Cititel to build 2 hotels for RM183m
GEORGE TOWN: Cititel Hotel Management (CHM) Sdn Bhd, a subsidiary of IGB Corporation Bhd, will invest RM183 million to build two more hotels on the island. CHM managing director Datuk Eric H.K. Lim said the properties would be built at the Gat Lebuh Noordin area by early 2014. The two ... Read More
Better flow of traffic in Air Itam
THE next phase of the Jalan Air Itam widening project slated for April should ease traffic congestion by at least 15%, said Penang Municipal Council senior traffic engineer A. Rajendran. The widening of the 190-metre stretch in front of the Han Chiang High School from two lanes to three is ... Read More
Kg Buah Pala nine overjoyed to grab govt offer of 18 double-storey houses
GEORGE TOWN: The nine families from the former Kampung Buah Pala here are delighted with the offer of double-storey houses costing RM220,000 each in Teluk Air Tawar on the mainland.They are jumping at the chance as there is no other option.Their former residents association chairman M. Sugumaran said they were ... Read More
Second Penang Bridge on track for November 2013 opening
KUALA LUMPUR (Jan 3): The Second Penang Bridge has achieved 70% completion and 1.5 months ahead of schedule, said Jambatan Kedua Sdn Bhd (JKSB) in a statement on Dec 30, 2011.It is confident that work is on the track towards the target opening date of the bridge in November 2013 ... Read More
Most viewed properties of the month – Dec 2011
#1 Sierra Residences - Sungai Ara Soft-launched on 23 Dec 2011. At around RM300/sq.ft. with 2 car parks, this is one of the most affordable new properties in Penang Island. Price starts from RM280k, a good price for young couple who wanted to settle down in Penang Island with small ... Read More
Rise and fall of interest rates
INTEREST rates have a wide and varied impact upon the economy. When interest rates are raised, the general effect is to slow down credit demand and contain inflationary pressures. It also makes borrowing money more expensive, which affects how consumers and businesses spend their money. Investors should understand how interest ... Read More
Penang to ride on Shangri-La expansion
THE opening of several new Shangri-La Hotels and Resorts properties around the globe in 2012, will be leveraged on by its sister property in Penang to draw more visitors to the island state. Shangri-La's Rasa Sayang Resort and Spa general manager Elaine Yue said the expansion of the group's properties, ... Read More
Property sector to correct
The steep increases seen in the last two years expected to sputter to a halt on weak global sentimentTHE overall weak global sentiment is expected to cast a pall over the property sector, which is expected to undergo some downward correction next year, agents, property consultants and developers say, with ... Read More
Property market welcomes new group of buyers
BEGINNING tomorrow, new guidelines from Bank Negara Malaysia to curb rising household debt are going to kick in. The guidelines cover all consumer loan products including housing, personal and car loans, credit card receivables as well as loans for the purchase of securities.Instead of loan approvals being based on gross ... Read More
RM10mil swanky clubhouse
DNP Land Sdn Bhd will spend RM10mil on a chic and trendy-looking community clubhouse within its upcoming Jesselton Hills mixed development project in Alma, Bukit Mertajam. Its northern region general manager K.C. Tan said property owners in the residential scheme would not be charged any membership fee to use the ... Read More
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- @babyfong From his logic, the most ideal location is same building as his office, just...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie Surely there is a sweet point of acceptance between jam and distance, just giga-big...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie I agree with you, 15min is better. But when so many rather jam 1-2hour...Islander on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @WC Ong I think you misunderstood me on the case of "not speculator" & "owner...babyfong on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- Lol...After The Muze, now The Senze with 1,6k units small studio type with 1 Car...MajorArches on Senze @ PICC
- Anyone view this project? is the location good? ...joey on Senze @ PICC
- PM Interested ... ...Phoebe on The Cube
- @Islander 1 hour in penang traffic could've been 15mins in good location? Why spend 1...Krie on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @Krie PICC &Queens as well. Mention location like a super prime but density over 2000+....AG Zen on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
- @babyfong speculator or no speculator. at least don't daydream and talk nonsense like high density...WC Ong on Penang optimistic about achieving target to build 220,000 affordable homes by 2030
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams