* Article by FREEMEN * It's the year 2014 and the year of the horse. If you are like most of us, we were greeted with mostly bad news at the start of the year. Daily necessities are costing us more - groceries, toll hike, hawker food, and all types ... Read More

THE expected opening of the Second Penang Bridge in the first quarter of this year is creating a buzz in the property sector, with the potential entry of new players and growing interest in areas close to Batu Kawan and Batu Maung, which are the landing points for the bridge on ... Read More

WORK has started on the third and final phase of the Tun Dr Lim Chong Eu Expressway which has been delayed for about four years. Penang Works, Utilities and Transportation Committee chairman Lim Hock Seng said work began in November last year and was expected to be completed in October ... Read More

Property developer and builder TSR Capital Bhd, together with Lembaga Tabung Angkatan Tentera (LTAT) and bumiputera-owned Pembinaan Bukit Timah Sdn Bhd (PBT), will redevelop the existing 1,007-acre (407.52ha) air force base in Butterworth, Penang into an integrated mixed-use project with a potential gross development value (GDV) of more than RM10 ... Read More

Sunway Bhd plans to develop a RM450mil high-rise residential property project and a RM1.05bil shopping mall over the next two years on 9.82ha in Paya Terubong which it acquired recently. Group senior general manager Tan Hun Beng told StarBiz that the residential project would likely begin next year, while the ... Read More

United Bintang Bhd (UBB), an importer and exporter of used and reconditioned heavy machinery, will pursue property development plans in Penang under the direction of its new majority shareholder, Datuk Alex Ooi. Ooi, who now owns 32% of UBB, is the executive chairman of UBB and chief executive officer of ... Read More

Consortium Zenith BUCG Sdn Bhd expects to complete feasibility studies for the controversial RM6.3 billion Penang undersea tunnel infrastructure project and major roads in April this year, said its chairman Datuk Zarul Ahmad Zulkifli. Consortium Zenith is a joint-venture between Zenith Construction Sdn Bhd and China Railway Construction Co Ltd, ... Read More

Taman Kota Kenari is a comprehensive development adjacent to the fast expanding Kulim Township and create tremendous commercial potential for the region. Complementary light/service industry and housing development makes Kota Kenari Kulim and ideal investment options. Highlights: Surrounded by MNCs with more than 60,000 employees - Intel, First Solar, Panasonic, ... Read More

Penang’s property prices have risen by quite a bit since the mid-2000s although the appreciation in prices has been limited to several popular locations on Penang island, particularly George Town. However, since the second bridge project was announced in 2007, vacant land prices on both ends of the bridge, which ... Read More

Those owning many cars may not be eligible to apply for low-cost and low medium-cost housing if Penang enforces such a ruling. The state is mulling the idea of placing this restriction on those applying for such dwellings as those who can afford to own many vehicles should not be ... Read More