Penang’s RM27bil impact, property companies to benefit from masterplan


The Penang transport Master Plan is set to improve accessibility and spur further gains in the state

PETALING JAYA: Major construction and property players with projects in Penang are set to be major beneficiaries of the state government’s RM27bil transport masterplan.

The Penang Transport Master Plan (PTMP) is set to improve accessibility and spur further gains in its vibrant property market, said AmResearch in a report yesterday, adding that the Government’s various initiatives would create significant infrastructure opportunities for Malaysian contractors.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , ptmp , penang , property , master , plan , construction ,

Next In Business News

Shell Malaysia to prioritise fuel supply continuity across retail network
Axteria to acquire 80% stake in Niaga Sari for RM35mil
Government to explore privatisation of two highway projects
Puncak Niaga’s Rozali to step down as executive chairman
ARKA to dispose 40% interest in Enfrasys Solutions for RM43mil
Ringgit closed mostly higher against major currencies, slightly lower versus US dollar
Hong Seng to recoup RM63.6mil debt with 184 Kajang apartments
Teraju introduces new fund to accelerate scaling of Bumiputera companies in Sabah
Crescendo disposes of Johor land for RM347mil
MCE to acquire 50% stake in FP Project for RM1.9mil

Others Also Read