ARTICLE Jan 28, 2015 Puchong South gaining momentum.
|
|
- Domenic Riley
- 5 years ago
- Views:
Transcription
1 ARTICLE Jan 28, 2015 Puchong South gaining momentum. Ask the man in the street if he knows where Puchong South is and even if he is from Puchong himself, he may stare blankly at you. That is until he registers that perhaps you are referring to the southern portion of Puchong. This is because there is no official delineation for Puchong South and even real estate professionals don t fully agree on the areas that fall under it. Although there is a toll plaza near the end of the Lebuhraya Damansara-Puchong (LDP) that is called Puchong Selatan (South), it is only recently that the term is being more commonly heard. It is more important to note that the term is not found in Selangor s Structure Plan or Local Plan. It was not introduced by the state or any of its local authorities but has been used by some property developers and real estate agents since 2012, says property consultancy Landserve Sdn Bhd managing director Chen King Hoaw. The term was made popular by property developers and real estate agents who banking on Puchong s booming property scene hoped that attaching it to their projects in the not-so-glamorous part of town would boost sales. These projects are often located in southern Puchong and Greater Puchong, such as in Seri Kembangan. Among them are serviced apartment developments O2 City, Elements, Zeva and the upcoming Sfera Resudence, and The Atmosphere, which comprises retail space and shopoffices. According to Chen (pic), the official Puchong covers both sides of Jalan Puchong, stretching from Taman Kinrara in the north to Nusa Putra and Aman Putra in the south. It borders jalan Kelang Lama in the north; Subang Jaya, USJ, Putra Heights and Bandar Saujana Putra in the west; Bukit Jalil and Seri Kembangan in the east; and Cyberjaya in the south. While the northern part of Puchong falls under Subang Jaya Municipal Council, its souther portion is under the jurisdiction of Sepal Municipal Council (MPS). Chen believes Puchong South covers the souther portion of Puchong under MPS, plus adjoining land bounded by the ELITE Highway to the west, Seri Kembangan to the east and Cyberjaya/Putrajaya to the south. Advertisements placed by developers and real estate agents confirm this. We estimate this area to cover about 49.7 sq km (about 12,280 acres). LaurelCap Sdn Bhd executive director Stanley Toh (pic), however, says Puchong South starts at Bandar Saujana Puchong and ends at the northern side of the South Klang Valley Expressway (SKVE). To me, Puchong South does not include all the developments in the southern section of Puchong, like Puchong Utama, Puchong Intan, Puchong Hartamas, Puchong Permai and Puchong Prima, but rather those in its southern flank.
2 Toh observes that developers use Puchong South to describe areas such as Taman Lestari Perdana, Granview, Taman Saujana Puchong, Bandar Bukit Puchong, Taman Lestari Putra, Bandar Putra Permai, Taman Equine, D Alpinia, Taman Mutiara Indah, 16 Sierra, The Atmosphere, and O2 City. Some areas., such as Lestari Perdana, Lestari Putra, Taman Equine and Putra Permai, were developed long before the developers of newer projects, such as O2 City, 3 Elements, The Atmosphere and Zeva, came up with the term Puchong South (For the purpose of this focus, we will refer to Puchong South in its widest context, covering the entire southern portion of Puchong, from the areas near the south end of the Ayer Hitam forest reserve, including Saujana Puchong to the areas bordering the ELITE Highway, the areas up to the border of Cyberjaya/Putrajaya and just across the edge into Seri Kembangan.) Changing image The name Puchong South may be gimmick but one real estate consultancy regards it as one of the fasters-growing suburbs in the Klang Valley. Property development along this southern corridor has been brisk since the early 1990s and surgerd recently with demand for properties gaining traction. Coming to this nect of the woods two decades ago would have made you think that you had taken a wrong turning. This used to be the home of oil palm estates, villages and low and medium-cost housing. But I is a different story today. With developers offering more high-end developments, the area is experiencing a gradual but welcome makeover. Private estate land, forests and idle mining land have been cleared and developed into townships, observes Landserve s Chen. Among those that have sprung up since the 1990s are Taman Meranti Jaya, the later phases of Bandar Bukit Puchong, Taman Desa Air Hitam, D Island, Putra Perdana, Nusa Putra and Aman Putra along Jalan Puchong, just before reaching Cyberjaya; Prima Tropika, Lestari Puchong, Putra Permai, Pinggiran Putra and Taman Equine. Subsequently, other projects emerged, such as D Alpinia by Hap Seng Land Sdn Bhd, Bandar 16 Sierra by Lush Development Sdn Bhd (a subsidiary of IOI Properties Group Bhd), Taman Meranti Indah and Taman KiPark on the other side of the LDP. All these newer developments are selling well, says Chen. Many of them are landed housing estates offering mainly terraced houses with some semi-detached houses and bungalows. However, more high-density and commercial developments are coming up due to the scarcity of land and a growing population, comments LaurelCap s Toh. Among the new commercial developments in Puchong South are Puchong Gateway by Newfields Property, 3 Elements by Titijaya bhd and the 20-acre intergrated development the Atmosphere in Taman Prima Tropika, which is a join venture between Tempo Properties and Ekson Corp. In the
3 past, property investors and home buyers avoided this side of town, especially after its image was tarnished by Talam Corp when it failed to complete some phases of Taman Lestari Puchong and Saujana Puchong, says Toh. But things are changing. The population here now comprises mainly families and working adults of middle to upper-middle-incoming groups. We notice that many of the residents are migrants from other states. There are many students and workers from Cyberjaya who live in Puchong South as well because rents are lower, he says. Puchong South s changing face is due to the rising affluence of its population as well as developers who offer newer and higher-end homes with lifestyle elements, thus attracting more people from the upper medium to high-income group to set up home here. Among the more recent luxury lifestyle projects here are IJM Land Bhd s Granview an exclusive gated community of semidees, zero-lot bungalows and bungalows in Saujana Puchong and the upcoming 46-storey Sfer Residence in Bandar Putra Permai in Seri Kembangan, which developer YNH Property Bhd has said will be the tallest building in the vicinity. The more affluent population also comprises up graders moving out of the congested parts of Puchong, preferring the more sedate and greener environment in the souther corridor. there is a growing number of people moving out of Puchong and going into Puchong South and Cyberjaya to avoid the massive congestion in the town centre. Many of them are owners of SMEs and SMIs with factories in Puchong, so for them to choose to stay in Puchong South makes a lot of sence, says Toh. According to C B Richarn Ellis (M) Sdn Bhd executive director Paul Khong, Puchong, especially Puchong South, is one of the fastest-growing suburbs. It is becoming a second Cheras in terms of household income and house values.
