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.