KUALA LUMPUR: TSR Group to is set to unveil its integrated commercial development in Bandar Enstek, Negri Sembilan, next year with its gross development value (GDV) estimated at RM600 million.
TSR’s director Datuk Wan Abd Razak Ismail says the project has high potential due to the current gap in terms of business facilities in the area as well as its strategic location sitting along the main development corridor served by a dedicated highway from Seremban to Kuala Lumpur International Airport (KLIA) and the Klia2.
“We aim for the project to be completed within the next five to seven years,” he said yesterday.
Located within Enstek, the Ritz Business Centre (RBC) will be developed in five phases, with the first involving 32 lots of shop office and supermarket to be completed in two years and revenue expectation to hit about RM35 million.
Wan Abd Razak said they are targeting choice buyers and investors from within Negri Sembilan as well as Selangor.
He also said that apart from targeting investors for retail and industrial units, TSR is also targeting to create an educational hub as it is surrounded by nine educational institutes.
~ By BUSINESS TIMES
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