RM4.5bil worth of property to be developed in Penang


GEORGE TOWN: Kuala Lumpur and Penang-based developers will develop RM4.56bil worth of residential and commercial projects in Penang this year amid a challenging environment where the domestic property market is expected to soften.

About RM1.86bil worth of residential and commercial projects are being planned in the mainland – Seberang Prai – while the remaining RM2.7bil will be launched on the island.

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