By Sharen Kaur
KUALA LUMPUR: Cyberjaya is already abuzz with real estate activities but the one that is going to take the limelight is the RM11 billion Cyberjaya City Centre (CCC) project.
The CCC will be developed in four to five phases on 62.5ha of commercial and enterprise land owned by Cyberview Sdn Bhd, the master developer for Cyberjaya.
Phase 1 of the project will be developed on a 22.3ha site and will generate a gross development value (GDV) of RM5.35 billion. It will feature a 200,000 sq ft convention centre, a 300 to 400 room business hotel, low and high-rise office buildings, and a retail podium.
The CCC will also contain an integrated lifestyle and retail arena, and service residential complexes.
The project will be developed by Malaysian Resources Corp Bhd (MRCB), a key player in transit-oriented developments (TOD), over 20 years.
MRCB executive director Mohd Imran Salim told Property Times that the most iconic structure at the CCC will be a 50-story tower and this will come at the tail end of the project.
"Most of the big buildings will come at the final phase of the development, which is beyond 2025," he said.
Construction for Phase 1 will begin in the first half of next year and the target is to complete the convention centre in time for the World Congress of Information Technology 2020.
Imran said the plan for CCC is to make it work as a TOD, similar to the group's other ongoing developments in Greater Klang Valley and Penang such as the PJ Sentral Garden City, Kwasa Sentral and the Penang Sentral transportation hub.
CCC will be integrated with the MRT Line 2 between Sungai Buloh and Putrajaya and will provide seamless pedestrian connectivity with a walkway from Putrajaya Sentral.
"The MRT2 will be ready in 2021 and it will be linked to Putrajaya Sentral, which is about 350 to 400 metres away. The MRT2 will allow people to easily come to Cyberjaya and Putrajaya."
KUALA LUMPUR: Cyberjaya is already abuzz with real estate activities but the one that is going to take the limelight is the RM11 billion Cyberjaya City Centre (CCC) project.
The CCC will be developed in four to five phases on 62.5ha of commercial and enterprise land owned by Cyberview Sdn Bhd, the master developer for Cyberjaya.
Phase 1 of the project will be developed on a 22.3ha site and will generate a gross development value (GDV) of RM5.35 billion. It will feature a 200,000 sq ft convention centre, a 300 to 400 room business hotel, low and high-rise office buildings, and a retail podium.
The CCC will also contain an integrated lifestyle and retail arena, and service residential complexes.
The project will be developed by Malaysian Resources Corp Bhd (MRCB), a key player in transit-oriented developments (TOD), over 20 years.
MRCB executive director Mohd Imran Salim told Property Times that the most iconic structure at the CCC will be a 50-story tower and this will come at the tail end of the project.
"Most of the big buildings will come at the final phase of the development, which is beyond 2025," he said.
Construction for Phase 1 will begin in the first half of next year and the target is to complete the convention centre in time for the World Congress of Information Technology 2020.
Imran said the plan for CCC is to make it work as a TOD, similar to the group's other ongoing developments in Greater Klang Valley and Penang such as the PJ Sentral Garden City, Kwasa Sentral and the Penang Sentral transportation hub.
CCC will be integrated with the MRT Line 2 between Sungai Buloh and Putrajaya and will provide seamless pedestrian connectivity with a walkway from Putrajaya Sentral.
"The MRT2 will be ready in 2021 and it will be linked to Putrajaya Sentral, which is about 350 to 400 metres away. The MRT2 will allow people to easily come to Cyberjaya and Putrajaya."
No comments:
Post a Comment