The white knight HCK Capital Group bringing in a new era to Subang Jaya

HCK CAPITAL Group Bhd will be transforming the Subang Jaya area with its  takeover of the long-abandoned project Remix 1.

It is understood that Remix 1  will be renamed as “Subang Sentral” as part of HCK’s portfolio of current and  upcoming development projects, which has a combined gross development value  of about RM15 bil and are mostly located in the Klang Valley. 

Numerous parties have approached HCK over the past two years to ask it to step  in, after seeing the successful completion and subsequent high transaction prices  at edumetro (previously also abandoned by the same original developer, True  Renaissance Development Sdn Bhd (TRDSB) and then known as Remix 2), which  HCK had also acted as the white knight. 

The public-listed developer had recently held fruitful talks with the liquidator of  TRDSB, Ms. Chin Mee Shang, who expressed her confidence in HCK’s ability to  rescue the project.

Both parties have agreed to work closely together to bring a  final solution for the long-suffering purchasers. 

HCK has also joined hands with UOB Malaysia as the new financier for Remix 1,  who is also driven by its keen sense of Corporate Social Responsibility to assist the  abandoned buyers get out of their dilemma. 

Safety & quality of priority 

HCK understands that the public has valid concerns about the structural integrity  of this development, given the years it has remained inactive. Safety will be its  highest priority, it says, and no compromise will be made in this regard. 

HCK has appointed independent, accredited structural engineers and consultants  to carry out a comprehensive assessment of all the buildings.

This includes  rigorous testing of all beams, columns, and slabs, with non-destructive testing  methods, material sampling, and full structural audits.

Any element that does not  meet today’s standards will be strengthened, rectified, or replaced. In addition, HCK is engaging the original structural consultants of the project to  act as advisors.

Their intimate knowledge of the initial design and construction  provides valuable insight, while the independent consultants ensure today’s  standards and requirements are fully met. This combined expertise offers both  continuity and accountability. 

Strict monitoring of structural soundness 

HCK will work closely with the relevant authorities to ensure that every aspect of  the building complies with current building codes and international safety  benchmarks. It is engaging third-party specialists to endorse the findings for  additional assurance. 

No unit will be handed over until both the local authorities and HCK’s professional  teams are fully satisfied with the building’s structural soundness.  

This is not just about reviving an abandoned project. HCK says it is about  rebuilding trust in the crowded property industry, delivering a safe and high quality home, and creating a renewed development that the community can take  pride in. 

Access & connectivity will be enhanced 

Back in January 2025, the Subang Jaya council announced that the proposed  flyover connecting USJ1’s Persiaran Subang Permai to Persiaran Kewajipan and the  KESAS Highway had to be halted.

This was due to previously unmapped  underground utilities, which led to significant cost escalations of approximately  RM19 mil. As a result, the council proceeded with a mutual termination of the  earlier contract while further detailed studies were commissioned to determine  the next steps. 

HCK fully understands the long-standing challenges faced by USJ residents, where  traffic congestion has been a major concern.

The suspension of the flyover project  inevitably heightened these worries. However, with HCK’s takeover and  completion of Edumetro (previously Remix 2), upgrading works for part of the  KESAS–USJ link are already underway.

The completed edumetro, now a thriving education hub with residential and commercial spaces, serving the residents of Subang Jaya.

Traffic dispersal to be improved 

Now, with HCK assuming responsibility for Remix 1 as well, the entire KESAS  interchange scheme will be fully activated. This integrated plan is designed to  significantly enhance connectivity and improve traffic dispersal within the USJ  area. 

The overall interchange upgrading project carries an estimated value of RM148  million, with investment apportioned at 26% under Edumetro and 74% under the  Remix 1 development. 

The RM148 million will be a financial commitment to be  made by HCK to greatly reduce traffic congestion in the locality. 

These efforts will  mark an important step forward in delivering long-term infrastructure solutions  for the community within USJ. —Jan 18, 2025

Main image: HCK Capital

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