PETALING JAYA: 1MDB Real Estate Sdn Bhd (1MDB RE) has received the planning approval for its Bandar Malaysia development in Sungai Besi from Dewan Bandaraya Kuala Lumpur.
In a statement, the property developer said the “approval-in-principle”, granted based on Bandar Malaysia’s masterplan, was for a mixed-used development with an average gross plot ratio of 4.05, across the entire 486-acre site.
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