Property Developments
Flagship TODs
KL Sentral CBD
KL Sentral CBD is at the pinnacle of integrated transportation centres across the region and is positioned at the forefront of TODs. Designed by Dr Kisho Kurokawa – who also designed Kuala Lumpur International Airport – KL Sentral CBD was conceptualised as a “city-within-a-city”, championing an integrated “Live, Work, and Play” concept, and has remained MRCB’s crowning jewel for over 15 years.
KL 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 200,000 commuters pass through Stesen Sentral every day.
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 KL Sentral CBD project, and will serve as a CBD for Petaling Jaya.
PJ Sentral Garden City, which is geographically located in the centre of Klang Valley, will be a welcome change to the ageing and decaying facade and landscape of Petaling Jaya. The project seeks to establish a new vision for the urban regeneration of PJ based on the principles of modern design excellence, social and economical well-being as well as environmental responsibility. The proposed development will adopt the Green Building Index (GBI) Gold for individual buildings and US Leadership in Environmental & Energy Design (LEED) Neighborhood and Township Development Gold rating for the overall development.
Penang Sentral
Penang Sentral is an integrated transportation hub connecting Keretapi Tanah Melayu’s ETS and Komuter train services, intercity, express and stage bus services, taxi and the ferry services.
The activation of this transportation hub, which has an emphasis of safety, security and convenience for all users, enhances comfort and efficiency for commuters and tourists alike. It also offers a centralised ticketing system, and a multitude of retail and food and beverage outlets, providing business opportunities for SME players as well as renowned local and international brands.
Equipped with many other amenities for the public, including a surau, a medical room, baby changing rooms, lockers and more, Penang Sentral is designed to ease commuting through its improved access and fully integrated facilities, including access for the disabled.
Penang Sentral is designed as the main TOD for the State of Penang, Greater George Town and the Northern Corridor, with a total GDV of RM2.9 billion. Modelled after KL Sentral CBD in Kuala Lumpur, the first phase of Penang Sentral will serve as the terminal for both public and intercity buses and is physically connected to the adjacent Butterworth railway station and the Penang Ferry terminal. It is an integrated hub for bus, rail, taxi and sea transportation services in Penang with a land area measuring 22.65 acres. Future phases of the project include commercial, retail, office and residential developments.
Kwasa Sentral
Proximity to the Kwasa Sentral and Kwasa Damansara stations along the MRT Line 1 (Sungai Buloh – Kajang) makes Kwasa Damansara a prime location for integrated development projects. MRCB has been entrusted with establishing Kwasa Damansara City Centre as one of the largest and most exciting developments in Selangor. It will be the main city centre for the Kwasa Damansara township.
The project aims to provide a high quality working and living environment. Other aspects like a sizeable park, jogging-friendly paths that run around the entire project, and recreational areas will further enhance this space. Kwasa Sentral will be designed to incorporate open spaces, and is planned to be a livable commercial development.
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.
Land Bank | Land Size (Acres) | GDV (RM ‘mil) | MRCB Stake (%) | Start Date | Completion Date |
---|---|---|---|---|---|
Transport Oriented Developments | |||||
KL Sentral: Lot F | 5.70 | 3,949 | 100% | 2022 | 2027 |
PJ Sentral Garden City | 11.91 | 2,700 | 100% | 2013 | 2026 |
Penang Sentral | 21.97 | 2,698 | 100% | 2015 | 2027 |
Cyberjaya City Centre* | 41.45 | 5,350 | 70% | 2017 | 2024 |
Kwasa Sentral | 64.30 | 10,851 | 70% | 2018 | 2030 |
Total | 145.33 | 25,548 | |||
Commercial Developments | |||||
Pulai Land, Johor | 67.52 | 770 | 100% | TBD | TBD |
Total | 67.52 | 770 | |||
Residential Developments | |||||
9 Seputeh | 17.63 | 2,680 | 100% | 2014 | 2026 |
Sentral Suites | 4.75 | 1,632 | 100% | 2016 | 2021 |
1060 Carnegie, Melbourne | 1.00 | 290 | 100% | 2018 | 2020 |
Bukit Rahman Putra | 14.18 | 642 | 100% | 2016 | 2021 |
Bandar Sri Iskandar (Phase 2C, 2D & 3) | 57.40 | 849 | 70% | 2020 | 2035 |
Total | 94.96 | 6,093 | |||
Others | |||||
Suria Subang | 3.20 | TBD | 100% | TBD | TBD |
Selbourne 2, Shah Alam | 2.37 | TBD | 100% | TBD | TBD |
Metro Spectacular Land, Jalan Putra | 10.06 | TBD | 51% | TBD | TBD |
Total | 15.63 | - | |||
GRAND TOTAL | 323.44 | 32,411 |
*Cyberjaya City Centre is developed by a joint venture between CSB Development Sdn. Bhd., which is 70% owned by MRCB Land, and Cyberjaya Sdn. Bhd.
External Construction
EXTERNAL CONTRACTS | CONTRACT VALUE (RM ‘mil) | TARGET COMPLETION |
---|---|---|
Buildings: | ||
Desaru Convention Centre | 62 | 2019 |
PR1MA Kajang | 173 | 2019 |
PR1MA Brickfields | 335 | 2020 |
Indoor Stadium - Larkin | 68 | 2019 |
Infra: | ||
MRT2 V210 Package - 2.6km Guideway | 483 | 2021 |
NPE Bridge Phase 3 & 4 | 16 | 2021 |
Kwasa Utama C8 (provisional TCC) | 2,958 | 2027 |
DASH - Package CB2 | 341 | 2020 |
LRT3 | 5,686 | 2024 |
Bukit Jalil Sentral (provisional contract costs) | 10,116 | 2038 |
SUKE - CA2 Package | 317 | 2020 |
Fee-based orders: | ||
Kwasa Utama, C8 - Management Contract | 177 | 2027 |
Kwasa Land - PDP Infra | 176 | 2030 |
BUKIT JALIL SENTRAL - Management Contract | 841 | 2038 |
SEMARAK CITY Phase 1 - Management Contract | 27 | TBD |
TOTAL | 21,776 |