Hua Yang Bhd plans a mixed development project on 4.9 acres in Penang with a gross development value of RM242.8mil.
It said in a filing with Bursa Malaysia yesterday that it had signed a conditional agreement with Goldentime Project Sdn Bhd to buy the freehold land for RM21.98mil.
Hua Yang proposed to develop 720 service apartments and 36 shoplots on the land.
3 comments
Anyone knows where this project will be? Which area of Penang?
Typical Malaysia .Secrecy the norm. Except between the beneficiaries !
In Bukit Mertajam