Sunway plans RM5bil projects in Penang


New landmark: Cheah and Sunway Property Development Division deputy managing director Tan Wee Bee with an artist’s impression of Sunway Property Anson.

GEORGE TOWN: Sunway Bhd will launch RM5bil worth of properties in Penang over the next eight years.

Sunway Property Development Division (Malaysia and Singapore) managing director Sarena Cheah said about 40% of them were long-term investment projects, which include hospitals, colleges and hotels.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Sunway

Next In Business News

Aeroline-Corus KLCC agreement ceases with hotel closure
Rupiah flirts with record lows on fiscal concerns, trade war risks
Asia's growing economic power shapes global derivatives market
Stocks, dollar take tariff hit; gold gets safety bid
Malaysian economy to stay resilient in 2026 on FDI, robust infrastructure investment- HSBC�
FBM KLCI slips as traders turn cautious on growing geopolitical tension
Bursa Malaysia suspends short-selling of SMRT due to price limit breach
SMRT's share price dives on sharp earnings downgrade
MAHB 2025 passenger traffic reaches 15.53mil as VM2026 kicks off
China's Q4 GDP growth slows to 3-year low, full-year pace meets official target

Others Also Read