PETALING JAYA (Nov 22): Naza TTDI Sdn Bhd, the property arm of Naza Corp Holdings Sdn Bhd, is actively on the lookout for more land banks in its quest to expand its property portfolio, said its executive director Idzham Mohd Hashim.

The property developer at the moment has land banks in the Klang Valley and Penang measuring a total of 967 acres.

"Currently, we have lands in Penang measuring 800 acres and we are still planning on what we can do with it. In the meantime, we are also constantly looking out for more strategic lands," Idzham said during the media preview and tour of the newly completed Malaysia International Trade and Exhibition Centre (Mitec) today.

Mitec, which is the flagship and first component of the KL Metropolis integrated mixed development located on Jalan Duta, was constructed in 2013.

Measuring 45,348 sq ft, the trade and exhibition centre houses 11 exhibition halls, 10 break rooms, three media centres and 211 car park bays, and is said to be the largest exhibition centre in Malaysia, beating the MECC, KLCC and PWTC in terms of size and accommodation.

When asked on the company's expectation of KL Metropolis' contribution going forward, Idzham said it expects the development to contribute positively to its financial performance as the project is one of the biggest to be undertaken by the developer. The KL Metropolis has a gross development value of RM20 billion.