Exclusive - Bandar Malaysia good to go


KUALA LUMPUR: It’s all systems go for Bandar Malaysia with the settlement of the deposit for the mega-project by master developer IWH-CREC Sdn Bhd.

The payment of the remaining 8% of the deposit, or RM592.8mil, and a RM500mil advance to TRX City Sdn Bhd for a 60% stake in the project has unlocked the next stage, which is the commencement of the project development.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bandar Malaysia , Lim Kang Hoo , TRX City , TWH=TREC ,

Next In Business News

Bursa Malaysia closed for Thaipusam, FT day on Feb 2
Stocks slide, dollar struggles as Trump's Greenland gambit rattles markets
US yields rise to multi-month highs on Trump's tariff threats
OMS Group inks deal with Ulstein for two next-generation cable-laying vessels
Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Trading ideas: IJM, Perak Corp, Kuchai, Favelle Favco, Reservoir Link, OpenSys, Teladan, PJBumi, AirAsia X, M&A Equity, Alliance Bank
Cypark aims for stronger recurring income stream
Iran’s real oil risk is labour strikes, not bombs
Coconuts might be IOI Corp’s next cash crop

Others Also Read