news

#Exclusive* IGB-led group wins bid to build RM8b Taipei Twin Towers

PETALING JAYA (Oct 30): A multinational consortium led by IGB Corporation has won the bid to build Taipei's Twin Towers with total investment of about NT$80 billion (about RM8.3 billion), according to news reports in Taiwan.

"In a statement issued late on Sunday (Oct 28), the Taipei City Government announced that the consortium, led by IGB Corp Bhd, a Malaysia-based company engaged in investment holding and property development, had beaten two other bidders for the project, with a total investment of NT$70 billion-NT$80 billion," reported the Taipei Times yesterday (Monday).

The official Taiwan Today also carried similar report.

The consortium is expected to break ground for the construction of two high-rise buildings — one with 56 stories above ground and four basement levels, and the other with 76 stories above ground and four basement levels — on the site of Taipei's main railway station within one year.

[MORE TO COME]

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
SHARE