ICON,KL

[Popoko]

Monday November 20, 2006


PJCC parent company has more than 20 years’ track record

The parent company of PJCC Development Sdn Bhd, which has a strong track record in property development of more than 20 years, is eager to build its image as a reputable developer by getting into the luxurious condominiums market.

Among the developments that have been completed by the group include the 20-storey MCB Plaza and a 14-storey condominium project, both in Changkat Raja Chulan, Kuala Lumpur.

It has also completed two mixed housing developments - Taman Ampang Mewah in Ampang and Taman Sri Pangkor in Pangkor Island. Two mixed developments in Pangkor Island and Klang would be launched soon.

The latest condominium project called ICON, KL will comprise 80 boutique condominiums for those who appreciate the hip lifestyle of staying in the vicinity of the Kuala Lumpur City Centre.

Undertaken by Mezzon Development Sdn Bhd, the 40-storey condominium at Jalan Yap Kwan Seng is slated as Kuala Lumpur's ultimate residences.


An artist’s impression of ICON KL
PJCC general manager for sales Lee Wai Yen said the exclusive low-density enclave would offer a serene sanctuary in the heart of Kuala Lumpur. About 70% of the building will feature two units per floor, with each unit averaging 2,900 sq ft in size. Most of them are duplex units with dedicated lift access and private lift lobby.

The condominiums are priced from RM1.5mil to RM2mil for a total gross development value of RM150mil.

Lee said all the relevant approvals were in place and the project would be ready for launch at the end of this year.

“Every unit commands an awesome view of the world famous Petronas Twin Towers. Purchasers will be offered a choice of different types of granite or marble finishes for the living, dining and kitchen areas. This feature will enhance the exclusivity of each condominiums at ICON, KL,” he said, adding that it would set a new benchmark for luxury living when completed in the next three years.

“We are confident the project will do well in keeping with the growing popularity of inner city living and the attraction of being a part of an exclusive community,” he added.

On Mezzon Development’s other projects, Lee said the company is affiliated to Hydro Majestic Hotel Group, a private integrated Australia hotel management and investment company.

The group's flagship property, the award-wining world class Hydro Majestic Hotel in Blue Mountains, Australia, had a multi million dollar restoration to mark its first century celebration recently.

The group also develops and owns several hotels in Australia, China and Malaysia.

[ZaHiRnYa???]

any pic??

[ZaHiRnYa???]

jalan yap kwan seng? is it on the site of the bolton property or some place else?? i cant see any other plot of land for the new development though...

[pedang]

its should be a different project. Bolton had jv with capital land n M Land to develop at least 50 storey luxury condo n will be lunch on Q2 2007.btw THE ICON would be a great additional at jalan mayang n will add more density there.

[patchay]

TheStar November 20, 2006

[pedang]

Originally Posted by patchay

TheStar November 20, 2006

doesn't look too Iconic, in fact its far away behind the troika

[ZaHiRnYa???]

it will be behind the bolton project then...

[ZaHiRnYa???]

maybe they couldnt figure out a more suitable name for the project

[baqthier]

wow 40 storeys! Thanks for the pic patchay!

[patchay]

Originally Posted by baqthier

wow 40 storeys! Thanks for the pic patchay!

Most welcome baq!!!

[patchay]

The rendering I found on a website is somewhat different from what it is published in newspaper that day.

[pedang]

aiyoo.. mcm my habitat aje. lagi buruk dari yg kat atas tue

[ZaHiRnYa???]

Originally Posted by patchay

The rendering I found on a website is somewhat different from what it is published in newspaper that day.

u happen to have the rendering from the website then?

[patchay]

Originally Posted by ZaHiRnYa???

u happen to have the rendering from the website then?

nope...oops mistaken with the Icon in singapore.

[ZaHiRnYa???]

sigh...what is so special about 40 storey ??? haha

[TYW]

any bigger rendring??

[nazrey]

Mah Sing to launch projects worth RM1.75b
By Anna Maria Samsudin
April 10 2007
BusinessTimes


PROPERTY developer Mah Sing Group Bhd will launch seven new development projects this year, with an estimated gross development value (GDV) of RM1.75 billion.

Managing director Datuk Leong Hoy Kum said these new projects are located in the Klang Valley and Johor Baru, and are targeted at the middle- and high-end income groups.

The projects comprise Duta Perdana in Puchong, Kemuning Residence in Shah Alam, One Residence in Cheras, Hijauan Residence in Cheras, Sierra Perdana in Johor Baru, The Icon in Kuala Lumpur and a commercial project in Mount Kiara.

