Monday, September 29, 2008
Dynasty Garden just hand over The KEYs
Everyday at least 30 landlord, condo owners arrived Dynasty Garden management office, just because they can get their house keys.
check out the facilities
fill in the defective reports
but ... check out the security guards how they work.
and the price is ... rocket high ?
Bukit Jalil New Condo next to Vista Komanwel Block C
Yes, walking distant to Sri Petaling LRT station. Convenient is sure to be a good location.
But ... the price !!!
Labels:
bukit jalil,
Condominium,
Freehold,
Kuala Lumpur,
sri petaling
Monday, September 1, 2008
Apartment/Flat for Rental in Kuala Lumpur
(a) Posted 14/8/2008. MONT KIARA Bayu Condo. full furnished. high floor 1000 square feet. 2 rooms 2 bath, quiet cosy. one year lease agreement. Rental RM$3000 per month.
(b) Posted 26/8/2008. MONT KIARA Pines Condo, 3 rooms 2 baths, 1268 square feet, top floor, fully furnished, pool view, one year lease agreement require. Rental RM$3200 per month.
(c) Posted 23/7/2008. MONT KIARA Pelangi Condo, 1350sf, 3 room 2 bath, fully furnished, good condition. one year lease agreement. Rental RM$3200 per month.
(d) Posted 19/7/2008. MONT KIARA Laman Suria Condo, 2 room 2 bath. Fully Furnished. One year lease agreement. Rental RM$3000 per month Negotiable.
(e) Posted 26/8/2008. ALPHA VILLA Apartment near Jaya Jusco Wangsa Maju. Basic 3 + 1 bedroom, corner. One year lease agreement. Rental RM1200 per month.
(f) Posted 21/8/2008. KLCC PARKVIEW Studio. 420 square feet. car park, tasteful ID renovated. fully furnished. air condition, LCD TV, microwave, water heater, High floor. one year lease agreement. Rental RM2400 per month.
(b) Posted 26/8/2008. MONT KIARA Pines Condo, 3 rooms 2 baths, 1268 square feet, top floor, fully furnished, pool view, one year lease agreement require. Rental RM$3200 per month.
(c) Posted 23/7/2008. MONT KIARA Pelangi Condo, 1350sf, 3 room 2 bath, fully furnished, good condition. one year lease agreement. Rental RM$3200 per month.
(d) Posted 19/7/2008. MONT KIARA Laman Suria Condo, 2 room 2 bath. Fully Furnished. One year lease agreement. Rental RM$3000 per month Negotiable.
(e) Posted 26/8/2008. ALPHA VILLA Apartment near Jaya Jusco Wangsa Maju. Basic 3 + 1 bedroom, corner. One year lease agreement. Rental RM1200 per month.
(f) Posted 21/8/2008. KLCC PARKVIEW Studio. 420 square feet. car park, tasteful ID renovated. fully furnished. air condition, LCD TV, microwave, water heater, High floor. one year lease agreement. Rental RM2400 per month.
Saturday, July 12, 2008
Thursday, June 26, 2008
PJD Swiss Garden Residences Project Latest Update
PJ Development Holdings Bhd (PJD) has sold all 185 serviced apartments in one of two blocks for its Swiss-Garden Residences project.
Executive director Yap Yoon Kong said the 33-storey Tower A was fully sold when the 1.7-acre freehold development at Jalan Galloway, off Jalan Pudu here was launched on May 31.
“We launched the 37-storey Tower B the following weekend and sold about 40% of the 251 units,” he said, adding that buyers were local and foreigners from Hong Kong and Singapore.
Yap said construction work would be stepped up in view of the rising costs. “We have made some adjustments with our contractors who are also committed to ensuring the success of the project,” he told StarBiz.
He said the apartments, priced from RM333,888 for the first block were the only one of its kind in the area and would be managed by the Swiss-Garden International Hotels, Resorts & Inns.
The apartments have built-up areas ranging from 550 to 2,700 sq ft for the penthouse units. Tower A has four layout designs and Tower B seven.
The facilities include 24-hour security, CCTV cameras, access card system to the lifts, squash court, sauna, infinity and wading pool, gymnasium and children’s play area while services include broadband, laundrette and convenience store. There will also be a banquet hall and function rooms.
Slated for completion in April 2011, the project is being developed by Superville Sdn Bhd, a wholly-owned subsidiary of PJD.
Superville general manager James Chew said buyers would get a free parking bay per unit. There will be basement car park and five levels of above ground car park. There will also be a link to the adjacent Swiss-Garden Hotel.
Chew said sales were still moving despite the recent oil price increase. “When we did piling the price of steel was RM1,800 per tonne. It has now gone up to RM4,000 per tonne.”
PJD has several projects in the pipeline. They include the leasehold Sierra Oakleaf in Bukit Antarabangsa here that would be developed on a “build-then-sell” concept. It would comprise 20 semi-detached homes priced around RM2mil each.
The company bought over a project in Jalan Tun Razak a year ago. It plans to build offices and retail units there and hopes to sell it en bloc.
It also has a high-end project called Duta Kingsbury @ Dutamas in Sri Hartamas here where it will build three-storey super-link houses and two blocks of condominiums.
Executive director Yap Yoon Kong said the 33-storey Tower A was fully sold when the 1.7-acre freehold development at Jalan Galloway, off Jalan Pudu here was launched on May 31.
“We launched the 37-storey Tower B the following weekend and sold about 40% of the 251 units,” he said, adding that buyers were local and foreigners from Hong Kong and Singapore.
Yap said construction work would be stepped up in view of the rising costs. “We have made some adjustments with our contractors who are also committed to ensuring the success of the project,” he told StarBiz.
He said the apartments, priced from RM333,888 for the first block were the only one of its kind in the area and would be managed by the Swiss-Garden International Hotels, Resorts & Inns.
The apartments have built-up areas ranging from 550 to 2,700 sq ft for the penthouse units. Tower A has four layout designs and Tower B seven.
The facilities include 24-hour security, CCTV cameras, access card system to the lifts, squash court, sauna, infinity and wading pool, gymnasium and children’s play area while services include broadband, laundrette and convenience store. There will also be a banquet hall and function rooms.
Slated for completion in April 2011, the project is being developed by Superville Sdn Bhd, a wholly-owned subsidiary of PJD.
Superville general manager James Chew said buyers would get a free parking bay per unit. There will be basement car park and five levels of above ground car park. There will also be a link to the adjacent Swiss-Garden Hotel.
Chew said sales were still moving despite the recent oil price increase. “When we did piling the price of steel was RM1,800 per tonne. It has now gone up to RM4,000 per tonne.”
PJD has several projects in the pipeline. They include the leasehold Sierra Oakleaf in Bukit Antarabangsa here that would be developed on a “build-then-sell” concept. It would comprise 20 semi-detached homes priced around RM2mil each.
The company bought over a project in Jalan Tun Razak a year ago. It plans to build offices and retail units there and hopes to sell it en bloc.
It also has a high-end project called Duta Kingsbury @ Dutamas in Sri Hartamas here where it will build three-storey super-link houses and two blocks of condominiums.
Saturday, June 21, 2008
Pavilion Residences Bukit Bintang
Type: Apartment, Condo and Serviced Residence
Price (RM): RM 1,160,000.00
Expect the unexpected. Aim High, circle the moon, reach for the stars, fly the borderless world. Know that peace and tranquility is here when you return. Pavilion Residences is a Six Star Lifestyle, Iconic Towering Elegance. The Ultimate in Smart Inner City Living. Convenience and Security, plus, Private Access to Fifth Avenue-Ginza style Retail and Dining Experiences.
Pavilion Residences is located in the very heart of the elite Golden Triangle, absolutely prime and excellent location, on Bintang Walk; which is Kuala Lumpur's chic shopping and entertainment precint. Overlooking KLCC, Golf courses and beyond. 368 luxurious residences, proudly part of Pavilion Kuala Lumpur, the 12-acre, residential-retail-hotel-office development at Bukit Bintang, in the heart of Golden Triangle.
For Sale/For Rent: For Sale
No. of Rooms: 1
No. of Bathrooms: 1
Built-up Area: 680 square feet
Tenure Type: Leasehold
Furnishing Type: Partly Furnished
Facing Direction: North West
City: City CentreState: Kuala Lumpur
Facilities: Sky Garden consists of Swimming pool, tennis, health club, gym and aerobics studio.
Water-surrounded sunken yoga courtyard, jacuzzi, outdoor exercise area, and area for children to play in safety, set amidst shady tress and lush landscaping.Extra Information: Concierge counter, doormer services, card key access, secured lift lobbies, CCTV and dedicated carpark for residents. World-clasds best of brands shopping mall with stylish lifestyle zones including entertainment
Price (RM): RM 1,160,000.00
Expect the unexpected. Aim High, circle the moon, reach for the stars, fly the borderless world. Know that peace and tranquility is here when you return. Pavilion Residences is a Six Star Lifestyle, Iconic Towering Elegance. The Ultimate in Smart Inner City Living. Convenience and Security, plus, Private Access to Fifth Avenue-Ginza style Retail and Dining Experiences.
Pavilion Residences is located in the very heart of the elite Golden Triangle, absolutely prime and excellent location, on Bintang Walk; which is Kuala Lumpur's chic shopping and entertainment precint. Overlooking KLCC, Golf courses and beyond. 368 luxurious residences, proudly part of Pavilion Kuala Lumpur, the 12-acre, residential-retail-hotel-office development at Bukit Bintang, in the heart of Golden Triangle.
For Sale/For Rent: For Sale
No. of Rooms: 1
No. of Bathrooms: 1
Built-up Area: 680 square feet
Tenure Type: Leasehold
Furnishing Type: Partly Furnished
Facing Direction: North West
City: City CentreState: Kuala Lumpur
Facilities: Sky Garden consists of Swimming pool, tennis, health club, gym and aerobics studio.
