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Old November 26th, 2008, 06:55 AM   #1
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KUALA LUMPUR | Naza Tower | 200m+ | 50 fl | Com

NAZA HQ Tower @ Platinum Park, KLCC






Platinum Park to push TTDI into big league
Monday January 28, 2008
Stories by S.C. CHEAH
TheStar



World-class development will help brighten local property sector.

TTDI Development Sdn Bhd's newly launched Platinum Park, a world-class RM3.5bil high-end integrated residential and commercial development in Kuala Lumpur's Golden Triangle, has catapulted the company into the big league of property development.

The sale of the 50-storey Menara Felda, the tallest of seven iconic towers in Platinum Park, to the Federal Land Development Authority (Felda) for RM640.7mil last week is a major achievement, not only for the company but also for the whole industry that needs this kind of “fireworks” to brighten the “gloom and doom” of a US and possibly global recession.

With the launch of Platinum Park, about 700 metres from the Petronas Twin Towers and Suria KLCC shopping centre, TTDI is poised to regain its former glory not only as an industry leader but also as a major player to be reckoned with.

TTDI group managing director Datuk Johan Ariffin said Platinum Park would be a world-class product and one of the most exciting developments that Malaysia had ever seen.

“It will be a must-see destination for tourists like Roppongi Hills in Tokyo, Xin Tian Ti in Shanghai and Knightsbridge in London. If you are a tourist and you have not visited Platinum Park, then you have not been to Kuala Lumpur.”

“What Hyde Park is to London park-front apartments and Central Park is to New York condominiums, so it shall be with our Platinum Park properties. This is an investment grade property. The potential is tremendous,” he told StarBiz in an interview.

Designed by RSP Architects, this “haven within a city” development will be the latest project by the renowned architectural firm responsible for a number of other landmark works including the KL Hilton and Le Meridien hotels, Great Eastern Office and GE Mall. It will be the biggest luxury development to be undertaken by a bumiputra company in the vicinity of the KLCC.

It will comprise of three high-end condominiums (287 units) called Platinum Residences; three Grade A office towers and a five-star, 452-unit, 30-storey serviced apartment tower called Platinum Concierge Suites, designed to give the best view of the Petronas Twin Towers, the Melawati Hills and the Royal Selangor Golf Course.

The super condominiums will be priced from about RM2,000 to RM2,500 per sq ft with size of 2,200 to 3,500 sq ft, 4,500 to 5,500 sq ft and penthouses of 8,000 to 13,000 sq ft. Of the three condominium towers, one will be a 30-storey block with 123 units and two, 42-storey tower with a total of 164 units. The first condominium block would be launched later this year or early next year.

While the condominiums are targeted at owner-occupiers, the serviced apartment with size of 450, 675, 900 and 1,500 sq ft will be targeted at discerning investors.

Besides the very prime location, Platinum Park's other unique selling points are its size and concept.

Johan said apart from KLCC, there were no other developments that had the size of Platinum Park in the immediate neighbourhood.

“The 9.1 acres gives us the opportunity to create something different and iconic. We are able to create a seamlessly integrated development of seven towers with top of the line security and ICT.

“We found that every development in the neighbourhood is of one or two blocks and three towers at the most. Ours is the only one that has seven towers.”

Johan said there would be 80,000 sq ft of lifestyle retail space spread over the edge of the park and the towers. There will also be three levels of auto showrooms.

This “necklace” of niche retail offerings will complement this one-of-its kind development in the capital. These outlets will feature international products and services never seen before in Kuala Lumpur.

The retail units will not be sold but kept for rental income. They will also serve residents in about a dozen new condominiums in the immediate vicinity.

Menara Felda's 50 floors will reflect Felda's 50 years of successful history. It will have a net lettable area of 689,000 sq ft and a floor plate of 15,000 sq ft. It will have, among other things, a large banquet hall that can seat 1,500 people at the basement level, double volume ceiling, pre-function lobby and two basements and a podium for parking.

The three office towers will be of 33, 38 and 50 stories. The indicative prices of the office lots will be around RM1,200 to RM1,500 per sq ft, depending on size and the market. The remaining two office towers called Platinum 1 and 2 business suites might be launched later this year or early 2009.

Platinum Park will be developed in five phases over the next eight years and is expected to contribute significantly to TTDI's bottom line.
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Old July 6th, 2009, 06:02 PM   #2
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update..

Quote:
Originally Posted by nazrey View Post


[IMG]http://www.**************/show/2009/07/06/10/01/4324720_981x505.JPG[/IMG]
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Old July 6th, 2009, 06:57 PM   #3
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..

Quote:
Originally Posted by James Foong View Post
Naza Tower status - Piling load test and boring work

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Old July 6th, 2009, 07:22 PM   #4
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final design

Quote:
Originally Posted by nazrey View Post

[IMG]http://www.**************/show/2009/07/06/10/04/4324738_235x456.JPG[/IMG]

[IMG]http://www.**************/show/2009/07/06/10/01/4324717_424x508.JPG[/IMG]
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Old July 19th, 2009, 11:42 PM   #5
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From the earlier proposal to the new proposal!

