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Park City Damansara (PJ East) in Kwasaland, app 590 acres last piece of Jewel in PJ
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Chady
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Jul 30 2025, 09:56 PM
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QUOTE(Chady @ Jul 30 2025, 09:53 PM) Yes u right. The total land acres of 192 also matched with the total acres as per tender document requested by Kwasa/EPF in Jan 2025. Long term view, I would rather buy freehold landed at PJ West rather than PJ East despite the location of PJ East is more strategic. Plus it's a short drive between West and East
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SBG.MJ
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Jul 30 2025, 10:07 PM
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New Member
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QUOTE(Chady @ Jul 30 2025, 08:16 PM) Parkcity sales rep said PJ East is leasehold and plus area Tropicana/KD also leasehold It might turn out to be a pleasant surprise — a magical conversion to freehold land title~
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Chady
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Jul 30 2025, 10:14 PM
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QUOTE(SBG.MJ @ Jul 30 2025, 10:07 PM) It might turn out to be a pleasant surprise — a magical conversion to freehold land title~ If it’s true then it’s great. After that pass the conversion cost to buyer lol
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qwerty223
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Jul 30 2025, 10:33 PM
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It is impossible to turn LS to FH after dev bought the land. No need dream.
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ManutdGiggs
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Jul 31 2025, 05:08 AM
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QUOTE(qwerty223 @ Jul 30 2025, 10:33 PM) It is impossible to turn LS to FH after dev bought the land. No need dream. Sri petaling n menjalara hav both been allowed to convert fr lh to fh in recent yrs. The cist is onli few hundred if kaki lai. Use loyal oso just few k hassle free.
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Longshot
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Jul 31 2025, 09:22 AM
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I find it abit odd that the PJ West development only has 2922 units on 192 acres.
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kbandito
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Jul 31 2025, 09:39 AM
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QUOTE(ManutdGiggs @ Jul 31 2025, 05:08 AM) Sri petaling n menjalara hav both been allowed to convert fr lh to fh in recent yrs. The cist is onli few hundred if kaki lai. Use loyal oso just few k hassle free. that was because the land office mistakenly changed them from freehold to leasehold decades ago.
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Unicorn27
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Jul 31 2025, 09:48 AM
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Getting Started

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QUOTE(Longshot @ Jul 31 2025, 09:22 AM) I find it abit odd that the PJ West development only has 2922 units on 192 acres. I think because of forest + height restriction+ residential title
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Chady
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Jul 31 2025, 10:39 AM
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QUOTE(Unicorn27 @ Jul 31 2025, 09:48 AM) I think because of forest + height restriction+ residential title This is the tender won by LBS. If u see the density, PJ West 1A is meant for landed (terrace house or semi-d for example), and 1B and 1C is mixed terrace and low rise condo/apartment
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Longshot
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Jul 31 2025, 10:48 AM
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QUOTE(Unicorn27 @ Jul 31 2025, 09:48 AM) I think because of forest + height restriction+ residential title Base on the tender, 11 freehold parcels. Looks like all going to be residential and won't have any mixed development but I might be wrong.
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kbandito
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Jul 31 2025, 11:02 AM
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Average value per unit of RM3 million. Who is bullshitting?
1. Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund (EPF), has awarded LBS Bina Group Bhd (KL:LBS) development rights for an RM8.3 billion residential project in the Kwasa Damansara township. 2. The development, to be executed over 14 years in phases, will comprise 2,922 residential units, including a mix of low- and mid-rise condominiums and landed homes.
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victorian
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Jul 31 2025, 11:19 AM
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QUOTE(kbandito @ Jul 31 2025, 11:02 AM) Average value per unit of RM3 million. Who is bullshitting? 1. Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund (EPF), has awarded LBS Bina Group Bhd (KL:LBS) development rights for an RM8.3 billion residential project in the Kwasa Damansara township. 2. The development, to be executed over 14 years in phases, will comprise 2,922 residential units, including a mix of low- and mid-rise condominiums and landed homes. LBS is not exactly famous for developing premium townships. What's going on in their head to develop such a premium land in Kwasa
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Unicorn27
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Jul 31 2025, 11:56 AM
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Getting Started

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QUOTE(victorian @ Jul 31 2025, 11:19 AM) LBS is not exactly famous for developing premium townships. What's going on in their head to develop such a premium land in Kwasa :confused: Exactly my thoughts, why LBS 🤔 is it because of high land costs but low density and therefore low profit and big players not interested
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Unicorn27
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Jul 31 2025, 12:00 PM
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Getting Started

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Developed by phases over 14 years, long long way to go. I think first few years need to build the infrastructure first, unlike the shah alam side where many infrastructures are ready.
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Chady
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Jul 31 2025, 12:47 PM
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QUOTE(victorian @ Jul 31 2025, 11:19 AM) LBS is not exactly famous for developing premium townships. What's going on in their head to develop such a premium land in Kwasa :confused: Yeah puzzled when LBS was being awarded. What’s LBS value proposition?
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Unicorn27
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Jul 31 2025, 01:04 PM
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Getting Started

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"We are pleased to partner with LBS, a developer with a proven track record in delivering quality and community-focused developments. This collaboration marks a progressive step forward in realising the vision of Kwasa Damansara as a sustainable and inclusive township that caters to Malaysia's growing urban population," said Datuk Adenan Md Yusof, managing director of Kwasa Land."
Not sure which developments he's referring to 🤔
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qwerty223
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Jul 31 2025, 02:54 PM
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QUOTE(ManutdGiggs @ Jul 31 2025, 05:08 AM) Sri petaling n menjalara hav both been allowed to convert fr lh to fh in recent yrs. The cist is onli few hundred if kaki lai. Use loyal oso just few k hassle free. those were disputed cases where owner won the verdict it was FH but later got turn into LH.
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Chady
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Sep 2 2025, 10:58 PM
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LBS will launch freehold project in 2027 - “Details are still light for now, and LBS Bina expects the project to commence in 2027 and probably take 14 years to complete” https://www.nst.com.my/amp/business/corpora...ronger-foothold
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submergedx
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Sep 3 2025, 08:21 PM
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Gostan parking and chop table with my tissue paper at this terek
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Relianne
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Sep 4 2025, 07:35 PM
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Getting Started

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QUOTE(Chady @ Sep 2 2025, 10:58 PM) LBS will launch freehold project in 2027 - “Details are still light for now, and LBS Bina expects the project to commence in 2027 and probably take 14 years to complete”
Wow thats a long time.. and PJ East isn't even announced yet so would be even later than that?
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