An increasing population in Penang coupled withlong-term property demand will be supported by major projects driven by public-private partnerships (PPPs), according to Affin Hwang Capital Research. Among the PPP projects, the largest being the RM27bil Penang Transport Master Plan (PTMP), could be awarded by September. Singapore’s Temasek Holdings also has ... Read More

Affin Hwang Capital Research has Gamuda, IJM Corp and Eastern and Oriental (E&O) as its top Buys for infrastructure and property exposure to Penang. It said on Monday Penang was forging ahead with development through public-private partnership (PPP) projects. The RM27bil Penang Transport Master Plan (PTMP) is the largest PPP ... Read More

Ewein Bhd's unit Ewein Zenith Sdn Bhd has received a letter from the Ministry of Domestic Trade, Co-Operatives and Consumerism conferring the unit as the Champion of Entry Point Project 10 (EPP 10)-Wellness Resorts, under the Economic Transformation Programme (ETP). In a filing to Bursa Malaysia, the company said the ... Read More

Affordable housing in Penang is within reach as 3,396 eligible applicants were offered in the last six months, says state Housing Development Committee chairman, Jagdeep Singh Deo. In stressing this, he said the allegation by a daily newspaper yesterday titled "Cheaper homes out of reach", was not only mischievous but ... Read More

by Charles Tan I was back in Penang just last weekend for a Toastmasters function. I arrived around 12 noon and after the second bridge, there was a slight jam in the Bayan Baru area. It must be the half-day working day on Saturday. My function was in town and ... Read More

While the recent implementation of the Goods and Services Tax (GST) has made people more cautious about their spending, they are still willing to take the plunge if the right property is available. This was a common sentiment expressed by exhibitors and visitors at the ongoing Star Property Fair 2015 ... Read More

The grandest showcase of stylish living — Star Property Fair 2015 — opens at G Hotel and Gurney Plaza in Penang today, offering home hunters and investors varied options both locally and abroad. The event runs until Sunday and opens from 10am to 10pm daily. Visitors can expect to find ... Read More

Commitment from the Group Managing Director Dato’ Yeoh, the Group Managing Director of VST Group once said,”Our customer is our boss’ BOSS!” This statement generally resonates well with many people however when these words are uttered by the captain itself, steering the iconic ship through an ocean of vast opportunities then ... Read More

The Tamarind, the executive apartment by E&O has once again ranked the most popular project of the month in June 2015. With the opening of second tower for registration, it is expected to spur short-run demand for this apartment in Tanjung Tokong. The Tamarind Ramah Pavilion i-Santorini @ Tanjung Pinang ... Read More

Sandiland Foreshore, the state government's affordable homes project in George Town, has taken off with developer Tanjung Villa Development Sdn Bhd awarded the contract to build it. Chief Minister Lim Guan Eng said the project on 1.7ha of land in Jalan C.Y. Choy would feature medium- and low-medium cost housing ... Read More