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News & Articles

perda-jkp

Federal agencies agree to toe Penang’s line

Federal development agencies JKP Sdn Bhd and the Penang Regional Development Authority (Perda) have agreed to comply with state requirements on their projects in Penang. Federal Action Council chairman Datuk Zainal Abidin Osman said JKP and Perda will be amending their development plans to comply with what the state government ... Read More
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Think City launches RM30m grant for nationwide urban renewal programmes

If you live in Kuala Lumpur, George Town or Butterworth and have ideas to make your city a better place to live, you can tap Think City for its new RM30 million public grant for urban renewal. Fresh off a successful run of pumping RM17.5 million in grants to inject ... Read More
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After four-year wait, Penang Island to finally get city status

Penang Island will soon be declared a city, the state government confirmed today, after announcing Putrajaya’s approval of its status application made back in January 2010. State local government and traffic management committee chairman Chow Kon Yeow said the Cabinet finally approved the upgrade at a meeting last month. He ... Read More
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Petition for lower tariff

Joint management bodies (JMB) of high-rise buildings in four states and the Federal Territory want a special tariff for electricity to be introduced. They are asking the Energy, Green Technology and Water Ministry to intervene in the matter. Tanjong MP Ng Wei Aik said the JMBs and other management corporations ... Read More
plb

Step up, buyers urged

Work to revitalise the abandoned Majestic Heights Phase 2A project in Paya Terubong, Penang, can go ahead only with the cooperation of at least 220 owners. Chief Minister Lim Guan Eng said that so far, 127 unit owners had signed the agreement to execute the commencement of the project. “We ... Read More
landed-penang

Landed properties within Penang island? Hard to go wrong

by Charles Tan Anyone favouring a landed property within the Penang island? With this question, I can see majority putting up their hands but a few would then ask, which part of Penang island? If it’s Greenlane, I can see 10 / 10. If it’s in Sungai Ara, suddenly, half ... Read More
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Penang nine months investments hit RM6b, surpassing all of 2013

Total investments in Penang hit RM6 billion between January and September this year, outpacing RM3.9 billion for all of 2013. Chief Minister Lim Guan Eng, who announced the data at a press conference, said Penang also ranked third among all states for the highest amount of investments. “Last year, Penang ... Read More
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Is Your Home Loan Rejected? It Could Be Due To These Reasons

You’ve found your dream home and are already imagining yourself serving dinner in a top-of-the-range kitchen. However, before you start picking your wall colour, consider the possibility of your home loan not being approved. Today’s home loan application and approval process can be tedious, with so many possibilities of issues ... Read More
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E&O gets nod for STP2 reclamation works

Lifestyle property developer Eastern and Oriental Bhd (E&O) has obtained approval to proceed with reclamation works for phase 2 of its Seri Tanjung Pinang (STP2) development here. In an announcement to Bursa Malaysia yesterday, the company said a letter dated November 25 was received on December 5 from the State ... Read More
Second Penang Bridge Lures More Investors To Mainland

Second Penang Bridge Lures More Investors To Mainland

The Penang state government has acknowledged the importance of the Sultan Abdul Halim Muadzam Shah Bridge as more firms on the island express interest in expanding their operations to the mainland. Chief Minister Lim Guan Eng said more high-tech manufacturing firms from the United States (US) and the European Union ... Read More