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I-City is a 72 acres ICT-based urban development beside the Federal Highway in Section 7, Shah Alam, Selangor, Malaysia. Master planned by world-renowned and award-winning architect Jon A Jerde, i-City was designed as a fully integrated intelligent city, comprising corporate, leisure and residential components such as a 1.0 million sq. ft. regional shopping mall, office towers, Cybercentre office suites, hotels, apartments, data centres and innovation centre.
i-City is a MSC Malaysia Cybercentre where knowledge-based companies with MSC Malaysia status can enjoy the various incentives offered under the MSC Malaysia Bills of Guarantee. It has also been endorsed as a Tourism Destination by the Ministry of Tourism and declared as an International Park by the Selangor State Government where entertainment and other cosmopolitan lifestyle outlets are permitted to operate on a 24 X 7 basis.
With 13 million sq ft of approved built-up and a Gross Development Value of RM 3 billion, this gated and guarded development is today recognized as a catalyst in the transformation of Shah Alam into an International City. Although todate only 20% of the land area has been developed, i-City is already an established MSC Malaysia Cybercentre as well as leisure hub in Shah Alam attracting 90,000 visitors a week to experience its LED lightscape, Snowalk as well as the various themed attractions.
Property Name : I-SOHO TOWER A1
Property Type : Soho
Developer : i-city properties Sdn Bhd
Completion Date : 2015
Tenure : Freehold
Land area : 72 acres
Land Title : Residential and Commercial
No of Units : 387 unit
Built-up(sf) : 799/805 sf
Composition :
- 43 storey building
- 6 storey of car park(2 basement & 4 elevated )- 1800 car park bays
- monthly car park rental is about RM 30
- 2 level of retail
- 1 level of facility floor
- 34 level of soho units
-MSC Malaysia Cybercentre Status ,24 Hour Security
-50m lap pool,Chilren pool,roof top garden ,retail,cafes/Dinning viewing deck,Library,Gymnasium,Child care,kindergarten,Multipurpose Hall
-Early Bird Discount ,Free Interest During Construction ,Free SPA Legal Fees, Free I-Card
-Additional for early bird Free furnish ( Air Conditioner x 3 units ,Washing Machine,Fridge,Kitchen Cabinet ,Hood& Hob)
UNIT FLOOR PLAN
LATEST TOURISM ATTRACTED
In line with state's vision to transform the capital city of selangor to be an international city ,we will improve the township infrastruture and the linkages to MRT system and highway interchanges ,as well as encourage the development of high-end urban project .
As one of the designated growth centres under the capital city's 2020 plan,I-City ,a MSC Malaysia Cybercentre and Tourium destination located along the Federal Highway is intended to be catalyst in this transformation.'
YAB.Tan Sri Dato Seri Abdul Khalid Ibrahim Mentari Besar Selangor .
I-City LRT Station
2020 Extend from Kelana Jaya Undertaken by Federal Government
I-City Mall
Thailand’s home grown Central department store is to be the anchor tenant of i-City Mall in Shah Alam, Selangor upon its completion in 2015( Thailand's Largest Retail Developer ,Central Pattana Public Company Limited ), said I-Bhd CEO Datuk Eu Hong Chew, after the signing of an MoU with Central Pattana plc (CPN).
The MoU will see the formation of a 60:40 joint venture (JV) between CPN, the retail development arm of Thailand’s Central Group, and I-Bhd unit I-City Properties Sdn Bhd (ICP) for the development and management of the 18-acre i-City Mall located within the i-City development in
Shah Alam. Under the terms of the JV, CPN is to be specifically responsible for the design and management of the i-City Mall.
The rationale for I-Bhd to rope in Central Group is the diversity of its business. Central Group owns CPN, Central Retail Corp (CRC), Central Marketing Group, Centara Hotels and Resorts Ltd and Central Restaurants Group.
Top Supermarket is one of the business arms of Central Retail Corp.
CPN has the largest share of the Bangkok retail market at 24%, with more than 30 years of experience under its belt. With the opening of Central Plaza in Suratthani and Lampang at the end of the year, CPN will have 20 malls in its portfolio.
While I-Bhd has been seeking an experienced mall developer, CPN brings with it the support of associate company CRC. The retailer has under its management department stores like Central, Zen, Robinson and Italian luxury outfit La Rinascente.
“Not many groups can bring such support and management to the [i-City Mall] project,” said Eu.
In fact, CPN plans to bring its strongest retailers to i-City Mall and hopes that in future, a similar move by Malaysian retailers to Thailand can be made, said CPN president and CEO Kobchai Chirathivat. The i-City Mall will be built at a cost of RM500 million. Construction is expected to begin early next year and upon completion in 2015, the mall
will have about 150,000 sq m of retail space.
“Malaysia is one of the countries in which we think the opportunities for expansion are enormous. The Malaysian government has a very
consistent policy for foreign investment and also manages the economy in a very consistent manner,” said Kobchai, citing the multiple reasons CPN has chosen to partner I-Bhd. Central Group chairman Sudhitham Chirathivat (second from left) ex-changing documents with I-Bhd executive chairman Tan Sri Lim Kim Hong, flanked by Central Pattana plc CEO Kobchai Chirathivat (left) and I-Bhd CEO Datuk Eu Hong Chew.
CPN also favours the growth of the Malaysian economy and the sizeable purchasing power of its consumers which, according to Kobchai, is
almost twice that of the Thai people.
“In terms of depth of retail choices in the economy, I think there is opportunity for a company like us to move to Malaysia,” he added.
http://www1.cpn.co.th/property.aspx (CPN Profile)
FOR MORE INFORMATION PLS KINDLY
CONTACT CHLOE @ 010-401 8813
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