Water-surrounded sunken yoga courtyard, jacuzzi, outdoor exercise area, and area for children to play in safety, set amidst shady tress and lush landscaping.Extra Information: Concierge counter, doormer services, card key access, secured lift lobbies, CCTV and dedicated carpark for residents. World-clasds best of brands shopping mall with stylish lifestyle zones including entertainment
Thursday, June 12, 2008
Property in KLCC Area
Golden opportunities
Kuala Lumpur’s Golden Triangle is irrefutably the prime property hotspot of the nation. And if the premium pricing of property there is not enough to convince you, then consider the quality of the developments that have materialised in the vicinity of the KL City Centre (KLCC) project.By 2008, the area surrounding KLCC Park, the site of one of modern Malaysia’s most prominent symbols, the Petronas Twin Towers, will be home to the urban elite of KL society, with a host of super condominiums and luxurious residencies occupying its perimeter.With prices already breaking the RM1,000psf mark and fresh frontiers in luxurious living being opened with each new project launch, there is a growing belief that residences in the Golden Triangle will someday be on par with world renowned residential enclaves such as Hyde Park in London and Central Park in New York.Here, PropertyTimes overviews the prime properties that have, or will, become part of this exclusive hotspot, in a few years:
1) The Binjai
Set to be an icon for exclusive KL living - and an address that will be “internationally recognised” when completed towards the close of next year, The Binjai offers 171 units housed in two towers of 44 and 45 storeys.Developed by Layar Intan Sdn Bhd, a subsidiary of KLCC (Holdings) Bhd, Tower A will have two units per floor, with a standard built-up area of 3,700sq ft, while Tower B will have three units per floor, each of 2,300sq ft. Even the typical units will have private lobbies, leading to three bedrooms, a study, maid’s room, separate living and dining areas and three balconies.The Binjai will also boast 14 penthouses that come in various sizes. The four-plus-one Sky Apartments will average 5,000sq ft while the double-level Sky Penthouses will range from 17,000sq ft (Tower B) to 19,000sq ft (Tower A). The three Sky Penthouses will come with the added feature of private swimming pools.Located at the intersection of Persiaran KLCC and Jalan Binjai, sprawling over 1.8 acres, The Binjai’s units are priced from RM2.3 million or RM1,000psf, making it the first project in Malaysia to hit the four-figure mark for a square foot of space. Its common facilities will include swimming and spa pools, tennis and squash courts as well as a gym and sauna, besides 24-hour security and broadband Internet access.Based on a 60 per cent margin of financing and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of about RM12,000.The Binjai, with a gross development value of RM500 million, is expected to be completed in the fourth quarter of 2006.
2) Stonor Park
This baby of Beneton Properties Sdn Bhd offers 71 condominiums housed in a pair of 20-storey blocks on a one-acre plot along Jalan Stonor.Touted as the first in the country to be launched with a floor layout of two units per level, served by a pair of lifts, the development will feature standard units with built-up areas ranging from 2,200sq ft to 4,000sq ft, while the penthouse sizes will be between 6,000sq ft and 8,000sq ft.Pegged from RM500psf to RM750psf, a buyer is looking at paying anything from RM1.1 million to RM5.6 million to live in Stonor Park, where the design features will include 10ft-high ceilings, 8ft-high doors and glass balconies.Recreational facilities will include a swimming pool, gym and meeting and function rooms. Owners will be charged 35 sen per square foot for the first two years for maintenance.Launched in April 2003, Stonor Park is among the pioneer luxury residential projects within the KLCC area. It has hit off well with buyers, with all its units sold.Based on a 60 per cent margin of financing and a 6.15 per cent interest rate repaid over 15 years, buyers are looking at a minimum monthly loan repayment of under RM6,000.
3) 2Hampshire
Located on a 0.91-acre plot, the RM139 million gross development value 2Hampshire will feature a 25-storey tower accommodating 93 condominiums, indicatively priced from RM500psf or RM698,000. The units will have built-up areas ranging from 1,396sq ft to 6,229sq ft.At the entrance lobby, there will be two private lobbies, each with a pair of lifts providing access to designated units. A separate external service lift and loading bay will allow access for the maintenance crew, maids and also, for moving furniture.Facilities will include a swimming pool, gym, function room, reading-cum-meeting room, children’s play area and a room for drivers.Also developed by Beneton Properties, 2Hampshire is expected to be completed in February 2007.Based on a 70 per cent margin and a 6.15 per cent interest repaid over 20 years, buyers are looking at a minimum monthly loan repayment of under RM4,000.
4) Berjaya Central Park
Located next to Concorde Hotel along KL’s Jalan Sultan Ismail, the RM700 million Berjaya Central Park is based on the design concept of the completed Berjaya Times Square in Jalan Imbi.It is being developed on a three-acre plot by Wangsa Tegap Sdn Bhd, a wholly-owned subsidiary of Berjaya Group Bhd, at the junction of Jalan Ampang and Jalan Sultan Ismail, directly opposite the Renaissance Hotel.Berjaya Central Park will feature a twin block of 50 storeys situated atop a podium block. Both blocks will have 814 units, with the first block serving as a hotel and the second, for serviced suites.With built-up sizes starting from 400sq ft, the serviced suites, with 23 units per floor, will be priced on par with The Binjai at RM1,000psf - or RM400,000 for the smallest unit.Three levels of basement car-parking and the elevated car-park from levels two to eight will provide ample parking space for the residents. According to the developer, the buyers are guaranteed a six per cent nett rental return for the first two years. The project will be completed in three years’ time.Based on a 70 per cent margin and a 6.15 per cent interest repaid over 20 years, buyers are looking at a minimum monthly loan repayment of just over RM2,000.
5) The Binjai Residency
Although it has a name similar to KLCC Holdings’ The Binjai, The Binjai Residency is priced only about half as much, with units ranging from RM520psf to RM680psf.Located on a 0.8-acre freehold plot, The Binjai Residency will feature 100 condos housed in a 32-storey block. The project will offer built-up sizes starting from 2,096sq ft, which translates into RM1,193,450 for the smallest unit. Gauging from the sales performance, buyers must believe that the offer is too good to resist. More than 60 per cent of the units have been snapped up since its launch last November.All the three penthouses have also been sold. Each of these units will come with a built-up size of 6,000sq ft and will include a 42-ft long swimming pool.The Binjai Residency is developed by Amity Binjai Sdn Bhd, a wholly-owned subsidiary of the Amity Property Group.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of just over RM6,000.
6) Park Seven
Located on a 1.58-acre plot in Persiaran KLCC, Park Seven will be developed by SDB Properties Sdn Bhd, a wholly-owned subsidiary of Selangor Dredging Bhd.It will feature a total of 105 units comprising single-floor units, duplexes and penthouses, with the indicative pricing starting from RM640psf or RM1,458,560.This 20-storey project will offer condos with built-up sizes ranging from 2,279sq ft to 3,622sq ft for single-floor units, from 4,500sq ft to 5,800sq ft for duplexes and from 4,200sq ft for the penthouses.Catering mainly to families, its facilities will include swimming and wading pools, a gym, multi-function rooms, toddlers’ room and a yoga room, all located on an elevated pool deck floor.All units will have their own private lift lobby, broadband Internet access and Astro points.In addition, they will feature a 270-degree view, through floor to ceiling laminated glass frontage, built-in wardrobes, kitchen cabinets and appliances.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of around RM7,500.
7) Suria Stonor
This new flagship project of Glomac Bhd, spread over a 2.06-acre freehold plot in Persiaran Stonor, will offer 138 condos with a “garden-in-the-sky” concept.Offered in five designs, the units will be housed in two blocks of 25 and 26 storeys, with the prices pegged from RM1.8 million to RM8 million or between RM450psf and RM941psf.Catering to occupation by families, Suria Stonor will offer sizes of between 4,000sq ft and 8,500sq ft for its single-floor units, duplexes and penthouses. Spacious landscaped balconies and gardens in open areas will lend credence to its “garden-in-the-sky” concept.Glomac plans for the units to come with built-ins, but no decision has been made on whether kitchen appliances will be provided to complement the cabinets.The facilities will include swimming and wading pools, a gym, cafĂ©, sauna room and multi-purpose hall.Slated for official launch in the first quarter of this year, Suria Stonor, with a gross development value of RM300 million, is expected to be completed in 2007.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of a little more than RM9,000.
8) Marc Service Residence
Launched in late 2003, Marc Service Residence, developed by Beverly Tower Development Sdn Bhd, offers 607 condos in a pair of 35-storey towers on a two-acre plot.Priced from RM700psf, all 278 units of one- to four-bedroom units in the first tower were sold out soon after its launch.Buoyed by this success, project manager CapitaLand Commercial Sdn Bhd launched 230 units out of the 329 units in the second tower late last year.The developer priced units in this phase from RM310,000 to RM447,000 for the one-bedroom condos, RM520,000 to RM760,000 for the two-bedroom units and RM810,000 to RM1.2 million for the three-bedroom units.The four-bedroom units, with a built-up area of 3,300sq ft, are between RM2.5 million and RM3 million.The built-up sizes for the one-bedroom units will be in range of 409sq ft to 590sq ft. The two bedroom units will range from 686sq ft to 1,002sq ft, while the three-bedroom units will be from 1,068sq ft to 1,584sq ft.According to the developer, the rest of the units will be either sold off individually or as one block to a single party to manage as serviced apartments.The developer is currently looking at lease-management companies to manage the property, one of them being Ascott, CapitaLand’s serviced apartment arm that currently operates The Ascott Serviced Residence, which is located opposite Marc Service Residence.Though the first block was offered as condos, a tie-up with a lease-management company for the second block will allow CapitaLand to offer buyers an option to lease back their units as serviced apartments once they are renovated and furnished.Based on an 80 per cent margin and a 6.15 per cent interest repaid over 25 years, buyers are looking at a minimum monthly loan repayment of around RM1,600.
9) Dua Residency
Dua Residency, the flagship high-end stratified residential project of E & O Property Development Bhd, features 288 condos housed in a pair of 20-storey tower blocks.Developed on five acres of freehold land along Jalan Tun Razak, the development will have another access through Lorong Stonor.Launched during the first quarter of last year, the project offers units with built-up sizes ranging from 2,098sq ft for a three-bedroom unit to 6,033sq ft for the triplex, with prices starting from RM1.2 million or RM572psf.With 13 floor plans available, Dua Residency, with gross development value of RM360 million, offers various unique features such as a den, an “exhibition” kitchen and individual balconies.The standard specifications will include an integrated hot water system, built-in kitchen cabinets and appliances, broadband Internet access and separate living and dining areas.Facilities will include swimming and lounge pools, a sauna, gym, multi-purpose hall, reading room, a commercial centre called The Annexe and a two-tier security system.Dua Residency is expected to be completed next year.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of about RM6,000.
10) Bandar Raya Development Bhd’s project TROIKA
Another high-end project located in Jalan Binjai, the still unnamed project by Bandar Raya Development Bhd (BRDB) has already received wide attention because it is designed by world-renowned architect Lord Norman Foster.The yet to be launched project is planned to comprise 237 condos housed in three towers of 51 storeys on a 2.07-acre plot.The towers will be linked by skybridges at the 26th to 28th floors, where the facilities such as gyms and restaurants will be located.The units, with built-up areas ranging from 1,000sq ft to 3,000sq ft, will have an indicative pricing of RM700,000 or RM700psf.As with other Norman Foster designs, this project will emphasise the best views for residents to enjoy.Based on a 70 per cent margin and a 6.15 per cent interest repaid over 20 years, buyers are looking at a minimum monthly loan repayment of about RM3,500.
11) Bolton’s project
Little is known about this project as it is still in the planning stage. According to a source, it will be a high-end condo, to be launched sometime this year.The yet-to-be-named project will be developed on a one-acre freehold portion of the 4.3-acre site Bolton acquired in Jalan Mayang, off Jalan Yap Kwan Seng, in 1991. The nett book value of this land is estimated at RM41.5 million, or almost RM1,000psf.The project could be similar to Bolton’s luxurious D’Mayang Condominium in the vicinity. D’Mayang comprises 17 condos on a 24,480sq ft plot.The new project is expected to offer units at an indicative pricing of between RM500psf and RM600psf.
