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Penang hopes infrastructure projects will be approved under Budget 2023

Penang hopes that the federal government will approve the infrastructure projects which will make a positive impact on the state and the northern region in the re-tabling of the 2023 Budget on Feb 24. Chief Minister Chow Kon Yeow said these included the Light Rail Transit (LRT) project for the ... Read More
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Sungai Ara residents win final appeal to stop hillslope project

A group of residents in Sungai Ara have won their final appeal to challenge the Penang island city council’s (MBPP) decision to grant planning permission to a developer to build a housing scheme on a hillslope. Federal Court judge Nallini Pathmanathan said the local authority’s approval of Sunway City (Penang) ... Read More
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Penang appeals to reinstate Penang South Island project

The Penang government has filed an appeal against a High Court ruling which denied it leave to pursue a judicial review aimed at reinstating its Penang South Reclamation (PSR) project. In its notice of appeal, state legal advisor Norazmi Mohd Nawawi said they were not satisfied with Justice Wan Ahmad ... Read More
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Penang state government approves RM2.4 million for repair works at Padang Tembak Flats

From 2008 to March 1, 2022, Penang State Government has spent a total of RM293.93 million for 29,944 maintenance works on all public and private housing schemes in the state. According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo, a total of RM214.26 million involves maintenance work ... Read More
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Penang recorded the highest investments approved in 2021

Malaysia attracted a record amount of approved investments worth RM306.5 billion in the manufacturing, services and primary sectors in 2021, driven by higher foreign direct investment (FDI) and increased projects in the manufacturing and the electrical and electronics (E&E) sectors, according to the Malaysian Investment Development Authority (MIDA) at its ... Read More
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Prospective buyers no longer need a payslip to apply for a PR1MA housing loan

Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday that the self-employed can now apply for loans for the Perbadanan Pr1ma Malaysia Berhad (PR1MA) housing scheme through the Housing Credit Guarantee Scheme (SJKP). He said SJKP — which is fully owned by the Ministry of Finance — allowed greater flexibility for ... Read More
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Consultant appointed for the Mahsuri Flats urban regeneration programme

The consultant for the phase one of the urban regeneration programme at ‘5 Point Blocks’ flats in Lorong Mahsuri 10, Bayan Baru has been appointed. This was announced by state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo during a press conference held on Monday at the Taman ... Read More
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Penang may consider another avenue to build LRT if reclamation project scrapped

Penang will consider building its light rail transit (LRT) line separately from an earlier transport master plan if the three islands project does not get regulatory approval. Previously, the three islands project, known as the Penang South Reclamation (PSR), was supposed to finance the LRT project with land from the ... Read More
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8th PropertyGuru Asia Property Awards (Malaysia) laurel developers, projects with wide appeal

Recipients of the 8th PropertyGuru Asia Property Awards (Malaysia), presented by Kohler, were announced today in an innovative virtual gala presentation broadcast on AsiaPropertyAwards.com and multiple digital platforms, with highlights to air on the History Channel. The programme celebrated the achievements of the real estate sector from north to south ... Read More
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Three-quarters of residents happy with liveability, green efforts and freedom in Penang

Penang Institute today unveiled the results of its Happiness in Penang (HIP) Index and found that 76.5% of the 3,011 residents surveyed identified as happy. The survey, which was conducted during October 2020 and May 2021, found 23.5% of the respondents are “not-yet-happy”, 13.7% are “narrowly happy” and 9.9% are ... Read More