Penang Bike Share

Penang Bike Share is a private initiative to provide bicycle sharing within the city of George Town, Penang. The company won a Request for Proposal (RFP) (which was opened from 31 December 2013 to 7 April 2014) from the Penang State Government to design, operate and maintain a bicycle-sharing system.

When the system is in place, Penang Bike Share will install 25 bicycle stations throughout the inner city of George Town. The company is given a 12-year concession. The cost to plan, prepare, operate and maintain the system is expected to cost RM9.2 million. This includes an operation cost of RM750,000 per year.

Penang Bike Share is provided a concession-free period of six years to develop the system and grow it to maturity. Thereafter, the company has to pay MPPP RM100,000 for Year 7, RM200,000 for Year 8 and RM300,000 per year for Years 9, 10, 11 and 12. Based on the performance of the service and system, the Council has the option whether or not to renew the concession after the period is ended.

Penang Bike Share intends to make rental of bicycles simply by offering various modes of payment including prepaid bike pass, credit card and Mobile App. It would be a good idea if the Touch 'n Go stored value smartcards can be used for bicycle rentals here.

According to The Star, the bicycle share project is expected to be operational only from May 2015. If all goes to plan, it will be ready for the 2015 George Town Festival.

List of Bicycle Shops in Penang

Private Guided Tours of Penang

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 Buy, rent or sell properties in Penang

Do you have a property for sale or to rent out? Are you looking to buy or rent a property? Get in touch with me. WhatsApp me (Timothy Tye) at 012 429 9844, and I will assign one of my property agents to serve you. I will choose the agent for you, according to your property needs. So when you message me, provide me some details of what you need, whether to sell, to buy, to rent or to rent out, and what type of property, is it condo, apartment, house, shop, office or land.

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Map of Roads in Penang

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Disclaimer

Please use the information on this page as guidance only. The author endeavours to update the information on this page from time to time, but regrets any inaccuracies if there be any.

Songs about Penang

About this website

Hello and thanks for reading this page. My name is Timothy and my hobby is in describing places so that I can share the information with the general public. My website has become the go to site for a lot of people including students, teachers, journalists, etc. whenever they seek information on places, particularly those in Malaysia and Singapore. I have been doing this since 5 January 2003, for over twenty years already. You can read about me at Discover Timothy. By now I have compiled information on thousands of places, mostly in Peninsular Malaysia and Singapore, and I continue to add more almost every day. My goal is to describe every street in every town in Malaysia and Singapore.