News about Penang

GELUGOR, PENANG (Aug 18): IJM Land Bhd’s 3-storey Udini Square mixed-use commercial development at Metro East here has seen 84% of its office space leased and 59% of its mall space taken up since leasing opened last year, said northern region senior general manager Datuk Toh Chin Leong.

GEORGE TOWN (Aug 18): Penang's tallest building, Komtar Tower, in George Town, has a new logo.

GEORGE TOWN (Aug 18): The Goods and Services Tax (GST) implemented in April this year is affecting property players and estate agents.

KUALA LUMPUR: The appointment of the Gamuda Bhd-led consortium as the project delivery partner (PDP) for the RM27 billion transport master plan (TMP) by the Penang state government will be a major catalyst for the stock, which has declined by 14.

GEORGE TOWN: Penang’s Transport Master Plan (TMP) played a vital role in the Malaysian Secondary Property Exhibition (Maspex) 2015, showcasing the vital link between infrastructure and the property sector.

GEORGE TOWN (Aug 14): Ewein Zenith Sdn Bhd is partnering with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to develop the Wellness City of Dreams at Bandar Tanjong Pinang, Penang  according to a report in the digitaledge Daily today.

PENANG (Aug 14): The Malaysian Secondary Property Exhibition Penang 2015 (MASPEX 2015) is expected to draw a crowd of 15,000 visitors to the event from Aug 13 to 16.

PETALING JAYA (Aug 13): Property services firm Raine & Horne International Zaki + Partners Sdn Bhd is selling via tender two Malay-style heritage bungalows on adjoining land in Pulau Tikus, Penang, for a collective reserve price of RM18.

GEORGE TOWN (Aug 11): Penang Chinese Chamber of Commerce is holding a seminar on the Strata Management Act 2013 at the Tan Kok Ping Hall on its premises in Lebuh Light, George Town, on Aug 21.

GEORGE TOWN (Aug 11): Property developers are still faced with operational issues that come with the implementation of the Goods and Services Tax (GST), after the consumption tax came into force four months ago.