Bintai Kinden Corporation Bhd has proposed to diversify into the property development and management business to reduce its reliance on the mechanical and electrical engineering business. Under the proposal, the company will undertake two mixed property development and management projects, namely “Holistica Melaka” and “Holistica Penang” with healthcare facilities and wellness services in Melaka and Penang.
Holistica Penang, with an estimated GDV of RM83.7 million is a lifestyle condotel development project in the heart of George Town. It is strategically located on a 0.6-acre land along Burma Road, adjacent to The Penang Chinese Chin Woo Athletic Accociation.
The proposed project will feature a 21-storey building with 98 condotel (condominium operated with hotel services) units.
Project Name : Holistica Penang
Location : George Town
Property Type : Hotel residence
Total Units : 98
Developer : Bintai Kinden Corporation Bhd
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.