News & Articles Hunza Properties to launch RM2.2 bln worth of projects in the next few years
Hunza Properties to launch RM2.2 bln worth of projects in the next few years
10 Jan 2023
Penang-based developer Hunza Properties Bhd intends to launch several projects with a combined gross development value of RM2.2 billion in the next few years says its group executive director Khor Tze Ming.
According to Khor, the company would introduce Phase 2B at Penang International Commercial City (PICC), which will have three towers with serviced apartments and commercial space.
Phase 2B, also known as SENZE @ PICC, will witness the building of 1,678 units with a GDV of RM1.5 billion, reported Bernama.
Khor said MUZE, the company's first residential project at PICC will be completed within the next few months.
She was speaking after the group's 45th-anniversary logo and theme unveiling last week.
"Seberang Prai is the future of Penang and we have the RM190 million Mekarsari Unggul development in Bandar Putra Bertam," Khor said.
In Sungai Petani, Kedah, Hunza will launch Phase 3C of Taman Seri Bayu II with a GDV of RM80 million.
According to Khor, the company has a joint development agreement with the Penang State Housing Board to construct The Millennia at Bayan Lepas, an affordable housing project with a GDV of RM429 million.
Meanwhile, Hunza's group managing director Datuk Khor Siang Gin said Gurney Paragon Mall is undergoing a makeover to provide customers with new experiences.
He said that along with the volume of tourists, foot traffic is gradually increasing.
"Our occupancy rate will be recording significant growth with the entrance of first-time brands into Gurney Paragon Mall such as Decathlon from France and NITORI from Japan. They will make their debuts in the northern region of Malaysia," he said.
According to Khor, the company would introduce Phase 2B at Penang International Commercial City (PICC), which will have three towers with serviced apartments and commercial space.
Phase 2B, also known as SENZE @ PICC, will witness the building of 1,678 units with a GDV of RM1.5 billion, reported Bernama.
Khor said MUZE, the company's first residential project at PICC will be completed within the next few months.
She was speaking after the group's 45th-anniversary logo and theme unveiling last week.
"Seberang Prai is the future of Penang and we have the RM190 million Mekarsari Unggul development in Bandar Putra Bertam," Khor said.
In Sungai Petani, Kedah, Hunza will launch Phase 3C of Taman Seri Bayu II with a GDV of RM80 million.
According to Khor, the company has a joint development agreement with the Penang State Housing Board to construct The Millennia at Bayan Lepas, an affordable housing project with a GDV of RM429 million.
Meanwhile, Hunza's group managing director Datuk Khor Siang Gin said Gurney Paragon Mall is undergoing a makeover to provide customers with new experiences.
He said that along with the volume of tourists, foot traffic is gradually increasing.
"Our occupancy rate will be recording significant growth with the entrance of first-time brands into Gurney Paragon Mall such as Decathlon from France and NITORI from Japan. They will make their debuts in the northern region of Malaysia," he said.
Source: NST.com.my
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