October 23, 2013 by iskandarinsider
KUALA LUMPUR: Construction of the RM6 billion integrated Mid-Valley Southkey Megamall in Iskandar, Johor, which began today, is expected to be completed late 2016.
The commencement of construction works ceremony for the megamall was launched by Southkey Megamall Sdn Bhd a 70:30 joint-venture between IGB Corp Bhd and Selia Pantai Sdn Bhd.
The project, which is also Johors single biggest integrated retail and commercial development, is sprawled over 14.57 hectares of land within the Southkey new township.
To be developed over 12 years, the focal point of the development will be a megamall offering a net lettable area of 2.5 million sq.ft. which will be undertaken in two phases.
“It took us 15 years to get Mid-Valley City in Kuala Lumpur to what it is today.