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Penang to declassify reclamation agreements on Wednesday
The state has no problems making public the concessionaire and land reclamation agreements, said Chief Minister Lim Guan Eng. “A state executive council meeting will be held on Wednesday to declassify the agreements which were made by the previous state government. “The reclaimed land will be used to fund the ... Read More
Penang Transport Master Plan welcomed, with caveats
Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project. They were, however, also concerned about the impact it could have on the homes and the environment. The bulk of the questions raised were about the proposed master plan, ... Read More
Challenging times in Johor and Penang
The slowdown in the current property sector has seen transactions, be it primary or secondary, winding down within the Klang Valley this year. Unfortunately, the situation in other prime markets, such as Johor and Penang, has been less than stellar this year – with industry specialists predicting it could take ... Read More
Hua Yang To Acquire G Land Development from GSD
Property developer Hua Yang Bhd is proposing a mixed development with an estimated gross development value (GDV) of RM311 million in Seberang Prai, Penang, which will comprise 480 units of serviced apartments, 148 units of condominium, and 16 units of two-storey shops (previously known as The Presidence along Jalan Baru) ... Read More
Affordable housing open to all in Penang
The Penang government has relaxed the ownership eligibility for affordable housing in the state. State Housing Committee chairman Jagdeep Singh said 30% of the units in an all-affordable housing project can be purchased on the open market without government vetting. He however said these units were priced 10% higher while ... Read More
Low-income residents want LRT and PIL
Residents who are fed up with traffic congestion on the island want the proposed Bayan Lepas Light Rail Transit (LRT) and the Pan Island Link (PIL) highway to be implemented as soon as possible to ease the daily gridlock. Those living in high-density and lower-income areas in Jelutong, Gelugor, Bayan ... Read More
LRT construction to start in 2018, ready by 2024
Construction work on the Penang light railway transit (LRT) project, which is part of the first phase of the island’s Transport Master Plan (TMP), will start in 2018. According to SRS Consortium Sdn Bhd, the Gamuda Bhd-led project delivery partner (PDP) for the TMP, it will be finalising the cost ... Read More
Penang Pan Island Link Highway
PIL highway poses no environmental impact Upon completion, the proposed Pan Island Link (PIL) highway will be able to share the heavy traffic load of the Tun Dr Lim Chong Eu Expressway (LCE), while the proposed Bayan Lepas LRT will be the rail backbone of Penang’s future public transport system ... Read More
Top 8 Property News Portal in Malaysia
Today we are looking at a comparison of 20 property news portals in Malaysia with SimilarWeb.com's web traffic analytic and it is plausible to conclude that PenangPropertyTalk.com has accomplished a new milestone by achieving the fifth position with a monthly visits of 140,000 in October 2015. The chart outlines the top ... Read More
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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- Congratulations to MPSP i hope they will carry on more upgrading works to ease traffic...Selvaraj on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- @Loon Project already sold out. very hot launch ...chookimhock on The Pier
- Have this project start building? Any status we can refer? Thanks ...Philip on Versa
- It looks like very less discussion with this project. Where are the actual buyers? Any...Loon on The Pier
- Concerned : The upgrade of drainage system that is part of this project is...Concerned on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- The upgrade of drainage system that is part of this project is totally a failure....Concerned on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- The next Kompleks Bukit Jambul and 1-stop Midlands Park Centre ...Captain Light on Sunshine Residence
- @kokoabc It's easily for mall to sustain or expand with all the international well branded...Alvin on Sunshine Residence
- this will become another pacific megamall ...kokoabc on Sunshine Residence
- @RaymondWR Hello, wondering if there is a group chat for owner? Thanks in advance!! ...KY on Waterside Residence
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