Kwasa Damansara

Last updated
Kwasa Damansara
Town
Other transcription(s)
 •  Jawi كواس دامنسارا
 •  Chinese 桂莎白沙罗(Simplified)
桂莎白沙羅(Traditional)
Persiaran Kwasa Perdana, Seksyen U4 Shah Alam 20231114 154500.jpg
Kwasadamansara.png
Klang valley map.svg
Red pog.svg
Kwasa Damansara
Location in Selangor and Peninsular Malaysia
West Malaysia location map.svg
Red pog.svg
Kwasa Damansara
Kwasa Damansara (Peninsular Malaysia)
Coordinates: 3°10′N101°34′E / 3.167°N 101.567°E / 3.167; 101.567
Country Flag of Malaysia.svg  Malaysia
State Flag of Selangor.svg  Selangor
Establishment2012
Area
 • Total9.39 km2 (3.63 sq mi)
Time zone UTC+8 (MST)
 • Summer (DST)Not observed
Website kwasadamansara.com.my

Kwasa Damansara is a new township located in the Sungai Buloh constituency of Selangor, Malaysia. Located 14 km northwest of Kuala Lumpur's central business district, it borders Kota Damansara to the south and Sungai Buloh to the north.

Contents

Currently in the process of development and construction, the development project is expected to take place over 20 years from 2015 and is part of the Greater Kuala Lumpur Strategic Development Project under the 10th Malaysia Plan announced in 2010. [1]

Background

The project is located on a 2330-acre (939-hectare) site formerly occupied by an estate of the Rubber Research Institute of Malaysia (RRIM) in Sungai Buloh. [1] In 2010, then-prime minister Najib Razak announced that the land was being earmarked for development. [2] In 2012, Kwasa Land Sdn Bhd, a subsidiary of the Employees Provident Fund, purchased the land for RM2.3 billion and was tasked as the master developer for the proposed township. [3]

Features

Located along the Sungai Buloh-Subang Jaya road, about halfway between Sungai Buloh and the Subang Airport, the township is expected to include residential, commercial, educational and recreational development. [2] [4] The Klang Valley Mass Rapid Transit (MRT) is also connected to the township, having two stations in the area. [5] An estimated 150,000 people will reside in the township. [4]

The total land stretches across two local authorities; the northern portion is located within the city boundaries of Shah Alam while the southern portion is in Petaling Jaya. [6]

Kwasa Land

Kwasa Land Sdn Bhd
Type Private limited company
Industry Property development
Founded2010;13 years ago (2010)
Headquarters
Sungai Buloh
,
Malaysia
Key people
  • Datuk Seri Michael K C Yam (Chairman)
  • Mohamad Hafiz Kassim (Managing Director)
Parent Employees Provident Fund
Website www.kwasadamansara.com.my

Kwasa Land Sdn Bhd is the master developer of the Kwasa Damansara township. A subsidiary of the Employees Provident Fund - the Malaysian pension fund - it was formed in 2010 to execute the EPF's mandate to develop the rubber estate formerly owned by the Malaysian Rubber Board and used for research by Rubber Research Institute Malaysia (RRIM). [2] In September 2011, it appointed Mohamad Lofty Mohamad Noh – head of property investment at EPF – as managing director. [7]

The EPF is reported to be in the process of relocating its headquarters - currently located at Jalan Raja Laut in downtown Kuala Lumpur - to Kwasa Damansara by 2022. [8] [9] The relocation will began gradually in early of June 2023, confirmed by the new EPF Director. The new headquarters had been officially launched by 10th Prime Minister on 8th May 2023.

