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RM17 billion approved for Bayan Lepas LRT and Pan Island Link 1

Penang government yesterday announced that a sum of RM17 billion from an estimated total cost of RM46 billion for the Penang Transport Master Plan (PTMP) project has been approved. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the RM17 billion cost included the Bayan Lepas ... Read More
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Penang Undersea Tunnel Will Be Scrapped If Third Bridge Is Approved

The Penang government will scrap the undersea tunnel project if the Federal Government grants approval for a third bridge in the state. State Public Works, Utilities, Transportation Committee chairman Lim Hock Seng said this is based on cost justification of the bridge construction and maintenance which was way cheaper than ... Read More
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Sapphire Bukit Panchor

Sapphire Bukit Panchor, the latest commercial development by Bukit Punchor Development Sdn. Bhd. (A subsidiary company of Thriven Global Berhad) at Bukit Panchor Industrial Park in Nibong Tebal, Penang. It is located at the intersection of Jalan Industri 2 and Jalan Industri 4, less than 3km away from Jawi toll ... Read More
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APDL approvals to boost Penang market

After waiting for months on end for their applications for advertising permits and developers’ licences (APDLs) to be approved, developers in Penang breathed a sigh of relief recently — they have finally been given the nod. They are now busy with sales and purchase agreement signings and banking in of cheques, ... Read More
PTMP

Another six months to get approval for Penang Transport Master Plan

The Penang government has extended by six months the validity period of the award letter for SRS Consortium, the project delivery partner (PDP), of the Penang Transport Master Plan (PTMP) project. The award letter was to expire by the end of this month but will now be valid until June ... Read More
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Court upholds Appeals Board’s stay order on condo project

A developer has failed in its bid via judicial review to set aside the stay order issued by the Penang Appeals Board on its high-rise project in Pykett Avenue here. A High Court here upheld the decision of the board in the issuance of a stay of implementation of planning ... Read More
komtar-lrt

Penang eyeing July approval for LRT project to begin 2017

Penang hopes to secure a conditional approval for its first railway scheme connecting Bayan Lepas to Komtar by next month, state executive councillor Chow Kon Yeow said. The local government committee chairman said SRS Consortium, the project delivery partner (PDP) for the Penang Transport Master Plan (PTMP), met with Land Public ... Read More
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Approve tram and LRT systems for Penang, state governor tells Putrajaya

The governor of Penang today called on Putrajaya to approve the state’s application for tram and Light Rail Transit (LRT) systems at his opening speech at the state legislative assembly sitting today. The Yang diPertua Negri Tun Abdul Rahman Abbas said the state needs better public transport systems to resolve ... Read More
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Affordable housing applicants must now submit a CCRIS report

Affordable housing applicants must now show their creditworthiness when applying. The state government has made this a requirement on the advice of Bank Negara, said state Housing Comittee chairman Jagdeep Singh Deo. “Bank Negara has urged us to require applicants to submit a Central Credit Reference Informa-tion System (CCRIS) report ... Read More
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More than 500 MyDeposit applicants from Penang

The National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month. National Housing Department director-general Datuk Mohamad Yusoff Ghazali said the department had so far received 7,347 applications for the scheme, 1,046 of which provided complete documents. “Selangor recorded ... Read More