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Old April 28th, 2008, 05:23 AM   #1
rizalhakim
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Puchong developments going up-market

WITH property prices in the developed areas of Petaling Jaya and Subang Jaya having appreciated sharply, young families who are keen to own landed properties but face limited budgets are venturing into the Klang Valley's southern corridor. This is especially in the popular Puchong neighbourhood.

“From standard terrace units and high-rise apartments, Puchong folks have since graduated to high-end homes such as semi-Ds and bungalows set within themed gardens and landscaped environment as well as upmarket condominiums with all the trappings of modern luxury,” SP Setia Bhd group managing director Tan Sri Liew Kee Sin said.

He said that as developments moved further away, developers were compelled to stand out from the clutter and market their offerings with value-added features and innovative designs to woo buyers who didn’t mind a slightly longer drive as long as the new development offered more enticing proposition.

Property consultants said rising land prices in central Klang Valley had spurred property buyers to look for better bargains in the southern corridor that still had relatively affordable properties to offer.

“With house prices having climbed in other areas, neighbourhoods like Puchong, Seri Kembangan and other parts of the southern corridor are becoming more popular for those looking for more affordable housing,” said PPC International Sdn Bhd executive director Thiruselvam Arumugam.

SK Brothers Realty (M) Sdn Bhd general manager Chan Ai Cheng said the southern corridor was a good area for developing landed housing units such as double terrace houses, semi-detached units and bungalows for families.

She said transaction prices of property had also shown steady growth over the years.

“People normally buy the properties in Southern Klang Valley for own stay,” she added.

According to Chan, there is a good mix of buyers in the area in terms of race and income.

Double-storey terrace houses in prominent existing projects such as Putra Heights, Bandar Puteri, Bandar Bukit Jalil, Taman Puncak Jalil, Bandar Kinrara and Bandar Puchong Jaya are sold from RM200,000 to RM750,000.

Thiruselvam said the rental for a standard double storey terrace house in these areas ranged from RM400 to RM2,000 per month.

He said the rental appreciated only by 2% to 3%, whereas capital appreciation for houses was good with prices rising 100% over the past decade.

According to him, Southern Klang Valley units are mainly for residence, rather than bought for speculation or investment.

Reapfield Properties Sdn Bhd president David Ong said the main draw to Southern Klang Valley was affordable house prices although factors such as value investing and property speculation could not be easily discounted.

“Prices of houses have peaked significantly in the central region of the Klang Valley, giving rise to an outward flow of the purchasing population to both the north and south of the Klang Valley,” he said.

Many buyers have sought investment opportunities by purchasing large bungalow plots, bungalows and semi-detached homes in this area on expectation that prices will increase significantly over the course of the next decade.

“While property prices can be said to be affordable or cheaper here than in the prime city areas, the high petrol prices and higher toll rates have started to cause a reverse migration effect,” Ong said.

Many buyers who bought in the fringe or secondary areas of the Klang Valley are starting to drift slowly back to the city as the benefits of lower housing instalments become significantly offset by higher price of fuel and toll rates.

“It now makes sense to some people to buy smaller apartments or flats in strong city locations rather than pay for cheaper houses outside central Klang Valley but end up bearing increased living expenses via higher fuel prices and increasing toll rates,” he said.
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Old April 28th, 2008, 05:23 AM   #2
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Puchong

High demand seen for commercial space

THERE is robust demand for commercial space in Southern Klang Valley but inadequate supply of quality commercial space.

With the increasing land value in the central business district of the Golden Triangle, buyers are slowly moving from the KL city centre to some areas outside the city.

Reapfield Properties Sdn Bhd corporate services head David Wong said the upcoming commercial projects in Puchong included the SetiaWalk project by SP Setia Bhd, expansion of the IOI Mall by IOI Properties Bhd as well as a mixed development project that would include office towers and shophouses in Bandar Puteri near the Giant hypermarket.

SetiaWalk, located on 20.8 acres in the mature township of Pusat Bandar Puchong, is one of the main commercial projects in Puchong. At its soft launch, 57 shop office units were sold.

