6-Stonor by TanTan - Page 3

nazrey · April 27th, 2008, 02:53 PM

Tan & Tan plans RM500m condo sale
By Vasantha Ganesan Published: 2008/04/26
BusinessTimes

Quote:

Discussions are ongoing to sell the 6 Stonor condominium in Kuala Lumpur, which is tentatively scheduled for launch next year

TAN & Tan Developments Bhd, the property arm of IGB Corp Bhd, is in talks for an en-bloc sale of its high-end condominium called 6 Stonor in Kuala Lumpur for RM500 million.

Tan & Tan's executive director Teh Boon Ghee said that discussions were ongoing to sell the 106 condominium units which will tentatively be launched next year.

"We are looking for en-bloc sales (for 6 Stonor) as there are many foreign investors interested in properties here today," Teh said.

The building will be on 0.58ha of freehold land and its development is currently under building plan.

In an interview with Business Times recently, Teh said that IGB's focus over the next few years will be the Klang Valley.

"Kuala Lumpur will remain the focal point of real estate development, where the rate of appreciation in capital value has been faster than most other second-tier cities in Malaysia," Teh said.

Tan & Tan, whose forte is in condominiums and gated housing, also plans to channel more resources into property development this year.

"For the past two to three years we have been concentrating on The Gardens project and lending our support to it, (so) other property development projects slowed down a little. Now that it has finished, we will furnish a larger percentage of our resources on property development," said IGB's executive director Tan Boon Lee.

"We hope to regain lost opportunity over the past year," Tan said.

IGB's revenue from property development fell 32 per cent to RM262 million in the year to December 31, 2007.

The decline was due to fewer launches as the group focused on completing The Gardens project in Mid Valley.

This year, it plans to launch properties with an estimated gross development value (GDV) of RM350 million and RM2.25 billion in 2009.

At the same time, it also has ongoing projects worth some RM700 million.

It has identified areas surrounding KLCC, Ampang Hilir, Wangsa Maju, Desa Pandan, Mid Valley and Sungai Buloh for projects given the infrastructure support there.

Projects planned for launch this year include 40 units of luxury condos in Ampang Hilir (GDV RM80 million), 218 units of serviced residences and 15 units of shop offices in Desa Pandan (GDV RM116 million), 66 units of Sierramas Hillside Villas (GDV92 million) and 17 units of villas in Sierramas Mews (GDV RM32 million).

Tan & Tan has some 81ha in the Klang Valley, of which 52.5ha is in Wangsa Maju. This project, with a GDV of RM1.2 billion, will be developed over seven years.

The group has over 500ha in Negri Sembilan, Pahang and in Pangkor.

Greg · September 15th, 2008, 04:14 PM

6 Stonor no longer under upcoming projects on tantan.com - project probably sold.

rizalhakim · September 16th, 2008, 03:54 AM

Quote:

Originally Posted by Greg

6 Stonor no longer under upcoming projects on tantan.com - project probably sold.

yeah just wait 4 their MidValley phase 3 and another condo project in Desa Pandan

Greg · January 6th, 2009, 02:43 PM

I check with Tantan at their Midvalley sales office. They said 6 Stonor still on and will be launched soon. I said that they told me the same thing 2 years ago

rizalhakim · January 7th, 2009, 02:51 AM

Quote:

Originally Posted by Greg

I check with Tantan at their Midvalley sales office. They said 6 Stonor still on and will be launched soon. I said that they told me the same thing 2 years ago

aiyo greg..dis days we have to wait 4 everytin la hehe

patchay · January 7th, 2009, 04:52 AM

i alwas thought Greg is in Zurich... lol

rizalhakim · January 7th, 2009, 08:57 AM

another project by Tan&Tan
Seri Ampang Hilir

Seri Ampang Hilir, a new luxury low-rise residential development of 10 storey is an urban gem in the making. This single block of spacious interiors incorporates only 40 units of generous living space. With limited number of units, you can be assured of the development’s low-density character that would certainly be an attractive home for anyone. For those who yearn to live nearer to the ground in the heart of the city, this is the condominium for you.

