Penang Government Rebrands Low-Cost And Medium-Cost Housing

GEORGE TOWN, Jan 19  — The DAP-led Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as affordable housing type A and medium-cost houses priced at RM72,500, as affordable housing type B. State Housing, … Read more

Annual Penang Property Summit From Jan 8-10, 2016

GEORGETOWN, Jan 5— The annual three- day Penang International Property Summit will be held at the Subterranean Penang International Convention and Exhibition Centre from Jan 8 to Jan 10. The summit would showcase 30 exhibitors and a conference on Jan 8 where 200 industry stakeholders are expected to attend. State Housing and Town and Country … Read more

Penang Gerakan: Investigate Rising Cost of Undersea Tunnel

The Malaysian Anti-Corruption Commission (MACC) should probe the ballooning cost of the proposed undersea tunnel and the related road projects under the Penang Transportation Master Plan (PTMP), according to Gerakan state liaison committee member H’ng Khoon Leng. In a report by The Star, he said the MACC should look into the RM305 million cost of … Read more

No Choice But To Reclaim Land To Fund Transport Plans In Penang, Says Guan Eng

GEORGE TOWN (Dec 30): Over the past seven years, the DAP-led Penang government has had to endure criticism from various quarters over many of the changes introduced in the state. Among them are the proposed undersea tunnel and highway projects and more recently, the proposal to reclaim more than 1,200ha fortwo man-made islands off the … Read more

Ewein Bhd To Buy Land In Penang For RM162 Million

PETALING JAYA, Dec 29: Property company Ewein Bhd’s unit Ewein Zenith II Sdn Bhd has inked a sale and purchase agreement (SPA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to buy 4.42 ha of land in Penang for RM162 million. Ewein Zenith II is a 60%-owned subsidiary of Ewein Land Sdn Bhd, a wholly-owned subsidiary of … Read more

Residents Near Penang Land Reclamation Project Fear The Worst

GEORGE TOWN (Dec 29): There are mixed feelings among Penang folk about land reclamation, especially the latest plan to create man-made islands off the southern coast of the island to finance the RM27 billion Penang Transport Master Plan (PTMP). Fishermen in the area are unhappy with the proposal by SRS Consortium Sdn Bhd to reclaim … Read more