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Old November 18th, 2009, 06:26 AM   #61
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Quote:
Originally Posted by nazrey View Post
The new commercial area (NEW RENDERING)
taken from
www.surbana.com

[IMG]http://www.**************/show/2009/11/02/10/59/5737733_909x476.JPG[/IMG]

[IMG]http://www.**************/show/2009/11/02/11/00/5737739_600x456.JPG[/IMG]

[IMG]http://www.**************/show/2009/11/02/11/00/5737740_601x459.JPG[/IMG]

[IMG]http://www.**************/show/2009/11/02/11/00/5737741_601x462.JPG[/IMG]
Phase II
From Malaysian forum

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Old November 22nd, 2009, 09:00 AM   #62
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Wow this in is a cool project
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Old December 7th, 2009, 08:23 PM   #63
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Developers still drawn to Penang's allure
By Marina Emmanuel Published: 2009/12/08

Penang remains a property hotspot with developers from both the island and the Klang Valley, with the number of new projects increasing in the third quarter of this year.

Despite fears of a property bubble, notably in the condominium market, developers appear to be forging ahead with new and innovative launches on the island where foreign buyers are making a beeline for homes with a commanding view of the sea or hills.

The new developments are scattered across the island and players include Eastern and Oriental Bhd (E&O), IJM Land Bhd, SP Setia Bhd, Mah Sing Group Bhd and the Penang-based Ivory Properties Group and MTT Properties and Development.

These players have not only been marketing their projects to Malaysians but also in neighbouring countries and farther away, like South Korea and Great Britain.

In a report titled "Pounding the Pavement in Penang" on November 5, CIMB expressed optimism over the outlook for landed residential property on the island, and even seafronting condominiums.

"We believe residential property prices in Penang have appreciated strongly in recent years due to some short- to medium-term supply constraints and the influx of Klang Valley developers.

"The high quality and exciting property products offered by these aggressive developers will not only attract upgraders from Penang but also buyers of holiday homes from Kuala Lumpur, Singapore and Hong Kong," the research firm said.

If seafront condominiums on reclaimed land look to be the prime beneficiaries of robust demand, then IJM Land and E&O are set to do well with their projects.

"We feel that the property market in Penang is still resilient as prices are lower when benchmarked against those for integrated developments in cities like Kuala Lumpur, Singapore and Bangkok," IJM Land managing director Datuk Soam Heng Choon said.

"Also, the base lending rate is still low and some cash-rich investors are switching from the stock market to property."

IJM Land's "The Light" waterfront project on reclaimed land along the Jelutong Expressway is an ambitious development set to raise the bar for property prices in the state.

Phase 1, which sprawls over 16ha, comprises residential units and is expected to take six years to complete. The second phase will encompass 41.2ha and take 15 years to be developed.


The gross development value of both phases is reported to be RM5.5 billion.

"We are still optimistic about demand owing to the fact that 'The Light' is the only integrated waterfront development in Penang with iconic landmark buildings such as an information technology hub, promenade mall, seafront boardwalk, convention and exhibition centre, boutique hotel and marina club," Soam said.

"For E&O, based on the positive take-up of our earlier properties and the registered interest in our upcoming launches, prospects of the property market in Penang are highly encouraging," its executive director Eric Chan Kok Leong said.

From the time the company launched its first batch of terraced homes at its seafront reclaimed land till now, E&O has been seeing strong take-up for its "Seri Tanjung Pinang" offerings, he added.

Located about 15 minutes from George Town, the mixed residential and commercial project features two phases over a development period of between 15 years and 20 years.

Seri Tanjung Pinang's Ariza Seafront Terraces and Serviced Residences achieved at least 80 per cent take-up within a few weeks of their soft launch, its developer said.

"In fact, all 33 units of the Ariza Seafront Terraces were sold within a mere three hours of launch.

"What's more, a balloting system had to be put in place for the four units with direct sea frontage," Chan added.

