In celebration of the 100th anniversary of Penang Hill funicular railway, the iconic Air Itam roundabout has been beautifully decorated to mark this significant centenary milestone. The successful commemoration was made possible through the collaborative efforts of Air Itam assemblyman Joseph Ng, the Penang Hill Corporation (PHC), and the OHM ... Read More

Penang has unveiled a new committee, called HOPE (Housing Outcome Performance Committee) under the state Housing Board, to streamline the process of offering affordable housing units. Datuk Seri Sundarajoo Somu, the state executive councillor in charge of Housing and Environment, announced that HOPE was established to ensure the execution of housing ... Read More

After 50 years, the Penang ferry service will see a RM100mil makeover, including the arrival of a fleet of four new ferries costing RM16mil each. Penang Port Sdn Bhd (PPSB) chief executive officer Datuk Sasedharan Vasudevan said the terminal upgrade on the island and mainland were expected to be completed ... Read More

Penang will seek the help of new Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican to provide affordable housing for its people and also an allocation of RM100 million for its maintenance programme for 2022. State Local Government, Housing, Town and Country Committee chairman Jagdeep Singh Deo said ... Read More

The Federal Government has withdrawn its RM100 million allocation for the development of a cable car system on Penang Hill. Chief Minister Chow Kon Yeow expressed his disappointment over the Federal Government’s decision. “The withdrawal of allocation would not only affect the continuity of the hill’s development plan, but also ... Read More

Malaysia’s best-selling property magazine, Property Insight has revealed its inaugural ‘Malaysia’s Top 100 Property Developer Brand’ ranking in collaboration with Acorn Marketing & Research Consultants (M) Sdn Bhd (Acorn Marketing). Acorn Marketing is the leading market research company and the largest independent Asian Marketing research and consultancy group across the ... Read More

The Penang Hill cable car project, which received RM100mil allocation from the Federal Government in yesterday’s budget announcement, will be nothing short of world class. Penang Hill Corporation (PHC) general manager Datuk L.L. Cheok said only the best and latest technologies in the world would be used to ensure safety ... Read More

There will be colour at the dilapidated Sia Boey Market in George Town this Sunday when the Penang government launches its RM100 million Sia Boey: Reborn project. Chief Minister Lim Guan Eng said the 5.5-acre project will regenerate and rejuvenate the market, the long-neglected Prangin Canal and its vicinity, and transform the area ... Read More

Property developer, Hua Yang Bhd, plans to raise RM100 million capital to fund its land acquisition activities this year. Chief executive officer Ho Wen Yan said the amount was three times the size of capital expenditure (capex) spent last year for buying land. "With the RM100 million capex, we are ... Read More

KUALA LUMPUR: Young working adults can now buy themselves a new home without having to pay a sen in down payment.Those earning less than RM3,000 a month can obtain up to 100% financing to buy their first home under a new scheme launched yesterday.The My First Home Scheme, launched by ... Read More