So few people are aware that when you knock-off from this world, basically all your assets will be frozen which includes the join account you have with your spouse, parents, siblings and any other persons concerned.
The fastest to get it unfrozen is two (2) years in the case of leave without a WILL! Imagine the misery your love ones have to go through after you died. No only they have to mourn over your departure, they have to sort out the last minutes expenses (your hospital bills, burials, etc), daily living expenses run like usual. Now that you are no more around, you don't need to worry but being a responsible adult who love your family, you would not want to put them through this torturing cycle of events, do you?
To find out more, contact us!
E-mail : infinitywealth.carmen@gmail.com
Mobile No : 6012-233 8525
Tuesday, August 28, 2007
Sunday, August 12, 2007
Will - What Is It & Its Complications
A Will is a legal declaration of a person's wishes as to the disposition of his or her property or estate after death, usually written and signed by the testator and attested by witnesses.
Monday, June 18, 2007
Corporate News
Media Highlights :-
Maxis to de-list on June 25th, 2007
PLUS aim to raise RM3 Bil vis Bonds
F&N's target 10% sales up from new plant in China
Proton & VW's talk coming closer to a conclusion
Ranhil struck oils in Java
Maxis to de-list on June 25th, 2007
PLUS aim to raise RM3 Bil vis Bonds
F&N's target 10% sales up from new plant in China
Proton & VW's talk coming closer to a conclusion
Ranhil struck oils in Java
Wednesday, June 6, 2007
KL Angkasa Impian 2
Located at the heart of Golden Triangle, just take a walk of 5 minutes before you reach Bintang walk area, Lot 10, Sg Wang and the rest.
Only consist of two blocks with tight security and good ambience of pool area.
The yield have been consistently above 8% p.a.
To read more click HERE
Boulevard
10 Boulevard
RM120mil shop-office development; consist of four blocks of six- to seven-strata stories.
News from various media:-
(1) MalayMail
Boulevard attracts foreign investors
Sprawled on 1,096,410 sq ft, the project, 10 Boulevard, will have modern office suites and retail outlets to cater to the affluent neighbourhoods of Petaling Jaya, Damansara Utama, Damansara Jaya and Bandar Utama.
It will comprise four blocks of six and seven strata storeys, with 59 units en-block ranging from 1,378 to 3.824 sq ft per unit.
Project developer, Newlake said 10 Boulevard is strategically located and accessible via a network of highways, it fronts the Sprint Highway and is five minutes drive from the North Klang Valley Expressway, 15 minutes from the Penchala Link and 20 from the Federal Highway and Kerinchi Link.
The project, which began in February, is expected to be completed by 2009.
Newlake has two successful projects in Britain — the Devonshire House and Cavendish House in North Finchley, London.
It was officially launched by Women, Family and Community Development Ministry Deputy Minister Datuk G. Palanivel at the Mandarin Oriental Hotel yesterday.
Also present was Bukit Lanjan State assemblyman Yong Dai Ying.
Calling 10 Boulevard its ‘signature project’, Newlake managing director Datuk Azizi Yom Ahmad said the project has attracted enquiries from investors abroad.
“It is a well-planned and well-designed luxurious development with 24-hour security, vast landscaping and uncompromising quality and building standards,” he said.
“10 Boulevard, with its modern contemporary treatment is expected to change the face of Kayu Ara Damansara,” he said.
(2) iproperty.com.my
The backwater reputation that has often been associated with the Kayu Ara area is about to transform - into one of a lively and bustling commercial centre with the presence of 10 Boulevard.
Located in a prime area that is a mere stone throw's from the affluent neighbourhoods of Petaling Jaya, Damansara Utama, Damansara Jaya and Bandar Utama, Newlake Development Sdn Bhd's maiden commercial project has already achieved a 50% take up rate in just one month, said its executive chairman Datuk Azizi Yom Ahmad at 10 Boulevard’s official launch today.
The RM182.4 million commercial hub will boast a total development area of 1,096,410sq ft and will consist of four blocks of six and seven strata stories, 59 units enbloc with built-up sizes ranging from 1,378sq ft to 3,824sq ft.
RM120mil shop-office development; consist of four blocks of six- to seven-strata stories.
