MALAYSIAN Resources Corp Bhd (MRCB) says the Penang Sentral project in Butterworth, estimated to be worth over RM3 billion, will begin in 2013 after more than four years of delay. Penang Sentral, an integrated mixed commercial development was expected to start in 2008 but works got delayed due to land ... Read More

THE Penang Municipal Council (MPPP) has approved 14 projects under the 87 units per 0.404ha guideline since it came into effect in June, 2010. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said stringent measures had however been imposed on developers to build the increased density units ... Read More

The Final Property Expo in Penang for 2012 held in conjunction with MEGA Home 2013 at PISA - last chance to catch the best buys in properties for 2012 in Penang ... Read More

MANY Penang Global City Centres (PGCC) may come up on Penang island following the raising of density for high-rise buildings, said a former Penang municipal councilor. Teh Leong Meng, who is a Gerakan leader, said this would result in traffic congestion and transportation woes. He said the Penang Municipal Council (MPPP) ... Read More

AT first thought, it might appear prudent to pay off a property loan as quickly and as soon as possible. However, is this really the wisest and smartest financial decision? Consider using cheaper home loans to grow your net worth. - LEE MUN WAI writes... Home loans usually have lower ... Read More

ALOR SETAR: Housing developers who advertise their projects in newspapers without permits from the National Housing Department (NHD) risk facing legal action. Housing and Local Government Minister Datuk Seri Chor Chee Heungsaid he recently discovered that private developers were advertising their housing projects without the necessary permits. “There are developers who ... Read More

GEORGE TOWN: Debenhams, one of Britain's oldest retailers, is opening its third store in Malaysia amid the region's fast-growing economy. To be located at Gurney Paragon, Penang, the store will be Debenhams' first outlet outside Kuala Lumpur and also its first flagship store for the northern region. Debenhams Malaysia master franchisee ... Read More

GEORGE TOWN: The Penang Forum has called on the state government to ‘freeze’ the guidelines allowing for 87 housing units per acre (0.4ha) pending public consultation and proper planning. Its steering committee spokesman said the increased density in residential areas could only be allowed if there was a good public ... Read More

THE Penang government has started reviewing the Penang Structure Plan 2020 after it reached its five-year term since being gazetted on June 28, 2007. State Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai said it was a statutory requirement under the Town and Country Planning Act ... Read More

GEORGE TOWN: The state government has clarified an online posting by blogger Anil Netto that the Penang Municipal Council (MPPP) has frozen high-rise density development. Instead, State Local Government and Traffic Management Committee chairman Chow Kon Yeow said the guidelines for developers who want to build 87 units of houses ... Read More