PPC International Sdn Bhd Thiruselvam Arumugam said Puchong was an area with limited commercial development projects.

Most of its commercial developments centre along Jalan Puchong in Bandar Puchong Jaya and focus on sundry businesses.

He said the Giant hypermarket in Bandar Kinrara, Tesco hypermarket in Pusat Bandar Puchong and IOI Mall Puchong were among the significant commercial buildings in Puchong that drew in the crowd to the area.

Shopping malls such as the Alamanda Putrajaya, Jusco Equine Park and Subang Parade have continued to receive good occupation and rental prices. In Seri Kembangan, Equine Park was the only dominant commercial project, said Wong, adding that there was no upcoming commercial development in the area.

Demand for corporate offices was lower in Seri Kembangan than for retail shops.

Developers are competing to launch high-end condominium projects in Subang on commercial-titled lands.

According to Wong, there is a trend to build commercial buildings within five km from the KL city centre.

However, there would be a limit to the supply of commercial buildings in Southern Klang Valley as there was limited demand for corporate offices beyond this five km fringe, he said.
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Old April 28th, 2008, 05:26 AM   #3
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Residential property prices and rental rising

THE many developments that have sprouted in the southern corridor have given a boost to property values. These developments range from townships and niche residential enclaves in Puchong, Bandar Kinrara and Seri Kembangan to the intelligent cities of Putrajaya and Cyberjaya.

Zerin Properties chief executive officer Previndran Singhe said that in the past five years, prices of residential properties had appreciated by at least 30% to 40% while rental rates in Cyberjaya were more than RM4.00 per sq ft.


Previndran Singhe

With Puchong fast transforming into a robust residential and commercial address, the iconic Putrajaya and Cyberjaya cities are in line to see a boom next.

The federal administrative capital of Putrajaya with the advantage of a well thought-out master plan incorporating the best of what technology and nature have to offer has shaped up as the country's first intelligent garden city.

The city also benefits from first-class amenities such as the Garden International School, Alamanda Shopping Centre and a medical centre.

Cyberjaya is also shaping up well as a world-class intelligent city for international information and communications technology (ICT) enterprises, complete with residential and commercial enclaves.

IOI Properties Bhd director Datuk David Tan said the garden concept of Putrajaya and Cyberjaya was setting the tone for development in the other parts of the southern corridor with more inclination towards modern aesthetic buildings with lush landscaping.

IOI Properties, which is one of the pioneer property companies that have made it big in the southern corridor, notably Puchong in the early 1990s, still believes in the corridor’s potential.

According to Tan, the company's developments in the Klang Valley have been moving southwards, stretching from Taman Mayang in Petaling Jaya to Bandar Puchong Jaya and Bandar Puteri Puchong.

Having built the 926-acre Bandar Puchong Jaya and 930-acre Bandar Puteri Puchong, the company has gone on to develop the IOI Resort City on 788 acres on the fringe of Putrajaya.

More projects under way

Tan said the next project lined up would be Sierra Puteri on 550 acres at the entrance to Cyberjaya, which has direct access from the LDP-Serdang Interchange.


The SetiaWalk in Pusat Bandar Puchong.

“Sierra Puteri has been carefully planned after taking into consideration the needs of house buyers. We have gained valuable feedback from our buyers and have new concepts and ideas on housing and environmental designs that will fulfil their more discerning expectations,” he added.

Earthworks for the new township have been completed and infrastructure work is in progress now.

Sierra Puteri will comprise terrace and semi-detached houses, bungalows and apartments as well as a town centre fronting the Damansara-Puchong Expressway (LDP) and South Klang Valley Expressway (SKVE).

In Puchong, IOI Properties will be launching IOI Boulevard comprising retail/office blocks with lifts and basement carparks next month.

IOI to build Puchong Financial Corporate Centre

Coming up next will be the Puchong Financial Corporate Centre (PFCC) in Bandar Puteri Puchong comprising Class A office buildings.

