The validity of the letter of award to the Gamuda Bhd-led consortium chosen as project delivery partner for the RM46 billion Penang Transport Master Plan has been extended till Aug 31.

Gamuda Land, the property arm of Gamuda Bhd, is celebrating the Lunar New Year by giving away 2,017 Touch ‘n Go cards that have been preloaded with RM30, starting Feb 2 to 5.

Nothing feels more refreshing than when one is outdoors, relaxing under a shade as a gentle breeze flows, breathing in the fresh air and listening to the hum of nature. There is no denying that a nice and green landscaped environment can bring life to a living space and take residential living up a notch.

Despite a slow property market, the sector continues to attract investment from China. China Communications Construction Company Ltd (CCCC) — the largest port construction and dredging company in China — will soon follow its peers, such as China Railway Engineering Corp, in venturing into property development in Malaysia.

Gamuda Land plans to launch its 810-acre Gamuda Gardens township development soon after the Chinese Lunar New Year.

To help set us on our way in our property investment quest in 2017, TheEdgeProperty.com asked 20 real estate consultants, agents and negotiators to tell us their choice of the best property investment locations in Greater Kuala Lumpur and Klang Valley for 2017.

The project delivery partner (PDP) for Klang Valley mass rapid transport (MRT) Line 1 yesterday confirmed that the RM21 billion cited by the government as the project’s total cost excluded “other associated costs”.

MRT 2 will begin works next year.

State local government, transportation and flood mitigation committee chairman Chow Kon Yeow said the state and Gamuda-led SRS Consortium, which appointed consultants Dr Nik & Associates Sdn Bhd to prepare the reports, abided by law when conducting the detailed environmental impact assessments (DEIAs).

The PTMP is expected to kick off the first phase of development involving reclamation, light rail transit and the highway in the first quarter of 2018 following the approvals from the federal government.