Penang is third best island in the world as a retirement spot in 2021, says travel site
KUALA LUMPUR (April 15): Penang is the third best island in the world and top in Asia to retire for 2021, according to a list by the Travel Awaits website.
Knight Frank appointed on the sale of Penang’s Holiday Inn Resort
PETALING JAYA (April 12): Knight Frank Malaysia has been exclusively mandated to sell the former Holiday Inn Resort, said the real estate consultancy firm.
Scientex buys lands in Penang for RM246.67m
KUALA LUMPUR (April 5): Scientex Bhd is acquiring three pieces of freehold agriculture land in Penang for RM246.
Penang commercial property The Weld Heritage Square to be completed by year end
KUALA LUMPUR (March 27): The RM160 million The Weld Heritage Square commercial property project within Penang’s George Town UNESCO World Heritage Site at Pengkalan Weld is expected to be completed by the end of 2021 based on the project’s current construction completion status at 85%, according to its developer today.
Gamuda's subsidiary SRS Consortium to undertake development of Island A
KUALA LUMPUR (March 25): Gamuda Bhd's 60%-owned single purpose vehicle SRS Consortium Sdn Bhd will undertake the development of Island A under the Penang's Transportation Master Plan.
Penang: Jagdeep reminds owners about rules on homestays
PENANG (March 24): Joint management bodies (JMB) and management committees (MC) of strata schemes can enact a bylaw to prevent short-term accommodations under Section 70(2) of the Strata Management Act 2013 (SMA), Penang state local government committee chairman Jagdeep Singh Deo (pictured) reminded all stakeholders, The Star reported yesterday.
Federal Court ruling: Penang Island City Council cannot arbitrarily withdraw temporary hotel permits
PETALING JAYA (Feb 18): The Federal Court today ruled in favour of a hotel operator who had sued the Penang Island City Council (MBPP) over the revoking of its temporary operating permit half a year before it expired back in 2016, FMT News reported today.
Covid-19: Hotel Equatorial Penang closes down due to huge losses
PENANG (Jan 25): Hotel Equatorial Penang announced cease of operation from March 31 this year due to adverse business conditions caused by Covid-29.
Greatech buys land in Batu Kawan to expand capacity
KUALA LUMPUR (Jan 13): Greatech Technology Bhd is buying 5.
CM Chow: Penang Island City Council to approve projects worth RM2.5b in GDV this year
GEORGE TOWN (Jan 7): The Penang Island City Council (MBPP) announced that it “expects” to approve projects worth a total gross development value (GDV) of about RM2.
