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Old October 29th, 2007, 05:27 PM   #621
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Not bad. I mean the design.
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Old October 29th, 2007, 05:49 PM   #622
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Kiara Hills, Sri Hartamas
posted by wielmaja on WordPress.com.




Last edited by nazrey; October 29th, 2007 at 06:43 PM.
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Old October 30th, 2007, 02:31 AM   #623
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posted by wielmaja on WordPress.com.



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Old October 30th, 2007, 02:45 AM   #624
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Update :Lot 4G7 - 16-storey office tower
by hilmy2007

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Last edited by nazrey; November 8th, 2007 at 05:06 AM.
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Old October 30th, 2007, 08:07 AM   #625
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New Projects
D’Kiara

YNH plans RM2.1bil projects in KL
Monday September 17, 2007
By DAVID TAN


YNH Property Bhd plans to launch luxurious residential and commercial projects with an estimated gross development value (GDV) of RM2.1bil in Kuala Lumpur in late 2007 and early 2008.

Group financial controller Y.M. Chan said the highlights were the RM300mil Duta Kiara 163 Suites and the RM600mil D'Kiara Place that would start construction in early 2008.

“The Duta Kiara 163 Suites, located on a 2.8-acre site adjacent to Duta Nusantara, will comprise 110 units of luxurious condominium.

“Each unit, with a built-up area of at least 3,800 sq ft, is priced at about RM3mil,” he told StarBiz.

He said the construction would start in the first half of the year 2008 and was expected to be completed in 2011.

The D'Kiara Place project, located next to Plaza Mont'Kiara, is a mixed-development scheme on six acres comprising retail units and service condominiums.

It will have two 42-storey blocks of 584 service apartments, a 23-storey office block, and one block of seven-storey podium, comprising three stories of retail lots and four stories of auditorium space.

“There will be two blocks of four-storey car park bays,” said Chan.


The present selling prices of the residential and commercial properties in the Mont'Kiara neighbourhood range between RM350 and RM500 per sq ft, depending on the type of property.

“We expect the selling prices of our project to appreciate between 10% and 15% per annum,” he said.

The D'Kiara Place is expected to contribute to the group's revenue from 2008 till 2012.

Chan said the RM1.2bil project Menara YNH located along Jalan Sultan Ismail on a 3-acre site beside Shangri-La Hotel would start soon.

“Several reputable and global players from Hong Kong, Singapore and New York have come to negotiate with us on a joint venture to develop the project and the negotiations are progressing well.

“The project involves the construction of a single iconic office tower. We intend to call for tender on the construction of the project very soon,” he said.

The Menara YNH project is targeted for completion in 2011.

Chan said the group had about 17 acres of land bank in various prime locations of Kuala Lumpur such Jalan Sultan Ismail, Changkat Kiara, Duta Nusantara, and Duta Solaris.

“We plan to launch luxurious residential property schemes, comprising high-rise properties, there in 2009. The GDV for the forthcoming projects, scheduled for completion in 2013, is estimated to be over RM900mil,” he said.

For its second quarter ended June 31, 2007, YNH posted RM22.4mil in after-tax profit on the back of RM68mil revenue, compared to RM20mil and RM57mil respectively in the previous year's corresponding period.

Listed on Bursa Malaysia in 2003, the group started its real estate business in 1987 in Sitiawan, Manjung and Lumut in Perak, where the group's flagship Bandar Manjung Point township sits.

The project will provide stable revenue of about RM75mil per annum with the construction of 500 commercial and residential units each year.

There is about 1,000 acres of land bank left in Bandar Manjung Point township which the group can develop residential and commercial properties with a gross sales value of RM2.2bil.

The development projects for this land bank in Perak will be carried out in phases for the next 20 years.
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Old October 30th, 2007, 08:10 AM   #626
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[B][SIZE="4"]
The Icon

Mah Sing expects 2008 to be a good year
Friday October 26, 2007
TheStar


KUALA LUMPUR: Mah Sing Group Bhd managing director Datuk Leong Hoy Kum is confident that 2008 will be a prosperous year for the property market and the company as well.

