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Penang Creating Another Island

Author: Bill Barnett. Category: Real Estate. Posted: 8th Jul 2014

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The nearby Malaysian destination of Penang is planning a new mega island expansion.

Developed by Eastern and Oriental, the two-phase project will see the creation of a new 308-hectare island,

Named Seri Tanjung Pinang, the two-phase project is aimed at offering residential elements, a marina and retail components.

Much of the focus of the long-term 20-year plan is to attract Singaporean property buyers.

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