EAST MALAYSIA (Sabah & Sarawak) Projects

[noidea]

i wish it stop long time ago....everywhere i go now is new shop lot development. I wonder KK have that much people go to shopping. U know our style in here is just kopitiam.

[nazrey]

Focus Point plans 10 new stores in Sabah, Sarawak
Updated : 09-11-2005
Media : The Star
Story By : CHAN CHING THUT



FOCUS Point Vision Care Group Sdn Bhd will open 10 new stores in Sabah and Sarawak by the middle of next year.

The expansion was estimated to cost about RM4mil, said managing director Datuk C. L. Liaw.

Established by Liaw and his brother, Focus Point set up its first outlet in Muar, Johor in 1989. Sixteen years later, it has grown to more than 85 stores all over Peninsular Malaysia with its headquarters in Petaling Jaya.

The group has introduced different retail concepts to cater to the changing tastes of consumers and to target different income segments.

'Currently, there are four different concept stores – Focus Point Chain Stores, Focus Point Optical Mood, Focus Point Opulence and Focus Point Optical City.

'The chain stores cater to the masses and we have revamped some of these stores into Focus Point Optical Mood, with contemporary design to appeal to customers from the middle and upper market,” Liaw told StarBiz in a recent interview.

He added that Focus Point Opulence offered a wide collection of sunglasses targeted at high-end consumers in major cities while Focus Point Optical City was a one-stop optical centre with a full range of eyewear and vision care products and services.

Focus Point sets itself apart from other competitors with its emphasis in customer satisfaction.

'There are many players in the market and competition is getting stiff. We are different from others by focusing on quality products, professionalism and excellent service,” Liaw said, adding that there were some 3,000 optical shops in Malaysia.

Liaw hopes to get the group listed within the next three to five years.

'It is a businessman's dream to get on to the main board but at this moment, we want to focus on expanding our retail business in Malaysia.

'We have not covered Sabah and Sarawak which is a huge market, while in Peninsular Malaysia, we have not set up stores in a few major towns,” he said, adding that expanding abroad was also in the cards.

Liaw has been aggressively promoting franchising as a means of expanding Focus Point's business. Started in 2002, about 30 stores have been opened via the programme.

'We believe we have staff who are capable of managing a store on their own. Through franchise, we support our workforce by paving a career path for them,” he said.

Some companies provide optical allowance for their staff and Focus Point aims to tap this sector as well.

Liaw said the group worked closely with their corporate clients by providing special packages to their staff besides becoming their panel optician.

The group has also introduced easy payment scheme and promoting e-debit payment to attract more customers.

Annually, sales of the group grow by between 10% and 15%. Liaw said Focus Point targeted 12% growth in sales this year. Last year, it recorded sales of over RM60mil.

[nazrey]

New Limbang Airport (before opening)
by Bill Timmins Uploaded on July 12, 2005

[noidea]

where is Limpang ?

[nazrey]

Originally Posted by noidea

where is Limpang ?

Limbang is a town and the capital of Limbang District in the Limbang Division of northern Sarawak, eastern Malaysia, on the island Borneo. The division has an area of 3,978.1 square kilometers, and a population (year 2000 census) of 42,600.

Limbang is located on the banks of the Limbang River, between the two halves of Brunei. It is a 30 minute speedboat ride to Bandar Seri Begawan, the capital of Brunei.

[nazrey]

Freeze on building shopping malls in KK
Saturday November 12, 2005


The Sabah government has frozen applications for the construction of shopping malls in Kota Kinabalu.

This was done in anticipation of a glut of commercial space in the state capital.

State Local Government and Housing Minister Datuk Hajiji Mohd Noor said the Cabinet, in giving the green light for the freeze at its meeting last month, had been told that Kota Kinabalu would face an oversupply of retail space.

“Our concern is that shoplots in shopping malls under construction will be unoccupied for a long time due to the glut,” he said recently.

There are at least five major shopping-mall projects underway in Kota Kinabalu.

Hajiji said the Chief Minister’s Department had informed various groups including Sabah Housing and Real Estate Association about the freeze.

He said that, instead of commercial complexes, the Sabah government was encouraging developers to venture into affordable housing as there was demand for such property.

[lovincent]

I think it is about time the Government step in to put a stop to all these shopping mall being planned.... i seriously doubt there are such demands for all this malls.....

[fairul]

Originally Posted by lovincent

I think it is about time the Government step in to put a stop to all these shopping mall being planned.... i seriously doubt there are such demands for all this malls.....

since there are many malls to be construct in KK..any news of their anchor tenants? or izzit to early?

[fairul]

Originally Posted by nazrey

New Limbang Airport (before opening)
by Bill Timmins Uploaded on July 12, 2005

thanks for this pic Nazrey..was dying to see the pic of the new airport..

anyway..i was born in Limbang and im very proud that Limbang developed so fast in the last few years..cheers

[Subangite]

killer picture of the airport!!

Any pictures of Limbang town? How big is the town, how developed is it?

