Kuantan - East Coast Emerging Sassiest City

[Seri Jaten]

Kuala Lumpur: The country's fascination with shopping malls have turned these properties into highly sought-after assets.


So far this year, the number of deals involving malls or retail assets has reached a record and there is a possibility that more could be announced this year, industry experts say.

At least nine deals valued at over RM2 billion have been reported in the first nine months of the year, stretching from the northern state of Penang to Johor in the south and from the west of Klang Valley to the eastern state of Pahang.

Improved consumer spending and liberalisation of the market has helped spur interest in retail assets.

As the global economic recovery continues to be shaky, Malaysia has turned to domestic demand to boost its economy, chief economist at Bank Islam Azrul Azwar Ahmad Tajudin said.

"Malaysian consumers have proven to be rather resilient even during times of crisis. During the 2009 recession, the economy contracted by 1.7 per cent but private consumption was still in positive territory," he added.

In year 2000, private consumption or consumer spending accounted for 43.8 per cent of the gross domestic product (GDP) while in 2010 the number surged to 53.3 per cent of GDP.

Azrul reckons private consumption will grow further to 54 per cent in 2011 and 54.6 per cent in 2012.

Malaysia Retailers Association has projected retail sales to grow 6 per cent this year, probably faster than the broader economic expansion seen at 5-6 per cent.

CB Richard Ellis (CBRE) Malaysia's managing director Allan Soo expects a few more deals this year.

"REITs (real estate investment trusts) tend to look for both yield accretion and steady income streams. Retail assets here have a great accretion opportunity at the moment.

"Passing yields at acquisitions are mostly at 7 per cent but for trophy assets this may be pressured down to below 6 per cent. The pressure on yields results in higher valuations, so on a per sq ft basis, malls are now seeing better valuation than about five years ago," Soo said.

At the same time, higher valuations have triggered previously less willing owners to part with their assets.

Another major factor was Malaysia's decision to scrap a rule that required foreign investors to have a 30 per cent Bumiputera partner.

In addition, the Securities Commission's endorsement of REITs as an investment alternative have also helped.

In January this year, CapitaMalls Malaysia Trusts (CMMT) said it would be buying The Gurney Plaza extension in Penang for RM215 million and in June it announced that it would be buying East Coast Mall for RM310 million.

In May, ARA Asia Dragon Fund won the bid for three shopping complexes - Klang Parade in Selangor, Ipoh Parade in Perak and Seremban Parade in Negri Sembilan. It paid some RM450 million to TMW Asia Property Fund, which had bought the malls for RM340 million in 2005.

Meanwhile, Adzman Shah Mohd Ariffin, founder of Hektar Property Services Sdn Bhd agreed that for some owners, a sale is actually part of their exit strategy to cash out.

"At the same time, foreign purchasers have found that the land/ownership law is more straightforward and properties in Malaysia are still cheaper than in other countries although at lower returns at times," he said.

This week, we also received news that Bandar Raya Developments Bhd (BRDB)'s major shareholder Ambang Sehati Sdn Bhd, controlled by its chairman Datuk Mohamed Moiz Jabir Mohamed Ali Moiz, had offered to buy three retail assets belonging to BRDB.

The properties are The Bangsar Shopping Centre (BSC), CapSquare Retail Centre in Kuala Lumpur, and Permas Jusco Mall in Johor.

BRDB is believed to have received many offers for its trophy asset - BSC.

Read more: Record mall deals in Malaysia http://www.btimes.com.my/articles/ib...#ixzz1Xf9Hj7gP

[mrhehe]

Originally Posted by Seri Jaten

Kuala Lumpur: The country's fascination with shopping malls have turned these properties into highly sought-after assets.


So far this year, the number of deals involving malls or retail assets has reached a record and there is a possibility that more could be announced this year, industry experts say.

At least nine deals valued at over RM2 billion have been reported in the first nine months of the year, stretching from the northern state of Penang to Johor in the south and from the west of Klang Valley to the eastern state of Pahang.

Improved consumer spending and liberalisation of the market has helped spur interest in retail assets.

As the global economic recovery continues to be shaky, Malaysia has turned to domestic demand to boost its economy, chief economist at Bank Islam Azrul Azwar Ahmad Tajudin said.

"Malaysian consumers have proven to be rather resilient even during times of crisis. During the 2009 recession, the economy contracted by 1.7 per cent but private consumption was still in positive territory," he added.

