Mutiara Land Builders Sdn Bhd

Malaysian company 1 news story

Penang-based property company that won an open tender to lease two Penang Island City Council (MBPP)-owned heritage buildings in George Town — in Kampung Kolam and Mount Erskine — for restoration and commercial/education use under a 15+15+15-year lease structure.

24 Aug 2026 · Development

MBPP leases two derelict George Town heritage buildings for close to RM3.88mil over 45 years

Penang Island City Council has awarded a 45-year, tenant-funded restoration lease on a condemned Kampung Kolam shophouse row and a Mount Erskine bungalow — a template worth knowing…

Mutiara Land Builders Sdn BhdPenang Island City Council (MBPP)

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