KUALA LUMPUR: Agile Real Estate Development Sdn Bhd is set to launch its residential project valued at RM1.4bil on a 4.05ha site in Mont’Kiara on Jan 9.
The project, consisting of 11 towers of low- and high-rise structures, was scheduled for completion in 2019, it said in a statement on Tuesday.
Agile Real Estate Development is a wholly-owned subsidiary of Agile Property Holdings Ltd, a leading integrated property developer in China.
Agile Property Holdings is listed on the Main Board of the Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Composite Index.
Agile said the 4.05ha land was acquired from PJ Development Bhd, which has a 30% stake in the international project, which is Agile group’s first outside China.
The group has over 90 projects in its diversified portfolio. - Bernama
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