SP – Sunway Valley City Mixed-Use Development – Penang - Project Profile

SP – Sunway Valley City Mixed-Use Development – Penang - Project Profile

Synopsis

"SP – Sunway Valley City Mixed-Use Development – Penang - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "SP – Sunway Valley City Mixed-Use Development – Penang - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Sunway Property (SP) is planning to build a mixed-use community in Paya Terubong, Penang, Malaysia.

The project involves the construction of a mixed-use community on 9.71ha of land. it will be developed in different stages.

The first stage involves construction of a 14-story commercial tower in which Shop office (Level 1-7, 457 units), Office Suites (Level 5-14, 120 units).The second stage involves construction of two 41-story serviced apartments which consists of Block A (368 units) and Block B (368 units).

The third stage involves construction of a 40-story commercial building and 32-story office suites and the fourth stage involves construction of 12-story office building. It includes the construction of a community center, parking and related facilities.

Construction is expected to commence in the third quarter of 2017.

Scope

The project involves the construction of a mixed-use community on 9.71ha of land in Paya Terubong, Penang, Malaysia.

The US$518 million project includes the following:

1. Construction of 14-story commercial tower

2. Construction of two 41-story serviced apartments

3. Construction of a 40-story commercial building

4. Construction of 32-story office suites

5. Construction of 12-story office building

6. Construction of a community center

7. Construction of parking facilities

8. Construction of related facilities

Reasons To Buy

• Gain insight into the project.
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• Identify key project contacts.