GEORGE TOWN: Tropicana Ivory Sdn Bhd's (TISB) RM10bil Penang World City (PWC) project in Bayan Mutiara will have affordably priced high-rise units and a world culture' component, featuring different cultural residential enclaves. TISB is a joint-venture company in which Dijaya Corporation Bhd holds a 55% stake, while Ivory Properties Group Bhd the remaining 45%. Ivory group ... Read More

The Turf, a freehold development proposed by Chong Company facing Penang Turf Club. The initial proposal comprises single 34-storey tower residential block with a total of 160 condominium units, built-up area ranging from 1,300 sq.ft. onwards for a typical unit. However, this plan will be replaced with a new plan ... Read More

THE cost of buying a pre-World War II shophouse in George Town, Penang, has reached RM2,000 per square foot — equivalent to the price of the poshest Kuala Lumpur City Centre (KLCC) condominium units. An entrepreneur, who declined to be identified, has just paid RM4mil for a 2,000sq ft shophouse ... Read More

Grace Residence, a 44-storey skyscraper, comprises 378 condominium units with size ranging from 1,017 sq.ft. to 1,646 sq.ft.. This is a green residential development located along the new link connecting Jalan Tan Sri Teh Ewe Lim to Jelutong Expressway. Property Project : Grace Residence Location : Jelutong, Penang Property Type : Condominium Built-up Area: 1,017 sq.ft ... Read More

With  the hum and buzz of Free Industrial Zone factories on one side and sights of the Penang Channel on the other, driving on the southern end of the Tun Dr Lim Chong Eu Expressway on Penang Island has always been scenic. But over the last year, more interesting things ... Read More

The state government should revive a proposal originally mooted by the former state administrative to construct a road-cum-bridge connecting the Penang Science Park in Batu Kawan and Juru Heights in Juru. Barisan Nasional’s Bukit Tambun constituency co-ordinator Lai Chew Hock said the estimated 3km-long link was supposed to include a ... Read More

GEORGE TOWN (Mar 15): Contractors who are interested in undertaking heritage building conservation work are invited to participate in a Heritage Building Conservation Workshop organised by George Town World Heritage Incorporated (GTWHI) on April 21-22. GTWHI Education Programme Coordinator Rozaini Hassan said the two-day workshop would be held at the ... Read More

Residents  in Batu Kawan, South Seberang Prai, are eagerly awaiting the completion of the RM4.5bil Second Penang Bridge, which will connect their hometown to Batu Maung on the island. The oil palm estate, which is fast shedding its kampung image, is set to become an industrialised township, with the bridge ... Read More

GEORGE TOWN: Car toll for the Second Penang Bridge has been set at RM7, said Jambatan Kedua Sdn Bhd managing director Datuk Dr Ismail Mohamed Taib. “Tolls will match those of the first Penang Bridge. We want it to be lower, but if we are lower, the first bridge management will complain ... Read More

PETALING JAYA: Policymakers at Bank Negara followed the lead of their regional peers by holding the key policy rate steady, as growth momentum moderated amid a slowdown in trade activity while upside risks to inflation remained. The central bank, which maintained the overnight policy rate (OPR) at 3%, said in ... Read More