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Old January 11th, 2008, 03:51 AM   #181
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PKNS sasar hartanah tunjang ekonomi


PERBADANAN Kemajuan Negeri Selangor (PKNS), anak syarikat kerajaan Selangor, mensasarkan bidang hartanah menerusi pembangunan perumahan, kedai dan kompleks perniagaan, kilang dan penempatan semula setinggan, sebagai tunjang utama ekonominya.

Pengurus Besarnya, Datuk Harun Salim, berkata beberapa strategi berkesan sudah dikenal pasti untuk memastikan PKNS terus menjadi penyumbang utama kepada kerajaan negeri.

Antara pembangunan sosio-ekonomi itu, katanya, ialah menerusi pembangunan bandar baru, kawasan perumahan, perindustrian dan menggalakkan pertumbuhan masyarakat usahawan Bumiputera yang menjurus kepada peningkatan taraf hidup serta kesejahteraan rakyat.



“Misi sebagai peneraju pembangunan menjadikan PKNS terus bertindak sebagai penggerak industri hartanah dan pembangunan di Selangor,” katanya ketika ditemui di Petaling Jaya, baru-baru ini.

Beliau berkata, bagi mencapai hasrat itu, PKNS menyediakan pembangunan hartanah mampu milik daripada peringkat pembangunan kawasan kediaman hingga kepada pembangunan bagi tujuan aktiviti ekonomi dan perdagangan bagi semua peringkat masyarakat.

Sehingga kini, PKNS membangunkan bandar moden seperti Shah Alam, Kelana Jaya, Kota Damansara, Kota Puteri, Antara Gapi dan Bernam Jaya.

“Kejayaan membangunkan bandar moden itu adalah penanda aras kepada PKNS untuk bergerak dengan lebih yakin membangunkan bandar seumpama pada masa depan,” katanya.

Pada 2007, Harun berkata, PKNS membina 1,478 unit kediaman pelbagai jenis dan menyediakan kemudahan perumahan kepada kira-kira 7,500 penduduk Selangor.

Katanya, daripada jumlah itu, 1,080 unit (73 peratus) adalah jenis kos sederhana dan 398 unit (23 peratus) jenis mewah.

Beliau berkata, tahun lalu saja, PKNS menyiapkan 1,504 unit pelbagai hartanah merangkumi rumah kediaman, kedai dan kilang.

“Dalam tempoh Rancangan Malaysia Kesembilan (RMK-9), PKNS merancang membina 16,038 unit bangunan bernilai RM1.9 bilion berbanding 28,978 unit bangunan bernilai RM1.9 bilion dalam Rancangan Malaysia Kelapan (RMK-8).

“Ia adalah pengurangan 45 peratus dari segi unit dan masih kekal dari segi nilai, disebabkan jumlah tanah dan tanah berpotensi tinggi yang boleh dimajukan segera semakin mengecil,” katanya.

Harun menambah, pengurangan terbesar membabitkan pembinaan 60 unit kilang atau pengurangan 86 peratus bagi tempoh RMK-9 berbanding 442 unit dalam RMK-8 dan mengurangkan pembinaan 45 peratus rumah kepada 12,508 unit dalam RMK-9 daripada 27,780 unit ketika RMK-8.

Katanya, untuk memastikan pembangunan hartanah terus seimbang dengan permintaan pembeli, PKNS memperbanyakkan projek kos sederhana dan kos tinggi.

“Pendekatan ini perlu bagi memastikan sumber pendapatan berterusan, di samping pembinaan rumah mampu milik bagi memenuhi permintaan rakyat,” katanya.

Bagi memantapkan operasi, beliau berkata, PKNS juga akan memastikan projek disiapkan dan dijual mengikut jadual supaya sumber pendapatan dapat dikekalkan untuk pembiayaan kos pembangunan dan komitmen lain.

Selain itu, Harun berkata, program pembangunan kedai bertujuan mewujudkan peluang perniagaan dan perdagangan melalui pembinaan kedai, kompleks dan ruang perniagaan.

“Lokasi strategik sudah dipilih untuk membina kedai, kompleks dan ruang perniagaan bagi membantu menjayakan usaha program Masyarakat Perdagangan dan Perindustrian Bumiputera,” katanya.

