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Countdown to 2020 new projects, proposals, under-construction updates and news of developments & construction projects.



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Old May 23rd, 2010, 10:09 AM   #21
patchay
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NAZA GROUP'S PLANS
Source: TheEdge City & Country May 24, 2010
Credits to Racheal Lee
Revealed by S M Faliq SM Nasimuddin



NAZA TTDI SDN BHD and KUMPULAN JETSON BHD
ALL PROJECTS SCHEDULED FOR 2010


1. Construction of 50-storey RM641 million FELDA TOWER in Platinum Park KLCC

2. Construction of 50-storey NAZA HQ and a 38-storey office tower in Platinum Park KLCC

3. A RM363 million 35-storey office tower near Platinum Park for en-bloc sale = Eminent 213 Jalan Tun Razak

4. A RM219 million mixed development project = TTDI Dualis, Equine Park Seri Kembangan - launched today

5. A RM179 million project including a 19-storey apartment and 22-storey office tower = Plot O, Seksyen 13 Shah Alam

6. A RM313 million project including offices, apartments and shops = Plot J5, Seksyen 13 Shah Alam

7. A 1.1-acre shop-offices development = Jayamas Phase 3 in TTDI Jaya Shah Alam

8. A RM327 million 113-acre new township project = TTDI Grove in Kajang

9. A RM1 billion 208-acre new township project = TTDI Alam Impian in Shah Alam

10. A RM900 million 53-acre integrated development including homes, offices, hotel, apartments and a mall = TTDI Puchong

11. The first launch of serviced apartment in Platinum Park KLCC - tentatively Dec 2010

12. Construction of the MATRADE CENTRE, Malaysia's largest exhibition and convention centre to begin in 3Q 2010.



EXCITEMENT FOR 2011 AND BEYOND

1. NAZA to finalize plans for Platinum Park Phase 2 with Foster+Partners as main archtect. The plans include residential component, a retail component and a hotel component.

2. NAZA is finalizing plans for other components of MATRADE CENTRE including a 100-storey tower. NAZA plans to make announcement in 3Q 2010 or the end of the year. The whole project will take 15 years.

3. NAZA plans to launch a world class iconic development on 3.7-acre site of the current Sunday market in Kampung Baru in 3Q 2011. NAZA is in the process of revising the master plan for Puncak Baru for submission.



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Old May 24th, 2010, 08:17 AM   #22
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Quote:
Originally Posted by ericyong View Post
I think it will not be Putra Perdana already.

Look at this announcement - http://announcements.bursamalaysia.c...1?OpenDocument

The SM boys Nasa and Faliq bought into Kumpulan Jetson, and now Jetson is signing a MoU with China State Construction...

favourites to win the tender I supposed?
eric how come u didnt participate in the felda tower..u shd have get the tender cos i believe u can give very competitive price..naza awarded to the lowest bidder.
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Old May 27th, 2010, 07:38 AM   #23
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Old May 27th, 2010, 08:07 AM   #24
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nice aerial view!...
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Old May 29th, 2010, 06:56 PM   #25
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New Perspective Rendering:
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Old June 3rd, 2010, 04:43 PM   #26
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offtopic - the family tussle has begun

Second wife sues for control of Naza empire

The second wife to the late Tan Sri SM Nasimuddin SM Amin, the founder of automobile giant Naza Group, and their five children filed a legal suit today to claim RM350 million and properties in Malaysia and England.

They are also suing for control of six companies now being held by Nasimuddin’s first wife and their five children.

The companies are Naza Kia Sdn Bhd, Naza Automotif Manufacturing Sdn Bhd, Nasim Sdn Bhd, Naza Motor Trading Sdn Bhd, Naza TTDI Sdn Bhd and NZ Wheels Sdn Bhd.

The suit was filed by Rokiah Abdullah, 53, and her children Sharifah Roslina, 26, Mohd Azli, 25, Sharifah Rosnani, 24, Sheikh Mohamad Azrul, 21, and Sharifah Sofia, through the law firm of Jamil Mohamed Shafie & Associates at the High Court here today.

Named in the suit as defendants were Nasimuddin’s estate, his first wife Puan Sri Zaleha Ismail, 57, and her children, Datuk Faisal, 31, Nur Diana, 28, Sheikh Mohd Nasarudin, 26, Sheikh Mohd Faliq, 25, and Nur Nadia, 24.

