KUALA LUMPUR: IJM Land Bhd has introduced its newest property development, called Bandar Rimbayu, which has an estimated gross development value of RM11 billion.
Bandar Rimbayu is a mixed township project that spread over 761ha across Kota Kemuning in Shah Alam, Selangor.
"Designed with an emphasis on sustainable lifestyles for residents with strong connectivity elements, Bandar Rimbayu reflects IJM Land's vision of what townships of the future will look like.
"The green township concept is our response to the demand from residents who are becoming increasingly concerned about giving back to the earth," said IJM Land's managing director and chief executive Datuk Soam Heng Choon in a statement.
In conjunction with the launch of the development project, IJM Land also signed a service agreement with Telekom Malaysia Bhd (TM) for the provision of high-speed broadband (HSBB) infrastructure at Bandar Rimbayu.
"This service agreement with TM, Malaysia's No. 1 broadband provider, signifies our commitment in providing fibre (connection) to home facility... we will be offering TM's HSBB service, UniFi, to residents of our first phase free of charge for one year," Soam said.
The Bandar Rimbayu township is targeted for full completion within 15 years and will boast about 10,000 residential units in total.
The launch of its maiden product, The Chimes, is targeted for the second half of 2012.
By Business Times (by June Ramlee)
Wednesday, May 30, 2012
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