Putrajaya Holdings to develop two projects in KL

Azlan: The residential project will have RM500mil to RM600mil GDV while the mixed development project’s GDV will be eight times bigger.

KUALA LUMPUR: Putrajaya Holdings Sdn Bhd, the master developer of Putrajaya, plans to expand its territory into the Kuala Lumpur with the development of two new projects in Jalan Ampang with a total gross development value (GDV) of RM5.2bil.

Chief executive officer Datuk Azlan Abdul Karim said the company had recently acquired two pieces of land in Jalan Ampang – 3.2ha on which the French Embassy was previously located, and a 0.52 ha plot next to the Chinese embassy.