PETRONAS TOWER 3 (MENARA CARIGALI) | Kuala Lumpur ( KLCC - Lot C ) | 59F | 267m | Completed - Page 5

D_Y2k.2^ · January 9th, 2006, 10:26 AM

go baby go!!!

pedang · January 9th, 2006, 04:29 PM

Code:

wow!! even hav a swiming pool!!   hehe jk.. start already or ?? the construction that is..

farewell for the swimming pool

SEED · January 10th, 2006, 05:27 PM

yup!! go baby!! and farewell toda pool

takde berita yet? tu construction? or nak tunggu bank pinjam duit?

pedang · January 23rd, 2006, 02:32 PM

construction might be start after this CNY.. right??

ZaHiRnYa??? · January 24th, 2006, 03:12 AM

Quote:

Originally Posted by pedang

construction might be start after this CNY.. right??

From where u hear that

pedang · January 24th, 2006, 01:43 PM

subangnite reply..

Quote:

ok folks, this baby is expected to off next month and to be completed in 2008. hmm... yummay!

nazrey · February 14th, 2006, 08:11 PM

Any progress?

rgen · March 7th, 2006, 07:13 AM

Better show by developers

By ANGIE NG

PROPERTY companies are announcing bigger earnings during the current financial reporting season, and analysts remain confident of a rosy outlook for some of the better-performing companies.

Based on the year-on-year and quarterly figures, developers of both residential and commercial properties are hauling in better earnings and sales figures.

Menara YNH at Jalan Sultan Ismail, Kuala Lumpur, will be ready this year.
Reflecting the strong commercial property market in the Klang Valley, companies with ongoing developments and assets in Kuala Lumpur and the suburban areas are among the star performers this time around.

As for the residential property sector, savvy developers with exciting residential developments catering to niche buyers are among the big winners.

Among those which stand out are KLCC Property Holdings Bhd, SP Setia Bhd, YNH Property Bhd, Sunway City Bhd (SunCity), Sunrise Bhd, and Mah Sing Group Bhd.

Besides impressive portfolios of commercial assets, KLCC Property, YNH Property and SunCity also have residential projects in well sought-after locations, giving it another avenue to boost earnings.

One of the biggest owners of prime office space and other commercial assets in the Kuala Lumpur City Centre (KLCC) address is none other than KLCC Property, which has the much-touted world-class KLCC landmark under its belt.

Comprising the Suria KLCC retail mall, the Twin Towers office blocks, the Kuala Lumpur Convention Centre and Mandarin Oriental Hotel, KLCC Property is set to benefit substantially from the recovering commercial property market.

It is also undertaking a luxury condominium development, The Binjai condominiums (featuring 2,300 to 3,700 sq ft residences), that are fetching premium prices averaging RM1,200 per sq ft.

The company is embarking on a new development on Lot C of KLCC. The one-acre project will comprise a 60-storey tower featuring a six-storey retail podium that will add 180,000 sq ft retail space to Suria KLCC, a 20-storey office block and 22-storey serviced apartments.

The development is earmarked for completion by the third quarter of 2008.

Underpinned by the status of the KLCC as a world-class development, demand for prime office space in the Twin Towers continues to remain robust from multinational corporations (MNCs).

Compared with the average office rental rate of RM4.50 to RM5 per sq ft in the city’s Golden Triangle, MNCs such as Petronas, Exxon-Mobil and Tanjong are willing to pay up to RM10 per sq ft for the KLCC space.

With rental rates for commercial property, especially in the city centre, on the uptrend and expected to remain bullish, KLCC Property’s earnings outlook holds good upside potential.

According to a research filing by ECM Libra Securities, the expiry of the long-term leases for the KLCC office space around 2012 bodes well for KLCC Property, which net up to 60% of its earnings from rental income. “By then, we expect rental rates to have gone twice higher than the locked-in rates before, and a re-rating of the stock would be appropriate,” it said.

Analysts have estimated KLCC Property to turn in a 25% increase in net earnings to RM171.3mil for the financial year ending March 31.

For the first half year ended Sept 30, 2005, KLCC Property’s annualised net profit of RM163.8mil has exceeded consensus and this was attributed largely to the stellar performance of its retail and hotel operations.

Meanwhile, Sitiawan-based YNH Property, through two ongoing developments - Lot 163 Suites in Jalan Perak and Menara YNH along Jalan Sultan Ismail - is another strong player in the buoyant Kuala Lumpur commercial property front.

Lot 163 Suites comprise 26 levels of furnished service suites, two levels of retail podium and a 14-storey office tower with 35,400 sq ft office space, which is for en-bloc sale.

The RM880mil Menara YNH comprises a Grade A office block, two serviced apartment blocks and a 50,000 sq ft retail arcade.

The company is also making inroads into the Klang Valley residential sector with the planned launch of the RM140mil condominium development Radiant Kiara in June.

