BANDAR Raya Developments Bhd (BRDB) has bought a 10.2ha piece of land in Subang Jaya for RM125.86 million with plans to turn it into a mixed-use development featuring retail, street retail, office suites and apartments. With an estimated gross built-up area of five million sq ft, the development is expected to be carried out in four to five phases over seven to eight years with the first phase expected to begin in 2009.
(12-01-2009 New Straits Times)
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