SUNGAI BULOH: The Selangor State Development Corporation (PKNS) will jointly develop the e.Sentral smart city project with property developer HCK Capital Group Bhd as part of a move towards building low-carbon cities.
PKNS Deputy Chief Executive Officer (Development) Md Kamarzan Md Rais said the ‘mixed-used development’ in Subang Perdana will be developed on 4.05 hectares (10 acres) with environmental, social and governance (ESG) elements.
“This is our first collaboration with HCK and this is their first smart city project,” he said, adding that the Selangor state developer will have a 30% stake with the development executed according to mutually agreed plans.
“PKNS always welcomes cooperation with other developers to develop smart cities with various facilities,” he said at the groundbreaking ceremony.
HCK Group Managing Director Datuk Dr Dennis Ling said the project will have 2 phases with the first phase to begin next month.
“The entire project is expected to be completed within 3 and a half years. We are offering 3,000 units (housing and shop lots) for both phases at an offer price of between RM300,000 and RM550,000.
“PKNS brings expertise in developing sustainable communities, while HCK contributes its smart technology and eco-friendly design. Together, we are setting new standards for smart cities,” he said.
“Subang Perdana was selected because of its strategic location to forested areas and its development will be part of our low-carbon city plan,” he added.
The e.Sentral development will offer advanced features including care plate recognition at barrier gates, facial recognition in lobbies and motion sensor technology to reduce energy consumption.
— BERNAMA