Tan Sri Lim Kang Hoo: To be developed over 20 years, Bandar Malaysia will shape the future direction of Kuala Lumpur by offering a liveable new lifestyle city with modern infrastructure to become an iconic development within the Asean region and to the world.
The success of Bandar Malaysia is not only key for executive chairman of Iskandar Waterfront Holdings Sdn Bhd (IWH) and chairman of Ekovest Bhd Tan Sri Lim Kang Hoo but, equally so for the country. In the words of Lim, “This is a Government-to-Government project. Bandar Malaysia is the largest project in the One Belt One Road initiative and with the participation CREC — one of the Fortune 500 companies — it can attract other global top companies to set up their regional offices there.”
BNM’s six-month moratorium, which allows loan borrowers to delay their repayments until September, and those who are eligible for the targeted moratorium extension, the deferment period until the end of the year, will further delay the impact of the Covid-19 on the property market.
PREC CEO Fakru Radzi Ab Ghani: We had the idea of setting up the virtual platform, called Bazaar Lokal, a year ago but we have sped up the implementation during the Movement Control Order (MCO) period as we realised that this could benefit these conventional SME retailers.
Kg Baru Subang enjoys easy accessibility via Guthrie Corridor Expressway, North-South Expressway and the upcoming DASH Highway which will connect to several other expressways such as the New Klang Valley Expressway (NKVE), Damansara-Puchong Expressway (LDP) and Penchala Link.