News about Penang

OCBC Bank will also be offering an attractive end-financing package to qualified end purchasers of the industrial park.

HOMEDEC has been exhibiting home and interior design since 2003.

The construction outfit said its wholly-owned unit Fajarbaru Builder Sdn Bhd had accepted the award from Penang Development Corp for Phase 4 of a 25-phase proposed mixed development.

The purchases, it said, are in line with its strategy of  acquiring land bank at locations near to its existing factories for investment or future expansion.

Sunway Dora is surrounded by the commercial hotspots in Bayan Baru, easily accessible F&B outlets as well as living necessities within the retail shops in the development as well as the surrounding areas.

To undertake concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang has been increased to RM12.

Arica is a 380-unit freehold serviced apartment development, offering unit built-ups ranging from 947 sq ft to 1,259 sq ft and priced from RM800,000.

The proposed Kulim airport "cannot be considered under current conditions”, said Anwar.

“In Penang, for example, the blanket ban that they proposed is probably a regulation that doesn’t make a lot of sense because there have to be ways in which challenges can be managed without an activity being banned, which is why we are suggesting that the existing Strata Management Act 2013 (SMA2013) be used at a building level to pass bylaws that are suited for the specific buildings instead.

The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.