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Old June 23rd, 2010, 11:04 AM   #2421
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The beautiful View of Kiara Hartamas...






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Old June 23rd, 2010, 01:06 PM   #2422
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anymore news?

no more news about CJ? SOS!!
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Old June 25th, 2010, 12:55 PM   #2423
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Some megaprojects in Kuala Lumpur

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Old June 25th, 2010, 01:02 PM   #2424
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Pudu Jail Redevelopment

RM5 billion Pudu Prison redevelopment to kick off this year
By Rosalynn Poh of theedgeproperty.com
Wednesday, 12 May 2010 14:09



An artist impression: Bukit Bintang city Centre
- Photo from Kosmo


KUALA LUMPUR: The redevelopment of the Pudu Prison site along Jalan Pudu in Kuala Lumpur is expected to commence construction by year-end.

UDA Holdings Bhd managing director Datuk Jaafar Abu Hassan told theedgeproperty.com recently, that the developer is “at the tail end of finalising plans for the project and hopes to start building within this year”.

The proposed development plan includes a mall, residential and commercial components, as well as first grade offices.

Sources familiar with the development say the mega project will cover almost 22 acres made up of the Pudu Prison site as well as the adjacent field. It was reported that the developer would set aside RM5 billion for the project.

Parts of Pudu Prison were demolished after the developer handed over a portion of the site for a road expansion and tunnel project to ease traffic congestion in the area. The road expansion is slated for completion by September next year.

UDA Holdings is currently involved in upgrading works of the Puduraya bus terminal in the heart of Kuala Lumpur. Jaafar said the upgrading is scheduled for completion by year-end, but expects 80% completion by mid August for Hari Raya.

“Public safety is paramount to us. It is a huge investment for us but the new layout will definitely be better. We are under pressure to perform but we hope the public would appreciate the new fully air-conditioned waiting area,” Jaafar said about the new Puduraya. The budget for the upgrading works of Puduraya is RM52 million. Currently, all bus operations in Puduraya have been redirected to Bukit Jalil.

Among the other projects currently being carried out by UDA Holdings are high-end condominiums Sinaran TTDI in Taman Tun Dr Ismail and Gaya Bangsar, both in Kuala Lumpur, as well as it’s on-going township Bandar Tun Hussein Onn in Cheras and pockets of residential developments in Penang.
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Old June 25th, 2010, 01:08 PM   #2425
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Jalan Duta

Big plans for Naza TTDI
By Racheal Lee Sunday, 20 June 2010



Malaysia External Trade Development Corporation (MATRADE)
MATRADE Exhibition and Convention Centre, the country's largest exhibition and convention centre in Kuala Lumpur.
-Photo from mmail


Matrade Centre
The project in Jalan Duta is expected to include a 100-storey tower — probably the tallest building in the country. The project will also comprise residential and commercial components, a hotel, a mall as well as the Matrade Centre.

The developer hopes to build the Matrade Centre, the country’s largest exhibition and convention centre, by 3Q2010. “We are still in the planning stage for the remaining components. It will be a very exciting project and we are looking to announce the master plan by 3Q2010 or the end of this year,” Faliq says.
The 13.1-acre Matrade Centre site will be linked to the existing Menara Matrade. It will have three floors to house 12 exhibition halls for large-space exhibitions, such as those for heavy industries and advanced technology.

It will also house a 1,230-seat auditorium, a multi-purpose hall, meeting rooms and display areas.
With projects that can sustain the developer for the next 15 years, Faliq’s vision is to make Naza TTDI one of the top developers in Malaysia.

“So far we are on the right track and hopefully in the future, we will be more exciting. Going forward, things will be more competitive. We would need to be more creative and innovative to develop what people need and want,” he says.

Ongoing projects include The Valley TTDI Ampang, comprising 66 link villas, 56 bungalows and 12 exclusive bungalows on a 35.5-acre leasehold tract. This will be completed in July. About 90% of the project has been taken up.

Another ongoing project is the 9.1-acre Platinum Park in KLCC. A 50-storey office tower was sold to the Federal Land Development Authority (Felda) for RM640.7 million in January 2008. It is scheduled for completion by 2Q2012. The second block, a 30-storey office building, was sold to a government-linked company. Lembaga Tabung Haji is believed to be the buyer.

