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Kwasa Land Sdn Bhd is the master developer of the Kwasa Damansara township. A subsidiary of the Employees Provident Fund - the Malaysian pension fund - it was formed in 2010 to execute the EPF's mandate to develop the rubber estate formerly owned by the Malaysian Rubber Board and used for research by Rubber Research Institute Malaysia (RRIM). [2]
The Kwasa Damansara station is a mass rapid transit (MRT) station that serves the future township of Kwasa Damansara in Selangor, Malaysia, which is currently being developed. It is the first station of both the MRT Kajang Line and MRT Putrajaya Line .
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [ 8 ] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
The Kwasa Sentral station is a Mass Rapid Transit (MRT) station serving the future development project known as Kwasa Damansara in Section U4 of Shah Alam, Selangor, Malaysia. It is one of the stations of the MRT Kajang Line , formerly known as MRT Sungai Buloh–Kajang Line and was opened on 16 December 2016 under Phase One operations of the line.
The line will pass through the city centre and will serve densely populated suburban areas including Kota Damansara, Mutiara Damansara, Bandar Utama, Taman Tun Dr Ismail, Bukit Damansara, Cheras, Bandar Tun Hussein Onn and Balakong, with a total catchment population of 1.2 million people. Thie line commenced construction in July 2011 and was ...
By 3 April 2021, The Construction progress of Phase One section of the MRT Putrajaya Line (Kwasa Damansara – Kampung Batu) is at 97% and was planned to begin operations in August 2021. [25] However, this was postponed multiple times due to the COVID-19 movement control order in Malaysia [ 26 ] and that the line requires furthering testing.
The platform 4 (Kwasa Damansara bound) of the TRX Station which serve the Putrajaya Line. The Tun Razak Exchange station is designed as an interchange station with the MRT Putrajaya Line, making it the second interchange between the two lines, the other being Kwasa Damansara. As a result, the Tun Razak Exchange has a stacked island platform ...
At the early stages of the project before the finalisation of station names, the Kota Damansara MRT station was referred to by the working name of PJU5 MRT Station. [3] The switch to the name Kota Damansara caused some confusion as there was another station that had "Kota Damansara" as its working name, which was later given name Kwasa Damansara.