anyone have any details on this? wanto know the update as well, the last time i get to know is developers are tendering the project

Latest news:

EPF's unit Kwasa Land presents master plan for Sungai Buloh project, GDV to reach RM50bil

KUALA LUMPUR: The Employees Provident Fund (EPF) unit Kwasa Land Sdn Bhd’s project in Sungai Buloh is expected to generate RM50bil in gross development value (GDV) over the next 20 years

Taikors, with other mega developments like TRX, Kl Metropolis, Bandar Malaysia n Warisan Merdeka being in much more strategic locations closer to town, what is the USP for Kwasa Damansara? I fear for this project leh.. it should be delayed unless it's gonna be alot cheaper than the other projects.

Building and planning high end developments are alot easier than attracting foreign companies to relocate/open retail outlets here.

this project seems very quiet now, not much news on this. Latest news is on the 6 tier 1 developer successfully submitted their bid

http://www.thestar.com.my/Business/Busines...-over-2-months/

Make sure this project is not monopolize by TM alone - let all other telco join in and the user can choose which telco to sign up - baru la cantik.

Yeah,

I'm talking 700-900 ish.. target slightly above middle income.. spread the project over a long period, then maybe can succeed. for now TRX is the place to be.

This post has been edited by Babizz: Jun 27 2014, 05:54 AM

RRIM is away from KL city center, but dont expect the price will be cheap

New self-contained growth centre away from KL city centre.

Was told next year

just happen, confirm MRCB

http://kwasaland.com.my/

Kwasa Land picks winner for Project MX-1
Posted on 30/06/2014 by admin1

PETALING JAYA — Kwasa Land Sdn Bhd, the master developer for the 2,330-acre iconic Kwasa Damansara Township, today announced that Malaysian Resources Corporation Berhad (MRCB) had won the bid for the coveted inaugural development of ‘Project MX-1’, a 64-acre parcel of mixed development with an estimated gross development value of over RM 7 billion.

In a statement issued today, Kwasa Land managing director Mohd Lotfy Mohd Noh said, “We have made an offer to MRCB which is conditional upon them signing the definitive agreement within 30 days from the date of our offer letter.”

The evaluation exercise was carried out by an Independent Advisory Panel (IAP) led by Raine & Horne International Zaki + Partners Sdn Bhd and supported by AJM Planning Urban Design Group (APUDG), Perunding Hashim and Neh Sdn Bhd, ARH Jurukur Bahan Sdn Bhd and a few other leading consultants. The criteria for the evaluation was based on financial, technical and commercial considerations.

“On the whole, this has been a comprehensive bid on an open competitive basis. We would like to thank all the tenderers for their enthusiasm and commitment in their submissions. We truly appreciate the effort and the resources that they have put in,” said Mohd Lotfy.

Project MX-1 is a parcel of mix developments under the provisional Master Layout Plan that has been earmarked to be the main town centre of the proposed Kwasa Damansara Township. It benefits from a well-connected network of four expressways, two MRT stations and close proximity to SkyPark air terminal. The MX-1 development is envisaged to spur the catalytic growth for this entire township.

Moving forward, Kwasa Land is also scheduled to invite Tier 3 Bumiputera developers for the inaugural Bumiputera development and Tier 2 developers for a residential development by the third and fourth quarters of 2014 respectively.

Wow...hopefully it can develop just like kl sentral

I am suspicious of the award but then MRCB is a well known developer.

Wat to do, everybody even gomen linked wanted to get into poperty devlopment

Which developer besides MRCB?

MRCB build quality not good. Workers in KL sentral got complain one and their pricing not cheap either. let's see how it turns out!

As usual lorr.. it is not really just abt pricing / workmanship...

More important is the 'connection'

This post has been edited by valentinonkk: Jul 1 2014, 09:14 AM

Is like that one ma, first world building but third world maintenance

Any idea Leasehold or Freehold ??

I heard and I think also it is freehold. Same like when Sime convert the palm tree estate land to residential or commercial.

will be freehold and leasehold mixed.

Under MBPJ and MBSA

http://kwasaland.com.my/?page_id=133

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Kwasa Land is a master developer of this vast acreage and offers both freehold and leasehold status for the land to be developed. While the former owner – Lembaga Getah Malaysia – has retained 535 acres of the total land area for its own institutional use, Kwasa Land will develop the remaining acreage for mixed development. The land is under the jurisdiction of two local councils, which are the Majlis Bandaraya Petaling Jaya (MBPJ) and Majlis Bandaraya Shah Alam (MBSA).
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