PETALING JAYA: Eastern & Oriental Bhd
(E&O) intends to launch more projects in Penang in the near future, spurred by strong response to the group’s “The Meg” development.
The property developer said the high take-up rate achieved of more than 80% for The Meg since it started previewing in January 2022 reflected the strategic location of Andaman Island, Penang, and its ability to deliver the right product for the market.
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