News about plan

•    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).

GEORGE TOWN (Feb 3): The Penang government will be publicly disclosing its land reclamation agreements in Bayan Mutiara and Pantai Jerejak which were inked by the present administration.

KUALA LUMPUR (Jan 15): Ewein Bhd's 60%-owned subsidiary Ewein Zenith Sdn Bhd (EZ) has been granted the right to acquire three parcels of land at Bandar Tanjong Pinang, Penang for a total of RM2.

Genting Malaysia Bhd (Jan 14, RM4.

KUALA LUMPUR (Jan 12): Tan Sri Dr Abd Wahab Maskan, 65, has ceased to be the chief operating officer (COO) of Sime Darby Bhd, with effect from Dec 31, 2015, due to his health and medical condition.

  KUALA LUMPUR: Consortium Zenith BUCG Sdn Bhd (CZBUCG), the main contractor for the RM6.

GEORGE TOWN (Jan 8): The final cost of the Penang Transport Master Plan (PTMP) could balloon to more than the estimated RM27 billion once all the plans — including for the elevated rail system alignment — and the relevant detailed studies are completed, with federal approvals obtained.