News from various media:-
(1) MalayMail
Boulevard attracts foreign investors
| KAYU ARA Damansara will play host to a new RM182.4 million development project. |
It will comprise four blocks of six and seven strata storeys, with 59 units en-block ranging from 1,378 to 3.824 sq ft per unit.
Project developer, Newlake said 10 Boulevard is strategically located and accessible via a network of highways, it fronts the Sprint Highway and is five minutes drive from the North Klang Valley Expressway, 15 minutes from the Penchala Link and 20 from the Federal Highway and Kerinchi Link.
The project, which began in February, is expected to be completed by 2009.
Newlake has two successful projects in Britain — the Devonshire House and Cavendish House in North Finchley, London.
It was officially launched by Women, Family and Community Development Ministry Deputy Minister Datuk G. Palanivel at the Mandarin Oriental Hotel yesterday.
Also present was Bukit Lanjan State assemblyman Yong Dai Ying.
Calling 10 Boulevard its ‘signature project’, Newlake managing director Datuk Azizi Yom Ahmad said the project has attracted enquiries from investors abroad.
“It is a well-planned and well-designed luxurious development with 24-hour security, vast landscaping and uncompromising quality and building standards,” he said.
“10 Boulevard, with its modern contemporary treatment is expected to change the face of Kayu Ara Damansara,” he said.
(2) iproperty.com.my
The backwater reputation that has often been associated with the Kayu Ara area is about to transform - into one of a lively and bustling commercial centre with the presence of 10 Boulevard.
Located in a prime area that is a mere stone throw's from the affluent neighbourhoods of Petaling Jaya, Damansara Utama, Damansara Jaya and Bandar Utama, Newlake Development Sdn Bhd's maiden commercial project has already achieved a 50% take up rate in just one month, said its executive chairman Datuk Azizi Yom Ahmad at 10 Boulevard’s official launch today.
The RM182.4 million commercial hub will boast a total development area of 1,096,410sq ft and will consist of four blocks of six and seven strata stories, 59 units enbloc with built-up sizes ranging from 1,378sq ft to 3,824sq ft.
Phase 1 - Bougainvillea and Dhalia - will comprise 29 units enbloc, while phase 2 - Allamanda and Camilia - will include 30 units enbloc is expected to be launched soon.
The commercial centre is retailing at RM670psft for the ground floors and will start from RM250psf for the upper floors, compared to other similar properties in the area which are going from between RM750psf and upwards of RM280psf for upper floors.
10 Boulevard directly fronts the Sprint Highway and its double-frontage advantage is set to allow high visibility from the heavily utilized highway. The development is also a mere five minutes from the North Klang Valley Expressway, 15 minutes from the Penchala Link and only 20 minutes from the Federal Highway and Kerinchi Link.
“I am confident that 10 Boulevard will meet the demand for high quality functional office space due to the key strengths o the development uh as good accessibility and visibility, as well as exceptional connectivity within the large catchment area of Petaling Jaya,” said Azizi.
Construction on 10 Boulevard has commenced in February and is expected to be completed by the end of 2009.
Newlake Development has a landbank of 3 to 5 acres in the Klang Valley and will soon launch a niche gated-and-guarded residential project at years-end. The project will consist of 50 to 60 superlink units in Selayang with a gross development value of RM12 million.Thursday, May 17, 2007
House Buyers Association
Ever wonder whether you as the new proud owner of a house, belongs to any association? Association is so much like combine energy and power for anyone to get things done.
I have come across a site which details all the available association and if you need to double check on the latest, please liase directly with the owner of the site.
Their Contact details :-
House Buyers Association (HBA)
31, Level 3, Jalan Barat, Off Jalan Imbi, 55100 KL
Tel : 03-21422225 Fax : 03-2260 1803
Here comes the list of Associations:-
I have come across a site which details all the available association and if you need to double check on the latest, please liase directly with the owner of the site.
