Millennia City Puchong

Property developer Millennium Land Sdn Bhd plans to build a integrated commercial complex worth RM1.5bil in gross develoment value called Millennia City in Puchong.

Millennium Land executive director Benjamin Tan said the Millennia City would be built on a 40.46ha and would comprise of M Square, a 380,000 sq ft self-enclosed six-storey shopping mall. The proposed development will be linked to the Hilton Garden Inn and a 2.1 million sq ft Street Mall.

“Upon completion, the Street Mall, comprising 13 blocks of six-storey retail and office units, will be the country’s largest alfresco mall and the commercial heartbeat of Puchong,” he said at the signing of management agreement with Hilton Worldwide yesterday.

M Square will feature a 1,200-seat convention hall offering facilities and services for meetings, incentives, conferences and exhibitions segment. Construction of the complex is due to begin this year.

Tan said the company planned to also include high-rise condominiums in the project.

He said Puchong was one of the fastest growing districts in terms of growth especially in three key areas – population, monthly household income and commercialisation, adding that the percentage of households in Puchong that earn incomes between RM7,000 and RM20,000 have risen from 3% to 87%.

Meanwhile, Tan said the agreement entailed the development of Hilton Garden Inn which will offer affordable accommodation to mid-market business and leisure travelers. “There has been a sharp increase in demand in recent years for mid-market hotels in Puchong.”

Source: The Star