THE Bandar Malaysia development plan is currently being reviewed before being submitted to Kuala Lumpur City Hall (DBKL), says Prime Minister Datuk Seri Anwar Ibrahim (pic).
Anwar, who is also the Finance Minister, said the review is necessary to incorporate feedback and perspectives from various stakeholders to ensure that the development of Bandar Malaysia achieves its objectives.
“Given that Bandar Malaysia is one of the largest remaining government-owned plots of land located in the heart of Kuala Lumpur, this review is crucial to ensure that its development contributes significantly to the city’s economy,” he said in a written reply to Fong Kui Lun (PH-Bukit Bintang), who had asked the Finance Ministry to provide updates on the project.
Anwar said the development of Bandar Malaysia must adhere to the principles of responsible development, balancing the environmental ecosystem while providing affordable housing for the people.
“The first phase of commercialisation is also being planned, subject to market conditions and investor readiness,” the Prime Minister added.
The Bandar Malaysia project, located on the former Kuala Lumpur air base site in Sungai Besi, is projected to have a gross development value of RM140bil.
The 196ha project had faced multiple delays before being postponed indefinitely in 2021 when agreements with the consortium IWH-CREC fell through.
Under Budget 2025, Anwar announced that 20.23ha within the Bandar Malaysia area would be gazetted as Malay reserve land.
