The Transport Ministry has approved Penang's Bayan Lepas light rail transit (LRT) project, says Anthony Loke. In a statement Tuesday (July 17) the Transport Minister said approval was given after detailed study of the Penang Economic Planning Unit's (BPEN) application to develop the Bayan Lepas LRT project. However, the state ... Read More

By Dr. Paul Selva Raj The Ministry of Housing and Local Government has announced that backlisted National Higher Education Fund Corporation (PTPTN) borrowers who are listed on the Central Credit Reference Information System (CCRIS) will not be blacklisted if they apply to buy a home. Is this measure good for ... Read More

Work on the next phase of the Penang South Reclamation (PSR) project has started following approval from the Department of Environment (DoE) early this month. Chief Minister Chow Kon Yeow (pic), however, did not elaborate on the works being carried out by project delivery partner SRS Consortium. “The agreement was ... Read More

Eco World Development Group Bhd (EcoWorld) has started to hand over the completed units at its Eco Terraces condominium project on Penang Island. Sitting on a 12.79-acre freehold site, Eco Terraces is a condominium that houses 333 units within a 33-storey building at Jalan Paya Terubong, Paya Terubong. Residents get ... Read More

Ideal United Bintang International Berhad (IUBIB) had on July 9, 2019 submitted to Bursa Malaysia, announcing the acquisition by IUBIB of the 100% equity interest in Ideal Greencity Sdn. Bhd. (‘Ideal Greencity”). The 100% equity interest which comprises a total of 1,000,000 ordinary shares of RM1.00 each, was purchased for ... Read More

A proposed luxury development by PPH Resorts Sdn. Bhd. in Sungai Ara, Penang. Situated on the hill next to Setia Pearl Island, with panoramic views over Penang International Airport and second bridge. It is only 3km away from the airport, less than 15 minutes drive to the bridge. This development comprises 68 ... Read More

First-time homebuyers burdened with student loans will now be able to buy their own home as they will no longer be blacklisted from buying a house under the Central Credit Reference Information System (CCRIS). “This is only for the purpose of buying homes. They cannot buy cars or anything else,” ... Read More

Penang International Exchange, a proposed commercial development by Ideal Property Group in Bayan Baru. Strategically located next to the intersection of Jalan Tengah and Jalan Mayang Pasir, near Pantai Hospital. This master planned development sits on a 16 acres land, comprises the land currently occupied by Giant Hypermarket and the adjacent vacant land. It is ... Read More

Penang island, which resembles a turtle, will have a turtle-shaped art gallery by the end of 2021. The unique project, called the Lin Xiang Xiong Art Gallery, is the outcome of a collaboration between renowned Singaporean artist Prof Lin Xiang Xiong and IJM Corporation Berhad. Chief Minister Chow Kon Yeow ... Read More

Ideal Property Group shows its persistence in delivering quality housing projects with two project completion within the first half of year 2019. A number of 835 first time home buyers are now celebrating in great joy for Ideal Property Group has completed their dream homes at the first phase of ... Read More