Naza TTDI, EXSIM to jointly develop RM800m-GDV service apartment in KL
March 05, 2020 15:01 pm +08
https://www.theedgemarkets.com/article/naza...ce-apartment-kl
The joint venture signing between TTDI KL Metropolis Sdn Bhd and EXSIM Development Sdn Bhd marks the beginning of the development of MET 6 in KL Metropolis. The signing parties are (from left) SM Faliq SM Nasimuddin, deputy executive chairman and group managing director of Naza TTDI; and Lim Aik Hoe, managing director of EXSIM. (Photos by Naza TTDI)
KUALA LUMPUR (March 5): Naza TTDI Sdn Bhd has teamed up with EXSIM Development Sdn Bhd to jointly develop MET 6 here, which has a gross development value (GDV) of RM800 million.
MET 6 is the latest component of Naza TTDI's RM20 billion-GDV KL Metropolis mixed development in Jalan Duta.
Under the joint development (JV) between the two companies, EXSIM will be granted the rights on the 1.86-acre land to develop a premium service apartment complete with a retail podium.
In a statement today, Naza TTDI said this is the fourth JV development in KL Metropolis, with the previous three being Hap Seng for KL Midtown, Triterra for The MET and Nusmetro for Arte MK.
KL Metropolis is a 75.5-acre mixed-use development featuring residences, hotels, retail, entertainment attractions and offices, which include the Malaysia International Trade and Exhibition Centre as its nucleus.
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This post has been edited by accetera: Mar 20 2021, 09:59 AM
FIDDLEWOODZ (MET6) @ KL METROPOLIS, Live, work and play at KL Metropolis Investment