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Tuesday, January 29, 2008

Mah Sing giving Sungei Besi a new face

Once upon a time, the Chan Sow Lin area in Kuala Lumpur was known for industrial activities, particularly automotive repair and metal works.

Landmarked by buildings such as the former British American Tobacco (BAT) factory along the Jalan Sungei Besi main road which connects the KL-Seremban highway with Jalan Tun Razak, this fringe city location is now poised to be transformed into a vibrant commercial hub.

Among the agents of change is Southgate, an integrated commercial-cumleisure project that will take shape on 4.76 acres of land previously occupied by BAT.

Situated opposite the headquarters of its developer, Mah Sing Properties Sdn Bhd (MSP), Southgate will, said MSP deputy chief operating officer Andy Chua, be "just minutes away from KL’s business hub" and offer owner-occupiers and investors attractive propositions.

Consisting of five blocks, two have been earmarked for en-bloc sale while the other three – called Vox, Vivo and Verve – are now open for sale on a stratified basis.

"The three blocks will be linked by an atrium boulevard that will offer a unique retail experience," said Chua, elaborating that "Southgate takes its inspiration from the popular Xintiandi area in Shanghai and will offer a similarly relaxing ambience with alfresco cafes, boutiques andother lifestyle features".

With some 500,000 vehicles plying the Jalan Sungei Besi route daily, he said Southgate’s occupants can be assured of a high level of visibility.

"They’ll just need to put up signages to derive the benefits owing to the location."

Within the buildings that will be designed with clean, contemporary European lines will be 63 retail units of 535sq ft to 2,095sq ft and 226 office suites of 592sq ft to 1,704sq ft.

The layout of the office suites will be modular, meaning that buyers can combine contiguous suites should they require larger sizes.

Chua said the retail units are priced from RM800psf and the offices, from RM430psf.

Given the keen investment climate for office space in KL city, response to Southgate’s units has been highly favourable.

"The price of our office suites is comparably low considering the going rate for commercial space in the city," said Chua.

"However, this is only available for the early birds and clearly, it won’t last for much longer."

Construction of Southgate is expected to begin after Chinese New Year.

By New Straits Times (by P. Rajan)

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