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Penang not beholden to developers, says CM

GEORGE TOWN: The Penang Government has denied claims that it is “the darling of developers” at the expense of the public, especially those in need of public housing. Chief Minister Lim Guan Eng said more stop-work orders had been issued by both the local councils since 2008 compared to previously ... Read More

Scott Residence

Scott Residence, a residential development by Red Rock Hotel Realty, strategically located along Jalan Macalister. This 22-storey building comprises 62 residential units with size ranging from 2,035 sq.ft. onwards. Property Project : Scott Residence Location : Macalister Road, Georgetown, Penang Property Type : Luxury Condominium Tenure : Freehold Built-up Area: 2,035.ft. onwards Total Units : 62 ... Read More

Affordable housing move

DEVELOPERS who opt to build 87 housing units per acre (0.4ha) on Penang island will now have to allocate 15% of their projects for units priced between RM200,000 and RM300,000. This is an increase of 5% as the previous requirement for such units for that plot ratio was 10%, said ... Read More

SP Setia has big plans in Penang

GEORGE TOWN: After recently acquiring 21.3 acres in Tanjung Bungah for RM185.6mil, SP Setia Bhd is now looking at an adjacent 14-acre site. SP Setia Property (North) divisional general manager Datuk S. Rajoosaid the group was now in an advanced stage of negotiation to buy the property. “We expect to ink the deal ... Read More

Chalets on water for Penang

PENANG will see its first hotel with water chalets opening soon in Teluk Kumbar. State Tourism Development and Culture committee chairman Danny Law Heng Kiang said that the hotel with water chalets was among three new hotels that will be opening in the near future. “The other two hotels will ... Read More

Berth at ferry terminal to be rebuilt

AFTER being out of use for more than six months, the unstable berth at the Pengkalan Raja Tun Uda ferry terminal in Weld Quay will be rebuilt starting next month at a cost of RM2.15mil. Penang Public Works, Utilities and Transport Committee chairman Lim Hock Seng said Penang Port Sdn ... Read More

Marinox Sky Villas

Marinox Sky Villas, strategically located within Seri Tanjung Pinang, opposite of The Brezza, mere minutes drive to Straits Quay and Tesco hypermarket. It comprises 301 unit of Sky Villas with size ranging from 1,250 sq.ft. onwards. Property Project : Marinox Sky Villas Location : Tanjung Tokong, Penang Property Type : Condominium Tenure : Leasehold ... Read More

Lesson for developers

BUKIT MERTAJAM: The Seberang Prai Municipal Council (MPSP) has lifted a stop work order issued on a construction site in Alma near here earlier this month. A team of MPSP councillors and officials, who visited the site, lifted the stop-work order after the developer was found to have complied with ... Read More

The Lexis Suites

Lexis Suites, a 650 rooms five star hotel suites. The concept will be similar to Lexis Hibiscus Port Dickson and the all suites hotel will be based in Teluk Kumbar. It is expected to be fully completed by 2015. It will also have its own in-room swimming pool complete with ... Read More

Platinum III @ Teluk Kumbar

Platimum III, an upcoming mixed development within the established township of Teluk Kumbar, Penang. It comprises condominium with spacious built-up area of 1,230 sq. ft. & 1,320 sq. ft. and shop houses. There are 6 units per floor and all are corner units. Property Project : Platinum III @ Teluk Kumbar ... Read More