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Old September 3rd, 2009, 02:09 PM   #2001
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Lot 4G10
39 fl



UPDATE:
By James Foong
2nd from right

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Old September 3rd, 2009, 02:11 PM   #2002
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Lot 4G11
39 fl







UPDATE:
by James Foong



Far right:

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Old September 3rd, 2009, 09:41 PM   #2003
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Glomac eyes more land in Cyberjaya
By Sharen Kaur Published: 2009/09/04

DEVELOPER Glomac Bhd (5020) might buy more land in Cyberjaya, Selangor following the success of its RM180 million flagship Glomac Cyberjaya project.

The first phase of Glomac Cyberjaya, comprising 39 units of three-storey and three-and-a-half storey shop offices worth RM64 million or more than RM1.45 million each were launched in late July.

Group executive vice-chairman Datuk Richard Fong said 75 per cent of the units were sold within a week.

"We were caught by surprise. We did not expect sales to move so fast. It shows the market is improving and there is demand for shopoffices in Cyberjaya. We will buy more land in Cyberjaya if demand for the properties pick up," Fong said.
Glomac had acquired 3.3ha of freehold land to develop Glomac Cyberjaya from land owner, Cyberview Sdn Bhd, for RM21.24 million in January.

"We still have 24 units of three-and-a-half story shopoffices worth RM40 million to sell. We are launching the units this month and expect sales to move as quickly," he told Business Times.

The final phase for Glomac Cyberjaya will include a data centre and a 15-storey office tower, worth a combined RM75 million.

Fong said the two buildings will be launched in early 2010 and Glomac is looking for serious en bloc buyers.

"We have been approached by some parties but there is nothing on the table yet," Fong said.

Glomac Cyberjaya is strategically placed in Cyberjaya and its immediate corporate neighbours are bigwigs like HSBC, DHL and Ericsson.
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Old September 8th, 2009, 10:13 AM   #2004
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Integra Tower

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UPDATE:
by msyukry08

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Old September 8th, 2009, 10:58 AM   #2005
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Hampshire Place



UPDATE:
by msyukry08

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Old September 8th, 2009, 03:41 PM   #2006
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Cyberjaya office occupancy rate high
BusinessTimes

CYBERJAYA landowner Cyberview Sdn Bhd says that the average occupancy rate for offices in the MSC status area is at 94 per cent.

The demand for office space is so great that Cyberview will start work on SME Technopreneur Centre III a year ahead of schedule.

Cyberview had planned to start work on the third instalment of offices catered to small and medium enterprises in 2010.

Cyberview was set up by the government in 1996, with the Minister of Finance Inc owning 70 per cent and the remaining stakes held by different government agencies, which include the Multimedia Development Corporation (MDeC).

Between September 2007 and August 2008, the supply of office space in Cyberjaya had increased by another 1.05 million sq ft to 4.22 million sq ft.

Another additional 1.64 million sq ft of office space will be ready by the third quarter of 2009, bringing the total space for businesses in Cyberjaya to 5.86 million sq ft.

Cyberview managing director Redza Rafiq said interest in the intelligent city has also not waned, adding that MDeC is in talks with between five and six multinational corporations (MNCs) to set up base in the area. He did not elaborate.

There are 474 companies located in Cyberjaya, 30 of which are MNCs.

Meanwhile, the master developer of Cyberjaya, Setia Haruman Sdn Bhd, is also upbeat about its housing projects in Cyberjaya.

Demand is now shifting to out-of-town buyers from just those working and living in Cyberjaya, said Setia Haruman chief operating officer Lao Chok Keang.

The Emkay group owns 75 per cent of Setia Haruman, which was appointed as master developer of Cyberjaya in 1998.

Setia Haruman has developed some 3,000 houses, of which 250 are high-end developments while the rest are medium-cost housing.

To date, some 750 medium-cost houses and about 200 high-end units have been sold. More medium-cost houses are expected to be built in the area to meet demand for homes within the RM200,000 to RM500,000 bracket.
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Old September 8th, 2009, 06:22 PM   #2007
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Quote:
Originally Posted by nazrey View Post
New Project
Neo Damansara



ACTUAL SITE

UPDATE:

Quote:
Originally Posted by rizalhakim View Post
image hosted on flickr


image hosted on flickr
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Old September 8th, 2009, 06:23 PM   #2008
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1 FIRST AVENUE



UPDATE:
by rizalhakim

image hosted on flickr
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Old September 8th, 2009, 06:27 PM   #2009
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Menara Surian
Mutiara Damansara



UPDATE:
From panaramio



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Old September 10th, 2009, 01:00 AM   #2010
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Lot 4G7
COMPLETED
From flickr

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Old September 10th, 2009, 09:52 AM   #2011
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MK 28



Quote:
Originally Posted by davidwsk View Post
Construction Started.

