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Wednesday, June 11, 2008

SuMo arrives at Bukit Jelutong

You may think it's from Japan or it's about wrestlers, but it's neither

The 70,000sq ft covered central courtyard will be the focal point to showcase products and services and for events.

By the first quarter of 2010, Mainstay Development Sdn Bhd's creative landmark at Section U8 of Bukit Jelutong in Shah Alam, Selangor, is expected to open its doors to tourists, shoppers and businesses.

The freehold Space U8, featuring shop offices on the outer frontage and retail outlets on the inner frontage, will be the first commercial project of its kind there to be built on the Shop Unit Mall Office (SuMo) concept of dual front-age, which combines business and leisure under one roof in keeping with contemporary lifestyles.

Mainstay Development chairman Raja Azmi Raja Razali, who was formerly chief executive officer of Fly Asian Xpress Sdn Bhd ( now known as AirAsia X), said Space U8 - named thus "to emphasise spaciousness" - will be erected on a triangular-shaped site of 8.39 acres and comprise 58 shop units housed in four storeys.

The 46 intermediate units measure 9,000sq ft each while the eight end units and four corner units vary from 10,000sq ft to 12,000sq ft.

The project, which has a gross development value of RM220 million, includes a four storey attached complex with 84,000sq ft that will be occupied by the anchor tenant. The development will have 1,300 car-parking bays and 24-hour security monitoring.

Raja Azmi said Space U8 will feature airy corridors, open stairways, spacious units and natureal light from a 70,000sq ft covered courtyard, which will be the project's focal point for tenants and residents to showcase products and services, and for other uses such as weekend markets, events and festivities.

He noted the integration of shop units, the anchor tenant complex and bustling courtyard will make Space U8 an ideal commercial hub for professional firms, restaurants, alfresco cafes, banks and retailers.

"At an average of RM330psf, it's quite a deal for Space U8's commercial units in hotspot such as Bukit Jelutong. Our vision for Space U8 is to make it the shopping haven and preferred corporate address in Shah Alam.

"In addtion to the ready population of over 500,000 people here, we also hope to attract residents from the surrounding areas such as Ara Damnsara, Subang Jaya and Klang."

The company also intend s to make Sapce U8 a " must do" for tourists.

"Just a short drive from the Kuala Lumpur International Airport and Port Klang, Space U8 is primed to be a tourst destination ... we will work with Tourism Ministry and Shah Alam Council on this," he said.

The development will be financed by Bank Kerjasama Rakyat Malaysia Bhd.

"Some people were sceptical when we proposed the idea for Space U8 which is our first property venture ... the commitment given by the bank is an important part of our plan to establish credibility for Mainstay Development," Raja Azmi added. "So far, 50 per cent of the 58 units had been booked."

Space U8 is accessible by several highways such as the North Klang Valley Expressway, Guthrie Corridor Expressway and North-South Expressway Central Link.

For more information call 603-7987 3800

By New Straits Times (by Zuhaila Sedek) (Article on 8th June)

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