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AFTER its Gurney Paragon project, Hunza Properties Bhd plans to focus on the development of commercial projects on the island and in Seberang Prai.
PETALING JAYA: Little-known Ewein Bhd, a Penang-based metal fabricator, is close to securing a sizeable contract related to the construction of the state’s mega undersea tunnel project, according to sources.
Demand in the secondary property market is expected to remain slow as house buyers prefer project launches that come with a developer’s interest-bearing scheme. There is the general sentiment that the property market is due for a price correction.
PENANG is still one of the locations in the country that foreign investors are considering to invest in the hotel business, according to several local property-consulting companies.