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Tambun Indah Buys RM39.4 Million Land
  • Tambun Indah Land has expanded its landbank further by buying a 19.1 acre land in Kota Permai, Bukit Mertajam for RM39.4 million.
  • The group will have an available undeveloped landbank to 472 acres, which will sustain the group for approximately six to seven years.
  • The land acquisition was timely, as Mainland Penang property market held tremendous potential for growth in tandem with the increasing number of infrastructure initiatives.

Significance: The group is also focusing their efforts on building up the recreational aspects in flagship Pearl City township, alongside with the ongoing landbank expansion strategy.

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