4 (Click to enlarge) Puchong South generally refers to the southern portion of Puchong covering the areas bounded by the ELITE Highway to the west, to the areas nearing the borders of Cyberjaya/ Putrajaya and just across into Seri Kembangan to the east. Puchong South offers good accessibility, is a mature location for industrial commercial and residential purposes and has myriad of recreational and shopping amenities readily available, he offers. We confidently expect a continue rise in both residential and commercial values and unlike Cheras, the presence of light industrial areas in Puchong adds to its sustainability as a strong middle class suburb that provides copious employment opportunities in both secondary and tertiary industries. The employment opportunities in and around Puchong, Khong adds, are pulling the population to the area while rising property prices in other areas are pushing investors to consider the more mature suburb locations there. Pull factors Chen and Toh concur. Home prices in the far more developed parts of the Klang Valley, including Puchong, Petaling Jaya and Subang Jaya, have escalated beyond the reach of low to mediumincome earners while the prices of shopoffices have also increased to levels that translate into low returns, says Chen. Besides, some of the properties in these areas are obsolete in design as they are more than 15 years old. In comparison, Puchong South offers similar but newer properties with better product features at relatively lower prices.
5 According to Toh, 2-storey terraced homes of 1,400 to 1,600 sq ft in the middle-income areas, such as Lestari Perdana, Saujana Puchong and Putra Permai, are going for between RM430,000 and RM450,000 on the secondary market whilst the 2-storey semidees are around a million ringgit each. Newer and more contemporary 2-storey terraces homes with better finishing and lifestyle elements are priced around RM700,000 to RM800,000. One of the best things going for Puchong South is its location and accessibility. It has a good network of roads that link it to various towns and cities in the Klang Valley: a) LDP access to Cyberjaya, Subang Jaya and all the way to Bandar Sri Damansara, Bandar Menjalara and Desa PArkCity; b) Jalan Putra Permai; c) SKVE access to Bangi, Putrajaya, Bandar Saujana Putra and all the way to Pulai Carey; d) Putrajaya-Cyberjaya Expressway access to Putrajaya, Cyberjaya Expressway access to Putrajaya, Cyberjaya, KLIA and klia 2; e) Maju Expressway (MEX); and f) North-South Expressway Central Link (ELITE) There is also a back road from Lestari Perdana leading to Taman Puncak Jalil and exiting trough Bandar Kinrara to Lebuhraya Bukit Jalil, offers Toh. On top of these, there is the proposed SKIP Expressway that starts from the LDP near The Atmosphere to the north where it branches out trough Taman University Indah and Taman Sri Serdang as well as to Bandar kinrara, There is also the controversial Kidex Highway that, if implemented, will start from Taman Lestari Perdana in Puchong South to Kinrara and on to Petaling Jaya and joining the LDP at the Tropicana City Mall. Given the modern road network, more people have begun to accept the idea of living in this part of the Klang Valley, says Chen, adding that the highwats provide access from Puchong South to Kuala Lumpur, Petaling Jaya, Subang Jaya, Shah Alam, Klang, Kajang and KLIA within 45 minutes. The three major trunk roads Jalan Puchong, Jalan Pulau Meranti and Jalan Putra Permai also connect all major townships in the area. With the Puchong areas currently sorely lacking public transport, the upcoming Ampang LRT extension (from Sri Petaling trhough Puchong ending at Putra Heights) and MRT 2 (from sungai Buloh to Putrajaya trhough Serdang) will give the locale a boost. Residents also benefit from ready amenities, such as hypermarkets, malls, public and international schools, higher learning institutions and hospitals in the area, including those in Cyberjaya and Putrajaya. Major landmarks here include the purpose-built premises of George Kent (M) Sdn Bhd in Taman Meranti Jaya; the Giant hypermarket, the Selangor Wholesale Market; Aeon Shopping Centre and Alice Smith School in Taman Equine. For Toh, a downside risk to Puchong South s potential is that a significant amount of the land there is state-owned and leasehold while for Chen, it is the presence of the large Malay reserve tract that lies between Puchong and Putrajaya. Otherwise, we can expect
6 the integration of Cyberjaya and Putrajaya with the much more developed part of Puchong and Seri Kembangan in the north to be accelerated, says the latter. Hot Spot for landed homes Nevertheless, real estate consultants are upbeat about Puchong South and consider it an investment hot spot, especially for landed homes. Puchong South is primarily and owner-occupier market, so it is suitable for investment in terms of capital appreciation rather than for rental yields, says Toh. Due to its good and ready infrastructure and amenities, he sees continued demand for landed homes on the secondary market in the future. The future will also see fewer launches of terraced homes. According to Landserve s data (see table), the prices of 2-storey terraced houses on the secondary market have generally increased between 27% and 92% over five years (2010 to 2014). We expect prices of such landed homes in these schemes to continue trending upwards, albeit at a slower rate, as demand moderates, Chen says. The prices of shopoffices in established schemes, such as Putra Permai, Taman Equine and Puchong Gateway, gew at a slower rate of between 24% and 79% over the same period while the prices of grould floor shops in The Atmosphere rose a marginal 9% from RM1 million in 2012 to RM1.09 million in For those thinking of investing in commercial properties here, Chen says it is important to ensure that the development is strategically located. Avoid those that are located in areas that have low catchment and are bypassed by the roads. Always go for units that are highly visible with ample parking space. Toh also thinks it is worth investing in the shopoffices here, considering the rapid population growth and shortage of commercial land for future development. Many of the shopoffices have good frontage and exposure to existing and upcoming highways, which is key to investing in shopoffices.