On the southwestern tip of the island, SP Setia's maiden and flagship project in Penang is the 45.2ha "Setia Pearl Island".

The former golf course land has been substantially developed and SP Setia has sold an estimated RM500 million worth of properties since the initial launch two to three years ago.

"As a keen proponent of sustainable development, two of our upcoming projects have been earmarked to be Green Building Index-compliant," its director of property division (north) S. Rajoo said.

They are the 0.8ha "Brook Residences" high-end bungalow development adjacent to the affluent Jesselton area and the "Ara Setia", a 12ha mixed development in Sungai Ara.
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Old December 24th, 2009, 11:59 AM   #64
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Quote:
Phase I

IJM’s The Light Point records 70% take-up
By Rosalynn Poh of theedgeproperty.com
Tuesday, 22 December 2009 11:57

KUALA LUMPUR: IJM Land Bhd’s The Light Point, its second luxury condominium project at the iconic waterfront development The Light in Penang has achieved 70% sales. More than 100 interested buyers participated in the balloting session for the project’s 88 units last Saturday Dec 19, 2009.
Situated just off the Penang Bridge on the island’s eastern coastline, The Light has a gross development value of RM5 billion.

IJM Land’s managing director Datuk Soam Heng Choon told theedgeproperty.com the average price for The Light Point units was RM620 psf.

“Buyers were mainly from Penang and we had some from Kuala Lumpur as well. There are mostly Bumiputera units left. The Light Point offers exclusivity, low density, three car parks per unit and many other attractive features,” he said.

The Light Point consists of 88 condominium units with built-ups from 1,830 to 4,090 sq ft. housed in a 28-storey tower with only four units to a floor.

IJM Land previously launched The Light Linear comprising two blocks of 17-storey condominiums with a total of 328 units, two car parks per unit at an average price of RM420 psf. Soam said The Light Linear is fully sold except for some of its bumiputra units.

The Light will be developed over three phases - the first phase consists of three residential projects - The Light Linear, The Light Point and The Light Collection. Phase two comprises a mixed development including a hotel, corporate park, office towers and business hotel, fashion mall and waterfront dining and entertainment district. Its third phase, according to the master plan, is a sea front park.

The whole waterfront project spans a total of 152-acres and is to be developed over the next 12 to 15 years via Jelutong Development Sdn Bhd, a subsidiary of IJM Properties Sdn Bhd.

The next launch for The Light would be The Light Collection I & II which is expected to be in 2Q2010.
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Old January 17th, 2010, 12:19 PM   #65
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prefer the older design..esp the 2 iconic towers
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Old January 21st, 2010, 07:51 PM   #66
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The Light to brighten IJM sales prospects
By Marina EmmanuelPublished: 2010/01/20

PROPERTY developer IJM Land Bhd (5215) remains optimistic over demand for its Penang projects this year, as it continues to unveil new offerings within its "The Light" waterfront project on the island.

"The fact that our site is protected from tsunamis is yet another advantage," said its managing director Datuk Soam Heng Choon.

Several parts of Malaysia, including the islands of Penang and Langkawi, were hit by tidal waves, resulting from of an earthquake near Sumatra, Indonesia, in December 2004.

Soam said iconic landmarks such as a digital hub, boutique hotel and a convention centre will set The Light apart from other waterfront developments on the island.

The Light, which is a RM5.5 billion mixed development project, is being carried out on reclaimed land north of the Penang Bridge.

Phase 1, which sprawls over 16ha, comprises residential units and is expected to take six years to complete.

One component of this phase, which will set IJM apart from its competitors, is the 19 units of seafront designer bungalows tagged at RM15 million each.

The units are due to be launched by the end of next year.

The second phase encompasses 41.2ha and will take 15 years to be developed.

The project's The Light Linear condominiums, which were soft-launched in July last year, saw non-Bumiputera units sold out within the day.

