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Old November 13th, 2007, 09:22 AM   #661
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Quote:
42 storeys - Menara Commerce



Quote:
From ijm.com



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Update :
From flickr

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Old November 13th, 2007, 09:29 AM   #662
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New Project - TNB new corporate HQ


Construction of the proposed 34-storey building, estimated to cost up to RM350 million, will start next year and is expected to complete by 2010



image hosted on flickr



TENAGA Nasional Bhd (TNB) is planning a new corporate headquarters in Kuala Lumpur to cater for its 30,000 workforce and expanding operations.

Property valuers said that the proposed 34-storey building could cost between RM300 million and RM350 million.

It could even be higher depending on TNB's requirements.

The new headquarters will be situated on land next to its current headquarters in Jalan Bangsar, which is 70 years old.

It will be designed by famed Malaysian architect Hijjaz Kasturi.

Construction will start next year and is expected to be completed by 2010.

Hijjaz also designed the RM700 million 77-storey Menara Telekom situated in Jalan Pantai, close to TNB's current headquarters.

The TM headquarters is based on renowned Malaysian sculptor and artist Latiff Mohidin's award-winning masterpiece, the Pucuk Rebung, which depicts a young bamboo shoot with strong foundations at its root and few leaves sprouting.

The new TNB headquarters will also be based on the Pucuk Rebung.

"The new building is necessary as the current workplace is filled to the brim, and we want to place all our workers currently scattered everywhere, such as nearby Menara Telekom and Crystal Plaza, under one roof.

"The new building will enable TNB to save on operational costs such as rental payments," said a source.

A full-scale model of the new headquarters is on display at TNB's office lobby. TNB officials could not be reached for comment.
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Last edited by haze; November 13th, 2007 at 09:38 AM.
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Old November 13th, 2007, 10:06 AM   #663
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50+ storeys - Setia Sky Residences
@ jalan tun razak (tun razak road)

Quote:
Originally Posted by Greg View Post






Quote:
From jalan tun razak (tun razak road)

Update :
by James Foong

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Old November 13th, 2007, 07:14 PM   #664
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KL's Condominium Town
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Old November 13th, 2007, 09:52 PM   #665
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Originally Posted by nazrey View Post
Kiaramas Gateway
35-storey tower and office suites





Brokers' View:
Crest Builder shares undervalued: Kenanga

Published: 2007/11/13




Quote:
Kenanga Investment Bank sees Crest Builder's net profit rising by a third to RM26.5 million in 2007 and by another 17 per cent to RM30.9 million in 2008
SHARES of Crest Builder Holdings Bhd, a construction and property company, are very undervalued based on the firm's potential profits next year.

The stock is trading at a multiple of 4.5 times its 2008 earnings, Kenanga Investment Bank Bhd said in a research report.

This compares with an average multiple of 15 times for construction firms with small market values.

Shares of Crest Builder have gained 10 per cent so far this year, underperforming the broader market's 26 per cent rise in the same period.

"Crest Builder is undoubtedly a deeply undervalued construction and property stock," it said in the report.

The company's main business is construction, with an order book of some RM500 million. However, it ventured into property development in 2005 to boost income.

It is now bidding for government and private jobs worth more than RM1 billion.

The latest project that it won was the construction of superstructure works for Gateway Kiaramas, a high-end service apartment in Mont Kiara.

Crest Builder's maiden property project, the 3 2 Square, has been well received with a take up rate of some 90 per cent.

"Future earnings from the property division will be underpinned by its property developments in Batu Tiga and Kelana Jaya," Kenanga said.

Kenanga expects Crest Builder's net profit to rise by a third to RM26.5 million in 2007 and by another 17 per cent to RM30.9 million in 2008.
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Old November 14th, 2007, 06:44 AM   #666
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The Paradigm, kelana jaya, pj



Update :
by James Foong


Last edited by nazrey; December 2nd, 2007 at 04:42 PM.
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Old November 15th, 2007, 06:19 AM   #667
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New Project
Lum Chang group plans three high-end projects in KL
Monday September 24, 2007
By S.C. CHEAH
TheStar




An artist’s impression of the proposed serviced apartment
in Lorong Binjai, Kuala Lumpur, by the Lum Chang group


THE well-diversified Lum Chang group will launch three high-end development projects in Kuala Lumpur in the first half of 2008.