“We are looking to secure MSC status for all offices in Platinum Park. We have also appointed Foster & Partners to design the buildings in the remaining phases of Platinum Park. We will be coming up with plans for the residential component, retail component and possibly hotel component soon.

“We may launch one of the apartment blocks, offering small units by the end of this year. The gap in launching each subsequent development is a year,” Faliq says.

The whole project is scheduled for completion in 2016.

Naza TTDI also hopes to develop another township modelled after its very successful Taman Tun Dr Ismail (TTDI) township. And it is looking for more land to add to its current 436-acre landbank located in the KLCC area, Kajang, Shah Alam and Puchong.
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Old June 25th, 2010, 01:13 PM   #2426
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Kampung Baru

Big plans for Naza TTDI: Kampung Baru
By Racheal Lee Sunday, 20 June 2010



AN ARTISTS IMPRESSION: Puncak Baru
- From Utusan Malaysia Online


In its Puncak Baru project in Kampung Baru, the Malay settlement in the heart KL city, Naza TTDI has proposed a mixed development of office and residential towers and plans to launch these by 3Q2011. The development on the 3.7-acre site of the current Sunday market in Kampung Baru is estimated to cost RM500 million.

“Kampung Baru has been Naza’s headquarters for years and we feel it would be good for us to give something back. We are preparing a master plan for Puncak Baru for submission. We are probably the first developer to redevelop Kampung Baru. We might go for mid-range apartments, to complement the KLCC area, and they will be something iconic,” Faliq says.

The Cabinet recently approved a redevelopment plan for Kampung Baru.
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Old June 25th, 2010, 01:18 PM   #2427
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Datum Jelatek

PKNS Embarks On Redevelopment Of Old Residential, Commercial Sites
May 13, 2010 19:31 PM



AN ARTISTS IMPRESSION:
Datum Jelatek


PETALING JAYA, May 13 (Bernama) -- The Selangor State Development Corporation (PKNS) has embarked on the redevelopment of old residential and commercial sites in Selangor to take advantage of their prime locations.

Its general manager, Othman Omar, said the corporation had identified 16 locations in the state to be redeveloped over the medium and long term.

"For a start, it has embarked on redevelopment of Pusat Bandar Keramat near the Jelatek LRT station in Kuala Lumpur," he told a briefing after signing a memorandum of understanding between PKNS and Bernama for the supply of news and information here Thursday.

Othman signed on behalf on PKNS and Bernama general manager, Hasnul Hassan, signed on behalf of the national news agency.

Also present were PKNS deputy general manager Md Nasir Md Arshad and Bernama editor-in-chief, Datuk Yong Soo Heong.

The new development at Pusat Bandar Keramat, which will have a gross development value of RM1.3 billion, will be known as Datum Jelatek and will comprise residential and commercial properties, including a shopping mall and recreational facilities.

Othman said the redevelopment included providing compensation to the previous residential and commercial owners.

He said the objective of the redevelopment was to leverage on the prime locations of these areas and for PKNS to provide better amenities to the residents.

"Our old apartments used to be single room or studio types. Under our new development, we intend to provide more for the residents," he said.

-- BERNAMA
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Old June 25th, 2010, 01:24 PM   #2428
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Taman Sari waterfront city

Asie: RM4.77b GDV for Taman Sari waterfront city project
By Zuraimi Abdullah Published: 2009/07/24



AN ARTISTS IMPRESSION:
The 60-storey revolving tower in parcel M


The first phase of an ambitious Taman Sari waterfront city project at the former Pekeliling flats area in Kuala Lumpur is expected to generate RM4.77 billion in gross development value (GDV), its owner said.

The owner, Asie Sdn Bhd, expects to spend nearly RM1.5 billion to develop the phase, which will include a centrepiece 60-storey revolving tower costing RM1.1 billion.

The whole project itself, encompassing 24 parcels on 23.08ha at the intersection of Jalan Pahang and Jalan Tun Razak, should be fully developed in seven to 10 years.

"We will work on parcel K first. After six months, parcels X and L will be simultaneously launched. The following six months, we will launch parcel M, which will boast the 60-storey revolving tower.

"Each parcel should take about 36 months to complete," Khalil told reporters after signing an agreement with Thailand's CH Prosper Co Ltd in Kuala Lumpur yesterday.