Sehingga 2007, PKNS menyiapkan 3,865 unit kedai dan pejabat di merata pusat pertumbuhan baru yang dimajukan seperti di Shah Alam, Bangi dan Kelana Jaya, selain 26 unit rumah kedai. - Bernama
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Old January 13th, 2008, 10:32 AM   #182
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Bandar Raya buys Subang Jaya land for RM126m
Bandar Raya's unit Impiana Impresif will buy the land from Kee Hup Properties for a project which is expected to generate gross development profit of RM500 million

Published: 2008/01/11


BANDAR Raya Developments Bhd (BRDB) has bought a 10.2ha piece of land in Subang Jaya for RM125.86 million with plans to turn it into a mixed-use development featuring retail, street retail, office suites and apartments.

BRDB chief executive officer, Datuk Jagan Sabapathy said the project is expected to generate gross development value of about RM1.5 billion and gross development profit of about RM500 million.

With an estimated gross built-up area of five million sq ft, the development is expected to be carried out in four to five phases over seven to eight years with the first phase expected to begin in 2009.

"We are hoping to start work on the land as soon as possible as we believe there is strong demand for a decentralised commercial centre in the Subang Jaya/ Petaling Jaya area. Our target is to start within the next 12 months," he said.

He said BRDB will continue evaluating and purchasing land in prime areas to ensure enhancement of the company's earnings.

BRDB's wholly-owned unit, Impiana Impresif Sdn Bhd, yesterday entered into a conditional agreement to buy the land from Kee Hup Properties Sdn Bhd (KHPSB), a wholly-owned unt of Kee Hup Holdings Bhd.

The company will use the group's own funds and borrow from banks to pay for the purchase.
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Old January 14th, 2008, 06:54 AM   #183
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Menara Rajawali @ Section 15 Subang Jaya

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Old January 16th, 2008, 07:24 AM   #184
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Subang project seen boosting Bandar Raya earnings


Published: 2008/01/15


BANDAR Raya Developments Bhd's (BRDB) recent purchase of a 10.1ha site in Subang Jaya will provide another catalyst for sustainable earnings growth for the property developer post-2009.

OSK Research Sdn Bhd analyst Mervin Chow Yan Hoong said this project is able to leverage on its prime location of Subang, with easy accessibility from the Federal Highway.

"And with the apartments priced in the region of RM250,000 to RM350,000, they will be affordable to most Klang Valley households with monthly income of more than RM5,200," he wrote in a note on Monday.

BRDB recently announced plans to undertake a mixed integrated development on the land, comprising retail, street retail, designer and office suites, and residential apartments.

With potential gross development value of RM1.5 billion, the project is to be carried out within seven to eight years with the first phase expected to be launched by early 2009.

Chow also said that it is becoming more apparent that BRDB is slowly differentiating itself by moving into developments of niche and integrated products, probably to replicate the successful "Mid-Valley City" model in a medium scale.

He is maintaining a "buy" rating and a price target of RM4.27 on BRDB shares.

"Pending the finalisation of a more refined development plan, potential earnings will not be incorporated into our valuation model just yet," he added.
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Old January 22nd, 2008, 08:01 AM   #185
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Meda to sell The Summit Subang for RM260m

MAJORITY shareholders of property developer Meda Inc Bhd bulldozed their way for the sale of its well-performing mixed commercial complex at the company's extraordinary general meeting (EGM) yesterday.

The Summit Subang USJ in Subang Jaya will be sold to AmFirst Real Estate Investment Trust for RM260 million after majority votes approved the sale.

However, some minority shareholders met by reporters outside the EGM held at The Summit Hotel said they had voted against the sale of the commercial complex because the asset provided value to the company.

With current occupancy of the office tower at 100 per cent, the hotel at 64 per cent, and the retail complex at 93 per cent, the complex generates a gross annual income of RM36.12 million.

These shareholders also voiced their desire for dividend payments, which the company has not declared since 2003.

The company posted net losses of RM85.7 million against revenue of RM47.1 million for the nine-month period ended September 2007 due to soft property development activities for financial year ended December 31, 2007.