“We believe the property market will do well, underpinned by interest from foreigners and increased domestic demand, especially in medium to high-end residential and commercial projects,” he said.

Leong said the spillover projects from the Ninth Malaysia Plan, low unemployment and high savings rates, and the sustained economic growth momentum would all contribute to the property market's positive run.

“This would be boosted further by recent property incentives announced in the 2008 Budget, and Mah Sing will implement several complementary measures to benefit home buyers,” Leong told reporters after the company EGM yesterday.

To complement the Government's 50% stamp duty exemption for the purchase of homes under RM250,000, Leong said the group would be subsidising the remaining 50% stamp duty for the purchase of Mah Sing homes.

The recently announced increase in the Employees Provident Fund dividend could potentially open up more than RM9bil for the property market to tap, he added.

Group chief financial officer Steven Ng Poh Seng said the local property market would be unaffected by the slowdown in the current US economy.

“The US dollar may be weakening, but our ringgit will strengthen because we have a healthy economy,” he said.

The residential and commercial developer currently has 10 ongoing projects, of which four will be launched next year, including The Icon Mont' Kiara, a commercial development cradled within Mont' Kiara and Sri Hartamas; Duta Perdana, a township in Puchong; Southbay Penang, a mix of residential and commercial components on the island;and the Southgate Commercial Centre, a medium-rise office tower block opposite the group's headquarters.

Leong said response to Southbay Penang had been overwhelming, with up to 1,500 reservations received for the commercial/residential units on offer.

He said the group was also confident of robust sales for Southgate, citing the first phase of d7, YTL Land & Development Bhd's debut commercial development in Sentul East, which sold all 100 units in just one hour.

Leong also said the group was planning to expand to east Malaysia.

“Sabah and Sarawak are states with the highest growth rates in Malaysia. Now is the right time for the cities there to upgrade. We would like to replicate and improve our current designs in east Malaysia.”
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Old October 30th, 2007, 02:18 PM   #627
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Mont’Kiara: A success story
29-10-2007: THEEDGE


WITH the price tag of condominiums in Mont’Kiara steadily rising, is there any more upside in this exclusive enclave for those looking to invest?

Datuk Alan Tong of Bukit Kiara Properties (BKP) and Datuk Michael Yam of Sunrise Bhd, both with ongoing projects in Mont’Kiara that are enjoying brisk sales, think so.

Tong, dubbed the condo king for building the Sunrise brand in the early 1990s before exiting after listing the company on the local bourse, said the future still looks good.

BKP’s latest project, Verve Suites, has done well so far. The first tower called Viva is 90% sold without the benefit of advertisements while the recent launch of the second tower, Vibe, achieved 65% sales within two months of its preview.

Meanwhile, Sunrise set a new benchmark in August when it opened [email protected]’Kiara for preview from RM726 psf. So far, only bumiputera units are still available and the project has yet to be officially launched.

Between 1991 and 2007, Sunrise put on the market 3,200 condo units while other developers in the area have put up 2,700 units, working out to 368 units launched per annum. If based on the forecast of housing needs, demand outweighed supply, Yam said.

He said there were many reasons to invest in Mont’Kiara, especially with Sunrise properties.

“We are well managed and in a very convenient location. Our properties also have premium yield and we offer purchasers high product quality,” he said.

He also said Sunrise’s properties capital values had increased to 60% while yields range between 8% and 12%.

