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Search results for ‘ideal’

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Reclaiming two islands to cost RM8b

Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.1ha) and 2,100 acres to be about RM7 billion to RM8 billion. Its project manager Szeto Wai Loong said the reclamation, ... Read More
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Reclaimed land to fund project in Penang

The RM27bil Penang Transport Master Plan (PTMP) might be funded through the auction of two plots of reclaimed land in the southern coast of Penang island. SRS Consortium, the appointed Project Delivery Partner (PDP) of the plan, has proposed the reclaimed land as an asset for the state to raise ... Read More
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More than 607ha of sea land off Permatang Damar Laut, Penang, identified for reclamation

More than 1,500 acres (607ha) of sea land off Permatang Damar Laut near Bayan Lepas have been identified for the proposed reclamation that forms part of the land-swap deal with SRS Consortium, the project delivery partner (PDP), for the RM27 billion Penang Transport Master Plan (TMP). This confirmed rumours circulating ... Read More
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First Time Home Buyers 101

Buying your first home is never an easy decision. Not only it is most people’s biggest financial commitment, it can also be time-consuming and frustrating. One of the most common question asked by first time home buyer is when will be the best time to buy a property in Penang ... Read More
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Property sales hit RM79m as fair enters third day

Some developers at the Star Property Fair 2015 were able to register RM79.2mil in sales despite the current economic challenges. Eco World Development Group Bhd (RM14mil), Asia Green Group (RM5.4mil), Tambun Indah Land Bhd (RM6.8mil), Ideal Property Group (RM10mil), Numestro City Sdn Bhd (RM3mil), and the developers represented by Zeon ... Read More
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The Star Property Fair (1 – 4 Oct 2015)

Choice projects under one roof The Star Property Fair is back for the third time this year, and with over 30 exhibitors showcasing choice properties, it will be the biggest held at Queensbay Mall, Penang. Starting today and running until Sunday, it is spread across the mall’s North, South and ... Read More
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LRT project to start in 2017 pending Government approval

The first phase of the Penang Transport Master Plan (PTMP), involving the construction of the LRT project,” is scheduled to take off in the first half of 2017. State local government, traffic management, and flood mitigation committee chairman Chow Kon Yeow said the design and the alignment of the LRT ... Read More
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The Star Property Fair 2015 (Oct 1 – 4)

Time to discover your dream home The Star Property Fair 2015 will return to Penang’s Queensbay Mall from Oct 1 to 4, once again bringing together leading developers and agencies. Home-hunters and investors can look forward to exploring choice offerings both in Malaysia and abroad. The vast array of products ... Read More
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The Clovers – Affordable & Luxury

Rare and precious like the four-leaf clover revered as a symbol of good luck by many cultures around the world, its iconic architecture and layout is designed to bring residents all the privileges of wholesome living. Located in Sungai Ara, The Clovers auspiciously signifies living in a sanctuary blessed with ... Read More
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Trams making comeback under RM27bil Penang plan

The possibility of trams plying the streets here again is nearing reality as a consortium has won the bid to carry out the RM27bil Penang Transport Master Plan. Trams, which were a feature in pre-Independence Penang, are among proposals under the PTMP, which includes light rail transit (LRT) lines and ... Read More