MY Realty Dealbook: Abandoned Plaza Rakyat sold for $173m; Guocoland sells land to pension fund

MY Realty Dealbook: Abandoned Plaza Rakyat sold for $173m; Guocoland sells land to pension fund

Kuala Lumpur City Hall website.

In two major real estate transactions in Malaysia, the Kuala Lumpur City Hall disposes off its abandoned project while tycoon Quek Leng Chan’s Guocoland sells a land tract in the capital city to pension fund KWAP.

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