PJ Devt to launch integrated devt project GDV RM750m in Cheras

KUALA LUMPUR: PJ DEVELOPMENT HOLDINGS BHD (PJD) is expected to launch an integrated development project with gross development value (GDV) of about RM750 million in Cheras mid-2011, said its managing director Wong Ah Chiew.

He said PJD has obtained green light from the authorities for the development order of the project and was currently awaiting approval for its building plans, adding that the project would be on a 20-acre area.

Wong noted the project would include commercial units and high-rise service apartments as well as a retail shopping mall.

"We have not really named it (project) as yet as it is in the final stages of approval... It will be quite a big development," he told reporters after the group's EGM on Monday, Oct 11.

By The EDGE Malaysia