For FY06, Meda's net profit was RM15.65 million against revenue of RM153.57 million.

Meda aims to use the sales proceed of Summit Subang USJ to help retire bank borrowings of RM179.85 million while the balance will be used to grow its core business of property development.

The property, comprising the 15-storey Menara Summit office tower block, the 17-storey The Summit Hotel with 2,125 car-parking bays and a six-storey retail podium, carries a net book value of RM339.6 million as at December 31, 2006.

When met by reporters, company secretary Tai Siew May said the motion was carried through with 97 per cent of the votes, but declined to elaborate.

The board of directors also evaded questions posed by the press, who waited for them outside the EGM venue.

Some shareholders had disagreed with the method of voting, saying Meda could have opted for a show of hands instead of use a ballot.

However, when contacted later by Business Times, Tai said the Meda chairman had decided to have a poll because it was an important transaction that needed to be counted correctly. She would not comment further.

By New Straits Times (by Jeeva Arulapalam)
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Old January 22nd, 2008, 08:41 AM   #186
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MBO to open flagship cineplex at Klang’s new mall
22 Jan 2008 12:14 PM
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KUALA LUMPUR: MCAT Box Office Sdn Bhd (MBO), a locally established cineplex operator, has teamed up with HARBOUR PLACE for its largest and most ambitious cineplex operations to date at the Klang mall which is scheduled to be opened by mid-2008.

MBO chief operating officer Ikmal Nizam Ariffin said the launch of MBO Cineplexes @ HARBOUR PLACE would mark one of the first of a series of cineplex openings by MBO throughout the country, as part of its aggressive expansion plan for the next three years.

Located at Persiaran Raja Muda Musa, HARBOUR PLACE is a retail and office development by Chestar Properties Sdn Bhd, with 450,000 square feet of retail space.

“By far, it has been MBO’s strategy to target suburban locations to set up its cineplexes to tap the huge market of 18-35 year olds who want to catch movies without the hassle of going into the city centre,” he said.

MBO Cineplexes @ HARBOUR PLACE will have a total of 10 screening halls, covering up to 40,000 square feet. MBO Cineplexes will be one of the key tenants at HARBOUR PLACE.

Established in 2004, MBO currently operates three cineplexes, MBO Galaxy Cineplex (Ampang, Selangor) with 10 screens; MBO Cineplex in Kluang, Johor with five screens; and MBO Cineplex Melaka (Ayer Keroh Melaka) with seven screens.

HARBOUR PLACE general manager Kenny Chin said: “HARBOUR PLACE will have a sophisticated beat and feel to it, as never before available in Klang. We are confident that this MBO-HARBOUR PLACE partnership will be a cohesive and highly successful one.”
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Old January 26th, 2008, 12:34 PM   #187
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Kelana Street Mall,near Giant

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Old January 28th, 2008, 04:21 AM   #188
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Project to be 'Mid Valley of Petaling Jaya'
By Presenna Nambiar Published: 2008/01/27




PJCC Development Sdn Bhd has sold RM50 million of properties under the first phase of its Petaling Jaya Commercial City (PJCC) development project.

The first phase, which is only 45 per cent complete, comprises the retail city precinct that offers three-, five- and eight-storey shop-lots.



The book value of the retail city is RM80 million, while the gross development value of the whole project is RM500 million.

PJCC Development sales and marketing manager Vincent Tai said the project will be mostly self-funded.

The overall development, scheduled for completion in 2014, houses four precincts over 13ha and will be developed in three phases.

Tai said that its location between the Mid Valley Megamall in Kuala Lumpur and the Sunway Pyramid in Petaling Jaya, as well as its relatively cheaper pricing, made it an attractive proposition for investors and businessmen.

"We want it to be the Mid Valley of Petaling Jaya," he told Business Times in an interview.

The development will also have serviced apartments, a hotel, an automotive city complex, a lake city complex, a shopping mall, a bazaar retail lot and a full-fledged college campus.

"We are planning to get a college to set up an on-site campus here, extending the college belt in Bandar Sunway and Subang Jaya. I think it will complement the development very well," Tai said.

PJCC Development is the owner and developer of the PJCC project.