They are a 40-storey serviced apartment in the Kuala Lumpur City Centre (KLCC) area, Twin Palms Kemensah, and bungalows at its flagship Twin Palms Sungai Long.

Executive director Cham Kooi Joo told StarBiz that the 320-unit serviced apartment at Lorong Binjai (behind the Nikko Hotel) would have three layout designs: one-bedroom unit (750 to 850 sq ft), two-bedroom unit (1,100 to 1,300 sq ft) and three-bedroom unit (2,000 to 2,500 sq ft).

Cham said the Twin Palms Kemensah on about 30 acres of freehold land would have 128 units of three-storey bungalows with a large built-up area from 5,000 sq ft.

“It will have a gross development value (GDV) of about RM250mil and all the bungalows will be within a gated and guarded community,” he said.

He said the undulating land, currently a secondary jungle, was bought early last year. It is located just behind Zoo Negara.

“We have not fixed the price, but it will be very high-end. The upper floor will have an outdoor terrace. We are waiting for the approval of the building plans,” he added.

As for the bungalows to be launched in Twin Palms Sungai Long, Cham said they would have a built-up area of about 4,500 sq ft. Fabulous Range Sdn Bhd, a member of the Lum Chang group, is the developer.

Fabulous Range general manager George Fong said the elegant bungalows, called Tsara, would have modern and contemporary designs. “We feel that for the money one is paying for, the look of the bungalows should last at least the next 20 years,” he said.

Meanwhile, the group has handed over with certificate of fitness for occupation for all its sold-out LamanSeri homes (88 terrace houses and 24 semi-detached houses) in Shah Alam last June.

Its Suria 618 project in Section 27, Shah Alam (near LamanSeri), comprising 66 double-storey terrace houses with a single entry and exit point, has also been handed over.

Both projects were completed six months ahead of schedule.

Lum Chang is one of the earliest developers to build high-end projects in Kuala Lumpur. They include The Forum in Jalan Tun Razak, Damansara Villa, Wickham Manor and the Kuala Lumpur Golf & Country Club (owned by Sime Darby since 1996).

Lum Chang Holdings Ltd started as a major earthworks, civil engineering and building contractor. Today, Lum Chang has grown to become a well-diversified network of 33 companies and 11 associated companies involved in hotel and serviced apartments, property and construction.

Listed on the Singapore Stock Exchange, it has diversified interests in Thailand, China, Britain, Australia, Vietnam, Laos, Malaysia and Singapore.

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Old November 15th, 2007, 03:10 PM   #668
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New Project
D’Tiara Office and Hotel Suites
35-storey office tower and a 33-storey hotel suites



By THE EDGE

KUALA LUMPUR: Oilcorp Bhd is teaming up with Amanah Raya Bhd to jointly develop a 35-storey office tower and a 33-storey hotel suites here at a gross development cost of RM330 million.

In a statement yesterday, Oilcorp said their subsidiaries Magic Coast Sdn Bhd (MCSB) and AmanahRaya Development Sdn Bhd (ADSB) had inked a joint development agreement and the underwriting agreement for the project known as D’Tiara Office and Hotel Suites.

The development on a 8,871 sq m parcel of land is expected to start from September 2007, and targeted for completion by end-2010. The land is valued at RM44.36 million.

ADSB is underwriting the 35-storey office building, which will have 400 car park bays, at a price of RM149.31 million, half of the total development cost.

A total of RM30 million, or 20%, of the total underwriting price would be paid to MCSB as part of the consideration of the underwriting arrangement.

Oilcorp said that as such, the business risk had been significantly reduced in terms of securing future sales of the office units.

It said ADBS would be entitled to 50% of the project’s pre-tax profit, or a minimum guaranteed profit of RM30 million. MCSB has guaranteed a pre-tax profit of at least RM60 million for the project.

Additionally, ADSB will procure up to RM80 million based on a revolving and reducing balance basis to finance the proposed development, Oilcorp said.

