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Penang Sentral
A new centre of connectivity is fast appearing….where a new hub for integrated transportation, integrating rail, ferry and bus services, will soon rise in the north. Serving as the centre of transportation for Penang and the northern corridor, the hub also integrates retail, commercial and residential development within the planned ... Read More
Ideal Property to soft-launch Queens Residences
Penang-based developer Ideal Property Group plans to launch RM2.723 billion worth of condominium projects, with more than 3,600 units in total, on the island this year. Having launched the RM378 million SummerSkye Residences in Bayan Lepas, it is now looking to unveil its biggest project in terms of value in ... Read More
The Light Waterfront Phase 2 coming soon in 2016
Property developer IJM Land Bhd will start construction of the second phase of The Light Waterfront, a RM3bil joint-venture project, along the Tun Dr Lim Chong Eu Expressway by year-end. Senior general manager Datuk Toh Chin Leong told StarBiz that the master plan for the second phase had been submitted ... Read More
Penang Property Investment Talk @ Jen Hotel (18 June)
PENANG PROPERTY ESSENTIALS 4-IN-1 Fast track to Know-How and Stay Ahead of Others – At ANYTIME!! Mark your calendar on 18th June (Saturday) in Hotel Jen, Georgetown Penang! Join the PENANG PROPERTY ESSENTIALS 4-IN-1 to decide your next move and direction. The event will be held on 18 June 2016 ... Read More
Penang’s lively market
While the property market in Malaysia may be subdued, Penang is still generating interests among buyers and potential investors. Raine & Horne Malaysia senior partner Michael Geh says: “Although sentiment is generally cautious, both interest and transactions within the Penang property market is ‘still active’.” “In the primary market, there ... Read More
First batch of affordable state housing ready soon
The first 520 of the 22,512 affordable housing units planned by the present Penang state government are nearing completion. State Local Government Committee chairman Chow Kon Yeow said the units were being built under the 6.4ha first phase of a Penang Development Corporation (PDC) project in Bandar Cassia. The development, ... Read More
Does Penang Need Another Bridge Now?
* By Bernama * Despite already having two bridges connecting Penang Island and Seberang Perai, the DAP-led state government is pushing for a third bridge, and now waiting for the federal government's approval to build it. The state government's initial proposal was to build an undersea tunnel linking Gurney Drive ... Read More
Cable car system for Penang gets the axe
The proposed cable car system for Penang, which is part of the ambitious RM27bil Penang Transport Master Plan (PTMP), has been rejected by the Federal Government. Transport Minister Datuk Seri Liow Tiong Lai said the state government has been informed of the decision. He said the decision was made as ... Read More
AFFORDABLE: Seberang Jaya / Excel Focus Properties
An upcoming affordable housing development in Penang mainland by Excel Focus Properties Sdn. Bhd. Strategically located within the established township of Seberang Jaya, only about 500 meters away from Butterworth-Kulim Expressway. Neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya. The proposed development will offers 2 blocks ... Read More
Road widening project at Jalan Masjid Negeri is on
The Penang Island City Council (MBPP) is going ahead with the road widening project in Jalan Masjid Negeri, requiring 16 trees to be transplanted elsewhere by end of next month. Its traffic engineer Zainuddin Mohamad Shariff said the contractor assigned to transplant the trees had been asked to file the ... Read More
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