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Penang CM confirmed received Penang South Reclamation approval via fax
The Penang South Reclamation (PSR) scheme near Teluk Kumbar has been given the thumbs-up by the Environment Department (DoE), says Chow Kon Yeow. The Penang Chief Minister confirmed that the state government had received an approval letter via fax from the DoE on Thursday (July 4) over its application to ... Read More
Mahsuri flats to be torn down under Penang’s urban regeneration initiative
The Penang government has decided to proceed with the rejuvenation of the ‘5 Point Blocks’ flats in Lorong Mahsuri 10, Bayan Baru. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the decision to amend the existing laws or enacting a new law with regard ... Read More
Penang yet to receive formal approval to develop islands
The Penang state government has yet to receive any formal approval for the Penang South Reclamation (PSR). In a statement today, Penang chief minister Chow Kon Yeow refuted a media report titled “Penang gets nod to develop islands” and said that the state government has been working with various parties ... Read More
Boon Siew Group NOT buying land near Gurney Drive reclaimed area
The Boon Siew group is not involved in the purchase of a piece of land that the state of Penang had alienated to a private company with the mandate to undertake RM6.34bil worth of infrastructure projects. In a statement, the Boon Siew group said one of its shareholders was approached ... Read More
RM3.15 mln fees for foreign property purchases in Penang exempted
Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo (pix) said yesterday that the state government has “lost” RM3.15 million in approval fees that have been waived for foreign property purchases in the state. He said the state government had received 55 applications relating to the waiver of ... Read More
MAHB to proceed with Penang International Airport expansion plan
Malaysia Airports Holdings Bhd (MAHB) is ready to proceed with its plan to expand the Penang International Airport after getting the approval from the Ministry of Finance. Group chief executive officer Raja Azmi Raja Nazuddin said MAHB has been working on the expansion project over the past two years, bringing ... Read More
Construction work for The Light City will only start next year
IJM Land Bhd is expected to start the construction work for its RM4bil The Light City project by the second quarter of next year. The property group had earlier planned to start construction for the integrated mixed development scheme, which is located near the Penang bridge, sometime this month. Senior ... Read More
2019 HOC extended until the end of December
The Home Ownership Campaign (HOC) 2019 which should end this month is extended until the end of December to open more opportunities for home ownership among Malaysians. Minister of Housing and Local Government, Zuraida Kamaruddin said the campaign launched by the Prime Minister, Tun Dr. Mahathir Mohamad has received a ... Read More
Penang property market seen to be challenging in medium term
The Penang property market, over the short to medium term, is expected to be challenging as a result of strong incoming supply of new units. At the end of 2018, the incoming supply of housing rose to 49,543 units versus 44,046 units in 2017, an increase of 12.5%. The National ... Read More
Stratified property owners in Penang must pay parcel rent directly to land office
From this year, owners of stratified properties in the state will have to pay parcel rent directly to their respective district and land offices. Chief Minister Chow Kon Yeow said the parcel rent, replacing quit rent for stratified properties, is effective from January this year. "Prior to this, the quit ... Read More
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- @Mr Tai If what you said is right, such as 20 years life span on...millionaire on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- gkchin : @felix Aiya, in penang, don’t waste your money buying super expensive condos...Mr Tai on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Still have available unit? Can I go to the shown room unit? ...Bk chua on The Cube
- @Kay yes but price not cheap ...LL on Affordable Housing @ The Zen
- Any unit for sale? ...Kay on Affordable Housing @ The Zen
- serious buyer...more details, please ...Lee on UPCOMING: Butterworth / SP City Development Sdn. Bhd.
- @Hee Chan fully agreed ...LL on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Still no progress? Interested pls pm ...Goon on Affordable housing @ Jelutong (formerly known as Mutiara Rini & Mutiara Ria)
- @Kent Which mean plenty of buyer got doubt on this project despite selling lower affordable...Ryu on The Cube
- @millionaire Qlassic scoring is useless & is just a paper & number. Why buying expensive...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
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