News about Penang

Mah Sing Group Bhd (Feb 16, RM1.

GEORGE TOWN (Feb 12):  The Penang government has refuted claims that a neo-classical building constructed in 1921 in Jalan Sultan Ahmad Shah here was demolished to make way for a commercial complex and five-star hotel.

This is Part 2 of a story that ran yesterday.

SHORTLY after the federal government unveiled the revised Budget 2016 last Thursday, Penang Chief Minister Lim Guan Eng called a press conference at his Komtar office and criticised Putrajaya for not abolishing the 6% Goods and Services Tax, which he claims is an added burden for the man in the street.

GEORGE TOWN (Feb 3): The Penang government will be publicly disclosing its land reclamation agreements in Bayan Mutiara and Pantai Jerejak which were inked by the present administration.

GEORGE TOWN (Feb 1): Government staff at the state administration offices in Komtar, Penang start separating the garbage at source today.

PENANG (Feb 2): Berjaya Land Development Sdn Bhd, a wholly owned subsidiary of Berjaya Land Bhd, has awarded a contract for infrastructural works worth RM38.

KUALA LUMPUR (Jan 29): The only way to help house buyers is to get banks to relax housing loan requirements, the Penang government said today.

LAND scarcity and sky-rocketing property prices on Penang island have driven developers and investors towards the mainland in recent years.

MOVEMENT in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh.