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

[Pablo]

Originally Posted by szehoong

At least you sawa Nike store The last time I was there like 3 weeks back......only the cinema is there

Anyway I think that the area has a bit too many malls and large stores liao. Within a radius of about a couple of kms there are:

1) Centrepoint Bandar Utama

2) 1 Utama

3) Ikea

4) Tesco Damansara

5) The Tropics

6) Ikano Power Centre

7) The Curve

8) Cineleisure Damansara



This is not Bukit Bintang lah so as it isn't centralised, the PJ and Subang market isn't that big to sustain all of em. Maybe in the near future lah but certainly not now. I think we had a serious over supply of retail in that area.

Beside 1 utama and Cineleisure Damansara have cinema..other malls have it or not? I mean in those malls u have listed out.

[nazrey]

The Strand Damansara to woo Kota Damansara folks
Monday, July 10, 2006
TheStar


THE Strand Damansara, with its refreshing lifestyle theme, is set to spruce up the 4,000-acre Kota Damansara township as it evolves into a popular residential and commercial address.

Located on 45.6 acres, the project is conceptualised by renowned French architect Nicolas Ayoub with French-inspired architecture and design that combines open spaces, lush landscaping and cascading water features.

''The result is an exciting fusion of commercial activities within a relaxed ambience. With alfresco dining along the main 90ft wide and 800ft long boulevard and stylised landscaping and lighting, it will be a magnet to attract the 300,000-strong Kota Damansara population to this latest commercial happening place,'' Encorp Bhd senior general manager Ricky Hong said.

To be built in two phases, the project, with gross development value of RM1bil, is scheduled for completion by 2012.

Sales of more than RM200mil have been recorded since the project’s launch recently.








Ricky Hong explains the concept of The Strand Damansara





Since its soft launch in October last year, parcels 1A, 1B and 1C consisting of 101 shop houses saw more than 90% take up.

Hong said the approved master plan of The Strand Damansara comprised 229 intermediate and 36 corner shop offices, a commercial complex, car park complex and a pedestrian plaza for al-fresco dining as well as about 500,000 sq ft of office space in three 15-storey office towers. ''We are offering buyers a whole new lifestyle and retail concept within a promising growth area.

''The conveniently located boutique mall will provide for a working environment where work and play can mix freely. In short, The Strand Damansara will be a place to work and unwind, an oasis that is buzzing yet relaxing,'' he added.

Phase one will be developed in six parcels. It will include 229 intermediate units of 3½-storey shop offices, 36 corner units of 4½-storey shop offices, and two service apartment towers of 11 floors each.

There will be a six-storey podium commercial and car-parking complex fronting a vehicle-free pedestrian plaza with ground floor al-fresco dining.

With built-up areas of between 5,500 and 11,000 sq ft, the shop offices are priced from RM1.08mil to RM1.38mil, or RM210 to RM260 per sq ft (psf).

The group is considering tying up with a hotel operator to operate the 132 serviced apartments as a hotel and may offer guaranteed rates of return of 8% to 10% per annum to buyers of the apartments who opt to lease back their units to Encorp.

Phase two will comprise about 360,000 sq ft of office space in three blocks of 15-storey office towers. With expected prices of RM300 to RM400 psf, each tower will be offered for RM36mil to RM48mil.

Hong said the commercial units would have offices on the upper floor, and retail and F&B outlets on the ground floor ''to help businesses support each other and keep this place buzzing, even after office hours.''

''The development’s great location that fronts the major highways makes it an excellent investment for any individual or company wanting to set up business in the area.''

Meanwhile, the Cahaya Alam mixed development will comprise 2,414 link and semi-detached houses, shop houses and apartments for a GDV of RM611mil.












Based on the concept of providing affordable properties in a parkland setting, the target market will be mainly families in the middle-income bracket.

Phase A of Cahaya Alam, comprising 115 double-storey link houses (22ft x 75ft), was launched in October 2004. It has a take-up rate of 97% and a GDV of RM25mil.

Hong said Encorp had appointed IJM Construction (IJMC) as the turnkey contractor for Cahaya Alam. ''We are finalising details with IJMC to launch Parcels B, C and D later this year. Parcels B, C and D comprise 478 units of double-storey link houses with a GDV of RM130mil.''

Hong is confident that the property market would sustain until the following year.

''Landed residential properties are seeing a strong demand, especially those in good locations. Similarly for condominiums, there is big demand for very high-end and big built-up units in good locations such as in Damansara.

