Prasarana plans to unveil RM1.1bil property development at LRT extension


KUALA LUMPUR: Syarikat Prasarana Negara Bhd, the state-owned public transport owner and operator, will announce two more mixed property development deals estimated to be worth RM1.1bil located along its light rail transit (LRT) extension project in Awan Besar and Puchong by the middle of this year.

Besides these two locations, there are 11 more parcels of land earmarked for property development along its future and existing LRT stations, envisaged to boost its non-fare segment revenue.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Business , Syarikat Prasarana

Next In Business News

PUNB appoints Rastam Mohd Isa as new chairman
Hong Kong stocks start 2026 strong on tech rally
Bursa Malaysia ends morning sessions lower
Kenanga IB maintains 2025 growth forecast at 4.8%
Pekat subsidiary bags RM113.31mil TNB contract
Singapore economy grows 5.7% in 4Q25
Chin Hin Group Property enters 2026 with RM2.3bil unbilled sales
Asia's factories end 2025 on firmer footing as orders pick up
Malaysia's Dec PMI remains at 50.1, unchanged from November - S&P Global
Oil edges higher following biggest annual loss since 2020

Others Also Read