First Penang property project for GUH


Group managing director Datuk Kenneth H

GEORGE TOWN: GUH Holdings Bhd is planning the initial launch of an RM238mil residential project in south Seberang Prai next year following the acquisition of a 46-acre land bank for RM69.68mil in Simpang Ampat.

Group managing director Datuk Kenneth H’ng told StarBiz that the project, comprising 322 units of landed properties on 16 acres or about 35% of the 46-acre site, had been approved by the local authorities.

Get 20% OFF The Star Digital Access

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 , GUH

Next In Business News

Tech stocks rally on optimism over US-China AI-related discussions at Beijing summit
Ringgit snaps seven-day rally ahead of 1Q GDP data
Bursa Malaysia to remain range-pound pending concrete developments from Trump-Xi summit
Trading ideas: Media, EG, Fima, Gas, Destini, Maxland, Country Heights, Public Bank, Duopharma, Keyfield, Ranhill, AirAsia X, Alam Maritim, Sentral REIT, Petra
SIA net profit falls to $1.18bil in FY26, warns major headwinds from Middle East conflict
Destini bags major job from PETRONAS
Eneos snaps up Chevron’s Asia oil assets
Sentral-REIT net income inches up to RM20mil
Commonwealth Bank shares drop
US clears chip sales to 10 China firms as Nvidia eyes breakthrough

Others Also Read