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Property News

State to hold gotong-royong at clan jetties in Weld Quay

State to hold gotong-royong at clan jetties in Weld Quay

WITH less than a month away before Penangites usher in the Year of the Dragon, the state government has called on the public, individuals and non-governmental organisations (NGOs) to lend a hand to the upcoming ‘Spring Cleaning @ George Town World Heritage Site 2012’ programme. Unlike the state’s first gotong- royong programme ... Read More
Major roads leading to tourist hotspots in Penang jammed

Major roads leading to tourist hotspots in Penang jammed

GEORGE TOWN: Christmas may be over but until the school term commences next week, the narrow roads here are expected to be congested with an influx of vehicles from outside the state. This is because there is an estimated 40% increase in the entry of vehicles, as reported by Penang ... Read More
Panoramic park plan for Pearl Hill

Panoramic park plan for Pearl Hill

A PIECE of land covering the peak of Pearl Hill in Tanjung Bungah and its surrounding area in Penang will be transformed into a park with a viewing point for tourists. Tanjung Bungah assemblyman Teh Yee Cheu said a 6.07ha piece of land where a Tua Pek Kong Temple is ... Read More
Upgrades on the right track

Upgrades on the right track

PHASE One of the road upgrades on Penang island by the Penang Municipal Council (MPPP) is now 30% completed and it is expected to be fully completed by the end of 2013. The project involving several roads is aimed at reducing traffic congestion on the island. Six construction packages, at ... Read More
Malaysian property market to slow down next year

Malaysian property market to slow down next year

KUALA LUMPUR: The Malaysian property market is likely tosee a gradual slowdown next year, taking into consideration the uncertainty in the global economic situation. President of Fiabci Malaysia, Yeow Thit Sang, said the high end residential units were already seeing a slowdown both in pricing and the take-up rate. "There ... Read More
Build low-cost houses, Chua tells Penang Govt

Build low-cost houses, Chua tells Penang Govt

KUALA LUMPUR: The Penang Government should build low-cost houses for its people first and worry about land conversion later, said MCApresident Datuk Dr Chua Soi Lek. “The Chief Minister said they cannot build low-cost houses because there is no freehold land to build them on. “If they don't build any ... Read More
Penang Forum calls for suspension of high-rise projects

Penang Forum calls for suspension of high-rise projects

GEORGE TOWN: Participants of a forum held here have passed a resolution urging the state government to impose a moratorium on high-rise and high density development. The participants of Penang Forum 4, which numbered about 80, wants the moratorium to be in place until the Local Plans for the state ... Read More
Penang’s traffic worsening

Penang’s traffic worsening

GEORGE TOWN: There should be better enforcement on the traffic flow on the island where it is believed that there are now more vehicles than residents here. Engineer Low Swee Heong said that while the Penang Government had implemented initiatives such as ‘No Vehicle Day’, there was a lack of ... Read More
Industrial frontier expanded in Batu Kawan

Industrial frontier expanded in Batu Kawan

The state has expanded the industrial land in Batu Kawan, Penang, to accommodate demand from investors as Bukit Minyak Industrial Estate and Penang Science Park in Seberang Prai have been fully taken up. Chief Minister Lim Guan Eng said the state had expanded the industrial land in Batu Kawan to ... Read More
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Sunway flaunts its assets

SUNWAY Bhd is targeting RM50 million in sales at the Sunway Integrated Properties Show 2011 - Christmas Edition at Sunway Pyramid in Bandar Sunway this weekend. The group's property development division is introducing a variety of properties at its 12 on-going projects in Greater Kuala Lumpur, Ipoh and Penang. The ... Read More