Located on a freehold land at Jalan Ampang Hilir, Seri Ampang Hilir comprises partments, penthouses and duplexes. Standard condominiums range from 2,238sq ft to 2,609sq ft, with penthouses and duplexes ranging from 3,801sq ft to 5,246sq ft. The total number of rooms in each unit range from 3+1 to 4+1. Sizes of the apartments have been carefully crafted for the optimum comfort of average-sized families. Linear light flow is a key element of the interior. Your home would be well lit in the day as natural
light flows straight from the living area to the kitchen, uninterrupted. This in turn can mean savings on electricity charges. The natural light also adds interesting dimensions to the contemporary yet homely feel of the interiors.

Tan & Tan is conscious of the various needs of its customers. To accommodate those who may have difficulty in physical movement, the area between the bathrooms and the rooms have minimal drops to decrease the possibility of slips and falls.

The generous interior space and mobility friendly design extends to the landscaped communal areas.
Be greeted by refreshing greenery along the pathway beside the swimming pool and all around the development. A decades-old raintree sits majestically at the back of the development providing a certain sense of separation from the frenzy of inner city life.

Seri Ampang Hilir is expected to be launched in 2009.

Greg · January 7th, 2009, 04:31 PM

Quote:

Originally Posted by patchay

i alwas thought Greg is in Zurich... lol

I usually am in Zurich, but was on Christmas in KL. I have actually more pics to upload, but my computer kaput.

rizalhakim · January 8th, 2009, 02:45 AM

Quote:

Originally Posted by Greg

I usually am in Zurich, but was on Christmas in KL. I have actually more pics to upload, but my computer kaput.

u celebratd ur xmas here??? aiyo...xmas dem boringla in kl..hehe....u shud spend hari raya or chinese new year here n not xmas....

Greg · January 8th, 2009, 09:04 AM

Quote:

Originally Posted by rizalhakim

u celebratd ur xmas here??? aiyo...xmas dem boringla in kl..hehe....u shud spend hari raya or chinese new year here n not xmas....

It was only coincidence. But the decoration and everything at Starhill Gallery was fantastic. Hope to be in KL for raya this year.

fritz_kaktus · February 25th, 2009, 03:33 PM

Best X-mas in KL!!! In Europe they're hysterical before Christmas. Plus I love when Asian kids sing X-mas songs and no snow but huge X-mas trees and snow not cold but just artificial...

Greg · June 1st, 2009, 09:44 AM

IGB expects to maintain 2008's growth rate

2009/05/27

IGB Corp Bhd hopes to maintain its last year's performance with the earnings from retail and commercial divisions expected to outperform its property business.

Managing director, Robert Tan Chung Meng, said the company would reduce property launches this year based on the current economic backdrop.

"We expect to see a flat growth this year due to fewer property launches but other components (retail and commercial) will make up the shortfall," he told a media briefing after the company's annual general meeting in Kuala Lumpur today.

He said the company has put on hold the development of its Mid Valley Parcel 3 and Stonor projects, which were scheduled to be launched this year.

"The gross development values of these two projects were about RM1.5 billion to RM2.0 billion respectively.

"However, we believed the retail income from the quality assets that we have (the Garden All-Suite Residences and North Office Towers) to kick off this year and will boost our performance," he said.

Tan said IGB would continue to invest in the property markets abroad.

The company has already identified markets in Vietnam, Bangkok (Thailand), Australia and China but has yet to conclude any deals, he said.

"We are eyeing opportunities there. It could be either be joint ventures or we will own the property," he said, adding that IGB's construction of the 550-room hotel in Manila was progressing well and was expected to be completed by first quarter 2010.

Tan said IGB also planned to exit some of its hotel businesses.
"The company is going to sell its 910-room Renaisance Hotel which has an estimated value of about RM800 million and the RM200 million worth of MiCasa All-Suite Hotel," he said.

Pre-tax profit for the first quarter ended March 31, 2009 rose to RM54.0 million from RM48.7 million in the same quarter of last year due to higher contribution from property investment and hotel division.

Revenue rose to RM165.6 million from RM162.0 million. - Bernama

rizalhakim · June 1st, 2009, 09:57 AM

yeah delay

ayee_75 · June 13th, 2012, 11:01 AM

Quote:

Originally Posted by rizalhakim

yeah delay

Still delay or have change the consultant/developer?

February 25th, 2009, 03:33 PM	#51
fritz_kaktus Certified Bird Handler Join Date: Jun 2007 Location: Bali Posts: 393 Likes (Received): 5	Best X-mas in KL!!! In Europe they're hysterical before Christmas. Plus I love when Asian kids sing X-mas songs and no snow but huge X-mas trees and snow not cold but just artificial... __________________ Certified Bali Bird Handler

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September 15th, 2008, 04:14 PM	#42
Greg Registered User Join Date: Nov 2003 Location: Zurich Posts: 3,196 Likes (Received): 1	6 Stonor no longer under upcoming projects on tantan.com - project probably sold.

