News about Penang

GEORGE TOWN (Sept 21) : Despite the dampened property market, developer Ivory Properties Group Bhd is anticipating its earnings for the financial year ending March 31, 2016  (FY16) to be comparable with FY15 — if not better — driven by two projects: the Penang Times Square and Penang WorldCity.

GEORGE TOWN (Sept 14): Eleven pre-war shophouses in Pulau Tikus, Penang, are set to relive their heyday in the 1920s with the restoration of their good looks and identity at the end of the year.

GEORGE TOWN (Sept 10): The Penang government ‎has revived a 28-year-old project to build affordable housing, shop lots and a four-storey market and hawker complex in Paya Terubong.

SUBANG JAYA (Sept 9): Titijaya Land Bhd plans to launch three projects worth RM400 million in gross development value (GDV) in its financial year ending 30 June, 2016 (FY2016).

PETALING JAYA (Sept 7): Eastern & Oriental Bhd (E&O) expects the Penang property sector to contribute 50% to its total annual sales of RM1 billion to RM1.

IPOH (Sept 1): The skyline of Ipoh is fast changing as demand soars for condominiums in the city.

Tambun Indah Land Bhd (Aug 27, RM1.

  PETALING JAYA (AUG 26): Penang property developer Tambun Indah Land Bhd plans to launch new projects worth RM300 million in gross development value (GDV) in the second half of 2015, the group announced in a statement today.

KUALA LUMPUR: Malaysia’s airmen may not be getting a new base in Butterworth, Penang, after all — news that will likely bring relief to residents and business operators opposed to the plan from the start.

BANGI (Aug 22): Most people would need at least a few years – if not more than 10 years, to save up enough to buy their first home – but Brian Lim Choon Wah will now be able to instantly own his first home, thanks to The Edge-Mah Sing Millionaire (TEMS MILLIONAIRE) competition.