At the IOI Resort, which still has 540 acres available for development, plans are underway to build lake-front offices fronting the main entrance into Putrajaya; exclusive bungalows in Diamond Hill that overlook the scenic Putrajaya views; a mega shopping mall and office buildings along the SKVE; and condominiums.

At IOI Resort's Beverly Row, 80 exclusive bungalows will be built for long-term lease to corporate clientele. So far, 37 bungalows have been completed.

SP Setia group managing director and chief executive officer Tan Sri Liew Kee Sin said that with the sophisticated population flocking to Puchong from all parts of the Klang Valley, “the time is ripe for more commercial action in the area.”

SP Setia Bhd's 700-acre Pusat Bandar Puchong has grown into a mature township with 8,000 units of properties and a population of some 32,000.

SetiaWalk set to be niche commercial project

“Our next challenge is to change the face of Puchong with a niche commercial project, SetiaWalk, that will revolutionise the people's lifestyle experience. The integrated residential and commercial development comprising retail blocks, offices, an entertainment complex, service apartments and residential apartments will appeal to the trend-conscious younger clientele.

“SetiaWalk is set to combine all the elements of live, learn, work and play through a seamless blend of astute planning, imaginative architecture and creative landscaping,” Liew said.

In Putrajaya, SP Setia's associate Setia Putrajaya Sdn Bhd is developing Precincts 9 and 15.

Park Village - a high-end residential private condominium villa complex within a secure, gated compound – will be launched in Precinct 15 in the third quarter of this year.

The project comprising 120 luxury villas in the sky will incorporate contemporary tropical designs.
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Old April 28th, 2008, 05:30 AM   #4
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Quote:
Originally Posted by rizalhakim View Post


Quote:
Originally Posted by rizalhakim View Post





http://www.myioi.com

Company Profile: Listed on the Bursa Malaysia in April 1985, IOI Properties Berhad is currently one of the top market capitalization property companies in Malaysia and a highly featured award-winning developer.

Innovative, organized and invigorating are key words featured for all developments by the company. A reputable township developer, the company offers real estates within the Puchong growth corridor, Putrajaya, Penang and southern Johor.

Currently on offer are stately and elegant homes such as mansions in Diamond Hill and luxury condominiums at The Fettes Residences and Puteri Palma. Equally fascinating are modern futuristic office towers at the Puchong Corporate Financial Centre (PCFC)

from cityscape2008 sgpore

got any idea bout their luxury condo?

Last edited by rizalhakim; March 18th, 2009 at 07:48 AM.
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Old April 28th, 2008, 05:32 AM   #5
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The draw of the southern corridor
Stories by ANGIE NG and SHANNEN WONG

The Klang Valley's southern corridor is growing rapidly, with the landscape going through dynamic changes over the last decade. More trendy residential and commercial projects can be expected.

THE Klang Valley's southern corridor is set for more activities as developers and property investors continue to see good upside potential in the bustling corridor.

Until a few years ago, it was one of the few corridors in the Klang Valley that had large tracts of estate land that were suitable for property development. But in the past decade many new townships and projects have emerged.


An exclusive bungalow at 101 Resort Putrajaya

However, with building activities increasing in the past decade, sizeable pieces of land are not easy to come by these days. As land sizes shrank, the cost of land has escalated.

Land prices in Cyberjaya and Putrajaya have risen to between RM25 and RM100 per sq ft (psf), depending on location, from less than RM10 psf about eight years ago.

Developers who have the foresight to lock in vast tracts of land here have secured “goldmines” and went on to reap a fortune from their developments.

Key property developers in the robust southern corridor include IOI Properties Bhd, SP Setia Bhd, Island & Peninsular Bhd, Bukit Hitam Development Sdn Bhd, Putrajaya Holdings Sdn Bhd and Setia Haruman Sdn Bhd.


Datuk David Tan
According to IOI Properties director Datuk David Tan, the large land tracts have enabled the development of well planned integrated townships with good infrastructure, commercial hubs, modern amenities, employment opportunities and secure neighbourhoods in the corridor.

“The southern corridor has proven to be a preferred choice with its high accessibility, modern infrastructure and employment opportunities,” Tan said.

