**KUALA LUMPUR: Titijaya Land Bhd’s wholly-owned subsidiary, Titijaya Development (Pulau Pinang) Sdn Bhd, has entered into a joint venture with Mines Heights Development Sdn Bhd for a RM554 million transit-oriented project in Taman Connaught, Petaling Jaya. The project, which is expected to be completed by 2025, will feature a mix of residential, commercial and retail spaces, as well as a mass rapid transit (MRT) station. The joint venture partners will each hold a 50% stake in the project. This is the second joint venture between Titijaya and Mines Heights, following their successful collaboration on the RM1.2 billion Bandar Utama City Centre project in 2019. “We are excited to embark on this new project with Mines Heights, which will further strengthen our partnership and contribute to the development of the Klang Valley,” said Titijaya Land Bhd’s group managing director, Datuk Seri Dr. Mohd Azman Mohd Razali. “The Taman Connaught project is strategically located near the future MRT station, which will provide excellent connectivity and accessibility for residents and businesses alike.” Mines Heights Development Sdn Bhd’s managing director, Datuk Seri Dr. Mohd Azman Mohd Razali, added, “We are confident that this project will be a game-changer for the area, offering a unique blend of residential, commercial, and retail spaces, all within walking distance of the MRT station. This will not only enhance the quality of life for residents but also attract businesses and investors to the area.” The Taman Connaught project is part of the broader Klang Valley Transit-Oriented Development (TOD) initiative, which aims to promote sustainable urban growth by integrating public transport with land use planning. The project is expected to create thousands of jobs during the construction phase and provide long-term employment opportunities once completed. With the completion of the MRT station, the project is poised to become a key hub in the Klang Valley, offering residents and businesses unparalleled convenience and connectivity. As the Klang Valley continues to grow and evolve, projects like the Taman Connaught development will play a crucial role in shaping the future of the region, ensuring that it remains a vibrant and dynamic place to live, work, and play.

Key Highlights:

  • Joint Venture: Titijaya Land Bhd and Mines Heights Development Sdn Bhd have entered a RM554 million joint venture for a transit-oriented development in Taman Connaught, Cheras.
  • Project Scope: The development will include residential, commercial, and retail spaces, along with a mass rapid transit (MRT) station.
  • Completion Timeline: Expected to be completed by 2025.
  • Stake: Both partners hold a 50% stake in the project.
  • Strategic Location: Proximity to the future MRT station enhances connectivity and accessibility.
  • Previous Collaboration: This is the second joint venture between Titijaya and Mines Heights, following the successful Bandar Utama City Centre project.
  • Economic Impact: The project is anticipated to create thousands of jobs during construction and provide long-term employment opportunities.
  • Sustainability: Part of the Klang Valley Transit-Oriented Development initiative, promoting sustainable urban growth.

This ambitious project underscores the commitment of both Titijaya and Mines Heights to contribute to the sustainable development of the Klang Valley, enhancing the region’s infrastructure and economic prospects.