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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
Residensi Teluk Bahang
Residensi Teluk Bahang, a residential development located near to the upcoming Eco Theme Park within the popular travel destination of Teluk Bahang, Penang. It comprises 12 semi-detached and 4 bungalow houses. Location : Teluk Bahang, Penang Property Type : 2-storey Semi-detached & bungalow houses Built-up Area: 2,288 sq.ft. onwards Land Area: 1,981 sq.ft ... Read More
Penang World City project subject to EIA
GEORGE TOWN (Nov 13, 2011): The recently unveiled 'Penang World City' planned on reclaimed land south of the Penang Bridge with an estimated gross development value of RM10 billion is subject to Environmental Impact Assessment (EIA). In asserting this, Chief Minister Lim Guan Eng also clarified that the beach along ... Read More
Penang World City
Penang World City, a mixed residential and commercial property project by Tropicana Ivory Sdn Bhd on a 102.56 acre site in Bayan Mutiara, Penang. Comprises a mix of residential units, shopping mall, office suites, office tower, hotel, retail spaces and open mall with boulevard. The development will be completed in eight years ... Read More
Penang sets aside allocation to build “cheap and good” homes in Batu Kawan
THE Penang Government is allocating RM500mil, generated from the sale of a 41.5ha prime site along the Tun Dr Lim Chong Eu Expressway on the island, to set up an Affordable Quality Homes Fund. Chief Minister Lim Guan Eng said the allocation was consistent with the state government's commitment towards ... Read More
Dijaya, Ivory team up
Dijaya Corp Bhd and Ivory Properties Group Bhd will jointly develop a land in Penang that could generate RM10 billion in gross development value. The project in Bayan Mutiara, Penang, will be undertaken by a joint-venture company called Tropicana Ivory Sdn Bhd (TISB). Dijaya will hold 49 per cent of ... Read More
Dijaya, Ivory Properties sign RM10b Penang JV
KUALA LUMPUR (Nov 11): Dijaya Corporation Bhd and Ivory Properties Group Bhd have signed a joint venture (JV) agreement to develop mixed residential and commercial properties in Penang with a gross development value (GDV) of RM10 billion. In a joint statement on Friday, the two companies said the development will ... Read More
Build more LMC units on island
GEORGE TOWN: The state government should consider building low medium-cost (LMC) units on the island instead of pushing such projects to the mainland. State Gerakan Housing bureau chairman Quah Kooi Heong said that to date, Chief Minister Lim Guan Eng had only announced one notable LMC project, which is the ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams