Shah Alam on fast-track growth


  • Business
  • Monday, 01 Mar 2004

BY ANGIE NG

SHAH Alam is rapidly turning into one of the fastest growing corridors in the Klang Valley, with at least 15 property development projects on 6,500 to 7,000 acres currently underway. 

Since it gained city status in 2000, the rate of growth in this western portion of the Klang Valley has been tremendous. By 2010, the whole area is expected to have over 700,000 households. 

Property researcher Ho Chin Soon has identified this corridor as one of the hot spots for development and developers have started showing greater interest here about two years ago.  

The opening of new linkages in the future, including the Guthrie Corridor Expressway (GCE) and a proposed new expressway, New North Klang Valley Expressway (NNKVE), as an extension to the Penchala Link, will further improve the accessibility of the area and enhance its robust growth. 

The 25km-long Guthrie Corridor Expressway (GCE), which will connect Bukit Jelutong in Shah Alam to Kuang, near Rawang, is more than 70% complete and will complement the North-South Expressway and New Klang Valley Expressway. 

The proposed NNKVE will serve Kota Damansara, Subang 2, Bandar Pinggiran Subang, Bukit Subang, Kayangan Heights and Shah Alam Two. 

It would provide a faster and more direct way to Bandar Puncak Alam and adjacent developments, including the proposed new Universiti Teknologi Mara campus. 

Among the major developments underway or planned for the corridor are Bandar Puncak Alam, which spans more than 14,000 acres; Setia Alam township on 2,500 acres near the Meru link of the New Klang Valley Expresssway and the adjacent Eco-Parks on 791 acres; Bukit Bandaraya Shah Alam on 300 acres and D'Kayangan on 163 acres.  

Bandar Puncak Alam, an integrated self-contained township about 10 times the size of Subang Jaya, and its surrounding neighbourhood such as Batu Arang Batang Berjuntai has been designated by the Selangor state government as the new growth centre for the north-eastern region of Selangor. 

The area has also been designated as the state's education town with more than 20 tertiary institutions to be set up. The first three universities planned for opening are Universiti Industri Selangor, a Malaysia-Japan Technical University and the 15th UiTM campus covering a 1,000-acre site, about 2km southeast of Shah Alam 2. 

There are various developers undertaking development of Bandar Puncak Alam including Puncak Alam Housing Sdn Bhd, which is developing about 3,000 acres of mixed residential and commercial development in the area, and Econstates Bhd, which has been successful with its Shah Alam 2 on 1,093 acres.  

According to Econstates Bhd managing director Datuk Soam Heng Choon, demand for houses in Puncak Alam is expected to increase tremendously with the improved road infrastructure to this corridor.  

The completed Shah Alam-Puncak Alam Highway, the ongoing GCE, the upgraded and completed Sg Buloh dual carriageway, the Meru-Puncak Alam road, the proposed Assam Jawa (Latar) Highway and the proposed West Coast Highway will shorten travel time to Shah Alam, Petaling Jaya and Kuala Lumpur. 

Soam said Shah Alam also provided a cheaper alternative for home buyers, especially those who prefer landed properties, as the price range of RM150,000 to RM200,000 was at least 30% cheaper than other parts of the Klang Valley. 

“With more reputable developers involved in developing this area, Shah Alam will soon become another choice address for the Klang Valley folks.”  

On Shah Alam 2, he said more than 400 of the 1,093 acres in the township had been developed and 1,424 property units worth RM218mil sold to date. 

Upon the project's completion in the next six to seven years, it would have 4,000 units for a GDV (gross development value) of RM1.5bil. About 75% of the properties were affordable homes priced from RM160,000 to RM200,000 with built-up of between 1,300 sq ft and 1,800 sq ft. 

''Shah Alam 2 is an innovative and well-planned township which emphasises on green areas, parks, shaded walkways and tree-lined landscaped streets. A range of facilities has been planned, complete with a landscaped town square,'' said Soam. 

Kumpulan Lebar Daun managing director Norazmi Mohamed Nurdin said Bukit Bandaraya Shah Alam, located adjacent to the Setia Alam township, would have 3,300 units of double-storey terraced houses, semi-detached houses, apartments, townhouses and shop lots. The RM1bil project is expected to take another four years. 

The project is undertaken by the group's property arm, Lebar Daun Development with Eco Asli Development Sdn Bhd, which has been awarded the privatised project by the Selangor state government. 

Lebar Daun's other project is D'Kayangan on 163 acres on the former Batu Tiga Shah Alam racing track, featuring 1,323 units of medium-cost to upmarket homes comprising super-link double-storey terraces as well as quarter-detached and semi-detached units. There would also be 172 units of five-storey shop lots. 

Norazmi said the project would bring in a GDV of RM1bil upon completion in 2008. 

Related Stories:Paramount returns to Klang Valley Kemuning Utama looks to be a roaring success before soft launch Keen buyers for Taman Bukit Pelangi Setia Alam ready to take off Setia Alam slated to be SP Setia's new corporate headquarters 

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