1 UTAMA, MUTIARA DAMANSARA & DAMANSARA PERDANA | Selangor | New projects & development thread

[kl 2020 ideas]

Originally Posted by patchay

LATEST:
Source: MIDF Research
Date: 19 July 2010
Company: AEON Co. Bhd







Leasing agreement of 1Utama Old Wing still in negotiation. Management denied market rumours that AEON has failed to renew its 15-year lease agreement (will expire in Aug 10) with See Hoy Chan (SHC) that allow AEON to manage 1Utama Old Wing. During our meeting, management was silent on the matter and only indicated that the negotiation is in progress. It is unlikely for AEON to exit the Jusco departmental store and supermarket business housed in the 1Utama shopping centre. There is also the possibility that a bigger retailing space will be given to AEON as compensation if the contract is not renewed, as reported by media, is part of the discussion. Management also pointed out that everything will remain status quo (meaning AEON will continue to manage 1Utama Old Wing) as long as both parties are still in the discussion, even after the lease lapses in August.

Related report: http://www.btimes.com.my/Current_New...n1u-2/Article/


Earnings revision. We understand that 1Utama contributes approximately 10% of AEON’s property management EBIT. Should the contract not renewed, we estimate that AEON could potentially lose about RM6m in earnings, translating into a -3.7% drop in our FY11 net profit foecast. As management expect the negotiation to be completed only by end of 2010, we are keeping our FY10 estimates unchanged at the moment. However, taking a more conservative stance, we have not imputed the property management income contributed from 1Utama Old Wing into our FY11 forecast. In addition, we have extended the timeframe for future new outlet opening. Hence, we adjust our FY11 EPS downward by -4.5% to RM158.1m.

I recall that rumours of Jusco moving out and being replaced by Isetan. Can anyone confirm about this?

[patchay]

Originally Posted by kl 2020 ideas

I recall that rumours of Jusco moving out and being replaced by Isetan. Can anyone confirm about this?

i think Jusco will remain....

but the company AEON will lose the right to manage the 1Utama Old Wing as the current management of the New Wing, also the developer See Hoy Chan, will take over............... SHC's initial plan was to bring in Isetan but dono lah....

[razpatrol99]

Originally Posted by nazrey

Another green building in concept!!

Hope that the final product will be beautiful as the pic

[kl 2020 ideas]

Nice architecture green building

[rizalhakim]

ini mall sudah siap ker??
target open Jan 2011

Originally Posted by rizalhakim

Citta Strip Mall @ Ara Damansara
http://www.citta.com.my

Citta Strip Mall
424,467 sq ft of net lettable area
3 floors excluding basement and rooftop
1,200 car park bays (400 on the surface)
Expected completion in Q4 2010

..

[kl 2020 ideas]

High chances of Jusco dissapearing because:

AEON+JUSCO= They owned JUSCO and if AEON loses then Jusco will be gone since I checked that Aeon owns Jusco unless some company bails it out then it is safe. Recently, Aeon wants to buy out Carrefour but still it doesn't mean that Carrefour will be the anchor tenant?

[kl 2020 ideas]

Oops, I posted double.

[patchay]

rizal, do you have the rendering for Gapurna's other project in Damansara/PJ?? (not talking about PJ Sentral)

[rizalhakim]

Originally Posted by patchay

rizal, do you have the rendering for Gapurna's other project in Damansara/PJ?? (not talking about PJ Sentral)

Originally Posted by rizalhakim

image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr

..

[rizalhakim]

interesting projects
from the treez condominium developer
Nouvelle Lot 4 Kota Damansara








Nouvelle Lot 10 Kota Damansara

[patchay]

New Project:
Preview of Glomac Utama @ Bandar Utama

Expected launch: end of 2011/2012
Location: Formerly part of Kampung Kayu Ara, edge of Bandar Utama Damansara, Petaling Jaya
Description: A mixed residential, retail and commercial development with GDV of RM400 million
Target: Mid to high-end market
Developer: Glomac Bhd

[kl 2020 ideas]

When is 9 Bukit Utama building going to finish. One of the building has just topped-out.

[patchay]

IS THERE A SHORTAGE OF OFFICE BUILDINGS IN PJ DAMANSARA??
Selected office buildings and their tenants.


