Listari in Malacca mixed development project


PETALING JAYA: Little-known property developer Listari Marina (M) Sdn Bhd is building a mixed development at Klebang, Malacca with a gross development value of RM183mil and aimed at largely mainland Chinese buyers and Japanese investors seeking to invest in the country.

Speaking at a publicity event in Kuala Lumpur, its chief executive officer Datuk Seri Alex Teh Chee Teong said the project was part of its RM1.5bil mixed development project residential components, hotel, shopping mall and a water theme park that would be launched and developed in stages in the next 10 years.

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