News about Town

GEORGE TOWN (Dec 7): Penang Gerakan Youth questioned the state government about the restoration of derelict buildings along Victoria Street and Kimberly Street, here, Bernama reported today.

PETALING JAYA (Dec 2): MyTOWN Shopping Centre (MyTOWN), which will open for business on Feb 16 next year, is targeting to attract two million footfalls in its first month of operations.

PETALING JAYA (Dec 2): Hong Kong has the world’s highest rent for premium office space in 2016, taking a significant lead from two other global cities, London and New York, according to international real estate consultancy JLL.

KUALA LUMPUR (Nov 8): Penang-based Ivory Properties Group Bhd will jointly undertake the construction of sewage treatment plants on government and private land with Grand Uptown Sdn Bhd at a cost of RM49.

Sunway Real Estate Investment Trust (Oct 28, RM1.

Rented for: RM2,100 a month Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty When: Oct 15, 2016 Noteworthy: ● Leasehold ● Second floor of a 3-storey shopoffice, ● 1,800 sq ft ● Has a seaview ● Covered carpark ● Nearby amenities include F&B outlets, banks, mini market and auto mall ● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge The unit is located at Persiaran Karpal Singh, also known as Karpal Singh Drive, a seaside promenade in Bandar Sri Pinang, Jelutong Penang.

KUALA LUMPUR (Oct 24): When news broke on Sept 22 that MyTOWN, the newest shopping mall in Cheras, has postponed its opening date to the first quarter of next year from November this year, there was, surprisingly, little surprise in the market.

STANDING at the corner of Leith Street in George Town, Penang is the iconic indigo blue-walled Cheong Fatt Tze Blue Mansion.

PENANG Island’s pre-war properties continue to be a favourite among local and foreign investors, particularly Singaporeans, according to Henry Butcher Malaysia (Penang) Sdn Bhd.

THE Penang Cultural & Heritage Tour, which took place in July, was organised by the youth chapter of the Real Estate and Housing Developers’ Association (Rehda Youth).