12) TA2 and TA3
Still in the planning stage, TA Enterprise Bhd’s developments TA2 and TA3 are expected to be a 43-storey condo and a 32-storey serviced apartment.These will be developed on two plots of land, one being 1.25 acres in size and the other 1.5 acres, located adjacent to Menara TA One and Petronas Twin Towers.The estimated total gross development value of the two projects is in the region of RM500 million.- Property Times 15 January 2004 issue.
Kuala Lumpur’s Golden Triangle is irrefutably the prime property hotspot of the nation. And if the premium pricing of property there is not enough to convince you, then consider the quality of the developments that have materialised in the vicinity of the KL City Centre (KLCC) project.By 2008, the area surrounding KLCC Park, the site of one of modern Malaysia’s most prominent symbols, the Petronas Twin Towers, will be home to the urban elite of KL society, with a host of super condominiums and luxurious residencies occupying its perimeter.With prices already breaking the RM1,000psf mark and fresh frontiers in luxurious living being opened with each new project launch, there is a growing belief that residences in the Golden Triangle will someday be on par with world renowned residential enclaves such as Hyde Park in London and Central Park in New York.Here, PropertyTimes overviews the prime properties that have, or will, become part of this exclusive hotspot, in a few years:
1) The Binjai
Set to be an icon for exclusive KL living - and an address that will be “internationally recognised” when completed towards the close of next year, The Binjai offers 171 units housed in two towers of 44 and 45 storeys.Developed by Layar Intan Sdn Bhd, a subsidiary of KLCC (Holdings) Bhd, Tower A will have two units per floor, with a standard built-up area of 3,700sq ft, while Tower B will have three units per floor, each of 2,300sq ft. Even the typical units will have private lobbies, leading to three bedrooms, a study, maid’s room, separate living and dining areas and three balconies.The Binjai will also boast 14 penthouses that come in various sizes. The four-plus-one Sky Apartments will average 5,000sq ft while the double-level Sky Penthouses will range from 17,000sq ft (Tower B) to 19,000sq ft (Tower A). The three Sky Penthouses will come with the added feature of private swimming pools.Located at the intersection of Persiaran KLCC and Jalan Binjai, sprawling over 1.8 acres, The Binjai’s units are priced from RM2.3 million or RM1,000psf, making it the first project in Malaysia to hit the four-figure mark for a square foot of space. Its common facilities will include swimming and spa pools, tennis and squash courts as well as a gym and sauna, besides 24-hour security and broadband Internet access.Based on a 60 per cent margin of financing and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of about RM12,000.The Binjai, with a gross development value of RM500 million, is expected to be completed in the fourth quarter of 2006.
2) Stonor Park
This baby of Beneton Properties Sdn Bhd offers 71 condominiums housed in a pair of 20-storey blocks on a one-acre plot along Jalan Stonor.Touted as the first in the country to be launched with a floor layout of two units per level, served by a pair of lifts, the development will feature standard units with built-up areas ranging from 2,200sq ft to 4,000sq ft, while the penthouse sizes will be between 6,000sq ft and 8,000sq ft.Pegged from RM500psf to RM750psf, a buyer is looking at paying anything from RM1.1 million to RM5.6 million to live in Stonor Park, where the design features will include 10ft-high ceilings, 8ft-high doors and glass balconies.Recreational facilities will include a swimming pool, gym and meeting and function rooms. Owners will be charged 35 sen per square foot for the first two years for maintenance.Launched in April 2003, Stonor Park is among the pioneer luxury residential projects within the KLCC area. It has hit off well with buyers, with all its units sold.Based on a 60 per cent margin of financing and a 6.15 per cent interest rate repaid over 15 years, buyers are looking at a minimum monthly loan repayment of under RM6,000.
3) 2Hampshire
Located on a 0.91-acre plot, the RM139 million gross development value 2Hampshire will feature a 25-storey tower accommodating 93 condominiums, indicatively priced from RM500psf or RM698,000. The units will have built-up areas ranging from 1,396sq ft to 6,229sq ft.At the entrance lobby, there will be two private lobbies, each with a pair of lifts providing access to designated units. A separate external service lift and loading bay will allow access for the maintenance crew, maids and also, for moving furniture.Facilities will include a swimming pool, gym, function room, reading-cum-meeting room, children’s play area and a room for drivers.Also developed by Beneton Properties, 2Hampshire is expected to be completed in February 2007.Based on a 70 per cent margin and a 6.15 per cent interest repaid over 20 years, buyers are looking at a minimum monthly loan repayment of under RM4,000.
4) Berjaya Central Park
Located next to Concorde Hotel along KL’s Jalan Sultan Ismail, the RM700 million Berjaya Central Park is based on the design concept of the completed Berjaya Times Square in Jalan Imbi.It is being developed on a three-acre plot by Wangsa Tegap Sdn Bhd, a wholly-owned subsidiary of Berjaya Group Bhd, at the junction of Jalan Ampang and Jalan Sultan Ismail, directly opposite the Renaissance Hotel.Berjaya Central Park will feature a twin block of 50 storeys situated atop a podium block. Both blocks will have 814 units, with the first block serving as a hotel and the second, for serviced suites.With built-up sizes starting from 400sq ft, the serviced suites, with 23 units per floor, will be priced on par with The Binjai at RM1,000psf - or RM400,000 for the smallest unit.Three levels of basement car-parking and the elevated car-park from levels two to eight will provide ample parking space for the residents. According to the developer, the buyers are guaranteed a six per cent nett rental return for the first two years. The project will be completed in three years’ time.Based on a 70 per cent margin and a 6.15 per cent interest repaid over 20 years, buyers are looking at a minimum monthly loan repayment of just over RM2,000.
5) The Binjai Residency
Although it has a name similar to KLCC Holdings’ The Binjai, The Binjai Residency is priced only about half as much, with units ranging from RM520psf to RM680psf.Located on a 0.8-acre freehold plot, The Binjai Residency will feature 100 condos housed in a 32-storey block. The project will offer built-up sizes starting from 2,096sq ft, which translates into RM1,193,450 for the smallest unit. Gauging from the sales performance, buyers must believe that the offer is too good to resist. More than 60 per cent of the units have been snapped up since its launch last November.All the three penthouses have also been sold. Each of these units will come with a built-up size of 6,000sq ft and will include a 42-ft long swimming pool.The Binjai Residency is developed by Amity Binjai Sdn Bhd, a wholly-owned subsidiary of the Amity Property Group.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of just over RM6,000.
6) Park Seven
Located on a 1.58-acre plot in Persiaran KLCC, Park Seven will be developed by SDB Properties Sdn Bhd, a wholly-owned subsidiary of Selangor Dredging Bhd.It will feature a total of 105 units comprising single-floor units, duplexes and penthouses, with the indicative pricing starting from RM640psf or RM1,458,560.This 20-storey project will offer condos with built-up sizes ranging from 2,279sq ft to 3,622sq ft for single-floor units, from 4,500sq ft to 5,800sq ft for duplexes and from 4,200sq ft for the penthouses.Catering mainly to families, its facilities will include swimming and wading pools, a gym, multi-function rooms, toddlers’ room and a yoga room, all located on an elevated pool deck floor.All units will have their own private lift lobby, broadband Internet access and Astro points.In addition, they will feature a 270-degree view, through floor to ceiling laminated glass frontage, built-in wardrobes, kitchen cabinets and appliances.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of around RM7,500.
7) Suria Stonor
This new flagship project of Glomac Bhd, spread over a 2.06-acre freehold plot in Persiaran Stonor, will offer 138 condos with a “garden-in-the-sky” concept.Offered in five designs, the units will be housed in two blocks of 25 and 26 storeys, with the prices pegged from RM1.8 million to RM8 million or between RM450psf and RM941psf.Catering to occupation by families, Suria Stonor will offer sizes of between 4,000sq ft and 8,500sq ft for its single-floor units, duplexes and penthouses. Spacious landscaped balconies and gardens in open areas will lend credence to its “garden-in-the-sky” concept.Glomac plans for the units to come with built-ins, but no decision has been made on whether kitchen appliances will be provided to complement the cabinets.The facilities will include swimming and wading pools, a gym, cafĂ©, sauna room and multi-purpose hall.Slated for official launch in the first quarter of this year, Suria Stonor, with a gross development value of RM300 million, is expected to be completed in 2007.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of a little more than RM9,000.
8) Marc Service Residence
Launched in late 2003, Marc Service Residence, developed by Beverly Tower Development Sdn Bhd, offers 607 condos in a pair of 35-storey towers on a two-acre plot.Priced from RM700psf, all 278 units of one- to four-bedroom units in the first tower were sold out soon after its launch.Buoyed by this success, project manager CapitaLand Commercial Sdn Bhd launched 230 units out of the 329 units in the second tower late last year.The developer priced units in this phase from RM310,000 to RM447,000 for the one-bedroom condos, RM520,000 to RM760,000 for the two-bedroom units and RM810,000 to RM1.2 million for the three-bedroom units.The four-bedroom units, with a built-up area of 3,300sq ft, are between RM2.5 million and RM3 million.The built-up sizes for the one-bedroom units will be in range of 409sq ft to 590sq ft. The two bedroom units will range from 686sq ft to 1,002sq ft, while the three-bedroom units will be from 1,068sq ft to 1,584sq ft.According to the developer, the rest of the units will be either sold off individually or as one block to a single party to manage as serviced apartments.The developer is currently looking at lease-management companies to manage the property, one of them being Ascott, CapitaLand’s serviced apartment arm that currently operates The Ascott Serviced Residence, which is located opposite Marc Service Residence.Though the first block was offered as condos, a tie-up with a lease-management company for the second block will allow CapitaLand to offer buyers an option to lease back their units as serviced apartments once they are renovated and furnished.Based on an 80 per cent margin and a 6.15 per cent interest repaid over 25 years, buyers are looking at a minimum monthly loan repayment of around RM1,600.
9) Dua Residency
Dua Residency, the flagship high-end stratified residential project of E & O Property Development Bhd, features 288 condos housed in a pair of 20-storey tower blocks.Developed on five acres of freehold land along Jalan Tun Razak, the development will have another access through Lorong Stonor.Launched during the first quarter of last year, the project offers units with built-up sizes ranging from 2,098sq ft for a three-bedroom unit to 6,033sq ft for the triplex, with prices starting from RM1.2 million or RM572psf.With 13 floor plans available, Dua Residency, with gross development value of RM360 million, offers various unique features such as a den, an “exhibition” kitchen and individual balconies.The standard specifications will include an integrated hot water system, built-in kitchen cabinets and appliances, broadband Internet access and separate living and dining areas.Facilities will include swimming and lounge pools, a sauna, gym, multi-purpose hall, reading room, a commercial centre called The Annexe and a two-tier security system.Dua Residency is expected to be completed next year.Based on a 60 per cent margin and a 6.15 per cent interest repaid over 15 years, buyers are looking at a minimum monthly loan repayment of about RM6,000.
