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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
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

Diverse fortunes of consumer stocks
Caught in the middle of chip war
QL-backed BM GreenTech ups its game
Liquidity, policy and Trump
Targeting a Swift recovery
M&As continue to pick up speed
Tightening up SMA 2013
A great year to renovate
Drone property photography: Is it legal?
Ringgit likely to trade at around 4.50 against US dollar next week

Others Also Read