Some of the rides and slides slated for the water theme park at Gamuda Cove.
PETALING JAYA: Gamuda Land has announced the strategic acquisition of a 336-acre land parcel at the southern tip of the 1,530-acre Gamuda Cove development. This expansion is a strategic move to leverage the success of the adjacent Gamuda Cove, where substantial investments have already been made, resulting in a thriving community.
The land was acquired for RM248.7mil, with an estimated gross development value (GDV) of RM2.2bil.
The newly acquired land, strategically positioned south of Gamuda Cove, serves as the southern gateway to the township. Nestled between the lush Paya Indah Discovery Wetlands (PIDW) and the Elite Highway, this acquisition allows Gamuda Land to maximise its placemaking initiatives while capitalising on existing infrastructure investments.
The expansion will also provide alternative access routes via Jalan Dengkil – Banting/Bangi, further enhancing the township's accessibility and appeal to a broader market.
With most of the planned landed residences in Gamuda Cove already launched, this acquisition is a timely move to replenish Gamuda Cove’s residential offerings. The new land parcel will introduce a fresh range of residential products tailored to meet the growing demand for quality landed homes set amidst a master-planned township, ensuring the continued success of Gamuda Cove as a premier residential and commercial hub in the southern corridor of Klang Valley.
Gamuda Land chief executive officer Chu Wai Lune said: "This strategic land acquisition is a continuation of the success we have achieved with Gamuda Cove. Our proven track record in creating sustainable, thriving communities has been demonstrated by the strong uptake of our landed properties, with an average of over 90% sold since 2019. This expansion not only reinforces our commitment to delivering quality homes but also allows us to enhance the overall vibrancy of the township, ensuring it remains a sought-after destination for both residents and investors."
By the end of 2026, Gamuda Cove will have delivered over 5,000 homes, establishing a substantial resident population that provides a strong foundation to support and drive its commercial activities. Gamuda Land’s next focus is to deliver commercial vibrancy through strategic partnerships. Additionally, the company secured partnerships with various organisations to enhance placemaking in Gamuda Cove, including the introduction of eco-tourism activities at the 90-acre Wetlands Arboretum and Paya Indah Discovery Wetlands. These initiatives will complement existing attractions such as SplashMania Waterpark and Discovery Park, further enriching the township’s appeal.
These new offerings will create a dynamic, family-friendly destination that encourages visitors and tourists to support businesses in Townsquare and the upcoming Cove Centrum retail hub.
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