10) Bandar Raya Development Bhd’s project TROIKA
Another high-end project located in Jalan Binjai, the still unnamed project by Bandar Raya Development Bhd (BRDB) has already received wide attention because it is designed by world-renowned architect Lord Norman Foster.The yet to be launched project is planned to comprise 237 condos housed in three towers of 51 storeys on a 2.07-acre plot.The towers will be linked by skybridges at the 26th to 28th floors, where the facilities such as gyms and restaurants will be located.The units, with built-up areas ranging from 1,000sq ft to 3,000sq ft, will have an indicative pricing of RM700,000 or RM700psf.As with other Norman Foster designs, this project will emphasise the best views for residents to enjoy.Based on a 70 per cent margin and a 6.15 per cent interest repaid over 20 years, buyers are looking at a minimum monthly loan repayment of about RM3,500.
11) Bolton’s project
Little is known about this project as it is still in the planning stage. According to a source, it will be a high-end condo, to be launched sometime this year.The yet-to-be-named project will be developed on a one-acre freehold portion of the 4.3-acre site Bolton acquired in Jalan Mayang, off Jalan Yap Kwan Seng, in 1991. The nett book value of this land is estimated at RM41.5 million, or almost RM1,000psf.The project could be similar to Bolton’s luxurious D’Mayang Condominium in the vicinity. D’Mayang comprises 17 condos on a 24,480sq ft plot.The new project is expected to offer units at an indicative pricing of between RM500psf and RM600psf.
12) TA2 and TA3
Still in the planning stage, TA Enterprise Bhd’s developments TA2 and TA3 are expected to be a 43-storey condo and a 32-storey serviced apartment.These will be developed on two plots of land, one being 1.25 acres in size and the other 1.5 acres, located adjacent to Menara TA One and Petronas Twin Towers.The estimated total gross development value of the two projects is in the region of RM500 million.- Property Times 15 January 2004 issue.
Sunday, May 25, 2008
Thursday, May 22, 2008
Malton Commercial Project in Petaling Jaya
Malton’s commercial project has condominium facilities
MALTON Bhd's latest commercial development, VSQ @ PJ City Centre has done pretty well with about 40% of its business suites in one of its five blocks sold within two months of launch despite stiff competition.
The freehold project with a gross development value (GDV) of RM207mil has a unique feature: condominium facilities like a swimming pool!
Office workers can unwind at the gym, spa or restaurants after a hard day's work at the recreational deck and retail podium that will have F & B outlets. It is also Wi-Fi ready at selected areas
In fact visitors to VSQ (pronounced as V Square) sales gallery at Phileo Damansara 1, may be forgiven for thinking that it is a condominium because a model of the project shows the usual condominium facilities.
Some owners might turn some of the business suites into a SOHO (small office, home office) where they can live in it. There are individual suites with pantry and bathroom as well as three-phased wiring for all types of office units. Security is also top-notch with access card system and CCTV cameras.
A SOHO may be a good idea especially for single executives who prefer to live and work in the same place and avoid all the traffic jams.
With so many eating-places at nearby Section 13 and 14 (Jaya 1, Jaya 33, Three Two Square and Digital Mall) or at the nearby PJ city centre, buyers or their tenants can have their meals outside without any hassle.
VSQ on 2.58-acres of leasehold land is in a prominent part of Petaling Jaya (along Jalan Utara), where there are plenty of amenities. It is within walking distance to PJ Hilton, Armada Hotel, Crystal Crown Hotel, Menara Axis and the Asia Jaya LRT station. The Tun Hussein Onn Eye Hospital is next door.
However, a minor downside is that Jalan Utara can be quite congested especially during peak after office hours. Fortunately, since it is about 100 metres from the turning into the Federal Highway, it would not be a long wait even if one were caught in a traffic jam.
Malton sales & marketing director Tracey Lai said there had been enquiries for the en-bloc purchase of the other four blocks. They are two, 18-storey corporate towers (average RM530 psf/8,388 sq ft per floor) and two, 7-storey corporate offices (average RM483 to RM486 psf or RM12.3mil and RM11.5mil/3,390 to 3,645 sq ft per floor).
She said the two corporate towers fronting Jalan Utara would be ideal as corporate head offices while the business suites with 921 sq ft to 1,911 sq ft (average price of RM500psf or RM435,900 to RM872,800) was designed for smaller companies which needed smaller space.
Lai's excitement over VSQ is understandable, as the project is perceived to be the new business landmark in Petaling Jaya.
This part of Petaling Jaya has experienced “very hot” take up rates for commercial projects over the past three years and the momentum seems to be in full swing.
This phenomenon is partly attributed to the pent-up demand for office and retail space after a long absence of such projects in the area. Businesses are also relocating to Petaling Jaya. There is now a boom of commercial projects in the area.
Meanwhile, Malton has lined up several high-end projects worth a total GDV of RM2.1bil for this year. They include The Grove, Pearl Villas, and Ukay Spring. It has also soft launched the Amaya Saujana (378 units in three blocks) last November. About 70% of the Phase 1 residential suites had been sold while sales had also been “surprisingly strong” for Phase 2.
It will pre-launch the freehold The Grove in SS23, Petaling Jaya next month. It will comprise of 31 bungalows (price from RM3.4mil to RM3.8mil) and four link bungalows (RM3mil). Its target market is a high-income individual above 35 years old and who is looking to upgrade to an exclusive gated community with 24-hour security.
It has also done very well for its Pearl Villas at Section 16, Petaling Jaya where all 42 units of three-storey semi-detached houses have been sold.
“Many of our purchasers are professionals who bought for their children. As there is a scarcity of freehold land in Section 16, people jumped at the opportunity to buy the Pearl Villas houses priced at an average of RM2.6mil,” she said, adding that it would be very costly for people to buy an old bungalow in Section 16, demolish it and rebuild.
The Malton Group (renowned for its three flagship projects, Bukit Rimau, Mutiara Indah and Mutiara Puchong) comprises the Khuan Choo Group, Bukit Rimau Development Sdn Bhd and Domain Group.
In 2002, the three were injected into Gadek Capital Bhd, resulting in its re-listing on the main board of Bursa Malaysia and it assumed its present name Malton Bhd
MALTON Bhd's latest commercial development, VSQ @ PJ City Centre has done pretty well with about 40% of its business suites in one of its five blocks sold within two months of launch despite stiff competition.
The freehold project with a gross development value (GDV) of RM207mil has a unique feature: condominium facilities like a swimming pool!
Office workers can unwind at the gym, spa or restaurants after a hard day's work at the recreational deck and retail podium that will have F & B outlets. It is also Wi-Fi ready at selected areas
In fact visitors to VSQ (pronounced as V Square) sales gallery at Phileo Damansara 1, may be forgiven for thinking that it is a condominium because a model of the project shows the usual condominium facilities.
Some owners might turn some of the business suites into a SOHO (small office, home office) where they can live in it. There are individual suites with pantry and bathroom as well as three-phased wiring for all types of office units. Security is also top-notch with access card system and CCTV cameras.
A SOHO may be a good idea especially for single executives who prefer to live and work in the same place and avoid all the traffic jams.
With so many eating-places at nearby Section 13 and 14 (Jaya 1, Jaya 33, Three Two Square and Digital Mall) or at the nearby PJ city centre, buyers or their tenants can have their meals outside without any hassle.
VSQ on 2.58-acres of leasehold land is in a prominent part of Petaling Jaya (along Jalan Utara), where there are plenty of amenities. It is within walking distance to PJ Hilton, Armada Hotel, Crystal Crown Hotel, Menara Axis and the Asia Jaya LRT station. The Tun Hussein Onn Eye Hospital is next door.
However, a minor downside is that Jalan Utara can be quite congested especially during peak after office hours. Fortunately, since it is about 100 metres from the turning into the Federal Highway, it would not be a long wait even if one were caught in a traffic jam.
Malton sales & marketing director Tracey Lai said there had been enquiries for the en-bloc purchase of the other four blocks. They are two, 18-storey corporate towers (average RM530 psf/8,388 sq ft per floor) and two, 7-storey corporate offices (average RM483 to RM486 psf or RM12.3mil and RM11.5mil/3,390 to 3,645 sq ft per floor).
She said the two corporate towers fronting Jalan Utara would be ideal as corporate head offices while the business suites with 921 sq ft to 1,911 sq ft (average price of RM500psf or RM435,900 to RM872,800) was designed for smaller companies which needed smaller space.
Lai's excitement over VSQ is understandable, as the project is perceived to be the new business landmark in Petaling Jaya.
This part of Petaling Jaya has experienced “very hot” take up rates for commercial projects over the past three years and the momentum seems to be in full swing.
This phenomenon is partly attributed to the pent-up demand for office and retail space after a long absence of such projects in the area. Businesses are also relocating to Petaling Jaya. There is now a boom of commercial projects in the area.
Meanwhile, Malton has lined up several high-end projects worth a total GDV of RM2.1bil for this year. They include The Grove, Pearl Villas, and Ukay Spring. It has also soft launched the Amaya Saujana (378 units in three blocks) last November. About 70% of the Phase 1 residential suites had been sold while sales had also been “surprisingly strong” for Phase 2.
It will pre-launch the freehold The Grove in SS23, Petaling Jaya next month. It will comprise of 31 bungalows (price from RM3.4mil to RM3.8mil) and four link bungalows (RM3mil). Its target market is a high-income individual above 35 years old and who is looking to upgrade to an exclusive gated community with 24-hour security.
It has also done very well for its Pearl Villas at Section 16, Petaling Jaya where all 42 units of three-storey semi-detached houses have been sold.
“Many of our purchasers are professionals who bought for their children. As there is a scarcity of freehold land in Section 16, people jumped at the opportunity to buy the Pearl Villas houses priced at an average of RM2.6mil,” she said, adding that it would be very costly for people to buy an old bungalow in Section 16, demolish it and rebuild.
The Malton Group (renowned for its three flagship projects, Bukit Rimau, Mutiara Indah and Mutiara Puchong) comprises the Khuan Choo Group, Bukit Rimau Development Sdn Bhd and Domain Group.
In 2002, the three were injected into Gadek Capital Bhd, resulting in its re-listing on the main board of Bursa Malaysia and it assumed its present name Malton Bhd
Labels:
Commercial development,
Freehold,
Leasehold,
Petaling Jaya
Wednesday, May 14, 2008
Another Revise Project in Pudu
Sri Emas and Casa Mutiara are 2 revise project in Pudu near Bukit Bintang area. Just behind Swiss Garden Hotel.
Sri Emas having its facilities on the 4 floor. Where Casa Mutiara having its facilities on the top floor, that is 20 floor, and from the facilities floor, developer fence the floor with glass surrounded from Games room until Gym room. So when you play games, drink a cup of coffee, or sports, you enjoy the KLCC twin tower and KL Tower view at the same time, day and night.
