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Oasis Ara Damansara is divided into six phases of development on 15.7 acres, and has a gross development value (GDV) of RM500mil. It has two office towers integrated into a lifestyle environment featuring shops, a landscaped jogging track, serviced apartments and Central Piazza, featuring cafes and shops as well as a floating stage.
In will also have a comprehensive security system ranging from CCTV cameras, central monitoring system to how the buildings and service roads are designed to ensure maximum safety.
The development of the first phase, which is likely to start early next year, is expected to generate a GDV of RM133mil. It will comprise 288 shop offices and office suites in two 10 to 12-storey blocks. The first phase is targeted to be completed by end-2009 and all the six phases by 2011.
The project is undertaken by Sime Darby Brunsfield Holding Sdn Bhd, a joint-venture company between the property divisions of both Sime Darby and Brunsfield. Sime Darby Property, which owns about 87 acres in the area, has some 70 acres of prime commercial land left. The remaining land bank would be used to complement Oasis Ara Damansara by developing a mix of retail and office space and serviced apartments.
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