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Wednesday, March 16, 2011

Millennium unveils RM1.5b Puchong project

The Millennium Group today announced a project with a gross development value of RM1.5 billion, Millennia City, in Puchong.

Millennium Land Sdn Bhd's Executive Director, Bejamin Tan, said the project, expected to be completed in 2013, will be open for sale by the end of this month with a retail price of RM1,700 per square feet.

"Millennia City will open up business opportunities and provide business owners a premium new market location in one of Klang Valley's fastest growing suburbs," Tan told reporters after signing a management agreement with Hilton Worldwide today.

The agreement would see the building of Hilton Garden Inn, the first international hotel brand, in Millennia City.

It is expected to offer upscale yet affordable accommodation to mid-market business and leisure travellers.

Tourism Minister Datuk Seri Dr Ng Yen Yen launched the project and witnessed the signing of the management agreement between Millennium and Hilton Worldwide.

By Bernama

Emkay eyes more green building projects

Emkay Group's purpose-built green building called Bangunan Lestari Kumpulan Emkay (BLKE) in Cyberjaya was opened by Tun Dr Mahathir Mohamad today.

With a special team comprising technical staff, consultants, contractors and suppliers, the group is now eyeing more projects that promote sustainability in the built environment.

From now on, green features would be a major part of Emkay Group’s development planning, chairman Tan Sri Mustapha Kamal told reporters after the former prime minister opened the RM255-million BLKE.

"This year, we are doing projects worth RM2.7 billion in gross development value with a total net built-up area of 5.8 million square metres," he said, adding that by 2020, the group hopes to build another 7.9 square metres worth RM3.9 billion.

BLKE is the first building in Malaysia awarded a Leadership in Energy and Environmental Design (LEED) Gold rating by the US Green Building Council. It has five levels of office space and three levels of sub-basement for car parking.

The building will house Shell Business Centre Sdn Bhd's operations starting June.

Shell Malaysia chairman Anuar Taib said BLKE would store about 2,100 staff, thus Cyberjaya would be Shell's second largest service centre among the six that the oil company has globally.

"Shell's sustainable development principle commits us to improve the environmental performance of our operation, lower our emissions and reduce our use of energy, water and other resources.

"This principle applies to our work place. We are eager to see our first electricity bill which BLKE promises a 50 per cent off," he said.

By Bernama