''Demand for commercial properties largely depends on location. With the good location and designs of our developments, we are confident they will do well,'' he added.

[Lastresorter]

Originally Posted by szehoong

This is not Bukit Bintang lah so as it isn't centralised, the PJ and Subang market isn't that big to sustain all of em. Maybe in the near future lah but certainly not now. I think we had a serious over supply of retail in that area.

Hmmm... I dont agree leh... If you visit that area during night time, you see thousands n thousands of patrons. More so on weekends and Sundays, traffic come close to standstill sometimes. The current PJ market and the nearby TTDI/Bangsar/MontKiara visitors are enough to sustain all of them. Centrepoint was only a neighbourhood complex but look at its size now!!

I think the success of these complex lies on the fact that they spot on the right market in the right location at the right time. There wasnt a big centralised mall in PJ until 1 Utama came about (which then followed by Sunway Pyramid). And few years back 1U expanded to the giant we see along LDP today yet it is still so so so crowded, it simply means there are still rooms for these complexes to grow, however they may need to position themselves distinctive from one another.

I somehow feel that this area has absorbed some of the wealthier KVites from this part of Klang Valley. They no longer have to take the hassles to travel to BB. Leave BB and KLCC to the visitors hehe. Ohh yeah, and I feel that Sunway Pyramid has absorbed the Subangites $$ and is still expanding.

Ohh yeah another thing about the success of these PJ malls - they have everything one needs for leisure time - gyms, karaokes, food outlets, shopping, cafes, reading outlets (MPH, Borders), cinemas (TGV, GSC, Cathay), furnitures, groceries, etc. No need to go anywhere else lar

I would say the nearest and the biggest contender for these malls is Midvalley lor... or mebbe they are the closest contender to Midvalley... hmm..

[baqthier]

[ZaHiRnYa???]

u not suppose to take pic inside IKEA lar..

[baqthier]

^ wah i never knew! Never expect such rule from a store that gives out free catalogues!

[ZaHiRnYa???]

Originally Posted by baqthier

^ wah i never knew! Never expect such rule from a store that gives out free catalogues!

well..that day my friend was asked by the ikea personnel to delete the photo that he took using his handphone...

[travellator]

the new IBM tower now in Bdr Utama. moved fr TTDI. the other tower is supposed to be a hotel
Baq, u were brave to take photos inside ikea, keep it up...no place is hidden fr your camera

[nazrey]

From flickr.com

image hosted on flickr


image hosted on flickr

[nazrey]

Fireworks at The Curve & 1-Utama shopping complexes 2007.
From flickr.com

image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr

[travellator]

Chinese New Year deco is up at the Curve

[Greg]

Originally Posted by travellator

the new IBM tower now in Bdr Utama. moved fr TTDI. the other tower is supposed to be a hotel
Baq, u were brave to take photos inside ikea, keep it up...no place is hidden fr your camera

Developing Bandar Utama

Updated : 24-02-2007
Media : The Star
Story By : THEAN LEE CHENG



WITHOUT doubt, this will be a busy year for the See Hoy Chan Holdings Group with several projects in different sub-sectors of the property sector pending launch. One thing though has not changed ¡V its founder and chief steward Datuk Teo Chiang Kok continues to remain hands on as far as the group's operations are concerned.

Every once or twice a week, on a working day, he takes a 5km walk around the old and new wing of the 1 Utama mall by himself. (See Hoy Chan's flagship development is Bandar Utama in Petaling Jaya)

I want to know what ¡s the feeling on the ground, Teo, 60, says.

Interest in the group's properties may go up a notch or two soon as the group will be rolling out its last and final phase of landed properties. Thereafter, the focus will shift to condominiums.

There will be 222 units and as soon as the certificate of fitness are issued by the local authorities, we will open them up for sale after the Chinese New Year season,¡¨ says Teo.

He says intermediate two-and-a-half storeys in that location is currently going for RM750,000 a unit in the secondary market. This will be a sort of guide and indication when pricing their latest and last lot of landed housing, bringing the number of landed units to 6,000, says Teo.

The group has been developing 1,000-acre township since the 1990s. When completed, it will have an equal number of condominium units.

Looking back, we have been extremely fortunate to have launched Bandar Utama at a time when there was a rush for housing. The countrys economy at that time was developing rapidly and post WWII babies, then in their 40s and 50s, were ready to move on to a new township.

¡§They have their expectations; from house design to overall feel of the neighbourhood design, traffic management, and environment. We have managed to juggle all these, which encouraged them to move to Bandar Utama.

