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Foreigners interested in project
PENANG'S property offerings have a far-reaching appeal, as reflected by a group from France who visited the 1Tanjong luxury condominium project in Tanjung Bungah. The French Teochew delegation, numbering around a dozen people, were in town for the 16th International Teochew Convention at the Penang Teochew Association. They decided to ... Read More
Living trends showcased
VISITORS to the first ever Penimex Lifestyle Expo at the Penang International Sports Arena in Relau can check out various local and foreign products. The four-day exposition features fashion, food, living and travelling services at over 110 booths. Organising chairman Sam Yong Sum Chin said that the expo provided an ... Read More
Groups laud move to reduce household debt
KUALA LUMPUR: Banks and related industries backed the move by Bank Negara in pushing for responsible financing to enhance consumer protection and reduce household debt.“Banks will continue to engage closely with their customers by providing advice to ensure debt commitments are within their repayment capacities,” said Association of Banks Malaysia ... Read More
Bill to penalise errant builders tabled
KUALA LUMPUR: A Bill to make it a criminal offence for developers who fail to complete their projects has been tabled in Parliament for first reading. Under Clause 9 of the Housing Development (Control and Licensing) (Amendment) Bill, errant housing developers can be fined up to RM500,000, jailed up to ... Read More
CM: No more land reclamation in Gurney Drive
GEORGE TOWN: The state government will not allow any new land reclamation along Gurney Drive as part of its deal with developers to construct infrastructure projects. Chief Minister Lim Guan Eng said any land swap would only involve the existing land reclamation rights granted to Eastern & Oriental Bhd by ... Read More
Muhyiddin sees no logic for Penang tunnel
KUALA LUMPUR: Deputy Prime Minister Tan Sri Muhyiddin Yassin has questioned the logic behind the proposed third link between Penang island and the mainland, warning it may end up being a waste of funds. “It is up to the Penang Government to decide on this project. But I must caution them against ... Read More
Andaman @ Quayside
Andaman Series, the second phase of Quayside Seafront Resort Condominium by E&O Property Development at Seri Tanjung Pinang, Penang. This exclusive condominium boasts a vast array of modern and green amenities. It hosts a 7-acre landscaped garden, a 1-acre open park, a private 4.5-acre residences-only signature waterpark and 1.4km long ... Read More
Penang rolls out RM8b infra jobs
KUALA LUMPUR (Nov 15): The Penang government has proposed to undertake four road infrastructure projects worth up to a combined RM8 billion to reduce traffic congestion in the state. The move is deemed crucial to manage transportation needs of an expanding population there amid higher tourist arrivals, Chief Minister Lim ... Read More
Penang unveils RM8b traffic mitigation blueprint
KUALA LUMPUR, Nov 14 — The Penang government today announced an ambitious RM8 billion plan to construct four major road and tunnel projects that aim to reduce traffic congestion in the state. Touting it as the state government’s biggest infrastructure exercise to date, Penang Chief Minister Lim Guan Eng said ... Read More
Dijaya, Ivory rise on Penang property tie-up
PETALING JAYA: Dijaya Corp Bhd and Ivory Properties Group Bhd shares were up after the companies announced a tie-up for a mixed-property project with a gross development value of RM10bil in Bayan Mutiara, Penang. Dijaya rose 3.6%, or 5 sen, to RM1.44 while its warrants advanced 6.5%, or 3 sen, ... Read More
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