Penang World City – PWC Project in Bayan

Penang World City is a billion dollar mixed development project with residential units, shopping mall, office suites, office tower, hotel, retail spaces and open mall with boulevard.

Under the revised guidelines of 2010, developers have to allocate 5% of the total units in a development scheme to be priced at RM200,000, 10% to be priced at RM300,000, and another 5% not exceeding RM500,000. “Investors from China, Japan and Korea, for instance, are very much interested in coming to Penang, particularly in the next two to three years. To date, about RM22mil or 2% had been paid as earnest deposit for the land.

http://propertymalaysiaguru.blogspot.com/2012/08/penang-world-city-pwc-project-in-bayan.html

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