"As for The Light Point luxury condos, which are due to be completed by December next year, about 65 per cent of the units have been sold since its soft launch last month," said Soam.

The Light Linear units, which are priced between RM522,000 and RM730,000, have been snapped up mostly by local buyers, he added.

"We are planning for overseas roadshows in Beijing, Shanghai, the Middle East and Singapore this year, and these will (focus) mainly on the second phase of The Light where we plan to target potential investors and en-bloc buyers."
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Old January 28th, 2010, 09:59 AM   #67
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Old February 1st, 2010, 04:20 PM   #68
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IJM project aims to rival other landmarks
By Marina EmmanuelPublished: 2010/02/01

IJM Land Bhd (5215), which serves as the property arm of IJM Corp Bhd, was the result of merging IJM Properties Sdn Bhd with RB Land Holdings Bhd.

As part of its greening mission with "The Light" waterfront project, IJM Corp seeks to tap the indigenous environmental elements which have contributed to the Penang essence, or Penang air, which the locals and foreign visitors love, seek and enjoy.

For The Light project, new trees will be planted and ample greenery integrated to create green zones that will enhance a visit to the site.

The RM5.5 billion project, to be developed over the next 12 to 15 years, has been designed to rival landmarks such as Canary Wharf in London, the UK; Docklands in Melbourne, Australia; and Queens Quay in Toronto, Canada.
The developer has appointed six Malaysian architectural firms to design the residential components in the first phase. The project will be developed over three phases.

Among the eco-friendly initiatives that will reportedly be carried out by IJM in developing The Light is the harvesting of coral reefs in the waterways that will be built around the residential units.

Apart from ensuring a healthier marine life, the coral reefs will add aesthetic appeal to the development, notably at night, when they will be lit with a soft underwater glow.

The underwater glow, to be powered by wind generators, is expected to give residents a view of what is underwater from the balconies or windows of the units.
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Old February 3rd, 2010, 08:35 PM   #69
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Green plans for IJM's The Light
By Marina EmmanuelPublished: 2010/02/01

Property developer IJM Land is putting about 5 per cent of the construction costs of the Penang waterfront project into green-related technologies

Property developer IJM Land Bhd's (5215) efforts in turning "The Light" waterfront project into Penang's first green development, will see the company putting about 5 per cent of its construction costs into green-related technologies.

Its managing director Datuk Soam Heng Choon said the company is fine-tuning basic design or passive design to cut its reliance on high-technology products for IJM Land's flagship waterfront development in Penang, which carries a development value of RM5.5 billion.

Among others, emphasis will be placed on tapping into natural lighting and cross-ventilation of buildings.

"Our first approach is to reduce materials usage for the project, rather than specifically source for recycled materials," he told Business Times.
Referring to the use of optic cables as an example, Soam said a single core of fibre optics would tremendously reduce a lot of copper cables and yet provide better quality of service to the occupants.

"However we are still sourcing for appropriate sustainable recycled materials for this project, where possible," he said.

Among the few green construction materials identified by IJM Land so far include recycled pavers and composite timber.

The Light, which serves as IJM Land's crown jewel, spans 60.8ha of reclaimed land along the eastern coastline of Penang island. The project stretches from the Penang Bridge to the city centre.

IJM Land is the property arm of IJM Corp Bhd, and is the result of a merger of IJM Properties Sdn Bhd and RB Land Holdings Bhd.

Phase one of The Light is a 16.8ha residential precinct which includes The Light Linear and The Light Point condominiums.

Both The Light Linear and Light Point will be built according to green standards.

Soam said IJM Land, which is working towards complying with Malaysia's Green Building Index (GBI) certification, said rainwater harvesting would be incorporated to reduce water consumption for landscape purposes.

"We also plan to provide a dedicated space for the recycling of household waste for all residents of The Light.

