PROPERTY REVIEW
iherng iherng
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 Published On Jul 21, 2024

Shout-out to the team for the overall update on this fabulous township. For viewing arrangements, do reach out to the team directly via:
Website: https://bit.ly/4d7Tv7l
Contact: 03-8008 7999

First of all, the rate of progress by this team on this development is just mind blowing. Almost the entire township are developed simultaneously. Since our previous visit, they have gotten so much work done. They have opened SplashMania as a catalyst to bring population in. A new bridge connecting to Cyberjaya will be ready soon. A new commercial project called Townsquare is handing over soon. Their e-tram system is also in operation now which contributes to their overall green initiatives.

In this visit, we checked out their latest launch Cove Centrum which is a stratafied commercial area that consists of retail and office spaces. In continuation of the success of Townsquare, the car free concept is once again adopted to enhance the shopping experience. The overall European architecture inspired design also matches their overall intent of making Gamuda Cove a tourism destination. However, not all investors favour stratafied format shop offices due to the obligation that comes with the ownership such as maintenance fees and AGM meetings.

The distance of the township away from the city then might be a concern. The commercial area is designed to provide convenience to the existing residents, also the visitors that comes into the township during the weekends. In addition to that, there is a dedicated leasing team that is actively promoting the commercial spaces to get businesses into the township.

Hardware wise, totally no problem. Track record wise, all previous commercial areas are 100% sold out. The only variable now would be the software, which are businesses that is interested to operate in this township.

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