Government Reviews Bandar Malaysia Development Master Plan
The government is re-evaluating the master plan for the Bandar Malaysia development project, a multibillion-ringgit project that involves government land. Finance Minister Anwar Ibrahim said the review is necessary to ensure the project reaches its goals and meets the needs of the community.
Approved in Principle Last Year
The Bandar Malaysia master plan was approved in principle by the government on December 8, 2023. However, the plan is currently being reviewed for submission to Kuala Lumpur City Hall (DBKL). According to Anwar, this re-evaluation is crucial to ensure that the project spurs the Kuala Lumpur economy.
Balancing Environmental Ecosystem and Affordable Housing
Anwar emphasized that the project must be responsibly developed, balancing the environmental ecosystem while providing affordable homes for the people. The government is committed to ensuring that the project benefits the community and does not harm the environment.
First Phase of Commercialisation
The first phase of Bandar Malaysia’s commercialisation is being planned for development, subject to market conditions and the readiness of investors. The project aims to integrate various transportation networks, including the Kuala Lumpur-Singapore high-speed rail line.
Background of the Project
The 196ha project was first announced in 2011 and was envisioned as a mixed-use transit-oriented development. However, it has faced multiple delays, including a postponement indefinitely in 2021 due to disagreements with the consortium IWH-CREC. In 2025, Anwar announced that 20.23ha of the area would be gazetted as Malay reserve land.
Latest Updates
Recently, The Star reported that Bandar Malaysia Sdn Bhd, a subsidiary of Minister of Finance Incorporated, was considering renting out part of the project’s land to a theme park operator to keep the site from remaining vacant. The government is reviewing these proposals as part of its efforts to revitalize the project.
Conclusion
The re-evaluation of the Bandar Malaysia development master plan is a significant step towards ensuring the project’s success. The government is committed to balancing the environmental ecosystem with affordable housing and spurring the local economy. With the review process underway, the future of this multibillion-ringgit project is uncertain, but one thing is clear – the government is determined to get it right.
FAQs
Q: What is the purpose of the Bandar Malaysia development project?
A: The project aims to integrate various transportation networks and create a mixed-use transit-oriented development, providing affordable housing and economic opportunities.
Q: Why is the master plan being reviewed?
A: The review is necessary to ensure the project reaches its goals and meets the needs of the community, as well as to balance the environmental ecosystem and provide affordable housing.
Q: What is the status of the project?
A: The project was approved in principle by the government on December 8, 2023, but the plan is currently being reviewed for submission to DBKL.