Read more at
http://www.themalaysianinsider.com/m...f-naza-empire/
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Old June 4th, 2010, 04:02 AM   #27
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Quote:
Originally Posted by patchay View Post
Second wife sues for control of Naza empire

The second wife to the late Tan Sri SM Nasimuddin SM Amin, the founder of automobile giant Naza Group, and their five children filed a legal suit today to claim RM350 million and properties in Malaysia and England.

They are also suing for control of six companies now being held by Nasimuddin’s first wife and their five children.

The companies are Naza Kia Sdn Bhd, Naza Automotif Manufacturing Sdn Bhd, Nasim Sdn Bhd, Naza Motor Trading Sdn Bhd, Naza TTDI Sdn Bhd and NZ Wheels Sdn Bhd.

The suit was filed by Rokiah Abdullah, 53, and her children Sharifah Roslina, 26, Mohd Azli, 25, Sharifah Rosnani, 24, Sheikh Mohamad Azrul, 21, and Sharifah Sofia, through the law firm of Jamil Mohamed Shafie & Associates at the High Court here today.

Named in the suit as defendants were Nasimuddin’s estate, his first wife Puan Sri Zaleha Ismail, 57, and her children, Datuk Faisal, 31, Nur Diana, 28, Sheikh Mohd Nasarudin, 26, Sheikh Mohd Faliq, 25, and Nur Nadia, 24.

Read more at
http://www.themalaysianinsider.com/m...f-naza-empire/
if rizalhakim post dis surely kene warning kene maki wit dat guy....

Last edited by rizalhakim; June 4th, 2010 at 05:52 AM.
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Old June 4th, 2010, 03:38 PM   #28
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I apologize if I misplaced the article here. But I would like to draw to your attention, as per today's MInsider news that Naza Group is having some internal issues.

There has been rumours that the Naza Group might be split out, one in automobile another one in property. But they say the property arm is heavily dependent on the automobile arm for the "financial muscle". This would have a material impact on the financiability of the property arm.
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Old June 5th, 2010, 08:10 PM   #29
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Quote:
Originally Posted by rizalhakim View Post
if rizalhakim post dis surely kene warning kene maki wit dat guy....

First of all did you see how KURANG AJAR you've been? "Dat guy"? Got balls then be direct. Did you know that insulting a moderator is also another forum offense?

I did not see this if not I'll sure inform Patchay already. Furthermore this is his first offence and he did state that this is OFF TOPIC. He also explain the reason why he posted it here.

So dun think you so smart.........
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Old June 6th, 2010, 07:02 AM   #30
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hey rizal..kamu jangan kasar lerrr...bagaimana pun kita org semua tingal di Forum Pencakar Langit Malaysia dah lama...damaikanlah..
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Old June 13th, 2010, 07:19 PM   #31
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RM3b boost for Naza TTDI's Platinum Park
By Sharen Kaur
Published: 2010/06/14

The Platinum Park is a high-end integrated residential and commercial lifestyle properties in the Kuala Lumpur City Centre area, worth RM4 billion.

Naza TTDI Sdn Bhd's Platinum Park project in Kuala Lumpur will see a new wave of development as the property developer launches lifestyle properties worth about RM3 billion next year and in 2013.

The 3.68-hectare Platinum Park is a high-end integrated residential and commercial development in the Kuala Lumpur City Centre (KLCC) area, worth RM4 billion.

Group managing director SM Faliq SM Nasimuddin said Naza TTDI will introduce its first residential property - a luxury serviced apartment, by early next year.

It will next launch a high-end condominium towards the end of 2011 or by early 2012.
Faliq said the towers may be named Platinum Park Suites and Platinum Park Residences, respectively.

He said there will be more than 200 units of serviced apartments, with sizes ranging from 500 sq ft to 1,100 sq ft offered to retail investors.

The condominium tower will have more than 100 units, ranging from 2,000 sq ft to 3,500 sq ft.

"We will sell individual units but if we get a good offer for an en bloc, we will consider," he told Business Times in an interview in Shah Alam, Selangor, recently.

Faliq said Naza TTDI will build niche lifestyle retail outlets with some 200,000 sq ft of space.