1. IBM/KPMG Tower, 8 First Avenue Bandar Utama
- IBM Malaysia
- KPMG Malaysia
- Toyota Capital Malaysia
- Silverlake Group of Companies
- B. Braun Medical Supplies
- Fujitsu Malaysia
- Big Tree Outdoor
- MyEG Services Bhd
- Chartered Institute of Management Accountants (CIMA) Malaysia HQ
- ON Semiconductor (SCG Industries Malaysia)

2. One Avenue Tower, 1 First Avenue Bandar Utama
- Schlumberger Business Support Hub
- MyEG Services Customer Service Centre
- Hong Leong Investment Bank PJ Branch

3. PJ Trade Centre, Damansara Perdana
- EMKAY Group of Companies
- Lembaga Hasil Dalam Negeri PJ Branch
- Taiko Group of Companies (associate of KL-Kepong and Batu Kawan Group)
- Bata Malaysia
- Feiran Technology
- Eaglegame Malaysia
- Mega Advertising
- Connoisseurs Colony

4. Menara UAC, Mutiara Damansara
- UAC Group of Companies (associate of Boustead Group)
- Boustead Sissons Paints and Boustead Building Materials
- Hyundai Motor Company (offshore office)
- Reckitt Benckiser Malaysia
- Shiseido Malaysia
- ORBCOMM Satellite Malaysia
- OpenWay Group in Malaysia
- Kellogg Company Asia Marketing Office
- AstraZeneca Asia Pacific Business Services Hub

5. Tesco Mutiara Damansara houses Tesco Stores Malaysia HQ

6. Menara Batu Kawan, Mutiara Damansara
- Batu Kawan Holdings Bhd
- KL-Kepong Group of Companies
- Crabtree & Evelyn Malaysia (associate of KL-Kepong Group)
- AECOM Malaysia

7. Surian Tower, Mutiara Damansara
- Nestle Malaysia Group of Companies
- Procter & Gamble Malaysia
- AstraZeneca Malaysia
- V-ENS Co., Ltd Malaysia (associate of LG Group of Korea)
- ACI Worldwide Malaysia
- Beckhoff Automation Malaysia
- Boustead Petroleum (BHPetrol)
- Petra Energy Bhd
- Ekuiti Nasional Bhd Headquarters (Ekuinas)
- Boilermaster

8. Plaza VADS, Taman Tun Dr Ismail
- VADS Bhd Group of Companies
- Y.S.P. Southeast Asia Holding Bhd

9. Damansara Uptown Office Towers
- Deloitte Malaysia
- Lafarge Malayan Cement Bhd Group of Companies
- See Hoy Chan Group of Companies
- Paramount Corporation Bhd
- Pacific Mutual Fund Bhd (subsidiary of PacificMas Bhd)
- Hong Leong Assurance PJ Branch
- Lembaga Tabung Haji PJ Branch 2
- McDonald's Malaysia (Golden Arches Restaurants)
- Federal Express Services Malaysia
- Kraft Foods Malaysia
- L'oreal Malaysia
- Tetra Pak Malaysia
- Air Products Malaysia
- ISUZU Malaysia
- Lenovo Malaysia
- Unisys Malaysia
- Symantec Malaysia
- Epicor Software Malaysia
- Logica Malaysia
- Yara International Malaysia
- Kulicke & Soffa OHQ Malaysia
- Mandom Malaysia
- Omron Electronics Sales & Service
- Agilent Technologies Sales Malaysia

10. Tropicana City Office Tower, SS2 PJ
- Dijaya Corporation Bhd Group of Companies
- CIMB Securities Flagship Branch
- Nitto Denko Electronics Malaysia Sales Office
- VoluBill Malaysia

[achkeen10]

Originally Posted by patchay

IS THERE A SHORTAGE OF OFFICE BUILDINGS IN PJ DAMANSARA??
Selected office buildings and their tenants.


