Naza TTDI forges new partnership deal with Exsim for KL Metropolis Development

Present at the signing ceremony are (from left) SM Faliq SM Nasimuddin, Deputy Chairman and Group Managing Director of Naza TTDI; Lim Aik Hoe, Managing Director of EXSIM; and Lim AIk Kiat, Deputy Managing Director of EXSIM.

5 March, KUALA LUMPUR – MET 6 is the latest component of KL Metropolis to begin development with the joint venture signing between TTDI KL Metropolis Sdn Bhd; a wholly owned subsidiary of Naza TTDI Sdn Bhd, and EXSIM Development Sdn Bhd. The agreement was signed between SM Faliq SM Nasimuddin, Deputy Executive Chairman and Group Managing Director of Naza TTDI; and Lim Aik Hoe, Managing Director of EXSIM to develop this land plot with an estimated gross development value of RM800 million.

Under the joint development agreement, Ivory Interpoint Sdn Bhd, a subsidiary of EXSIM, will be granted the rights on the 1.86-acre land to develop a premium service apartment complete with a retail podium where comfort living and convenience meet.

In his opening address, SM Faliq SM Nasimuddin, Deputy Executive Chairman and Group Managing Director of Naza TTDI said “KL Metropolis is plotted in the blueprints to become a well-balanced development as a paragon of luxury living with a peace of mind in the pulse of the vibrant city with amenities merely footsteps away. With EXSIM’s impressive track record and a vision that complements ours, we are positive that upon its completion KL Metropolis will become a coveted address for many city dwellers due to its futuristic and socially convenient living space.”

Echoing the astounding KL Metropolis future, Lim Aik Hoe, Managing Director of EXSIM said “We are honoured to be part of the development team in KL Metropolis, partnering with the pioneers, especially so with Naza TTDI.  Development planning is in progress and we are confident that MET 6 would be a masterpiece we have ever created, that blend in perfectly into the entire concept of KL Metropolis.”

This is the fourth joint venture development in KL Metropolis, with the previous three being Hap Seng for KL Midtown, Triterra for The MET and Nusmetro for Arte MK.

KL Metropolis, a prime master plan development project under Naza TTDI is a 75.5-acre mixed-use development with a GDV of RM20 billion, strategically located just 15 minutes away from the KL city centre and is accessible via major highways including DUKE, NKVE, SPRINT, Jalan Kuching and Jalan Tuanku Abdul Halim. The development combines residences, hotels, retail, entertainment attractions and offices, which includes the Malaysia International Trade and Exhibition Center (MITEC) as its nucleus.

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