Property Developments

Flagship TODs

KL Sentral CBD

With Q Sentral and St Regis Hotel & Residences towers already completed in Q1 2016, and The Sentral Residences by end 2016, this city-within-a-city TOD is at 85% completion.

As an example of innovative design, planning and execution, the Kuala Lumpur Sentral CBD development is unique and the first of its kind in Malaysia; a mixed development centralised around an integrated transport hub. A project like the Kuala Lumpur Sentral CBD is what defines MRCB’s competitive edge.

Now Kuala Lumpur Sentral CBD is an exclusive urban centre built around Malaysia’s largest transit hub, offering global connectivity, excellent investment opportunities, business convenience and an international lifestyle. It was granted the ‘XKL’ Global Destination Code by the International Air Travel Association (IATA) with check-in facilities, enabling quick access to the airport and various destinations around the world. At present, more than 180,000 commuters pass through Stesen Sentral every day.

At the nucleus of this premier development is the RM1.1 billion world class transportation hub, Stesen Sentral Kuala Lumpur (SSKL), the winner of the FIABCI – Malaysia Award of Distinction 2002 and finalist for FIABCI International Prix d’Excellence 2003. Its infrastructure supports six rail networks – the KLIA Express Rail Link, KLIA Transit, RAPID KL (Putra), KTM Komuter, KTM Intercity and KL Monorail and the upcoming MRT line, demonstrating its excellent global connectivity and access within an integrated and self-contained live, work and play environment.

PJ Sentral Garden City

This first-of-its-kind TOD project in Petaling Jaya has taken off from the concept of a transit-centric development as introduced to the country by the Kuala Lumpur Sentral CBD project.

PJ Sentral Garden City has certainly captured the imagination and interest of Malaysians and industry players in the country as the first-ever project to regenerate the heart of Petaling Jaya. The development adopts the US Leadership in Environmental & Energy Design (LEED) Gold and Green Building Index (GBI) Gold certifications for all towers and the LEED Neighbourhood Gold rating for the overall development. PJ Sentral consists of two phases and Phase 1 comprises 6 towers, of which 4 are owned by Celcom (Lot 8), Selangor State Development Corporation (PKNS), Malaysia Building Society Berhad (MBSB) and Intellectual Property Corporation of Malaysia (MyIPO) Tower, with a total Gross Floor Area (GFA) of 3,883,899 sq. ft. and a total Net Floor Area (NFA) of 2,691,107 sq. ft.

The towering edifices are located within a 4-acre public park at the development site in Section 52 Petaling Jaya. Water fountains, a children’s playground and covered walkways will be part of the landscape that also offers F&B and Retail Shops, auditoriums, conference halls, as well as Sky Gardens on the towers.

Penang Sentral

With its transportation hub development component at 35% completion, the Penang Sentral TOD is set to be the new catalyst for the northern region, bringing new levels of connectivity, convenience and convergence of public transportation modes comprising ferry, railway, bus and taxi.

A new facade and modern infrastructure is emerging at the location of this almost 100-year-old public transportation focal point (the ferry service started in 1920). Penang Sentral is a Transit Oriented Development, comprising an integrated commercial and residential development, built around a Transport Terminal hub. It is located in Seberang Perai Utara, Butterworth, occupying a land area of approximately 23 acres. Upon completion, Penang Sentral will have a potential Gross Development Value (GDV ) of approximately RM2.3 billion.

The Transport Terminal provides much needed connectivity for ferry, bus, taxi, train and potentially monorail services in the future. It is designed to cater for 180,000 commuters per day. The train journey between Penang Sentral and Kuala Lumpur Sentral CBD will only take about three hours via KTMB’s Electric Train Services (ETS).
Construction work for this transport hub started in early 2015 and will be followed by construction of a retail mall, a hotel and other components. The Transport Terminal hub is targeted to be completed by early 2017.

Kwasa Sentral

Kwasa Sentral is designed to serve as the Central Business District (CBD) for the entire Kwasa Damansara Township with a GDV of about RM8 billion.

The entire project will take 12 to 15 years to complete and will commence with the commercial aspects of the development, starting with the construction of a mall with a GFA of about one million square feet. There are many green areas in this TOD with two MRT stations. This project aims to provide a high quality working and living environment. Other aspects like the sizeable park, jogging-friendly paths that run around the entire project, and recreational areas will further enhance the space. There will be a lot of open spaces and Kwasa Sentral will be tailored as a livable commercial development like Kuala Lumpur Sentral CBD.

