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

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

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

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

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

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

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

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

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

Sunway Property Penang will be organizing a Garden Fest on December 12, 2015, from 5pm to 9pm at its Sunway Wellesley Show Village in Bukit Mertajam. The Garden Fest aims to offer a nature-rich, fun-filled, experience for families in Bukit Mertajam to enjoy the evening together as part of the ... Read More