Piling works for the first project under the Penang Transport Master Plan (PTMP) is expected to begin near the end of 2017. Penang Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the target was to get the relevant approvals in early 2017 with work anticipated ... Read More

Motorist heading to Batu Maung in Penang can look forward to a smoother ride on the newly upgraded Tun Dr Lim Chong Eu Expressway. The 4.4km two-way four-lane expressway will be opened to traffic from March 28. As for the RM337mil Bayan Lepas Expressway (BLE) link to the Sultan Abdul ... Read More

Two more companies have joined the race to bid for 1Malaysia Development Bhd’s (1MDB) land in Air Itam, Penang. Sources said that Suiwah Corp Bhd, a supermarket chain operator, and Titijaya Land Bhd, a Klang Valley-based property developer, have put in their bids for the 94.7ha in Air Itam. Earlier, ... Read More

The two bidders that submitted proposals for the rehabilitation and development of the Jelutong dumpsite have sought to be allowed to reclaim additional land. “The two companies — a Penang-based company and a Federal government-linked company — did not meet major requirements of the request for proposal (RFP), which were ... Read More

* UPDATE: The elevated expressway will open on April 6 @ 2PM * The RM338mil Bayan Lepas Expressway (BLE) linked to the second Penang bridge is expected to be open on April 4. Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said work on the project was at ... Read More

If the planned reverse takeover (RTO) of tile manufacturer Yi-Lai Bhd goes through, it would see the entry of one-up-and coming property developer from Penang, Aspen Vision Group and its co-founder Datuk M. Murly into the capital market. Murly is becoming well known in property circles for his Aspen Group, ... Read More

Many have been asking whether is there any possibility of property price in mainland to be on par or better than in Penang Island? Vertu Resort at Batu Kawan is selling at the same price as One Foresta open market units at Sungai Ara. So if you have a budget ... Read More

The Penang Chinese Chamber of Commerce (PCCC) has urged the state government to speed up the implementation of Penang Transport Master Plan (PTMP). PCCC president Datuk Seri Choot Ewe Seng said it was needed to help alleviate traffic congestion in the state. He said tourists started flocking to the city ... Read More

Ikano Private Limited, owner of the IKEA franchise in Malaysia, confirmed today its ambition to open a store in Penang during the third quarter of 2018. Ikano and the Aspen Group teamed up in September 2014 to purchase 245 acres of land from Penang Development Corporation. The joint-venture company is working ... Read More

The proposed cable car spanning the Penang channel will cross the Middle Bank and engineers are working to ensure least damage to the seagrass bed. “The footprints of the cable pylons and towers will be small and have a low impact on the environment,” said Chief Minister Lim Guan Eng ... Read More