Their Contact details :-
House Buyers Association (HBA)
31, Level 3, Jalan Barat, Off Jalan Imbi, 55100 KL
Tel : 03-21422225 Fax : 03-2260 1803
Here comes the list of Associations:-
| A' Famosa Resort House Owners' Association AFamosa_houseowner-owner@yahoogroups.com | |
| AMBER COURT, GENTING | |
| ARA DAMANSARA COMMUNITY http://www.aradamansara.com/ | |
| Arden Bronte' Residents' Association: secretary, Raymond Beh | |
| Armanee Terrace Owner & Resident Association Association http://armaneeterrace.com/ | |
| Ascot Hill (Shah Alam) Resident Association http://www.ascothill.com/ | |
| AWANA PURI CONDO OWNERS SOCIETY | |
| BABA NYONYA RESORT, MELAKA | |
| BANDAR ALAM PERDANA, SHAH ALAM | |
| Bandar Baru Sentul Phase 8 and 9 Residents Association: committee member, Sheikh Mohd Arshad Sheikh Mohd Munir | |
| Bandar Botanic Residents Association Phase SA: ad hoc committee chairman, Tan Kim Hai | |
| Bandar Country Homes Residents Association (BCHRA): secretary, Peter Chong | |
| Bandar Kinrara Section 5B residents association: chairman, Ang Sae Ming | |
| Bandar Kinrara 4C/7 residents association: chairman, Calvin Saw | |
| BANDAR MAKHOTA CHERAS | |
| BANDAR PINGGIRAN SUBANG PHASE 1 & 3 | |
| Bandar Puchong Jaya Tempua Zone Residents Association: deputy chairman, Dr Quek Keng Hong | |
| Bandar Puteri 8 Residents Association: chairman, Jeswant Singh | |
| BANDAR SENTUL UTAMA | |
| Bandar Sri Damansara Residents Association (BSDRA): pRESIDENT, CHIN CHOONG NAM | |
| BANDAR SUNGAI BUAYA | |
| Bandar Sunway Residents Association (BSRA): president, Manivasagam Ramasamy http://www.ppbss.org/ | |
| Bandar Tasik Puteri Residents Association | |
| Bandar Utama Residents Association http://www.bura.org.my/cms/ | |
| Bangi Perdana Residents Association: president, Datuk Mohd Zaidi Mohd Zain | |
| Bandar Bayan Baru (RABB Residents Association http://www.bayanbaru.com.my/ | |
| Berjaya Park Residents Association: Chairman, Mat Radzi bin Said | |
| Bukit Bandaraya Residents Association: chairman, Zahiah Sulong | |
| Bukit Jelutong Residents Association www.bjra.com.my | |
| Bukit Kiara Residents Association | |
| Bukit Mas residents association: head, Datuk Mohd Rosli Aziz | |
| BUKIT OUG CONDOMINIUM Residents' Association (BOCRA) http://www.bukitougcondominium.com/ | |
| bukit pandan 2 condominium owners and residents association http://www.bp2c.org | |
| Bukit Putra Residents Association | |
| BUKIT RIMAU RESIDENTS ASSOCIATION | |
| Bukit Subang plot h Residents Association http://ploth.bukitsubang.com | |
| Bukit Tunku Residents Association: secretary, Datin Teh Lip Pin | |
| Bukit Tinggi Residents Association: chairman, Gan Ee Chai | |
| Cameron Towers Residents Association | |
| Casa Damansara 1 Owners Association http://casadoa1.blogspot.com/ | |
| CITY HOMES BUYERS PRO TEM COMMITTEE | |
| D'AMAN RIA HOUSE OWNERS & RESIDENTS PROTEM COMMITTEE Ara Jaya, Petaling Jaya,Selangor. Chairman : Mr Puvaneswaran (Waran) 016-2950005 Secretary : Aw Swee Keng 012-3112620 | |
| DANAU IDAMAN RESIDENTS ASSOCIATION | |
