Artist's impression of the redevelopment, which will be a mixed-use development featuring a serviced apartment tower, purpose-built student accommodation and retail spaces.
PETALING JAYA: Gamuda Land has entered into a collaboration with Taylor Assets, the property investment and asset management arm of Taylor’s Education Group, to redevelop a 2.88-acre freehold commercial site in SS15, Subang Jaya.
With an estimated gross development value (GDV) of RM500mil, the redevelopment will introduce a vibrant mixed-use development comprising a 31-storey and a 30-storey serviced apartment tower, a 17-storey purpose-built student accommodation (PBSA) block and retail spaces to enhance SS15’s liveability and commercial vibrancy.
“This redevelopment is a strategic step forward for Gamuda Land as we continue to apply our town-making expertise beyond our core township developments. While large-scale townships remain our foundation, select urban regeneration projects like SS15 allow us to contribute meaningfully to mature neighbourhoods through smart design, connectivity and integration. With the PBSA and retail spaces — all designed with liveability, accessibility and community in mind — the development will rejuvenate a well-loved part of Subang Jaya,” said Gamuda Land chief executive officer Chu Wai Lune.
Situated within a mature business and education hub, the development is supported by a diverse range of amenities and benefits from its strategic location in Subang Jaya, which has a catchment population of approximately 478,000 residents and 341,000 workers, according to Gamuda Land.
“The SS15 prime site has long stood as a legacy landmark for Taylor’s, and this redevelopment marks a bold step in reimagining its role for the future. This transformation will not only revitalise the heart of Subang Jaya but also reaffirm its significance as a centre of community life. Importantly, this project will add 401 bedrooms to our PBSA portfolio, with the ambition to expand student accommodation inventory as demand strengthens. In doing so, the development enhances Taylor’s ability to respond to market needs with flexibility and foresight,” said Taylor’s Education Group group executive chairman Datuk Loy Teik Ngan.
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