Jiankun plans RM1.2bil Kg Baru land redevelopment

Yesterday, the group entered into a joint-venture agreement with Menara Rezeki Sdn Bhd and Menara Rezeki Properties Sdn Bhd to undertake the proposed redevelopment

PETALING JAYA: Jiankun International Bhd will redevelop 3.69 acres in Kampung Baru, Kuala Lumpur, where the Flat PKNS Jalan Tun Razak is currently located.

In a mixed project with an estimated RM1.2bil gross development value, property developer Jiankun said it will demolish the Flat PKNS and build a 52-storey apartment tower for the existing residents on the site.