Penang LRT construction work to start in 2018
KUALA LUMPUR (Dec 2): Construction work on the Penang light railway transit (LRT) project, which is part of the first phase of the island’s Transport Master Plan (TMP), will start in 2018.
Reclaiming two islands to cost RM8b
GEORGE TOWN (Nov 30): Gamuda Bhd-led project delivery partner — SRS Consortium Sdn Bhd — for the Penang Transport Master Plan (TMP) estimates the cost of reclaiming two islands measuring about 1,300 acres (526.
Ivory Properties eyes 40-45% gross profit from Penang Times Square's phases four, five
GEORGE TOWN (Nov 25): Ivory Properties Group Bhd is expected to see a 40% to 45% gross profit contribution from phases four and five of its Penang Times Square project on Jalan Datuk Keramat, over the next five years.
Penang seeks explanation for proposed price hike on low cost homes
GEORGE TOWN (Nov 25): The Penang government is seeking clarification from the Urban Wellbeing, Housing and Local Government on its plan to increase the prices of low cost (LC) and low-medium cost (LMC) homes.
Penang set to embark on urban regeneration projects, call for proposals soon
The Penang state Urban Regeneration Committee will hold its first meeting at the Penang Development Corporation on December 7, says its chairman Jagdeep Singh Deo, reports The Malaysian Insider.
Penang state government says land reclamation deals are for public benefit
NOV 22 (George Town): The Penang government has again defended its approvals for land reclamation projects, insisting that they will benefit the people.
Consortium Zenith not resting on its laurels
KUALA LUMPUR: Consortium Zenith BUCG Sdn Bhd (CZBUCG), which is currently undertaking a RM6.
‘1MDB only holds 20% of Air Itam land purchased’
GEORGE TOWN: Government strategic fund 1Malaysia Development Bhd (1MDB) only holds 20% or 23.
Penang sets up committee for housing scheme redevelopment, upgrading
GEORGE TOWN (Nov 20): The Penang government has set up a new Urban Regeneration Committee to look into the redevelopment and upgrading of old housing schemes, says state housing exco Jagdeep Singh Deo (DAP-Datuk Keramat).
