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Thursday, May 13, 2010

PKNS to redevelop old, prime locations

The Selangor State Development Corporation (PKNS) has embarked on the redevelopment of old residential and commercial sites in Selangor to take advantage of their prime locations.

Its general manager, Othman Omar, said the corporation had identified 16 locations in the state to be redeveloped over the medium and long term.

"For a start, it has embarked on redevelopment of Pusat Bandar Keramat near the Jelatek LRT station in Kuala Lumpur," he told a briefing after signing a memorandum of understanding between PKNS and Bernama for the supply of news and information in Petaling Jaya today.

Othman signed on behalf on PKNS and Bernama general manager, Hasnul Hassan, signed on behalf of the national news agency.
Also present were PKNS deputy general manager Md Nasir Md Arshad and Bernama editor-in-chief, Datuk Yong Soo Heong.

The new development at Pusat Bandar Keramat, which will have a gross development value of RM1.3 billion, will be known as Datum Jelatek and will comprise residential and commercial properties, including a shopping mall and recreational facilities.

Othman said the redevelopment included providing compensation to the previous residential and commercial owners.

He said the objective of the redevelopment was to leverage on the prime locations of these areas and for PKNS to provide better amenities to the residents.

"Our old apartments used to be single room or studio types. Under our new development, we intend to provide more for the residents," he said.

By Bernama

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