The final component of Platinum Park will include a luxury five-star 50-storey hotel, where construction will start after 2012.

Faliq said Naza TTDI is in negotiations with several international operators in Asia Pacific and Europe to run and manage the hotel.

Naza TTDI is also in talks with local and foreign investors who are keen to form joint ventures with the company to build the hotel or buy it over.

"We have several options. The end deal will depend on what we have on the table," Faliq said.

Naza TTDI will look at a few financing options to fund the lifestyle components.

"I am very excited with the Platinum Park development. My aim is to make it the most iconic project here. We are targeting to complete this project by 2016 or 2017," Faliq said.

Work in progress include three office towers, which will be built between March and December in 2013.

They include the 50-storey Naza Towers, which will be the Naza Group of Companies' new headquarters, and a 50- and 38-storey tower for plantation group Felda and a government-linked company, respectively.

The towers are designed to be "green buildings" through the efficient use of energy, water and materials.

Naza TTDI will apply for certification under the Green Building Index of Malaysia.

Read more: RM3b boost for Naza TTDI's Platinum Park http://www.btimes.com.my/Current_New...#ixzz0qkq7TkLc
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Old August 19th, 2010, 04:26 AM   #32
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Jetson Construction ends JV with China firm
By Racheal Lee of theedgeproperty.com
Wednesday, 18 August 2010 20:13

KUALA LUMPUR: Kumpulan Jetson Bhd’s wholly owned subsidiary Jetson Construction Sdn Bhd (JCSB) and China State Construction Engineering (Hong Kong) Ltd has terminated their joint venture (JV) agreement that was entered in May.

The construction firm said on Wednesday, Aug 18 that the JV was formed to prepare and submit a tender invited by Naza TTDI Sdn Bhd for the proposed development of a 38-storey building with 10 levels of podium for Platinum Park in Kuala Lumpur.

Jetson Construction had a 60% stake in the JV, which is aimed at pooling and sharing resources in technical and management skills, finance and equipment.

It said that the termination is due to the three parties were not able to come to a consensus in relation to the payment arrangement in respect of the first progress payment.
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Old August 20th, 2010, 03:21 AM   #33
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Quote:
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Interesting to note that most of the buildings in this area opted for shallow basement!!
Scared of flooding perhaps?, KL is prone to have flash floods when it rains very heavily and basements are the first one to be filled up with flood water.
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Old August 20th, 2010, 07:23 AM   #34
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Originally Posted by rizalhakim View Post
Jetson Construction ends JV with China firm
By Racheal Lee of theedgeproperty.com
Wednesday, 18 August 2010 20:13

KUALA LUMPUR: Kumpulan Jetson Bhd’s wholly owned subsidiary Jetson Construction Sdn Bhd (JCSB) and China State Construction Engineering (Hong Kong) Ltd has terminated their joint venture (JV) agreement that was entered in May.

The construction firm said on Wednesday, Aug 18 that the JV was formed to prepare and submit a tender invited by Naza TTDI Sdn Bhd for the proposed development of a 38-storey building with 10 levels of podium for Platinum Park in Kuala Lumpur.

Jetson Construction had a 60% stake in the JV, which is aimed at pooling and sharing resources in technical and management skills, finance and equipment.

It said that the termination is due to the three parties were not able to come to a consensus in relation to the payment arrangement in respect of the first progress payment.
superstucture already call for tender few days ago..many picked up tender documents..shd be very competitive...
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Old August 20th, 2010, 02:32 PM   #35
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Scared of flooding perhaps?, KL is prone to have flash floods when it rains very heavily and basements are the first one to be filled up with flood water.
this is rare. usually they rely on monitoring devices tht check the drainage level in the basement, which can activate the water pumps promptly.
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Old August 20th, 2010, 06:28 PM   #36
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I see James, thanks btw, but remember the days before these technologies or smart tunnel was invented, KL used to flood alot hehe.
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Old September 6th, 2010, 03:06 AM   #37
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Taken from http://www.naza.com.my/index.php?pag...latest&news=17



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Old September 6th, 2010, 03:24 AM   #38
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i bet dis project will be delay huh....
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Old October 16th, 2010, 06:06 PM   #39
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Old October 19th, 2010, 01:22 AM   #40
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image hosted on flickr

http://www.flickr.com/photos/32205789@N00/5065044302/
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