Investing in Infrastructure Projects
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When Mah Sing Group Bhd embarks on a project, the property developer is always finding ways to enhance the value of its developments.
One of those ways, says group managing director Tan Sri Leong Hoy Kum, is to invest in additional infrastructure developments for its projects.
"Infrastructure investment is important for a location to thrive. It connects people to entertainment and food, connects residents to their homes, and connects workers to their jobs" he tells StarBizWeek.
Among the company's latest infrastructure developments is the interchange at its maiden township project, Southville City, in Bangi. Slated for completion by the first quarter of 2018, Leong says the interchange will help minimise travel-time to the township.
"This interchange will allow easy access to the area and it drastically reduces the driving distance into Southville City and its neighbouring districts such as Dengkil, Sepang, Semenyih, Bangi, by approximately 6km if compared to the current access via Bangi toll and 4km for Northbound via Putra Mahkota exit.â€
He adds that the completion of the interchange will bring more vibrancy to Southville City, as more new shops open for businesses.
"Once completed, the interchange will attract reputable business and service entities such as clinics, malls and various retail companies to carry out operations and benefit from increased visibility. Businesses will also benefit from the ready catchment of residents in Savanna Executive Suites and Avens Residence.â€
Leong says Mah Sing envisions Southville City to be a sustainable development that stems from population growth, interconnectivity of society, transportation, facilities and economy.
"This infrastructure upgrading will provide easy access to the development, thus enhancing its connectivity with adjoining areas and other major cities. This will, in turn, create an attraction for investments to start flowing in and further progress will start taking shape within the project.â€
Leong says the investment into the interchange was "significantâ€.
"We know that infrastructure investment is a powerful engine for growth, so this is why we will always provide our buyers with the best living conditions that place a strong emphasis on accessibility and connectivity, thus enhancing the value of the project.â€
Read more at The Star Online.