"Educational talks on recycling will be conducted regularly for residents and proceeds from the recycling programme can be donated to charitable organisations," he said.

Apart from using energy-saving lights and air-conditioners with built-in invertor technology in every unit in The Light, Soam said that a centralised vacumn system would be fitted in all units of The Light Point and The Light Collections to reduce the amount of airborne particles that might be reintroduced into the habitable space.

On the advantages of having these green-technology items installed in each unit, Soam said that the inverter air-conditioner, for instance, could help the user lower the power consumed by 60 per cent.
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Old February 3rd, 2010, 08:37 PM   #70
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THE LIGHT (PHASE 2)

Quote:
Originally Posted by ps5 View Post
THE LIGHT (PHASE 2)

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Old February 3rd, 2010, 08:54 PM   #71
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IJM’s The Light to launch second luxury condominium in Penang
By Rosalynn Poh of theedgeproperty.com

KUALA LUMPUR: IJM Land Bhd’s iconic waterfront project in Penang, known as The Light, will be launching its second luxury condominium within its first phase, The Light Point (picture), this Saturday (Dec 19). The Light, with a gross development value of RM5 billion, is situated just off the Penang Bridge on the island’s eastern coastline.

According to its website, there are at least three phases planned for The Light -- the first phase consisting of three residential projects called The Light Linear, The Light Point and The Light Collection, phase two comprises a mixed development including a hotel, corporate park, office towers and business hotel, fashion mall and waterfront dining and entertainment district. Its third phase, according to the master plan, is a sea front park.

IJM Land’s managing director Datuk Soam Heng Choon told theedgeproperty.com that The Light Linear condominium, also part of the first phase of The Light, was launched in July. “All non-bumiputra units for The Light Linear have been sold since our launch. There is a lot of interest for The Light Point, which we are launching this weekend,” he said. Soam said the average price of The Light Point is RM600 psf.

The Light Point will be made up of 88-units of condominiums with built-ups from 1,830 to 4,090 sq ft. As reported in The Edge’s City & Country on March 30, 2009, The Light Point will consist of a 28-storey luxury condominium block, with only four units to a floor. The Light Linear, on the other hand, comprises two blocks of 17-storey condominiums with 328 units.

The whole waterfront project spans a total of 152-acres and will be developed over the next 12 to 15 years via Jelutong Development Sdn Bhd, a subsidiary of IJM Properties Sdn Bhd.
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Old February 24th, 2010, 07:51 PM   #72
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Quote:
Phase I

UPDATE:
Quote:
Originally Posted by Victor18 View Post
The Light Waterfront Progress:

image hosted on flickr


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Old February 25th, 2010, 05:12 AM   #73
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UPDATE:
Quote:
Originally Posted by Victor18 View Post
The Light Waterfront Progress:

image hosted on flickr


image hosted on flickr
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Old February 25th, 2010, 05:04 PM   #74
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UPDATE:
Quote:
Originally Posted by Victor18 View Post
The Light Waterfront Progress:

image hosted on flickr


image hosted on flickr
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Old February 25th, 2010, 08:36 PM   #75
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Quote:
Originally Posted by ps5 View Post

image hosted on flickr


right now all we can do is wait and IMAGINE..............
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Old March 16th, 2010, 01:24 PM   #76
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it's very nice... more detailed rendering...but errrrr looks a little dense... wut do u all think....
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Old March 22nd, 2010, 08:46 AM   #77
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The Light Collection

Quote:
Originally Posted by nazrey View Post
The Light Collection 1



The Light Collection 3



The Light Collection 4

Quote:
Originally Posted by ps5 View Post
image hosted on flickr

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Old March 22nd, 2010, 09:39 AM   #78
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tahnkssss

thank youuu best web www.waymoney.tk and www.wowlife.tk
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Old March 22nd, 2010, 02:37 PM   #79
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lovely project
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Old March 22nd, 2010, 05:38 PM   #80
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Quote:
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