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UPDATE:

Quote:
Originally Posted by rizalhakim View Post
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Old September 10th, 2009, 11:05 PM   #2012
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V SQUARE



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Quote:
Originally Posted by rizalhakim View Post
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Old September 11th, 2009, 12:52 PM   #2013
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The Icon



UPDATE:
by msyukry08

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Old September 14th, 2009, 02:43 PM   #2014
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The Pearl
41x2 storeys

[IMG]http://www.**************/show/2009/09/14/03/43/5081738_323x367.JPG[/IMG]

UPDATE:
by rizalhakim

image hosted on flickr


image hosted on flickr
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Old September 15th, 2009, 03:25 PM   #2015
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Quote:
Originally Posted by nazrey View Post
From left: Lot 4G8, 4G9, 4G10, 4G11

[IMG]http://www.**************/show/2009/06/20/06/20/4058639_600x450.JPG[/IMG]

[IMG]http://www.**************/show/2009/06/20/06/20/4058641_600x450.JPG[/IMG]
UPDATE:
From flickr

image hosted on flickr
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Old September 15th, 2009, 04:19 PM   #2016
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is Putrajaya the new capital of Malaysia, not KL anymore?
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Old September 15th, 2009, 04:35 PM   #2017
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Quote:
Originally Posted by nazrey View Post
[B][SIZE="4"]

i love this project
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Old September 15th, 2009, 04:39 PM   #2018
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Quote:
Originally Posted by naughtycalboy View Post
is Putrajaya the new capital of Malaysia, not KL anymore?
not really...KL still the capital of malaysia while putrajaya is the administrative centre for malaysia government...most of the government agencies already move to this city...
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Old September 15th, 2009, 04:41 PM   #2019
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Quote:
Originally Posted by naughtycalboy View Post
is Putrajaya the new capital of Malaysia, not KL anymore?
Putrajaya located south of Kuala Lumpur, that serves as the federal administrative centre of Malaysia. The seat of government was shifted in 1999 from Kuala Lumpur due to the overcrowding and congestion there.

Nevertheless, Kuala Lumpur still remains as Malaysia's national capital and also as the commercial and financial centre. In 2001, Putrajaya was made a Federal Territory, increasing the number of federal territories to three. Kuala Lumpur and Labuan are the other two.



Putrajaya also located just adjacent to Cyberjaya, Silicon Valley of Malaysia which both are in between KLIA (Kuala Lumpur International Airport) and Malaysian capital, Kuala Lumpur. In 2002, airport rail link, KLIA Transit also was linking Putrajaya/Cyberjaya to both Kuala Lumpur and KL International Airport in Sepang



NOTE:
JAYA MEANS SUCCESS
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Old September 15th, 2009, 08:24 PM   #2020
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Quote:
Originally Posted by nazrey View Post
Glomac selling corporate tower to govt agency
By Sharen Kaur
Published: 2009/08/17



PROPERTY developer Glomac Bhd (5020) is selling one of its two corporate towers at its upmarket RM800 million Glomac Damansara development in Petaling Jaya to a government agency for RM200 million.

Its executive vice-chairman Datuk Richard Fong Loong Tuck said the deal is due to be finalised by month-end.

Glomac Damansara consists of a 15- and 30-storey corporate tower, two 25-storey serviced apartment blocks, five- and eight-storey shop offices, nine- and 11-storey office suites and a hybrid retail mall.

Fong told Business Times the government agency will buy the 30-storey corporate tower but it wants the height reduced by five floors.
"We are in negotiations with the agency and will plan the design of the building according to their request. Since we are reducing the height of the tower, we will raise the floors for the other buildings," Fong said.

Fong said the office suites, which will be launched in mid-2010, may be increased by two floors, increasing its value from RM120 million currently.

Fong said other investors have approached Glomac for the 15-storey tower, which is valued at RM60 million and earmarked as its new headquarters.

He added that negotiations are ongoing with some of the parties.

"We will launch and hope to sell the corporate tower, shop offices and office suites before introducing the serviced apartments and mall next year. There is demand for office space in this area," Fong said.

Glomac has sold 70 per cent of the five- and eight-storey shop offices, launched in March this year.

Fong said sales of the shop offices were slow initially but picked up from late May.

As for the apartment blocks, Glomac is mulling to launch the units in early 2010, targeting locals within Petaling Jaya, Taman Tun Dr Ismail, Bandar Utama, Damansara and Bangsar, Fong said.

Fong said the price of the apartments have been pegged at RM600 per sq ft and above.

"When we first planned the apartments, we were looking to have 208 units, each with a built-up of 1,500 sq ft. However, we have reduced the sizes to 800 sq ft to 1,500 sq ft so we are now offering 300 units for sale to the man on the street," Fong said.

"We are not targeting en bloc buyers as there are not that many around. Previously, there were a lot of buyers from the Middle East but they have become very cautious and are cash-strapped as a result of the financial meltdown," Fong said.

Fong said Glomac will start construction on the mall, which is worth RM150 million, by the end of 2010.
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