Tuesday, April 22, 2008
Metropolitan Condo Equal To Terrible Condo ... Read this
On Friday, 18 April, posted in a forum, read below,
Recently i have move in to MSQ condo to stay with my uncles for couple months while waiting my unit ready at Sterling Condo. I would like to share with everyone outside on this MSQ. According to my uncle he has been cheated by used to be a very famous developer. He said the so called luxury condo by the pricing more than 320K are crap and cheating people money. I can feel his pain as i am staying for 3 months and i do really pity for those people had bought the unit over there. These are the problem ; 1) Security guards sleeping and can't speak english 2) No proper maintenance on the landscaping 3) CCTV not working 4) stupid parking design 5) NO LOBBY for resident to enter ( THIS is so shameful) 6) NON Stop break IN (wondering what is the cctv and security guard for) 7) Expensive maintenance fee ( 20cent per square feet) Water charges (10X time expensive then normal landed house) 9) No proper water filtering. The water is so dirty and dangerous bacteria found 10) Asbestos issue 11) Non stop fire alarms drill 12) Lifts - Oh my GOD. Non stop breaking down 13) ETC 14) Management Company TOTALLY SUCKS - i followed my uncle to make a complain...i tell u i feel to slap at their face. I feel pity to my uncle and those who had bought here. Perhaps this developer dare to promote their new launching in MSQ. I am wondering how many people they wanna kill. Even worse was i followed my uncle to their new form of Joint Management Body. The developer and the MSQ management denied all the negligence. During the meeting i can see all the residents were so angry and shouting to them but they make like nothing. You imagine a place where it should be a fanstactic and fun turn back like a cheap skate stupid condo but paying more than 320K. I think all these should thank to the ever worse developer and management company. I asked my uncle to consider sell off before too late.
Recently i have move in to MSQ condo to stay with my uncles for couple months while waiting my unit ready at Sterling Condo. I would like to share with everyone outside on this MSQ. According to my uncle he has been cheated by used to be a very famous developer. He said the so called luxury condo by the pricing more than 320K are crap and cheating people money. I can feel his pain as i am staying for 3 months and i do really pity for those people had bought the unit over there. These are the problem ; 1) Security guards sleeping and can't speak english 2) No proper maintenance on the landscaping 3) CCTV not working 4) stupid parking design 5) NO LOBBY for resident to enter ( THIS is so shameful) 6) NON Stop break IN (wondering what is the cctv and security guard for) 7) Expensive maintenance fee ( 20cent per square feet) Water charges (10X time expensive then normal landed house) 9) No proper water filtering. The water is so dirty and dangerous bacteria found 10) Asbestos issue 11) Non stop fire alarms drill 12) Lifts - Oh my GOD. Non stop breaking down 13) ETC 14) Management Company TOTALLY SUCKS - i followed my uncle to make a complain...i tell u i feel to slap at their face. I feel pity to my uncle and those who had bought here. Perhaps this developer dare to promote their new launching in MSQ. I am wondering how many people they wanna kill. Even worse was i followed my uncle to their new form of Joint Management Body. The developer and the MSQ management denied all the negligence. During the meeting i can see all the residents were so angry and shouting to them but they make like nothing. You imagine a place where it should be a fanstactic and fun turn back like a cheap skate stupid condo but paying more than 320K. I think all these should thank to the ever worse developer and management company. I asked my uncle to consider sell off before too late.
Bangsar One Menerung
New development in Bangsar Kuala Lumpur, one of the most prestige address in Kuala Lumpur.
Spreading over 8 acres of FREEHOLD land, the development will adopt a lush & wooded theme in a guarded and secured environment.A green lung of 2 acres in a landscaped surrounding will provide its residents with a serene, tranquil and peaceful retreat in the heart of the city’s favourite suburb.
Near Bangsar Shopping Mall and HELP University.
Sunday, April 13, 2008
Feng Shui in my home town Peel Road
Properties from a feng shui perspective: Part 34
In the early days of Kuala Lumpur, Pudu was considered to be one of its boundaries. Jalan Cheras begins at this border and was part of the trunk road to Kajang and further south. (For Google map reference, please log on to http://maps.google.co.uk/ and search for Kuala Lumpur.)
Although some development took place here, as with the northern trunk roads, Jalan Batu and Jalan Ipoh, somehow it did not quite achieve the same heights of success. Many government staff quarters were located here and many remain to this day, around Jalan Cochrane and its vicinity.
For some reason, there is also a heavy concentration of schools here, with no less than seven in the Jalan Peel-Cochrane area! There are SRK Convent Jalan Peel; SMK Convent Jalan Peel; SRJK (T) Cheras; SMK Cochrane; SRK Yaacob Latif; SMK Yaacob Latif and Jalan Peel Special Education Primary School. SMK Cochrane was founded as far back as the year of our nation’s independence! Once sited along Jalan Cochrane, it was moved to the nearby Jalan Shahbandar in 2004.
Carrefour is likely to do better if its main entrance were moved from its present northeast direction to southeast or south, where the apartments are located.
If that is any indication, it shows that this area is old. The Sacred Heart of Jesus Catholic church was established here in 1960. Many of the features of this tiny pocket of Kuala Lumpur remain unchanged despite rapid development surrounding it. It’s like the land forgotten by time. Redevelopment efforts along Jalan Peel have so far yielded only Plaza 393, an integrated apartment and shopping mall, with the hypermarket Carrefour as its anchor tenant; and the Queen’s Park concept retail store next door.
ACTING PEEL
Peel Road was named after Sir William Peel, who was a British colonial administrator in Malaya and later became the governor of Hong Kong. He held many “acting” positions during his service here: acting district officer of Nibong Tebal (1898), Bukit Mertajam (1899) and Province Wellesley (now Seberang Perai) (until 1901); acting second magistrate and coroner of Penang (1905); acting auditor (1908); acting secretary to the Resident of Selangor (1909); and the list goes on.
Sir William became the chief secretary to the government in 1926, where he administered the government, and was High Commissioner for the Malay States. In 1930, he was appointed governor of Hong Kong. Surprisingly, Jalan Peel survived in the street-renaming frenzy that followed independence.
We explained the landform features of this area in our previous article. This area is surrounded by the Ampang River and Pudu’s “tai sui hum” on the north, and Kerayong River down south. These water forms flow in a southwest direction. Therefore, the ideal orientation for buildings here would be southwest. This is the common direction for both rivers and poses the fewest impediments to landform energy. Conversely, if a building faces the opposite direction (northeast), its occupants may go through a doubly difficult time.
DOWNSTREAM DIRECTION
According to feng shui text and even tajul muluk, buildings should follow the flow of rivers (facing downstream direction). It is like casting a fishing trap in the river: if it faces downstream it will catch fish swimming upstream with the rising tide; if it faces upstream, it is more likely to trap detritus and rubbish that float from upstream.
Simply put, homes or offices that face upstream are likely to collect mental rubbish. The occupants may experience mental problems, a constant sense of unease and may have trouble making good judgements. Jalan Peel follows a roughly northwest-southeast direction, which is nearly perpendicular to the rivers. Thus, properties on one side of the road face downstream (good) and those on the other side face upstream (not so good). Based on this observation, Carrefour is likely to do better if its main entrance were moved from its present northeast direction to southeast or south, where the apartments are located.
Queen’s Park located next door along Jalan Peel would also be likely to do better if it follows the flow of the river. In any case, individual outlets within the complex would also fare differently based on where their entrances are located.
ST JOHN AMBULANCE
Across the road behind the Shell petrol station, is the headquarters of St John Ambulance on Jalan Shelley. The St John Ambulance Association was established in Kuala Lumpur in 1908 by British civil servants and British army medical officers stationed here. It later became the St John Ambulance Brigade in 1938. Over the next two years, the British Administrations in each Malay state set up St John Ambulance Brigade divisions in schools, government establishments and the railways.
The association and brigade were merged in 1971 and St John Ambulance Malaysia was formed. It provides first aid and home nursing training, first aid services at sports events, festivals, parades and other functions. It also provides community services such as haemodialysis centres, ambulance services and home nursing care for the underprivileged.
The main entrance of the headquarters faces southwest, which is very ideal and may be a factor to its lasting success as a charitable organisation. However, it could do better if the building’s energy is reignited as energy tends to deplete over time in a cyclical pattern.
In other streets in this area, we can see the side that faces southwest seems to fare better than the northeast. The occupants of the former appear to prosper and spruce up their homes more than their neighbours across the road.
HOME IMPROVEMENT
Sure, we will still find the occasional home or two on the “unconducive” side looking better with extensions and renovations. This could be because they are new occupants who just bought the property and making a new start. The current occupant could have decided to have a makeover to improve his comfort or try and fetch a higher resale price. Or it could be someone trying to implement some geomantic remedies.
We are hesitant to say if such cures are valid or whether the advice comes from credible feng shui practitioners. Too many people today are jumping on the feng shui bandwagon ever since it was popularised by some books. Some are amateurs who operate with very superficial knowledge of the principles at work. They are the biggest dangers to themselves: their efforts at mitigation may create unmitigated disasters. Some pass themselves off as practitioners based on what little they learned. Geomancy can be a very lucrative practice and unregulated.
If I had my druthers, I would like to have feng shui practitioners certified by an independent geomancy regulatory body, so that their level of knowledge, competence and experience meet minimum acceptable standards.
During this period of accreditation, they should be made to offer their services for free: if they are sincere and good at this, they will be rewarded at a later time. In the meantime, they should have regular jobs. What a breakthrough this would be for the world of geomancy! It would gain respectability and credibility, and put the charlatans out of business.
Anyway, back to our tour, we would suggest that the many schools here consider the orientation of their main entrances. They should not face northeast as a school would fail in its mission if it produces idiots!
KERAYONG RIVER
The next best orientation for this area is southeast toward the Kerayong River. Since this is the nearest river, its impact on the vicinity would be greater. Nonetheless, by facing Kerayong, the buildings will have their backs turned to Ampang River. This normally means occupants of buildings here may experience mixed fortunes. There will be good times, interspersed with bad. Sounds like life, or at least what passes for a mediocre life, I suppose.
The only buildings that are immune to less-than-ideal landform feng shui would be houses of worship, such as churches, temples and mosques. These places do not require beneficial energy nor do they fear bad ones because God is the Almighty and creator of all things. Nature bends to His will and not the other way round. So, even if a house of worship enjoys divine favour and continues to do well, it does not mean its immediate neighbours would do well, especially if its orientation is not ideal.
The Cheras District Police headquarters is located at the intersection of Jalan Peel and Jalan Cheras. It has a roughly southwest facing direction. That is quite a good direction.
As we proceed down Jalan Cheras, we come across Taman Maluri, most notable by its landmark, Jusco Maluri. This is a bustling complex that does fairly good business. This part of town is very near the Kerayong River, which runs between Taman Maluri and Taman Shamelin Perkasa.