YNH made a net profit of RM55mil for the year ended Dec 31, 2005, up 43.5% over 2004. Profit margin was slightly stronger at 45.6% compared with 44.9% in 2004, due mainly to a higher commercial component.

Another property company that has recorded quite a stellar performance and is also building up a bigger exposure in the commercial property sector is SunCity.

The company’s ongoing expansion programme to add 700,000 sq ft of net lettable retail space to the 900,000 sq ft Sunway Pyramid shopping mall is set to spruce up earnings from its commercial division going forward.

The RM400mil expansion work is targeted for completion by April next year.

baqthier · March 7th, 2006, 04:25 PM

^ "20-storey office block and 22-storey serviced apartments"

yay! more stuffs!

nazrey · March 9th, 2006, 11:23 AM

Quote:

From Text & Design © Azrul K. Abdullah. 2004
proposed office tower

pedang · March 9th, 2006, 01:01 PM

nazrey · March 9th, 2006, 04:35 PM

by spbrennan79
March 2006

redstone · March 9th, 2006, 05:15 PM

Woah, reminds me of Union Square!

SEED · March 9th, 2006, 07:43 PM

true! :shocked.. shes soo classy and galssy

sexy too

i like it!!

SEED · March 9th, 2006, 07:43 PM

true!

.. shes soo classy and galssy

sexy too

i like it!!

ZaHiRnYa??? · March 10th, 2006, 02:52 AM

Still no progress pun

tomkat · March 10th, 2006, 07:39 AM

Quote:

Originally Posted by ZaHiRnYa???

Still no progress pun

Look carefully. I saw two portable piling equipment at the site in the photo posted above.

May be soil testing is going on.

themaster · March 10th, 2006, 08:51 AM

sure or not ?

choon · March 10th, 2006, 09:17 AM

Quote:

Originally Posted by tomkat

Look carefully. I saw two portable piling equipment at the site in the photo posted above.

May be soil testing is going on.

That is water pumping machine..i saw them pump the water from the "pool" after raining..hehe

pedang · March 10th, 2006, 01:25 PM

maybe stat this month.

January 9th, 2006, 10:26 AM	#81
D_Y2k.2^ Registered User Join Date: Sep 2002 Location: Melaka Posts: 3,436 Likes (Received): 17	go baby go!!! __________________ Multi Cultural + Harmony + Excitement = Malaysia!!!

January 9th, 2006, 04:29 PM	#82
pedang One Malaysia Join Date: Dec 2005 Location: Lembah Klang Posts: 2,872 Likes (Received): 1	Code: wow!! even hav a swiming pool!! hehe jk.. start already or ?? the construction that is.. farewell for the swimming pool

February 14th, 2006, 08:11 PM	#87
nazrey Registered User Join Date: Sep 2003 Posts: 72,626 Likes (Received): 297	Any progress? __________________ 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!

March 7th, 2006, 04:25 PM	#89
baqthier RISING LIKE A SPIRE! Join Date: Jul 2002 Location: Land of The Petronas Towers Posts: 6,304 Likes (Received): 1	^ "20-storey office block and 22-storey serviced apartments" yay! more stuffs! __________________ Whatever lah! *7 YEARS OF THE MALAYSIAN FORUM Since 22nd Dec, 2002* - Kuala Lumpur Sky - Penang Sky

March 9th, 2006, 01:01 PM	#91
pedang One Malaysia Join Date: Dec 2005 Location: Lembah Klang Posts: 2,872 Likes (Received): 1	__________________ ONE MALAYSIA

January 10th, 2006, 05:27 PM	#83
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	yup!! go baby!! and farewell toda pool takde berita yet? tu construction? or nak tunggu bank pinjam duit?

January 23rd, 2006, 02:32 PM	#84
pedang One Malaysia Join Date: Dec 2005 Location: Lembah Klang Posts: 2,872 Likes (Received): 1	construction might be start after this CNY.. right??