In year 2000, private consumption or consumer spending accounted for 43.8 per cent of the gross domestic product (GDP) while in 2010 the number surged to 53.3 per cent of GDP.

Azrul reckons private consumption will grow further to 54 per cent in 2011 and 54.6 per cent in 2012.

Malaysia Retailers Association has projected retail sales to grow 6 per cent this year, probably faster than the broader economic expansion seen at 5-6 per cent.

CB Richard Ellis (CBRE) Malaysia's managing director Allan Soo expects a few more deals this year.

"REITs (real estate investment trusts) tend to look for both yield accretion and steady income streams. Retail assets here have a great accretion opportunity at the moment.

"Passing yields at acquisitions are mostly at 7 per cent but for trophy assets this may be pressured down to below 6 per cent. The pressure on yields results in higher valuations, so on a per sq ft basis, malls are now seeing better valuation than about five years ago," Soo said.

At the same time, higher valuations have triggered previously less willing owners to part with their assets.

Another major factor was Malaysia's decision to scrap a rule that required foreign investors to have a 30 per cent Bumiputera partner.

In addition, the Securities Commission's endorsement of REITs as an investment alternative have also helped.

In January this year, CapitaMalls Malaysia Trusts (CMMT) said it would be buying The Gurney Plaza extension in Penang for RM215 million and in June it announced that it would be buying East Coast Mall for RM310 million.

In May, ARA Asia Dragon Fund won the bid for three shopping complexes - Klang Parade in Selangor, Ipoh Parade in Perak and Seremban Parade in Negri Sembilan. It paid some RM450 million to TMW Asia Property Fund, which had bought the malls for RM340 million in 2005.

Meanwhile, Adzman Shah Mohd Ariffin, founder of Hektar Property Services Sdn Bhd agreed that for some owners, a sale is actually part of their exit strategy to cash out.

"At the same time, foreign purchasers have found that the land/ownership law is more straightforward and properties in Malaysia are still cheaper than in other countries although at lower returns at times," he said.

This week, we also received news that Bandar Raya Developments Bhd (BRDB)'s major shareholder Ambang Sehati Sdn Bhd, controlled by its chairman Datuk Mohamed Moiz Jabir Mohamed Ali Moiz, had offered to buy three retail assets belonging to BRDB.

The properties are The Bangsar Shopping Centre (BSC), CapSquare Retail Centre in Kuala Lumpur, and Permas Jusco Mall in Johor.

BRDB is believed to have received many offers for its trophy asset - BSC.

Read more: Record mall deals in Malaysia http://www.btimes.com.my/articles/ib...#ixzz1Xf9Hj7gP

kuat betul syarikat singapore ni beli mall kat malaysia...mines shopping fair pun dh milik diaorg dh...

[tuan_wu]

Originally Posted by agate8

Another private hospital in Kuantan. Two more is U/C. So, it will become 5 in the future.


New private hospital in Kuantan opens Monday

KUANTAN (Sept 10, 2011): Pahang's latest private medical centre, the RM65-million Darul Makmur Medical Centre (DMMC) in Taman Kempadang Makmur here will start operations on Monday.

There are two other major private hospitals already operating in Pahang – both in Kuantan town.

DMMC Sdn Bhd director Datuk Dr Ahmad Shukri Ismail said the two-storey 123-bed medical centre was based on the health tourism concept.

"Currently, the centre has 70 personnel and 21 specialists in various fields," he told reporters after the opening of the hospital by Pahang Menteri Besar Datuk Seri Adnan Yaakob today.

He said the company would also start building a six-storey 150-bed medical centre costing RM70 million in Felda Jengka 8, Maran in October an that it would come onstream in two years. – Bernama

ada gambar ?

[org ganu kite]

Seri Jaten...nape dh lame x post kat thread KT?

[agate8]

Originally Posted by tuan_wu

ada gambar ?

[Seri Jaten]

Originally Posted by org ganu kite

Seri Jaten...nape dh lame x post kat thread KT?

sebab duk negara orang, setahun sekali baru balik negeri. hehehe. nak discuss xda poin laa.

[agate8]

DMMC hospital pelancongan kesihatan

KUANTAN 13 Sept. - Pusat Perubatan Darul Makmur (DMMC) yang beroperasi hari ini melakar sejarah tersendiri dengan menampilkan konsep pelancongan kesihatan yang pertama di negeri ini.

