Set to be the new hive of activity in the mature Damansara locale, HCK Tower will benefit from having a major shopping mall within the same development.
With the economy re-opening and showing signs of recovery, HCK Capital Group is busy putting the finishing touches on its HCK Tower which it purchased in 2013 for almost RM300 miliion.
The 42-level building has a net floor area of 347,000 sq ft and is ideal for potential tenants seeking a premium office address or business owners looking to capture high footfall from the highly affluent surrounding neighbourhoods. HCK Capital Group itself will occupy three floors with the premises set to be its new headquarters, ensuring that maintenance standards will not dip in the future as well as being a boost in investor confidence as it signals the Group’s long term plans.
Another major boost for future tenants and buyers is that HCK Tower will sit on top of 2.5 million sq ft of retail space, part of which will comprise Empire City Mall. This new mall is expected to be open and running next year and will be operated by a joint venture company – Alliance Empire Sdn Bhd. This consortium comprises glove maker Rubberex Corp (M) Bhd, Alliance Premier Sdn Bhd, EXSIM Holdings Sdn Bhd and JT Momentum Sdn Bhd.
According to Rubberex, this move is to capitalise on the recovery of the Malaysian economy, specifically in the commercial and retail sectors. It is Rubberex’s first foray and diversification into the property sector and is in tandem with the group’s long-term strategy of delivering sustainable growth, steady income and value creation for its shareholders.
“This move bodes well for the entire development as it will breed investor confidence. The retail component of HCK Tower will be the direct beneficiaries as the mall is expected to draw in large crowds from the surrounding mature neighbourhoods such as Taman Tun Dr Ismail and Bandar Utama,” explains Dato’ Joseph Hii, Group Executive Director, Growth and Alliances, HCK Capital Group.
Hii also went to say that HCK Tower will benefit from having cutting edge technology and Grade A furnishings, making it a prime address. “Its location at the heart of Damansara coupled with great accessibility to major highways such as the LDP and Penchala Link makes HCK Tower a very attractive proposition. The added bonus of a big mall opening within the same development only enhances its value proposition,” he added.
Interested parties can obtain more information on HCK Tower by contacting Mr CF Lee at +60 12-587 7668.