7 CBRE s Khong believes that number of good quality developers in the area, such as Hillcrest Gardens Sdn Bhd (developer of Puchong Utama) and IOI (developer of Bandar Puchong Jaya, the largest township in Puchong; Bandar Puteri Puchong and 16 Sierra), have contributed to the longterm value accretion of Puchong South. We anticipate future residential and commercial releases to do well. One of the significant upcoming projects in the area is Puchong Prime at Taman Puchong Utama by Hillcrest Gardens. It comprises 47 three-storey to six-storey Green Building Index-certified shopoffice. The project is expected to be launched in 1Q2015. Ongoing launches include that of Sfera Residence serviced apartments (built-up from 979 sq ft; priced at RM540,000 onwards) as well as Sherwood bungalows at Granview, offering 27 completed units with built-up from 5,418 sq ft and priced at RM2.9 million onwards. - Source: TheEdgeMalaysia -
Puchong a rising star that is still within grasp
G R E A T E R K L Puchong a rising star that is still within grasp Published: 4 September 2015 4:08 PM Puchong offers more affordable high-rise residential properties than its neighbours Subang Jaya and
More informationSERI KEMBANGAN. Villa Heights
20 During the financial year under review, the Group s revenue and profitability were mainly contributed from the Group s core business activity in property development. Our developments are located mainly
More informationDamansara North ready to shine
Damansara North ready to shine LOCATION is the golden rule of property investment. A good location is one that is preferably close to an urban centre, and has great connectivity. Its developments are self-contained
More informationBest performing areas in Rawang
Best performing areas in Rawang By Rachel Chew / TheEdgeProperty.com August 6, 2016 7:30 AM MYT LOCATED 35km north of Kuala Lumpur, Rawang in Selangor was once a busy tin mining town which had recorded
More informationWhat makes Damansara Utama special?
What makes Damansara Utama special? By Natalie Khoo / TheEdgeProperty.com January 28, 2017 8:45 AM MYT Petaling Jaya folks would probably know Damansara Utama (DU) as a busy commercial area with banks,
More informationWHERE NATURE IS NURTURED FREEHOLD
WHERE NATURE IS NURTURED FREEHOLD Imagine coming home to a green and serene sanctuary nestled away from the bustle. Featuring only 20 semi-detached, 20 link bungalows and 6 bungalows, Foreston lets you
More informationEstablishing a foothold in the property sector
Establishing a foothold in the property sector By Ewe Shufei / TheEdgeProperty.com March 31, 2016 8:45 AM MYT THE story started in 2004 when Tan King Hong, Loh Kok Theng and See Cherng Jye were brought
More informationA : : : : : 4 ( 1 & B;
PRIMA Location : Taman Putra Prima, Puchong Developer : Masteron Type : Serviced Condominium Tenure : Leasehold No of Blocks : 4 ( Phase 1 Block A & B; Phase 2 Block C & D) No of Storey : 29 No of Units
More informationESTIMATED APPRAISAL VALUE (RM) AUCTION PRICE (RM)
NO ADDRESS PROP TYPE 1 AUCTION PRICE (RM) ESTIMATED APPRAISAL VALUE (RM) AUCTION DATE COURT OR LAND OFFICE (T) / PRIVATE AUCTION (L) FREEHOLD/ LEASEHOLD EXPIRY DATE 1 PREMISES NO. 95, JALAN 8/6, BANDAR
More informationAll About Iskandar Malaysia
All About Iskandar Malaysia Splendid courtyard villas at tranquil Embun@Kemensah MCI (P) 139/08/2013 KDN PP 13368/04/2013(032224) ISSN 1823-8726 771823 872006 10 Issue 104 Oct 2013 RM8.00, S$8.00 CONTRIBUTOR
More informationBANDAR SAUJANA PUTRA (BSP), AN AWARD-WINNING TOWNSHIP THAT CONTINUES TO EVOLVE AND GROW. IT HAS BEEN DESIGNED DOWN TO THE MINUTEST DETAILS AS A
BANDAR SAUJANA PUTRA (BSP), AN AWARD-WINNING TOWNSHIP THAT CONTINUES TO EVOLVE AND GROW. IT HAS BEEN DESIGNED DOWN TO THE MINUTEST DETAILS AS A UNIQUE AND ENTIRELY SELF-CONTAINED TOWNSHIP BASED ON THE
More informationBEYOND THE NORM FREEHOLD BUSINESS ADDRESS
For more information, please call 03-8064 8899 www.ioiproperties.com.my/thecube 3 & 4-Storey Boutique Shop Office BEYOND THE NORM FREEHOLD BUSINESS ADDRESS Proposed Ampang Line LRT Route * : STN 06 STN
More informationS P SETIA BERHAD (19698-X) ("S P SETIA" or "THE COMPANY")
S P SETIA BERHAD (19698-X) ("S P SETIA" or "THE COMPANY") PROPOSED ACQUISITION BY BUKIT INDAH (SELANGOR) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF S P SETIA, OF A PIECE OF FREEHOLD LAND HELD UNDER GERAN 45874
More informationANNOUNCEMENT TO BURSA MALAYSIA SECURITES BERHAD
ANNOUNCEMENT TO BURSA MALAYSIA SECURITES BERHAD GLOMAC BERHAD ( Glomac or the Company ) - Proposed Acquisition of land by Glomac Alliance Sdn Bhd, a wholly-owned subsidiary of Glomac from Score Option
More informationOSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY")
OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY") PROPOSED ACQUISITION BY WARISAN RAJAWALI SDN BHD, A WHOLLY- OWNED SUBSIDIARY COMPANY OF OSKP, OF A PARCEL OF FREEHOLD COMMERCIAL LAND MEASURING APPROXIMATELY
More informationHALLMARK OF DISTINCTION
Jalan 5/27A, Wangsa Maju, 53300 Kuala Lumpur Developer: Seri Meraga Properties Sdn Bhd (449631-P) Architect: Visit our Property Showroom: Unit 1, Ground Floor, Block 3D, Jalan Wangsa Delima 10, Wangsa
More informationNAUTICAL WEALTH SDN. BHD M
NAUTICAL WEALTH SDN. BHD. 934787-M No. 742-1, Batu 4½, Jalan Ipoh, 51200 Kuala Lumpur, Malaysia. Tel : +603-6250 0309 +603-6250 0329 Fax : +603-6242 2925 Website : www.nauticalwealth.com Email : enquiry@nauticalwealth.com
More informationD Mayang Sari, Nilai. Week 3. October. Developer BOTANIC ACRES DEVELOPMENT SDN BHD. (related company of Seri Pajam Development Sdn Bhd)
Week 3 13 October Eutelia @ D Mayang Sari, Nilai Developer BOTANIC ACRES DEVELOPMENT SDN BHD (related company of Seri Pajam Development Sdn Bhd) J - P r o p v e s A n a l y z e Project Induction D Mayang
More informationRM 108, Market Price : RM 120, Built up : 704 square feet Auction Date : 27 Oct 2018 (Saturday) Ref No.
