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Transport masterplan to ease traffic congestion in Penang

The business community in Penang hopes the ambitious RM27bil Penang Transport Master Plan (PTMP) materialises, stating that it would ease the growing traffic congestion on the island part of the state. This was a contrast to voices of concern raised by some quarters on the risks of PTMP that would ... Read More
PenangLRT (2)

More details about LRT routes, especially in mainland

More rail access for Penang The planned light rail transit (LRT) linking the island and the mainland will be connected to two other train services planned for the state. This proposed fourth link across the sea will have interchange stations in Gelugor on the island and Taman Supreme on the ... Read More
The Tamarind pool

The Tamarind Tower B 60% taken up

Tower B of The Tamarind executive apartments by Eastern & Oriental Bhd (E&O) has received an encouraging response from buyers with 60% of the units having been taken up within two weeks of its launch in early December. E&O marketing and sales general manager (Penang), Christina Lau, said The Tamarind ... Read More
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LRT to connect Penang island and mainland

LRT across the sea to mainland in the works There are plans for a fourth link between Penang island and the mainland – a light rail transit (LRT) track across the sea. The proposed link will have the LRT trains travelling on rails built near the Penang Bridge. It will ... Read More
PTMP

LRT and highway lines for transport master plan approved

The Penang executive council today gave the green light to Penang Transport Master Plan (PTMP) project delivery partner SRS Consortium Sdn Bhd for the railway and highway schemes that include a rail line from Komtar to the airport and the Pan Island Link. SRS tabled the plans to the state ... Read More
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S P Setia to see RM399m sales from its Penang projects in FY16

S P Setia Bhd’s Penang property sales are expected to contribute RM399 million to the company’s group revenue for the financial year ending Dec 31, 2016 (FY16). “This is in line with Penang’s annual contribution of about 10% of group sales. The sales revenue from here would come from two ... Read More
bank

Financial expert: Tougher to get housing loans as bank funds dry up

Malaysians are finding it increasingly harder to get housing loans as banks have less money available to lend out, financial expert Gary Chua said today. Chua, who heads financial education firm Smart Financing, said the housing loan approval rate, which was at least 65 per cent about seven years ago, ... Read More
the-clovers

Be one of the “Fortuna” Premium Tower

Rare and precious like the four-leaf clover revered as a symbol of good luck by many cultures around the world, its iconic architecture and layout is designed to bring residents all the privileges of wholesome living. Located in Sungai Ara, The Clovers auspiciously signifies living in a sanctuary blessed with ... Read More
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500 fishermen rally over land reclamation plan

More than 500 fishermen today rallied against the proposal to reclaim land off the Permatang Damar Laut coast for the RM27 billion Penang Transport Master Plan (PTMP) project. Spokesman Nazri Ahmad, 50, said reclamation will affect the livelihoods of fishermen from Sungai Pinang to Pulau Betong, the southwest coast of ... Read More
bizdx_alc_1212_55 Cars

Cars are more expensive than houses?

In about 3 weeks’ time, we will be celebrating the New Year. Each New Year comes with new resolutions and new goals. Some would plan to own big ticket items such as a house or a car as part of their resolution. If your plan is to own a new ... Read More