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Old March 22nd, 2008, 04:38 PM   #1
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KUALA LUMPUR | Menara Felda | 200m+ | 50 fl | Com

Felda Tower
50-storey
http://www.felda.net.my/

[IMG]http://www.**************/show/2009/07/06/10/04/4324740_269x451.JPG[/IMG]

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Old March 22nd, 2008, 04:39 PM   #2
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By rizalhakim


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Old March 22nd, 2008, 04:44 PM   #3
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UPDATE:
By rizalhakim

image hosted on flickr


image hosted on flickr


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Old March 22nd, 2008, 04:50 PM   #4
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50-storey Menara FELDA
(The Federal Land Development Authority (more commonly referred to as FELDA)

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Old March 22nd, 2008, 04:56 PM   #5
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Office Towers @ KLCC



The Site
by SEcki

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Old March 22nd, 2008, 04:59 PM   #6
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TDI Dev mulls more en bloc sales
By Sharen Kaur

Quote:
Foreign investors plan to house their corporate offices at the seven iconic towers in Platinum Park, says the property arm of the Naza Group
TTDI Development Sdn Bhd, the property arm of the Naza Group, may do more en bloc sales of its development due to strong interest from Middle East and Singapore investors.

TTDI is building seven iconic towers in Platinum Park, its first high-end integrated residential and commercial project on a 3.64ha site.

Group managing director Datuk Johan Ariffin said the foreign investors plan to house their corporate offices at the towers. More deals may be concluded this year or by early 2009.

"The reason we go for en bloc sales is to mitigate market risk. It's safer to lock in sales, eliminate market risk and see what to do next," Johan told Business Times at a media briefing on Monday.

"Based on current market value for properties in Kuala Lumpur, TTDI expects the gross development value of the project to hit RM4 billion from earlier estimations of RM3.5 billion," Johan said.

TTDI on Monday agreed to sell a 50-storey office tower, dubbed the Felda Tower, to the Federal Land Development Authority (Felda) for RM640.7 million.

Platinum Park will be developed over five to eight years. It will comprise two 42-storey high-end condominium towers with 164 units and one 30-storey condominium block with 123 units.

The units will be priced from RM2,000 to RM2,500 per sq ft with sizes ranging from 2,200 to 5,500 sq ft and penthouses with built-up areas of between 8,000 and 13,000 sq ft.

The project will also consist of 50-storey, 38-storey and 33-storey Grade A office towers and a five-star 30-storey serviced apartment tower.

Construction of the buildings will start this year except for the 42-storey blocks, which will start in 2009, being the final phase of the development.

It is learnt that the new Naza headquarters will be housed at the 33-storey office tower.

Platinum Park will be complemented with a RM20 million 0.6ha park and a "necklace" of niche lifestyle retail offerings spread over 80,000 sq ft.

The Felda Tower will have a net lettable area of 689,000 sq ft and a banquet hall when completed in 2012.

Deputy Prime Minister Datuk Seri Najib Tun Razak performed the ground-breaking ceremony for Platinum Park yesterday.
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Old March 22nd, 2008, 08:02 PM   #7
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cool
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Old March 25th, 2008, 06:18 PM   #8
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Old March 25th, 2008, 06:20 PM   #9
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[IMG]http://www.**************/show/2009/07/20/12/58/4502367_956x406.JPG[/IMG]

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Old March 25th, 2008, 06:29 PM   #10
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Felda signs agreement to buy office tower from TTDI




KUALA LUMPUR: Federal Land Development Authority (Felda) yesterday signed a sales and purchase agreement with TTDI Development Sdn Bhd for the purchase of a 50-storey office tower for RM640.77mil.

The office tower to be called Menara Felda is the tallest of seven towers in TTDI Development’s RM3.5bil Platinum Park, in Kuala Lumpur City Centre (KLCC). Construction will start this year and is scheduled for completion in four years.

Deputy Prime Minister Datuk Seri Najib Tun Razak, who performed the groundbreaking ceremony for Platinum Park, also witnessed the signing between Felda and TTDI Development, a member of the Naza group.

Also present were Felda chairman Tan Sri Dr Mohd Yusof Noor, TTDI Development chairman Tan Sri SM Nasimuddin SM Amin and Deputy Federal Territories Minister Datuk Wira Abu Seman Yusop.

“The decision to build Menara Felda in the city centre is to promote Felda as an iconic organisation in line with its success all this while.

“Menara Felda, to be located along the same row as five-star hotels and near the Petronas Twin Towers, has the potential to raise Felda's image and in tandem with this, Felda settlers must change their mindset to take the organisation to greater heights,” Najib said after the groundbreaking and signing ceremony.

