THE news has been well received. It was the revival of a long-stalled project that affects thousands of people has gained momentum with the white knight taking possession of the abandoned site and moving in to create a hive of activity.
HCK Capital Group Berhad has officially appointed Binastra Builders Sdn Bhd, a wholly owned subsidiary of Binastra Corporation Berhad as the main contractor to complete the development of Subang Sentral (formerly Remix 1, now renamed), marking a major milestone in reviving the long-stalled project.
The recent signing of the Letter of Award (LOA) is expected to accelerate progress, providing relief to more than 2,500 buyers who have been awaiting completion of their purchased units for over a decade.
The previously stalled Remix 1 site faced environmental and structural challenges. HCK has conducted comprehensive assessments, engaging independent and original project consultants to ensure safety and compliance with current building standards.
The mixed development shall be a smart low-carbon city that boosts an international school, a health hub, adult learning centre and a pet-friendly tower.
Binastra has a strong track record in delivering landmark projects, with recent notable contract awards including Causewayz Square @ JBCC, The Address @ Taman Pelangi in Johor Bahru and The Queenswoodz in Bukit Jalil.
Its expertise in large-scale residential developments gives great confidence that Subang Sentral will be completed to modern standards.
“We are excited to collaborate with Binastra in bringing Subang Sentral back to life,” said Tan Sri Clement Hii, Executive Chairman, HCK Capital Group Berhad.
“Our focus is on quality and timely delivery for all buyers. We are committed to completing the project without additional costs to purchasers, while enhancing the surrounding area with infrastructure improvements that benefit the community.”
It is understood that in almost all cases, 90% of their purchase price had been drawn down by the original developer.
Datuk Jackson Tan Kak Seng, Managing Director of Binastra Corporation Berhad expressed his excitement on this new contract:
“Our leadership team has a proven track record in executing successful turnarounds. We previously stepped in as the white knight to rescue Comintel from its PN17 status, successfully regularising the Group and safeguarding the interests of approximately 1,500 shareholders.
“Following this, we were involved in revitalising the Empire Residence project, where three residential developments have since obtained their certificates of completion and compliance (CCC).”
Tan said with Subang Sentral, Binastra is proud to once again contribute its expertise towards the revival of a long-abandoned development together with HCK.
“The project carries not only commercial significance but also a strong social responsibility, as more than 2,500 homebuyers have waited many years for their homes to be completed,” he remarked.
“Our involvement reflects the commitment to deliver quality construction and support broader efforts to restore confidence in the property development ecosystem.
“Leveraging our extensive experience in high-rise residential and mixed-use developments, we aim to complete the project safely, efficiently and to the highest standards, while contributing to the transformation of the area and bring renewed vibrancy to Subang Jaya.”
This RM316.5 mil LOA marks Binastra’s second new contract win year-to-date for FYE2027, bringing its total outstanding order book to RM7.1 bil. ‒ March 26, 2026