Pengarahnya, Datuk Dr. Ahmad Shukri Ismail berkata, DMMC yang dibina dengan kos RM65 juta adalah pusat perubatan berkonsepkan resort itu mempunyai persekitaran yang lebih selesa dan jauh daripada kesibukan bandar.

"Lokasinya di Kempadang Makmur iaitu kira-kira 10 kilometer dari bandar dilihat begitu strategik dan memenuhi keperluan pesakit.

"Sebagai permulaan, DMMC mempunyai 123 katil dan 21 doktor pakar dalam bidang-bidang kritikal seperti ortopedik dan pakar bedah tulang belakang," katanya kepada pemberita selepas majlis Hari Terbuka DMMC di sini, baru-baru ini.

Majlis tersebut dirasmikan oleh Menteri Besar, Datuk Seri Adnan Yaakob.

Turut hadir, Pengarah Bersama DMMC, Tok Kai Boon dan Tok Kai Son; Pengarah Perubatan DMMC, Prof. Madya Dr. Zamzuri Zakaria dan Pengerusi Jawatankuasa Kesenian, Pelancongan dan Warisan, Hal Ehwal Keluarga dan Wanita negeri, Datuk Shafik Fauzan Shariff.

Menurut Ahmad Shukri, setakat ini DMMC merupakan hospital swasta terbesar di negeri ini dan merancang membuka hospital keduanya di Jengka yang dijangka siap sepenuhnya pada 2014.

"Keperluan perubatan pada masa kini mendorong hospital itu membuka sebuah lagi hospital di Felda Jengka 8 dengan menumpukan kepada pesakit di luar bandar terutama para peneroka.

"Dengan kos RM70 juta, hospital enam tingkat itu akan memuatkan 150 katil dan akan menawarkan caj perkhidmatan yang jauh lebih rendah berbanding caj biasa," jelasnya.

Tambah beliau, perkhidmatan di hospital itu tidak hanya ditawarkan kepada pesakit tetapi terbuka kepada sesiapa sahaja yang mahu menikmati pelancongan kesihatan.

Katanya, lebih menarik, pihaknya akan membina sebuah hotel bertaraf empat bintang berhampiran hospital di Jengka dan ia memudahkan orang ramai untuk mengunjunginya.

"Tambahan pula, lokasi DMMC di Jengka begitu strategik iaitu berhampiran Taman Negara dan Gua Kota Gelanggi," ujarnya.

[agate8]

Cadangan Masjid Yayasan Pahang, Tg. Lumpur, Kuantan

image hosted on flickr


image hosted on flickr

[KucingGemuk]

futuristik amat masjid itu

[agate8]

Ntah bila buatnya tuh. Kah3

[agate8]

Firefly to resume flights to Kuantan next month

PETALING JAYA: Community airlines Firefly will re-introduce its Subang-Kuantan flight from Oct 30.

There will be twice-daily flights four times a week.

“We anticipate that the Subang-Kuantan route will be a popular one and we are confident of capturing traffic from business travellers as well as the visit-friends and relatives segments,” said Firefly managing director Datuk Eddy Leong.

The service was suspended in September 2009 due to lack of aircraft.

“We are now in a position to respond to the many requests for this route as we will be taking delivery of two new ATR72-500 aircraft next month.

“Both aircraft will be stationed in Subang,” he said in a press release yesterday.

The scheduled departure time for the Subang-Kuantan flights are at 7.40am and 5.50pm daily, while the Kuantan-Subang flights are scheduled to depart at 8.50am and 7pm every day.

[XNA]

I used to live in Kuantan for a looong time, until i moved out.. now that i am looking at this thread, i get to see how Kuantan has rapidly developed! East Coast Mall seems to be the new addition.. and i heard this is an area near there being developed.. hope to return there and check them out

[maafcakap]

Originally Posted by Seri Jaten

Kuala Lumpur: The country's fascination with shopping malls have turned these properties into highly sought-after assets.


So far this year, the number of deals involving malls or retail assets has reached a record and there is a possibility that more could be announced this year, industry experts say.

At least nine deals valued at over RM2 billion have been reported in the first nine months of the year, stretching from the northern state of Penang to Johor in the south and from the west of Klang Valley to the eastern state of Pahang.

Improved consumer spending and liberalisation of the market has helped spur interest in retail assets.

