NEW STUFFS - DISCUSSION, NEWS & PICTURES III | Just message anything new of what you have seen or heard here.

[dengilo]

Some land clearing going at the preposed YTL project in front of old railway station.Also something is going on at the conlay club next to prince hotel.

[rizalhakim]

dah lama dah tu

[dengilo]

Its ongoinglah rizal !Facing the makamah syariah side.

[patchay]

New Project:

UCSI or Universiti Sedaya plans to build a high-rise tower near its KL campus.

(i think it's quite tall around 40storeys?)

[ZaHiRnYa???]

where is the campus?

Originally Posted by patchay

New Project:

UCSI or Universiti Sedaya plans to build a high-rise tower near its KL campus.

(i think it's quite tall around 40storeys?)

[patchay]

Originally Posted by ZaHiRnYa???

where is the campus?

Taman Connaught, Cheras

If built, i think it's gonna be a very lonely skyscraper.... lol

[ZaHiRnYa???]

haha. yalor. indeed. kesian dia nanti.

Originally Posted by patchay

Taman Connaught, Cheras

If built, i think it's gonna be a very lonely skyscraper.... lol

[SHAH FIRDAUS]

Golden Horses to launch Palace Residence this year
By Sharen Kaur
Published: 2010/03/09

GOLDEN Horses Development Bhd (GHD), a private firm owned by Tan Sri Lee Kim Yew, aims to launch its RM600 million Palace Residence Suite this year and market its property to Asian investors.

Palace Residence is located at the Mines Resort City in Seri Kembangan, Selangor. It is being launched a year behind schedule due to the recession in 2009.

There are more foreigners now, setting their eyes on new properties here, said Golden Horse Palace Bhd (GHPB) executive director Dianna Lee.

"We have received a few enquiries on the property. There are people keen to buy. We are targeting foreign buyers and have appointed an international real estate agent," Lee said in an interview with Business Times recently.
GHD and GHPB are sister companies, which means that they are both owned by the same major shareholder.

GHD is targeting a June launch for the suites in Singapore, followed by Hong Kong, China and Malaysia towards the end of the year.

Palace Residence will offer 226 one-bedroom suites with a built-up area of 500 sq ft, and 156 two-bedroom suites, ranging from 1,100 sq ft to 1,400 sq ft, as well as four penthouses. The suites are selling for RM900,000 to RM1.4 million each.

The 19-storey Palace Residence, which is a combination of a hotel and condominium, will complement the 480-room Palace of the Golden Horses. Palace Residence will be built next to the five-star hotel and they will be connected by a bridge.

GHD will include free golf membership, worth some RM800,000, in the property sale. Buyer will automatically be a resident gold member at the 18-hole golf course at the Mines, Lee said.

Construction will start in the second half of 2010, and is due for completion within three years.

Lee said buyers can lease their units to GHPB to manage, with guaranteed returns of 7 per cent for the first two years. The indicative selling price for each suite a night is from RM800.

GHPB is the hospitality, leisure and health arm of Country Heights Holding Bhd (CHHB).

It manages three resorts - Palace of the Golden Horses and Mines Wellness Hotel, located within the Mines, and Borneo Highlands Resort, Sarawak.

The Mines, the country's first resort development, is a project by CHHB, in which, the senior Lee holds 48.1 per cent sta

[rizalhakim]

nice view huh!!
taken from binjai

[byong_sun]

yup..nice indeed.the sky looks flat though..but the buildings look awesome!etiqa towers(former MNI towers) looks short now..last time very tall :P

[dengilo]

Of all the expansive apts in that area i think these few units facing the park has got the ultimate view surely it comes with a price ha.

[byong_sun]

binjai has the nicest view...but others wont pls to view binjai :P

[dengilo]

Rizal any more empty units ahh

[rizalhakim]

nape u want meh???
i tot binjai currently the most xpensive condo in malaysia
rm2000psq-2500....huhu....nak beli toiletpun xmampu lol!!!

