Bay Street Commercial Shops in Gamuda Cove is 90% Taken Up

By Gamuda Land13 April 2023

Bay Street Commercial Shops in Gamuda Cove is 90% Taken Up

GAMUDA COVE, Selangor – Gamuda Land’s Bay Street commercial shops in Gamuda Cove
achieved a 90% take-up rate following its launch over the weekend.

Brandon Yong (杨明伟), General Manager of Gamuda Cove is confident of achieving a full takeup rate in the next six months. He said, “There is strong demand for commercial units that are
mindfully designed to cater to the nearby residential catchment; that also has good connectivity
within and beyond the township. All of which, made Bay Street an enticing investment for
property investors.”

Located a mere 10-minutes-walk from Palma Sands homes, Bay Street is also across the road
from Maya Bay Residences. Both residential components have close to 1,500 homes and is
scheduled for vacant possession in April 2023 and 2024 respectively. Bay Street is also on the
tourist e-tram line which connects the shops to the various residential components,
placemaking attractions such as SplashMania Waterpark and future developments, making it
an appealing investment property. The tourist e-tram is already up and running in Gamuda

Upon completion of Bay Street in 2026, the commercial shops will then be catering to more
than 2,600 homes in Gamuda Cove. It’s non-strata titles allows for a wide range of tenant mix
for the residents.

In the next fifteen to twenty (15-20) years, Gamuda Cove is projected to house 100,000
residents and 20,000 homes. This is in addition to the projected 2 million visitors annually from
eco-tourism and placemaking initiatives that Gamuda Land has carefully put in place such as
the newly opened SplashMania Waterpark which already attracts more than 75,000 footfall per
month on average. Other placemaking such as Paya Indah Discovery Wetlands, outdoor
adventures such as the Goosebumps Rope Course and the Cove Aerobar adds to the vibrancy
of Gamuda Cove.

Bay Street has a total of 47 units comprising 2 and 3-storey retail shops with built-up sizes
ranging from 3,300 to 7,557 square feet with prices ranging from RM2 million to RM3.7million.

A nature sanctuary & smart city

With good master-planning and design for the 1,530 acre-township, Gamuda Cove was
awarded the 5-diamond recognition in Low Carbon City Framework (LCCF) design from the
Environment and Water Ministry. This would see Gamuda Cove taking various measures from
urban planning, urban transport, energy, buildings, water and waste management in its carbon
reduction strategies with a target to achieve 45% overall reduction in carbon emission.

Taking a leaf from the overall masterplan, the design of Bay Street will include pedestrianfriendly walkways and bicycle lanes that encourage greener modes of transportation.

On connectivity beyond the township, Yong adds, “Gamuda Cove will have direct access to
Cyberjaya via a new toll-free link road. Reducing the commute between Gamuda Cove and
Cyberjaya considerably to 2km, it is expected to be ready by 2025. Bay Street is planned to be
only 300 metres away from this new link road.” This would give Gamuda Cove a population
catchment of 650,000 from immediate neighbourhoods within a 10-kilometre radius as well as
a working population of 103,000 from KLIA, Cyberjaya and Putrajaya.

Additionally, road upgrade to enhance a link road that connects Gamuda Cove through Jalan
Kampung Sri Cheeding to twentyfive7, Kota Kemuning is underway. This connectivity allows
residents at Gamuda Cove to benefit from the amenities and services at twentyfive7, Kota
Kemuning and the surrounding developments to access healthcare, education, retail and
commercial services.

Yong concluded, “We believe that when we stay true to our development principles to create a
good, vibrant and sustainable town, we are also creating value for our community.”