report on Monday....

KUALA LUMPUR: Penang MCA has slammed the state government for concentrating too much on mega-projects and losing sight of the need for affordable homes on the island state....

GEORGE TOWN: It was a different kind of hustle and bustle along Beach Street when families came in droves to cycle, stroll or jog in what is usually a car-jammed stretch in the city's central business district....

KUALA LUMPUR: Malaysian developers that enthusiastically expanded across the Causeway could hit a bump in their plans, following the latest move by Singapore to further cool its property market by making buyers, particularly foreigners, pay more in taxes....

To a full house of developers, building managers, estate agents and other members of the real estate industry, Fiabci-Malaysia and the Malaysian Association for Shopping and Highrise Complex Management (PPK) hosted its recent Malaysia Property Management Seminar 2011....

The Steering Committee of the Penang Forum is holding a public forum at the Caring Society Complex along Jalan Utama on 18 December from 9....

Singapore on Wednesday announced another slew of measures to cool the property market after earlier moves failed to dampen price rises....

South Korea Wednesday unveiled a series of measures aimed at boosting falling property prices by cutting a number of taxes introduced in the early 2000s when the market was overheating....

HONG KONG: CapitaLand Ltd, South-East Asia's largest property developer, plans to spin off its developed Chinese projects into two mainland-listed real estate investment trusts (REITs) when China approves listing of REITs, according to its CEO....

GEORGE TOWN: Six families living on church grounds will have to leave the premises within six months after coming to an amicable agreement with the landowner, the Titular Roman Catholic Bishop of Penang....

SINGAPORE: The number of new private homes hitting the market this year would likely be the highest in a decade, thanks to a surge of launches recently, said analysts....

GEORGE TOWN: The state needs the Penang Inter­natio­­nal Conven­tion and Exhibition Centre (sPICE) to support the trade shows that have increased in number over the past four years, said Chief Minister Lim Guan Eng....

GEORGE TOWN: Anyone who has doubts over the three-member special inquiry committee’s independent report into the controversial “Kancil car park” can obtain a free copy of it at the state secretary’s office (SUK)....

GEORGE TOWN: Restoration work at the 211-year-old Guan Yin or Goddess of Mercy Temple in Jalan Mesjid Kapitan Keling can now proceed without any problem....

KUALA LUMPUR: Industry players believe the introduction of the Malaysian Civil Engineering Standard Method of Measurement by the Construction Industry Development Board (CIDB) will improve project delivery....

Getting off a plane at Penang’s newly renovated international airport, one cannot help noticing the welcome sign saying, “Welcome to the pearl of the orient....

SEPANG: Property prices in Selangor and Penang will keep escalating if Pakatan Rakyat continues to impose high land conversion premiums on housing developers in these states....

GEORGE TOWN: Fashionistas visiting the inner city's heritage zone can now see where luxury shoe designer Read more

An examination of the kudos conferred on Penang in the past three years reveals a set of key ingredients that are central to the success story, characterised by its people, places and practices....

HomeGuru....

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) has secured a RM40....

KUALA LUMPUR: The Housing Development (Control and Licensing) (Amendment) Bill 2011 with a new provision that developers who abandon their projects can be jailed has been passed in the Dewan Rakyat....

Twenty Chinese property developers, faced with slumping sales and prices, plan to hold online auctions in an attempt to attract more home buyers to their showrooms, state media said Wednesday....

A property developer has expressed interest in buying the former home of Austrian incest dad Josef Fritzl, but a sale will only occur after the basement has been filled in, the liquidator said Wednesday....

GEORGE TOWN: The wheels are grinding very, very slowly in the Penang trishawmen saga....

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GEORGE TOWN: A deal for a developer to redevelop one of the state’s oldest landmarks on Penang Hill — Crag Hotel — appears to have stalled, due to an alleged exclusion of surrounding properties in the hotel’s vicinity....

SINGAPORE: Resale prices of private homes rose a touch last month, reversing a slight dip in September, but the overall trend suggests a period of flat values....

