Developer Upgrading Uptown

For over two decades, Damansara Utama’s main commercial centre, Damansara Uptown, has been a hub of activity for businesses and residents in the area. Undoubtedly, Damansara Uptown, located in Selangor’s Petaling Jaya, has been a commercial success for its developer See Hoy Chan Sdn Bhd. Though popular, as mirrored in its almost full occupancy levels, this commercial hub has been showing some wear and tear in recent years, especially in the 4-storey shops which were built in the 1980s.



The developer is not oblivious to this nor is it resting on its laurels given the emergence of competition from newer commercial-cum-retail hubs in neighbouring locales. While most developers will be hunkering down during a downturn, the company sees this as an ideal time to invest in the renewal of Damansara Uptown so as to enhance the values of properties and rentals, especially when the economy picks up.

For more info, go to http://www.theedgemalaysia.com/property/14536-damansara-uptown-facelift.html

Future LRT and MRT in KL

Syarikat Prasarana Negara Bhd (SPNB), the state-owned public transport operator, plans to spend up to RM7 billion to extend 2 light rail transit (LRT) lines in Kuala Lumpur.
The 2 extension lines will cover a total of 34.7km and is due to start early 2010 and fully completed by end of 2012.


In line with the extension of LRT lines, SPNB will also embark on fleet expansion.
It was also reported that the Kota Damansara - Cheras Line will begin construction as early as 2011 and completing in 2014.
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For more info, go to http://www.patchay.com/2009/09/future-lrt-and-mrt-in-kl.html