The 44 acres of land for the Escape Theme Park near the Teluk Bahang Dam is being leased from the Penang Water Authority (PBAPP) for RM39m in total rentals.
According to a reliable source, the award of reclaimed land as payment-in-kind to the builder of the Gurney Drive-Bagan Ajam tunnel will not involve any additional reclaimed land beyond what had already been approved and provided for earlier.
A light rail or tramway once extended from the Weld Quay jetty to Penang Hill via Air Itam Road. A tram probably along Air Itam Road before 1930 - Photograph from Ric Francis, also published in his book Penang Trams, Trolleybuses and Railways
There is no let-up in the development frenzy in Penang. The MPPP has approved a 44-acre RM120m theme park near the Teluk Bahang Dam. The Escape theme park in Teluk Bahang
The Penang government plans to hand over more super-prime sea-front land to corporations as part of a swap deal to finance the controversial proposed RM5-8bn 6.5km tunnel from Gurney Drive to Bagan Ajam.
Wearing an ‘Occupy with Aloha’ T-shirt, Hawaiian recording artist Makana crooned protest songs for 45 minutes during a top-security Apec dinner for world leaders in Honolulu.
Ivory Properties Group Bhd is entering into a 51:49 joint venture with Dijaya Corporation Bhd to develop 103 acres of super-prime Bayan Mutiara sea-front land that it is acquiring from PDC for RM1.1bn or RM240psf. The Bayan Mutiara project - Graphic: Kwong Wah
US tax authorities are probing whether a Swiss bank has helped Americans evade tax. Similarly, the Malaysian tax authorities should request data about the foreign bank accounts of Malaysians.
This is the third time the (toy?) monorail has been hit by problems since it was launched last October to mark Malacca being accorded “developed state” status. Two British tourists being rescued after the Malacca monorail ground to a halt on 1 November 2011 - Photograph: The Star
