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.