| Damansara Emas Residents Association (Deras): chairman, Benedict Collin D’ Silva | |
| Damansara Indah Residents Association (DIRA): president, Balwant Singh Abdullah | |
| DAMANSARA JAYA RESIDENTS AND OWNERS RESIDENTS ASSOCIATION (DJOROA): chairman Yew Cheng Hoe / Wong Kah Yew | |
| DAMANSARA UTAMA RESIDENTS AND OWNERS ASSOCIATION (DUROA) | |
| DE TROPICANA CONDOMINIUM RESIDENTS ASSOCIATION | |
| DESA CINDAIMAS CONDOMINIUM | |
| Desa Kiara Owners and Residents Association (DKORA): chairman, Michael M.F. Yong | |
| Desa Mewah (KAJANG) Residents Association: deputy president, N. Nakkeeran | |
| Desa Mentari Residents Association: committee member, Harun Abdul Karim, | |
| DESA VIEW TOWERS CONDOMINIUM | |
| EMVILLE OWNERS PRO TEM COMMITTEE | |
| ENDAH RIA CONDOMINIUM | |
| ESTANA COURT, GOMBAK | |
| E | |
| Frasers Tower Owners Association | |
| Gasing Indah Residents Association: chairman, Marylyn Phoo | |
| GENTING PERMAI HOUSE OWNERS ASSOCIATION | |
| Glenmarie Court Homeowners' Association www.gcha.com.my | |
| Goodyear Court 10, USJ 15, Subang Jaya http://www.goodyearcourt10.com/ | |
| Gurney Heights Condominium phase 2 residents association; pro-tem president, Iskandar Mohd Yusoff | |
| HERITAGE CONDOMINIUM OWNERS ASSOCIATION | |
| I | |
| Istara Condominium Residents Association: vice-president, Tengku Nazaruddin Zainuddin | |
| J | |
| Jalan Anggerik 4D Bukit Sentosa Rawang RESIDENTS ASSOCIATION: CHAIRMAN, Mej Abdul Aziz Mahmud | |
| JALAN BUKIT MALURI 1-7 RESIDENTS ASSOCIATION | |
| kajang - senarai persatuan penduduk http://www.mpkj.gov.my/zon12.htm | |
| Kampung Tasik Residents Association vice-chair-man Ng Shin Cheong | |
| kelana putera community http://www.kelanaputera.com | |
| kemuning greenville (Sek 32 Shah Alam) residents associaton http://www.kgra.org.my | |
| Ketumbar Heights Residents Association: chairman, Stanley Ng / vice-president Chong Sin Woon | |
| Ketumbar Hill Condominium KL Residents Association (KHRA)( 1904-05-5) F-00-02, Ketumbar Hill Condominium, Jalan Ketumbar, Taman Cheras Utama, 56100 Cheras, K.L. Contact: 012 306 5369 (Thomas Liew, Secretary for 2005/2006) Email: khrafolks@yahoo.com | |
| KLH Pangsapuri residents association: ACTION CHAIRMAN, CHONG KOK KEN | |
| Kota Damansara 6 Residents Association: secretary, Alpadzul Abu Hassan | |
| Kota Kemuning Residents Association: CHAIRMAN, Mohamed Siraj Abdul Razack http://www.ppkk.org.my | |
| Kota Warisan Residents’ AssociatioN: chairman, Mohd Azlan Kasiman | |
| LAGOON PERDANA RESIDENTS' ASSOCIATION B2-05-18 Lagoon Perdana Apartments, Jln PJS 9/1, Bandar Sunway, 46150 PJ Committee Members : President : Leona Vice President : Jocelyn Wong (Tel :017-8842874) Secretary : Michael Pang (019-3148902) Vice secretary : Goh Cheng Oon (016-2900483) Email :lagoonperdana_residents_assoc (at)yahoogroups.com Meeting : Every Saturday at 3pm at Block 3A | |
| LE CHATEAU I & II OWNERS/RESIDENTS PRO TEM COMMITTEE | |
| LEMBAH BERINGIN HOUSE BUYERS PRO TEM COMMITTEE | |
| LINGKURAN NUR HOUSE BUYERS PRO TEM COMMITTEE | |
| LUCKY GARDENS Residents Association: PRESIDENT, AHMAD NORDEEN SALLEH | |
