NAZA MATRADE DEVELOPMENTS | Kuala Lumpur ( Jalan Duta ) | General News & Updates - Page 8

SHAH FIRDAUS · October 1st, 2010, 05:35 AM

PM to launch majestic Matrade project in Nov
posted Sep 23, 2010 10:08 PM by CT Print
TnT Exclusive

News that the Naza brothers are to finalize their exit from Jetson soon (Star, Thurs 23 Sept) is poised to set the property-construction industry ablaze with excitement as expectations rise that Naza-TTDI is now able to finally set a date for the launch of the megalith and magical MATRADE project.

Sources have told us at TnT that the Prime Minister himself has consented to a date in November for the launch event of the year.

We are placing a wager that the momentous event will be held on Thursday, the 11th of November.

The MATRADE development will see the Naza-TTDI undertaking the construction, including planning and design, of an RM800 million expo centre off Jalan Duta, which will include world-class infrastructure to take in the biggest and longest exhibitions anyone dares to organize.

The project will also include construction of several mega-towers on an 63 acre land that was swapped with the government under of the largest of PFI (private financed initiative) deals.

This week's Pemandu road show confirms that part of the so-called greater KL redevelopment will include MATRADE, the US$5 billion Sungai Besi redevelopment projects, and the RM10 billion UDA-led Pudu redevelopment. This is in addition to the 1 Malaysia Financial District that is to take shape around the Jalan Imbi-Tun Razak area, which used to house colonial era government quarters. The 1MFD is to complement the Sungai Besi development, and Tnt has been made to understand that it will be the most likely project to launch as early as next year after Matrade.

These projects are the first under the government's RM1.3 trillion or US$444 billion Economic Transformation Program that will see Malaysia achieved developed status by year 2020.

Under our radar for some time now, the next Taikor (look out for our Taikor watch) and his sibling could be our own ‘boys to men’ fairy tale. Having had to take over the reigns of Naza on the premature demise of the family patron Tan Sri Nasimuddin Amin, the brothers are finally carving their own niches.

The MATRADE project is a major addition to the Naza-TTDI's on-going Platinum Park Project along one of KL’s most expensive realty, Jalan Stonor. The ground-breaking ceremony for the Platinum project was also officiated by Prime Minister Mohd Najib Tun Abdul Razak

The two Naza brothers have along the way acquired a 33% stake in Jetson (Kumpulan Jetson Berhad) in a move analysts and market observers saw as a statement of intent by the brothers to start making their mark. They had bought their shares ion Jetson from the company's co-founders - Isnin Rahim (then chairman and executive director) and brothers Teh (group managing director) and Tee Keng Kok (executive director), among others.

According to sources quoted by the Star, the Naza brothers decided to exit Jetson in view of some "unsettled financial issues" facing Jetson. It was learned that the brothers have been approached by suitors hoping to take Jetson's place. Among them are foreign players.

Meanwhile, the industry will also be celebrating UDA's 40th anniversary (next year) with a big bang. The redevelopment of the former Pudu Jail site by UDA will herald the return of the entity that was behind the development of Bukit Bintang and the sprawling Bandar Tun Hussein.

UDA was launched in 1971 by Tun Abdul Razak, and is currently under Chairman Datuk Nur Jazlan Mohamed, son of former Information Minister Tan Sri Mohamed Rahmat, a well supported man in UMNO.

The former Pudu Jail site, along with the Sungai Besi Airbase, slated for urban renewal under 1 Malaysia Development Berhad will certainly create a greater landscape that is set to propel KL further. 1MDB is headed by CEO Shahrol Azral, the son of a fireman who rose through the ranks from his days as an executive partner in the dynamic Accenture group.

The one thing that stands out in this greater Kl expansion is that it is spearheaded by young capable Malaysians, and the future it brings along with it makes it all the more interesting for us to keep watch on.

SHAH FIRDAUS · October 1st, 2010, 01:04 PM

patchay · November 20th, 2010, 04:11 PM

when is now the official ground breaking ceremony???

--------------------------------

dengilo · December 20th, 2010, 05:40 AM

Somekind of earthworks going on behind the matrade building along jalan putramas!!

patchay · December 20th, 2010, 03:50 PM

The Matrade Center project should start by now.

rizalhakim · December 21st, 2010, 05:18 AM

finally!!!
woo!!!!!!
look at the 100storey tower...dem hot baby!!!!

http://www.lamanpremium.com
http://www.lamanpremium.co.kr

guy4versa4 · December 21st, 2010, 06:22 AM

wow..betul kah....a really good news..!

James Foong · December 21st, 2010, 03:24 PM

malaysians had difficulty to accept 100-storey.

