Hunza and IJM Land go ahead with mega projects

By DAVID TAN

Work begins: Artist impression of The Light City. IJM Land is starting construction work for the RM4bil mixed development project.

TWO developers are executing their plans to develop multi-billion ringgit mixed-development mega projects this year despite a bleak property market outlook.

Hunza Properties Bhd is constructing the RM9bil Penang International Commercial City (PICC), dubbed the KLCC of the north.

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 , property

Next In Business News
Dollar reels on criminal probe into Powell, gold hits record high
Building costs rise in Dec 2025 on higher cement, sand - DoSM
Oil edge up as Iran supply risk counters Venezuela export resumption
Singapore will measure GIC, Temasek performance against mandates, not other funds, minister says
Lianson Fleet unit completes disposal of vessel for RM40.65mil
Plantations, banks lead KLCI rally
Matrix Concepts completes fourth round of food aid programme
Stocks wobble, dollar tips as Trump-Fed feud deepens
AIBIM appoints Rafe Haneef as president
Foreign investors turn net buyers with RM42.5mil equities inflow last week

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.