[James Foong]

I was informed limbang has a lot of rich towkay balak resided in this border town.

[nazrey]

Originally Posted by fairul

thanks for this pic Nazrey..was dying to see the pic of the new airport..

anyway..i was born in Limbang and im very proud that Limbang developed so fast in the last few years..cheers

You're welcome sirr!

[lovincent]

Originally Posted by fairul

since there are many malls to be construct in KK..any news of their anchor tenants? or izzit to early?

Well, let's see....how many malls are being proposed in KK?

1) 1 Borneo
2) KK Times Square
3) Star City
4) Harbour City
5) KK Mega Mall

As far as I know, all the malls except KK Times Sq. are gonna be sold. KK Times Square, according to the papers, is gonna retain everything and the lots are only for lease.... thus, i believe none of the malls have anchor tenant and i forsee only KK Times Square will manage to get any anchor tenat, if any. That's my opinion lar

[noidea]

let's not said proposed....let's said confirm new project is about 10 in KK last time i Count not included those outskirt like putatan and beaufort or kudat.

1. KK time square
2. Harbour City
3. Warisan Square
4. Star City (Asia City Phase II)
5. Suria Port ( covert to commercial in 07 )
6. One Borneo
7. Alam Mesra
8. KK mega Mall (Likas)
9. City Mall (Jln Lintas)
10. Somewhere near the tunnel I forgot its name. (Next to Tadika Tze Fui land)

I don't know how those developer do thier homework. To me i think 3 of the above shopping mall will more than enough for the local here. 10 i think is too much !

Any over supply will certainly not doing any benefit to the local industry. Although the price will be cheaper but population density also spread which one shopping mall might not have enough shop open or customer. This will end up empty. I rather want to see one shopping mall with alot of shop open and alot of people. Plp can concerntrade on single area. To me i don't know how can they survive despite now the local plp are hard to make money and shop complaint that hard to sell thier item.

[Blue_Sky]

Wow...
maybe KK want to attract people from Brunei to shop in there

KK project really2 owesome!!

[noidea]

well, there is still not enough population. KK plp behaviour so differently compare to KL. KK plp don't like spending. They don't like shopping. The only reason me and my friend will go shopping center is we are looking for that thing so we go there to buy. After bought the item then we left and go.

It is not like Kl that we can spend day in KL window shop. Even if we have nothing to buy, we still will go to the big mall to walk walk and see stuff.

In KK we just don't have the mood to do window shopping. If you ask me to go shopping center to walk without something to buy in mind then i simply won't go.

I don't know why. Perhaps in KK the shopping center having now is not high class enough or not too many item to do window shopping.

Hopefully with the new Shopping mall developed all the KK plp can change thier way of spending thier time at shopping mall rather than at Copi tiam. Hope plp won't spend 2 hours in shop 33, they can spend thier time in shopping mall.

[Subangite]

Originally Posted by Blue_Sky

Wow...
maybe KK want to attract people from Brunei to shop in there

KK project really2 owesome!!

How far is KK from Brunei, BSB? I would have thought that Miri would've been closer?

[lovincent]

Brunei.... by flight i think is 45 minutes, by car i think 6 to 7 hours, if memories serve me rite tat is.....

[nazrey]

KK - Sutera Harbour Resort & The upcoming project space

[nazrey]

The Vista condominium project





4.9 hectares of land within the Sutera Harbour Resort complex has been sited for The Vista condominium project.

The Development comprises 8 blocks of condominiums and 1 block of beachfront townhouses, with a total of 448 units. The condominiums consist of 1-bedroom units (1,200 to 1,600 sq. ft.) and 2-bedroom units (1,730 to 2,800 sq. ft) and 3-bedroom units (3,000 sq. ft.). The 4 residential townhouses are 3-storey semi-detached units, 8,000 to 10,000 sq. ft.

Amenities within the development include a luxurious central clubhouse, business center, reading room, television room, housekeeping services, convenient mini mart and café, sculptured swimming pool and Jacuzzi, landscaped gardens, children’s playground, BBQ pits, communal activity ground, secured private lobby (with Proximity Card and Video Intercom Systems), basement car-park with private lift lobbies, and a private waterfront promenade and direct access to a sandy beach.
The condominium complexes will be designed to target the investor market (local and foreign). Purchasers of The Vista condominiums are given an option to participate in a minimum seven-year leaseback program with Sutera Harbour Resort. The condominiums will be entered into a rental pool, increasing the available rooms inventory of Sutera Harbour Resort, and the hotel will be solely responsible to market, managed and occupy the property with tourists and long-term visitors to Kota Kinabalu. The Hotel will undertake to provide the condominium owner a 9% annual return on the purchase price of the unit in conjunction with the leaseback agreement. Purchasers will have the option after seven years to renew the leaseback agreement with the hotel management, incurring refurbishment charges amounting to 10% of the original Sales & Purchase agreement, yet securing the 9% annual return for the additional 7-year term. The leaseback agreement will be valid for a maximum of 21 years, or three seven-year terms.