| Maxwell Towers residents association: chairman, Dr Ho Chai Yee / Victor Oorjitham | |
| MENARA DUTA II RESIDENTS COMMITTEE | |
| Menara Orkid (bandar baru sentul) Residents Association: president, K. Selvakumar | |
| MIAMI GREEN RESORT CONDOMINIUM OWNERS ASSOCIATION, PENANG http://www.miami-green.info/index.htm | |
| MOUNT KARUNMAS CONDOMINIUM Condominium Residents Sub-Committee (MKCRC Registered under: Persatuan Penduduk Taman Desa Karunmas Registration number: 0690-04-7 Contact person: Noorulhadi Mohamed Contact number: 016-2764314 Email: i_sapuan@tm.net.my Address: B3A-03 Mt Karunmas Condo, Tmn Desa Karunmas, Balakong, 43300 Seri Kembangan | |
| MUTIARA SENTUL CONDOMINIUM RESIDENTS’ ASSOCIATION 2-9-11, Mutiara Sentul Condominium Jalan 9/48A, Off Jalan Sentul 51000 Kuala Lumpur. mscra(at)yahoogroups.com | |
| MENARA SEPUTEH OWNERS PRO TEM COMMITTEE | |
| N-Park Residents Association | |
| NILAI INLAND PORT PRO TEM COMMITTEE | |
| Palm Court Owners and Residents Association (PPPC): secretary, P. Tirunaukarasu | |
| Pandan Indah flats residents association: chairman, R. Chandran | |
| Pandan Perdana Residents Association: chairman, A.C. Lim | |
| PANTAI PANORAMA OWNERS RESIDENTS ASSOCIATION | |
| PANTAI SEPANG PUTRA - PHASE 2A | |
| PASIR GUDANG - DIREKTORI JAWATANKUASA PENDUDUK http://www.pbtpasirgudang.gov.my/Direktori/JAWATANKUASA%20PENDUDUK2005.htm | |
| PEARL POINT CONDOMINIUM PRO TEM COMMITTEE | |
| PELITA HEIGHTS | |
| PERMAI RIA CONDOMINIUM RESIDENTS ASSOCIATION | |
| Permai Villa Residents Association: chairman, Mohd Razali Halnid | |
| Persatuan Pembeli Estana Court Condominium http://www.husmar.org/pppec/ | |
| Persatuan Kebajikan Penduduk Bukit Beruntung http://www.bukitberuntung.com/ | |
| PERSATUAN PEMILIK DAN PENGHUNI KONDOMINIUM KELANA | |
| Persatuan pemilik Prima Setapak Kondo Kuala lumpur ( Nombor Pendaf : 0991-04-5 ) Blogs : primasetapakblogspot.com E-mail : sqssee@yahoo.com Office Bearers : Chairman: Mr See Quai Sen ( 012- 6976191 ) V. Chairman : En Jafri Secretary : Ms. Goh Ling Ling Treasurer : Frankie Pek Committee members: 1. Raj Kumari 2. Daniel Ang 3) Adam 4. Winnie 5. Adrian 5. Raymond 6. Seow Chua Oon 7. Sathwan Singh | |
| PERSATUAN PENDUDUK BANDAR LAGUNA MERBOK (BLM) www.blm.com.my | |
| Persatuan Penduduk Bandar Sungai Buaya | |
| Persatuan Penduduk Bangi Perdana http://www.bangiperdana.org | |
| Persatuan Penduduk Dan Pemilik Country Heights, Kajang, Selangor http://chrla.net | |
| PERSATUAN PENDUDUK DAN PEMILIK PANGSAPURI PALM COURT | |
| Persatuan Penduduk Desa Subang Permai | |
| Persatuan Penduduk Goodyear Court 9 | |
| Persatuan Penduduk Intan Apartment (puchong) http://www.acx-comm.com/ppiapi/news.php | |
| Persatuan Penduduk Penang Golf Resort http://www.pgr-ra.org/ | |
| Persatuan Penduduk Rumah Pangsa Cempaka and Mawar | |
| Persatuan Penduduk Seksyen 7 PKNS, Shah Alam | |
| Persatuan Penduduk Taman Mayang Jaya, Petaling Jaya | |
| PERSATUAN PENDUDUK MENARA MEGAH KUALA LUMPUR | |
| Persatuan Penduduk Pangsapuri Angsana | |
| PERTUBUHAN PENDUDUK PANGSAPURI IMPIAN, PUCHONG | |
