First residential developments in Gamuda Cove see good take-up

This article first appeared in City & Country, The Edge Malaysia Weekly, on December 2, 2019 - December 08, 2019.

Artist’s impressions of the water theme park. Picture by Gamuda Land

From left: Gamuda Cove general manager Wong Yik Fong, Gamuda Land executive director Datuk Abdul Sahak Safi, Gamuda Land CEO Ngan Chee Meng, Aw and Soo at the groundbreaking of the water theme park

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The first landed homes and serviced apartments put up for sale in Gamuda Cove, Dengkil, have seen a good response, said Gamuda Land chief operating officer Aw Sei Cheh. Speaking at a press conference after the groundbreaking ceremony of a water theme park in Gamuda Cove on Nov 21, he said Palma Sands — comprising 490 two-storey terraced houses launched in January — has seen a 70% take-up rate so far.  The units have built-ups of 1,824 to 2,739 sq ft and selling prices starting at RM645,000.

The first block of serviced apartments, Maya Bay Residences, was launched last month and has also recorded sales of 70%. The 220 units available (excluding the Mampu Milik units) have built-ups of 550 to 968 sq ft and selling prices of RM250,000 to RM477,000.

More buyers of Palma Sands buy for their own occupancy while in Maya Bay, there are more investors.

The purchasers are from Subang Jaya, Puchong, Shah Alam, Petaling Jaya, Kuala Lumpur and Klang.

The developer is looking to launch the second parcel of landed homes and the second block of Maya Bay Residences in two to three months, Aw said. “A lot of key differentiators for the yet-to-be named landed homes will be introduced. We are looking at a whole new way of design, layout and other things,” Aw said.

Apart from focusing on new launches, Gamuda aims to promote tourism activities to drive socioeconomic growth in the area with facilities such as the upcoming water theme park and Discovery Park.

The groundbreaking for the 18-acre water park, which has a rainforest theme, was marked by a tree-planting ceremony. Targeted to be opened in December 2021, it will feature 18 rides, which will be the first of their kind anywhere or in Asia or Malaysia. For example, there will be water rides incorporated with virtual reality (VR) technology as well as interactive slides, leisure and hospitality director Aaron Soo explained.

The park will also feature a 300m lazy river, twin surf beaches with private cabanas, simulated surfing and interactive waterplays.

About 70% of the park will be alloted for green spaces with tropical trees, shrubs and flora, in line with Gamuda Land’s commitment to sustainability.

Soo said the developer will invest RM350 million on the water theme park, including the land cost, with the slides costing about RM90 million.

“To compete in this market, we want to be differentiated. Our key strategy is to introduce rides that are currently popular but unavailable in Malaysia so that when we open, we will be the leader,” he said.

The water theme park will be managed by the developer and will subscribe to safety standards set by The Global Association for the Attractions Industry (IAAPA). Soo said the entry tickets will not be more expensive than other theme parks.

Meanwhile, members of Gamuda Land’s loyalty programme G L Friends will enjoy discounts and promotions to the water theme park as well as other Gamuda Cove attractions, according to Aw.

Next month will see the opening of another attraction — the 23-acre Discovery Park, which will have two recreational zones — The Adventure Park and The Hangout Village.

Activities include a rope course and indoor go karting as well as Southeast Asia’s first Aerobar, a food hall and other F&B outlets.

Apart from these two parks, tourism in the area will get a boost with the 1,111-acre Paya Indah Wetlands, adjacent to Gamuda Cove,  set to be given a new lease of life.

The developer has obtained approval in principle to partner the Ministry of Water, Land and Natural Resources and the Selangor government to jointly manage and operate the wetlands, Soo said.

He said the wetlands will be rebranded Discovery Wetlands by early next year to revive eco-tourism in the area and will boast new activities such as cycling, fishing, bird watching and horse riding.

The 1,530-acre Gamuda Cove is located along the North-South Expressway Central Link (ELITE), bordered by the 7,600-acre Kuala Langat forest reserve and the Paya Indah Wetlands. The RM20 billion development is accessible via a direct interchange from ELITE, Putrajaya-Cyberjaya Expressway, South Klang Valley Expressway, Maju Expressway, North-South Expressway, Shah Alam Expressway, Damansara-Puchong Expressway and the upcoming West Coast Expressway.