News about Bandar Malaysia

Rent-To-Own scheme To assist those who are unable to pay 10% deposit and to secure the access of home purchase financing, the government will be working with financial institutions to introduce a Rent-To-Own (RTO) scheme.

The Government has decided to continue the Bandar Malaysia project which spans 486 acres in Sungai Besi, Kuala Lumpur after negotiating to obtain better terms for the government.

PETALING JAYA (Oct 10): The government is anticipated to ink the development agreement for the long-held up controversial Penang tunnel project tomorrow morning just before the Budget 2020 tabling, sources said.

KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.

KUALA LUMPUR (May 4): Putrajaya has appointed an independent committee to “help iron out” details in the RM7.

  KUALA LUMPUR (April 30): Recent announcements such as the East Coast Rail Link (ECRL) and Bandar Malaysia projects’ revival will serve as a catalyst that will stimulate the broader equity market, said Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift.

  KUALA LUMPUR (April 30): The revival of mega infrastructure projects such as the East Coast Rail Link and Bandar Malaysia development is a sign that the government is turning its attention towards growing business activity, according to Rakuten Trade.

BEIJING (April 25): Malaysia has signed a framework of agreement with China this afternoon to revive the former's Bandar Malaysia project — the massive real estate development at the former air-base near Sungai Besi.

KUALA LUMPUR (April 23): Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, which both saw their shares surge yesterday on optimism that they would benefit from the revival of Bandar Malaysia (pictured), have denied that they are involved in the reinstatement of the project.

KUALA LUMPUR (April 22): The revival of the Bandar Malaysia project is not only breathing new life into the share prices of big construction companies, but also building material players and even a durian plantations firm.