Three local micro, small and medium enterprises (MSMEs) will provide housekeeping and retail services for Armada Properties under its new local business development (LBD) incubation programme in collaboration with DARe.
Local MSMEs Suzana Amin Development and HANR will provide housekeeping services for select Armada estates, while Grocer Local Enterprise will operate ‘The Korner’ – a convenience store for Armada’s Rimba Estate.
CEO of Armada Desmond Lim said the development of an incubation programme follows the company’s growing needs for local facilities management service providers for the properties it manages.
Armada, a subsidiary of Darussalam Assets, recently refurbished the Tanjong Batu Apartments in Muara as a pilot project to renovate old government residences into modern homes.
Hengyi Industries will be the tenant for 48, two-bedroom Tanjong Batu apartments, which is contained within its own gated compound, with amenities including a gym, badminton court and cafeteria alongside facilities management services such as security, janitorial services and pest control.
The project was customised to Hengyi’s requirements and was completed in four months.⠀ ⠀
The incubation programme aims to develop the capabilities of local businesses as service providers in the real estate and hospitality industry. In a press statement, Armada said they would provide business opportunities and technical training while DARe will provide business training and development through its existing initiatives.
The collaboration between Armada and DARe is a result of the DARe Links Programme, a business matching platform and linkage programme that enables large companies to list opportunities for MSMEs to apply for.
Founder of Grocer Local Enterprise Mudzaffar Rafaea said operating The Korner provides them with opportunity to start doing business in the competitive field of convenience stores.
“We’re fortunate to have been selected after applying for the opportunity. Right now we are stocking over 100 daily essentials along with different snacks and beverages to offer residents convenience,” said the 31-year-old business owner, who has been operating since August 3. “We’re also helping out other local businesses by having a section selling (packed) cooked food.”
Armada currently lists its residential properties in four categories, with rental in the range of $800 to $4,000 a month. The government-owned company also manages rental for Bridex.