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.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!