News about Bandar Malaysia

PETALING JAYA (Jan 8): The revival of notable mega infrastructure projects in 2019, namely the East Coast Rail Link (ECRL) and the Bandar Malaysia project in Kuala Lumpur that will house one of the stations of the Kuala Lumpur-Singapore High Speed Rail (HSR); and the Johor Bahru-Singapore Rapid Transit System (RTS) will continue to improve market sentiments and restore investors’ confidence, according to Knight Frank Malaysia in its Real Estate Highlights for 2H2019 released today.

KUALA LUMPUR (Dec 25): The Pakatan Harapan (PH) government has sent a very clear message to local and global investors that it will continue to maintain macroeconomic stability to drive the economy forward, said IQI Global chief economist Shan Saeed.

KUALA LUMPUR (Dec 21): Never mind the sceptics.

More positive news and events came out of 2019 than in 2018, for sure.

PUTRAJAYA (Dec 19): Malaysia’s coffers swelled by more than RM4 billion following renegotiations between the Ministry of Finance (MoF) and private developers over the terms of contract involving the Bandar Malaysia project.

KUALA LUMPUR (Dec 18): Tun Daim Zainuddin (pictured) is worried that the Bandar Malaysia mega development could exacerbate the oversupply of property in the country.

PUTRAJAYA (Dec 17): TRX City Sdn Bhd, a wholly owned subsidiary of the Ministry of Finance Inc has signed an agreement with IWH CREC Sdn Bhd (IWH-CREC) to develop the reinstated Bandar Malaysia mega project.

PUTRAJAYA (Dec 17): The construction of Bandar Malaysia is expected to kick start “very soon” after a deal has been inked between Putrajaya and the consortium formed by lskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corporation (M) Sdn Bhd (CREC) today.

PUTRAJAYA (Dec 17): Prime Minister Tun Dr Mahathir Mohamad said the government will go ahead with the Kuala Lumpur-Singapore High Speed Rail (HSR) after making "some adjustments" to reduce the project's costs.

KUALA LUMPUR (Dec 16): Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd are back on the radar as their common shareholder Tan Sri Lim Kang Ho is expected to kickstart the Bandar Malaysia project (pictured) via joint venture IWH-CREC Sdn Bhd.