Developments

As the master developer of the township, Kwasa Land has contracted out developments of individual parcels under the master plan to other developers. As of May 2015, five projects have been announced: the town centre Project MX-1, and residential Projects R2-1, R3-2, R3-3 and R3-4. [10]

The town centre, code-named MX-1, with a size of 64 acres (26 ha) and gross development value (GDV) of RM8 billion, will be jointly developed by Kwasa Land and MRCB. [11] This part will include three shopping centres, a hotel, residential areas and an MRT station. [11]

Project R3-2, with a size of 8.79 acres (3.56 ha) and GDV of RM400 million, was awarded to Impiana Land & Development Sdn Bhd. [5]

Bidding for the remaining projects was ongoing as of May 2015. [12]

Access

Public transportation

As mentioned earlier, the township is primarily served by the  KG04  PY01  Kwasa Damansara MRT station, and the  KG05  Kwasa Sentral MRT station.

Car

The Subang Airport Highway Federal Route 15 is the main route into this township.

Air

Kwasa Damansara is 5.5 km northeast of the Subang Airport ( IATA : SZB). Rapid KL bus T804 connects Kwasa Sentral MRT station to the airport terminal building.

Related Research Articles

<span class="mw-page-title-main">Selangor</span> State of Malaysia

Selangor, also known by its Arabic honorific Darul Ehsan, or "Abode of Sincerity", is one of the 13 states of Malaysia. It is on the west coast of Peninsular Malaysia and is bordered by Perak to the north, Pahang to the east, Negeri Sembilan to the south, and the Strait of Malacca to the west. Selangor surrounds the federal territories of Kuala Lumpur and Putrajaya, both of which were previously part of it. Selangor has diverse tropical rainforests and an equatorial climate. The state's mountain ranges belong to the Titiwangsa Mountains, which is part of the Tenasserim Hills that covers southern Myanmar, southern Thailand and Peninsular Malaysia, with Mount Semangkok as the highest point in the state.

<span class="mw-page-title-main">Kuala Lumpur Sentral station</span> Railway station

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<span class="mw-page-title-main">Sungai Buloh</span> Place in Selangor, Malaysia

Sungai Buloh, or Sungei Buloh, is a town, a mukim (commune) and a parliamentary constituency in the northern part of Petaling District, Selangor, Malaysia. The name itself means bamboo river in the Malay language. It is located 16 km NW of downtown Kuala Lumpur and 8 km north of the Subang Airport, along the Kuala Selangor highway.

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<span class="mw-page-title-main">Subang, Selangor</span> Place in Selangor, Malaysia

Subang is a township in Petaling District, Selangor, Malaysia. It is located about 17 km west of downtown Kuala Lumpur.

<span class="mw-page-title-main">Sungai Buloh station</span> MRT, KTM and ETS integrate in Kuala Lumpur, Malaysia

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<span class="mw-page-title-main">Kajang line</span> Railway line in the Klang Valley, Malaysia

The MRT Kajang line (KGL), previously known as the Sungai Buloh–Kajang line (SBK), is a Mass Rapid Transit (MRT) line servicing the Klang Valley, Malaysia. It is the second fully automated and driverless rail system in the Klang Valley region after the LRT Kelana Jaya Line. Owned by MRT Corp and operated as part of the RapidKL system by Rapid Rail, it forms part of the Klang Valley Integrated Transit System. The line is numbered 9 and coloured green on official transit maps.

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The Tun Razak Exchange, otherwise known as TRX, is a 70-acre development by 1Malaysia Development Berhad (1MDB) in the heart of Kuala Lumpur for international finance and business. The development was named after the second Prime Minister of Malaysia, Tun Abdul Razak Hussein, due to its location along Jalan Tun Razak. TRX is a strategic enabler of the Malaysian government's Economic Transformation Programme (ETP).

<span class="mw-page-title-main">Putrajaya line</span> Second Malaysian MRT line

The MRT Putrajaya Line (PYL), also known as MRT 2, is the second Mass Rapid Transit (MRT) line in Klang Valley, Malaysia, and the third fully automated and driverless rail system in the country. It was previously known as the MRT Sungai Buloh–Serdang–Putrajaya Line (SSP Line). The line stretches from Kwasa Damansara to Putrajaya and runs through densely populated areas such as Sri Damansara, Kepong, Batu, Jalan Ipoh, Sentul, Kampung Baru, Jalan Tun Razak, KLCC, Tun Razak Exchange, Kuchai Lama, Seri Kembangan and Cyberjaya.