HIGH TENSION
The Jusco building has two main entrances: one follows the river flow and the other faces the river. This could be a strong factor in favour of its continued success thus far. The only downsides we can see are the high-tension power cables and LRT line that run along the river.
High-tension cables emit a field of electromagnetism. Their impact on health has been hotly debated for years and the verdict is still out. Some quarters believe that they do cause health problems.
Thankfully, these are quite a distance away and the effects may be lessened somewhat. On the other hand, there could be long-term detrimental effects arising from these. In other words, business could have been better but may hit a barrier; or over time, business may deteriorate. The management should keep a close eye on things and carry out mitigation where necessary.
We will look at more of Taman Maluri next.
This series on feng shui and real estate properties appear courtesy of the Malaysia Institute of Geomancy Sciences (MINGS). You can send in your queries on feng shui and properties via our feedback link at the bottom of the page. David Koh is the founder of MINGS and has been a feng shui master and teacher for the past 35 years.
In the early days of Kuala Lumpur, Pudu was considered to be one of its boundaries. Jalan Cheras begins at this border and was part of the trunk road to Kajang and further south. (For Google map reference, please log on to http://maps.google.co.uk/ and search for Kuala Lumpur.)
Although some development took place here, as with the northern trunk roads, Jalan Batu and Jalan Ipoh, somehow it did not quite achieve the same heights of success. Many government staff quarters were located here and many remain to this day, around Jalan Cochrane and its vicinity.
For some reason, there is also a heavy concentration of schools here, with no less than seven in the Jalan Peel-Cochrane area! There are SRK Convent Jalan Peel; SMK Convent Jalan Peel; SRJK (T) Cheras; SMK Cochrane; SRK Yaacob Latif; SMK Yaacob Latif and Jalan Peel Special Education Primary School. SMK Cochrane was founded as far back as the year of our nation’s independence! Once sited along Jalan Cochrane, it was moved to the nearby Jalan Shahbandar in 2004.
Carrefour is likely to do better if its main entrance were moved from its present northeast direction to southeast or south, where the apartments are located.
If that is any indication, it shows that this area is old. The Sacred Heart of Jesus Catholic church was established here in 1960. Many of the features of this tiny pocket of Kuala Lumpur remain unchanged despite rapid development surrounding it. It’s like the land forgotten by time. Redevelopment efforts along Jalan Peel have so far yielded only Plaza 393, an integrated apartment and shopping mall, with the hypermarket Carrefour as its anchor tenant; and the Queen’s Park concept retail store next door.
ACTING PEEL
Peel Road was named after Sir William Peel, who was a British colonial administrator in Malaya and later became the governor of Hong Kong. He held many “acting” positions during his service here: acting district officer of Nibong Tebal (1898), Bukit Mertajam (1899) and Province Wellesley (now Seberang Perai) (until 1901); acting second magistrate and coroner of Penang (1905); acting auditor (1908); acting secretary to the Resident of Selangor (1909); and the list goes on.
Sir William became the chief secretary to the government in 1926, where he administered the government, and was High Commissioner for the Malay States. In 1930, he was appointed governor of Hong Kong. Surprisingly, Jalan Peel survived in the street-renaming frenzy that followed independence.
We explained the landform features of this area in our previous article. This area is surrounded by the Ampang River and Pudu’s “tai sui hum” on the north, and Kerayong River down south. These water forms flow in a southwest direction. Therefore, the ideal orientation for buildings here would be southwest. This is the common direction for both rivers and poses the fewest impediments to landform energy. Conversely, if a building faces the opposite direction (northeast), its occupants may go through a doubly difficult time.
DOWNSTREAM DIRECTION
According to feng shui text and even tajul muluk, buildings should follow the flow of rivers (facing downstream direction). It is like casting a fishing trap in the river: if it faces downstream it will catch fish swimming upstream with the rising tide; if it faces upstream, it is more likely to trap detritus and rubbish that float from upstream.
Simply put, homes or offices that face upstream are likely to collect mental rubbish. The occupants may experience mental problems, a constant sense of unease and may have trouble making good judgements. Jalan Peel follows a roughly northwest-southeast direction, which is nearly perpendicular to the rivers. Thus, properties on one side of the road face downstream (good) and those on the other side face upstream (not so good). Based on this observation, Carrefour is likely to do better if its main entrance were moved from its present northeast direction to southeast or south, where the apartments are located.
Queen’s Park located next door along Jalan Peel would also be likely to do better if it follows the flow of the river. In any case, individual outlets within the complex would also fare differently based on where their entrances are located.
ST JOHN AMBULANCE
Across the road behind the Shell petrol station, is the headquarters of St John Ambulance on Jalan Shelley. The St John Ambulance Association was established in Kuala Lumpur in 1908 by British civil servants and British army medical officers stationed here. It later became the St John Ambulance Brigade in 1938. Over the next two years, the British Administrations in each Malay state set up St John Ambulance Brigade divisions in schools, government establishments and the railways.
The association and brigade were merged in 1971 and St John Ambulance Malaysia was formed. It provides first aid and home nursing training, first aid services at sports events, festivals, parades and other functions. It also provides community services such as haemodialysis centres, ambulance services and home nursing care for the underprivileged.
The main entrance of the headquarters faces southwest, which is very ideal and may be a factor to its lasting success as a charitable organisation. However, it could do better if the building’s energy is reignited as energy tends to deplete over time in a cyclical pattern.
In other streets in this area, we can see the side that faces southwest seems to fare better than the northeast. The occupants of the former appear to prosper and spruce up their homes more than their neighbours across the road.
HOME IMPROVEMENT
Sure, we will still find the occasional home or two on the “unconducive” side looking better with extensions and renovations. This could be because they are new occupants who just bought the property and making a new start. The current occupant could have decided to have a makeover to improve his comfort or try and fetch a higher resale price. Or it could be someone trying to implement some geomantic remedies.
We are hesitant to say if such cures are valid or whether the advice comes from credible feng shui practitioners. Too many people today are jumping on the feng shui bandwagon ever since it was popularised by some books. Some are amateurs who operate with very superficial knowledge of the principles at work. They are the biggest dangers to themselves: their efforts at mitigation may create unmitigated disasters. Some pass themselves off as practitioners based on what little they learned. Geomancy can be a very lucrative practice and unregulated.
If I had my druthers, I would like to have feng shui practitioners certified by an independent geomancy regulatory body, so that their level of knowledge, competence and experience meet minimum acceptable standards.
During this period of accreditation, they should be made to offer their services for free: if they are sincere and good at this, they will be rewarded at a later time. In the meantime, they should have regular jobs. What a breakthrough this would be for the world of geomancy! It would gain respectability and credibility, and put the charlatans out of business.
Anyway, back to our tour, we would suggest that the many schools here consider the orientation of their main entrances. They should not face northeast as a school would fail in its mission if it produces idiots!
KERAYONG RIVER
The next best orientation for this area is southeast toward the Kerayong River. Since this is the nearest river, its impact on the vicinity would be greater. Nonetheless, by facing Kerayong, the buildings will have their backs turned to Ampang River. This normally means occupants of buildings here may experience mixed fortunes. There will be good times, interspersed with bad. Sounds like life, or at least what passes for a mediocre life, I suppose.
The only buildings that are immune to less-than-ideal landform feng shui would be houses of worship, such as churches, temples and mosques. These places do not require beneficial energy nor do they fear bad ones because God is the Almighty and creator of all things. Nature bends to His will and not the other way round. So, even if a house of worship enjoys divine favour and continues to do well, it does not mean its immediate neighbours would do well, especially if its orientation is not ideal.
The Cheras District Police headquarters is located at the intersection of Jalan Peel and Jalan Cheras. It has a roughly southwest facing direction. That is quite a good direction.
As we proceed down Jalan Cheras, we come across Taman Maluri, most notable by its landmark, Jusco Maluri. This is a bustling complex that does fairly good business. This part of town is very near the Kerayong River, which runs between Taman Maluri and Taman Shamelin Perkasa.
HIGH TENSION
The Jusco building has two main entrances: one follows the river flow and the other faces the river. This could be a strong factor in favour of its continued success thus far. The only downsides we can see are the high-tension power cables and LRT line that run along the river.
High-tension cables emit a field of electromagnetism. Their impact on health has been hotly debated for years and the verdict is still out. Some quarters believe that they do cause health problems.
Thankfully, these are quite a distance away and the effects may be lessened somewhat. On the other hand, there could be long-term detrimental effects arising from these. In other words, business could have been better but may hit a barrier; or over time, business may deteriorate. The management should keep a close eye on things and carry out mitigation where necessary.
We will look at more of Taman Maluri next.
This series on feng shui and real estate properties appear courtesy of the Malaysia Institute of Geomancy Sciences (MINGS). You can send in your queries on feng shui and properties via our feedback link at the bottom of the page. David Koh is the founder of MINGS and has been a feng shui master and teacher for the past 35 years.
Desa Putra Condominium Wangsa Maju
The site is at the gateway location of Kuala Lumpur Sub-urban Centre (KLSC) at Wangsa Maju. It demarcates the entry to KLSC from the main link road (Jalan J-1) connecting Setapak, Wangsa Maju and Ampang. Anchored at this point is Sri Rampai Putra LRT Station, which will eventually be integrated with the another development, for total convenience. Existing conveniences are the established commercial centre and Alpha Angle Shopping Centre to the northwest and shop-office blocks of KLSC Phase 1 to the northeast.Predominant views from the site are towards the southwest and east; these are the KL city and Bukit Melawati respectively. The high vantage point allows spectacular panoramic views across the whole Klang Valley, punctuated by the city and Bukit Melawati. They can be characterized as bustling in the west and reposive in the east.Providing a green backdrop to the scheme is a hill park for public recreation. The hill and greenery is designed to be seemingly rolling into the open area and pool deck of the scheme. This space is demarcated on three other sides by three blocks of residences, each oriented to optimize views. It is the main entry and driveway of the scheme integrating all three blocks into an "urbanized" landscaped plaza or court. All common facilities and amenities are distributed around this plaza at the base of each block, reinforcing the perception of the integration of common use and activities at the plaza.