For further detail kindly visit our website at www.leongauctioneer.com 21 Properties Open For Auction No. 59D, Jalan Pandan Indah 1/23, Taman Pandan Indah, 55100, Kuala Lumpur RESIDENTIAL UNIT IN A RESIDENTIAL/
More informationLakeFront. ripples of wholesome living N E
www.lakefront.com.my LakeFront LakeFront Sales Gallery Persiaran Semarak Api, 63000 Cyberjaya N 2 55 52.9 E 101 37 40.2 For more details, please call 019 410 9988 019 275 9988 www.mct.com.my ripples of
More informationOne Place. Different Personalities.
floor plans - SOVO One Place. Different Personalities. Welcome to a vibrant development consisting of Retail Offices, SOVOs and Service Apartments, with artistic yet calming landscapes on different levels
More informationDisfavour may work in its favour
Disfavour may work in its favour By LUM KA KAY Sat, 03 Feb 2018 1:00 pm Due to its tragic past, the price growth of homes in Bukit Antarabangsa is always behind the neighbouring areas. (Photo by Low Yen
More informationBrief Overview of the Economy
Rahim & Co Research Property Market Insight Q4 2010 Brief Overview of the Economy Signs of economic improvement were noted at the beginning of 2010 as the global economy started to stabilize. Malaysia
More informationTHE ART OF SPACIOUSNESS. NOW EVEN WIDER.
2-Storey Superlink House THE ART OF SPACIOUSNESS. NOW EVEN WIDER. Call us : 03-8912 3333 Kamal 019-305 8568 Alvin Wang 016-528 2338 www.ioiproperties.com.my/puteribangi A Township Development By: Developer
More informationNo. 21, Jalan 2/8A, Section 2, Bandar Rinching, Semenyih, Selangor Darul Ehsan.
No Our Ref Retail (Mega Auction) Description of Property Location Address of the Property Build-up Area ( Land Restrictionin-Interest Area ( Reserve Price (RM) Solicitors 1 CIM0363 A extended and renovated
More informationS P SETIA BERHAD ("S P SETIA")
S P SETIA BERHAD ("S P SETIA") PROPOSED ACQUISITION BY SETIA ECO VILLA SDN BHD, A SUBSIDIARY OF S P SETIA, OF A PARCEL OF LAND IN CYBERJAYA MEASURING APPROXIMATELY 268.11 ACRES ("SAID LAND") FROM CYBERVIEW
More informationSELANGOR DREDGING BERHAD - ACQUISITION OF LANDS BY HAYAT ABADI SDN. BHD.
SUBJECT: SELANGOR DREDGING BERHAD - ACQUISITION OF LANDS BY HAYAT ABADI SDN. BHD. 1. INTRODUCTION Selangor Dredging Berhad ( SDB or Company ) wishes to announce that Hayat Abadi Sdn. Bhd. ( HYSB ), a wholly-owned
More informationPage 1 of 2 3. REVALUATION GAIN ON FAIR VALUE ADJUSTMENT OF INVESTMENT PROPERTY AND NET REVALUATION SURPLUS ON NON-INVESTMENT PROPERTIES
Page 1 of 2 General Announcement 7-ELEVEN MALAYSIA HOLDINGS BERHAD REVALUATION OF INVESTMENT PROPERTY AND NON INVESTMENT PROPERTIES PURSUANT TO PARAGRAPH 9.19(46) OF THE MAIN MARKET LISTING REQUIREMENTS
More informationSIRIM. Principal Adviser for the Offering, Managing Underwriter for the Retail Offering and Sub-Placement Agent for the Institutional Offering
SIRIM Principal Adviser for the Offering, Managing Underwriter for the Retail Offering and Sub-Placement Agent for the Institutional Offering This overview section is qualified in its entirety by, and
More informationRetail levels located at ground floor. Street Mall just a short walk away. Vibrant mixed development
Stay Edgy T h e s m a r t w a y t o b a l a n c e l i f e, w o r k & p l a y C h i l l a x w i t h a h e a r t y m e a l a n d m o r e Retail levels located at ground floor Street Mall just a short walk
More informationIOI Properties Group Berhad Largest listed property developer in Malaysia
04 August 2016 Initiate Coverage IOI Properties Group Berhad Largest listed property developer in Malaysia Initiate with NEUTRAL Target Price (TP): RM2.65 INVESTMENT HIGHLIGHTS Largest listed property
More information2-Storey Terraced Homes
2-Storey Terraced Homes Blending Nature s Serenity with Modern Convenience Inheriting the DNA of Serene launched in August 2014, Alanna is set to continue inspiring those who truly appreciate nature s
More informationBeverly Group extends its reach to KL city fringe
Beverly Group extends its reach to KL city fringe By Ewe Shufei / TheEdgeProperty.com March 22, 2016 10:30 AM MYT STARTING out as a civil structure contractor, Singapore-based Beverly Group Sdn Bhd a subsidiary
More informationMIEA PROPERTY MARKET SENTIMENT REPORT 2017/18
MIEA PROPERTY MARKET SENTIMENT REPORT 2017/18 President s message On behalf of the MIEA Board of Directors and Research Committee, I would like to present to you MIEA Member Survey Report on the Budget
More informationCREST BUILDER HOLDINGS BERHAD ( CREST BUILDER OR COMPANY )
CREST BUILDER HOLDINGS BERHAD ( CREST BUILDER OR COMPANY ) PROPOSED DISPOSAL BY CREST BUILDER SDN BHD ( CBSB OR VENDOR ), A WHOLLY- OWNED SUBSIDIARY OF CREST BUILDER, OF A PARCEL OF LEASEHOLD LAND LOCATED
More informationlove Live the life you storey link homes
PORT KLANG / PULAU INDAH. Chimes (Completed). Perennia (Completed). Periwinkle (Completed) 4. Scarlet (Completed). Wisteria 6. Blossom Drive Shoplot/Blossom Residence Serviced Apartment (Proposed) 7. Penduline
More informationPROPOSED ACQUISITION OF LAND BY SUNGLOBAL RESOURCES SDN BHD
SUNWAY BERHAD ( SUNWAY ) 1) SUBSCRIPTION AND SHAREHOLDERS AGREEMENT BETWEEN SUNGLOBAL RESOURCES SDN BHD, SUNWAY CITY SDN BHD AND HUATLAND DEVELOPMENT SDN BHD 2) PROPOSED ACQUISITION OF LAND BY SUNGLOBAL
More informationTHE NEXT PHASE OF LUXURY IS MORE GLORIOUS THAN EVER BEFORE
OVERVIEW The Glades is a 56-acre low-density, high-end development situated in Putra Heights that exudes luxury, designed for the sensation of coming home to a tropical resort every day. Surrounded by
More informationManagement Discussion and Analysis (Cont d)
Review of Financial Results (Cont d) Statements of profit or loss and other comprehensive income (Cont d) Cost and expenses Cost and expenses 30 June 2017 (RM 000) 30 June 2016 (RM 000) Cost of sales 155,098
More informationRENCANA TTDI. Developed by: MINDA MUHIBAH SDN BHD ( D)
Developed by: MINDA MUHIBAH SDN BHD (817545-D) In collaboration with: CK EAST DEVELOPMENT SDN BHD (885071-A) EXPERT PROJECT MANAGEMENT SDN BHD (548293-X) RENCANA ROYALE is an exclusive opportunity for
More informationOSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY")
OSK PROPERTY HOLDINGS BERHAD ("OSKP" OR "THE COMPANY") PROPOSED ACQUISITION BY POTENSI RAJAWALI SDN BHD, A WHOLLY OWNED SUBSIDIARY COMPANY OF OSKP, OF TWO PARCELS OF ADJOINING INDUSTRIAL LAND MEASURING
More informationA formal sale and purchase agreement ("SPA") will be executed upon all the conditions precedent in the Agreement are fulfilled.
FAJARBARU BUILDER GROUP BHD ("FBG" OR THE "COMPANY") PROPOSED ACQUISITION BY FAJARBARU LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FAJARBARU BUILDER GROUP BHD, OF A PIECE OF FREEHOLD LAND MEASURING 2.749
More informationMAH SING GROUP BERHAD ( MAH SING OR COMPANY )
MAH SING GROUP BERHAD ( MAH SING OR COMPANY ) PROPOSED ACQUISITION BY INTRAMEWAH DEVELOPMENT SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MAH SING, OF ALL THAT PIECE OF PRIME LAND WITH ESTIMATED GROSS DEVELOPMENT
More informationMoving forward with affordable products
Moving forward with affordable products By Hannah Rafee / TheEdgeProperty.com September 28, 2016 5:45 AM MYT THE brand-new clubhouse of the 151-acre Kota Seriemas Golf and Country Club in the Kota Seriemas
More informationMKH BERHAD (50948-T) ( MKH OR THE COMPANY OR THE GROUP ) JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD
MKH BERHAD (50948-T) ( MKH OR THE COMPANY OR THE GROUP ) JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD 1.0 INTRODUCTION The Board of Directors of MKH is pleased to
More informationTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS OSK PROPERTY HOLDINGS BERHAD ( OSKPH OR THE COMPANY ) PROPOSED DISPOSAL BY OSK PROPERTIES SDN. BHD. (COMPANY NO. 258559-V),
More informationNEW TRENDS IN PROPERTY DEVELOPMENT
NEW TRENDS? WOW! FUTURE TRENDS IN PROPERTY DEVELOPMENT CITY IN THE SKY FUTURE TRENDS IN PROPERTY DEVELOPMENT MOUNTAIN FUTURE TRENDS IN PROPERTY DEVELOPMENT SEA NEW TRENDS? I SEE! THE WORLD S MOST VALUABLE
More information2 S t o r e y S e m i - D L i n k H o m e s
T R A N Q U I L L I V I N G W I T H I N N A T U R E 2 S t o r e y S e m i - D L i n k H o m e s Prestigious Living Takes On A Whole New Level of Refinement & Tranquility Caspia Semi-D Link Home is the
More informationLAND INVESTMENT. DEVELOPMENT vs JOINT VENTURE
LAND INVESTMENT Vs DEVELOPMENT vs JOINT VENTURE Tan hwa chuan Tan hwa chuan is a Merger n Acquisition specialist for land investment and development. He is Director of B.I.G group of companies, an organization
More informationGrand Finale Serviced Apartment
Grand Finale Serviced Apartment Privileged lifestyle, perfect value Presenting Zeta Residence the final launch of One South that completes the whole integrated mixed development. The brand new series of
More informationThe property consultants take on Budget 2016
The property consultants take on Budget 2016 By theedgeproperty.com October 23, 2015 10:14 PM MYT Foo Gee Jen Managing director, CH Williams Talhar and Wong There was no reduction in real property gains
More informationBERNARD HOUSE. Monterez. LOCATION: Monterez Golf Club, Shah Alam. CLIENTELE: Bernard Lim Family. BUILDER Kevo Bina Sdn Bhd
BERNARD HOUSE Monterez Monterez Golf Club, Shah Alam Bernard Lim Family Kevo Bina Sdn Bhd RM 5 million The completed house is organized in a series of interlocking fragmented internal & external spaces,
More informationPublic Release LBS BINA GROUP BERHAD ( H)
Public Release LBS BINA GROUP BERHAD (518482-H) DEVELOPMENT RIGHTS AGREEMENT BETWEEN MENTERI BESAR SELANGOR (PEMERBADANAN), WORLDWIDE PROPERTY MANAGEMENT SDN. BHD. AND KEMUDI EHSAN SDN BHD, A SUBSIDIARY
More informationRacing towards the sky
1 of 5 1/3/2019, 12:04 PM indepth Shawn Ng / December 29, 2018 Racing towards the sky 2018 saw the completion of several skyscrapers in the country. According to The Skyscraper Center the global tall building
More informationMAH SING GROUP BERHAD ( MAH SING OR COMPANY )
MAH SING GROUP BERHAD ( MAH SING OR COMPANY ) PROPOSED ACQUISITION OF 2 PARCELS OF LAND IN RAWANG WITH ESTIMATED GROSS DEVELOPMENT VALUE OF RM650 MILLION MEASURING APPROXIMATELY 157 ACRES THROUGH MAH SING
More informationA TREAT FOR YOUR EYES
RESIDENCES ELEVATE YOUR SENSES VILLAS & CONDOS A TREAT FOR YOUR EYES Witness glorious skies as their colours change throughout the day from the comfort of your balcony and unwind in the gentle caress of
More informationSeremban Sentral. Property Investment Data Oregeon Property Consultancy
Property Investment Data Oregeon Property Consultancy Sentral With big development plans in the works, is set to maximise the potential of its proximity to the Klang Valley. The district of consists of
More informationList Of Properties As At 31 December 2008
List Of Properties As At 31 December 2008 1 Menara MAA, 15, Jalan Dato Abdullah Tahir, 80300 Johor Bahru, Johor Darul Freehold 63,569 A 26-storey office building with mezzanine floor and 7-storey car park,
More informationWHERE BETTER LIVING BEGINS
CONTACT US Plenitude Heights Sdn Bhd Bukit Bintang Sales Gallery Persiaran Bukit Bintang 08000, Sg. Petani Kedah Darul Aman. T +604-430 0333 F +604-430 0999 E sales@bukit-bintang.com.my W www.bukit-bintang.com.my
More informationMAH SING news. Living Your Dreams. ISSUE 5 January - March 2007 PP8695/10/2004
MAH SING news ISSUE 5 January - March 2007 PP8695/10/2004 Living Your Dreams 02 Actual View Of The Hulu Langat Forest Reserve Due to the encouraging response for One Residence, Mah Sing Group recently
More informationIFP ADVISORS GROUP ( Your One-Stop Solution Provider ) IFP Ventures & Property Management Services ( K)
IFP ADVISORS GROUP ( Your One-Stop Solution Provider ) IFP Ventures & Property Management Services (0025686-K) Updated by Asyraf September 9th, 2017 «Real-Estate and Financial Services «Hunting line 0-6186
More informationAn Aerial View of the Subject Property. Executive Summary. The Subject Property
An Aerial View of the Subject Property Executive Summary The Subject Property 0 TABLE OF CONTENTS Page No. 1.0 PROJECT DETAILS 1.1 Details of Land title 2 1.2 Land Area 2 1.3 Project Compositions 3 2.0
More informationPROPERTY OUTLOOK REPORT 2018
PROPERTY OUTLOOK REPORT 2018 Table of Contents 1 2 3 4 5 6 7 8 9 10 0Outlook Report 2018 Overview 02017: Year at a Glance PropertyGuru Market Index 2017 Kuala Lumpur Selangor Penang Johor Malaysian Property
More informationNATIONAL PROPERTY INFORMATION CENTRE
PLANNING MALAYSIA: Journal of the Malaysian Institute of Planners VOLUME 16 ISSUE 1 (2018), Page 334 347 HOUSE PRICE MOVEMENT FOR PRIMARY AND SECONDARY MARKETS: EVIDENCE FROM SELANGOR, MALAYSIA Haszlila
More informationCorporate Update 1H FY2014 Financial Results. 28 August 2014
Corporate Update 1H FY2014 Financial Results 28 August 2014 1H 2014 Key Highlights Achieved 2Q FY14 PATMI of RM89.5m, +132.5% y-o-y Achieved 1H FY14 PATMI of RM97.3m, +18.5% y-o-y Total property sales
More informationMAH SING GROUP BERHAD ( MAH SING OR COMPANY )
