Extracted from The Star dated 20 Dec 2014:-

UOA Holdings Bhd’s development of the 60 acres in Bangsar South in the last decade has been transformational.

With its widened main access road, new pedestrial walkways, office suites, spacious retail and food and beverage outlets, and mid to high end residential towers, the area is now a sharp contrast to the previously shabby Kampung Kerinchi environment of mostly affordable apartments and flats.

Bangsar South began as a RM3bil development in 2004, which has now tripled to RM10bil.

With 25% completed, there’s still another 25% under construction, while the remaining 50% – comprising residential and commercial towers – will be progressively launched over the next five years.

Residential units here already range between 700 per sq ft (psf) and 950 psf, with rental rates going from RM2,500 to RM9,000 a month.

UOA is now planning to emulate that evolution in its latest undertaking on its 28 acres situated within Bamboo Garden, a small township enclosed by Jalan Ipoh, Jalan Kuching and the Duta-Ulu Klang Expressway (DUKE).

Temporarily called the Jalan Ipoh Land Development, UOA is planning a RM3bil gross development value (GDV) integrated city development sporting surrounding open spaces and expansive greenery, its general manager Eugene Lee tells StarBizWeek.

Initially, the property developer purchased 18 acres in 2011 and had planned to launch office and residential towers when it finally decided to add to its land bank in the vicinity another 10 acres last month.

In total, the 28 acres cost about RM300mil.

“It was a logical decision as we had been eyeing the additional 10 acres for a while. We will clear out the squatter area behind the Jalan Ipoh Boon Siew Honda shop,” Lee says.

The Jalan Ipoh Land Development is intended to provide the community components similar to that of Bangsar South, such as residences, office suits, a retail mall and a hotel.

“The existing development around Jalan Ipoh is a mature one. When we purchased the land, we saw the potential of what it could be in the future,” Lee says.

UOA intends to build residential towers towards the back of the development where it is quieter than facing the highway.





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Apart from EcoSky (freehold) , Lakeville (leasehold) , Kiara East and Boulevard (jln Kuching) which are some of the on-going condo projects around the area, the Jln Ipoh Land Developmenr project (by UOA) offers another option (albeit at a later stage as it would only be launched later) to potential buyers / investors. This UOA project is not far away from KL Sentral which is accessible via Jln Kuching /jln ipoh to Jln Duta to KL sentral.. Additionally this freehold land project may be near to the proposed MRT line 2 station at Jln Ipoh and is deemed relatively near to KL town.. Also, the Pusat Bandar Damansara will be developed into a mixed development which include retail mall. Some people also said that it is also deemed the 2nd Pavillion as it is developed by malton bhd. If there are 2 access points from Duke Highway and Jln Ipoh (as mentioned by UOA), this project would have better access than EcoSky and Lakeville..Ones need to be aware of the latest potential project to be an informed and wise buyer / investor .. Just my 2 cents worth of thought... Cheers!!! Btw, i am not UOA personnel or agent..Just here to share my thought..

Nowadays, development projects are of high density unless the project is of very upmarket due to scarcity of lands around Klang Valley and it doesnt come cheap.

The proposed MRT Line 2 will be made known to public in March 2015.