He believes Bandar Utama will continue to enjoy demand because there is no more freehold land and even less freehold landed properties. This factor, coupled with the conveniences in that area, adds to its appeal.

It will have 14 neighbourhood parks in the middle of each enclave of between 300 and 500 units and two central parks, one of which is opposite 1 Utama mall and another near the condo belt called Westlake Sanctuary of 13 acres. There will be a total of 14 schools and five neighbourhood malls. Centrepoint is first and plans are being drawn up for a second mall.

Developers want to create an address but essentially, it is the residents themselves who create the address,¡¨ says Teo.

On its focus on condominium development from now on, Teo says phase one, 1 Bukit Utama, sits on 15 acres. It has 586 units and was completed more than a year ago and purchasers have moved in. Phase one is currently in the RM500,000 region. Developer¡¦s price was about RM400,000 four years ago.

There will be about 10 phases of condominium developments. Piling work is currently being done for phase two, which will have 1,000 units in three tower blocks of 30-storey over 25 acres, overlooking Metro Kajang Holdings Bhd¡¦s Pelangi 2. Phase two will be launched in the second half of this year.
On its overall concept for condominium developments, the need is for larger units, of between 2,200 sq ft to 2,400 sq ft with five bedrooms (4 plus 1). Phase one is 3 plus 1. They will be built to a more advanced stage before they are launched in order to shorten the delivery period.

Research also shows that facilities are generally not well-utilised with the general underlining feeling - Why pay so much for maintenance when I don¡¦t use them? So there will only be a pool and tennis courts at the individual condominium projects.

¡§Our second central park Westlake will be for residents only. There will be a full Olympic-sized pool, multipurpose hall and squash courts, with options to join. That way, if you do not choose to join, you will still have your own pool and tennis courts below.

The next thing is a nine-hole golf course, which adds to the green and acts as a buffer. Maintenance cost will be minimised because we will use cow grass, instead of Bermuda grass, which does not need fertiliser or only a tenth of it. Indigenous trees will not need pesticides and hormones.

With his fingers in every pie, Teo will also be commencing construction of a new 25-storey new office block between 1 Utama shopping mall and the five-star One World hotel.One World is expected to start operations by May and will be managed by the group. The group will manage most of the commercial and retail properties they own.

Through that, we hope to create the expertise to manage more hotels which we would acquire or construct on our own. That is our plan. We are already in the game, with a team which runs the retail property from 1 Utama to entrepoint.¡¨

[Pablo]

thanks for posting the cny deco of The Curve, travellator...i want to c it so much since szehoong has describe to me how nice it is

[travellator]

Pablo also go see the CNY deco in new wing 1Utama its also nicely done

[Pablo]

lol..i cant..cos i'm in Penang now..i'll be appreciate a lot if some1 can post it here
But i saw the deco of Midvalley...i should say a creative deco

[nazrey]

SEGi College Malaysia
EcoFirst is also involved in the construction of the 10-acre SEGi College Malaysia, the main campus of SEGi International Berhad at Kota Damansara, Selangor.

[nazrey]

Cova Villa
Enjoy unmatched accessibility. Take pleasure in splendid living conditions provided by Cova Villa and Cova Suites. Also, experience ultimate conveniences at Cova Square; the vibrant commercial plaza within easy reach. All amidst peaceful prime neightbourhoods and nearby conveniences right in the heart of buzzing Kota Damansara. Move towards greater heights at The Cova.

[nazrey]

IKEA Damansara



The curve mall

[allurban]

Originally Posted by nazrey

SEGi College Malaysia
EcoFirst is also involved in the construction of the 10-acre SEGi College Malaysia, the main campus of SEGi International Berhad at Kota Damansara, Selangor.

segi really seems to go for the pseudo-classical architecture....a little interesting...maybe getting excessive now?

All the town planning is interesting...anything about the LRT planning?

Cheers, m

[nazrey]

HSBC Opens Branch At Damansara Utama
March 15


KUALA LUMPUR, March 15 (Bernama) -- HSBC Bank Malaysia today opened its 40th branch in Damansara Utama, Petaling Jaya, the last of the four additional branches allowed for locally-incorporated foreign banking institutions.

It provides full-fledged products and services for both personal and business banking customers in addition to its Premier Centre, according to a statement from the bank.

To mark the opening, there are various promotions and offers, such as the HSBC Super Home Loan Deals, it added.