SPNB – Penor Township Development – Pahang - Project Profile
"SPNB – Penor Township Development – Pahang - 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 "SPNB – Penor Township Development – Pahang - 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.
Syarikat Perumahan Negara Berhad (SPNB), through its subsidiary SPNB Mesra Sdn Bhd (SPNB Mesra), is planning to undertake a residential township in Kuantan, Pahang, Malaysia.
The project involves the construction of a township comprising 5,000 dwellings on 202ha of land. It includes the construction of a community centre, retail units, parking and other related facilities.
On April 22, 2014, Platinum JV Developments Sdn Bhd (PJVD) was acknowledged as principal developer for the project.
In December 2014, SPNB and PJVD submitted a development plan to the Ministry of Finance for approval.
In October 2016, Ministry of Finance said it will allocate US$48 million to SPNB and US$4,786 per unit (US$24 million) as the subsidy for the development of the project.
In March 2017, SPNB secured approvals for 192 units to be built in the Bukit Gantang parliamentary constituency.
The project involves the construction of a residential township comprising 5,000 dwellings on 202ha of land in Kuantan, Malaysia.
The US$622 million project includes the following:
1. Construction of a community center
2. Construction of retail units
3. Construction of parking and related facilitiesReasons To Buy