The pull of the corridor has been further enhanced with the good road network including the Damansara-Puchong Expressway (LDP), North South Expressway Central Link (Elite), South Klang Valley Expressway (SKVE), KL-Putrajaya dedicated highway and the North-South Expressway.

Stretching from Puchong and Seri Kembangan to Sepang, Putrajaya and Cyberjaya, remarkable growth in the form of new townships and infrastructure network, have spawned many new opportunities.

New centre of gravity

“The pull of Putrajaya, Cyberjaya, KL International Airport and Sepang International Circuit remains strong, and this has contributed to Klang Valley's new centre of gravity moving southwards towards Sepang.

“The northern part of Sepang that covers Cyberjaya and Putrajaya will experience a faster growth rate, especially with the completion of the SKVE project and the dedicated Kuala Lumpur-Putrajaya Highway that was completed last December.

“Within the next three to five years, the growth in this corridor will continue to outpace other parts of the Klang Valley,” Tan added.


Tan Sri Liew Kee Sin
SP Setia Bhd group managing director Tan Sri Liew Kee Sin said that based on the draft local plan, Puchong could look forward to more exciting times as an estimated RM3.1bil was expected to be pumped in for infrastructure improvement by the local council over the next 12 years.

“Among the facilities and amenities that residents can expect in the near future are the proposed Puchong light rail transit station and a RM10mil international camping site at the gazetted Ayer Hitam Forest Reserve,” Liew said.

He said Puchong was at the forefront of the transformation of the southern corridor with a rapidly expanding population, which is estimated at 250,000 today.

Highways turns Puchong into a fast- growing centre

The completion of highway networks has largely elevated Puchong into one of the fast-growing centres in the corridor.

Tan said that under the Selangor Structure Plan, parts of the southern districts of Sepang and Kuala Langat had been designated as Klang Valley 2.

Klang Valley 2 encompasses the federal administrative capital of Putrajaya and the information and communications technology-centred Cyberjaya on one end, and the KLIA and Sepang F1 racing circuit on the other. It also includes the area along the coast north of Sepang GoldCoast as far as Morib.

“It is a worthwhile initiative to ensure more well-planned developments, both residential and commercial, whereby private developers will complement the efforts of the public sector to further enhance the vibrancy of the corridor.

“To ensure more quality lifestyle for the people, Klang Valley 2 should avoid the problems of the existing Klang Valley and provide the right environment for living, recreation, education and work,” Tan said.
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Old May 24th, 2008, 06:19 AM   #6
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Old May 24th, 2008, 06:20 AM   #7
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Old May 24th, 2008, 06:20 AM   #8
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Old June 25th, 2008, 06:57 AM   #9
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All Puchong folks want is a proper hospital
By THO XIN YI


THE clock ticked at 9am – an hour after the Puchong Community Clinic at the 14th Mile, Jalan Puchong, had opened its doors – and the single-storey structure was already bustling with activity.

People, including babies and ex-pectant mothers, filled the registration room and waiting areas, hoping that their turns to be attended to would come sooner.

Among them was Bawani Dulan Daran, who accompanied her sister to seek treatment.


Come on in: Patients even have to wait outside the Puchong Community Clinic.

“We have been waiting for an hour but there are 30 more numbers before her turn,” she said, showing the four digits on the little paper in her hand and gesturing at the electronic number board.

The 22-year-old factory worker has been frequenting the government clinic for the past three years and she has a few grouses.

“We have to wait for a very long time before our numbers are called. And they don’t issue medical certificates - all I got were time slips to dock off some hours from work,” she said.

In cases where she felt she really needed to take a day off, she would take a bus to get to Universiti Hospital for treatment.

“The journey alone will take me an hour,” she said.


Also available: The Pulai Meranti Rural Clinic is also open to Puchong folks.

But there is a reason why she still comes back to this clinic despite the hiccups.

“I cannot afford to pay the bills for a private hospital or private clinics while I only have to pay RM1 here,” she said. Another patient, who did not want to be named, said it was not doctors who attended to the patients.

