GEORGE TOWN: IJM Land Bhd will commence work for its RM5bil commercial precinct next to the Penang Bridge in the second half of next year. Its chief executive officer Datuk Soam Heng Choon said the commercial precinct located on a 102-acre site would comprise four hotels, a shopping centre, a convention centre, and an ... Read More

* Article by Freemen * It’s official. The property market is sizzling hot. Recent property launches on Penang Island saw Penangites queuing up in the wee hours of the morning hoping to secure a unit. Not surprisingly, all units are snatched up like hot cakes. It amazes me that these ... Read More

GEORGE TOWN: The dream of middle-income group earners in Penang to own a home will come true in three years, thanks to Prime Minister Datuk Seri Najib Razak and the 1Malaysia People’s Housing Scheme (PR1MA). Najib is expected to announce several projects for Penang to address the housing shortage in ... Read More

PETALING JAYA: The online registration for 80,000 affordable homes to be built in 50 cities and towns under the Perumahan Rakyat 1Malaysia (PR1MA) will be officially launched in Penang on Saturday. Qualified applicants will be able to take part in the balloting of the houses which will be built at ... Read More

THE Penang Municipal Council plans to convert Persiaran Minden 1, Persiaran Minden 2 and part of Persiaran Minden 3 in Gelugor into one-way streets. Under the proposal, the one-way traffic on Persiaran Minden 1 would be from Lorong Changkat Minden 14 towards Persiaran Minden 2. For Persiaran Minden 2, the ... Read More

KUALA LUMPUR: UDA Holdings Bhd expects the first phase of its RM165mil residential project as part of the redevelopment of Tanjong Tokong in Penang to be completed by the end of 2014. “The first phase will see the development of 550 apartment units to be spread out in eight to ... Read More

MALAYSIAN Resources Corp Bhd (MRCB) says the Penang Sentral project in Butterworth, estimated to be worth over RM3 billion, will begin in 2013 after more than four years of delay. Penang Sentral, an integrated mixed commercial development was expected to start in 2008 but works got delayed due to land ... Read More

THE Penang Municipal Council (MPPP) has approved 14 projects under the 87 units per 0.404ha guideline since it came into effect in June, 2010. State Local Government and Traffic Management Committee chairman Chow Kon Yeow said stringent measures had however been imposed on developers to build the increased density units ... Read More

The Final Property Expo in Penang for 2012 held in conjunction with MEGA Home 2013 at PISA - last chance to catch the best buys in properties for 2012 in Penang ... Read More

MANY Penang Global City Centres (PGCC) may come up on Penang island following the raising of density for high-rise buildings, said a former Penang municipal councilor. Teh Leong Meng, who is a Gerakan leader, said this would result in traffic congestion and transportation woes. He said the Penang Municipal Council (MPPP) ... Read More