A NEW intercity bus terminal called Wan’s Terminal will be built by the end of the year in Jalan PJU 10/4 in Damansara Damai, Petaling Jaya.
The RM1.9mil project also includes 32 shops, which will be built to control the number of road side hawkers in the area.
The project will be carried out by Medan Prestasi Sdn Bhd, a company under MK Land Holdings Bhd for the convenience of the local communities.
The terminal will play host to Metro, RapidKL, Selangor Omnibus and SJ buses from Damansara Damai to Kuala Lumpur.
It is situated near several schools, housing, commercial and industrial areas and caters to about 90,000 people in Damansara Damai.
The Damansara Damai area consist of a mixed-development project of homes, condominiums and commercial lots, all developed by Medan Prestasi.
So far about 14,000 units of property have been sold.
MK Land executive chairman Tan Sri Mustapha Kamal said it would be a vital transportation hub for the locals.
“The area has growth potential to become fully developed and today it is a complementary development.
“Nobody asked us to build the terminal but we wanted to create a win-win situation for everybody,” he said.
Mustapha said in the late 1990s, they had signed an agreement with the state government to build 50,000 affordable, low-medium and medium-cost houses.
“The project was carried out during two recession periods and we have proved that it is recession-proof.
“The homes are a source of income for the local authorities and have helped resolve the squatter problems in the state,” he said.
Mustapha also spoke about the company’s new venture in Bangalore, India, which is a mixed-development project with an estimated gross development value of RM3bil.
Medan Prestasi is also planning to launch a few development projects in the Damansara Damai area consisting of condominiums and mixed development.
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