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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

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

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

Garden City
Garden City, an upcoming mixed development by Temasek Land Sdn. Bhd. (formerly undertaken by Woolley Development) in Raja Uda, Butterworth. Strategically located along Jalan Raja Uda, adjacent to Woolley Avenue shop offices. It is about 10 minutes drive to Penang Sentral, under 15 minutes to Penang Bridge. This development comprises ... Read More

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

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

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

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
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

ParkVille @ Balik Pulau
ParkVille @ Balik Pulau, a low-density gated and guarded development by Emerald Capital Group in Balik Pulau, Penang. This development comprises 67 units of 3-storey terrace & bungalow, semi-detached villa and condo villa. It is only mere minutes drive from Balik Pulau town center. Most units are north & south facing, ... Read More
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