Juniper
From left:
- Mr. Xu Xiao Bing (徐小兵), General Manager, China State Construction Engineering (M) Sdn Bhd
- YBrs. Dr. Tan Awang Besar (陈亚旺), Director General, National Housing Department
- Datuk Wong Seng Tong (黄圣栋), Group Deputy Chairman, GD Properties
- YB Tuan Nga Kor Ming (倪可敏), Minister of Housing and Local Government
- Ms. Lee Yuen Yee (李讌倪), Executive Director, GD Properties
- Mr. Heng Yeow Hee (王耀喜), Chief Project Officer, GD Properties
- David Mizan Hashim, President, VERITAS Design Group
GD Properties announced today it has officially broken ground on KL360 @ Menara GD, its RM1.37 billion gross development value (GDV) mixed-use development in the Kuala Lumpur central business district (CBD), adjacent to the Raja Uda MRT Station along Jalan Tun Razak.
The project revives a long-abandoned development with a bold new vision for an architectural and tourism landmark in KL, marking a new chapter for buyers who had waited for nearly a decade for progress. Besides delivering on promises made to buyers and stakeholders, the development of KL360 @ Menara GD is expected to contribute to local economic activity through job creation, business opportunities and increased commercial vibrancy in the surrounding area.
On Saturday, a ground breaking ceremony was held on the project site, officiated by YB Tuan Nga Kor Ming, the Minister of Housing and Local Government (KPKT).
YB Tuan Nga Kor Ming, Minister of Housing and Local Government (KPKT), said:
“The revival of this project reflects broader national efforts by the Government, spearheaded by KPKT, to address abandoned housing developments and safeguard the interests of homebuyers. Today is not merely the beginning of construction works. It represents the restoration of confidence, the rebuilding of trust, and the fulfilment of a responsibility that has been delayed for far too long. Every revived project represents real families, real aspirations and a renewed future for homeowners.”
Datuk Wong Seng Tong, Group Deputy Chairman of GD Properties, said:
“At GD Properties, we are a firm believer in the role of public-private sector collaboration as a driver of positive social impact. Through this project, we are firmly aligned with KPKT’s aspiration to achieve zero abandoned housing projects by 2030.
Today’s ground-breaking event reflects our commitment to ensuring this development is delivered successfully and responsibly. We understand the significance of this project for those who have waited for years to see it move forward.
Mr. Ng Khoon Haur (黄君豪), Group Chief Executive Officer, GD Properties
YB Tuan Nga Kor Ming (倪可敏), Minister of Housing and Local Government
Datuk Wong Seng Tong (黄圣栋), Group Deputy Chairman, GD Properties
By taking on the role of a “white knight” to revive and deliver this project, GD Properties will revitalise this project with a renewed vision, strengthened execution framework, and strategic partnerships.
We wish to thank the Ministry of Housing and Local Government, as well as all our strategic partners including Bank Rakyat and China State Construction Engineering (M) Sdn Bhd, for their support and confidence.”
According to the Ministry of Housing and Local Government (KPKT), more than 1,500 housing projects involving over 176,000 residential units with a combined GDV exceeding RM140 billion have been successfully revived or removed from abandoned status since 2023 through various government-led initiatives.
