How much is the gross development value for the Shah Alam project?

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The Shah Alam development project has a Gross Development Value (GDV) of at least RM750 million.

The project, situated in Shah Alam, Selangor, spans 10.89 hectares and is being developed by OCR Group Bhd. It is designed to include 2,892 affordable housing units alongside retail spaces.
Project Scale and Location

This development represents OCR Group Bhd's largest property undertaking in Selangor, with an estimated Gross Development Value (GDV) of at least RM750 million. The expansive 10.89-hectare site in Shah Alam has been allocated for a significant housing and commercial complex.
Housing and Retail Components

The development is set to comprise 2,892 units designated as affordable housing. In addition to residential units, the project will also incorporate retail spaces, catering to the needs of the local community and future residents.
Timeline and Expected Completion

OCR Group Bhd has scheduled the launch of this Shah Alam project for the first quarter of 2022. The development is anticipated to reach completion by 2026, indicating a multi-year construction and delivery timeline.

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How much is the gross development value for the Shah Alam project?

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