Sunway buys land in Selangor, Penang for RM180mil


KUALA LUMPUR: Sunway Bhd has acquired three land parcels in Selangor and Penang for RM179.8 million as part of efforts to replenish its development landbank and strengthen its future project pipeline.

In a statement today, the group said the acquisitions involved sites in Puchong and USJ 1 in Selangor, as well as George Town in Penang, with a combined land area of about 3.62 hectares and an estimated gross development value (GDV) exceeding RM1 billion.

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