MK Land Holdings Bhd's commercial and community hub, Damai Street Mall in the Damansara Damai township, sited at the 11th mile Jalan Kepong-Sungai Buloh, is expected to begin operations by the end of the year.
According to MK Land executive chairman Tan Sri Mustapha Kamal Abu Bakar, Damai Street Mall's development cost is RM3mil excluding land cost.
The street mall, which consists of 28 shops and two restaurants, will be complemented by an adjacent ProJET Superstation and a McDonald's restaurant to better serve the growing community of the Damansara Damai township, he told reporters after the ground breaking ceremony for the community hub yesterday.
The event was officiated by Mustapha's close friend Tun Ibrahim Ismail, the first retired army general to be conferred the title Tun.
Mustapha said the mall would be dubbed Tok Yim's Corner, after Ibrahim's nickname.
He said the mall, petrol station and McDonald's restaurant would be built on a fast-track basis in view of the rapidly maturing township.
With an anticipated population of 60,000 in Damansara Damai within the next two years, the large number of residents will form an ample customer base for the outlets as well as other businesses that will be located in Damai Street Mall, he said.
Mustapha said the mall would be designed to provide a clean and affordable environment for family outings and foster closer integration among the various races living in the township.
We plan to duplicate this concept in new our township projects as we feel this concept is workable and good for the country, he said.
He said the company had built several facilities in the township such as urban parks with jogging tracks, gardens and adventure trails, primary and secondary schools, shop-apartments and a surau to enhance the quality of life of the residents.
The Damansara Damai project was launched in mid-1998 when the country was struggling with the economic downturn.
MK Land subsidiary Medan Prestasi Sdn Bhd, the township's developer, has launched more than 13,750 houses in Damansara Damai, with sales value of more than RM1bil.
Did you find this article insightful?