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Making George Town pedestrian-friendly, one back lane at a time
The unkempt and inaccessible back lanes of George Town will soon be upgraded, beautified and opened up for easy access to pedestrians and cyclists. Starting with three small lanes first, the Penang Island City Council (MBPP), together with Think City, plans to renovate these, upgrade the drainage systems and widen ... Read More
EcoWorld sees property market improving in 2017
Premier lifestyle developer Eco World Development Group Bhd (EcoWorld) is optimistic about the overall property market this year, which it expects to improve, partly anchored by factors that include low interest environment and positive buying sentiment. "I acknowledge that the property market is still challenging. But this year is going ... Read More
Imperial Grande
Imperial Grande, a mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices located below ... Read More
Another six months to get approval for Penang Transport Master Plan
The Penang government has extended by six months the validity period of the award letter for SRS Consortium, the project delivery partner (PDP), of the Penang Transport Master Plan (PTMP) project. The award letter was to expire by the end of this month but will now be valid until June ... Read More
Penang developers can now use corporate guarantees
Developers in the state can now choose to settle 60% of contribution charges using corporate guarantees. Real Estate & Housing Developers Association (Rehda, Penang) chairman Datuk Toh Chin Leong said previously 60% of the contribution in the form of development and infrastructure charges had to be settled using bank guarantees, ... Read More
PR1MA launches special end-financing scheme
More than 60% of potential 1Malaysia Housing Programme or PR1MA homebuyers had to give up their booked units due to problems with end-financing. Hence, Perbadanan PR1MA Malaysia has come up with a special end-financing scheme to help increase PR1MA homebuyers’ chances of getting home loans. The new scheme called the ... Read More
Penang to absorb RM55.2m in assessment rates, GST
The Penang state government said today it will absorb RM55.19 million in assessment rates for all property owners and Goods and Services Tax (GST) for all its services in the state this year. While launching an awareness drive on the assessment rate exemption at Penang Island City Council (MBPP), Penang ... Read More
UPCOMING: Raja Uda / Tatt Boot Development
A proposed mixed development by Tatt Boot Development Sdn. Bhd. at Butterworth, Penang. Strategically located along the ever bustling Jalan Raja Uda, right next to Tow Boo Kong Temple. This development will see the construction of low-rise 6-storey building, offering a mix of residential and commercial units: Condominium (109 units) ... Read More
Orange Hartamas
Orange Hartamas, a mixed development by Tahwah Group in Kubang Semang. It is only about 10 minutes drive away from Bukit Mertajam, 15 minutes drive to Kulim Hi-Tech Park. Several public schools are well within reach, namely SJKC Kubang Semang, Sri Penanti Primary School, SMK Penanti and SMK Mengkuang. This development ... Read More
EcoWorld’s Chap Goh Meh Celebration
Our Chinese New Year is coming to an end this Saturday and let’s make a good finale to the festive with a great Chap Goh Meh celebration on the 15th day of Chinese New Year at both Eco Terraces and Eco Meadows with lots of excitement like complimentary F&B Stalls, ... Read More
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