Look forward for 99 storey instead.

Victor18 · December 21st, 2010, 04:19 PM

Nice one James

patchay · December 21st, 2010, 06:05 PM

THis is incredibly awesomeeeeeeeeeeeeeeeee

guy4versa4 · December 21st, 2010, 06:25 PM

haha..maybe some facebooker will create another page-we rejected 100 storey naza tower plak..adui...

shasujka · December 21st, 2010, 07:24 PM

all we need just keep this baby in low profile, don't let it be like PNB project, fbers wont blow up. i think Najib may got lesson from his stupid announcement.

shasujka · December 21st, 2010, 07:28 PM

looks like tips of injection needle 2 me, someone from inside of earth inject it to outside.

cattivo · December 22nd, 2010, 02:31 AM

Quote:

Originally Posted by James Foong

malaysians had difficulty to accept 100-storey.

Look forward for 99 storey instead.

nice one!!

Munwon · December 22nd, 2010, 02:42 AM

Very nice!!! KL is getting some nice projects these days...

rizalhakim · December 22nd, 2010, 04:29 AM

Quote:

Originally Posted by rizalhakim

finally!!!
woo!!!!!!
look at the 100storey tower...dem hot baby!!!!

http://www.lamanpremium.com
http://www.lamanpremium.co.kr

look at the matrade tower n matrade ctr...so small huhu!!anyway wat will hapen wit the banglow below?

rizalhakim · December 22nd, 2010, 04:37 AM

another proposal

4 more and bigger render click http://www.wwarchitects.net/projects/index.html

cattivo · December 22nd, 2010, 06:50 AM

Quote:

Originally Posted by rizalhakim

look at the matrade tower n matrade ctr...so small huhu!!anyway wat will hapen wit the banglow below?

price will quickly go north..

dengilo · December 22nd, 2010, 09:09 AM

Quote:

Originally Posted by cattivo

price will quickly go north..

Those super exclusive!!!!Sesat maximum for that area!!!More and more new ones coming up!!I wonder who is the developer?and how much for those lots?

cattivo · December 22nd, 2010, 09:25 AM

Quote:

Originally Posted by dengilo

Those super exclusive!!!!Sesat maximum for that area!!!More and more new ones coming up!!I wonder who is the developer?and how much for those lots?

it's exclusive, imagine your house just less than 300 meters from soon to be tallest building in Malaysia.

December 21st, 2010, 04:19 PM	#149
Victor18 For Malaysia!! Join Date: Jul 2009 Location: Kuala Lumpur, London, Casablanca, Agadir, Tunis, Qatar, Tokyo, Singapore, Bangkok Posts: 911 Likes (Received): 8	Nice one James __________________ KUALA LUMPUR -கோலாலம்பூர் - 吉隆坡 -كوالا لومڤور Vision 2020: The Malaysian Skyscraper Forum