January 6th, 2009, 02:43 PM	#44
Greg Registered User Join Date: Nov 2003 Location: Zurich Posts: 3,196 Likes (Received): 1	I check with Tantan at their Midvalley sales office. They said 6 Stonor still on and will be launched soon. I said that they told me the same thing 2 years ago

January 7th, 2009, 08:57 AM	#47
rizalhakim PROUD 2 B MALAYSIAN Join Date: Nov 2007 Location: KL Posts: 32,361 Likes (Received): 176	another project by Tan&Tan Seri Ampang Hilir Seri Ampang Hilir, a new luxury low-rise residential development of 10 storey is an urban gem in the making. This single block of spacious interiors incorporates only 40 units of generous living space. With limited number of units, you can be assured of the development’s low-density character that would certainly be an attractive home for anyone. For those who yearn to live nearer to the ground in the heart of the city, this is the condominium for you. Located on a freehold land at Jalan Ampang Hilir, Seri Ampang Hilir comprises partments, penthouses and duplexes. Standard condominiums range from 2,238sq ft to 2,609sq ft, with penthouses and duplexes ranging from 3,801sq ft to 5,246sq ft. The total number of rooms in each unit range from 3+1 to 4+1. Sizes of the apartments have been carefully crafted for the optimum comfort of average-sized families. Linear light flow is a key element of the interior. Your home would be well lit in the day as natural light flows straight from the living area to the kitchen, uninterrupted. This in turn can mean savings on electricity charges. The natural light also adds interesting dimensions to the contemporary yet homely feel of the interiors. Tan & Tan is conscious of the various needs of its customers. To accommodate those who may have difficulty in physical movement, the area between the bathrooms and the rooms have minimal drops to decrease the possibility of slips and falls. The generous interior space and mobility friendly design extends to the landscaped communal areas. Be greeted by refreshing greenery along the pathway beside the swimming pool and all around the development. A decades-old raintree sits majestically at the back of the development providing a certain sense of separation from the frenzy of inner city life. Seri Ampang Hilir is expected to be launched in 2009.

June 1st, 2009, 09:44 AM	#52
Greg Registered User Join Date: Nov 2003 Location: Zurich Posts: 3,196 Likes (Received): 1	IGB expects to maintain 2008's growth rate 2009/05/27 IGB Corp Bhd hopes to maintain its last year's performance with the earnings from retail and commercial divisions expected to outperform its property business. Managing director, Robert Tan Chung Meng, said the company would reduce property launches this year based on the current economic backdrop. "We expect to see a flat growth this year due to fewer property launches but other components (retail and commercial) will make up the shortfall," he told a media briefing after the company's annual general meeting in Kuala Lumpur today. He said the company has put on hold the development of its Mid Valley Parcel 3 and Stonor projects, which were scheduled to be launched this year. "The gross development values of these two projects were about RM1.5 billion to RM2.0 billion respectively. "However, we believed the retail income from the quality assets that we have (the Garden All-Suite Residences and North Office Towers) to kick off this year and will boost our performance," he said. Tan said IGB would continue to invest in the property markets abroad. The company has already identified markets in Vietnam, Bangkok (Thailand), Australia and China but has yet to conclude any deals, he said. "We are eyeing opportunities there. It could be either be joint ventures or we will own the property," he said, adding that IGB's construction of the 550-room hotel in Manila was progressing well and was expected to be completed by first quarter 2010. Tan said IGB also planned to exit some of its hotel businesses. "The company is going to sell its 910-room Renaisance Hotel which has an estimated value of about RM800 million and the RM200 million worth of MiCasa All-Suite Hotel," he said. Pre-tax profit for the first quarter ended March 31, 2009 rose to RM54.0 million from RM48.7 million in the same quarter of last year due to higher contribution from property investment and hotel division. Revenue rose to RM165.6 million from RM162.0 million. - Bernama

June 1st, 2009, 09:57 AM	#53
rizalhakim PROUD 2 B MALAYSIAN Join Date: Nov 2007 Location: KL Posts: 32,361 Likes (Received): 176	yeah delay