GEORGE TOWN: The Penang Government should use state land as collateral to obtain loans from banks to start proposed mega road and sea tunnel projects....

SYDNEY: Retail rents in Melbourne surged 32....

HONG KONG: Hong Kong has proposed a new law that will slap fines and jail terms on developers that mislead buyers of new homes....

GEORGE TOWN: The state government has upped the ante by increasing aid given to trishaw riders to RM100 monthly – RM40 more than the RM60 requested by the Penang Trishaw Riders Association....

KUALA LUMPUR: The number of applications for property development licences is expected to be slightly lower in 2012, according to Housing and Local Read more

KUALA LUMPUR: The Cabinet has approved a green neighbourhood and low carbon city framework and assessment system aimed at reducing the nation’s carbon emissions....

GEORGE TOWN: Trishaw riders here have rejected the RM100 aid offer to be dispensed every two months by the state government....

A Malaysian property developer IJM Land is set to go on a roadshow to launch its upcoming property Canal City in the Klang Valley in 2012....

PETALING JAYA: Nearly 5,000 directors of housing development companies and over 1,000 developers have been blacklisted for various offences, including for delaying and abandoning their projects since 2007....

PETALING JAYA: While supporting the move to charge errant developers, Real Estate and Housing Developers Association Malaysia (Rehda) has urged the Government to also take into consideration the reasons why projects were delayed or abandoned....

KUALA LUMPUR: About 290 house buyers are in the process of being declared bankrupt by banks after failing to pay their loans on houses in projects that have been abandoned....

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PETALING JAYA: Steeped in history, Penang is famous for its food and heritage....

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GEORGE TOWN: A fire which broke out near Penang Hill has rendered two families homeless when their cluster houses on Jalan Pokok Ceri were destroyed....

GEORGE TOWN: Four Penangites have filed a suit against the state government in a High Court here challenging the validity of the subterranean Penang International Convention and Exhibition Centre (sPICE) project’s agreement....

PETALING JAYA: Property developer Mah Sing Group Bhd’s net profit for the third quarter ended Sept 30 rose 46% to RM43....

Spending time in Penang is definitely an experience to be repeated considering its history, beaches, food and now a level of cultural activity that puts the island in a new league....

IT IS indeed heartening to read that the Penang state government has decided to recognise Kg Tanjung Tokong as a heritage village although it was earmarked for demolition....

For the purposes of the Greek authorities and particularly the taxman, thousands of extra rooms converted from basements and balconies, not to mention entire houses, simply don't exist....

The number of major Chinese cities posting a drop in home prices doubled in October, the government said Friday, in a sign efforts to cool the country's surging property market are working....

GEORGE TOWN: The location of the proposed RM120mil Escape Theme Park Resort is causing worries to environmentalists as it is near three greenery zones – the Teluk Bahang Forest Reserve, Penang National Park and the Teluk Bahang Dam....

PETALING JAYA: Housebuyers welcome the Bill to punish errant developers, but feel that the best solution would be the build-and-sell system....

KUALA LUMPUR: Excavators of land and rock material will now have to pay a deposit to ensure that they rehabilitate the dug-up area after they are done....

BUKIT MERTAJAM: The MCA has slammed Penang Chief Minister Lim Guan Eng over several huge projects pledged to Penang in the last general election but which have yet to materialise....

IJM Land Bhd is launching an iconic waterfront project in Penang, titled “The Light”, at the MIPIM Asia 2011 real estate exhibition in Hong Kong....

GEORGE TOWN: Seven people living within the grounds of a Catholic church on Penang Road here have proposed that they be allowed to stay on 20% of the 1....

Growing up in a village, I remember that cooking was done in an attap structure that was separate from the house....

GEORGE TOWN: Once a Sarkies, always a Sarkies....

GEORGE TOWN: After 10 years of losses, Read more

HONG KONG: Read more

KUALA LUMPUR: A Bill to make it a criminal offence for developers who fail to complete their projects has been tabled in Parliament for first reading....

