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Property News

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Ayer Itam-LCE Expressway bypass to start work on Feb 01

Work will finally begin next month on a RM851 million elevated bypass road, one of three projects that are part of the controversial RM6.3 billion Penang undersea tunnel project. A groundbreaking for the bypass was held in October 2019 but there had been little sign of the project taking off, ... Read More
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SITE PROGRESS: Woodsland Park (Jan 2021)

About Woodsland Park A freehold affordable housing development by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. It is strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. Amenities such as schools, markets, banks, shopping malls, and eateries are only ... Read More
Gurney wharf concept

Gurney Wharf project moving ahead

The Gurney Wharf project in Penang, estimated to be completed by the end of 2023 and with various components on it, will cost the state about RM176mil. Chief Minister Chow Kon Yeow said among the features to be expected along the 1.75km-long reclaimed coastline are parks, a hawker centre, a ... Read More
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Sub-agreement of Air Itam-Tun Dr Lim Chong Eu Expressway bypass to be inked on Jan 15

The Penang government and Consortium Zenith Construction Sdn Bhd (CZC) are scheduled to ink a sub-agreement in relation to the construction of a bypass from Bandar Baru Air Itam (Farlim) connecting to Lebuhraya Tun Dr Lim Chong Eu (Package Two) on Jan 15. Chief Minister Chow Kon Yeow said the ... Read More
Tunnel

Kedah-based developer to take over Penang undersea tunnel project

Penang undersea tunnel project has been given new life with a Kedah-based developer clinching a deal to take over the project through the purchase of majority shares in the company awarded the project. The state government has given its blessings to the Kedah company, led by a Penang businessman with ... Read More
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Penang suggests Pesta Pulau Pinang site as low risk COVID-19 centre

The Penang government has proposed for the Pesta Pulau Pinang site at Sungai Nibong to be used as a new low-risk COVID-19 centre as the current ones are reaching near full capacity. Chief Minister Chow Kon Yeow today said that the state government will meet with the state health department tomorrow to discuss the possibility ... Read More
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All districts of Penang are now Covid red zones

All districts in Penang are now red zones, amid a tourism surge after the interstate travel ban was lifted last month. This means all districts have recorded more than 40 Covid-19 cases in the past 14 days. Seberang Perai Utara, the state’s last yellow zone, turned red yesterday after recording ... Read More
penang assessment rebates

Penang govt continues to give tax assessment rebates

The Penang government has announced its decision to continue giving rebates on assessment rates this year. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the decision was made to alleviate the financial burden of the people which is caused by the Covid-19 pandemic. “We ... Read More
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10 most viewed projects in Penang for 2020

Wishing you and your family a Happy New Year 2021! Despite the coronavirus pandemic, buying a property has always been part of our life journey. Looking back at 2020, it is no surprise that all of the most viewed projects are affordable homes in Penang Island ... Read More
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Cruising into era of modern ferries

Starting tomorrow, Penang’s ferry service will see a new era of efficiency and reliability. From 6.30am to 11pm, there will be a fast boat ferry trip every 20 to 30 minutes, up to 27 round trips per day. This is the interim phase until June 30,2022, when the ferry terminals ... Read More