daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old May 20th, 2008, 04:00 PM   #161
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by James Teoh

nazrey no está en línea   Reply With Quote

Sponsored Links
Old May 20th, 2008, 06:56 PM   #162
Cerulean
Registered User
 
Join Date: Nov 2007
Location: Taman
Posts: 344
Likes (Received): 128

Quote:
Originally Posted by Leeigh View Post
ahhhh c'mmon lighten up dude, let's just enjoy the breathtaking pictures of MidValley...I personally am grateful to the photographer/s for taking the risk and posting these amazing pictures...MidValley is definitely 'sweet' and better than I had expected, love the textures and all the little details....
Quote:
Originally Posted by encon View Post
oh this is nice shopping center love its design

@Cerulean, so how do people took picture of Pavilion interiors?
I speak based on my experience. I was told that I can't snap a picture inside the Garden Galleria by a security officer who caught me doing so.

Of course one can always snap the photos without attracting the attention of the security officers in Galleria and Pavilion. Just be careful.
Cerulean no está en línea   Reply With Quote
Old May 21st, 2008, 04:36 PM   #163
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by rizalhakim







nazrey no está en línea   Reply With Quote
Old May 26th, 2008, 04:10 PM   #164
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

Mid Valley Megamall by night
by expatriee92

image hosted on flickr
nazrey no está en línea   Reply With Quote
Old May 29th, 2008, 05:32 AM   #165
Cerulean
Registered User
 
Join Date: Nov 2007
Location: Taman
Posts: 344
Likes (Received): 128

IGB expanding Mid Valley development
The Star, Thursday May 29, 2008
Robert Tan

KUALA LUMPUR: IGB Corp Bhd is expanding its Mid Valley City development, which would see the group launching two 42-storey blocks of condominiums.

Group managing director Robert Tan said the two blocks would have a gross development value of RM750mil. The units are due for launch by the third quarter.

The condominiums, which would cost about RM650 per sq ft, would be the last component in Mid Valley City, he told reporters after the company AGM yesterday.

Tan also said IGB was looking to build a hotel each in Bangkok and Australia as it sought to expand its hotel business overseas.

The proposed RM200mil hotel in Bangkok would be undertaken by a joint venture between IGB and a foreign party. Under the joint venture, IGB’s 49% stake would cost RM100mil. The hotel would be managed by IGB’s hotel management arm, Cititel Hotel Management Sdn Bhd. Construction cost was estimated at A$80mil to A$150mil, Tan said.

On its Micasa hotel property in Kuala Lumpur, Tan said IGB was keen to dispose of a 50% stake and was in talks with an interested party.
Cerulean no está en línea   Reply With Quote
Old May 31st, 2008, 06:03 PM   #166
MLP
Registered User
 
Join Date: Jul 2007
Posts: 169
Likes (Received): 1

Finally, Monorail will go to MidValley City in the near future. The image below was extracted from the latest KL City Plan 2020.

MLP no está en línea   Reply With Quote
Old June 6th, 2008, 07:21 PM   #167
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286



nazrey no está en línea   Reply With Quote
Old June 17th, 2008, 01:40 PM   #168
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by gdiver
Glass stairway

image hosted on flickr


image hosted on flickr
nazrey no está en línea   Reply With Quote
Old July 2nd, 2008, 03:57 PM   #169
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by royedsworld

image hosted on flickr
nazrey no está en línea   Reply With Quote
Old July 20th, 2008, 01:52 AM   #170
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

IGB to start building St Giles hotels next year
By Vasantha Ganesan Published: 2008/05/29, BusinessTimes

IGB Corp Bhd hopes to begin construction of its St Giles hotels in Bangkok, Thailand and Sydney, Australia next year, which it will then manage.

"In Bangkok, we are trying to finalise the deal. We are looking for a strategic partner. We have identified and are in negotiations with a few parties," managing director Robert Tan Chung Meng said.

Tan said the hotel ownership will be on a 51-49 per cent basis, in which the Thai partner will hold the majority stake.

"It will be a 650-room four-star hotel. Our portion of the cost of construction will be RM100 million. We hope to finalise something within the next six months," he told reporters after the company's annual general meeting yesterday.

In Australia, IGB is negotiating to build either a A$80 million (RM248 million) 250-room hotel or a A$150 million (RM466 million) 450-room hotel.

These two new hotels will add to its Cititel and Cititel Express brands, MiCasa All Suite Hotel in Yangon, Myanmar; and New World Hotel in Ho Chi Minh City, Vietnam. IGB also owns and operates the Boulevard Mid Valley and The Gardens Hotel in Mid Valley.