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<span class="mw-page-title-main">MRCB</span>

Malaysian Resources Corporation Berhad is a construction and property development company based in Kuala Lumpur. It is the master developer of the Kuala Lumpur Sentral transport hub and business district.

<span class="mw-page-title-main">Kwasa Damansara MRT station</span> Railway station in Kwasa Damansara, Malaysia

The Kwasa Damansara station is a mass rapid transit (MRT) station that serves the future township of Kwasa Damansara in Selangor, Malaysia, which is currently being developed. It is the first station of both the MRT Kajang Line and MRT Putrajaya Line.

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<span class="mw-page-title-main">Kwasa Sentral MRT station</span> MRT station in Shah Alam, Selangor, Malaysia

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<span class="mw-page-title-main">Kota Damansara MRT station</span> MRT station in Petaling Jaya, Selangor, Malaysia

The Kota Damansara station is a mass rapid transit (MRT) station serving the suburb of Kota Damansara in Petaling Jaya, Selangor, Malaysia. It is one of the stations of the MRT Kajang Line, formerly known as MRT Sungai Buloh-Kajang Line. The station opened on 16 December 2016 as part of phase one operations of the line.

<span class="mw-page-title-main">Surian MRT station</span> MRT station in Petaling Jaya, Selangor, Malaysia

Surian station is a mass rapid transit (MRT) station serving the suburb of Kota Damansara in Petaling Jaya, Selangor, Malaysia. It is one of the stations on the MRT Kajang Line. The station is named after Persiaran Surian, the road above which the station is situated. The station was opened on 16 December 2016 under phase one operations of the MRT Kajang Line.

<span class="mw-page-title-main">Pusat Bandar Damansara MRT station</span> Railway station in Damansara Town Centre, Malaysia

The Pusat Bandar Damansara MRT Station, otherwise known as Pavilion Damansara Heights–Pusat Bandar Damansara MRT Station for sponsorship purposes, is a mass rapid transit (MRT) station serving the areas of Damansara Town Centre, Damansara Heights and Bangsar in Kuala Lumpur, Malaysia.

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References

  1. 1 2 Yip, Yoke Teng (2010-09-23). "RRIM rubber estate to make way for development". The Star . Archived from the original on 2017-09-08. Retrieved 2015-08-22.
  2. 1 2 3 "Overview". Kwasa Land Sdn Bhd. Archived from the original on 2015-05-22. Retrieved 2015-08-22.
  3. ↑ Ng, Fintan (2012-08-28). "EPF buys land for RM2.3bil to build iconic township". The Star . Archived from the original on 2017-12-01. Retrieved 2015-08-22.
  4. 1 2 "Location". Kwasa Land Sdn Bhd. Archived from the original on 2015-05-22. Retrieved 2015-08-22.
  5. 1 2 "Kwasa Land to reap RM65mil income from Project R3-2 in Kwasa Damansara". The Star . 2015-03-04. Retrieved 2015-08-22.
  6. ↑ "EPF subsidiary Kwasa invites bumi firms for township project". The Star . 2014-10-16. Retrieved 2015-08-23.
  7. ↑ Tan, Yvonne (2011-09-03). "EPF appoints chief executive for Kwasa Land". The Star .
  8. ↑ "Kwasa deal builds hope, but EPF has to tread carefully". Free Malaysia Today. Retrieved 16 October 2021.
  9. ↑ "Weighing options for EPF's PJ land". The Edge Markets. Retrieved 16 October 2021.
  10. ↑ "Kwasa Land announces two more development projects". The Sun . 2015-05-28. Retrieved 2015-08-23.
  11. 1 2 Thean, Lee Cheng (2015-02-21). "MRCB on expansion drive with new township project". The Star . Retrieved 2015-08-22.
  12. ↑ "Five Tier 2 developers bid for EPF unit Kwasa Land's next residential development". The Star . 2015-05-05. Retrieved 2015-08-23.
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