Property News
Proposed Penang LRT routes and stations
REHDA Penang (Real Estate and Housing Developers' Association) members led by Chairman, Datuk Jerry Chan were in Komtar for a Transport Master Plan (TMP) briefing on 26 Feb . Chan congratulates the Penang state for coming up with a workable plan. He said, "It is a good plan. There is ... Read More
Prioritise high-density areas for LRT
The proposed Penang LRT should go through more high-density areas, said Real Estate & Housing Developers Association Malaysia (Rehda) Penang branch deputy chairman Datuk Toh Chin Leong. He said this was to ensure that the mega project would not run at a loss. “Priority should be given to areas like ... Read More
KDU Penang University College @ Batu Kawan
A total of RM220mil will be spent on the new KDU Penang University College campus in Batu Kawan. Paramount Corporation Bhd Group chairman and executive director Datuk Teo Chiang Quan (pic) said the first phase on a 4ha site would be completed in 2018. “There would be another phase of ... Read More
Gurney Wharf project stirring up waves of interest
The Gurney Wharf project has drawn a mixed reaction from the public. While some have given the thumbs up to the mammoth project, others remain cautious on the impact it would cause to the environment. Avid jogger and lawyer David Hoon said the project would definitely be a boon for joggers ... Read More
Second tower of The Tamarind 80% sold
The second tower of The Tamarind executive apartments in Penang by Eastern & Oriental Bhd (E & O) is 80% sold since its launch in late-2015, the group said in a press statement. The Tamarind comprises two towers, which sit on a seven-acre plot of freehold land -- with 552 ... Read More
Penang Set to Rise Above Challenging Property Market
Penang continues to lure investors to her shores From her early day as a straits settlement Penang’s idyllic charm has drawn the interest of locals and foreigners. Penang’s successful embracing of development while retaining her heritage and traditions through the careful preservation of people’s way of life, pre-war architecture and ... Read More
Gurney Drive foreshore and STP 2 reclamation to cost RM1bil
The reclamation cost for the Gurney Drive foreshore, which includes the 24.28ha Gurney Wharf “Park on the Sea’ project and Phase 2A of the Seri Tanjung Pinang Phase 2, is expected to cost RM1.07bil. The reclamation cost would be borne by Eastern & Oriental Bhd (E&O) while the state government ... Read More
First phase of Gurney Wharf to be completed by mid-2018
E&O begins Phase 1 reclamation for Gurney Drive project next month Eastern and Oriental Bhd (E&O) expects to complete Phase 1 of the Gurney Drive reclamation and landscaping project called Gurney Wharf by mid-2018. Measuring 60 acres, the cost of the project, which is several hundred millions of ringgit, will ... Read More
Gurney Wharf – The New Seafront Public Park
Plans for new Gurney Wharf public space unveiled Penangites were today given a preview of the new seafront public park planned for the Gurney Drive foreshore. Spanning close to 60 acres, this water-fronting public recreation area called Gurney Wharf is a Penang State Government initiative. Gurney Wharf will be created ... Read More
The Butterworth Action Plan
Building a better Butterworth Four more areas in Butterworth will be restored under the New Butterworth Image Plan following the extension of the partnership between the Seberang Prai Municipal Council (MPSP) and Think City. A Memorandum of Under-standing (MoU) was signed between both parties for a five-year partnership from this ... Read More
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OTHER DEVELOPMENTS
- 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
