I-Bhd looks to expand land bank

I-City is a mixed development strategy where about 30% of the land is owned by I-Bhd with the balance developed as a joint venture with the land owner, which is also I-Bhd founder and executive chairman Tan Sri Lim Kim Hong.

PETALING JAYA: Property developer I-Bhd is looking at expanding its land bank for its next phase of development as its existing land in Shah Alam that houses its iconic i-City is down to 40%.

Deputy chairman Datuk Eu Hong Chew said that i-City has used up 20% of its land while another 40% is still being developed.