Gamuda and Taylor’s Launch RM500m Redevelopment in SS15 Subang Jaya

Gamuda Bhd (KL:GAMUDA) has announced a partnership with Taylor’s Education Group to redevelop a prime commercial site in SS15, Subang Jaya, into a mixed-use project featuring serviced apartments, purpose-built student accommodation (PBSA), and retail spaces.

With an estimated gross development value (GDV) of RM500 million, the project marks a significant milestone in Subang Jaya’s urban regeneration story and underlines the growing demand for student-focused and lifestyle-centric developments.

The redevelopment is scheduled for completion by November 2029.

A Prime Site in SS15

The project sits just 500m from the SS15 LRT Station, offering seamless access to Kuala Lumpur and the Klang Valley via the Kelana Jaya LRT Line. Within a 5km radius, residents and students will enjoy proximity to key amenities:

Healthcare: Subang Medical Centre.
Retail: Sunway Pyramid, Subang Parade, NU Empire.
Education: Taylor’s University, Sunway University, SEGi College Subang Jaya, INTI International College Subang.

Road connectivity is equally strong, with easy access to Persiaran Kewajipan, Jalan SS15/7, Jalan SS15/8, and highways like the New Pantai Expressway (NPE) and Subang–Kelana Jaya Bypass.

This strategic location cements SS15’s reputation as Subang Jaya’s education, lifestyle, and F&B hub, making it a natural fit for a project that combines residential living with student housing and retail vibrancy.

Project Highlights

Mixed-Use Development

The RM500m redevelopment will introduce:

Serviced Apartments – targeting young professionals and families who seek urban convenience.
Purpose-Built Student Accommodation (PBSA) – 401 new bedrooms, expanding Taylor’s student housing portfolio.
Retail Components – lifestyle, dining, and everyday services integrated into the development.

This blend of components ensures diverse revenue streams, catering to both residents and transient student populations.

Expanding Taylor’s PBSA Portfolio

Taylor’s Education Group executive chairman Datuk Loy Teik Ngan emphasised that the redevelopment strengthens the group’s long-term vision:

“The SS15 prime site has long stood as a legacy landmark for Taylor’s, and this redevelopment marks a bold step in reimagining its role for the future.”

The addition of 401 PBSA bedrooms reflects Taylor’s ambition to expand its student accommodation inventory amid rising demand. By retaining ownership of the PBSA component through its asset management arm, Taylor’s Assets, the group is ensuring stable recurring income while providing modern living standards for its students.

Gamuda’s Role: Urban Regeneration

Gamuda Land, the property arm of Gamuda, is steering the development. Its CEO, Chu Wai Lune, highlighted the company’s dual strategy:

“While large-scale townships remain our foundation, select urban regeneration projects like SS15 allow us to contribute meaningfully to matured neighbourhoods through smart design, connectivity and integration.”

For Gamuda, this project reinforces its credentials in urban renewal and transit-oriented development (TOD), building on its track record with projects like Gamuda Cove, Gamuda Gardens, and HighPark Suites.

Why SS15?

SS15 has long been regarded as the student and lifestyle heartbeat of Subang Jaya. Known for its vibrant F&B scene, co-working cafés, bubble tea outlets, and close proximity to leading universities, the area consistently draws large numbers of local and international students.

Key advantages include:

Education Ecosystem: Taylor’s University, Sunway University, and Monash University Malaysia within a 15-minute drive.
Transport Connectivity: Direct LRT access and highway links to KL, PJ, and Shah Alam.
Established Amenities: From malls to healthcare, Subang offers complete urban conveniences.
Rental Demand: Consistently strong, driven by students, young professionals, and small families.

The redevelopment aligns with these strengths, promising to elevate SS15’s property value while catering to its evolving population.

Market Insights

Rising Demand for PBSA in Malaysia

Malaysia has seen growing demand for purpose-built student housing as the education sector expands. With more international students arriving in Subang Jaya and surrounding areas, PBSA offers:

Higher rental yields compared to conventional residential units.
Strong occupancy driven by continuous student intake.
Institutional-style management ensuring safety, maintenance, and community building.

Taylor’s move to expand its PBSA portfolio reinforces this trend, highlighting PBSA as a robust investment class within the property market.

Serviced Apartments as a Lifestyle Choice

For professionals and small households, serviced apartments in mature areas like Subang Jaya offer:

Affordability compared to KL city centre.
Access to excellent schools, medical centres, and retail malls.
Proximity to workplaces in PJ, KL, and Shah Alam.

With prices in Subang Jaya typically ranging from RM600 psf to RM900 psf, the redevelopment’s serviced apartments could attract both owner-occupiers and investors seeking rental yields.

Impact on Subang Jaya Property Market

The RM500m redevelopment will likely uplift the SS15 property ecosystem in several ways:

Property Value Appreciation
The addition of modern serviced apartments and retail will raise the profile of SS15, attracting higher-value buyers and tenants.
Stronger Rental Market
The influx of students ensures steady demand for rentals, especially PBSA and compact apartments.
Lifestyle Upgrade
The integration of retail and urban design will make SS15 even more attractive to young professionals seeking convenience.
Urban Renewal Effect
By redeveloping a legacy site, Gamuda and Taylor’s are ensuring SS15 remains competitive against newer townships like Sunway South Quay and Bandar Sunway.

KL Property Investors: Why This Matters

For investors focused on Kuala Lumpur property, this redevelopment highlights an important trend: satellite education hubs like Subang Jaya are magnets for demand.

KLCC and Mont Kiara remain luxury and expatriate centres.
SS15 and Sunway capture the student and young professional rental market, offering steady yields.
Investors seeking portfolio diversification should consider projects linked to education ecosystems and transit lines.

This Gamuda–Taylor’s partnership shows how property and education can work together to create sustainable demand, ensuring long-term value.

Conclusion

The RM500 million SS15 redevelopment by Gamuda and Taylor’s is more than a property project — it is a strategic urban renewal that blends lifestyle living, student accommodation, and retail vibrancy in one of Subang Jaya’s most iconic neighbourhoods.

By combining Gamuda’s expertise in urban regeneration with Taylor’s education-driven vision, the project is set to reshape SS15 into a model for integrated, student-friendly living.

For property buyers and investors, the development offers exposure to a resilient rental market, strong connectivity, and the enduring appeal of Subang Jaya as a lifestyle and education hub.

As the project progresses towards its 2029 completion, it will not only redefine SS15’s skyline but also cement its role as a cornerstone of Greater Kuala Lumpur’s property and education landscape.