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Wangsa Maju’s allure -This part of KL has become a sought-after address
HAVING started off with mostly low-and medium-cost flats totaling some 8,360 units since the 1980s, Wangsa Maju has moved on to be a thriving township catering to over 400,000 middle to upper middle-income residents. Real estate consultants familiar with the area say with the Tunku Abdul Rahman College in the area and the good infrastructure and amenities there including major highways, international schools, medical centres, foreign embassies and LRT stations, coupled with the proximity to the city centre, this township has been transformed into a location sought after by the medium- and upper-income folks. About 160 to 200 acres of the township has also been dedicated to greenery. The 1,000-acre leasehold township was developed in the early 1980s, and was identified in the Kuala Lumpur Master Plan 2020 as a key growth area in the northeastern quadrant of Kuala Lumpur. It was jointly developed by Kuala Lumpur City Hall and Peremba Bhd through Landmarks Land and Properties Sdn Bhd (formerly known as PGK Sdn Bhd). Today, the Wangsa Maju area and its neighbouring freehold areas such as Setiawangsa (500 acres), Taman Rampai (200 acres), Desa Setapak (100 acres) and Taman Bunga Raya (200 acres), make up a thriving and bustling area of well over 2,000 acres. According to Landmarks Land and Properties, Wangsa Maju comprises 13 sections. The residential sections are mainly Sections 1, 2, 5, 6, 10 and 12. From the earlier offerings of flats, the developer has moved on to build landed properties and is now focusing on high-rise projects. The commercial portion, Metro Homes Bhd director See Kok Loong says, was mainly located in Pusat Bandar Wangsa Maju in Sections 1 and 5. “The residents mostly shop in Jusco Alpha Angle [Section 1] and Carrefour [Section 5]. There are also shopoffices in this area. However, the commercial activities are now centralised in a main hub called Kuala Lumpur Suburban Centre [KLSC],” See adds. Developed by Landmarks Land and Properties, KLSC is on a 128-acre tract next to Section 5. Its general manager Tan Ching Meng says two-thirds of KLSC has been zoned for commercial use. It currently houses the four-level Carrefour hypermarket (some 10 acres), a Projet petrol kiosk and various food and beverage outlets such as Victoria Station, NZ Curry House, KFC and Pizza Hut. About 40 acres have been allocated for a landscaped green lung called Metropolitan Park. Another two smaller landscaped gardens measuring 2.5 and 1.7 acres add to the lush environment. “KLSC comprises mainly shopoffices and is divided into three sections. KLSC 1 is developed by Landmarks Land and Properties while KLSC II was sold to Hedgeford Sdn Bhd in 2004. KLSC III is developed through a joint venture between Landmarks Land and Properties and Hedgeford. Jewel in the crown “KLSC is our jewel in the crown and is only 6.5 km away from the city. It is easily accessible through various highways such as the Middle Ring Road II, the Ampang Elevated Highway and the soon-to-be completed Damansara Ulu Kelang Expressway [in 2008],” adds Tan. At KLSC I, there are 92 units of 3- and 5-storey shopoffices on an eight-acre tract which were built before 1997 and were sold en-bloc for over RM1 million. When these were completed, a 3-storey unit changed hands for RM1.35 million. A similar unit was transacted in 2003 at RM1.15 million. This, says Pan Properties principal Brian Tan, is attributed to the lack of parking space there. “The situation is worsened by the narrow internal roads. It’s common to find motorists double parking and it deters businesses from taking up space here,” he explains. At KLSC II (1.5 acres), Hedgeford has built 12 units of 3-storey shopoffices, which were going for over RM900,000. According to Brian, none has been sold on the secondary market so far. “Offices make up most of the tenants here and occupancy is high. Rental en-bloc is easily RM7,500 while ground floor units are between RM4,000 and RM4,500,” he offers. KLSC III comprises 56 units of 3-storey shopoffices that were were sold for over RM1 million. Launched in 2005, it has a take-up of 70% and will be completed this year. In 1984, Landmarks Land and Properties offered 525 sq ft low-cost flats in Sections 1 and 10 at RM25,000. A year later, medium-cost flats with a built-up between 527 and 682 sq ft were sold for between RM37,000 and RM64,000. In 1988, Landmarks offered 110 apartments with builtups of between 850 and 1,000 sq ft from RM79,000. The following year, the developer began offering landed properties such as terraced homes, townhouses, superlinks and semidees in Sections 4, 5 and 6. Metro Homes’ See adds that the supply of properties is also increasing in tandem with the population base. “Landmarks Land and Properties is beginning to focus on condo developments such as the 436-unit Desa Putra and 94-unit Desa Villa [which also offers low-rise villas]. The rising supply is supported by the demand, mostly spillovers from the city centre,” See offers. The new offerings At KLSC, Landmarks Land and Properties is developing the Wangsa Link serviced shopoffices which will be completed by mid-2007. Launched in August 2004, it comprises 300 units in 73 blocks. With a gross development value of RM108 million, prices of the stratified units start from RM225,000. To date, over 90% have been sold. It has also started the groundwork on a 11-acre shopping hub at KLSC. Dubbed Wangsa Walk, the 2-level shopping mall offers some 200,000 sq ft of retail space and 90 units for lease. With a gross development cost of RM30 million, it will be completed next year. According to Tan, there are still some 35 acres left for development at KLSC. “This is our last parcel left and in the pipeline are high-rise corporate suites and SoHo [Small Office Home Office] space on two acres planned for launch next year,” offers Tan. The developer is not in a hurry to roll out their plans. Wangsa Maju will take another six to eight years to be fully developed and will have a gross development value of some RM3.4 billion. On the residential front, Tan adds it has also embarked on several joint ventures to develop high-end properties. “Together with IJM Properties Sdn Bhd, we are developing a three-phase high-rise Riana Green east.KL. Phase 1 was launched last year and sales have reached 20%,” he offers. Sited on a 14-acre tract, Riana Green east.KL is atop a hill and has a total gross development value of RM388 million, and is scheduled to be completed in 2012. The first phase, Sagaris, takes up five acres and has a 36-storey tower, two mid-rise towers and a central plaza block. With 391 condos and average built-up of 1,900 sq ft, prices are between RM200,000 and RM1.05 million. It is scheduled for completion in 2009. The remaining two phases will see more high-rise condominiums as well as low-rise villas. Riana Green east.KL will feature a total of 954 units and a 5-acre green zone linear park will run through the entire development. Some 130 acres in Seksyen 12 has been allocated to jointly develop an exclusive resort-style RM1 billion gated bungalow project with Tan & Tan Development Bhd.
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Wangsa Maju developed by Landmarks Berhad
Developer Landmarks Bhd, aims for its township Wangsa Maju, being built by its wholly owned subsidiary Landmarks Land & Properties (LLP) Sdn Bhd, to compete with Bangsar and Sri Hartamas to be “the soul of the city” of Kuala Lumpur.This is set to happen when it completes the remaining development ventures valued at RM2.1 billion and sited on 249 acres by the year 2010. Once that happens, Wangsa Maju can become the most happening location in the country as a result of the revision of its masterplan to usher in high-end modern suburban living.“Wangsa Maju has been gazetted as one of the strategic development zones under the Kuala Lumpur Structure Plan 2020,” said LLP general manager Tan Ching Meng. “It also forms part of the Kuala Lumpur Metropolitan Region (KLMR), which comprises strategic growth areas to be developed into commercial hubs.
Therefore, one can envision Wangsa Maju to become an important suburban business centre as it is only 6km away from KL city centre. Given this proximity, our new tagline for Wangsa Maju is now ‘KL’s suburban centre’, or KLSC in short.”
At the heart of this new focus is Wangsa Link, new town centre which will lift the currently staid image of the 1,000-acre township with a total Gross Development Value estimated at RM3.4 billion. Currently already an ideal location for businesses as their workers need not endure the massive traffic jams common in the city centre, Tan said “Wangsa Maju has been popular because of its good infrastructure and easy accessibility”. “That’s why demand for residential properties here has always been high and is a hotbed for the expanding middle class that seeks quality designs and value-for-money homes in a mature, safe and secure neighbourhood.” Wangsa Link will capitalise on these factors, but it is the drive for more upmarket and sophisticated properties that will “catapult the township to the forefront of the nation as a model for other developers to emulate”.The vision is to provide a blend of quality and modern office suites for businesses; medium to high-end residential properties for families; and a mix of retail and entertainment outlets for the lifestyle needs of the residents and business community. Residential propertiesOne of the ongoing residential developments is Desa Putra, comprising three blocks of 20-storey condominiums. Its 436 units of 1,246sq ft to 1,340sq ft are priced between RM250,000 and RM280,000 and offer views of the city skyline and the lush greenery of the Titiwangsa Range.“One of its major plus factors is its proximity of the Putra LRT’s Sri Rampai station,” said Tan. “Up to now, 75 per cent of the units have been sold and we expect all to be taken by the middle of next year. “So far, 80 per cent of the buyers are people from the Klang Valley, 10 per cent from the other States and the remaining 10 per cent, foreigners.”Another project is Desa Andaman, consisting of 132 units of two-and-a-half-storey terraced houses, where no more than 10 units are linked. The houses, priced from RM350,000, and featuring a north-south orientation as well as two-car garages, have proven to be popular, with all sold.Another project containing 94 units that has also been sold out is Desa Villas, developed on a joint-venture with Singapore-based MCL Land. Priced between RM250,000 and RM600,000, it is a low-density villa and condo development.Going upmarketOther joint venture projects in the pipeline include a high-end condominium in collaboration with IJM Properties Sdn Bhd and a hillside gated residential development with Tan & Tan Development Bhd.Tan explained that LLP has traditionally been developing affordable houses but through its new joint venture alliances to develop high-end properties, it intends to reposition itself in the upscale market for commercial and residential property development.Having already obtained ISO 9001 certification, it now aims to achieve customer satisfaction with a twin-pronged strategy of providing quality products and excellent customer service.“It’s an opportunity for us to leverage on strong brand names and expertise to fast-track our developments in prime areas of Wangsa Maju to improve our bottom line,’ he said. “And with MCL as a big stakeholder in the company, more good news is in store for residents of Wangsa Maju.” Built for a purpose While the promise of better times ahead would most certainly be welcome, it would only add to the residents’ contentment of what has already been provided. These include the ease of accessibility by both road and rail, green lungs as well as commercial conveniences. In terms of access, rail connection is via two LRT stations, while by road, it takes the form of the Middle Ring Road II, a free-flow expressway connecting the area to the south and north of KL; the Ampang Elevated Highway; and the soon-to-be-built KL North Eastern Expressway, also called the Damansara-Ulu Klang Expressway or “Duke”.LLP has also allocated some 40 acres of land to build a green lung called Metropolitan Park, which will be landscaped while amenities and facilities include the Carrefour and Giant hypermarkets; a Jaya Jusco superstore; drive-in fast food outlets, dine-in restaurants and a 24-hour petrol station.“The Wangsa Maju catchment zone comprises areas up to the KL boundary at Batu Caves, Gombak, Melawati and Ampang in the north; the KL-Karak Highway in the west and Jalan Tun Razak,” Tan pointed out.By 2020, he said the population of the Wangsa Maju to Maluri area under the KL draft Structure Plan will reach around 450,000 while the employment in the area will grow to 174,400 persons. “The strong population growth and increased affluence will result in greater demand for quality offices and houses, as well as medium- to high-end retail outlets,” Tan said.“With the infrastructure in place, and a strong and ready population base from the middle- to upper-income bracket, we are confident our commercial and retail projects will take off and KLSC will become the preferred township for many."
Therefore, one can envision Wangsa Maju to become an important suburban business centre as it is only 6km away from KL city centre. Given this proximity, our new tagline for Wangsa Maju is now ‘KL’s suburban centre’, or KLSC in short.”
