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![lce-expressway-lane-closure](https://img3.penangpropertytalk.com/wp-content/uploads/2024/04/lce-expressway-lane-closure-144x144.jpg)
Full lane closure at LCE Expressway and contraflow towards Penang Bridge
There will be a full lane closure and traffic diversion on the Tun Dr Lim Chong Eu Expressway heading towards the Penang Bridge, starting tonight. The closure will affect Line M, from CH 1.1 to CH 1.9, particularly around The Light area. All four lanes heading towards the Penang Bridge ... Read More
![iconic-harmony-softlaunch](https://img2.penangpropertytalk.com/wp-content/uploads/2024/04/iconic-harmony-softlaunch-e1713784424157-144x144.jpg)
Iconic soft-launches Iconic Harmony in Bukit Mertajam
Iconic Worldwide Bhd's wholly-owned unit Iconic Maison Sdn Bhd eyes over 70 per cent take-up rate of its newly-launched residential development, Iconic Harmony, with RM300 million gross development value (GDV) due to strong demand from buyers. Iconic Worldwide executive chairman Datuk Seri Tan Kean Tet said the project has garnered ... Read More
![Penang 2nd Bridge](https://img2.penangpropertytalk.com/wp-content/uploads/2024/04/penang-2nd-bridge-144x144.jpg)
Part of Penang 2nd Bridge to be closed from tomorrow
Part of the Sultan Abdul Halim Mu’adzam Shah Bridge (JSAHMS), from KM12.5 to KM18.5, will be closed from Tuesday to Thursday for cable inspection work. Jambatan Kedua Sdn Bhd (JKSB) said the closure will start from 9am until 5pm throughout the three days and that the contra flow lane will ... Read More
![439054394_405717925574192_457236332771014545_n](https://img2.penangpropertytalk.com/wp-content/uploads/2024/04/439054394_405717925574192_457236332771014545_n-1-e1713699800861-144x144.jpg)
Temporary road closure for Air Itam bypass project
Motorists in Farlim, Air Itam, will need to plan alternate routes as a section of Lebuhraya Thean Teik will be temporarily closed from 9pm to 5am on April 22 and 23. This closure, affecting the stretch between Desa Intan and Tanjung Court, is necessary to facilitate construction efforts for the ... Read More
![penang-southwest](https://img2.penangpropertytalk.com/wp-content/uploads/2023/09/penang-southwest-144x144.jpeg)
Penang optimistic about achieving target to build 220,000 affordable homes by 2030
The Penang government is optimistic about achieving the target to build 220,000 units of Affordable Housing (RMM) by 2030. State Housing and Environment Committee chairman, Datuk Seri S. Sundarajoo, said the target is in line with the agenda ‘Housing for All’, which is the state government’s main core in providing ... Read More
![iconic-right-issue](https://img1.penangpropertytalk.com/wp-content/uploads/2024/04/iconic-right-issue-144x144.jpg)
Iconic raises RM95.6mil through rights issue, plans for land purchase
Iconic Worldwide Bhd has received overwhelming support for its recent rights issue and free warrants, signaling a strong vote of confidence from investors. With 1.12 billion rights shares and 749.8 million free warrants oversubscribed, the company is set to embark on an ambitious expansion journey. Scheduled to be listed on ... Read More
![undersea-tunnel-illustration-1024x615](https://img1.penangpropertytalk.com/wp-content/uploads/2022/03/undersea-tunnel-illustration-1024x615-144x144.jpg)
Penang Undersea Tunnel project under review following PPC proposal
In a recent update reported by Buletin Mutiara, Penang State Government is set to examine the comprehensive proposals outlined in the Penang Port Commission's (PPC) Master Development Plan for the Penang Port. This comes in the wake of recent developments regarding the feasibility study for the undersea tunnel project, which was ... Read More
![lem-malaysia](https://img3.penangpropertytalk.com/wp-content/uploads/2024/04/lem-malaysia-144x144.jpg)
Swiss company LEM opens its first plant in Penang
LEM, a renowned leader in electrical measurement technology, has opened its new US$17 million factory in Penang, Malaysia, heralding a significant step forward in the realm of advanced manufacturing. Nestled within the Penang Science Park North in Simpang Ampat, this state-of-the-art facility seamlessly integrates cutting-edge manufacturing technology with environmentally friendly designs, ... Read More
![NBCT](https://img1.penangpropertytalk.com/wp-content/uploads/2024/04/nbct-expansion-e1713320743822-144x144.jpeg)
RM250mil expansion plans for the NBCT will forge ahead
Penang Port Sdn Bhd (PPSB) chief executive officer Datuk Sasedharan Vasudevan said RM250mil would be spent over the next three years. This follows the development of new industrial parks in Perak, Kedah and Perlis. “With industrial parks in Padang Terap, Kota Perdana, Sidam and Kulim in Kedah, there is tremendous ... Read More
![lucerne-residences-site-progress-apr2024-1](https://img2.penangpropertytalk.com/wp-content/uploads/2024/04/lucerne-residences-site-progress-apr2024-1-144x144.jpg)
SITE PROGRESS: Lucerne Residences (Apr 2024)
About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
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