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Old June 2nd, 2008, 05:55 PM   #21
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Old August 11th, 2008, 07:43 AM   #22
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Quote:
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The Site (Old pic)

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Old August 11th, 2008, 09:35 AM   #23
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Source : [ PJX : move up to the only blue chip office tower in PJ ]


Last edited by nazrey; February 14th, 2009 at 03:58 PM.
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Old August 11th, 2008, 09:40 AM   #24
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Progress

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Old September 30th, 2008, 08:14 AM   #25
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SBC plans two more projects
Wednesday September 24, 2008
TheStar

They will raise gross development value to RM1bil

KUALA LUMPUR: SBC Corp Bhd aims to launch two mixed development projects with an estimated total gross development value (GDV) of RM800mil by next year in southern Selangor and along Jalan Kuching, Kuala Lumpur.

“We estimate our future projects over the next five years, inclusive of these two projects, to have total GDV in excess of RM1bil,” said managing director Sia Teong Heng after the company’s AGM yesterday.

SBC’s future projects would be “integrated” with transport links such as the light-rail transit, he added.

He cited the success of the company’s PJ Exchange (PJX) office tower project in Petaling Jaya which has attracted requests from corporate clients to replicate the model.

“We are currently in talks with a few parties and hope to close some deals by next year,” he said.

In view of the softening property sector and rising raw material prices, Sia said SBC planned to overcome that problem by looking out for good locations.

“We are working hard to look at some good locations and we believe that long-term investors would invest in good locations,” he said.

SBC currently has a total landbank in excess of 700 acres in the Klang Valley and Kota Kinabalu, Sabah.

On overseas markets, Sia said the company would continue to explore opportunities in Bangkok but had no immediate plans to go beyond Thailand.
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Old September 30th, 2008, 08:16 AM   #26
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SBC Corp bullish on property development
24-09-2008: by Fong Min Hun THEEDGEDAILY

KUALA LUMPUR: Veteran niche property developer SBC Corporation Bhd is optimistic about the outlook of its property development business even as soaring prices of materials push construction costs higher.

SBC managing director Sia Teong Heng said there were a number of reasons for its optimistic outlook, not the least of which were the company’s proposed developments over the next five years that had a projected gross development value (GDV) of over RM1 billion.

The RM1 billion GDV excludes its projects already under construction, including the much-vaunted PJ Exchange (PJX) in Petaling Jaya which is scheduled to be completed by 2010. The company also has various stakes in Kota Kinabalu and recently completed a housing project in Bangkok, Thailand.

The take-up rate of its completed projects was also heartening, Sia said. With respect to PJX, he said the building had already been sold out at an average price of RM550 per sq ft. He added there were plans to replicate PJX elsewhere, although he declined to provide specific details.

“One of the attractions for PJX is the fact that it’s seen as connectivity. When the (LRT) circle line intersects Taman Jaya, it will open the whole place to the northern and southern axis,” he said.

“We’ve got quite a bit of people asking us about replicating PJX in good locations in KL and overseas. It’s an interesting concept — we combine iconic design with transport. We find the market needs a fresh look at things.”

The company’s recently released financials showed a turnaround, with a net profit of RM3.5 million for its financial year ended March 31, 2008, versus a net loss of RM3 million in the previous year.

Revenue from the sales of property developments rose significantly year-on-year to RM91.96 million from RM57.66 million even as contribution from SBC’s historical core business, construction, shrank.

Sia said SBC’s margins had remained intact despite the rising cost of production, mainly because of contingency planning.

“Luckily, I would say the numbers have stabilised. The excessive speculation in cost has died down somewhat, so there is a more stable input price. The cost base has shifted up, so if you did not plan for much contingency, your margins would be more challenged. For us, we work within a contingency of 10% to 15%, maybe up to 20%,” he said.

As for the future, Sia said SBC’s developments would be transport-oriented, meaning they would be centred around transportation hubs such as LRT stations. Two such developments have been planned — one for southern Selangor and the other in downtown Kuala Lumpur.

Sia said he expected the two projects to be launched within the next 12 months.
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Old September 30th, 2008, 01:46 PM   #27
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Cool one.. . One but: there is no stone at out-walls.. Glass only.. If there was some stone or plastic/ceramic panel parts then it would be better
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Old October 30th, 2008, 06:51 PM   #28
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Construction preogress:
From Official Website

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Old February 15th, 2009, 07:02 AM   #29
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@ Taman Jaya LRT station
by ahmadarifs
http://flickr.com/photos/ahmadarifs/2974100377/

image hosted on flickr
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Old February 17th, 2009, 04:07 PM   #30
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@ Taman Jaya LRT station
by JLmaydouble7
http://flickr.com/photos/[email protected]/

image hosted on flickr
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Old April 1st, 2009, 10:14 AM   #31
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Exterior Transit
From http://pjx.com.my/



Security Barricades



Grand Lobby

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Old April 1st, 2009, 10:22 AM   #32
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From http://pjx.com.my
Update:
lifestyle deck



entrance to building



federal highway frontage



porte cochere



taman jaya station frontage

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Old April 1st, 2009, 11:41 AM   #33
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nice project..
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Old May 19th, 2009, 10:00 AM   #34
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From http://pjx.com.my
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Old May 19th, 2009, 10:10 AM   #35
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From http://pjx.com.my
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Old June 5th, 2009, 11:16 AM   #36
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by See

[IMG]http://www.**************/show/2009/05/28/02/10/3792265_974x651.JPG[/IMG]
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Old June 29th, 2009, 01:32 PM   #37
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From http://pjx.com.my
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Old June 29th, 2009, 01:32 PM   #38
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Old June 29th, 2009, 01:34 PM   #39
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Old June 29th, 2009, 01:34 PM   #40
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