| Persatuan Penduduk Pangsapuri Meranti | |
| Persatuan Penduduk Pangsapuri Sri Mahligai | |
| PERSATUAN PENDUDUK PANGSAPURI TERATAI MEWAH BLOK 15 | |
| Persatuan Penduduk Pinggiran Batu Caves http://www.pppbc.net | |
| Persatuan Penduduk PPR Raya Permai | |
| Persatuan Penduduk Setapak Jaya 1A | |
| Pertubuhan Penduduk Spring Villa | |
| Persatuan Penduduk Taman Bangi 3 http://www.alamsiber.com/PPTB3/ | |
| Persatuan Penduduk Taman Delima Bukit Baru (MELAKA) | |
| Persatuan Penduduk Taman Seri Telok Mas | |
| PERSATUAN PENDUDUK TAMAN NAGA MAS | |
| Persatuan Penduduk USJ18 | |
| Petaling Garden Residents’ Association | |
| PETALING INDAH CONDOMINIUM RESIDENTS ASSOCIATION | |
| Petaling Jaya Residents Association (Pejra): president S.S. Rajalingam | |
| PJ SELATAN RESIDENTS ASSOCIATION: PRESIDENT, MOHAMED UMER PEER MOHAMED | |
| PLAZA PANTAI BUYERS' GROUP | |
| PRISMA PERDANA RESIDENTS ASSOCIATION | |
| PRO TEM AJK PEMBELI RUMAH TAMAN PERMAI JAYA | |
| Puncak Nusa Kelana Owners and Residents Association (PNKORA) Puncak Nusa Kelana Condo, Jln. PJU 1A/48, Mukim Damansara, Petaling Jaya, 47200, Selangor, Malaysia Email: rsudesh@gmail.com Website: www.puncaknusakelana.com | |
| PUNCAK PRIMA CONDOMINIUM | |
| PUNCAK SERI KELANA CONDO RESIDENTS PROTEM COMMITTEE | |
| PUNCAK SRI HARTAMAS BUYERS PRO TEM COMMITTEE | |
| putrajaya residents associatons http://www.ppj.gov.my | |
| PUTRA PERDANA BUYERS' GROUP | |
| RASAH KEMAYAN TOWN & COUNTRY CLUB, NEGERI SEMBILAN | |
| Sea Park Residents Association: chairman, Victor Chan Yew Wah | |
| SEA Park Apartments Owners and Residents Association (Spora): president, Helen Tan | |
| SEBERANG PERAI TENGAH - SENARAI PERSATUAN PENDUDUK http://spt.penang.gov.my/PerPend.pdf | |
| SECTION 5, PETALING JAYA RESIDENTS ASSOCIATION: CHAIRMAN EDWARD LEE ( 019-669 2768) or e-mail lee.sectfivepj@gmail.com | |
| SECTION 10 PETALING JAYA RESIDENTS ASSOCIATION; PRESIDENT, M. Paramasivam / vice president Tony Danker | |
| Section 19 PJ Residents Association: chairman, Tan Yew Leong | |
| Section 24 (SHAH ALAM) Flat Residents Association | |
| Selangor Polo and Equestrian Club Residents Association: president, Leong Kam Heng | |
| SENTUL INDAH HOUSEBUYERS PRO TEM COMMITTEE | |
| SENTUL PERDANA ANJUNG VILLA PROJECT PRO TEM COMMITTEE | |
| SENTUL RAYA PROPERTIES BUYERS ASSOCIATION PRO TEM COMMITTEE | |
| SERDANG SKYVILLA / SERDANG PERDANA BUYERS PTC | |
| SRI BANGSAR APARTMENT OWNERS COUNCIL | |
| Sri damansara Residents Association: chairman, Chin Chong Nam | |
| SRI EMAS CONDOMINIUM | |
| Sri Hartamas Residents Association: President Hor Han Keng | |
| SRI IMPIAN CONDO PTC, BRICKFIELDS | |
| SRI MURNI CONDOMINIUM | |
| Sri Pelangi (shah alam) Residents Association: president, Shah Abd Hameed Noor Mohamad | |
| SRI PUTRAMAS CONDOMINIUM RESIDENTS' ASSOCIATION (SPCRA) http://www.spcra.org/ | |
| SS3 Residents Association | |
| SS7 KELANA JAYA RESIDENTS ASSOCIATION: PRESIDENT, DATAUK ANUAR JAAFAR | |
| SS14 SUBANG JAYA Residents Association: CHAIRMAN, ISMETT AZYZE | |
| SUBANG JAYA-Wangsa Baiduri Residents Association | |
