KUALA LUMPUR, August 29 — CPI Land, through its subsidiary TNJ Development Sdn Bhd, has secured RM228 million in financing from AmBank Group to support the development of three major real estate projects in Kuala Lumpur. These projects include the 45-storey Tuan Heritag3 in Segambut, set to be completed by Q4 2028, along with upcoming developments in Bukit Permata and Selayang Mulia under CPI Mulia Sdn Bhd and CPI Asset Sdn Bhd, respectively. This financing marks the sixth project supported by AmBank for CPI Land since 2011.
Christopher Yap, Managing Director of Business Banking at AmBank Group, expressed pride in continuing the bank’s partnership with CPI Land, emphasizing the shared goal of driving social impact through affordable urban housing. CPI Land’s Chairman, Chung Shan Tat, highlighted the significance of this collaboration in fostering growth and innovation within the property market, with Tuan Heritag3 exemplifying their commitment to delivering aesthetically pleasing yet affordable homes to the community.