The owners of PJCC Development are also shareholders of the Novotel Hotel in Kuala Lumpur and the Pulai Springs Resorts in Johor, which include Mah Siew Chean.

Tai also said that the company has received approval to build an ingress from the New Pantai Expressway (NPE) to the development.

He said the deal was for PJCC Development to maintain the ingress for 30 years for an disclosed sum.

"Accessibility to the development will not be a problem as, once the ingress is completed in a month's time, PJCC will be connected to the NPE as well as two other major highways."
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Old January 29th, 2008, 06:03 PM   #189
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NZX Ara Damansara by ahzhee


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Old February 2nd, 2008, 05:50 AM   #190
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MPSJ seeks owner of abandoned project
Saturday February 2, 2008
By LIM CHIA YING
TheStar

THE Subang Jaya Municipal Council (MPSJ) wants the owner of an abandoned construction project in USJ 1, opposite the Giant hypermarket and The Summit shopping mall, to come forward to resolve the matter.

If the owner doesn't turn up, the council may take legal action to forfeit the land.

The abandoned place was in the news recently when a 36-year-old man from Sabah was found dead at the site.

In the past, the council had released guppy fish into the derelict project site where some of its floors, which were meant to serve as basement car parking bays, were submerged in water.

Previously, some foreigners had also made the site their home while some even went in to fish and swim. The foreigners have since vacated the area.

According to MPSJ president Datuk Adnan Mohd Ikhsan, the problem is that the council is unable to trace its owner.

“We have also put up hoarding around the place but there are people who start prodding holes around to enter. These people go in to dive and camp there. I hope the public would not do such things in future and put themselves at risk,” he said.

Subang Jaya assemblyman Datuk Lee Hwa Beng said this is the second death occurred there, and he advised the public to not go into the abandoned site.

"The first incident was last year when a father took his 10-year-old son in there for fishing, and the son fell into the water and died," he said.

He also urged the land owner to show up. If he fails to do so in February, Lee will consider bringing the case to Petaling Land office to have the land confiscated.
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Old February 6th, 2008, 05:26 AM   #191
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CPB Construction dapat kontrak RM111.15 juta


CHASE Perdana Bhd menganugerahkan kerja subkontrak bernilai RM111.15 juta kepada anak syarikat milik penuhnya, CPB Construction Sdn Bhd, membabitkan projek pembangunan bercampur di Mukim Sungai Buloh, Selangor.

Dalam pengumuman kepada Bursa Malaysia semalam, syarikat itu menyatakan CPB Construction akan melaksanakan subkontrak itu bersama C & S Engineering Management Sdn Bhd pada asas 50:50.

Katanya, projek pembangunan campuran itu yang akan mula dilaksanakan menjelang suku pertama tahun ini, dijangka siap dalam tempoh 30 bulan bermula dari tarikh pemilikan tapak.



Kontrak utama projek berkenaan yang dimenangi Chase Perdana baru-baru ini daripada M K Project Management Sdn Bhd, membabitkan pembinaan dua blok komersial dan dua blok pangsapuri.

"Projek pembangunan berkenaan dijangka menyumbang secara positif kepada pendapatan kumpulan bagi tahun kewangan berakhir 31 Disember 2008, namun ia tidak memberi kesan terhadap modal saham berbayar dan terbitan syarikat," katanya. - Bernama


Chase Perdana gets RM111m job




CHASE Perdana Bhd has won a sub-contract worth RM111.15 million to complete two commercial blocks and two 20-storey apartment blocks in Sungai Buloh. The job was given to subsidiary CPB Construction Sdn Bhd from M.K. Project Management Sdn Bhd. It is due to start in the first quarter of 2008.

Last edited by rizalhakim; February 6th, 2008 at 05:32 AM.
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Old February 11th, 2008, 09:53 AM   #192
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EMPIRE SUBANG

ANY UPDATE????

image hosted on flickr

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Old February 11th, 2008, 09:54 AM   #193
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EMPIRE SUBANG



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Old February 12th, 2008, 05:51 AM   #194
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good news 4 selangor

Selangor approves RM8.2b investments
Published: 2008/02/11


THE Selangor government approved investments amounting to RM8.2 billion for manufacturing projects in the state for the first 10 months of last year.