Oilcorp expected the project to contribute positively to its earnings and net asset for the next four years from the financial year ending Dec 31, 2007.
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Old November 16th, 2007, 12:37 AM   #669
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nice projects!
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Old November 16th, 2007, 02:59 AM   #670
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KFHMB plans to build Malaysia’s tallest building

by Ellina Badri
Email us your feedback at [email protected]

KUALA LUMPUR: Kuwait Finance House (Malaysia) Bhd (KFHMB) is teaming up with a local bank to jointly develop the country’s tallest building that will overtake the Petronas Twin Towers.

Its managing director, Datuk K Salman Younis said it would be “a high-end real estate project that will stand taller than the Petronas Twin Towers”.

Speaking to The Edge Financial Daily, he said the JV with the property arm of a local bank had just been approved yesterday, and work on the project would begin next year

Declining to elaborate further on the project, Salman could only say that further announcements on the project would be made soon.

On KFHMB, he said the Islamic banking group planned to open two or three new branches in the Iskandar Development Region (IDR) and Taman Molek in Johor early next year.

Speaking to reporters after hosting a media tutorial on Islamic banking and finance here yesterday, Salman said KFHMB also planned to open branches in Penang and Kuching within three months and to start its marketing efforts in Sabah early next year.

“KFH already has some customers in Sandakan. We plan to build our presence in Sabah,” he said. KFHMB, the first foreign Islamic bank to be licensed by the Ministry of Finance, currently operates two branches in Kuala Lumpur and one in Shah Alam.

In August, KFHMB announced it would jointly develop a 902.4ha land in the IDR with Mubadala Development Co and Millennium Development International Co for RM4.2 billion. This will involve the building of three clusters, namely a lifestyle and leisure cluster, a cultural cluster and a financial district in the IDR’s first integrated international city.

Last week KFHMB had said it would jointly team up with local real estate investor Prestige Scale Sdn Bhd to fund the RM577 million Glomac Tower project in Kuala Lumpur.

Salman had said both companies would be involved in the on-block purchase of the 36-storey class A commercial office block. The project is to start soon and is expected to be completed within two-and-a-half years.

Meanwhile, it was also reported that the Islamic bank was in discussions with investors from Australia, China, Indonesia, Singapore and the Middle East to jointly develop its 252.5ha land in Bandar Nusajaya, near the Johor State New Administrative Centre project in the IDR.
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Old November 21st, 2007, 03:53 AM   #671
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Malaysia to get new tallest building
by Robert Carry

Malaysia looks set to get a new tallest building after Kuwait Finance House Malaysia Bhd (KFHMB) revealed plans to construct a tower that will overshadow every other man-made structure in the Asian country.

KFHMB company director Datuk K Salman Younis told the Malaysian press that the project had been approved and that construction was scheduled to commence next year. He added that when completed the development would be “a high-end real estate project that will stand taller than the Petronas Twin Towers”.

The massive development will be constructed via joint venture between KFHMB and the property wing of a Malaysian banking company. KFHMB is also believed to be seeking to launch further developments in Bandar Nusajaya and is in discussions with a number of potential investors from Australia, China, Indonesia, Singapore and the Middle East. The fast-moving company also announced a joint project with Mubadala Development and Millennium Development International in August this year.
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Old November 21st, 2007, 09:48 AM   #672
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edited
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Last edited by haze; November 23rd, 2007 at 03:29 PM.
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Old November 23rd, 2007, 10:05 AM   #673
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upcoming projects

SunCity Kuala Lumpur, Jalan Peel





The new Wisma Denmark Tower II design, KL CBD


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Old November 23rd, 2007, 03:30 PM   #674
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New Projects

THE CAPERS

www.thecapers.com.my






the bangsar south

http://www.bangsarsouth.com/





D'rapport

www.d-rapport.com

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Old November 23rd, 2007, 03:52 PM   #675
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hmm... Malaysia is very booming now... more projects than eva !
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Old November 23rd, 2007, 10:41 PM   #676
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Great projects. Sexy shapes.

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Old November 25th, 2007, 08:25 AM   #677
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Update :
@ Dataran Gemilang (Gemilang Square)
Lot 4G7 - 16-storey office tower (No rendering)

by hasliy

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Old November 25th, 2007, 08:42 AM   #678
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Old November 26th, 2007, 05:19 AM   #679
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by hasliy

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Old November 26th, 2007, 05:57 AM   #680
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Any updated list of all this construction from completed, under construction and proposed one. Very amazing projects. TQ
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