News about Penang

GEORGE TOWN (Dec 16): S P Setia Bhd’s Penang property sales are expected to contribute RM399 million to the company’s group revenue for the financial year ending Dec 31, 2016 (FY16).

KUALA LUMPUR (Dec 15): Despite a protest by hundreds of fishermen in the southern region of Penang against a massive land reclamation proposal to fund the Penang Transport Master Plan (PTMP) on Sunday, state exco Datuk Abdul Malik Kassim said the plan had been well received by the community.

THE auction market continues to see fewer properties go under the hammer in the second half of 2015, indicating that owners still have strong holding power, according to auctioneers polled by City & Country.

GEORGE TOWN (Dec 14): Seberang Prai, Penang, is banking in on eco-tourism to attract more visitors.

Eco World Development Group Bhd (Dec 11, RM1.

GEORGE TOWN (Dec 11): Some 1,000 acres (404.

GEORGE TOWN (Dec 10): Lack of enforcement in Unesco World Heritage Site, George Town is emboldening heritage building owners to build and renovate their properties without regard for guidelines and the authorities' approval, claims non-governmental organisation George Town Heritage Action (GTHA).

PENANG (Dec 10): The Penang executive council has approved the declassification of land reclamation agreements signed under the previous and present state governments.

PENANG (Dec 8): The National Heritage Department has been waiting for years for the Penang government to give its consent to gazette 18 buildings in the state as "national heritage".

KUALA LUMPUR (Dec 7): The successful implementation of the RM27 billion Penang Transport Master Plan will be pretty much dependent on the outcome of the due process exercise on the plan, says Gamuda Bhd group managing director Datuk Lin Yun Ling (pictured).