KUALA KUMPUR: All licensed housing developers who fail to complete a housing project or cause the abandonment of the project shall be deemed to have committed a criminal offence under the amendments to the Housing Development (Control and Licensing) Act 1966....

An 81-year-old woman died after setting herself on fire as local officials tried to demolish her home in China, state media said Wednesday, in the latest deadly protest against forced eviction....

French Urban Affairs Minister Maurice Leroy courted Chinese investors in Hong Kong on Wednesday as he promoted the huge Greater Paris urban renewal project at a property industry conference....

GEORGE TOWN: The launch of a book by national laureate Muhammad Salleh will be one of the highlights of the inaugural George Town Literary Festival 2011 which opens on Nov 26....

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SINGAPORE: Retired teacher Alex Wong, 81, need not fear steps any more when he goes out to buy lunch or do grocery shopping....

GEORGE TOWN: Penang Chief Minister Lim Guan Eng says he prefers that the controversial car park at the foot of Penang Hill be demolished and rebuilt rather than modified....

WASHINGTON: The reach of a government effort to help distressed homeowners refinance their mortgages could be largely determined by details on lender liability that will be announced....

GEORGE TOWN: A 67-year-old birthday boy was among British war veterans across the Commonwealth who proudly displayed their Pingat Jasa Malaysia (PJM) on Remembrance Day....

GEORGE TOWN (Nov 13, 2011): The recently unveiled 'Penang World City' planned on reclaimed land south of the Penang Bridge with an estimated gross development value of RM10 billion is subject to Environmental Impact Assessment (EIA)....

PETALING JAYA: Dijaya Corp Bhd and Ivory Properties Group Bhd shares were up after the companies announced a tie-up for a mixed-property project with a gross development value of RM10bil in Bayan Mutiara, Penang....

GEORGE TOWN: More than 1,400 members of the Penang Turf Club and its golf section will receive a windfall from the sale of its 23ha site, one of the last prime land located next to the posh residential neighbourhood of Jesselton Road....

Ivory Properties Group Berhad (Ivory) and Dijaya Corporation Berhad (Dijaya) entered into a joint venture agreement to develop mixed Read more

GEORGE TOWN: Read more

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KUALA LUMPUR: The Penang government has proposed the construction of a third link - a 6....

GEORGE TOWN: Fire investigators are studying the possibility that arson was the cause of a fire that razed a house and several vehicles at Kampung Dodol along Jalan P....

KUALA LUMPUR: The Penang government will pay developers with prime land around the tourist belt area of Gurney Drive to construct three by-pass highways and a sea tunnel linking the island to the mainland....

KEPALA BATAS: There is nothing unusual about the state government giving out land leases for 60 years or 99 years, Deputy Chief Minister 1 Datuk Mansor Othman said....

GEORGE TOWN: The Penang Government is calling for contractors to participate in a pre-qualification exercise for four major roads and tunnel projects estimated to cost up to RM8bil....

KUALA LUMPUR: Disgruntled house buyers top the list of nearly 3,000 complaints received by the Housing and Local Government Ministry....

A Chinese property tycoon is one step closer to getting Icelandic approval for his plans to buy a large swathe of land for a tourist resort, an economic affairs ministry memo released Thursday showed....

Greek investors are buying up London property in increasing numbers as they seek a safe haven away from the debt crisis engulfing their homeland, property agents said Thursday....

GEORGE TOWN: The Penang International Sports Arena (PISA) will undergo upgrading works beginning Jan 1 next year....

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HONG KONG - A property developer in the eastern Chinese province of Zhejiang was sentenced to death for swindling more than $867 million from investors in an illegal fundraising scheme, a newspaper reported on Wednesday....

GEORGE TOWN: The state government should consider building low medium-cost (LMC) units on the island instead of pushing such projects to the mainland....

GEORGE TOWN: The residents of Jalan P....