| SUBANG PERDANA GOODYEAR COURT 6 | |
| Sunway Semenyih Residents Association: president, Fransis Wimss | |
| TAMAN ABADI INDAH OWNERS & RESIDENTS ASSOCIATION | |
| Taman Bukit Kinrara RESIDENTS ASSOCIATION: chairman, Tham Pooi Heong | |
| Taman Bukit Mayang Emas Residents Association (BMESRA): pro tem chairman, Yeung Tuck Wai http://bmesra.org/ | |
| Taman Cuepacs Residents Association: chairman, R.Ragunathanan | |
| TAMAN DAYA | |
| Taman Desaria Residents Association: secretary, Amy Cho Suet Sen | |
| Taman Garing (RAWANG) Residents Association (TGRA): secretary, M. Kailasam, | |
| TAMAN GEMILANG APARTMENT RESIDENTS ASSOCIATION | |
| Taman Indah Jaya (klang) residents association secretary M. Subramaniam | |
| Taman Indah Perdana Residents Action Committee: president, Lim Man Fatt | |
| Taman Kemacahaya (Batu 9, Cheras): chairman, Zul Rahman | |
| TAMAN KENANGA | |
| Taman Lembah Maju Apartments' residents association: committee member, Steven Khoo | |
| TAMAN LIAN HOE | |
| Taman Mastiara (KUALA lUMPUR) House buyers and Residents Association: chairman, Nadzry Abdul Hamid | |
| TAMAN MEGAH RESIDENTS ASSOCIATION: CHAIRMAN, LIEW WEI BENG ( 019-3322 073) | |
| Taman Melati (Mastika II) Residents Association: Sponsored-Committee chairman, Ramely Mansor | |
| Taman Nirwana Phase II Residents Association: chairman, Mahendran Thomas | |
| TAMAN PUCHONG INTAN | |
| Taman Puncak Jalil Persatuan Penduduk http://www.puncak-jalil.com/forums/ | |
| TAMAN PUTRI JAYA CHERAS HOUSE BUYERS PRO TEM COMMITTEE | |
| Taman Sekamat (Batu 12 ½, Jalan Cheras, Kajang) Residents Association: chairman, Lt Col (Rtd) Akbar Khan Muhabat Khan | |
| Taman Seri (BANTING) Residents Association: secretary, Ramli Adnan | |
| Taman Setiawangsa community http://www.setiawangsa.info | |
| Taman Saga (JALAN SUNGAI JATI, KLANG) Residents Association: president, A. Rama Kumar | |
| Taman Sri Petaling Residents Association: chairman, Lau Kien Foh http://www.sripetaling.net/ | |
| Taman Sri Segambut Residents Association: chairman, Peter Tuan Beck Wah | |
| TAMAN TUN DR ISMAIL RESIDENTS ASSOCIATION | |
| Tanjong Bunga (PENANG) Residents' Association http://www.tanjongbunga.blogspot.com/ | |
| TIARA DAMANSARA CONDOMINIUM | |
| TIARA DUTA CONDOMINIUM PRO TEM COMMITTEE | |
| TIARA KELANA | |
| UKAY PERDANA | |
| USJ 3 ABCD RESIDENTS ASSOCIATION: PROTEM CHAIRMAN, RUSMAN ZAIHAN | |
| USJ RESIDENTS ASSOCIATION: president, P. Jayan / SECRETARY, EILEEN CHEAH http://www.usj.com.my/ | |
| VENICE HILL CONDOMINIUM RESIDENTS & OWNERS ASSOCIATION | |
| VILLA OUG OWNERS PRO TEM COMMITTEE | |
| VILLA PAWANA | |
| VINTAGE HEIGHTS | |
| Vista Tasik Condominiums residents Association: pro tem committee chairman, Mark Chong, and committee member P. Prathap | |
| Wadihana Condominium Residents' Committee (jOHOR bAHRU, mALAYSIA) http://wadihana.com/ | |
Monday, April 16, 2007
Property Sector - Boost From Government
Mervin Chow of OSK Research
The Government announced on the 13th April 2007 that it would shorten
development approval time from the current 1-2 years to 6 months.
