The town of Bangi in Selangor will soon see a new development that is set to be a major commercial hub and vibrant residential township in the southern corridor of the Klang Valley.
Bandar Puteri Bangi, an integrated mixed development by IOI Properties Group Bhd, sits on 370 acres of prime freehold land near the state border between Bandar Baru Bangi and Nilai, Negri Sembilan, with direct access from the North-South Expressway.
“We are committed to creating the ultimate township living experience with an emphasis on sustainability and individuality,” said IOI Properties Group Bhd chief executive officer Lee Yeow Seng
“A 148-acre site – approximately 40% of the land – will be earmarked for the development of a vibrant commercial hub that will offer outdoor dining, street cafes, quaint boutiques and flashy showrooms,” said Lee.
He added that another 40% of the 370 acres will be developed as residential precincts consisting of both landed and high-rise property while the remaining 20% will be allocated for landscaping, parkland and public amenities.
At a gross development value of approximately RM4bil, the entire site will be transformed into a fully integrated modern township over the next eight to ten years.
The lifestyle concept for Bandar Puteri Bangi is evident in its plans for a green and stylish boulevard landscape concept on a network of streets collectively called the ‘Streets of Dreams’.
These streets follow unique themes such as “California Street”, “Tropical Street” and “Art Street”, and they reconnect the urban population with the natural landscape through a system of parks, paths and open public spaces.
“Residents can also reconnect with nature at our large green space, the ecoOasis Parkland, or relax and wind down with the arenaOasis Clubhouse at their doorstep,” Lee added.
Its strategic location in the southern corridor also enjoys a wide range of amenities in the existing neighbouring townships, which include universities, shopping destinations, hospitals, hotels, popular recreational spots and public transportation.
According to property director Teh Chin Guan, the first phase of shop-office blocks are set to be launched as early as next month while the first phase of landed superlink houses will be launched in November.
With the market price of link houses in a neighbouring township set at about RM600,000, Teh says that their much larger superlink homes, with built-up areas starting from 2,700 sq ft, will likely sell for no less.
“We also have our first phase of serviced apartments in the works – about 669 units, expected to launch early next year,” he added.
Other types of residential property in Bandar Puteri Bangi to be launched in future phases include terrace houses, townhouses, affordable apartments and condominiums.
