MAINPP, PERDA collaborate to develop RMM project on Bayan Lepas waqf land

Penang Property Talk

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Wakaf MAINPP and PVISB to develop affordable housing on Wakaf Land

Wakaf Majlis Agama Islam Negeri Pulau Pinang (Wakaf MAINPP) and Perda Ventures Incorporated Sdn. Bhd. (PVISB) have signed a memorandum of understanding (MoU) to develop wakaf land at Lot 60, Mukim 11, Bayan Lepas. The project will include the construction of 510 affordable housing units and 12 commercial lots, with an estimated value of RM170.1 million on the one-hectare site. According to Deputy Chief Minister I, Dato’ Dr. Mohamad Abdul Hamid, …

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TELUK BAHANG – The Penang Islamic Religious Council (MAINPP) Wakaf and Perda Ventures Incorporated Sdn. Bhd. (PVISB) signed a memorandum of understanding (MoU) to develop wakaf land in Lot 60 Mukim 11, Bayan Lepas. The MoU will involve the development of a total of 510 affordable housing units (RMM) and 12 commercial units worth RM170.1 million on the land...