Sunway to launch RM5bil GDV projects in Penang

Sunway Property managing director, property development division for Malaysia and Singapore, Sarena Cheah

GEORGE TOWN: Sunway Bhd is set to launch various projects with a total gross development value (GDV) of RM5bil in Penang over the next 10 years.

Sunway Bhd Property Division for Malaysia and Singapore managing director Sarena Cheah said of the amount, about RM2bil would be for long-term investment projects, including malls 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 , property , Sarena Cheah , construction , Penang ,

Next In Business News
Traders start 2026 by locking in gains
Ringgit starts 2026 firmer on weaker greenback
Sarawak complete acquisition of MASwings
Trading ideas: Capital A, Axis REIT, LFE, Camaroe, NCT, CJ Century, TSH, BAT, Berjaya Assts, MSC, SE Resources
European stocks clinch best year since 2021�
Xi promises more proactive macro policies
Gold futures end 2025 easier, in sync with Comex�
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Washington approves TSMC chip shipments to China
Oyo Hotels’ parent files confidential IPO in India

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.