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.