Prasarana is finalising agreements for eight TOD people’s housing projects along the Ampang and Kelana Jaya LRT lines.
KUALA LUMPUR: Prasarana Malaysia Berhad (Prasarana) is in the final stages of finalising agreements for the development of eight people’s housing projects based on the Transit-Oriented Development (TOD) concept.
Prasarana president and Group chief executive officer Amir Hamdan said the eight identified projects are located along the Ampang Line and Kelana Jaya Line corridors.
He said some of the projects have already commenced, including those in Ara Damansara and Rivera, while others are still in the final stages of being finalised.
He added that these projects involve collaboration with various parties, including the Railway Assets Corporation (RAC) and Malaysia Rapid Transit Corporation (MRT Corp). As such, several matters are still being refined before the agreements are concluded.
“To date, we have held several rounds of discussions with the Ministry of Finance and the Ministry of Transport. We will work to expedite these projects,” he told the media after the launch of the Prasarana Sustainability Report 2024/2025 at Menara Prasarana today.
He was responding to Prime Minister Datuk Seri Anwar Ibrahim’s call on June 28, urging that Prasarana-owned land near public transport stations be developed as people’s housing projects under the TOD concept.
The Prime Minister had said that development in strategic areas near transport stations such as the Light Rail Transit (LRT) and Mass Rapid Transit (MRT) should also prioritise adequate parking facilities and business spaces for small and medium entrepreneurs.
