Tan & Tan in RM617mil joint venture with Japan’s MJR to develop KL property


PETALING JAYA: IGB Corp Bhd subsidiary Tan & Tan Developments Bhd will jointly develop a 41-storey serviced apartment on 0.6ha in Lorong Stonor, Kuala Lumpur, with Japan-based Mitsubishi Jisho Residence Co Ltd (MJR). The project will have an estimated gross development value of RM617mil.

In a filing with Bursa Malaysia yesterday, IGB said the single-block project comprised 400 apartment units.

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