1. IBM/KPMG Tower, 8 First Avenue Bandar Utama
- IBM Malaysia
- KPMG Malaysia
- Toyota Capital Malaysia
- Silverlake Group of Companies
- B. Braun Medical Supplies
- Fujitsu Malaysia
- Big Tree Outdoor
- MyEG Services Bhd
- Chartered Institute of Management Accountants (CIMA) Malaysia HQ
- ON Semiconductor (SCG Industries Malaysia)

2. One Avenue Tower, 1 First Avenue Bandar Utama
- Schlumberger Business Support Hub
- MyEG Services Customer Service Centre
- Hong Leong Investment Bank PJ Branch

3. PJ Trade Centre, Damansara Perdana
- EMKAY Group of Companies
- Lembaga Hasil Dalam Negeri PJ Branch
- Taiko Group of Companies (associate of KL-Kepong and Batu Kawan Group)
- Bata Malaysia
- Feiran Technology
- Eaglegame Malaysia
- Mega Advertising
- Connoisseurs Colony

4. Menara UAC, Mutiara Damansara
- UAC Group of Companies (associate of Boustead Group)
- Boustead Sissons Paints and Boustead Building Materials
- Hyundai Motor Company (offshore office)
- Reckitt Benckiser Malaysia
- Shiseido Malaysia
- ORBCOMM Satellite Malaysia
- OpenWay Group in Malaysia
- Kellogg Company Asia Marketing Office
- AstraZeneca Asia Pacific Business Services Hub

5. Tesco Mutiara Damansara houses Tesco Stores Malaysia HQ

6. Menara Batu Kawan, Mutiara Damansara
- Batu Kawan Holdings Bhd
- KL-Kepong Group of Companies
- Crabtree & Evelyn Malaysia (associate of KL-Kepong Group)
- AECOM Malaysia

7. Surian Tower, Mutiara Damansara
- Nestle Malaysia Group of Companies
- Procter & Gamble Malaysia
- AstraZeneca Malaysia
- V-ENS Co., Ltd Malaysia (associate of LG Group of Korea)
- ACI Worldwide Malaysia
- Beckhoff Automation Malaysia
- Boustead Petroleum (BHPetrol)
- Petra Energy Bhd
- Ekuiti Nasional Bhd Headquarters (Ekuinas)
- Boilermaster

8. Plaza VADS, Taman Tun Dr Ismail
- VADS Bhd Group of Companies
- Y.S.P. Southeast Asia Holding Bhd

9. Damansara Uptown Office Towers
- Deloitte Malaysia
- Lafarge Malayan Cement Bhd Group of Companies
- See Hoy Chan Group of Companies
- Paramount Corporation Bhd
- Pacific Mutual Fund Bhd (subsidiary of PacificMas Bhd)
- Hong Leong Assurance PJ Branch
- Lembaga Tabung Haji PJ Branch 2
- McDonald's Malaysia (Golden Arches Restaurants)
- Federal Express Services Malaysia
- Kraft Foods Malaysia
- L'oreal Malaysia
- Tetra Pak Malaysia
- Air Products Malaysia
- ISUZU Malaysia
- Lenovo Malaysia
- Unisys Malaysia
- Symantec Malaysia
- Epicor Software Malaysia
- Logica Malaysia
- Yara International Malaysia
- Kulicke & Soffa OHQ Malaysia
- Mandom Malaysia
- Omron Electronics Sales & Service
- Agilent Technologies Sales Malaysia

10. Tropicana City Office Tower, SS2 PJ
- Dijaya Corporation Bhd Group of Companies
- CIMB Securities Flagship Branch
- Nitto Denko Electronics Malaysia Sales Office
- VoluBill Malaysia

they r relocating to Tesco Kepong (Kepong Village Mall)
they used to have 3 offices all spread out across Klang Valley...but Kepong outlet will house all under one roof.

[rizalhakim]

Originally Posted by kl 2020 ideas

When is 9 Bukit Utama building going to finish. One of the building has just topped-out.

i heard launching nex month n xpected completion next year...

[patchay]

The rendering for Oval Damansara is up at the site. So if anyone passing by TTDI Cemetery (Sprint Highway) dont forget to snap it....

[D_Y2k.2^]

saw it yesterday, similar to a stretched version of Avenue k

[rizalhakim]

Originally Posted by D_Y2k.2^

saw it yesterday, similar to a stretched version of Avenue k

tall?

[D_Y2k.2^]

not mistake 32 floors

[rizalhakim]

dats cool...snap some pic wil ya!!!