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

October 1st, 2010, 05:35 AM	#141
SHAH FIRDAUS Taller Is Better Join Date: Dec 2009 Location: Kota Anggerik Posts: 1,560 Likes (Received): 1	PM to launch majestic Matrade project in Nov posted Sep 23, 2010 10:08 PM by CT Print TnT Exclusive News that the Naza brothers are to finalize their exit from Jetson soon (Star, Thurs 23 Sept) is poised to set the property-construction industry ablaze with excitement as expectations rise that Naza-TTDI is now able to finally set a date for the launch of the megalith and magical MATRADE project. Sources have told us at TnT that the *Prime Minister himself has consented to a date in November for the launch event of the year.* We are placing a wager that the momentous event will be held on Thursday, the *11th of November.* The MATRADE development will see the Naza-TTDI undertaking the construction, including planning and design, of an *RM800 million expo centre off Jalan Duta,* which will include world-class infrastructure to take in the biggest and longest exhibitions anyone dares to organize. The project will also include construction of several mega-towers on an 63 acre land that was swapped with the government under of the largest of PFI (private financed initiative) deals. This week's Pemandu road show confirms that part of the so-called greater KL redevelopment will include MATRADE, the US$5 billion Sungai Besi redevelopment projects, and the RM10 billion UDA-led Pudu redevelopment. This is in addition to the 1 Malaysia Financial District that is to take shape around the Jalan Imbi-Tun Razak area, which used to house colonial era government quarters. The 1MFD is to complement the Sungai Besi development, and Tnt has been made to understand that it will be the most likely project to launch as early as next year after Matrade. These projects are the first under the government's RM1.3 trillion or US$444 billion Economic Transformation Program that will see Malaysia achieved developed status by year 2020. Under our radar for some time now, the next Taikor (look out for our Taikor watch) and his sibling could be our own ‘boys to men’ fairy tale. Having had to take over the reigns of Naza on the premature demise of the family patron Tan Sri Nasimuddin Amin, the brothers are finally carving their own niches. The MATRADE project is a major addition to the Naza-TTDI's on-going Platinum Park Project along one of KL’s most expensive realty, Jalan Stonor. The ground-breaking ceremony for the Platinum project was also officiated by Prime Minister Mohd Najib Tun Abdul Razak The two Naza brothers have along the way acquired a 33% stake in Jetson (Kumpulan Jetson Berhad) in a move analysts and market observers saw as a statement of intent by the brothers to start making their mark. They had bought their shares ion Jetson from the company's co-founders - Isnin Rahim (then chairman and executive director) and brothers Teh (group managing director) and Tee Keng Kok (executive director), among others. According to sources quoted by the Star, the Naza brothers decided to exit Jetson in view of some "unsettled financial issues" facing Jetson. It was learned that the brothers have been approached by suitors hoping to take Jetson's place. Among them are foreign players. Meanwhile, the industry will also be celebrating UDA's 40th anniversary (next year) with a big bang. The redevelopment of the former Pudu Jail site by UDA will herald the return of the entity that was behind the development of Bukit Bintang and the sprawling Bandar Tun Hussein. UDA was launched in 1971 by Tun Abdul Razak, and is currently under Chairman Datuk Nur Jazlan Mohamed, son of former Information Minister Tan Sri Mohamed Rahmat, a well supported man in UMNO. The former Pudu Jail site, along with the Sungai Besi Airbase, slated for urban renewal under 1 Malaysia Development Berhad will certainly create a greater landscape that is set to propel KL further. 1MDB is headed by CEO Shahrol Azral, the son of a fireman who rose through the ranks from his days as an executive partner in the dynamic Accenture group. The one thing that stands out in this greater Kl expansion is that it is spearheaded by young capable Malaysians, and the future it brings along with it makes it all the more interesting for us to keep watch on.

October 1st, 2010, 01:04 PM	#142
SHAH FIRDAUS Taller Is Better Join Date: Dec 2009 Location: Kota Anggerik Posts: 1,560 Likes (Received): 1

December 20th, 2010, 05:40 AM	#144
dengilo Registered User Join Date: Oct 2005 Posts: 5,918 Likes (Received): 144	Somekind of earthworks going on behind the matrade building along jalan putramas!!

December 21st, 2010, 05:18 AM	#146
rizalhakim PROUD 2 B MALAYSIAN Join Date: Nov 2007 Location: KL Posts: 32,392 Likes (Received): 176	finally!!! woo!!!!!! look at the 100storey tower...dem hot baby!!!! http://www.lamanpremium.com http://www.lamanpremium.co.kr

December 21st, 2010, 06:22 AM	#147
guy4versa4 BANNED Join Date: Oct 2009 Location: alor star Posts: 2,857 Likes (Received): 0	wow..betul kah....a really good news..!

December 21st, 2010, 03:24 PM	#148
James Foong Registered User Join Date: May 2005 Location: Kuala Lumpur Posts: 2,392 Likes (Received): 1	malaysians had difficulty to accept 100-storey. Look forward for 99 storey instead.

December 21st, 2010, 06:25 PM	#151
guy4versa4 BANNED Join Date: Oct 2009 Location: alor star Posts: 2,857 Likes (Received): 0	haha..maybe some facebooker will create another page-we rejected 100 storey naza tower plak..adui...

December 21st, 2010, 07:24 PM	#152
shasujka Registered User Join Date: Apr 2010 Location: Penang Posts: 113 Likes (Received): 0	all we need just keep this baby in low profile, don't let it be like PNB project, fbers wont blow up. i think Najib may got lesson from his stupid announcement.

December 21st, 2010, 07:28 PM	#153
shasujka Registered User Join Date: Apr 2010 Location: Penang Posts: 113 Likes (Received): 0	looks like tips of injection needle 2 me, someone from inside of earth inject it to outside.

December 22nd, 2010, 02:42 AM	#155
Munwon Registered User Join Date: Dec 2010 Location: Busan Posts: 1,561 Likes (Received): 67	Very nice!!! KL is getting some nice projects these days...

December 22nd, 2010, 04:37 AM	#157
rizalhakim PROUD 2 B MALAYSIAN Join Date: Nov 2007 Location: KL Posts: 32,392 Likes (Received): 176	another proposal 4 more and bigger render click http://www.wwarchitects.net/projects/index.html