MAH SING GROUP BERHAD ( MAH SING OR COMPANY ) PROPOSED ACQUISITION BY MEDITERRANEAN VIEW DEVELOPMENT SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MAH SING, OF ALL THAT PIECE OF PRIME LAND WITH ESTIMATED GROSS
More information162 financial statements 2005
List of Property Investment Held As 31 December 1 Wisma MAA Freehold 1,217 Shophouses 7 1,500 30/3/99 (A) No. 21-5,21-6, Jalan Zabedah 83000 Batu Pahat 2 Menara MAA Freehold 61,105 Office building 3 125,000
More informationArtist s Impression Bird Eye View. Modern Sanctuary Living
PRECINCT 2 Artist s Impression Bird Eye View Modern Sanctuary Living Artist s Impression Entrance Statement Artist s Impression Japanese Garden Artist s Impression Japanese Garden Artist s Impression Bamboo
More informationTITIJAYATIMES. Simple pleasures. ISSUE 2/2016
TITIJAYATIMES www.titijaya.com.my ISSUE 2/2016 Simple pleasures FROM THE EDITOR S DESK contents MD S MESSAGE 03 Message from Tan Sri Dato Lim Soon Peng, Group Managing Director Corporate highlights 04
More informationPROPERTY INSIGHTS. Market Overview. Retail sector was undergoing stress test. Kuala Lumpur Quarter 4, 2017
PROPERTY INSIGHTS Kuala Lumpur Quarter 4, 2017 Retail sector was undergoing stress test Market Overview Malaysia s Gross Domestic Product (GDP) rose 6.2% y-o-y in Q3, supported by a continued growth in
More informationRelated Party Transactions on Sale of Shop-Office Unit to Person Related to Directors and Major Shareholders
ANNOUNCEMENT SUBJECT: TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) GABUNGAN AQRS BERHAD ("GBGAQRS" OR THE COMPANY") Related Party Transactions on Sale of Shop-Office Unit to Person Related to Directors
More informationPROPERTIES FOR AUCTION STANDARD CHARTERED BANK MALAYSIA BERHAD STANDARD CHARTERED SAADIQ BERHAD
PROPERTIES FOR AUCTION STANDARD CHARTERED BANK MALAYSIA BERHAD STANDARD CHARTERED SAADIQ BERHAD 1 1 PROPERTY ADDRESS: BLOCK B, KYOTO GARDEN CONDOMINIUM, PERSIARAN BUKIT RAJA, BUKIT ANTARABANGSA, 68000
More informationFurther details of the Proposed Land Acquisition are set out in the following sections:
HUA YANG BERHAD ( HYB or the Company ) -Proposed acquisition of land by Prop Park Sdn Bhd 1. INTRODUCTION The Board of Directors of HYB wishes to announce that the wholly-owned subsidiary of the Company,
More informationUrban Living Within Nature
Urban Living Within Nature Discover bliss at Puncak Indah @ Ampang, a place infused with vibrant energy and peacefully nestled in the green suburb of Ampang, within Kuala Lumpur city STOREY SEMI-D STOREY
More informationFurther details of the Proposed Acquisition are set out in the ensuing sections.
MAH SING GROUP BERHAD ( MAH SING OR COMPANY ) PROPOSED ACQUISITION BY TRISTAR ACRES SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MAH SING, OF 8 PARCELS OF ADJACENT FREEHOLD LAND WITH TOTAL NET AREA MEASURING
More informationl i v e. i n s p i r e d.
live. inspired. live. inspired. the glades the vision The vision of an inspiring, sustainable, future-ready way of life is no longer a dream because a relaxing 20-minute drive away from Kuala Lumpur's
More informationSDB SS2 Development Sdn Bhd ( V) ground floor, south block wisma selangor dredging 142a, jalan ampang, kuala lumpur
SDB SS2 Development Sdn Bhd (723454-V) ground floor, south block wisma selangor dredging 142a, jalan ampang, 550 kuala lumpur t 6 2711 2288 f 6 2711 2219 w www.sdb.com.my /selangordredgingberhad The Hub
More informationRESIDE IN A STUNNING DEVELOPMENT OF UNPRECEDENTED PRESTIGE
RESIDE IN A STUNNING DEVELOPMENT OF UNPRECEDENTED PRESTIGE FREEHOLD BUNGALOW LOTS SERENADED IN PRISTINE LUXURY Set at 165 meter above sea level, within a pristine green lung at Taman Tun Abdul Razak (TAR)
More informationFocusing on high-value projects
Focusing on high-value projects By Chai Yee Hoong December 14, 2016 5:45 AM MYT AFTER launching its RM1.2 billion maiden mixed-use development, Datum Jelatek, in the third quarter of last year (3Q2015),
More informationPLAN FLOOR TYPEB 4+1 BEDROOMS 5 BATHROOMS BLOSSOM AND GROW IN THE STEADY VIBE OF CLOSE-KNIT COMMUNITY. BUILT-UP : 3, sf VARIES 8540 VARIES A/C 2
HEARTY LIVING First phase of Semi-Ds in Tropicana Aman - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Tropicana Aman Master Plan - - - - - - - - - - - - - - - - - -
More informationDescriptions of the said Land are set out below:- Size : Approximately 130 acres. Tenure : Leasehold. Category of the land use : Building
JKG LAND BERHAD ( JKG OR COMPANY ) PROPOSED AGREEMENT WITH ISY HOLDINGS SDN BHD TO DEVELOP A PIECE OF LEASEHOLD LAND MEASURING APPROXIMATELY 130 ACRES LOCATED AT KOMPARTMEN 32, BUKIT CHERAKAH, MUKIM BUKIT
More informationUrbanisation, Internationalisation and Access to Housing In Iskandar Malaysia
Urbanisation, Internationalisation and Access to Housing In Iskandar Malaysia Sr. Dr. Rahah Ismail Department of Valuation and Property Services, Malaysia rahah@jpph.gov.my rahah_ismail@yahoo.co.uk Introduction
More informationEASY ACCESS VIA FIVE EXPRESSWAYS
EASY ACCESS VIA FIVE EXPRESSWAYS Consisting of 78 units of double storey terrace houses, Tari 3 is located at the centre of Alam Impian. This `Township of the Arts is located approximately 30km south-west
More informationCorporate Update 1Q FY2014 Financial Results. 9 May 2014
Corporate Update 1Q FY2014 Financial Results 9 May 2014 On Track To Fulfil Our Transformation Strategy To Be A Premier Property Group In Malaysia Record unbilled sales of RM2.4bn provides strong earnings
More informationAll under one roof Bid, Win and Grin!
