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DPMMPP disputes construction of PICC

PENANG: The Penang chapter of the Malaysian Malay Chambers of Commerce (DPMMPP) on March 8 questioned the proposed construction of the Penang International Convention Centre (PICC) by the state government, claiming that the project was not a priority for the people.

Offshore:Bungalow prices continue uptrend

The segment of the property market in Singapore that seems to be immune to the government measures announced on Feb 19 relating to stamp duties and loan-to-value (LTV) limit appears to be landed housing, which was the best-performing residential sector last year.“I’m very confident the government measures will have very little impact on the landed home market,” says William Wong, managing direc

Green Moves: Need for incentives to promote usage of renewable energy

Some years ago, Malaysia initiated the Malaysia Building Integrated Photovoltaic (MBIPV) Project, with co-financing from the Global Environment Facility and disbursed through the UNDP. Its main objective is to reduce the long-term cost of solar BIPV technology and address the country’s long-term energy supply security.

City & Country: Waz Lian on the move

Mention Waz Lian Group and you are likely to get blank stares. That’s not surprising as the company has deliberately kept a low profile although its property arm has been active in the industry for over a decade. It may call itself a small developer but it has amassed some 1,500 acres of land with some notable parcels in the Klang Valley and Penang.

Green Moves: Growing interest in photovoltaic industry

The term “solar energy” is not new to us — electricity is generated from the sun’s rays, directly via photovoltaics (PV) or indirectly through concentrating solar power.  The latter uses the sun’s energy to boil water, which is then used to provide power. But let’s be honest, most of us wouldn’t know a PV cell or a solar cell if it hit us in the face.

City&Country: Mortgage price war abates

The local property mortgage market broke into a fierce price war last year as banks tried to outdo each other, wooing customers with innovative, flexible and competitively priced loan packages.