As the global economic recovery continues to be shaky, Malaysia has turned to domestic demand to boost its economy, chief economist at Bank Islam Azrul Azwar Ahmad Tajudin said.

"Malaysian consumers have proven to be rather resilient even during times of crisis. During the 2009 recession, the economy contracted by 1.7 per cent but private consumption was still in positive territory," he added.

In year 2000, private consumption or consumer spending accounted for 43.8 per cent of the gross domestic product (GDP) while in 2010 the number surged to 53.3 per cent of GDP.

Azrul reckons private consumption will grow further to 54 per cent in 2011 and 54.6 per cent in 2012.

Malaysia Retailers Association has projected retail sales to grow 6 per cent this year, probably faster than the broader economic expansion seen at 5-6 per cent.

CB Richard Ellis (CBRE) Malaysia's managing director Allan Soo expects a few more deals this year.

"REITs (real estate investment trusts) tend to look for both yield accretion and steady income streams. Retail assets here have a great accretion opportunity at the moment.

"Passing yields at acquisitions are mostly at 7 per cent but for trophy assets this may be pressured down to below 6 per cent. The pressure on yields results in higher valuations, so on a per sq ft basis, malls are now seeing better valuation than about five years ago," Soo said.

At the same time, higher valuations have triggered previously less willing owners to part with their assets.

Another major factor was Malaysia's decision to scrap a rule that required foreign investors to have a 30 per cent Bumiputera partner.

In addition, the Securities Commission's endorsement of REITs as an investment alternative have also helped.

In January this year, CapitaMalls Malaysia Trusts (CMMT) said it would be buying The Gurney Plaza extension in Penang for RM215 million and in June it announced that it would be buying East Coast Mall for RM310 million.

In May, ARA Asia Dragon Fund won the bid for three shopping complexes - Klang Parade in Selangor, Ipoh Parade in Perak and Seremban Parade in Negri Sembilan. It paid some RM450 million to TMW Asia Property Fund, which had bought the malls for RM340 million in 2005.

Meanwhile, Adzman Shah Mohd Ariffin, founder of Hektar Property Services Sdn Bhd agreed that for some owners, a sale is actually part of their exit strategy to cash out.

"At the same time, foreign purchasers have found that the land/ownership law is more straightforward and properties in Malaysia are still cheaper than in other countries although at lower returns at times," he said.

This week, we also received news that Bandar Raya Developments Bhd (BRDB)'s major shareholder Ambang Sehati Sdn Bhd, controlled by its chairman Datuk Mohamed Moiz Jabir Mohamed Ali Moiz, had offered to buy three retail assets belonging to BRDB.

The properties are The Bangsar Shopping Centre (BSC), CapSquare Retail Centre in Kuala Lumpur, and Permas Jusco Mall in Johor.

BRDB is believed to have received many offers for its trophy asset - BSC.

Read more: Record mall deals in Malaysia http://www.btimes.com.my/articles/ib...#ixzz1Xf9Hj7gP

if u has free time, please visit napic website...while at the other state, retails market quite positive but no at kedah and pahang..both states show a negative for retail market, it's not that lack of retail spaces available but market becomes saturated, tenants jump from a mall to the other mall..n this problem not specify for kedah n pahang but for overall malaysia that will see more than 90 new malls will be built, under construction and will opened...

[agate8]

by Umaipadam
image hosted on flickr

[agate8]

Teluk Cempedak
image hosted on flickr

[THT-United]

Wow, first time seeing so many people at the Cempedak beach... Was there some event going on that night?

And the Mackers (Australian slang for McD's) is one of the most uniquely designed ones I've been to... First time going to a McDonald's with majority of seats located outside!

[beras_pulut]

Originally Posted by agate8

Teluk Cempedak
image hosted on flickr

Bg aqu TC la pantai paling happening kat ec,.

[one-K]

betul. especially kategori pantai malam. tp ia agk sempit sbnrnya.

[beras_pulut]

Originally Posted by one-K

betul. especially kategori pantai malam. tp ia agk sempit sbnrnya.

Pantai plg cun kat ec lak pe?bg aqu pantai teluk senajang,.

[one-K]

teluk senajang? ktner tuu. daerah kemaman ker?
bg kawe, pantai bukit keluang, besut tganu d.naim. cuma perlu upgrade lg..

bgmana pulak dgn long beach, pulau perhentian? lonelyplanet list top10 tu.