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

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

A newly proposed mixed development by Nova Success Development Sdn. Bhd. at Butterworth, Penang. It is located next to Jalan Bagan Dalam exit from Butterworth Outter Right Road (BORR), only a mere minutes drive away from the upcoming Penang Sentral. This development consists of the following components, to completed in multiple phases: 6 ... Read More

When the Penang Global City Centre (PGCC) was launched in 2007, it was touted as a major game changer to Penang. But it ended in a whimper partly because of its sheer scale which was not feasible. The RM25bil PGCC project was to have been undertaken by Abad Naluri Sdn ... Read More

The annual rate of appreciation for homes has dropped from 12.2% in the fourth quarter of 2012 to 5.9% in the second quarter of 2015, said Datuk Abdul Rahman Dahlan. The Urban Wellbeing, Housing and Local Government Minister in wrapping up the ministry's debate on Budget 2016 at the committee ... Read More

A recent survey shows Penangites are calling for the government to implement the Bayan Lepas to George Town LRT in the soonest possible time frame to provide respite from the worsening traffic condition on the island. Penangites are already counting the days when they can hop on the LRT to carry ... Read More

Ivory Properties Group Bhd hopes to complete all the five phases of Penang Times Square by 2020. COO Goh Chin Heng said the group is waiting for approval to start phases four and five by year-end. “We hope to commence work by the first quarter of next year concurrently,” he ... Read More

Ferringhi Residence 2, the second phase of residential development by Mah Sing Group in Batu Ferringhi, Penang. Strategically located just a stone's throw away from the famous tourist belt of Batu Ferringhi beach. It comprises low-rise condo villas and high-rise resort condos with built-up area ranging from 1,208 to 1,565 ... Read More

Casa Utopia, the second phase of residential development by Streamville Sdn. Bhd. in Sungai Dua, Butterworth. It is strategically located next to Taman Cassa Maya, only a short drive from Sungai Due toll plaza. Schools, markets and eateries are also easily accessible. This new development comprises three blocks of 3-storey townhouse and ... Read More

The Penang state Urban Regeneration Committee will hold its first meeting at the Penang Development Corporation on December 7, says its chairman Jagdeep Singh Deo, reports The Malaysian Insider. The committee will look into regenerating decades-old public housing schemes in Penang at Rifle Range, Taman Free School, Taman Tun Sardon ... Read More