daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > Highrises

Highrises Discussions of projects under construction between 100-199m/300-649ft tall.
» Proposed Highrises



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old April 28th, 2010, 01:07 PM   #1
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

KUALA LUMPUR | Datum Jelatek | 45 fl x 4 | U/C

'Flat Columbia' to become Datum Jelatek
March 27th, 2010



AMPANG: The flats dubbed "Flat Colombia" for their drug and vice dens in the 1980s will soon cease to exist.

The four blocks of the Selangor Development Corporation (PKNS) Taman Keramat flats in Jalan Jelatek will be demolished to make way for the RM1.2 billion Datum Jelatek, a mixed development project to be completed in two years.

Demolition works on the two blocks of flats began on Jan 15 and is expected to be completed by July. The two blocks facing Jalan Jelatek have already been hoarded up. Ampang Jaya Municipal Council has also erected a project notice board.

PKNS and its subsidiary company Worldwide Holdings Bhd will develop Datum Jelatek -- four 45-storey high buildings comprising residential and commercial units, a hotel and shopping mall on 2.4ha land next to the Jelatek LRT station.

The project is part of PKNS' overall plan to redevelop Pusat Bandar Taman Keramat. All PKNS properties in Selangor will be undergoing redevelopment work in stages.

PKNS has offered the Taman Keramat flat and shoplot owners a buy-back compensation scheme, which the majority of the 650 flats owners have accepted.

But the about 10 per cent who rejected it continue to live in the two flats facing Jelatek LRT station.

Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim, who is also PKNS chairman, will meet the residents today at 3pm to present cheques to those who have accepted the buy-back scheme and to resolve the compensation dispute with therest.

Quote:
Kelana Jaya Line

__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote

Sponsored Links
Old April 28th, 2010, 01:08 PM   #2
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

Datum Jelatek
Quote:
Originally Posted by Greg View Post

__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote
Old April 28th, 2010, 01:11 PM   #3
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

PKNS offering compensation to residents and business operators
By CHOONG MEK ZHIN Monday March 29, 2010



THE remaining 13 families and six shopowners in the Taman Keramat city centre have been given two months to decide if they wanted to take up the compensation scheme from the Selangor State Development Corporation (PKNS) who are redeveloping the area.

According to Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim, Bukit Antarabangsa MP Azmin Ali and PKNS will be discussing the matter with the families and shopowners.

“The rumours going around that if they don’t take the offer now they will get more, even up to RM1mil, is not true. Everyone affected will receive the same offer as we want to be fair to all,” Khalid said.

He added that what they were offered were already about four times the market price for their property.

PKNS is paying compensation between RM250,000 and RM300,000 for each house and RM450,000 to RM500,000 to business lot owners.

Those who have accepted the offer were presented the mock cheques by Khalid during the “Majlis Datuk Menteri Besar Selangor Bersama Rakyat” event.

The RM1bil mixed-development project called Datum Jelatek to be developed by PKNS and its subsidiary company Worldwide Holdings Bhd will be located at the four blocks of PKNS Taman Keramat flats in Jalan Jelatek.

Dubbed “Columbia Flats” for its drug and vice dens during the 1980s, the flats will be replaced with four 45-storey buildings comprising residential and commercial units, a hotel and shopping mall within two years.

Khalid said the buildings would use green technology such as rain harvesting.

“The details will be explained from time to time to the public because there is a lot we have to consider when constructing the green building,” he said.

He added that the issue of parking spaces would be looked into as well and it was hoped the problems could be reduced.

Khalid also said the bazaar tenants from the area would be given first priority to do their businesses there when the project was completed.

“Court action will be our last resort for the 10% who have not accepted the offer but we will avoid using it unless all other avenues fail,” Khalid said.

He added that PKNS was also researching ways to develop Petaling Jaya, Kajang, Subang Jaya and even Klang.

“The projects are not a money-making proposition but one that will improve the quality of life of the people,” Khalid who is also PKNS chairman said.
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote
Old August 16th, 2010, 11:04 AM   #4
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

UPDATE:

Quote:
Originally Posted by rizalhakim View Post


__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote
Old September 2nd, 2010, 07:11 AM   #5
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

PKNS picks RM10b projects for REIT plan
By Sharen Kaur Published: 2010/09/02
http://www.btimes.com.my/Current_New...yes-2/Article/



SELANGOR State Development Corp (PKNS) has identified 16 high-profile projects worth RM10 billion for future injection into its real estate investment trust (REIT), its chief said.

PKNS general manager Othman Omar said six of the projects have been confirmed. They are Datum Jelatek in Kuala Lumpur, PJ Elevated City, PJ Sentral Garden City and Kelana Sports City in Petaling Jaya, Selangor Science Park 2 in Sepang and the proposed Healthcare City.



Othman said the development site for the remaining 10 projects is expected to be finalised soon.

PKNS aims to launch a REIT soon and it plans to initially inject Menara PKNS in Section 7, Petaling Jaya, Kompleks PKNS and SACC Mall in Shah Alam, with net value of over RM270 million.