“Usually, we are checked by nurses or other medical attendants,” he said.

Despite an estimated population of 300,000 – most of whom are from the middle- or lower-income groups, there is no government hospital in the area to cater to the residents’ needs.

The nearest government hospitals are in Petaling Jaya, Serdang and Putrajaya.

Previously, the Kinrara Army Camp did provide medical services but it was closed in 2002 when the camp was relocated to Pahang.

The polyclinic at Batu 14, which also provides dental services, is closed on Saturday, Sunday and public holidays. The only option for residents is to ask for leave during the weekdays to seek treatment.


Long wait: Patients settling in as they wait for their numbers to be called.

This, naturally, explained the large turnout at the polyclinic and the people’s impatience.

When the polyclinic resumed operations after the lunch break, patients who were originally sitting or standing idly outside the locked clinic suddenly sprang into action.

They crowded around the main entrance and, as soon as the doors opened, they rushed in to get their numbers from the machine.

The elderly were not given any priority and an irritated woman was overheard complaining about another patient who cut her queue.

“Puchong needs a government hospital of its own,” special assistant to Seri Serdang assemblyman Datuk Dr Mohd Satim Diman Awtar Singh said.

“There is no direct bus service to Serdang and Putrajaya and the facilities at this polyclinic are insufficient,” he said.

He suggested building a hospital where the polyclinic was located at the moment.


Another option: Residents can also visit the Petaling Bahagia Community Clinic at the Sixth Mile.

“This place is spacious and a multi-storey building can be built here,” he said, pointing at the land in the compound of the polyclinic, which was used by the public to park their vehicles.

Puchong MP Gobind Singh Deo said he had raised this issue in Parliament and the reply he received was that the polyclinic had most of the necessary facilities.

“While building a general hospital takes time, what we can now do is to get the federal government to upgrade the polyclinic,” he said.

He suggested having more nurses and permanent doctors at the polyclinic, for a start.

“I will invite Health Minister Datuk Liow Tiong Lai to visit this polyclinic and see how we can improve the system,” Gobind said.

Selangor Health, Estate Workers Affairs, Poverty Eradication and Caring Government committee chairman Dr Xavier Jayakumar felt that the need to have a government hospital in Puchong was a timely request.

“With the petrol price increase, there will be more people seeking treatment at government hospitals, and a big hospital is needed in Puchong,” he said.

The duty to provide healthcare falls under the responsibility of the federal government and Dr Xavier pointed out that besides the physical facilities, the government should also increase the expenditure on the administrative side.

“We need more doctors and medical staff.

“There shouldn’t be a wide disparity between the salary of doctors serving in public hospitals and those in private ones,” he said.

Dr Xavier added that the government hospital in Klang needed to be upgraded as well since it could not meet the needs of the large number of patients anymore.

“It is not the time yet to talk about privatising the healthcare system,” he said.
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Old June 25th, 2008, 06:58 AM   #10
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Puchong folks have other options


FORMER Kinrara assemblyman Dr Kow Cheong Wei acknowledged that the Puchong Community Polyclinic was overcrowded.

“Actually, there is 0.8ha land near the Giant Hypermarket and golf club in Bandar Kinrara that is reserved for another polyclinic. We have been following the matter closely,” he said.


Dr Kow: They can also use the government hospitals at Serdang and Putrajaya.
In the meantime, he said Puchong residents could also visit the Petaling Bahagia Community Polyclinic and Pulai Meranti Rural Clinic.

The Petaling polyclinic is at the Sixth Mile of Jalan Puchong while the Pulai Meranti clinic is in Kampung Kenangan, after the Puchong Barat toll plaza of the Damansara-Puchong Highway.

“During my term, I had allocated some funds for Pulai Meranti clinic to upgrade its facilities,” he said.

Kow added that Puchong residents could also use the facilities at the government hospitals in Serdang and Putrajaya.

“Hospital Serdang also caters to them. It was only named such because at the time it was built, Puchong was still under the Serdang parliamentary constituency.

