Kwasa Land in residential tie-up with YTL Corp


EPF bldg

PETALING JAYA: Kwasa Land, a wholly-owned subsidiary of the Employees Provident Fund Board (pic) and master developer of the Kwasa Damansara township, has tied up with YTL Corp Bhd to develop a residential project worth RM200mil.

In a joint statement, Kwasa Land said it had signed a development rights agreement with YTL’s wholly owned subsidiary, Syarikat Pembenaan Yeoh Tiong Lay (YTL Construction), for the proposed development.

“The 12.7-acre development, which is identified as plot R2-1 in the Kwasa Damansara township, will entail the construction of 1.5-storey townhouses and three-storey landed terrace houses enclaved within a lush green space that includes a 1.28-acre central park and 2.71-acre linear park.

“With a built-up area of between 1,200 sq ft and 2,300 sq ft, the homes will feature modern and minimalistic designs true to YTL’s aesthetics, in line with Kwasa Damansara’s vision of being a green, connected and inclusive township, ” the statement said.

Catered to various market segments and lifestyle needs of home buyers for a healthier and balanced lifestyle, the companies said the residential development will be surrounded by green spaces.

This includes the nearby, newly-opened Taman Bandar Kwasa Damansara, a 42.55-acre park where the public can enjoy fitness and leisure activities.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
   

Next In Business News

Asia shares spooked by US inflation scare, hope for Fed calm
Asia shares spooked by US inflation scare, slip to 7-week lows Thursday
Bitcoin ticks back in Asia after Musk tweet sent price down 17%
Tesla stops taking bitcoin payments for vehicles over climate concerns
Vegetable Oils surge, Soy futures reach highest since 2012
Jobs, inflation data surprises not changing Fed plans
Oil price rises to 8-wk high on demand hopes, U.S. export decline
GLOBAL MARKETS-Wall Street skids on inflation fears; USD, bond yields jump
Capitalising on loan growth
Teo Seng invests in new equipment

Stories You'll Enjoy


Vouchers