Prior to this, Asie has tied up with another Thai firm, Saha Regal Best Co Ltd, to provide some funds for the project.

The latter will also own a 20 per cent share in the joint-venture company, Taman Sari Development Corp, which was set up to develop the project.

Other Thai investors in the project include Virginia Corp and Islamic Bank of Thailand.

A RM417 million loan has been secured from Bank Pembangunan Malaysia Bhd, while some other fundings came from the sale of condominium units under parcel K, Khalil said.

"We have sold 30 per cent of the 178 units of condominiums under parcel K," he added.

Asie won a 99-year concession about 10 years ago to redevelop the one-room Pekeliling flats area built in the 1970s. In return, it will provide new houses for the affected owners at new locations.

The company had so far built about 3,000 units, or 40 per cent of the total houses required, costing RM150 million.

Parcel M with the unique tower, will be built on the banks of the Gombak River. Other parcels within the Taman Sari project will include hotels, condominiums, office and commercial blocks, government and public housing and a medical centre.

Asie is controlled by Khalil, who was an aide to the late Tun Abdul Razak Hussein, Malaysia's second prime minister.
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Old June 25th, 2010, 01:30 PM   #2429
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Merdeka Stadium

CEO: PNB skyscraper study in advanced stages
By EUGENE MAHALINGAM Thursday December 24, 2009

KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) study of a proposal for a multi-storey building here is in “advanced stages,” according to president and group chief executive Tan Sri Hamad Kama Piah Che Othman.

However, he neither confirmed nor denied that the building would be a 100-storey skycraper.

Tun Ahmad Sarji Abdul Hamid (left) and Tan Sri Hamad Kama Piah Che Othman announcing the income distribution.

“Whatever assets we have, we need to do a proper study to ensure that the returns we achieve will be beneficial for our shareholders. The study (for the building) is in advanced stages.

“I’m not saying it will be 100 storeys, but we are going to develop something,” he told reporters after announcing the income distribution for its Amanah Saham Nasional (ASN) fund yesterday.

Hamad Kama Piah declined to comment on whether the evaluation was being undertaken by local or foreign consultants. The building is expected to be developed near Stadium Merdeka and Stadium Negara.

On the reason for the proposed development, he said: “We want to improve our returns. If you just rely on equity and the stock market – there are too many ups and downs. Through this diversification, it helps to improve our returns.”

On another note, Hamad Kama Piah confirmed that PNB had purchased the 22-storey Kenanga International Building in Kuala Lumpur from Injaz AsiaEquity Property but declined to verify that the purchase cost the company RM250mil.

He also said PNB was looking at the possibility of listing its property assets, namely Island & Peninsular Bhd, Pelangi Bhd and Petaling Garden Bhd. “It will depend on whether it would benefit our shareholders and if the timing is right.”

Asked on the progress of PNB’s 10 billion-unit Amanah Saham 1Malaysia (AS1M) fund, he said 2.96 billion units had been subscribed by 235,032 investors since its launch on July 31.

Subscription of the AS1M units is subject to an allocation of 50% for bumiputras, 30% for Chinese, 15% for Indians and the remainder for other minority groups.

Hamad Kama Piah said about 82% and nearly 20% of the Chinese and Indian quotas respectively had been filled, adding that there was “still a lot to go” for the bumiputra allocation.

He said PNB might extend the period for subscribing to the AS1M share trust units, which has a Dec 31 deadline.

Asked whether PNB expected the 10 billion units to be fully subscribed, Hamad Kama Piah said “it would take time,” adding that the company was currently conducting nationwide promotions to create more awareness of the AS1M fund to the public.

Meanwhile, PNB announced an income distribution of 5.2 sen per unit for its ASN fund for the financial year ending Dec 31, 2009.

The income distribution will involve a total payment of RM81.52mil versus RM79.9mil last year.

PNB chairman Tun Ahmad Sarji Abdul Hamid said based on the net asset value of ASN of 75.86 sen per unit on Dec 22, 2009, the yield derived from the income distribution of 5.2 sen per unit was 7.36%.

The price return for ASN for the same period is 25.75%.