"We are excited about the REIT because the proposed injection is a strategic exercise which enables us to leverage on three prime assets to recapitalise," Othman said in an interview with Business Times.

He said the average yield expected from the three properties after a revision to the rental agreements is 7-8 per cent.

Othman said the ability to realise the latent value of PKNS properties will mean a capital gain of RM80 million, RM162 million in cash and a subsequent 30 per cent stake in Amanah Raya's Real Estate Investment Trust (ARREIT).

"Assuming that dividend yield holds constant at 8.5 per cent, we should be looking at RM16 million in additional revenue per year, which bodes well for our liquidity," he said.

PKNS hopes to complete the exercise by the fourth quarter of this year.

Othman said in the medium to long term, PKNS will work with its partners to build and strengthen the asset base of its REIT investments, and when viable, inject more high-profile projects in the Klang Valley to increase the profile and attract foreign investors and fund managers to the investment potential.

He added that with new projects in place, PKNS foresees ARREIT to grow above RM1.5 billion in the next three to four years.

"We are launching the REIT as part of our strategy to transform PKNS group-wide, and a key aspect of that strategy calls for a rationalisation of our assets.

"REITs allow us a ready and stable way to unlock the latent value in these properties and provide significant additional capital which will allow us to be more competitive.

"This is addition to the alternative revenue stream we hope to create in the form of dividends, and the diversifying of our portfolio into properties outside of the state," Othman said.

He is optimistic with the future prospects and development of the REIT industry.

"Malaysia's REITs market is poised with more potential given that it is still relatively limited in terms of diversity, and there remains a lot more areas in which we can explore.

"For example, Hong Kong has long included government premises and even urban car parks in its REITs, given its very real returns ability. Some 40 per cent of Japan's REITs are retail based, and its 25 per cent in Singapore. These are all areas we can look at," he said.
__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote
Old September 25th, 2010, 03:44 PM   #6
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

http://www.nwka.com.my/

__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote
Old October 16th, 2010, 10:17 PM   #7
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 90,851
Likes (Received): 10735

NEW RENDERING
Quote:
Originally Posted by patchay View Post
DATUM JELATEK - Get Ready for World Class Makeover
Source: PKNS Malaysia - The Winning Edge

__________________
Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
nazrey está en línea ahora   Reply With Quote
Old October 17th, 2010, 09:26 PM   #8
hoogbouwe
Registered User
 
hoogbouwe's Avatar
 
Join Date: Jun 2009
Location: Rotterdam
Posts: 6,561
Likes (Received): 1070

Special Towers
__________________
-
hoogbouwe no está en línea   Reply With Quote
Old April 10th, 2013, 06:27 PM   #9
davidwsk
Registered User
 
davidwsk's Avatar
 
Join Date: Feb 2006
Location: Kuala Lumpur
Posts: 11,827
Likes (Received): 3247

new render :
Quote:
Originally Posted by rizalhakim View Post
2 blocks sold out(Tower A & C) and now 3rd block open for sale...
construction start dis year and schedule completion in 2017.
Architect - Surbana



davidwsk no está en línea   Reply With Quote
Old April 10th, 2013, 06:29 PM   #10
davidwsk
Registered User
 
davidwsk's Avatar
 
Join Date: Feb 2006
Location: Kuala Lumpur
Posts: 11,827
Likes (Received): 3247

Marketing has been conducted in Singapore..

Quote:
Originally Posted by patchay View Post
-----
davidwsk no está en línea   Reply With Quote
Old June 18th, 2013, 01:20 PM   #11
davidwsk
Registered User
 
davidwsk's Avatar
 
Join Date: Feb 2006
Location: Kuala Lumpur
Posts: 11,827
Likes (Received): 3247

Quote:
Originally Posted by davidwsk View Post
PKNS has RM14bil projects, identifies 17 properties for urban regeneration

Posted on June 18, 2013 - Featured, Property News.

By CHOONG EN HAN | [email protected]

PETALING JAYA: The Selangor State Development Corp (PKNS) has been actively pursuing joint ventures with established players in the industry in many urban redevelopment projects.

It currently has close to RM14bil worth of projects in hand and has identified 17 of its existing properties for urban regeneration projects.

One of its joint venture projects is the RM2.6bil PJ Sentral Garden City with Nusa Gapurna Development Sdn Bhd, that is now reportedly the subject of some unhappiness by PKNS.

Another significant PKNS project is the RM1.8bil Sports City in Kelana Jaya, which is via a joint-venture with low-profile listed developer partner Melati Ehsan Bhd.

The Sports City project is a redevelopoment of the current PKNS Sports Complex there. Melati Ehsan, owned by Tan Sri Yap Suan Chee, has developments in Sentul, including the revival of abandoned projects there.

However, it is believed the Sports City project has also attracted controversy and its land status is being disputed.



PKNS has also entered into a heads of agreement with DKLS Industries Bhd to attempt to redevelop its parcel of land in Section 13, Petaling Jaya into a RM1.3bil mixed development.

Another PKNS project in the pipeline is the PJ Elevated City, a RM3bil mixed-development project which is also part of the Western Digital factory expansion programme.

