IJM Land to launch Uptown Square on June 19

Rachel Chew / theedgemarkets.com
8 June, 2022
Updated:over 3 years ago
An artist's impression of Uptown Square.

PETALING JAYA (June 8): IJM Land will officially launch Uptown Square, the commercial component of Bandar Rimbayu, in Telok Panglima Garang, Selangor on June 19.

As part of the Rimbayu Business Hub, Uptown Square has a gross development value (GDV) of RM308 million. There are 119 shop offices with sizes ranging from 3,300 to 7,539 sq ft and priced from RM2.08 million onwards.

According to IJM Land in a statement, the units of Uptown Square are divided into two- and three-storey plans, each with a practical layout. It has five access and exit points with ample parking lots.

The commercial site aims to feature an assortment of establishments such as food and beverages, hotels and institutions, residential malls, sports centres, showrooms and corporate offices.

"The investors and business owners are not buying the shops alone, but the whole businesses' ecosystem that will enable them to succeed and prosper," said Bandar Rimbayu senior general manager Chai Kian Soon.

He estimated the population of Bandar Rimbayu to reach 100,000 in the next five years, and is expected to create a vibrant community and a bustling lifestyle.

Furthermore, with the entry of J&T's Logistic and Distribution Centre that measures 30 acres with a proposed investment of RM600 million, as well as the proposed hypermarket and 3S Centre, it will bring in a workforce of 4,000 to Bandar Rimbayu, which will benefit businesses such as flea markets, restaurants, and others in Uptown Square.

Bandar Rimbayu sits on 1,879 acres with a GDV of RM11 billion. It can be accessed via Lebuhraya Shah Alam (KESAS), Lebuhraya Kemuning-Shah Alam (LKSA), Expressway Lingkaran Tengah (ELITE), South Klang Valley Expressway (SKVE) and West Coast Expressway (WCE), which will be completed in 2024.

Edited by Wong King Wai

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