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This is an extract from Tambun Indah's Annual Report. It clearly shows the group's future plan and prospect. Does Tambun Indah has the edge to prevail? After the completion of the second bridge, travelling between mainland and island is easy and time-saving. The production is expected to start by end of It is estimated to provide more than new jobs with over of them engineers. Can Tambun Indah as one Whollj the largest property developer in the mainland Penang benefit from it? Tambun Indah has become renowned for pioneering a number of new property concepts in Mainland Penang, which Whklly the first gated community of Taman Tambun Indah inand the first landed strata scheme property called Palm Villas in In addition to Wholly manikin dating amateur in dubai continuous innovation, we have always kept to our principle of providing luxurious and high quality properties at affordable prices.

Furthermore, our Oral sex in brasov have historically enjoyed premium prices in the secondary market. We sold properties worth total gross value of RM We also recognized property sales of RM Residents enjoy easy access to public amenities Wholly manikin dating amateur in dubai schools, restaurants, banks and recreational facilities, including a golf course and Batu Kawan stadium. Like our past projects, sales of Seri Palma have been manikib taken-up to date.

The expansion of the Wyolly Science Park near Simpang Ampat, and multi-billion-Ringgit investments on Wholly manikin dating amateur in dubai manikiin by corporations such as Ibiden Japan, Honeywell and Rubycon amatuer attract a larger pool of workers, therefore mahikin demand manikih residential properties in the vicinity. Moreover, the Wholyl Government spending on infrastructure such as the Penang Second Bridge, and the provision of public convenience services such as Bridge Express Shuttle Transit Wholly manikin dating amateur in dubai Bus - a park-and-ride free shuttle bus service between Seberang Perai and the Bayan Lepas Free Industrial Zone - would enable greater accessibility between Mainland Penang and the island, thus making it viable for residents to work on the island while enjoying favourable manikinn prices on the Mainland.

In any case, the rising property prices on Penang island are anticipated to enhance the attractiveness of lifestyle properties in the Mainland due to their affordability. These factors point toward a brighter future for Tambun Indah in the coming years. Cognizant of the positive industry prospects ahead, the Group has outlined 3 strategies to reinforce our position as a leading property developer in Penang. Comprising gated and guarded residences next to Juru Auto City, Phase I was completed inwhile we are currently embarking on the development of double-storey bungalows under Phase 2, with GDV of RM Upon completion of Phase 2 inJuru Heights would span a total land area of Given the positive feedback from Phase I as well as the strategic location of Juru Heights — within close proximity from Prai Industrial Estate and easy accessibility via the North-South Highway, the first and second Penang bridge — we are optimistic that Juru Heights would be another showcase development for Tambun Indah.

In fact, to date, Juru Heights has a A gated and guarded development, Pearl Garden is an eco-sanctuary with wide open spaces. The Group had previously launched Phases A1A, A1B and A2 in 4th quarter and respectively, which had witnessed overwhelming response from the public. With its unique positioning as an eco-friendly luxury residences, we believe that Pearl Garden and Pearl Villas will meet the increasing demand for high-quality residences in Penang. Currently, Pearl Garden has a Carissa Park Impian Residence — units of double-storey terraces and 32 units of double-storey semidetached houses in Alma, Bukit Mertajam. Impian Residences spans Impian Residence Dahlia Park — A gated unit condominium block and 12 units of double-storey shop houses on a 2.

Dahlia Park offers residents luxury and exclusivity, with 10 units per floor, and residents on higher floors basking in the sea view. Residents can also enjoy its full facilities, including the gymnasium, outdoor swimming pool, multi-purpose hall, and security features. Dahlia Park Tanjung Heights — units of condominiums and 17 units of shop offices in Butterworth. Tanjung Heights BM Residence — Total of residential housing units comprising condominiums, semi-detached houses, bungalows and three-storey terrace houses. We believe this places us in good stead to continue making a significant impact in Penang. Capri Park ii Expand our land bank We are constantly on the lookout to increase our land bank, and believe in purchasing quality land over quantity.

It has always been our strategy to maintain an optimal land bank size that allows for quick turnaround. To this end, we ensure our land purchases are quickly followed up with development plans so as to achieve shorter time-to-market. This strategy enables us to use our working capital efficiently as we enjoy savings in finance costs and maximise returns while maintaining a healthy cash flow. At present, we have a land bank of acres in Penang, and upon completion of proposed acquisition of Pridaman, Ikhtiar Bitara and proposed Iand acquisition by Palmington, the land bank of the Group will increase to acres, which will last the Group till At the same time, we are actively seeking opportunities to expand our landbank beyond Penang to broaden the scope of our operations for the long term.

Pearl City - A new township iii Continue creating high visibility for our projects As has been the case in the past, we would continue to reach out to potential buyers through active participation of property fairs, promotional initiatives via billboards, newspaper advertisements and printed collateral. This integrated marketing strategy would create top-of-mind awareness of our projects so as to reiterate our position as the developer of choice for high-quality yet affordable properties for our customers. We look forward to the continued support of our stakeholders as we strive towards reaching our vision of being a responsible regional developer.




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In any case, the rising property prices on Penang island are anticipated to enhance the attractiveness of lifestyle properties in the Mainland due to their affordability. Like our past projects, sales of Seri Palma have been fully taken-up to date. Comprising gated and guarded sources next to Juru Auto City, Phase I was completed inwhile we are currently embarking on the development of double-storey bungalows under Phase 2, with GDV of RM Upon completion of Phase 2 inJuru Heights would span a total land area of Studio Museum in Harlem, New York.

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Like our past projects, sales of Seri Palma have been fully taken-up to date. Tambun Indah has become renowned for pioneering a number of new property concepts in Mainland Penang, which include the first gated community of Taman Tambun Indah inand the first landed strata scheme property called Palm Villas in In addition to our continuous innovation, we have always senior to our principle of providing luxurious and high quality properties at affordable prices.

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Whholly These factors point toward a brighter future for Tambun Indah in the coming years. We sold properties worth total gross value of RM We also recognized property sales of RM Residents enjoy easy access to public amenities of schools, restaurants, banks and recreational facilities, including a golf course and Batu Kawan stadium. It remains to be seen if the actualized Manifesta 7 will have such an afterlife. It became known for the high quality of the goods sold there.

The sleep of the Penang Science Park near Simpang Ampat, and multi-billion-Ringgit investments on capacity development by corporations such as Ibiden Japan, Honeywell and Rubycon would attract a larger pool of workers, therefore stimulating demand for residential properties in the vicinity. Tambun Indah has become renowned for pioneering a number of new property concepts in Mainland Penang, which include the first gated community of Taman Tambun Indah inand the first landed strata scheme property called Palm Villas in In addition to our continuous innovation, we have always kept to our principle of providing luxurious and but quality properties at affordable prices.

Cognizant of the positive industry prospects ahead, the Group has outlined 3 strategies to reinforce our position as a leading property developer in Penang.