Top 5 most read property news in 2017
Now that you have known the most popular projects in 2017, I believed you would be interested to know what are the most read news that atttracted Penangites throughout the year of 2017.
The most exciting news in 2017 is the work on the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul. This article was read more than 21,100 times since it was published in January 2017. The next in line was none other than the article confirming IKEA Penang is opening in 2019 with a job opportunity for Penang Store Manager surfaced in early 2017.
Read more about the top 5 articles below:
#5 – More RM150,000 homes to be built in Penang
More lower-priced affordable homes await first-time buyers on Penang Island as more developers are willing to build RM150,000 apartments on the island, ever since the state government’s lowering of maximum prices in one category last year. State executive councillor in charge of housing Jagdeep Singh Deo said in August that the state government has so far approved three projects in the RM150,000 category for 750 sq ft (minus finishing) homes.
#4 – RM17 billion approved for Bayan Lepas LRT and Pan Island Link 1
Penang government announced in June that a sum of RM17 billion from an estimated total cost of RM46 billion for the Penang Transport Master Plan (PTMP) project has been approved. State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the RM17 billion cost included the Bayan Lepas Light Rail Transit (LRT) from Komtar and the Pan Island Link 1.
#3 – How much do you think land costs in Penang?
Land is the most important asset to a property developer as it enables the developer to sustain and grow its business. We have solicited some actual data from reliable sources (mostly from NAPIC) for land transacted in 2016/2017. Hopefully this will shed some lights for those who has been very curious on land prices in Penang. For those who own a land or any landed property in those areas, you can do a quick math to figure out how much your property is worth now.
#2 – IKEA Penang is really coming!
IKEA Penang being the forth IKEA store in Malaysia and the second one outside of Klang Valley after Johor Bahru. Prior to this announcement, many are still in doubt of whether the plan will really kick-off. With a job opening for Penang Store Manager surfaced in early 2017, this has further confirmed the opening of IKEA in 2019.
#1 – New route through the hills
Work on the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul in Penang is progressing on schedule. The construction of 6km-long paired road via Jalan Bukit Kukus has began on Jan 15, 2016 and is slated to be completed on Jan 14, 2019. It comprises a dual carriageway with a bicycle lane, walkway and LED street lights along the whole stretch.