Based on the amount, the state is now confident of reaching the RM10 billion target that had been set, said chief executive officer of Selangor State Investment Centre (SSIC) Bhd Datuk Mhd Jabar Ahmad Kembali.

He said the final figures for investments in the state last year will be announced by the Minister of International Trade and Industry Datuk Seri Rafidah Aziz this Thursday.

According to sources from the Malaysian Industrial Development Authority, the figure registered by Selangor was among the highest recorded by the states in Malaysia.

Of the RM8.2 billion, some RM3.5 billion were foreign investments including from Japan, Germany and the United Kingdom.

Mhd Jabar said the final figure for last year will be much higher as it has yet to include the services sector’s contribution.

Selangor also offered about 30,000 job opportunities last year compared with the 23,000 projected opportunities, he told a press conference in Shah Alam.

For this year, Selangor will focus on bringing more investments to the Klang Valley II which covers the Kuala Langat and Sepang areas which house mega projects like the Malaysian Super Corridor, KL International Airport and the Sepang Gold Coast tourist project.

Mhd Jabar said Selangor is also in the process of approving an investment from a large oleo-chemical company from Europe. - Bernama
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Old February 15th, 2008, 05:14 AM   #195
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setia nexus @ klang



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Old February 17th, 2008, 07:24 AM   #196
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Three office towers for Bandar Sunway
Saturday February 16, 2008
Via TheStar

SUBANG JAYA: Sunway City Bhd plans to add three more office towers within the Sunway Lagoon Resort this year, property investment managing director Ngeow Voon Yean said.

However, it had not yet confirmed the cost for the new properties, he said at a Bandar Sunway Safe City Initiatives event.

“The office towers are expected to be completed in two years,” he said, adding that the company would also build an office tower this year near Wisma Denmark in Kuala Lumpur.

The Safe City Initiatives is a collaboration between the Sunway group, the Royal Malaysia Police, the Malaysian Crime Prevention Foundation and the Selangor goverment to combat crime within Bandar Sunway. – Bernama
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Old February 20th, 2008, 04:58 AM   #197
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MORIB BEACH RESORT

any idea on dis project?



Development Concept
An integrated Beach Resort featuring a unique retreat for living, working, entertaining and leisure. With its long beach frontage (5km), Morib Beach Resort provides vibrant, exciting, cultural and living components.

Distinct Features
The first integrated beach resort with 9 distinct and unique precincts
Golf Homes & Real Estate Precinct
Sports & Beach Resort Precinct
Cultural & Entertainment Precinct
Lake Front Home Precinct
Beach Front & Retreat Precinct
Resort Island Precinct
Resort Residential Precinct
Golden Years Precinct
Edutainment and Commercial Precinct
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Old February 20th, 2008, 03:12 PM   #198
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Limitless to develop fully integrated world halal centre
By Lim Shie-Lynn, 20 Feb 2008 9:31 AM
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KUALA LUMPUR: Dubai World unit Limitless LLC, in a joint venture with Mihap Holdings Sdn Bhd and Selangor Agricultural Development Corporation (SADC), is developing a fully integrated world halal centre in Selangor to turn Malaysia into a global gateway for the industry.

The Malaysia International Halal Park (MIHAP), a 80-20 joint venture between Limitless and a Malaysian investment company comprising Mihap Holdings and SADC, will include more than 800ha of residential units, food manufacturing plants and logistics ports.

The facility, which has the distinction of being the world's first fully integrated halal centre, will also accommodate training and research centres, as well as offices, entertainment and retail facilities. Work on MIHAP will start towards end 2008, with phased completion over eight years.

In a statement yesterday, Limitless chief executive officer Saeed Ahmad Saeed said: “Limitless is truly making its mark in South East Asia. MIHAP is a major milestone for Limitless and another golden opportunity for us to demonstrate our core skills of master planning and executing distinctive, large-scale projects.”

In December 2007, Limitless announced it would undertake the masterplan for a waterfront development of luxury homes at Puteri Harbour in Malaysia's Iskandar Development Region.
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Old February 27th, 2008, 07:41 AM   #199
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SUNWAY PJ @ 51A



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Old February 27th, 2008, 07:55 AM   #200
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