March 7th, 2006, 07:13 AM	#88
rgen Registered User Join Date: Jan 2005 Location: bErinGinviLLe Posts: 126 Likes (Received): 4	Better show by developers By ANGIE NG PROPERTY companies are announcing bigger earnings during the current financial reporting season, and analysts remain confident of a rosy outlook for some of the better-performing companies. Based on the year-on-year and quarterly figures, developers of both residential and commercial properties are hauling in better earnings and sales figures. Menara YNH at Jalan Sultan Ismail, Kuala Lumpur, will be ready this year. Reflecting the strong commercial property market in the Klang Valley, companies with ongoing developments and assets in Kuala Lumpur and the suburban areas are among the star performers this time around. As for the residential property sector, savvy developers with exciting residential developments catering to niche buyers are among the big winners. Among those which stand out are KLCC Property Holdings Bhd, SP Setia Bhd, YNH Property Bhd, Sunway City Bhd (SunCity), Sunrise Bhd, and Mah Sing Group Bhd. Besides impressive portfolios of commercial assets, KLCC Property, YNH Property and SunCity also have residential projects in well sought-after locations, giving it another avenue to boost earnings. One of the biggest owners of prime office space and other commercial assets in the Kuala Lumpur City Centre (KLCC) address is none other than KLCC Property, which has the much-touted world-class KLCC landmark under its belt. Comprising the Suria KLCC retail mall, the Twin Towers office blocks, the Kuala Lumpur Convention Centre and Mandarin Oriental Hotel, KLCC Property is set to benefit substantially from the recovering commercial property market. It is also undertaking a luxury condominium development, The Binjai condominiums (featuring 2,300 to 3,700 sq ft residences), that are fetching premium prices averaging RM1,200 per sq ft. The company is embarking on a new development on Lot C of KLCC. The one-acre project will comprise a 60-storey tower featuring a six-storey retail podium that will add 180,000 sq ft retail space to Suria KLCC, a 20-storey office block and 22-storey serviced apartments. The development is earmarked for completion by the third quarter of 2008. Underpinned by the status of the KLCC as a world-class development, demand for prime office space in the Twin Towers continues to remain robust from multinational corporations (MNCs). Compared with the average office rental rate of RM4.50 to RM5 per sq ft in the city’s Golden Triangle, MNCs such as Petronas, Exxon-Mobil and Tanjong are willing to pay up to RM10 per sq ft for the KLCC space. With rental rates for commercial property, especially in the city centre, on the uptrend and expected to remain bullish, KLCC Property’s earnings outlook holds good upside potential. According to a research filing by ECM Libra Securities, the expiry of the long-term leases for the KLCC office space around 2012 bodes well for KLCC Property, which net up to 60% of its earnings from rental income. “By then, we expect rental rates to have gone twice higher than the locked-in rates before, and a re-rating of the stock would be appropriate,” it said. Analysts have estimated KLCC Property to turn in a 25% increase in net earnings to RM171.3mil for the financial year ending March 31. For the first half year ended Sept 30, 2005, KLCC Property’s annualised net profit of RM163.8mil has exceeded consensus and this was attributed largely to the stellar performance of its retail and hotel operations. Meanwhile, Sitiawan-based YNH Property, through two ongoing developments - Lot 163 Suites in Jalan Perak and Menara YNH along Jalan Sultan Ismail - is another strong player in the buoyant Kuala Lumpur commercial property front. Lot 163 Suites comprise 26 levels of furnished service suites, two levels of retail podium and a 14-storey office tower with 35,400 sq ft office space, which is for en-bloc sale. The RM880mil Menara YNH comprises a Grade A office block, two serviced apartment blocks and a 50,000 sq ft retail arcade. The company is also making inroads into the Klang Valley residential sector with the planned launch of the RM140mil condominium development Radiant Kiara in June. YNH made a net profit of RM55mil for the year ended Dec 31, 2005, up 43.5% over 2004. Profit margin was slightly stronger at 45.6% compared with 44.9% in 2004, due mainly to a higher commercial component. Another property company that has recorded quite a stellar performance and is also building up a bigger exposure in the commercial property sector is SunCity. The company’s ongoing expansion programme to add 700,000 sq ft of net lettable retail space to the 900,000 sq ft Sunway Pyramid shopping mall is set to spruce up earnings from its commercial division going forward. The RM400mil expansion work is targeted for completion by April next year.

March 9th, 2006, 04:35 PM	#92
nazrey Registered User Join Date: Sep 2003 Posts: 72,626 Likes (Received): 297	by spbrennan79 March 2006 __________________ 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!

March 9th, 2006, 05:15 PM	#93
redstone The Uninspired Architect Join Date: Nov 2003 Location: Singapore Posts: 14,068 Likes (Received): 0	Woah, reminds me of Union Square! __________________ http://redstonean.deviantart.com/

March 9th, 2006, 07:43 PM	#94
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	true! :shocked.. shes soo classy and galssy sexy too i like it!!

March 9th, 2006, 07:43 PM	#95
SEED Registered User Join Date: Oct 2002 Posts: 3,146 Likes (Received): 1	true! .. shes soo classy and galssy sexy too i like it!!

March 10th, 2006, 02:52 AM	#96
ZaHiRnYa??? you are you and i am me.. Join Date: Jul 2003 Location: Kuala Lumpur Posts: 5,820 Likes (Received): 1	Still no progress pun __________________ me, me, me and more me.. he..he...

March 10th, 2006, 08:51 AM	#98
themaster Registered User Join Date: Feb 2006 Location: the city of limestone Posts: 20 Likes (Received): 0	sure or not ?

March 10th, 2006, 01:25 PM	#100
pedang One Malaysia Join Date: Dec 2005 Location: Lembah Klang Posts: 2,872 Likes (Received): 1	maybe stat this month. __________________ ONE MALAYSIA

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