by Jay Kew 
Pioneering a new chapter, Star Media Group Bhd (SMG) has made significant strides with its debut Star Business Hub venture, an assemblage of cutting-edge factories and warehouses nestled in the heart of Bukit Jelutong, Shah Alam.
Conceived and executed by SMG Land Sdn Bhd, a stalwart in industrial freehold developments, the business hub has already marked its territory with bookings for three out of the five available units. Boasting a substantial gross development value (GDV) of around RM130 million, the business hub stands as a testament to contemporary commercial requisites.
The transformative agreement witnessed the foray of SMG Land, an entirely owned subsidiary and the development engine of SMG, on February 10, as it entered into a binding sale and purchase arrangement. The transaction encompassed the prospective sale of two units of double-storey semi-detached factories and warehouses, complete with a one-and-a-half-storey office annex and supplementary structures.
Evaluating the situation, Chief Executive Officer Alex Yeow commented, “The robust initial response to this project is a promising indicator of its potential and resilience. It sets the tone for what’s to follow – a series of thrilling projects by SMG Land.”
Star Business Hub offers a collection of one detached and four semi-detached units, strategically designed to harmonize the roles of warehouses, factories, and offices within a single architectural marvel. Encompassing a generous built-up area of 120,227 square feet for the detached unit and commencing from 29,863 to 31,740 square feet for the semi-detached units, the hub ushers in a new era of multifunctional commercial spaces.
“Star Business Hub is a debut milestone within SMG’s fresh realm of operations, and every effort has been poured into ensuring that every stage, from the blueprint to the final construction, caters to the fundamental requirements of business proprietors,” Yeow noted with conviction.
Acknowledging the perpetual quest for innovation and value-added amenities that facilitate seamless operations, the hub has been thoughtfully equipped to offer optimal support to businesses. Yeow added, “With a vision to be the quintessential partner for property development solutions, SMG Land guarantees this through the unwavering foundation of Star Media Group.”
Strategically positioned at the nucleus of the Klang Valley, the business hub envelops 5.05 acres of industrial expanse, encircled by indispensable facilities and convenient access to major urban centers and expressways. This strategic positioning establishes crucial links between enterprises and primary transportation hubs like Subang and KLIA airports, along with the pivotal Port Klang seaport.
Moreover, the hub’s centralized location within Selangor emerges as an ideal conduit for businesses to tap into the linguistic diversity of the state’s 3.6 million skilled workforce. Evidently, the development is within close proximity to a rich assortment of amenities including shopping complexes, medical institutions, educational establishments, lodgings, and financial institutions, all located within a 10km radius.
With an invitation extended to investors to embrace this early opportunity and secure these strategically positioned units, SMG Land propels businesses towards an era of growth. For comprehensive details, please visit https://www.smgland.com.my/starbusinesshub/.
Reference:
1) https://www.thestar.com.my/business/business-news/2023/02/22/smg-land-lays-foundation-with-maiden-project
