According to the stock exchange filing, the project will be close to retail amenities such as Sunway Giza, Sunway Nexis and Ikea Damansara as well as education institutions including Sri KDU and SEGi University, and Thomson Hospital.
KUALA LUMPUR: Sunway Bhd
’s 60%-owned joint venture with Selangor State Development Corp (PKNS) has entered a privatisation agreement to develop a mixed development on a 9.5-acre parcel of leasehold land in Kota Damansara.
The proposed development, targeted for completion in 2025, will comprise serviced apartments and lifestyle retail units with an estimated GDV of RM544mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