“It only takes about 15 minutes for Puchong residents to reach the hospital,” he said.

As for private medical services, Kow said there were two hospitals in Bandar Puteri Puchong – Columbia Asia and KPMC Puchong Medical Centre.

“There are also private hospitals in Subang Jaya and Bandar Sunway,” he said.
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Old July 31st, 2008, 06:44 AM   #11
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The Zest@Kinrara9









...project consists of shop/office lots n service apartmnts....cek out their version of LRT, haha..dats monorial right!!!...
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Old July 31st, 2008, 07:21 AM   #12
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for me it's high time for Puchong to be developed just like that
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Brings Malaysia Mortgage and Malaysia Propertyto the nth degree
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Old August 28th, 2008, 06:33 AM   #13
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Link to be ready in September
By THO XIN YI


THE missing link between Puchong Hartamas and Bandar Puteri Puchong will be completed by September, says the Subang Jaya Municipal Council (MPSJ).

The 300m link was supposed to have been completed in May, following the negotiations in April.

It was agreed that the developers from both residential areas and the MPSJ would build the road together.

The plan was for the developers to lengthen the roads that serve as entrances into their respective areas, and once the works were done, MPSJ would connect these two entrances to form a link.


So slow: Teresa (fourth from left), Chong (second from right) and representatives from the developers inspecting the construction of the road.

At the moment, the developers have done their part and it is now left to the council to link up the entrances.

When visiting the construction site recently, Kinrara assemblyman Teresa Kok expressed her dissatisfaction towards the delay.

“The construction of the road linking two neighbouring residential areas is a simple project, and MPSJ has many qualified engineers, so why is there a delay?” she asked.

MPSJ councillor Gary Chong pointed out that due to the lack of supervision and examination from the council, one of the developers did not construct the road based on the proposed level.

“Now, the level of the two entrances are different and it makes the linking difficult,” he said.

When contacted, a spokesperson from MPSJ said the delay was due to a technical problem involving the gradient of the road.

“It’s all right now, we will continue with the construction. Also, we need to raise the manhole as there is a water pipe underneath the road.

“This is to facilitate any servicing works in the future for Syabas,” he said.

He promised the road would be completed by Sept 21.
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Old August 28th, 2008, 07:00 AM   #14
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Koi Tropika Service Residence-Phase E-Puchong













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Old August 28th, 2008, 07:01 AM   #15
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Old August 28th, 2008, 07:02 AM   #16
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Old August 28th, 2008, 07:04 AM   #17
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DESA MILLENNIA THE SMART TOWNSHIP
http://www.desamillennia.com


Last edited by rizalhakim; August 28th, 2008 at 07:14 AM.
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Old August 28th, 2008, 07:09 AM   #18
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Puchong's Mega project - Setiawalk By S.P.Setia Bhd





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Old August 28th, 2008, 07:10 AM   #19
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Old August 28th, 2008, 07:11 AM   #20
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image hosted on flickr



Dear all

We are proud to invite you for an exclusive preview of Solace@SetiaWalk, another high-rise living developed by S P Setia Group Berhad.

This freehold high-rise living will soon be unveiled to the public in September 2008.

The details of the Solace@SetiaWalk are summarized below for your easy reference.

Please do not hesitate to contact SetiaWalk Sales Personnel 03-5882 2255 for a personal preview.

We hope to hear from you soon!







3 towers of 26 storey freehold high-rise living with all the comfort and conveniences of modern living

Perfect accessibility to major population and financial areas
Located at the commercial belt of the southern Damansara-Puchong Highway (LDP)

Solace has all it takes for a home that completes you

Sky Garden
Grand Lobby
Resident Lounge
Environment Deck
Walk-in Wardrob
2-tier security
Unit Size range from 845sf to 4,512sf
Layouts – 1+1 Bedrooms to 3 Bedroom
Limited Loft and Garden units
Price range – above RM 275,000

Warmest Regards

S P Setia Berhad
Krishnamorthy 012-642 2584
Annabelle 012-681 6253
Michelle 03 - 5882 2255
Suhana 03 - 5882 2255
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