Currently, the group is involved in five projects with a GDV of RM474 million, namely Damansara Legenda in Petaling Jaya, Perdana Residence in Selayang, Aman Perdana in Shah Alam, Sri Pulai Perdana in Skudai and Austin Perdana in Johor Baru.

"Altogether, we have projects with a total GDV of RM2.2 billion. These projects will provide us with an income stream for the next four to five years," Leong told reporters after the signing of an underwriting agreement with Malaysian International Merchant Banker Bhd and Hwang DBS on its rights issue exercise in Kuala Lumpur yesterday.

The right issue, involving 53.04 million new ordinary shares priced at RM3.30 each, aims to raise RM175 million.

The move is part of its corporate exercise, which also includes split and bonus issues, targeted to be completed by June this year.

Prior to this, the group had raised RM52.6 million from a recently completed private placement exercise involving 15.2 million shares.

The total proceeds of RM227.6 million from these exercises will be used to fund the working capital of Mah Sing and its subsidiaries, said Leong.

On its expansion strategy, he said the group plans to boost its business beyond the Klang Valley and Johor and is eyeing opportunities in Penang.

"Currently the supply for high-end landed properties in Penang is scarce. As such, the potential for us (to offer such properties) there is huge," he said.

The group is scouting for suitable land to acquire and is currently in talks with several parties on the matter.

Mah Sing also aims to carry out fast turnaround projects with an estimated GDV of between RM400 million and RM600 million annually.

[pedang]

Originally Posted by nazrey

Mah Sing to launch projects worth RM1.75b
By Anna Maria Samsudin
April 10 2007
BusinessTimes


PROPERTY developer Mah Sing Group Bhd will launch seven new development projects this year, with an estimated gross development value (GDV) of RM1.75 billion.

Managing director Datuk Leong Hoy Kum said these new projects are located in the Klang Valley and Johor Baru, and are targeted at the middle- and high-end income groups.

The projects comprise Duta Perdana in Puchong, Kemuning Residence in Shah Alam, One Residence in Cheras, Hijauan Residence in Cheras, Sierra Perdana in Johor Baru, The Icon in Kuala Lumpur and a commercial project in Mount Kiara.

Currently, the group is involved in five projects with a GDV of RM474 million, namely Damansara Legenda in Petaling Jaya, Perdana Residence in Selayang, Aman Perdana in Shah Alam, Sri Pulai Perdana in Skudai and Austin Perdana in Johor Baru.

"Altogether, we have projects with a total GDV of RM2.2 billion. These projects will provide us with an income stream for the next four to five years," Leong told reporters after the signing of an underwriting agreement with Malaysian International Merchant Banker Bhd and Hwang DBS on its rights issue exercise in Kuala Lumpur yesterday.

The right issue, involving 53.04 million new ordinary shares priced at RM3.30 each, aims to raise RM175 million.

The move is part of its corporate exercise, which also includes split and bonus issues, targeted to be completed by June this year.

Prior to this, the group had raised RM52.6 million from a recently completed private placement exercise involving 15.2 million shares.

The total proceeds of RM227.6 million from these exercises will be used to fund the working capital of Mah Sing and its subsidiaries, said Leong.

On its expansion strategy, he said the group plans to boost its business beyond the Klang Valley and Johor and is eyeing opportunities in Penang.

"Currently the supply for high-end landed properties in Penang is scarce. As such, the potential for us (to offer such properties) there is huge," he said.

The group is scouting for suitable land to acquire and is currently in talks with several parties on the matter.

Mah Sing also aims to carry out fast turnaround projects with an estimated GDV of between RM400 million and RM600 million annually.

project icon nie yang kat jalan tun razak la nazrey.

[ZaHiRnYa???]

Originally Posted by pedang

project icon nie yang kat jalan tun razak la nazrey.

yup. you are right there.

[szehoong]

Originally Posted by blurangel

Hey guys,

Icon, KL comprises 40 storey with only limited 80 units. Built-up from 2,900 sq.ft to 5,300 sq.ft.

The actual location is not along Jalan Yap Kwan Seng. It is actually located at the piece of land next to Euro Deli German Restaurant and immediately next to Hampshire Park and 2Hampshire which is currently u/c.

Check out the website guys.

www.iconkl.com

Originally Posted by pedang

project icon nie yang kat jalan tun razak la nazrey.

Well......I saw this project along Jalan Yap Kwan Seng. And did Nazrey say anything wrong?