News about Penang

KUALA LUMPUR (Sept 19): Atrium Real Estate Investment Trust  plans to raise up to RM999 million by establishing a medium-term note (MTN) programme to part-finance the purchase of properties in Penang.

GEORGE TOWN: Chief Minister Chow Kon Yeow said the South Reclamation (PSR) project took two years to get the green light from Putrajaya, according to a report from Free Malaysia Today.

GEORGE TOWN (Sept 18): The worsening haze shrouding much of Malaysia has caused flight disruptions in Penang International Airport (PIA) today.

GEORGE TOWN (Sept 13): Penang property owners have to be prepared to pay higher assessment rates next year as the state’s two local councils review the rates to counter increased expenditures.

  GEORGE TOWN (Sept 12): Tanjung Bungah Residents Association (TBRA) called for the engineer and his firm to be sentenced to jail time over a fatal Penang landslide that killed 11 workers in 2017.

GEORGE TOWN (Sept 12): Penang Development Corp (PDC) will have to “work hard” to provide affordable housing for residents of the state.

PETALING JAYA (Sept 11):  The Consumers Association of Penang (CAP) is concerned about Malaysian developers trying to attract Hong Kong property buyers to our shores, riding on the social and political turmoil plaguing the territory in recent months.

GEORGETOWN (Sept 10): State welfare and caring society committee chairman Phee Boon Poh said graves with human remains were not demolished.

GEORGE TOWN (Sept 6): Penang is pushing ahead with its smart city initiatives with the planned formation of an “umbrella body” called Digital Penang Corporation (DPC).

  GEORGE TOWN (Sept 5): Property buyers say that developers are making them pay between RM30,000 and RM90,000 extra in packaged deals for units under the low-cost housing scheme.