Johor Mid Valley City land to cost RM259mil

PETALING JAYA: IGB Corp Bhd has agreed on a price of RM259mil or RM165 per sq ft with Selia Pantai Sdn Bhd for three parcels of leasehold land measuring 36 acres in Plentong, Johor.

The land is for a proposed Mid Valley City-type mixed development, via a joint venture between IGB Corp and Selia Pantai.

IGB to develop RM6b Southkey Megamall in Johor (2 PICS)

It will be the second largest megamall project after Mid Valley City Kuala Lumpur

KUALA LUMPUR (March 28, 2012): IGB Corp Bhd, the developer of Mid Valley City, has joined hands with Selia Pantai Sdn Bhd to develop Southkey Megamall, a retail mall and mixed development in Johor with a gross development value (GDV) of RM6 billion.