“Therefore, based on the rise of the net asset value of ASN from RM0.5619 per unit on Dec 31, 2008 to 75.86 sen per unit on Dec 22, 2009, the total return recorded by ASN is 35.01%,” Ahmad Sarji said.

Up until Tuesday, ASN recorded a gross income of RM87.91mil. Of the amount, the profit from the sale of shares contributed RM55.46mil (63.09%) followed by dividend income that contributed RM23.75mil (27.02%), while RM8.70mil (9.89%) was derived from short-term investment instruments.

The income distribution of ASN is calculated based on the units held on Dec 31, 2009, which is the last day of the ASN financial year. The payment will benefit 1.19 million unit holders which currently hold more than 1.57 billion units of ASN.
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Old June 25th, 2010, 01:31 PM   #2430
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Sungai Besi Royal Malaysian Air Force (RMAF) base redevelopment

Mixed views on Sg Besi airbase redevelopment
By Racheal Lee Sunday, 20 June 2010 00:00

It is just a matter of time before the estimated 400-acre Sungai Besi Royal Malaysian Air Force (RMAF) base in Kuala Lumpur (picture) is redeveloped, considering its substantial size and strategic location that’s only a 15-minute drive from the KLCC area.

A recent report in The Edge Financial Daily quoted sources as saying the Cabinet has given the mandate to a consortium to develop the site into a multi-billion-ringgit Islamic financial centre. It is learnt the Cabinet has agreed in principle to entrust the task of redeveloping the airbase to a consortium that includes 1Malaysia Development Bhd (1MDB).

Real estate consultants, meanwhile, offer mixed views over the kind of development that should come up on the site.

Traffic congestion in the area is an issue and any development must take this into account, they point out.

Caryn, from Cheras, would know. She uses Jalan Sungai Besi daily to get to her office in KL Sentral and is caught in a constant traffic jam at the U-turn junction in front of the RMAF site.

‘The junction is where motorists coming from Jalan Tun Razak take a U-turn at the overhead bridge along Jalan Sungai Besi (in front of the Chan Sow Lin area) to get to the opposite direction. These motorists then usually turn into Jalan Istana and the congestion continues until the turning into Jalan Lapangan Terbang Lama,” she adds.

Given the traffic congestion, Zerin Properties chief executive Previndran Singhe favours a low-rise business park.

“Obviously most developers wouldn’t go for low rise ... they definitely want to go high rise. Traffic is something they need to look at, which is why they shouldn’t go high rise. If you ask me, this plot has a nice hill on it so I would suggest something very niche like a Silicon Valley with nice boutique-type offices of 12 to 15 storeys and lots of open space, facilities and greenery.

“Rental could be around RM5 or RM8 psf,” he offers.

Previndran also suggests high-end condominiums at the rear and hilly portion of the site, closest to Seputeh.

The development can leverage on the Kelab Golf Angkatan Tentera golf course located next to Taman Bukit Seputeh to offer a residential component with a golf course view.

According to Previndran, residential land bordering Seputeh is going for about RM215 to RM220 psf while the nearby site, where Mah Sing Group Bhd’s Southgate commercial development is currently seated on, was priced at RM251 in 2007.

On the proposed Islamic Financial Centre, Previndran says it will take more than building structures to establish a successful Islamic financial centre.

“Well, everybody wants to have an Islamic financial centre so it has to be different. it is about the policy and regulations, the incentives and whether we can get Islamic financial expertise and top-notch people to come in.

“At the end of the day, it is how you manage and execute it that are most important,” he reasons.
VPC Alliance Sdn Bhd managing director James Wong, on the other hand, thinks an integrated high-rise mixed residential and commercial development, similar to Mid Valley City, is suitable for the site considering its easy accessibility.

Wong is all for high-rise integrated developments on the site, including condominiums, office buildings, hotel and serviced apartments. These can be developed in phases.

“They should go for high-rise mixed development. Of course the traffic is a problem but when I say integrated development, it will be something like Mid Valley City, where you would need to have an integrated transport system to bring people in and out and have multiple entrances and exits. They need to have a good master plan,” he adds.

Wong also expects the consortium that will undertake the redevelopment project to invite private developers to take part.

With this project, adjoining areas like Chan Sow Lin area will be ready for redevelopment next. With another 20 years to go on the lease, Zerin Properties’ Previndran thinks the government will just let the lease expire before it undertakes any projects.

