Bandar Malaysia has neutral effect on market

  • Property
  • Saturday, 21 Dec 2019

Clarity needed: People viewing a model of Bandar Malaysia project. Once the market has more clarity on the different phases and timelines of the development, then perhaps it will be easier to identify the beneficiaries.

IT was one of the largest property development projects to be launched, and yet what a downer it was. This was especially evident in Bursa Malaysia’s reception of the RM140bil Bandar Malaysia deal.

Construction stocks and stocks linked both to the Bandar Malaysia and the Kuala Lumpur High-Speed Rail (HSR) barely budged on the day the much anticipated Bandar Malaysia project was revived.

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