News about Penang

PETALING JAYA (April 26): Despite its weak performance last year, Penang's property market outlook is still promising, according to the National Property Information Centre (Napic).

PENANG-BASED property developer Belleview Sdn Bhd is said to be seeking a buyer for its Aman Central shopping mall in Alor Setar, Kedah.

DEPUTY Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year.

KUALA LUMPUR (April 19): Perbadanan PR1MA Malaysia said all its Penang project plans are priced at an average of 20% below market prices in surrounding areas and in line with the state’s planning guidelines.

PETALING JAYA (April 15): Sunway Bhd is launching its third and final phase of properties at this Sunday in its Sunway Cassia residential development in Batu Maung, Penang this Sunday.

KULIM (April 15): The proposed Kulim International Airport (code-named KXP) is back to being a full-fledged passenger and cargo airport in the final proposal to be submitted by the Kedah government to the prime minister in the third quarter of 2016.

SHAH ALAM (April 14): Only World Group Holdings Bhd (OWG) has signed a memorandum of understanding (MoU) with the owner of Grand Imperial Restaurant to operate the luxury Chinese cuisine restaurant and banquet hall services at Komtar Tower, Penang.

CAPTAIN Francis Light founded Penang in 1786 when he convinced the Sultan of Kedah, whose territory it was at the time, to cede the island to the British.

MORE than a decade of experience in corporate sales has stood City Crest Realtors principal Darren Khor in good stead.

PETALING JAYA (April 8): It is not every day that you find a home with a sea view, and this privilege often comes at a premium.