Prime land: An aerial view of Penang Turf Club valued at RM3bil is currently up for sale. — CHAN BOON KAI/The Star
A spokesman for the property company elaborated on the tender, saying there is no reserve price for the sale. The PTC land, with its prime location and extensive size, has attracted substantial interest from both local and foreign developers. “We have reached out to our international clients in Singapore, China, Hong Kong, and Indonesia, inviting them to participate in the tender,” he said.
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