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SITE PROGRESS: Nusacinta @ Setia Fontaines (Apr 2024)

About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More

IJM Bayouri

IJM Bayouri, a 70-acre freehold township development by Chen Yu Land Sdn. Bhd. (a subsidiary of IJM Land) at Nibong Tebal. Strategically just a stone's throw away from the entry point of Jawi toll, about 12 minutes drive to the south of Penang Second Bridge. It is within close proximity to ... Read More

Full lane closure at LCE Expressway and contraflow towards Penang Bridge

There will be a full lane closure and traffic diversion on the Tun Dr Lim Chong Eu Expressway heading towards the Penang Bridge, starting tonight. The closure will affect Line M, from CH 1.1 to CH 1.9, particularly around The Light area. All four lanes heading towards the Penang Bridge ... Read More

Iconic soft-launches Iconic Harmony in Bukit Mertajam

Iconic Worldwide Bhd's wholly-owned unit Iconic Maison Sdn Bhd eyes over 70 per cent take-up rate of its newly-launched residential development, Iconic Harmony, with RM300 million gross development value (GDV) due to strong demand from buyers. Iconic Worldwide executive chairman Datuk Seri Tan Kean Tet said the project has garnered ... Read More
Penang 2nd Bridge

Part of Penang 2nd Bridge to be closed from tomorrow

Part of the Sultan Abdul Halim Mu’adzam Shah Bridge (JSAHMS), from KM12.5 to KM18.5, will be closed from Tuesday to Thursday for cable inspection work. Jambatan Kedua Sdn Bhd (JKSB) said the closure will start from 9am until 5pm throughout the three days and that the contra flow lane will ... Read More

Temporary road closure for Air Itam bypass project

Motorists in Farlim, Air Itam, will need to plan alternate routes as a section of Lebuhraya Thean Teik will be temporarily closed from 9pm to 5am on April 22 and 23. This closure, affecting the stretch between Desa Intan and Tanjung Court, is necessary to facilitate construction efforts for the ... Read More

Penang optimistic about achieving target to build 220,000 affordable homes by 2030

The Penang government is optimistic about achieving the target to build 220,000 units of Affordable Housing (RMM) by 2030. State Housing and Environment Committee chairman, Datuk Seri S. Sundarajoo, said the target is in line with the agenda ‘Housing for All’, which is the state government’s main core in providing ... Read More

Iconic raises RM95.6mil through rights issue, plans for land purchase

Iconic Worldwide Bhd has received overwhelming support for its recent rights issue and free warrants, signaling a strong vote of confidence from investors. With 1.12 billion rights shares and 749.8 million free warrants oversubscribed, the company is set to embark on an ambitious expansion journey. Scheduled to be listed on ... Read More

Penang Undersea Tunnel project under review following PPC proposal

In a recent update reported by Buletin Mutiara, Penang State Government is set to examine the comprehensive proposals outlined in the Penang Port Commission's (PPC) Master Development Plan for the Penang Port. This comes in the wake of recent developments regarding the feasibility study for the undersea tunnel project, which was ... Read More

Swiss company LEM opens its first plant in Penang

LEM, a renowned leader in electrical measurement technology, has opened its new US$17 million factory in Penang, Malaysia, heralding a significant step forward in the realm of advanced manufacturing. Nestled within the Penang Science Park North in Simpang Ampat, this state-of-the-art facility seamlessly integrates cutting-edge manufacturing technology with environmentally friendly designs, ... Read More