Project Highlight
Overview of De Centrum City with greenbelt features.
Masterplan for De Centrum City township
at Kuala Lumpur South unveiled
Protasco’s new RM10 billion integrated mixed development will be rolled out in stages
over the next 15 years to spur growth in the Kuala Lumpur southern corridor.
LISTED DEVELOPER Protasco Berhad
recently unveiled its plans for a new township
called De Centrum City in Kuala Lumpur’s
growing southern corridor. With an estimated
growth development value (GDV) of RM10
billion, the new township will be rolled out in
stages over a 15-year period.
The 100-acre freehold tract of land
where the township will be built, is currently
the site for De Centrum Sales Gallery and
Infrastructure University Kuala Lumpur
(IUKL).
A shopping centre called Gallerie @ De
Centrum (Phase One) is also scheduled to
open by February 2016. To date, 70 per cent
of the shopping centre has been leased out to
tenants who will operate convenience stores,
pharmacies, book store, fast-food restaurants
and supermarket, among others.
10 Building & Investment | www.b-i.biz
The entire Phase One development
comprising the shopping centre block with
29 retail units, service apartment block with
320 units, SOHO block with 192 units and 54
shop lots, will be handed over to purchasers
around December 2015.
Within De Centrum City, two towers
(A & B) of De Centrum Unipark have been
completed while the remaining two blocks (C
& D) will be completed by 2017. When fully
completed, De Centrum Unipark will offer a
total of 640 condominium units.
Coming up next is a premium residential
development conceptualised as Rimbawan
Residences @ De Centrum with 504 high-rise
condominium units and 13 exclusive villas.
“De Centrum City is possibly the first
township in Malaysia to be built around an
existing academic institution and there is
growth potential and opportunity not only
for those involved with academia but also
for families looking to set up new homes,
companies looking for a prestigious address
outside the city, businessmen and investors,”
explains Dato’ Ir Kenny Chong Ther Nen,
Protasco Bhd’s Managing Director for
Property & Infrastructure.
The new township is strategically located
in an area dubbed Kuala Lumpur South,
almost midway between Kuala Lumpur city
and the Kuala Lumpur International Airport
(KLIA). De Centrum City can be reached in
approximately 30 minutes from downtown
KL, around 30 minutes from KLIA and
possibly 15 minutes from either Putrajaya or
Kajang.
“Given the location of De Centrum City in
close proximity with IUKL, University Putra