This article first appeared in City & Country, The Edge Malaysia Weekly on November 2, 2026 - November 8, 2026

The former Taylor’s College campus was a landmark in SS15, Subang Jaya, Selangor, with many students regarding it as the place where they started their journey towards adulthood.

“Everybody knows the legacy of Taylor’s College campus in SS15. It has given a lot of opportunities to generations of students,” says Sheena Angelina, president of Taylor’s Assets, the property investment and asset management arm of Taylor’s Education Group.

In 2019, Taylor’s Education Group consolidated all its campuses at the Taylor’s University Lakeside campus, leaving the SS15 campus vacant. Subsequently, a few private educational institutions leased the campus, but those arrangements did not last long.

A new plan for the campus was announced in September 2025, when Taylor’s Assets formed a joint-venture partnership with Gamuda Land — the property arm of Gamuda Bhd (KL:GAMUDA) — to redevelop the site.

Less than a year after the announcement, the two parties unveiled Haus on 15 to replace the old campus and held a groundbreaking ceremony in July to mark the commencement of construction. Three months later, the campus was demolished.

During a recent visit to the Haus on 15 sales gallery, located close to the construction site, the place was packed with interested buyers.

For Gamuda Land CEO Gim Teck Yew, the turnout was positive, especially with the official launch scheduled for Oct 31.

A 2.88-acre freehold development with a gross development value of RM540 million, Haus on 15 will comprise three components — two 31-storey serviced apartment towers, a block of purpose-built student accommodation (PBSA) and 18 retail units spread across three levels.

The 614 serviced apartments will have built-ups ranging from 690 to 980 sq ft, including dual- and triple-key configurations, and prices start from RM736,800. In addition, co-working, leisure and community spaces will be among the facilities provided.

The PBSA component, meanwhile, will be owned by Taylor’s Assets and managed by Taylor’s Hostel Management. It will comprise 253 units with a capacity of 401 beds.

According to Sheena, Taylor’s Assets wanted to give the former campus a meaningful purpose while ensuring that its educational legacy continues. To achieve this, it sought a like-minded partner for the redevelopment.

“We wanted to partner with Gamuda Land because we share common values. We have campuses in Gamuda Cove and Gamuda Gardens,” she says.

“Gamuda Land is very committed to sustainability and community living. They bring great experience into their developments and that complements us well because we want to bring the elements of student living experience and education into the development.”

Gim says construction work is progressing ahead of schedule, with the basement already completed.

“We take care of the community around us. For example, if there are exams going on at the schools nearby, we will slow down our construction. We constantly engage with the schools,” he says. The development is slated for completion in 2029.

Gim says Haus on 15 is positioned to capture three groups of buyers: investors drawn by strong rental yields amid limited supply; parents purchasing for their children; and graduates who want to continue living in the community they are familiar with.

“Investors are looking to invest because the yield is very strong, between 7.4% and  9%,  and there is a lack of supply amid high demand from foreign students in this area,” he explains.

“In addition, many of our [prospective] buyers are parents looking to buy for their children — for two reasons. First, when your children study in universities around here, they will stay in this area. Second, when they graduate, they tend to want to be in the same community because of the support system. Having experienced the positive environment around the PBSA, they value that community support system when they enter society and face real-life challenges.”

For those who will continue to live there, the units could eventually become investment properties as they climb the corporate ladder and accumulate more capital to purchase homes in other locations.

“When people buy property, they also think about their exit plan. Once they reach a certain stage — for example, if their income level increases — when they move out, this can be their investment property,” Gim says.

The retail component is also for sale, with prices starting at RM1.52 million. The built-up size ranges from 1,399 sq ft to 2,829 sq ft. Although the units are on the market, the partners are being selective about whom they sell to.

“Our first consideration is always the value they can bring. We’ve had many prospective tenants pitch us exciting ideas for retail offerings and concepts tailored to students’ lifestyles,” Gim says.

He adds that the retail component aims to complement SS15’s vibrant lifestyle, pointing to how the area quickly embraced the bubble tea craze in the late 2010s. “You want that lifestyle retail scene to continue here.”

Sheena agrees, adding that buyers will be carefully selected to ensure they complement both the development and the wider community. “We’re very selective because we want to maintain the standard and quality of the living experience.”

Sheena says demand for PBSA is strong in SS15.

“We are in an education precinct. Subang Jaya itself has about 70,000 students.”

International students account for about 50% of Taylor’s University’s student population and 35% to 40% at other nearby institutions. She estimates that 30,000 to 35,000 beds are needed for international students alone.

“Demand extends beyond Taylor’s students to those at nearby colleges and universities. How do we integrate this into the entire development’s ecosystem?”

Sheena says PBSA is an emerging asset class in Malaysia but an established market in the UK and Australia. “We see strong potential, as data shows that supply falls short of demand.”

She attributes the supply shortfall to rising student numbers, particularly international students. “Accommodation has not kept pace with that growth. Beyond on-campus housing, there are few options in the market apart from Taylor’s. There is a wide gap, so we see a fantastic opportunity in that.”

Besides the lack of supply, Gim highlights the shortage of quality student accommodation. “As a parent, you want the assurance that your child will stay in a place where their well-being is being taken care of. We see the demand for student housing growing but the supply is not catching up.”

He says much of the demand is currently met by landed houses, where landlords subdivide the properties into more rooms to accommodate more tenants.

“Many landed houses rented to students have been renovated to fit 10 rooms. We visited some and found rooms with no windows. It’s very dark and the ventilation is very bad,” says Gim. In contrast, every room at Haus on 15 will have large windows and good ventilation.

Sheena says unregulated, low-cost rental housing often comes at the expense of students’ safety, security and quality of life. Haus on 15 has been designed with these issues in mind. “Our success is measured not just by how we manage the property, but by how we support students. Is the environment inclusive? Are their overall well-being needs met? We want them to feel at home and safe throughout their journey here,” she says.

According to Sheena, the design process was carried out in collaboration with Gamuda Land to ensure the latter understood which elements were important to students, from the facilities and space to the materials used.

“We are not just providing accommodation, but a living environment that enriches the student experience,” she says.

Gim says the development, which has received provisional GreenRE Bronze certification, emphasises sustainability and efficiency, with estimated energy savings of 20%. Features include LED lighting, energy-efficient lifts, drought-tolerant landscaping, electric-vehicle charging facilities and cross-ventilation design.

As the first project of its kind for both Taylor’s Assets and Gamuda Land, Haus on 15 carries high expectations for both partners to deliver a successful development.

Gim says: “We always strive to execute well and delight our customers. As our maiden project with a PBSA component, it will serve as a benchmark for similar projects to come.”

Save by subscribing to us for your print and/or digital copy.

P/S: The Edge is also available on Apple's App Store and Android's Google Play.