He said more than 50 years ago, Felda provided a source of livelihood for the people by opening up land but now it was getting modern and needs to generate wealth at the international level.

“We could have built Menara Felda at another place, even next to its head office in Jalan Gurney, but then Felda would not be in the limelight. Strategic thinking prompted us to locate the tower here,” Najib said.
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Old March 25th, 2008, 06:31 PM   #11
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TTDI Dev sees record earnings this year
By Sharen Kaur Published: 2008/02/11




The company expects profit to jump 36 per cent to RM85 million, largely driven by several new developments taking shape this year

TTDI Development Sdn Bhd expects a record after tax earnings this year, helped by sales of current projects and those from new launches, its chief said.

It expects profit to jump 36 per cent to RM85 million in the year to December 31 2008. Revenue should triple to RM600 million.

The company made RM62.5 million in after tax profit on top of RM204 million revenue last year.

"We are confident of achieving our target, largely driven by several new developments taking shape this year," group managing director Datuk Johan Ariffin told Business Times in an interview.

In 2006, TTDI posted an after tax profit of RM31.4 million, on the back of a RM162 million revenue.

The developer also aims to keep gearing, a measure of debt, below 0.5 times. It has debt of RM142 million, which is 0.3 times its shareholders' funds currently.

TTDI has 197.6 hectares in Kuala Lumpur and Shah Alam. It is developing some 14 commercial and residential projects, plus mixed developments, worth more than RM6 billion.

Its latest product and also its first high-end integrated residential and commercial project is Platinum Park in Kuala Lumpur. The RM4 billion project will be developed over five to eight years on a 3.64ha site.

Johan said TTDI is expected to sign a second enbloc sale for another tower at Platinum Park this year, worth some RM550 million.

Platinum Park comprises seven towers. The first tower, a 50-storey office block, was sold to the Federal Land Development Authority (Felda) for RM640.7 million last month.

TTDI aims to also launch seven new projects this year, with a combined value of RM2 billion.

There are The Valley TTDI in Ampang; Jayamas II in TTDI Jaya, Shah Alam; phase 1 of TTDI Kajang, TTDI Puchong and TTDI Alam Impian; phase 3 of Laman Seri and Laman Seri Business Park in Section 13, Shah Alam.

"These projects will contribute positively to the company's earnings this year. Alam Impian, which will be launched in the second quarter, will contribute RM52 million," Johan said.

Johan said the phase 3 bungalows of Laman Seri are already 54 per cent sold even before the launch. It anticipates a similar success for Laman Seri Business Park, which will generate RM143 million in sales this year.

TTDI has also identified land in real estate hotspots like Penang and Johor to take advantage of rising demand.

"Several projects have and are being studied but, to date, we have not concluded any," Johan said.

TTDI also has long term plans to venture abroad.

Tan Sri S.M. Nasimuddin S.M. Amin, the company's chairman, told Business Times the company is mulling niche developments in Singapore, Indonesia and Vietnam in the near future.

"We are looking at various plans to expand and it includes developing landbank jointly with strategic local partners overseas," Nasimuddin said.
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Old March 25th, 2008, 10:08 PM   #12
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great design
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Old April 17th, 2008, 04:28 PM   #13
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---

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Old April 17th, 2008, 04:30 PM   #14
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From: http://www.nazattdi.com/


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Old April 18th, 2008, 04:10 AM   #15
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NEW update!

7 NEW TOWERS @ PLATINUM PARK, KLCC

1. 50-storey FELDA OFFICE TOWER [counted as 1 tower]

2. 50 & 33 storey NAZA OFFICE TOWER [counted as 2 tower]

3A. Twin 42-storey Platinum Residences II [counted as 2 tower]
B. Twin 30-storey Platinum Residences I [counted as 1 tower]

4. Twin 30-storey Platinum Concierge Suites [counted as 1 tower]


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Old April 18th, 2008, 05:04 AM   #16
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by travellator

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Old April 18th, 2008, 04:40 PM   #17
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you should use the correct format tho...

i think this is about a one single tower thread...not a general development, right?
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Old April 21st, 2008, 07:10 PM   #18
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19/04/2008

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Old April 23rd, 2008, 01:21 PM   #19
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Quote:
Originally Posted by oshkoshbgood View Post
you should use the correct format tho...

i think this is about a one single tower thread...not a general development, right?
I think it is not worth it to have 7 different threads for each building in this project. I think Nazrey is doing a great job, just treat it like the MidValley and KL Sentral threads.

Some of a more prestigious projects like the four 200 meter tall towers in Madrid are also having a single thread instead of 4 different threads for each of the building.
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Old May 10th, 2008, 12:41 PM   #20
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