All under one roof Bid, Win and Grin! G + KEDAH NAN PE CIMB PROPERTY AUCTION 8th April 2017, Saturday, 10:30am Content CIMB Auto & Property Mart is a one-stop hub that offers a wide selection of properties
More informationPROPERTY INSIGHTS. Market Overview. Investment sales rose 20% y-o-y to RM1.05bn. Citigold. Quarter 1, Kuala Lumpur
PROPERTY INSIGHTS Kuala Lumpur Quarter 1, 2017 Citigold Investment sales rose 20% y-o-y to RM1.05bn Market Overview Malaysia s economy expanded by 4.5% y-o-y in Q4 2016. Overall, the economy achieved a
More informationOSK HOLDINGS BERHAD ("OSK" OR "THE COMPANY")
OSK HOLDINGS BERHAD ("OSK" OR "THE COMPANY") PROPOSED ACQUISITION BY ASPECT SYNERGY SDN. BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY COMPANY OF OSK OF SIX (6) PARCELS OF FREEHOLD AGRICULTURAL LANDS HELD UNDER
More informationLIKE A SECRET GARDEN OF BEAUTY, LUXURY & TRANQUILITY, AMANIA IS THE CREATION OF YOUR DISTINCTIVE LIFESTYLE IN AN EXCLUSIVE RESIDENTIAL ENCLAVE
LIKE A SECRET GARDEN OF BEAUTY, LUXURY & TRANQUILITY, AMANIA IS THE CREATION OF YOUR DISTINCTIVE LIFESTYLE IN AN EXCLUSIVE RESIDENTIAL ENCLAVE Presenting the final 27 units of garden bungalows PEACE &
More informationSEIRING RESIDENSI SERVICED APARTMENT AN ICONIC SPACE FOR A YOUNG URBAN LIFESTYLE
SEIRING RESIDENSI SERVICED APARTMENT AN ICONIC SPACE FOR A YOUNG URBAN LIFESTYLE CONVENIENCE, ACCESSIBILITY, INTEGRATION Nestled in the border of Kota Damansara and Subang, DAMAISURIA is an integrated
More informationFY2017/2018 Results Announcement Fourth Quarter ended 30 June 2018
FY2017/2018 Results Announcement Fourth Quarter ended 30 June 2018 28 August 2018 FY2017/2018 Financial Performance 2 Financial Year Ended 30 June 2018 In RM m 4QFY18 4QFY17 YOY % FY2018 FY2017 YOY % Revenue
More informationN i l a i I m p i a n
Nilai Impian Nilai Impian Where even the simple things are special. Nilai Impian homes and the spaces around them are welcoming and nurturing, perfect for starting a new life together and raising a family.
More informationIJM LAND. Fast & furious start for Bandar Rimbayu BUY. Company report. (Maintained) Rationale for report: Company Update PROPERTY DEVELOPMENT
PROPERTY DEVELOPMENT IJM LAND (IJMLD MK, IJMLAND.KL) 4 December 2013 Company report Fast & furious start for Bandar Rimbayu BUY (Maintained) Rationale for report: Company Update Price Fair Value 52-week
More informationMEDA INC. BERHAD ( MEDA OR THE COMPANY OR THE PURCHASER )
MEDA INC. BERHAD ( MEDA OR THE COMPANY OR THE PURCHASER ) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PESONA ALFA SDN BHD COMPRISING 1,100,000 ORDINARY SHARES OF RM1.00 EACH FROM THE VENDORS
More informationSeries
central Region Nusantara Series follow your bliss Nusantara bungalow homes are gracefully surrounded by nature. Each 2-storey bungalow perfectly blends modern luxury with the beauty of nature through Balinese
More informationFINANCIAL YEAR 2012 RESULTS
FINANCIAL YEAR 2012 RESULTS 31 January 2013 Contents Financial Highlights FY 2012 Portfolio Update KLCA & Cyberjaya Office Market Outlook Klang Valley & Penang Retail Market Outlook Conclusion 2 Important
More informationThe development mirrors the trend of smaller units, not only in Kelana Jaya, but also in more mature markets like Kuala Lumpur and Petaling Jaya.
Ready to come home By theedgeproperty.com May 8, 2013 2:30 PM MYT AFTER over two decades of promoting Penang and Peranakan food in the US, Datuk Stanley Cheah and his wife Datin June Khoo are ready to
More informationSP Setia hits the right note in changing times
Page 1 of 5 SP Setia hits the right note in changing times Strategy is knowing what buyers want and shaping the products accordingly Starter homes and established township much in demand by Roznah Abdul
More informationFinancial Period 2018 (FP2018) Results Announcement First Quarter ended 30 September 2018
Financial Period 2018 (FP2018) Results Announcement First Quarter ended 30 September 2018 28 November 2018 First Quarter of FP2018 Financial Performance 2 First Quarter Ended 30 September 2018 In RM m
More informationSt Mary Residences (Penthouse Suites) Kuala Lumpur (KL), Malaysia
St Mary Residences (Penthouse Suites) Kuala Lumpur (KL), Malaysia Language Spoken: English, Chinese, and Malay Area: 243 KM 2 Population (City): ~ 1.65 million Population (Metro): ~ 7 million Currency:
More informationIFP ADVISORS GROUP ( Your One-Stop Solution Provider )
IFP ADVISORS GROUP ( Your One-Stop Solution Provider ) IFP Ventures & Property Management Services (0025686-K) Updated by Fazreen August 10 th, 2018 «Real-Estate and Financial Services «Hunting line 0-6186
More information