Gamuda Bhd’s property arm Gamuda Land, and Maxis have formed a strategic partnership to appoint the communications and digital services company...
SUNGEI BULOH (May 3): Gamuda Land has signed eight Memorandums of Understanding (MoU) for its Gamuda Gardens township in Sungai Buloh, Selangor today including one with New Zealand’s Skyline Enterprises to bring in the first luge attraction to Malaysia.
Comprising the Skyline Luge and Skyline Zoom Ziplines, the attraction is to be built on a 30,000 sq m hill site overlooking the township.
MoUs were also inked with Beaconhouse for the establishment of a Beaconhouse International School with a target completion in September 2022; 7-Eleven, Mr DIY, Petron, Arena Legacy, Ecocana Sports and Weddings by Emma.
“We are delighted that Skyline Enterprises, an iconic brand with global operations, has chosen Gamuda Gardens for their first foray into Malaysia.
“Complementing the leisure component of our master plan, the Luge will be our RM4.3 billion Gamuda Gardens City Centre which will also include a one million sq ft regional retail mall,” said Gamuda Land CEO Ngan Chee Meng in his opening address at the MoU signing ceremony at the Gamuda Gardens Experience Gallery here today.
“There is no date set for the completion of the Luge yet. But, we are looking at about a couple of years for this,” said Skyline Enterprises CEO Geoff McDonald at the press conference after the signing ceremony.
Ngan also told reporters that Gamuda Gardens will take about 15 to 20 years to complete. “By getting many partners on board early on, it will reinforce our commitment to our customers to meet their needs. It is more than just owning a home,” he added.
Ngah also disclosed that the total gross development value (GDV) of the Gamuda Garden projects to be launched in 2019 is RM200 million to RM250 million.
The first batch of Gamuda Garden’s landed homes is expected to be ready between March and June next year.
YOU MAY ALSO LIKE
The developer's latest project is Gamuda Cove, a 1,530-acre township set next to wetlands and lush forest reserves in the southern Klang Valley.
A company in Malaysia has a long-term strategy for protecting the ecosystems we can’t always envision.