Sime Darby Bhd and UEM Sunrise Bhd have launched Radia, a RM1.6bil integrated development with 2.7 million sq ft of floor area in Bukit Jelutong, Shah Alam, on Tuesday.
The 50:50 joint venture by Sime Darby Property and Sunrise Bhd, a unit of UEM Sunrise, will be managed by Sime Darby Sunrise Development Sdn Bhd.
The new development – designed by French architecture firm J+H Boiffils and expected to be completed in 2018 – will comprise 640 units of serviced apartments, office spaces (400,000 sq ft) and retail space (880,000 sq ft), all set in the heart of the Bukit Jelutong township.
Radia is expected to host 25,000 residents and workers when it is completed.
Access to major urban centres like Shah Alam, Klang and Kuala Lumpur will be through such highways as the New Klang Valley Expressway, Guthrie Corridor Expressway, Federal Highway and the North-South Expressway Central.
“This development is aligned with Sime Darby Property’s journey of innovation, from a developer of townships to a developer of themed, integrated, transit-oriented developments and niche developments,” said Sime Darby Property’s managing director Datuk Abd Wahab Maskan.
“UEM Sunrise looks forward to this joint venture with Sime Darby Property,” added UEM Sunrise CEO, Datuk Wan Abdullah Wan Ibrahim.
“Our extensive experience in large-scale integrated development such as Solaris Mont’Kiara, Solaris Dutamas, Publika and Nusajaya, amongst others, along with Sime Darby Property’s market and development know-how will be key in transforming further Bukit Jelutong into thriving sustainable communities of the future.
“The development, comprising retail, commercial, office, lifestyle and entertainment centres such as Radia is timely as it will fulfil the immediate and long term needs of the Bukit Jelutong community and the wider catchment area of Greater Kuala Lumpur/Klang Valley,” he added - The Star