[dengilo]

Nak sewa just for 1 night for coming new year buat party liar lompat lompat bogel in the pool ha ha.

[SHAH FIRDAUS]

More projects planned by CP Group at Queensbay site
By James Chong
Tuesday, 09 March 2010 15:45

GEORGE TOWN: A five-star hotel, convention centre, hospital and high-end condominiums are among the projects planned by the CP Group at its Queensbay site.

CP Group executive director Datin Jane Yeo said these projects would be located on 35 acres out of the 75 acres yet to be developed at the site. She said this at a press conference after the official opening of the Eastin Hotel Penang.

"These projects will be the cream of our development in Queensbay.

"To date, the gross development value (GDV) is more than RM1 billion, including the Eastin Hotel and we will launch parcel 4 by the end of this year, which will be a condominium project with a GDV of RM500 million," she said.

Yeo said talks are underway with interested parties to set up the hospital while plans for the convention centre are being finalised.

She added that CP Group was also looking at expanding the Eastin Hotel brand in the country and abroad, either on its own or with other parties. With an investment of RM130 million, Eastin Hotel Penang is the first extension for CP Group’s flagship hotel in Petaling Jaya.

The 14-storey, four-star business class hotel with 328 rooms is located next to Queensbay Mall, which was part of the white knight package of the abandoned Bayan Bay project by CP Group in 2004.

The hotel has been enjoying an occupancy rate of 78% since it was opened to the public in November.
CP Group executive chairman Datuk Tan Chew Piau said despite facing uncertainties during the 2008 financial crisis, CP Group carried on and speeded up construction instead of slowing down like other industry players.

"We finished the hotel in a record time of 15 months," he said at the official opening of the hotel by governor of Penang Tun Abdul Rahman Abbas. Also attending the ceremony was Chief Minister Lim Guan Eng.

Meanwhile, Lim proposed that a hospitality school be set up in Penang to cater to the demands of new hotels coming up in the state.

"There has also been a significant increase of hotel guests in Penang from the domestic market from 2.1 million in 2004 to 3.4 million in 2008," he said.

[rizalhakim]

postla di forum yg betol

[SHAH FIRDAUS]

haiya..it's new stuff lo.,,that's why i post it here...

[rizalhakim]

Originally Posted by SHAH FIRDAUS

haiya..it's new stuff lo.,,that's why i post it here...

dats not new...dis is under Queensbay project...so post it under queensbay.....post it under forum yg betol or ko leh letak under penang!!!! ko selalu post berterabur!!!! at least nazrey tau kemana nak post....but u dont.....

[nazrey]

Upcoming projects from Bolton Bhd:

1. Tijani 3 North, Kenny Hills

2. Redevelopment of Bolton Court ---> a highrise known as "sixCeylon"

Bolton targets RM1b from four new projects
Published: 2010/03/09
http://www.btimes.com.my/Current_New...cle/index_html

Bolton Bhd is targetting a gross development value of RM1 billion from four new properties to be launched this year.

Executive Chairman Datuk Azman Yahya said the four new properties would be located in prime locations.

"The much-awaited "Sixceylon" development in Jalan Bukit Ceylon will be launched in June," Azman said during the unveiling of the project here today.

The Sixceylon will be built on where the current Bolton Court is located.

The existing 12-storey Bolton Court, completed in the late 1970s, will be redeveloped and transformed into a modern development comprising a 33-storey apartment building priced between RM600,000 and RM1.2 million per unit.

The Bolton Court, with its design and location was well received by the expatriate community and many leading multinational corporations and foreign dignitaries have known it to be their home when in Malaysia, Azman said.

"Although Bolton Court has contributed significant investment income for Bolton over the years, we believe the time is now right to redevelop the old and tired-looking building," he said.

He also said the recent increase in interest rate is not expected to have a significant impact on the sales of property.

"The increase of 25 basis point is still small," he said.

"What is important is that there must be confidence that the financial market continues to support property projects," he added. -- Bernama