Asked about the status of plans to sell the 242-suite MiCasa All Suite Hotel in Kuala Lumpur, Tan said that it has held talks for the sale of a 50 per cent stake in the hotel.

Although he declined to reveal how much the 50 per cent stake may be worth, it is believed that the entire property could go for as much as RM230 million.

Meanwhile, IGB said that it will launch the final phase of the Mid Valley City project by the third quarter of 2008.

"The final phase consists of two 42-storey residential blocks with different configurations. The gross development value for the project is estimated to be RM750 million," he said.


IGB plans to sell the property from RM650 per sq ft onwards.

In the current year ending December 31 2008, IGB expects its asset management and hotel business to be the main profit contributor.
nazrey no está en línea   Reply With Quote
Old July 20th, 2008, 01:54 AM   #171
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

IGB plans value-for-money hotel chain in region
By Vasantha Ganesan, Published: 2008/06/26, BusinessTimes

IGB Corp Bhd plans to spend some RM2 billion over the next five to six years to develop a new value-for-money hotel chain across Asia Pacific dubbed "Super Express".

The investment amount will cover a room inventory of some 20,000 for the group, said Datuk Eric HK Lim, the managing director of the group's hotel arm Cititel Hotel Management.

"The Super Express will have high room inventory and high efficiency," Lim said, adding that first hotel is likely to be opened in three years in China.

"The rooms will be about 120 sq ft, efficiently managed and possibly fetch about 200 renminbi (RM93) a night," he said.

"A sixty per cent gross operating profit (GOP) is the bare minimum (we are expecting). We would like to see a higher GOP. We want to be efficient at all points and possibly deliver a 70 per cent GOP," he said on the likely performance of this new hotel model.

GOP is gross revenue (from rooms, food and beverage, laundry or business centre) minus cost of operations (wages, electricity and amenities).

Lim said that Super Express, which is now a reference name, may later be adopted as the name for the hotel.

On whether the new hotel will be in competition with no-frills hotel chains like Tune Hotels, Lim said it would not. "We will have limited frills. We will not be in direct competition with them," he said.

Meanwhile, Lim said that over the next 24 months, the group's hotel room inventory will rise to 5,300 from 3,800 now as it expands into Vietnam, Thailand and Australia.

Lim was speaking to reporters yesterday following the launch of The Gardens Hotel & Residences in Mid Valley City, Kuala Lumpur.

The five-star 448-room hotel with 179 fully-serviced residences was built at a cost of RM350 million.

The hotel is expected to take between nine and 10 years before it sees return on investment.

This newest hotel component is looking forward to an average occupancy of 68 per cent to 70 per cent in the first year and an average room rate of RM350 per night.

Together with the Cititel Mid Valley and The Boulevard, IGB has a total of 1,650 rooms within the Mid Valley City.

IGB's hotel business, which includes the New World Hotel in Ho Chi Minh City (Vietnam) and St Giles in London and Heathrow, contributes to about a third to the group's bottomline.

Lim, who expects the fuel price increase to have an impact on business, said the company will channel efforts into the pricing structure and prudent marketing.

"We expect a positive difference (in 2008) compared with 2007 in terms of revenue enhancement and bottom line," he said.
nazrey no está en línea   Reply With Quote
Old August 2nd, 2008, 05:08 AM   #172
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by freakish.jess

image hosted on flickr
nazrey no está en línea   Reply With Quote
Old August 2nd, 2008, 05:08 AM   #173
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by freakish.jess

image hosted on flickr
nazrey no está en línea   Reply With Quote
Old August 2nd, 2008, 05:11 AM   #174
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by freakish.jess

image hosted on flickr
nazrey no está en línea   Reply With Quote
Old August 6th, 2008, 04:56 AM   #175
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by teckkang

nazrey no está en línea   Reply With Quote
Old August 6th, 2008, 04:57 AM   #176
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by teckkang



nazrey no está en línea   Reply With Quote
Old August 6th, 2008, 05:02 AM   #177
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

by expatriee92

image hosted on flickr
nazrey no está en línea   Reply With Quote
Old September 3rd, 2008, 03:59 PM   #178
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

nazrey no está en línea   Reply With Quote
Old September 3rd, 2008, 04:01 PM   #179
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

nazrey no está en línea   Reply With Quote
Old September 3rd, 2008, 04:02 PM   #180
nazrey
Registered User
 
nazrey's Avatar
 
Join Date: Sep 2003
Posts: 91,245
Likes (Received): 11286

nazrey no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 04:44 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

tech management by Sysprosium