Kerjaya Prospek Group Bhd has bagged an RM64 million contract to build a sewerage plant for the Seri Tanjung Pinang (Phase 2A) development (STP2) in Penang. This is the group’s fifth contract in STP2, which is developed by Tanjung Pinang Development Sdn Bhd, an indirect subsidiary of Eastern & Oriental ... Read More

A newly proposed strata residential development by Diversified Enterprises Sdn. Bhd. at Ara Kuda in Northern Seberang Perai. Located on a 14.1 acres land adjacent to Taman Ara Kuda, only several steps away from the Penang-Kedah state border. It only takes less than 10 minutes to drive to Kulim Hi-tech ... Read More

Penang will sell state land at market price via open tender in order to raise revenue. Chief Minister Chow Kon Yeow in his winding up speech at the state legislative assembly here today, said the move was to manage the deficit budget tabled for 2021. With the move, he added, ... Read More

The State Government through the Urban Redevelopment Committee (URC)  is advised to implement redevelopment for housing projects owned by the Penang Development Corporation (PDC) around Pintasan Cecil and Weld Quay. Pengkalan Kota State Assemblyman (ADUN), Danial Gooi Zi Sen said, the move is appropriate as the housing projects are developed with a ... Read More

The construction works for the components of the Gurney Wharf project are scheduled to take place early next year. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the construction works for the entire project would take about two years. “We hope that the public ... Read More

The Penang government, through the Penang Hill Corporation, will issue a Request For Proposal (RFP) likely next month for its proposed Penang Hill cable car project. Chief Minister Chow Kon Yeow (PH – Padang Kota) told the State Legislative Assembly in Dewan Sri Pinang today that project would be implemented with ... Read More

Yet another proposed highrise residential development by Dutamas Permai Sdn. Bhd. (Airmas Group) at Jelutong. Strategically located on a 1.3-acre land along the ever-bustling Jalan Jelutong, next to newly completed Artis 3 condominium by the same company. It is less than 10 minutes drive from Penang Bridge, about 4km away ... Read More

The Penang government has reiterated that the projects under the Penang Transport Master Plan (PTMP) would only start after the respective projects obtained the approvals. State Transport and Infrastructure Committee chairman Zairil Khir Johari (PH-Tanjong Bunga) said the Penang government would not start any of the project without first obtaining the ... Read More

The property market experienced a correction in terms of pricing with more affordable housing launched in the first half of 2020 (1H2020). National Property Information Centre (Napic) director Aina Edayu Ahmad said half of the new launches in 1H2020 comprised houses priced at RM300,000 and below (6,657 units), while the ... Read More

Airbnb has today warned that Malaysia’s tourism recovery could be threatened by talk of proposed blanket bans on short-term rentals in strata buildings in Penang, Selangor and other states in Malaysia. Prior to the pandemic, the Airbnb community in Malaysia made a significant contribution to the local tourism industry and ... Read More