KUALA LUMPUR (Aug 14): Property developer Country Garden Malaysia today unveiled its first integrated transit-oriented development project in Kuala Lumpur.
The project, called Lake City @KL North, is set to follow the HOPSCA concept. HOPSCA stands for hotel, office, park, shopping mall, connectivity and apartments.
Lake City @KL North has the characteristics of a complete neighbourhood, bringing added value and urban functions that allow the development to integrate with the external city through an efficient transportation system in place — bringing convenience to overall aspects of life.
"The HOPSCA concept, while relatively new in Malaysia, is quickly getting the attention of urban planners as it can accommodate the rapid growth of a city's urban population and provide for a more organised use of land space.
"Sitting on 80 acres of prime land, Lake City @KL North will be able to increase the economic activity to create new jobs, ease sustainability and transportation issues, establish landmarks for the city and create synergistic communities," said Country Garden Malaysia regional president Jason Fu said at a media launch of the project here.
Property in KL North saw an appreciation mainly due to the upcoming Mass Rapid Transit Line 2 (MRT2), with seven out of the 26 proposed stations slated to be within the vicinity.
Renowned map maker and chairman of Ho Chin Soon Research Ho Chin Soon said the major shift in attention towards KL North has been quite significant over past few years.
He sees plenty of potential in KL North becoming another major hub of the Klang Valley as many developments are set to cater for the rising population here.
"Lake City @KL North will diversify living spaces centred around interconnectivity which sets it apart from other developments.
"This seamless integration of urban transportation offered in addition to accessibility to highways like the LDP, DUKE, MRR2, will regenerate KL North even further, turning the area into a residential destination of choice," Ho added.