Real estate agents in Beijing have been forced to close hundreds of branches this year as government restrictions on property purchases squeeze demand for apartments and houses, state media said Tuesday....

GEORGE TOWN: A leak was detected on the second floor of the Penang International Airport, about 50m from the automated glass doors....

GEORGE TOWN: Septuagenarian Ng Chow Seng has done the country proud by winning the gold medal at the 2011 International Weightlifting Federation World Masters Weightlifting Championships in Limassol, Cyprus....

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WHEN the Penang State Assembly approved an enactment to establish a new State Housing Board in October last year, it was widely anticipated to be a fresh shot in the arm for what had arguably become a dismal and disoriented sector....

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WHAT is it about the sea that attracts both developers and homebuyers? Along the Penang coastal road from Gurney Drive to Batu Ferringhi, condominiums, apartments and landed housing compete for buyers and tenants....

The Castro government has allowed individuals to buy and sell homes for the first time in 50 years, bringing relief to Cubans celebrating the latest reforms of the island's Soviet-style economy....

BUTTERWORTH: Corporate companies should grab the opportunity to feature their organisations via beautification work under the Seberang Prai Municipal Council’s corporate social responsibility (CSR) landscaping adoption project....

GEORGE TOWN: The concession rights obtained by the developer of the RM300mil Tun Dr Lim Chong Eu Expressway are now worth RM5bil, said Penang Local Government and Traffic Management Committee chairman Chow Kon Yeow....

GEORGE TOWN: Only 20 out of 35 carpenters and artisans from China have been given permits to come to Penang to work on the 211-year-old Goddess of Mercy Temple in Jalan Mesjid Kapitan Keling here....

GEORGE TOWN: Chief Minister Lim Guan Eng has asked Penang Hill Corporation (PHC) to buck up and get the 11 hawker stalls at the lower train station in Air Itam up and ready for business....

GEORGE TOWN: Penang Development Corpo-ration (PDC) general manager Datuk Rosli Jaafar’s (pic) resignation as chairman of its subsidiary PDC Consultancy Sdn Bhd has nothing to do with the RM5mil ‘Kancil car park’ controversy....

Watchdogs at the Federal Reserve on Tuesday announced that customers of four major lenders can seek compensation if their homes were unfairly repossessed....

One-third of Venezuela's population has signed up for housing subsidies under a plan launched this year by President Hugo Chavez, the state news agency AVN said....

Sales of new homes in Australia fell by 3....

YTL Land & Development Bhd has yet to launch Shorefront Residences, its luxury project in Penang....

George Town: A graffiti deriding Penang Chief Minister Lim Guan Eng has appeared on the perimeter wall of the Cheong Fatt Tze Mansion, also known as the Blue Mansion....

GEORGE TOWN: A backbencher has told the state government to make it compulsory for deve-lopers to construct low-cost or low medium-cost houses on the island for any development project they undertake....

GEORGE TOWN: Sixty-four houses in Batu Maung were damaged during a thunderstorm where four households had their rooftops blown off their attap homes....

GEORGE TOWN: Penang has seen an increase in tourists following the flood situation in the Thai capital....

Abdul Rahim Rahman expects Budget 2012 to boost the property and construction sectors....

Penang Forum welcomes and fully supports the state government’s bold decision to call off a controversial proposed agreement to allow Boustead Holdings Bhd to reclaim land at Bayan Bay as compensation for having to scale down the firm’s hotel along Weld Quay....

GEORGE TOWN: A multi-storey car park and hotel block will soon be built within the Penang International Airport, said state Public Works, Utilities and Transportation Committee chairman Lim Hock Seng....

GEORGE TOWN: Two shops and a car along Patani Road here were badly damaged when a tree fell on them during a heavy downpour....

KEPALA BATAS: The Federal Government has allocated over RM53....

KUALA LUMPUR: The number of applicants for the Malaysia My Second Home (MM2H) programme is expected to grow by 10% this year....