To encourage housing developers to adopt the 10:90 Build-then-Sell
(BTS) strategy, the Government will offer the following incentives:
(i) exemption from payment of the RM200,000 deposit for a housing
developer’s license;
(ii) removal of the 30% low-cost quota for housing development; and
(iii) priority of all official matters including shortening development
approval time to 4 months (vs 6 months for others).
Even in the absence of the incentives, the adoption of the strategy
in itself is appealing in the following ways:
(i) Premium pricing.
Home buyers will feel more assured of timely delivery and quality,
as the properties are near completion when the properties are open
for bookings. Henceforth, the low abandonment risk allows the
developers to command premium prices on its property developments;
(ii) Ability to accommodate pricing to economic cycles.
At times of downturns, the properties can be priced lower albeit
some margin sacrifice to sustain demand and vice versa during an
upswing;
(iii) Manageable construction and development costs, thus
limiting the probability of costs overruns; and
(iv) Limiting project insolvency, since funding of development
projects is not dependent on sales.
Incentives are attractive too but not all property developers
have the sufficient capacity or the capability to immediately
adopt the strategy yet. The BTS strategy, if successfully
implemented will imply:
(i) that the developer must first have a strong cash flow and
financial position.
Developers are not able to change their capital structure or financial
policies overnight to accommodate to the adoption of the BTS strategy.
In addition, the banking institutions may find it difficult to finance
property development projects that have yet to lock-in any sales; and
(ii) lumpy performance.
Due to the fact that housing developments must now be completed
first before the properties can be launched and sold should the
developers adopt the BTS strategy, earnings performance going
forward could be rather lumpy. Despite so, the strategy enables
such developers to create an even richer shareholders’ value in
the longer term and unlock the best value from their
development landbanks.
A boost in efficiency. The shortening of the approval time will
enable developers to unlock the value of its landbank faster,
which is one of the best suits for those that have the strategy
of a quick turnaround on its landbank.
Adapted from OSK Research
Related Articles
* The Star
* China View
* Yahoo
Monday, April 2, 2007
Wednesday, February 28, 2007
KLCC surrounding projects
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, café, 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
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 -
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, café, 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
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 -
Monday, February 12, 2007
Thursday, January 11, 2007
Putra Perdana
“The growth potential and investment earnings have been greatly increased by the upgrading of the road from Jalan Puchong to Putra Perdana into a dual carriageway and a future access road to the Putrajaya Link,” said Talam senior vice-president Datuk Abdul Rashid Ahmad.
Spanning 1,350 acres within the southern development corridor, Putra Perdana comprises three housing projects - the namesake Putra Perdana covering 700 acres, the 150-acre La Cottage and the 500-acre Danau Putra.
Once the township, located 2km from Cyberjaya and 6km from Putrajaya is completed, it will have several commercial zones, kindergartens, primary and secondary schools, police and fire stations, a mosque and other public amenities.
Rashid said this at the opening of Talam Corp’s branch office, its 10th, at a double-storey commercial building in Putra Perdana recently by the State Assemblyman for Dengkil, Datuk Mohd Sharif Jajang.
The branch office, he said, will provide customer care services, assist in housing assessment and quit rent collections, facilitate loan instalment payments and help foster a better relationship between Talam and the residents’ associations in the area.
Talam is now selling units in two new phases of the development. These are the Lake Ville apartments pegged from RM85,900 for an 800sq ft unit, and the 18ft by 65ft La Cottage double-storey terraces starting from RM122,900.
Putra Perdana will ultimately have a total of 8,600 housing and commercial units. These are made up of 316 units of two-storey cluster bungalows, 1,850 units of double-storey terraces, 650 commercial units and 5,765 walk-up apartments.
La Cottage, where more than 60 per cent of the units have been sold, will have 1,357 double-storey terraces and 93 commercial units.
Danau Putra, which makes up 38.5 per cent of the Putra Perdana township, has also seen more than 70 per cent of its 7,183 units being taken up, comprising 5,221 apartments, 343 townhouses, 695 terraces, 903 units of double-storey cluster bungalows and 21 commercial units.
- Property Times 28 February 2004 issue -
Subscribe to:
Posts (Atom)