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MBAM also hosted the Construction Industry Dialogue in partnership with the Construction Industry Development Board Malaysia (CIDB) at its headquarters in Subang Jaya.

Positioned within one of Kuala Lumpur’s oldest and most connected neighbourhoods, M Aurora benefits from direct access to major expressways and is within walking distance of KTM stations, with the MRT3 Circle Line due by 2032.

The residence is positioned to serve medical tourists, wellness travellers and corporate guests, particularly from regional markets such as Malaysia, Indonesia, Thailand and China.

The township integrates residential, recreational and commercial elements, with infrastructure designed to incorporate solar energy, responsible waste management and the conservation of water and biodiversity.

The move marks a concrete step towards realising the 600-hectare industrial park, following an initial joint venture agreement signed in October last year, said Tanco in a bourse filing on Friday.

In a bourse filing, HCK Capital said its indirect wholly-owned subsidiary Reside Capital Sdn Bhd has entered into two conditional sale and purchase agreements (SPA) with Bandar Setia Alam for the land acquisition.

The BTS model may be implemented through a risk-sharing partnership, such as the BTS 10:90 scheme, where buyers pay 10% upfront and the remaining 90% upon completion.

“Most buyers aren’t even sure what they’re working towards.

The talks centre around a comprehensive plan that includes the cost to complete the project, cash flow management, traffic impact analysis, toll rates and other factors essential for ensuring the project's viability.

The buyer is EC Excel Wire Sdn Bhd, a company wholly owned by an individual named Ng Heng Hong, according to Chin Hin in a bourse filing announcing the deal on Thursday.