PKNS is looking to develop hostels that can accommodate 10,000 workers and build 5,000 parking bays under the first phase. The project is on 20 acres overlooking the Subang Golf Club and is jointly owned by PKNS and MBPJ.

It also has joint ventures with other developers like Sunway City Bhd and Encorp Bhd.

PKNS is currently developing the RM900mil Datum Jelatek mixed development consisting of four residential towers and an exclusive retail podium.

In 2011, PKNS posted a pre-tax profit of RM420mil, the highest in its 47-year history, with 76% derived from its property development arm, which turned in a pre-tax profit of RM320mil.

It has not publicly released its results for financial year ended 2012 yet, but it was reported that it aims to grow its pre-tax profit by 20% to RM504mil.
http://www.starproperty.my/index.php...-regeneration/
----
davidwsk no está en línea   Reply With Quote
Old July 30th, 2013, 06:40 PM   #12
davidwsk
Registered User
 
davidwsk's Avatar
 
Join Date: Feb 2006
Location: Kuala Lumpur
Posts: 11,827
Likes (Received): 3247

Quote:
Originally Posted by davidwsk View Post
Datum Jelatek project to proceed despite protests by former residents

Posted on July 4, 2013 - Property News.

STORIES BY PRIYA MENON
[email protected]

THE Selangor government will proceed with the Datum Jelatek development project despite protests by former residents of Taman Keramat, Ampang.

Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim said this in response to a question from assemblyman Shuhaimi Shafiei (PR-Sri Muda) on his next course of action.

Khalid said the project was proceeding smoothly, with the tender process going on and that compensation to the former residents had also been paid out.

“Although 14 did not agree to the development project, I am quite sure they will agree to the same payment given out to the rest who did not resort to legal action,” he said.

The residents are from the former Selangor State Development Corporation (PKNS) flats, which were demolished in late 2010 to make way for the Datum Jelatek project.

Khalid also said the Selangor government had instructed PKNS officials to update the residents regularly on the status of the project.

He also denied allegations that foreigners had bought some of the units at the luxury condominium complex.

“We decided that 50% will be allocated for bumiputras and will stick to this,” he said.

So far, 1,029 applications from bumiputras for the units have been received.

On Tuesday, a group of 20, led by Datum Jelatek action committee chairman Salleh Samad, carried banners while demonstrating and demanding justice for the residents outside the Selangor state secretariat building.

They also handed over a memorandum to Khalid’s private secretary, Yasid Bidin, calling on the state government to put a stop to the controversial development project.
http://www.starproperty.my/index.php...mer-residents/
-------
__________________

firoz bharmal liked this post
davidwsk no está en línea   Reply With Quote
Old November 17th, 2015, 04:17 PM   #13
davidwsk
Registered User
 
davidwsk's Avatar
 
Join Date: Feb 2006
Location: Kuala Lumpur
Posts: 11,827
Likes (Received): 3247

U/C

Quote:
Originally Posted by rizalhakim View Post






__________________

Munwon liked this post
davidwsk no está en línea   Reply With Quote
Old March 12th, 2016, 05:21 PM   #14
Izzz
Registered User
 
Izzz's Avatar
 
Join Date: Aug 2013
Location: Kuala Lumpur
Posts: 747
Likes (Received): 819

Quote:
Originally Posted by Izzz View Post







...
Izzz no está en línea   Reply With Quote
Old March 12th, 2016, 05:22 PM   #15
Izzz
Registered User
 
Izzz's Avatar
 
Join Date: Aug 2013
Location: Kuala Lumpur
Posts: 747
Likes (Received): 819

Quote:
Originally Posted by Izzz View Post









....
__________________

Munwon, firoz bharmal liked this post
Izzz no está en línea   Reply With Quote
Old March 21st, 2017, 06:07 PM   #16
Izzz
Registered User
 
Izzz's Avatar
 
Join Date: Aug 2013
Location: Kuala Lumpur
Posts: 747
Likes (Received): 819

Untitled by Izz _R, on Flickr
__________________

Munwon liked this post
Izzz no está en línea   Reply With Quote
Old June 6th, 2017, 02:16 PM   #17
Izzz
Registered User
 
Izzz's Avatar
 
Join Date: Aug 2013
Location: Kuala Lumpur
Posts: 747
Likes (Received): 819

Quote:
Originally Posted by Izzz View Post
Untitled by Izz _R, on Flickr
...
__________________

Munwon liked this post
Izzz no está en línea   Reply With Quote
Old August 13th, 2017, 08:54 AM   #18
Izzz
Registered User
 
Izzz's Avatar
 
Join Date: Aug 2013
Location: Kuala Lumpur
Posts: 747
Likes (Received): 819

Untitled by Izz _R, on Flickr
__________________
Izzz no está en línea   Reply With Quote
Old October 13th, 2017, 06:30 PM   #19
rufusqueen
Registered User
 
Join Date: Nov 2012
Posts: 13
Likes (Received): 0

Will the LRT station undergo makeover too. THe development looks very exclusive. Current jelatek lrt station is .. bleh.
rufusqueen no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 05:24 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu