Malaysia’s Ministry of Finance has confirmed that redevelopment of the Bandar Malaysia site is set to begin at the end of 2026. The ministry stated that the project’s masterplan is currently being reviewed to align with a sustainable, technology-driven smart city concept with strong transit-oriented principles.
The redevelopment will be led by KLCC (Holdings) Sdn Bhd, a subsidiary of Petronas, and will be implemented in phases based on long-term commercial feasibility. The plan includes mixed-use components such as residential, commercial, affordable housing and recreational areas, with integrated pedestrian- and transit-friendly design as part of the updated masterplan.
Bandar Malaysia is envisioned as an inclusive, liveable urban hub with enhanced public transport connectivity. The review includes incorporating AI-enabled systems and broader smart city elements. The site had previously been earmarked for major transport links and large-scale urban development in Kuala Lumpur.
