PETALING JAYA (April 16): Kedah-based Bina Darulaman Bhd’s (BDB) wholly-owned subsidiary BDB Land Sdn Bhd has inked a Memorandum of Understand (MoU) with nine anchor tenants for its Axis Commercial Hub in its Bandar Darulaman township in Jitra, Kedah.
The anchor tenants are Petron petrol station, Coffee Books & Rain Café, Kopi & Roti, Wash Studio Laundry, Raja’s Grocery, The Little Caliphs, Genius Aulad, Big Galley’s Café and WellBeing Pharmacy, said the developer in a statement today.
A lease agreement was also signed with EM Opulence Sdn Bhd, which will operate the petrol station.
According to BDB, the petrol station will fuel the growth of the many facilities that will be available at the commercial hub.
A groundbreaking ceremony was also held before the signing ceremony to signify the commencement of the petrol station’s construction.
“The Axis Neighbourhood Retail Centre within the Axis Commercial Hub development is touted to be Kedah’s first education-centric development which offers just over 41,000 sq ft of rentable space.
“Consisting of 15 units of double-storey shoplots, the education centres set up within the hub will provide early learning and specialised education facilities aimed at the young and growing population around Jitra and Alor Setar,” said BDB.
The property developer added that the contemporarily-designed Axis Neighbourhood Retail Centre will be built at a cost of about RM5 million and aims to be a food destination for Kedah’s household food and beverage, besides providing essential retail services such as laundry, pharmacy and medical clinic.
“The Axis Commercial Hub will provide the Kedah market with a niché food and beverage and education Hub that will enhance the living experience in our developments,” said BDB chairman Datuk Paduka Rasli Basir at the signing ceremony.
“Our partners also recognise the growth potential of the Northern Corridor and are aiming to breathe vibrancy into the marketplace.”
“We want the hub to be synonymous with good food and a retail mix that will be ideal for community engagement amidst an exciting ambience.
“Through the Axis Commercial Hub, we also want to continue to encourage Kedah-based businesses and household brands to participate in the developmental progress of the state,” he added.
Construction for the Axis Commercial Hub will start in April and is slated for completion by end-2019.
The petrol station will start operations in 4Q19 while the shoplots will be opening its doors by 1Q20.