Private developer Eco World Development Group Bhd has called off a proposed merger with government-linked property developer UEM Sunrise Bhd. The merger, if realised, would have resulted in one of Malaysia’s largest real estate companies by market value. In a statement, EcoWorld chairman Liew Kee Sin said the decision was ... Read More

Penang Development Corporation (PDC) is looking to further accelerate the maturing township of Bandar Cassia in Batu Kawan into a medical and digital technology hub after exchanging a Memorandum of Understanding (MoU) with iHeal Health Sdn Bhd. The MoU exchange ceremony marked the collaboration between the Penang government and iHeal ... Read More

Penang Chief Minister Chow Kon Yeow today called for cooperation from all Penangites to ensure the successful implementation of the two week-long Movement Control Order (MCO) beginning Wednesday. "We have to accept the decision made (to implement the MCO). "This is a necessary move due to the escalating Covid-19 cases, ... Read More

A newly proposed affordable housing development by Focal Products Sdn. Bhd. at Farlim, Penang. Located at the intersection of Jalan Teochew Satu and Jalan Thean Teik, next to Hui Aun Apartment. It is only 1km away from Sunshine Farlim. The proposed development consists of two 39-storey residential blocks, offering a total of 646 affordable units with 11 ... Read More

The Penang government has called for a request for proposal for a privately-funded cable car service up Penang Hill after the federal government canceled its RM100 million allocation for the project. Chief Minister Chow Kon Yeow said the cable car project will proceed through collaboration with the private sector. “We ... Read More

Work will finally begin next month on a RM851 million elevated bypass road, one of three projects that are part of the controversial RM6.3 billion Penang undersea tunnel project. A groundbreaking for the bypass was held in October 2019 but there had been little sign of the project taking off, ... Read More

About Woodsland Park A freehold affordable housing development by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. It is strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. Amenities such as schools, markets, banks, shopping malls, and eateries are only ... Read More

The Gurney Wharf project in Penang, estimated to be completed by the end of 2023 and with various components on it, will cost the state about RM176mil. Chief Minister Chow Kon Yeow said among the features to be expected along the 1.75km-long reclaimed coastline are parks, a hawker centre, a ... Read More

The Penang government and Consortium Zenith Construction Sdn Bhd (CZC) are scheduled to ink a sub-agreement in relation to the construction of a bypass from Bandar Baru Air Itam (Farlim) connecting to Lebuhraya Tun Dr Lim Chong Eu (Package Two) on Jan 15. Chief Minister Chow Kon Yeow said the ... Read More

Penang undersea tunnel project has been given new life with a Kedah-based developer clinching a deal to take over the project through the purchase of majority shares in the company awarded the project. The state government has given its blessings to the Kedah company, led by a Penang businessman with ... Read More