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 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

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

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

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

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

Is Komtar OWG’s next catalyst? Only World Group Holdings Bhd (OWG) which operates food outlets, water amusement parks, retail service outlets and other family attractions could bring in an average of RM17.5mil in sales per annum once its completes the refurbishment of the Komtar tower in Penang this year. That estimate ... Read More

Thousands of commuters are expected to benefit when the Urban Transformation Centre (UTC) is incorporated into the new Penang Sentral Transport Hub Terminal next year. Northern Corridor Economic Region special adviser to the Prime Minister, Datuk Zainal Abidin Osman said the plan to set up the UTC at the terminal ... Read More

PPB Group Bhd will submit plans before mid-2016 to redevelop the New World Park, a landmark heritage site in Penang, into a mixed development project. PPB (property division) chief operating officer Chew Hwei Yeow said the group was still talking to the authorities to understand what was allowed and not ... Read More

AS the Fire Monkey swings in to take its place, many have predicted this year as a challenging one. So, what’s in store for everyone in this particular year? Many came to me for advice on how to deal with this challenging period. Frankly speaking, I am not a feng ... Read More