Interchange to connect project with Federal Highway

Condominium project i-Residence in i-City, Section 7, Shah Alam, will have a dedicated interchange built and will not worsen the traffic situation in the area.

Selangor executive councillor Teresa Kok said the state executive council had approved the construction of the interchange connecting the Federal Highway to i-City.

“The interchange will ease traffic congestion to the project location and further help to promote Section 7 as the knowledge hub for Shah Alam,” said Kok.

“Mentri Besar Incorporated (MBI) is the owner of the interchange while PKNS is the project manager,” she said at the launch ceremony of the project.

She added that PKNS awarded the tender last week.

The construction of the interchange is scheduled to be completed in September next year and the condominium project is expected to be ready in three years.

I-Residence comprises two condominium blocks with a total of 346 units and 20 villa-concept duplex properties.

I-Berhad foresees i-Residence as the next important component in the marketing of i-City as an investment location for companies.

The project will see more investments and business operations from China as part of the strategic alliance with China Everbright Construction. Also present at the event was I-Berhad chief executive officer Datuk Eu Hong Chew.

From The Star

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Key Executive

Our Managing Director, Mr. Shanmughananthan, is a Universiti Malaya accredited auctioneer with 10 years of Real Estate experience behind him.

He is a man who is restless in the quest of knowledge in tomorrow’s technology and is the mastermind behind Srishanbid.com. He graduated with a bachelor’s degree in Accountancy from Universiti Putra Malaysia in 1999 and embarked onto a career as a real estate agent and went on to become a successful auctioneer.

It is here that he realized that the real estate auction in Malaysia is terribly misinterpreted by the public, with the addition of numerous loop holes for syndicates who put their manipulation skills at play. Fired up by the will to educate and help the public, he then initiated a research into taking the real estate bidding arena to the next level.

After a five year long research, Srishanbid.com was established in 2010. Since then, Srishanbid.com, with the leadership of Mr. Shanmughananthan, has successfully organized many Real Estate Open Bids event.