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New Straits Times
5 hours ago
- Business
- New Straits Times
Putrajaya Holdings to open tenders for RM4bil Kota Madani project in Q3
PUTRAJAYA: Putrajaya Holdings Sdn Bhd is set to launch the tender process for the RM4 billion Kota Madani urban development in Precinct 19, Putrajaya in the third quarter of this year. Putrajaya Corporation president Datuk Fadlun Mak Ujud told Business Times that the 41.28-hectare development will be carried out under a build, lease, maintain and transfer (BLMT) model, framing it as a long-term, asset-backed initiative aligned with national urban development goals. He said the project's estimated development cost stands at RM4 billion, although the final figure will be confirmed once implementation begins. "This is a government housing project. We're not selling the units, but leasing options may be considered if there is demand," Fadlun added. He said Kota Madani goes far beyond traditional residential development, describing it as a high-impact, strategic initiative designed to reinforce Putrajaya's position as a world-class, people-centric city under the government's Madani framework. Fadlun said Putrajaya Holdings was appointed as the master developer of Kota Madani based on its extensive experience and proven track record in developing Putrajaya, Malaysia's largest and most ambitious urban project to date, which now encompasses over 22,000 residential units. He said a transparent open bidding process will be launched in the coming months, inviting qualified contractors and service providers to participate. Contract awards will be merit-based, with a strong emphasis on technical capability, integration of sustainable solutions, and alignment with the township's smart city and community-focused vision. The ground breaking of Kota Madani is scheduled for this Thursday, officially kicking off a transformative urban initiative aimed at elevating the standard of living in Malaysia's administrative capital. Kota Madani will offer 10,000 high-density vertical housing units built in three phases, accommodating up to 35,000 residents upon full completion. It will also feature artificial intelligence-driven systems, advanced digital infrastructure, and a suite of green mobility options to support a low-carbon lifestyle. The project's first phase (1A and 1B), which comprises 3,000 high-density residential units and an eight-storey school, is targeted for completion by the end of 2027. Kota Madani is designed to serve as a model township under the government's Madani framework, integrating smart technologies, green infrastructure, energy-efficient systems, and essential public services into a cohesive urban ecosystem. Key components of the township will include government quarters, healthcare facilities, schools, financial institutions, and green mobility solutions, all within walkable, self-contained residential precincts, according to Malaysian Institute of Planners president Datin Mazrina Abdul Khalid. The township will be anchored by the CHASE vision (clean, healthy, advanced, safe and eco-friendly), a policy framework designed to transform Malaysia's federal territories into liveable, sustainable cities. This vision emphasises environmentally responsible practices, digital integration, and inclusive infrastructure as foundations for improved urban quality of life. Mazrina said the township's masterplan draws inspiration from Malaysia's architectural heritage, merging cultural identity with modern urban design to create a distinctive living environment. "Kota Madani goes beyond conventional housing. It is a forward-looking model for smart, sustainable, and inclusive development," she said. Mazrina said complementing residential areas, critical amenities such as a health clinic, fire station, police station and mosque will be located nearby, reinforcing the township's focus on accessibility, safety and holistic well-being. She noted that the project will feature green elements, including energy-efficient initiatives, which form the core foundation of the Kota Madani development. With its strong policy alignment, future-ready design, and strategic execution model, Kota Madani is poised to become a benchmark for urban development not only in Putrajaya but across Malaysia.
Barnama
19 hours ago
- Business
- Barnama
Kota MADANI Project To Begin In 3Q, Costing RM4 Bln
REGION - CENTRAL > NEWS PUTRAJAYA, June 24 (Bernama) -- The phased development of Kota MADANI in Precinct 19, Putrajaya — a government quarters project — is set to begin in the third quarter (3Q) of this year, with an estimated total cost of RM4 billion. Putrajaya Corporation (PPj) president, Datuk Fadlun Mak Ujud, said the project is a federal government initiative following an in-depth study which identified an urgent need for affordable housing, particularly for civil servants. "The government has agreed for the development to proceed under a Private Finance Initiative (PFI), and Putrajaya Holdings Sdn Bhd (PjH), a subsidiary of Petronas, has been appointed to implement the project. The development cost approved by the government is around RM4 billion," he told reporters during a Kota MADANI briefing attended by Minister in the Prime Minister's Department (Federal Territories), Datuk Seri Dr Zaliha Mustafa, here today. bootstrap slideshow Fadlun said all development costs will be detailed in a definitive agreement and thoroughly scrutinised by the Public Private Partnership Unit (UKAS), including through value engineering processes to ensure cost efficiency and effectiveness of public investment. "This project is based on the build, lease, maintain and transfer (BLMT) concept, meaning the government does not directly bear the maintenance costs of the quarters but pays through a long-term lease as set by the government. Therefore, the financial burden is significantly lower compared to current models. "This is the approach being introduced for the development of quarters, and the repayment period will also be determined by UKAS. The government is carefully reviewing all implementation costs of this project," he said. Fadlun added that the first phase of the development, beginning this September, will comprise 3,000 residential units under phases 1A and 1B, along with a vertical school expected to be completed by 2027 — allowing educational facilities to operate concurrently with the completion of housing. He said an open tender process will soon be carried out by PjH, stressing that the government will not be directly involved in contractor selection but will closely monitor overall costs and the approved budget ceiling. Occupying 41.28 hectares, Kota MADANI will feature 10,000 high-density vertical residential units for more than 30,000 residents.