Cyberjaya City Centre

CCC Phase 1 will contain commercial blocks, an integrated lifestyle and retail arena, serviced residential complexes and a convention centre. The development will be consolidated into three zones comprising Vibrant, Tech & Enterprise and Gateway zones. Each zone will have the right infrastructure and facilities that will cultivate and support the stimulation of new ideas and inspiration, establishments of creative and commercial opportunities as well as social networking.

The CCC will propel Cyberjaya into a Global Technology Hub that not only advances technologies but is also a prodigious project that will redefine the meaning of smart cities, eco-friendly developments, connectivity, innovation and living.

The development will also integrate with the MRT Line 2 between Sungai Buloh and Putrajaya, as well as providing seamless pedestrian connectivity via a walkway from Putrajaya Sentral.

All Property Developments Land Size
(Acres)
GDV
(RM ‘mil)
Start
Date
Completion
Date
Transport Oriented Developments
KL Sentral CBD        
Sentral Residences 2.35 1,330 2011 2017
Lot F 5.70 2,993 2018 2025
         
PJ Sentral Garden City        
Celcom Tower 2.06 535 2013 2017
MBSB Tower 2.17 262 2014 2017
MyIPO Tower 2.35 274 2013 2017
Tower 1 2.27 819 2019 2022
Tower 5 1.49 507 2017 2019
PKNS Tower 1.57 183 TBD TBD
F&B - 38 TBD TBD
         
Penang Sentral 22.65 2,865 2015  2027
         
Cyberjaya City Centre 45.31 5,350 TBD TBD
         
Kwasa Sentral 64.07 8,606 2016 2029
         
KL Sports City 76.14 20,700 2018 2038
Commercial Developments
Suria Subang 3.20 TBD TBD TBD
Selbourne 2, Shah Alam 2.37 TBD TBD TBD
Pulai Land, Johor 67.52 770 TBD TBD
         
Residential Developments
Nine Seputeh:        
Parcel A 2.51 314 2016 2022
Parcel B 4.60 817 2016 2022
Parcel C ( Tower A, B, C & D) 7.96 1,139 2014 2018
Parcel D 2.56 409 TBD TBD
Lot 349, Sentral Suites 4.92 1,413 2016 2020
Carnegie, Melbourne 1.00 305 2018 2019
Semarak City 27.41 3,163 2015 2025
Bukit Rahman Putra 14.18 547 2016 2021
Lot 94, Jalan Kia Peng 1.87 1,012 2018 2023
Batu Feringgi, Penang 3.34 TBD TBD TBD
Bandar Sri Iskandar:        
Phase 2C, 2D & 3 11.53 766 2014 2025
Metro Spectacular land  10.06 TBD TBD  TBD 
TOTAL  
393.16
55,117
   

External Construction

CONSTRUCTION PROJECT CONTRACT VALUE
(RM ‘mil)
TARGET COMPLETION
AMAN DESARU 110 2018
DESA DESARU 217 2017
WESTIN DESARU 203 2017
DESARU CONVENTION CENTRE 57 2017
DOUBLE CCT 500KV TRANSMISSION LINE MUKIM JABI TO SERTING 126 2018
NPE BRIDGE 127 2021
JOHOR LAND TOWER 188 2018
GIANT HYPERMARKET – Danau Kota 53 2016
GIANT HYPERMARKET – Cold Storage Processing & Distribution Centre 58 2017
132KV UGC DAMANSARA CITY 34 2016
BUKIT TAREK – PROJECT BTCB 37 2016
PMU 500/275KV LENGGENG EXTENSION 51 2018
OHTL KG CEMPAKA LILO 16 2016
MRT2 V210 Package - 2.6km viaduct guideway from APEC to Putrajaya Sentral 648 TBD
KWASA UTAMA - C8 Development (Provisional TCC) 2,648 2027
SUNGAI PAHANG REHABILITATION - Phase 3 178 2018
PR1MA Kajang 173 2019
PRIMA BRICKFIELDS 335 TBD
DASH - Package CB2 369 2019
TNB HQ CAMPUS - Phase 1 40 2019
Indoor Stadium Johor 59 TBD
SUB-TOTAL 5,727  
     
FEE-BASED CONTRACTS
LRT3 PDP 270 2020
KWASA UTAMA - Management Fee for C8 Development (Provisional fee) 187 2027
PDP to Develop Kwasa Damansara township 112 TBD
     
SUB-TOTAL 569  
     
GRAND TOTAL  
6,296