Tuesday, July 22, 2008

MRCB to buy land in Penang....Ferringhi Villa owners your view.......

MALAYSIAN Resources Corporation Bhd (MRCB) plans to acquire a freehold land in Penang for RM26 million. MRCB entered into a sales and purchase agreement with MBSB Development yesterday to purchase the beach-front land measuring 13,533 sq metres. The land, located near Bayview Hotel and opposite to Ferringhi Villa, will be used by MRCB to develop high-end apartments.

1 comment:

Anonymous said...

what is the latest development of this project? on hold?