“It was reported many years ago that the area will be redeveloped into an integrated high-end logistic park with low-rise buildings because it is very close to all the highways,” he adds.
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Old June 25th, 2010, 01:38 PM   #2431
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Kg Abdullah Hukum Redevelopment: KL Eco City

SP Setia taking new tack with KL project
By Sharen Kaur Published: 2010/06/10



Malaysia's largest property developer by sales aims to launch its RM6 billion KL Eco City project in Kuala Lumpur by December.

SP Setia Bhd (8664), the country's largest property developer by sales, is targeting to launch its much-talked-about KL Eco City, a RM6 billion project in Kuala Lumpur, by December.

"We postponed the launch of KL Eco City previously because of what was happening globally. We hope this time the project will come on stream as planned," SP Setia president and chief executive officer Tan Sri Liew Kee Sin told reporters after visiting Balai Berita in Kuala Lumpur yesterday.

KL Eco City, described as a green mixed development, is located opposite Mid Valley Megamall. It will be developed in three phases over some 10 years.

SP Setia will build office towers, condominiums and signature offices, including an area for retail.

The project is a joint venture with Kuala Lumpur City Hall (DBKL), which owns the 9.7ha leasehold land in Kampung Haji Abdullah Hukum.

DBKL is partnering SP Setia on a profit-sharing basis, taking 20 per cent of the project's net profit.

Liew said he was upbeat about the project, among SP Setia's biggest.

"We will have a different marketing approach for KL Eco City. It will be something never done before - not by us nor any other developers in Malaysia."

Liew also expressed optimism that SP Setia would meet its RM2 billion sales target for the fiscal year ending October 31 2010.

Up to May 31 this year, it had achieved revenue of RM1.6 billion, attributed to property sales from its 10 ongoing projects in Malaysia and Vietnam.

Since last year, SP Setia has launched several marketing programmes to promote sales, including its popular "5/95 home loan package", which has been emulated by other property developers, and the "Best for the Best" scheme. The latest was the "Invest in Setia Homes".

SP Setia achieved its highest sales of RM1.65 billion last year in spite of the global economic turmoil.
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Old June 28th, 2010, 11:55 AM   #2432
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Office Tower (Lot 2C2)
From http://www.facebook.com/pages/43300-...t/139599347423









UPDATE:
Quote:
Originally Posted by drezahar View Post
P2C2 under construction

image hosted on flickr
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Old June 30th, 2010, 07:08 AM   #2433
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Quote:
Originally Posted by nazrey View Post
From flickr
by Asyraf

Taken from Veritas





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Old July 5th, 2010, 06:34 AM   #2434
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image hosted on flickr
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Old July 7th, 2010, 01:27 PM   #2435
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Some Mega-Developments in PJ
Icon City



Damansara Uptown Phase 2



PJ Sentral Garden City



The Paradigm



Atria Damansara Jaya



Glomac Damansara



PJ Sentral Garden City



Empire Damansara

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Old July 11th, 2010, 11:16 AM   #2436
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Quote:
Originally Posted by nazrey View Post
image hosted on flickr
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Old July 13th, 2010, 07:37 AM   #2437
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@ Precinct 4

[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:
Quote:
Originally Posted by rizalhakim View Post




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Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!
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Old July 13th, 2010, 09:21 AM   #2438
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Quote:
Originally Posted by nazrey View Post
Some megaprojects in Kuala Lumpur

Mid Valley City

image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr






image hosted on flickr


by Ethaniel83



MID VALLEY CITY PHASE 3

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Originally Posted by Victor18 View Post
Phase 3 Tower Model.

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Malaysia Photo Gallery - Click Here for Malaysia Galleries
City & Town - | Kuala Lumpur | Penang | Malacca | Putrajaya | Cyberjaya | Langkawi
Alor Setar, Ipoh, Johor Bahru, Kangar, Kota Bahru, Kota Kinabalu, Kuantan, Kuala Terengganu, Kuching, Seremban, Shah Alam, etc!

Last edited by nazrey; July 21st, 2010 at 12:39 PM.
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Old July 15th, 2010, 06:30 AM   #2439
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cool

excellent
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Old July 16th, 2010, 12:50 PM   #2440
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image hosted on flickr
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