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Old December 26th, 2007, 05:33 AM   #1
haze
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ST. MARY RESIDENCES | Kuala Lumpur ( Jalan Raja Chulan ) | 28 fl x 3 | Completed

E&O PROPERTY TEAMS UP WITH LION GROUP TO BUILD LUXURIOUS SERVICE APARTMENTS IN KL’S GOLDEN TRIANGLE
28 Nov, 2007 -



Kuala Lumpur, 28 November 2007: E&O Property Development Berhad (E&OProp), together with the Lion Group will jointly develop a 4.13 acre land (former St Mary’s school site) located on Jalan Tengah / Jalan P. Ramlee, in the heart of Kuala Lumpur’s Golden Triangle.

The Development Order has been received in May this year, for the development of 3 blocks of 28-storey luxurious service apartments which will capitalise on the current trend of affluent professionals from Malaysia and overseas choosing to work and live in the city, taking full advantage of the increasingly cosmopolitan lifestyle within Kuala Lumpur’s central business district. The 3 towers of service apartments will surround an expansive urban sanctuary, termed as the development’s ‘central park’ (See Master Layout and Site Plan below). Total net area for the development is estimated at 940,000 sf, with approximately 660 units of sizeable service apartments. The development is targeted for launch by mid-2008.

There will also be a retail and F&B component, which spans approximately 35,000 sf – to provide ancillary amenities that suits the lifestyle of the expatriate and business community who chooses to live and work within the city centre. Due to its strategic location fronting Jalan Tengah, the surrounding community will also have the opportunity to enjoy these amenities which will largely be food and beverages outlets.

The groundbreaking ceremony at the former St Mary’s school site was held today. Right Reverend Ng Moon Hing (Bishop of West Malaysia) representing The Synod of the Diocese of West Malaysia, was in attendance to bless and officiate the ceremony. The ceremony was witnessed by E&O Property Development Berhad’s Managing Director, Dato’ Terry Tham Ka Hon as well as the Lion Group’s Property Division Executive Director, Mr Lionel Cheng.

E&O Property Development Berhad’s Managing Director, Dato’ Terry Tham Ka Hon said, “Today’s groundbreaking ceremony signifies a new beginning for the redevelopment of the former St Mary’s school land. We are one step closer to realising the concept of this development, with the blessing of The Synod of the Diocese of West Malaysia as well as our working partner, the Lion Group. This partnership truly provides an excellent opportunity for us to combine our expertise and resources – especially in development in prime urban centres which continuously attracts buyers and investors due to its attractive capital appreciation and rental yields.”

Mr Lionel Cheng, the Lion Group’s Property Division Executive Director added, “Our Group has full confidence in the potential of the site given its strategic location and the emergence of Kuala Lumpur as a world–class city. We feel this land can be transformed into a significant landmark development and we have looked into every aspect of achieving this goal. We are very pleased to establish a strategic partnership with E&O Property who are well-known for their innovative products. We believe our combined efforts and expertise will add value to the success of the project.”

The redevelopment of the former St Mary’s school land is undertaken through a 50%: 50% Joint Venture Company Mergexcel Property Development Sdn Bhd (Mergexcel), between Ribuan Imbangan Sdn Bhd (a wholly-owned subsidiary of E&OProp) and Lion Courts Sdn Bhd (a wholly-owned subsidiary of Lion Industries Corporation Berhad). In May 2006, Mergexcel acquired the 4.13 acre Freehold land from The Synod of Diocese of West Malaysia, the original owner of the St Mary’s school and the said land.

The former St. Mary’s School land was originally purchased by the Lion Group from The Synod of the Diocese of West Malaysia. Under the original purchase agreement, the Lion Group has since fulfilled its obligations in providing a new purpose-built school in Selayang for the relocation of the St Mary’s School.

As set out in DBKL’s Kuala Lumpur Structure Plan 2020, the relocation of schools to Klang Valley suburbs, follows DBKL’s aim to alleviate traffic congestion within the city, while increasing the resident population of KL city to 245,600 people in 2020 from 128,721 in 2000.


MASTER LAYOUT PLAN




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Old December 26th, 2007, 05:36 AM   #2
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progress

by Pandilex

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Old December 26th, 2007, 05:42 AM   #3
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proposal 1





proposal 2

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Old December 26th, 2007, 06:18 AM   #4
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kenapa tak robohkan foodcourt belakang the weld? spoillah!!!
hopefuly dis wil be another gr8 project....but 28flr? add another 10 more storey lah :P coz otherwise ppl cant c it once its complt......

Last edited by rizalhakim; December 26th, 2007 at 08:04 AM.
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Old December 26th, 2007, 06:21 AM   #5
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so far 2 sekolah sudah hilang..... 1st bb gurl skool n later im sure da same thing wil hapen 2 da chunghwa skool nex 2 hotel maya......and then 2 bukit nenas skool.....
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Old December 26th, 2007, 07:06 AM   #6
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Quote:
Originally Posted by rizalhakim View Post
kenapa tak robohkan foodcourt belakang the well? spoillah!!!
hopefuly dis wil be another gr8 project....but 28flr? add another 10 more storey lah :P coz otherwise ppl cant c it once its complt......
dont worry brohter. nie baru parcel 1. ade lagi parcel 2 nnti


Land at St. Mary’s – Parcel I, Kuala Lumpur City Centre
Commercial development of offices, retail space and service apartments on 4.13 acres, the previous site of St. Mary’s School in the heart of Kuala Lumpur’s Golden Triangle, in a joint venture partnership with the Lion Group.