At the heart of this new focus is Wangsa Link, new town centre which will lift the currently staid image of the 1,000-acre township with a total Gross Development Value estimated at RM3.4 billion. Currently already an ideal location for businesses as their workers need not endure the massive traffic jams common in the city centre, Tan said “Wangsa Maju has been popular because of its good infrastructure and easy accessibility”. “That’s why demand for residential properties here has always been high and is a hotbed for the expanding middle class that seeks quality designs and value-for-money homes in a mature, safe and secure neighbourhood.” Wangsa Link will capitalise on these factors, but it is the drive for more upmarket and sophisticated properties that will “catapult the township to the forefront of the nation as a model for other developers to emulate”.The vision is to provide a blend of quality and modern office suites for businesses; medium to high-end residential properties for families; and a mix of retail and entertainment outlets for the lifestyle needs of the residents and business community. Residential propertiesOne of the ongoing residential developments is Desa Putra, comprising three blocks of 20-storey condominiums. Its 436 units of 1,246sq ft to 1,340sq ft are priced between RM250,000 and RM280,000 and offer views of the city skyline and the lush greenery of the Titiwangsa Range.“One of its major plus factors is its proximity of the Putra LRT’s Sri Rampai station,” said Tan. “Up to now, 75 per cent of the units have been sold and we expect all to be taken by the middle of next year. “So far, 80 per cent of the buyers are people from the Klang Valley, 10 per cent from the other States and the remaining 10 per cent, foreigners.”Another project is Desa Andaman, consisting of 132 units of two-and-a-half-storey terraced houses, where no more than 10 units are linked. The houses, priced from RM350,000, and featuring a north-south orientation as well as two-car garages, have proven to be popular, with all sold.Another project containing 94 units that has also been sold out is Desa Villas, developed on a joint-venture with Singapore-based MCL Land. Priced between RM250,000 and RM600,000, it is a low-density villa and condo development.Going upmarketOther joint venture projects in the pipeline include a high-end condominium in collaboration with IJM Properties Sdn Bhd and a hillside gated residential development with Tan & Tan Development Bhd.Tan explained that LLP has traditionally been developing affordable houses but through its new joint venture alliances to develop high-end properties, it intends to reposition itself in the upscale market for commercial and residential property development.Having already obtained ISO 9001 certification, it now aims to achieve customer satisfaction with a twin-pronged strategy of providing quality products and excellent customer service.“It’s an opportunity for us to leverage on strong brand names and expertise to fast-track our developments in prime areas of Wangsa Maju to improve our bottom line,’ he said. “And with MCL as a big stakeholder in the company, more good news is in store for residents of Wangsa Maju.” Built for a purpose While the promise of better times ahead would most certainly be welcome, it would only add to the residents’ contentment of what has already been provided. These include the ease of accessibility by both road and rail, green lungs as well as commercial conveniences. In terms of access, rail connection is via two LRT stations, while by road, it takes the form of the Middle Ring Road II, a free-flow expressway connecting the area to the south and north of KL; the Ampang Elevated Highway; and the soon-to-be-built KL North Eastern Expressway, also called the Damansara-Ulu Klang Expressway or “Duke”.LLP has also allocated some 40 acres of land to build a green lung called Metropolitan Park, which will be landscaped while amenities and facilities include the Carrefour and Giant hypermarkets; a Jaya Jusco superstore; drive-in fast food outlets, dine-in restaurants and a 24-hour petrol station.“The Wangsa Maju catchment zone comprises areas up to the KL boundary at Batu Caves, Gombak, Melawati and Ampang in the north; the KL-Karak Highway in the west and Jalan Tun Razak,” Tan pointed out.By 2020, he said the population of the Wangsa Maju to Maluri area under the KL draft Structure Plan will reach around 450,000 while the employment in the area will grow to 174,400 persons. “The strong population growth and increased affluence will result in greater demand for quality offices and houses, as well as medium- to high-end retail outlets,” Tan said.“With the infrastructure in place, and a strong and ready population base from the middle- to upper-income bracket, we are confident our commercial and retail projects will take off and KLSC will become the preferred township for many."
Riana Green East Kuala Lumpur Wangsa Maju
KUALA LUMPUR: Elegan Pesona Sdn Bhd, the developer of Riana Green east.KL in Wangsa Maju, is banking on the successful landscaping concept of Tropicana's Riana Green. The Riana Green development, which was launched in 1993 in Petaling Jaya, was undertaken by IJM and a major selling point was the landscaping features.Elegan Pesona is a joint venture company owned by IJM Properties Sdn Bhd, a subsidiary of IJM Corp Bhd, and Landmarks Land & Properties Sdn Bhd, a subsidiary of Landmarks Bhd and landowner of the site.Riana Green east.KL, located off Jalan Jelatek and 6.5km from KLCC, is a leasehold 13.96-acre development comprising three phases of condominiums. It has a gross development value of RM380 million and is nestled on a hill 400 ft above sea level.Sagaris, the first phase, is scheduled for completion in 2009 and is the largest phase in the development comprising a 36-storey tower, two mid-rise blocks of 10 and 11 storeys, and a central plaza block. When fully completed in 2012, the entire development will have a total of 954 units.The first phase offers condominium units with built-ups ranging from 979 to 4,500 sq ft (for a duplex) with 16 layouts to choose from. While prices have not been firmed, the units are expected to go for between RM199,000 and RM1.05 million, plus a service charge and sinking fund of 21 sen psf."The landscaping and designs found in Riana Green east.KL is typical of an IJM development... we stress on the landscaping, which is based on our Riana Green in Tropicana," says IJM Properties managing director Teh Kean Ming.He was speaking at a media briefing for Riana Green east.KL, whose first phase is scheduled for an early August launch.Among the landscaping features, he says, is a 5-acre green zone or linear park that will run through the entire development. "We want to stress the ambience of the place. There is a canopy walk through the entire development and a conservatory for meditation," he adds.Teh expects good response to the launch based on the 800 people who have registered their interest since the show unit was opened. "We have an entire range of layouts to cater to different people and our average built up of 1,900 sq ft will appeal to those with larger families who want to upgrade," he says.Each phase will have its own facilities and management corporation, which is different from Riana Green in Tropicana, where there is one management corporation for the entire development.The second and third phases will be similar to the first phase and depending on the market and cost, will be priced higher.
"Only a fifth of this 5.6ha site is built-up. The major part of the development will be focused on a small area, minimising cutting into the hill and preserving the natural terrain with trees," he said.Phase One of the development will see 391 units in 16 variants with sizes ranging from 979 sq ft for a 1+1 bedroom to 4,300 sq ft duplex. The average selling price ranges from RM199,000 to RM1.05 million.Attractive features in the project include 2.5m high doors and window frontage, 3m clear ceiling height and a unique open-air shower which enables a resident to retreat into the peaceful surrounding of privacy, he added.Amenities available at Riana Green east.KL project include a playground, wading and bubbler pools, sauna, tennis court, squash court, meditation pavillion, kindergarden, laundrette and multi-purpose halls.
This one is the floor plan of the Type B apartment ... quite large - 1865sq ft, and a very modern and open plan design.
Labels:
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Condominium,
Kuala Lumpur,
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Setapak,
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Saturday, April 12, 2008
Looking For A Place To Start Business
Kuchai Exchange, a new shop office development, construction is in progress now.
Let's go and choose one or more units now. Who's know, may be your tenant will be one of the major Malaysia banks
call my contact phone number for appointment : 012-7887701
or visit http://www.myshop.com.my/ for other property details.
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Old Klang road,
Shop
Seri Raja Chulan Condominium
Have you been there before ?
This unit that introduce here is on the 2nd Floor, facing Bukit Bintang plaza. 2+1 bedrooms, 2 bathroom, 1 utility room. fully furnished. large kitchen and living hall. fully air condition. Walking distant to Bukit Bintang street and Aloe street, if you like to do a bit of walking, you can even reach KLCC Petronas twin tower by 2 leg. Monorail train station also in the walking distant, with Monorail train station one direction you can reach KL Sentral, the KLIA transport hub in the city, the other direction you can reach Titiwangsa.
You can enjoy swimming pool and Gymnasium in the condo itself.
call my contact number 012-7887701 for an appointment. or visit http://www.myshop.com.my/ for more details.
This unit that introduce here is on the 2nd Floor, facing Bukit Bintang plaza. 2+1 bedrooms, 2 bathroom, 1 utility room. fully furnished. large kitchen and living hall. fully air condition. Walking distant to Bukit Bintang street and Aloe street, if you like to do a bit of walking, you can even reach KLCC Petronas twin tower by 2 leg. Monorail train station also in the walking distant, with Monorail train station one direction you can reach KL Sentral, the KLIA transport hub in the city, the other direction you can reach Titiwangsa.
You can enjoy swimming pool and Gymnasium in the condo itself.
call my contact number 012-7887701 for an appointment. or visit http://www.myshop.com.my/ for more details.
Labels:
bukit bintang,
Condominium,
KL City,
KLCC,
Kuala Lumpur
Friday, April 11, 2008
Subang Andaman, Shah Alam
Wednesday, March 26, 2008
Luxury Properties Show 2008 Kuala Lumpur
forget about the word " coming soon ... " it is over ...
From 21 Mar to 23 Mar 2008 at KLCC Convention Centre.
Sorry to posted too late after the show had finished.
here are the link to get more about what had happened.
After visited the show found 1 thing. Those who put up for " show " in the show for their properties are those properties which is moving slow.
The most expensive address in Kuala Lumpur " KLCC " , non of them take part in this event.
Name a few, Stonor Suria, One KL, K Residence, Meritz, Troika, Idaman, Park Seven, Four Season Place ... and , if miss out something here, please help to point out, thanks.
Ara Damansara Business Centre
This is 3 storey shop office at Dataran Ara Damansara, still have many vacant shop offices waiting for grab, however, it is only for sub-sale.
Chinese are still the leader in setting up businesses, like seafood restaurant, tayar shop, hardware shop, education, kopitiam.
Road access is very important for a good location to do business. Can see that why some of the corner lot shop office are still vacant, but the others already crowed with customers.
Photo Gallery for N Z X Commercial Centre 3 storey Shop Office ... only TIME can tell us will it be another Subang Jaya or USJ Taipan !
Labels:
Damansara,
Freehold,
Saujana,
Selangor,
Shop,
Sime Property,
Subang,
Taipan Damansara
NZX Commercial Centre
Photo Gallery
The N Z X commercial centre is now open. Shop lot is pending to open for business, as few of the shops are under heavy renovation. Small retail business like pasar malam are fully open and no more vacant, all are fully taken and open for business, as they do not need to do any heavy renovation. However, majority are dominate by single race, that is Chinese ... and with Walkie-Talkie carry around !
Labels:
Ara Damansara,
Damansara,
Saujana,
Selangor,
Shop,
Sime Property,
Subang,
Taipan Damansara
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