News & Articles
Saying no to Moulmein Rise
A SIGNATURE campaign to garner residents’ support against the ‘Moulmein Rise’ project in Lengkok Moulmein in Pulau Tikus is gaining steam. Penang Citizens’ Awareness Chant group said they have received about 300 signatures through their online petition since the campaign started last week. “Our stand is that the project need ... Read More
Biggest mall in north to be built in Prai
GEORGE TOWN: PENANG-BASED developer Belleview Group is planning to build the largest shopping mall in the northern region in Prai on the mainland. Its managing director, Datuk Sonny Ho, said the plans were still on the drawing board but construction work is expected to begin year end on a 6ha ... Read More
Tips on selling your home
IF you’re planning to sell your house, then there are certain steps you should consider before putting it out on the market. Here are some simple steps to follow to help you command “top dollar” for the house you plan on selling. Get a registered estate agent Hiring a registered ... Read More
MPPP to study Belleview project complaints
GEORGE TOWN: The Penang Island Municipal Council (MPPP) will study complaints and issues raised by the Citizens Awareness Chant Group (Chant Group) who protested on Saturday against a 27-storey luxury suite project in Pulau Tikus. Council president Datuk Patahiyah Ismail said the council would also look into concerns over parking ... Read More
Alila eyes projects in Batu Ferringhi and Langkawi
SINGAPORE-BASED Alila Hotels & Resorts is in discussions with property developers to help develop and manage tourism-based projects in Batu Ferringhi, Penang, and Langkawi. According to its vice-president for development, Arjan De Boer, the company plans to work hand-in-hand with the developers and recommend designers for various parts of the ... Read More
Malaysia-China firm wins RM8bil road and tunnel projects
Penang has awarded the tender for the underground tunnel linking the island to mainland and three major highways projects to Consortium Zenith BUCG Sdn Bhd with a land swap and 30-year concession on the tunnel. Penang Chief Minister has announced the deal today where the firm will underdertake 3 highways ... Read More
Premium Outlets to open in Penang
Penang State Government will be inviting qualified companies to submit their request for proposal (RFP) for Premium Outlet project in Bandar Cassia, Batu Kawan. This is the first of its kind project in Penang and it will be located on a 40-arce land near to the second bridge, which is ... Read More
Penang voted among top 8 retirement destinations
Penang was named among the top eight destinations for foreign retirees by Kiplinger, a US-based personal finance and business forecasting publication. This also makes Malaysia the only Asian country to figure in the list as others in the reckoning are Medellin (Colombia), Dubrovnik (Croatia), Salinas (Ecuador), Bilbao (Spain), Coronado (Panama), ... Read More
Demand, prices to remain strong
STRONG OUTLOOK: People willing to buy but it’s very selective and not across the board, says MIEA president THE secondary residential property market is expected to remain strong this year with prices continuing to rise if the current stock remains tight, the Malaysian Institute of Estate Agents (MIEA) said. Its president, ... Read More
Penang residents ‘priced out’ of owning properties
SOLUTION IN SIGHT?: Federal and state governments seeking to solve woes with more affordable homes for the middle-class MORE than a decade after the repeal of the Rent Control Act 1966 was effected, Penang residents continue to find themselves being "priced out" of owning properties. The act, which was repealed in ... Read More
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