Scientex to deliver 50,000 homes by 2028


PENANG: Scientex Bhd’s property division has targeted to deliver 50,000 units of affordable homes by 2028 to benefit more than 300,000 Malaysians.

Its property division chief operating officer Datuk Alex Khaw Giet Thye yesterday said Scientex had already delivered more than 22,000 affordable homes priced below RM500,000 nationwide.

He also said the company had acquired a total land bank of 2,374.857 hectares spread over 25 prime locations in Peninsular Malaysia.

“Out of the total land bank, we have 72.718ha of prime freehold land in Tasek Gelugor, Penang, offering a total of 2,332 units of affordable double storey terrace houses. -- Bernama

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