Eco World Development Group Bhd is acquiring 299.64 acres of leasehold land in Batu Kawan, Penang, for RM730.93mil to build residential and commercial properties. In a filing with Bursa Malaysia yesterday, Eco World confirmed that it had received a letter of award from the Penang Development Corp (PDC) about its ... Read More

A light rail transit (LRT) project has yet to be approved in Penang as the state government is still evaluating the six packages submitted by bidders for the Penang Master Transport Plan, a state executive councillor said today. Local government and traffic management committee chairman Chow Kon Yeow refuted local ... Read More

Penang is set to get its maiden LRT project – a 17.5km elevated stretch linking Komtar with the Penang International Airport. With construction slated to begin next year, the RM4.5bil project is part of a package of solutions for an island that has long been choking on its traffic. The ... Read More

Penang Sky Cab is the proposed Penang Cable Car which links Penang Sentral at Butterworth to Gat Leboh Nordin on the island. The 3-KM proposed cable car project is a collaboration between Penang Sentral and the Penang State Government. Chief Minister Lim Guan Eng revealed the project to members of ... Read More

Property hunters are in for a bargain with hard-to-resist deals by Aspen Group in the upcoming Home & Property Investment Fair by iProperty.com at the Kuala Lumpur Convention Centre (KLCC). During the fair from Friday to April 19, the Penang-based property development and real estate investment group will showcase its ... Read More

What should you do if you discover some defects in your new house? Complaint One: When the house was handed to us, we found some cracks etc. We made a report listing all the defects. When we checked again after a few months, not all the defects were rectified. What ... Read More

Penang Island City Council (MBPP) will hold discussions with the developer of a high-rise project in Tanjung Bungah to reduce the number of levels of the building. Mayor Datuk Patahiyah Ismail said even though the MBPP had already approved the housing project, it would still hold talks with the developer’s ... Read More

If  you are interested in affordable housing projects, officers from the state housing department together with PDC will be in two different locations, namely Tesco (e-Gate) and PDC Sales Gallery (Batu Kawan), for the ‘Mission: Home-Possible’ road-show, to showcase affordable housing projects as well as assisting potential buyer to submit their ... Read More

A newly upgraded stretch of Jalan Masjid Negeri here has reduced traffic congestion during rush hour by some 15% according to the Penang Island City Council Engineering Department deputy director A. Rajendran. He said the 600m stretch had been widened between 12m and 16m under a RM7.29 million project which ... Read More

The first property project on land alienated in relation to Penang’s massive highway and traffic mitigation venture will have a gross development value of RM800mil. Ewein Bhd and Consortium Zenith BUCG Sdn Bhd will undertake the mixed development project on 3.67 acres in Bandar Tanjong Pinang. In a filing with ... Read More