Land at St. Mary’s – Parcel II, Kuala Lumpur City Centre
Sleek, modern commercial tower of executive suites and corporate offices developed exclusively by Eastern & Oriental Berhad, adjoining St. Mary’s Parcel I.
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Old December 26th, 2007, 07:52 AM   #7
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28 not enuf....sebab dikelilingi oleh supertall towers, the weld, mas, promet, affin tower, aetna genesis, kfc tower.... later tak nampak.....

Last edited by rizalhakim; December 26th, 2007 at 08:04 AM.
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Old December 26th, 2007, 08:03 AM   #8
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Quote:
Originally Posted by haze View Post
E&O PROPERTY TEAMS UP WITH LION GROUP TO BUILD LUXURIOUS SERVICE APARTMENTS IN KL’S GOLDEN TRIANGLE
28 Nov, 2007 -





next to the weld....future building lot 59...public mutual building???????
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Old December 26th, 2007, 08:07 AM   #9
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Quote:
Originally Posted by rizalhakim View Post
28 not enuf....sebab dikelilingi oleh supertall towers, the well, mas, promet, affin tower, aetna genesis, kfc tower.... later tak nampak.....
yeah..such a prime location should build taller lah.


hope DBKL wont approve the height he he
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Old December 26th, 2007, 08:26 AM   #10
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Quote:
Originally Posted by rizalhakim View Post
so far 2 sekolah sudah hilang..... 1st bb gurl skool n later im sure da same thing wil hapen 2 da chunghwa skool nex 2 hotel maya......and then 2 bukit nenas skool.....
yup, i strongly support DBKL's structure plan to move schools form center KL. oh gawd...u can see during school holiday season...KL's traffic especially in the morning is super smooth...
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Old December 27th, 2007, 01:41 AM   #11
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Quote:
Originally Posted by patchay View Post
in Johor Bahru...






Gold55 Towers - twin 55 storeys
johor bahru
2006 - 2009

Gold55 when completed in 2009 will be the tallest towers in the southern region. At 55 stories, they are link two thirds up with a double-storey sky deck. The twin towers will house 650 service apartments while in the forecourt is a 150-suite boutique hotel. A timeless modern language is chosen for this architecture. The all gold rendition promises to please!



RS Service Apartments - 53 storey
johor bahru
in progress 2007

This service apartment is v-shaped in plan. Sited on a prime land in the city, it rises 53 stories to become one of the tallest buildings in the city of Johor Bahru. The void area created by the v-shape forms the circulation and ventilated corridors. Air is diverted into the void by 2 extended wind scoops. Perforated panels not dissimilar to the proposed MBJB building screen the car parking podium. Walls of creepers also feature in an attempt to provide vertical greening to reduce heat gain and CO2 emissions. Sky bungalows at the top floor afford great views.

28flr compared to dis projex in jb 55 n 53flr......lion group shud think again.....
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Old December 31st, 2007, 11:03 AM   #12
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Quote:
Originally Posted by nazrey View Post
by Pandilex

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30/12/07


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Old December 31st, 2007, 11:05 AM   #13
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30/12/07




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Old December 31st, 2007, 11:06 AM   #14
rizalhakim
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Quote:
Originally Posted by haze View Post
E&O PROPERTY TEAMS UP WITH LION GROUP TO BUILD LUXURIOUS SERVICE APARTMENTS IN KL’S GOLDEN TRIANGLE
28 Nov, 2007 -





next to the weld....future building lot 59...public mutual building???????

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Old December 31st, 2007, 11:20 AM   #15
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Quote:
Lion, E&O Property team up in apartment project
Published: 2007/11/28
BusinessTimes

Quote:
The service apartment project is to be completed by mid-2008
E&O Property Development Bhd and the Lion Group will jointly develop three blocks of 28-storey service apartments in Jalan Tengah/Jalan P. Ramlee, Kuala Lumpur.

The development order was received by the two parties in May this year. The project is to be completed by mid-2008.

Total net area for the development is estimated at 940,000 sq ft, with about 660 units of sizeable service apartments.

The area will also have a retail and food and beverage component spanning 35,000 sq ft.

"This partnership truly provides an excellent opportunity for us to combine our expertise and resources, especially in development in prime urban centres, which continuously attracts buyers and investors due to its attractive capital appreciation and rental yields," E&O Property managing director Datuk Terry Tham Ka Hon said in a statement yesterday.

Lion Group's property division executive director Lionel Cheng said the group is confident of the potential of the site given its strategic location.

The project will be undertaken by a joint-venture company, Mergexcel Property Development Sdn Bhd.

E&O Property owns a 50 per cent stake in Mergexcel through its subsidiary, while Lion Group's subsidiary owns the rest.

In May last year, Mergexcel bought 1.65ha freehold land from The Synod of Diocese of West Malaysia.

The Synod was the original owner of the St Mary's school and the land on which it sits. St Mary's school will be relocated to Selayang.
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Old December 31st, 2007, 03:21 PM   #16
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only 28 storey......
What I know is Lot 59 owned by Public Bank, and Public Mutual is d subsidiary. I think Public Mutual should move their current HQ at Bandar Sri Damansara to the city centre.
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Old January 1st, 2008, 09:50 AM   #17
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public mutual project n e@o project 2 dif projects......e@o 3 towers 28 storey located at previously st mary skool n da future public mutual tower located next to the weld
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Old January 1st, 2008, 10:05 AM   #18
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Quote:
Originally Posted by rizalhakim View Post
public mutual project n e@o project 2 dif projects......e@o 3 towers 28 storey located at previously st mary skool n da future public mutual tower located next to the weld
I know there are two different lots, can see it from the master layout plan
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Old January 12th, 2008, 12:24 PM   #19
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by TheWorldSeeThruTheLens

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Old January 12th, 2008, 06:07 PM   #20
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i hope tis project not be like berjaya central park...... dun like 'bagai melepas batuk ditangga' k....
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