News about plan

THE Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners.

PETALING JAYA  (April 20): The Federation of Malaysian Consumers  Associations (Fomca) backs the National Union of Bank Employees' (NUBE) plan of interest-free housing loans for its members in the middle- and lower-income segments, Bernama reported today.

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.

KUALA LUMPUR (April 13): Malaysia Property Inc (MPI) has ceased operations as it has accomplished its objective of managing the property overhang issue and in branding Malaysia's real estate sector overseas, the government said today.

KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.

GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).

•    While the Sentul Masterplan urban renewal continues, the rest of the neighbourhood remains a low to mid-end market, comprising primarily dated apartments and condominiums.

THE Penang housing market will see houses on the secondary market and in new projects priced below RM450,000 hogging the limelight in the coming months, says Raine & Horne International Zaki + Partners director Michael Geh (pictured, below).

KUALA LUMPUR (Feb 24): Genting Malaysia Bhd (Genting Malaysia) is raising its investment to RM10.

GEORGE TOWN (Feb 18): Remedial measures must be taken to ease traffic congestion before other stages of the RM27 billion Penang Transport Master Plan can begin, according to chief minister Lim Guan Eng (pictured).