Property News
10.5km road tunnel in Penang as part of Pan Island Link
The state government today announced an ambitious project to alleviate traffic congestion on the island, which will be undertaken through a 10.5km-long tunnel that will cut through hills and is part of the Pan Island Link 1 (PIL 1). Chief Minister Chow Kon Yeow said the project will be challenging ... Read More
9 reasons why affordable homes floundering here, according to developers
The Real Estate and Housing Developers Association Malaysia (Rehda) Institute has identified today nine structural problems which it said are behind why the country is struggling to ensure a sustainable supply of public housing. The report titled “Affordable Housing Report” released this morning cited fragmented playing field between public and ... Read More
Atta Global buys two property development companies for RM7.5m
Steel products maker Atta Global Group Bhd is proposing to acquire two property development companies, Eminent Potential Sdn Bhd and Scanrite Sdn Bhd, for RM7.5 million, as part of its diversification into the property business. In a filing to the exchange yesterday, Atta Global said its wholly-owned subsidiary Atta Properties ... Read More
SP Setia holds fun Raya open house
It was a merry evening where visitors enjoyed multi-cultural performances, scrumptious food and fun activities at the Hari Raya open house hosted by SP Setia Berhad. There were also various workshops and a beautiful fireworks display during the event at Setia Sky Vista in Lebuh Relau, Bayan Lepas. The celebration ... Read More
First Home Convention 4.0 – The BLT Sharing
Tired of renting? Join the upcoming First Home Convention to equip yourself making informed decision when buying your 1st home. VENUE: Level 4, Sri Perak Room, Bayview Hotel Penang DATE/TIME: 21 July 2018, 2PM - 6PM [Sponsored Ad] ... Read More
State mulling rent-to-own scheme for Penangites
Penang CM wants to enable more Penang folk to have a roof over their heads. He feels that fresh graduates may not be able to afford a home as their incomes are not growing in proportion with housing prices. Hence, while the current low-cost and low-medium-cost housing schemes will still ... Read More
We need more than just housing data to address housing issues
The United Nations Human Settlements Programme or UN-Habitat executive director, Maimunah Mohd Sharif’s passion for bringing change to people’s lives certainly shines through. As the first Asian lady to be appointed to the position, Maimunah who grew up in a kampung in Kuala Pilah, Negeri Sembilan, was previously the mayor of Penang Island ... Read More
World Cup FINAL! Live screening @ Southbay, Penang
Catch the live screening of FIFA World Cup FINAL at Southbay Sales Gallery, Penang. Hosted by Mah Sing Group, featuring food trucks & many fun activities! Activities Highlight: Live Band Foosball Attack Tabletop Football Fever Kids Inflatable Food Trucks ... Read More
Official opening of Batu Maung flyover (P10)
Motorists can look forward to breezier travelling along the newly upgraded 1.25km stretch from Batu Maung to Jalan Sultan Azlan Shah in Bayan Lepas, Penang. The RM123mil project includes the construction of a 650m four-lane flyover, upgrading of roads from the section in front of SK Batu Maung to Solok ... Read More
Works on Ayer Itam – LCE Expressway bypass to start Q2 2019
Works on one of the three paired roads — the 5.7km Ayer Itam-Tun Dr Lim Chong Eu Expressway bypass — are expected to startat the beginning of the second quarter next year. Consortium Zenith Construction Sdn Bhd (CZC) senior executive director Datuk Zarul Ahmad Mohd Zulkifli said the groundbreaking ceremony was ... Read More
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