Addressing the traffic congestions, Yam said the Jalan Duta-Kiara flyover, which opened in December last year, offers residents another route to KL. Currently, construction is ongoing on a 100 ft road access while there are plans for another to begin soon.
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Old October 30th, 2007, 02:22 PM   #628
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Verve Suites

Quote:
Originally Posted by nazrey View Post
The Verve Suites



by James Foong

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Old October 30th, 2007, 10:30 PM   #629
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Are these projects all part of a single mega-development, or are they projects for a specific municipality?
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Old October 31st, 2007, 01:57 PM   #630
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Quote:
New & Ongoing Projects
20 storeys - The Icon
@ Jalan Tun Razak

Quote:
Mah Sing to sell one wing of The Icon to Felda co-op
July 27 2007

DEVELOPER Mah Sing Group Bhd has signed an agreement with Koperasi Permodalan Felda Bhd (KPFB) to sell one of two wings of The Icon Jalan Tun Razak to the latter for RM174.4 million.

The deal was secured via its wholly-owned subsidiary Star Residence Sdn Bhd through an en-bloc deal.

Mah Sing group managing director Datuk Leong Hoy Kum said upon execution of the sales and purchase agreement, KPFB will pay RM17.43 million or 10 per cent of the purchase price, with the balance 90 per cent to be paid progressively according to the stage of works completed.

"This 20-storey wing office development has a total floor area of 243,830 sq ft with 301 carpark bays," he said in a statement yesterday.

He said construction of The Icon Jalan Tun Razak is scheduled to be completed in 24 months.

Moving forward, Leong said, with the strong demand for commercial developments and Grade A offices, the firm will continue to target more prime commercial lands in Kuala Lumpur and the Klang Valley for its Icon series of commercial development.

"We target to conclude more en bloc sales for our Icon series including The Icon Mont Kiara, where the signature tower will house SoHo units and corporate designer suites," he said.

Leong said with a seven-year track record of on-time delivery of properties, the group is confident that the Icon series shall make an impact on the market.

The group is targeting local and international companies which are increasingly active in the Central Business District.
Update :
by triple-j

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Old October 31st, 2007, 02:06 PM   #631
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_________________
KL’s 10 Most Expensive Condos

Update :
Completing Soon

Seven 20-storey blocks - PARK 7
by triple-j

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Old October 31st, 2007, 02:17 PM   #632
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Update :
Completing Soon
26 storeys - Office Tower

Quote:
image hosted on flickr


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Old October 31st, 2007, 02:34 PM   #633
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Update :
Completing Soon

Capsquare Retail Street

Quote:


by triple-j

image hosted on flickr


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Last edited by nazrey; October 31st, 2007 at 02:40 PM.
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Old October 31st, 2007, 02:42 PM   #634
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Update :
Completing Soon

FACELIFT - MENARA HAP SENG
A 24-storey corporate office building with 2 level of podium
and basement car park. Formerly known as MUI Plaza.





by triple-j

image hosted on flickr


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Last edited by nazrey; October 31st, 2007 at 03:00 PM.
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Old October 31st, 2007, 02:59 PM   #635
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Update :
Completing Soon

25 and 26 storeys - Suria Stonor

Quote:
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Old November 1st, 2007, 02:34 PM   #636
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New Project - Persada Putra Tower, 30 Storey



Mara Director-General Datuk Nam Marthinin said the RM277 million Persada Putra is expected to be the city's new landmark upon its due date for completion in 2011.
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Old November 2nd, 2007, 05:05 AM   #637
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35-STOREY - ONE KL
KL’S MOST EXPENSIVE CONDO!


Quote:




“My father said we might as well fill it up with water – and that's how the concept of the private swimming pool was born,”

Quote:
by James Foong



by andrei.cretu

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Update :
by riversoflive2000

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Old November 2nd, 2007, 05:19 AM   #638
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Quote:
_________________
KL’s 10 Most Expensive Condos

Quote:
33-storey - Idaman Residence



Update :
by Adamlé Photographique!

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Old November 2nd, 2007, 05:38 AM   #639
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Quote:
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KL’s 10 Most Expensive Condos

Quote:
43, 50-storey - Pavilion Residence



Update :
by Adamlé Photographique!



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Old November 2nd, 2007, 05:41 AM   #640
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Quote:
Bank Negara Resource Centre
By Hijjas Kasturi Associates Sdn







Update :
by triple-j

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