PKNS TO DEVELOP 7,500 RESIDENTIAL UNITS IN CYBERJAYA WITH RM3 BLN GDV

CYBERJAYA, July 14 (Bernama) -- The Selangor State Development Corporation (PKNS) is set to develop residential projects with a gross development value (GDV) of RM3 billion in the next eight to 10 years, consisting of 7,500 units of affordable, terrace and high-rise apartments in Cyberjaya.

Group chief executive officer Datuk Mahmud Abbas said half of the units would be affordable houses, especially targeting younger house buyers.

Speaking to reporters after launching Aludra Residensi, PKNS’s third project in Cyberjaya, he said PKNS is committed to ensuring that young house buyers at certain income levels will be able to purchase their first house, as well as offering affordable houses at lower prices compared to its competitors.

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With a GDV of RM125 million, the Aludra Residensi comprises 218 townhouse units, developed on a 4.52-hectare site.

The units, each one equipped with three bedrooms and two bathrooms, range from 1,035 square feet (sq ft) and 1,055 sq ft, with prices starting from RM555,000.

Mahmud noted that 60 per cent of the units have been sold.

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“Moving forward, we have got a few more projects in the pipelines, and one of the key projects is the SA Sentral project,” he said, adding that the project entails the construction of a central business area, which is targeted to be launched this September.

PKNS’ total landbank currently stands at 607 hectares.

The Aludra Residensi offers gated and guarded community amenities, jogging tracks, children’s playgrounds, and landscaped recreational areas, as well as an exclusive private clubhouse and a surau.

This project stands out due to its design and choice of materials that prioritise environmental, social and  corporate governance (ESG) principles, particularly in terms of construction materials and finishes.

Additionally, the clubhouse and guardhouse are equipped with solar photovoltaic (PV) panels to generate low-carbon electricity.

Residents can enjoy convenient access to their property via two major highways; the North-South Expressway Central Link (ELITE) and the KL-Putrajaya Expressway (MEX).

The project is also close to key urban centres, such as Cyberjaya which is located 4.0km away, Putrajaya (12km), Kuala Lumpur City Centre (35km), Shah Alam (28km), and Kuala Lumpur International Airport (KLIA) (26km).

Those who wish for more information on PKNS projects can visit www.pkns.gov.my.

-- BERNAMA