[IMG]http://www.**************/show/2009/07/06/10/49/4325209_950x395.JPG[/IMG]
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Old July 19th, 2009, 11:42 PM   #6
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Putrajaya Perdana unit wins RM287mil job
Friday July 3, 2009

PETALING JAYA: Putrajaya Perdana Bhd unit Putra Perdana Construction Sdn Bhd has been awarded a RM287.23mil contract for the main building works of Naza TTDI Sdn Bhd’s 50-storey headquarters.

In a statement to Bursa Malaysia yesterday, it said the project would take 33 months and was expected to be completed by March 31, 2012.

The project was expected to contribute positively to the group’s earnings and net assets for the financial years ending Dec 31, 2009 to 2012, it said.
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Old July 19th, 2009, 11:43 PM   #7
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PM: Govt will help companies become global champions
By Jeeva Arulampalam
Published: 2009/07/07



THE government will support companies such as the Naza Group to become regional and global champions, Prime Minister Datuk Seri Najib Razak said yesterday.

He also urged other Bumiputera companies to emulate the success of the Naza Group which, under its founder the late Tan Sri SM Nasimuddin SM Amin, used the New Economic Policy to build a conglomerate.

"With the recent liberalisation announcements made at Invest Malaysia, the government remains committed in helping Bumiputera companies that strive and work hard to achieve success," Najib said in his speech yesterday at the ground-breaking ceremony of the Naza Group's new headquarters in Kuala Lumpur.

He added that the growth and development of Malaysians companies like Naza should transcend the role played by the founder of the company.

"One of the biggest challenges of family conglomerates is to pass it on (successfully) to the next generation. They must have the attributes to continue with what the founder has done and the leadership to take it to greater heights," he said.

Speaking to the press later, Najib said the government is monitoring the development of the recent liberalisation measures.

"It is important to build our competitive strength. What I'm doing now is to streamline our policies and make it more attuned with what is required of Malaysia and positioning Malaysia in terms of the new global economic environment to ensure we are in a good position when the recovery takes place," he said when asked if more liberalisation announcements are in store.

Meanwhile, the Naza Tower, which is due for completion in 2013, will be the headquarters for the Naza Group with the ground floor housing automobile sales showrooms.

The 50-storey tower, which is designed to be a "green building", has a net floor area of 532,479 sq ft and a net sale value of RM670.9 million.

The tower is part of Naza TTDI Sdn Bhd's Platinum Park development located in the Kuala Lumpur city centre. The overall Platinum Park development, spanning 9.1 acres, has a gross domestic value of RM4 billion and will see seven buildings when fully completed by 2018.

Menara Felda, the first building, was sold to Felda in January 2008. Another office tower was sold to Profound Reliance, a member of the Naza group, while a 38-storey building was sold to an undisclosed institutional buyer.
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Old July 19th, 2009, 11:43 PM   #8
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by rizalhakim

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Old July 19th, 2009, 11:44 PM   #9
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by rizalhakim

[img]http://www.**************/show/2009/07/20/12/45/4502239_799x600.JPG[/img]
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Old July 19th, 2009, 11:48 PM   #10
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by rizalhakim

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Old July 20th, 2009, 11:14 PM   #11
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Fantastic shape!
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Old July 22nd, 2009, 03:35 PM   #12
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by goyo80
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Old July 23rd, 2009, 07:55 AM   #13
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Tabung Haji said to be buyer of Naza building
By Kamarul YunusPublished: 2009/07/23

Tabung Haji is believed to be the buyer of a multi-storey tower in the heart of Kuala Lumpur that will be built by Naza TTDI Sdn Bhd.

A source said that Tabung Haji had purchased the 30-storey building, located at the RM4.1 billion integrated upmarket commercial and residential property project known as Platinum Park.

It would be the second property in the project that Naza TTDI has sold, after last year's RM640.7 million deal with plantation group Felda for a 50-storey tower.

"I don't know whether Tabung Haji will move its headquarters to the new building or whether it bought for investment purposes," the source told Business Times. Tabung Haji has declined to comment.

In an interview with Business Times recently, Naza TTDI group managing director SM Faliq SM Nasamuddin said that a 30-storey building had been sold to a government-linked company. He did not reveal the buyer.

"This tower together with two other towers is scheduled for completion within five years," the source said.

Naza Group of Companies joint executive chairman SM Nasarudin SM Nasimuddin, when met at a function in Kuala Lumpur yesterday, declined to reveal the buyer of the third tower at Platinum Park.

"It has already been sold, but I am not about to reveal who the buyer is," he said after witnessing the signing of an agreement between Naza Group and Well Spring Inc in Kuala Lumpur.

Naza has been given a master licence by the US-based company to operate "Tutti Frutti" frozen yogurt outlets in the country.

Work has started on the Felda building as well as the 50-storey building which will house Naza Group's headquarters.

Platinum Park, developed by Naza TTDI, is in the vicinity of the Petronas Twin Towers and the Suria KLCC shopping centre.

It is set to be the single largest luxury project undertaken by a Bumiputera company in the heart of Kuala Lumpur.

There will be seven buildings at Platinum Park.

Naza TTDI is the property arm of the Naza group. Founded by the late Tan Sri Nasimuddin SM Amin, the group was better known as a motoring company before it bought over TTDI from Danaharta in 2004.
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Old July 27th, 2009, 04:37 AM   #14
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Old July 28th, 2009, 12:56 AM   #15
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Old July 30th, 2009, 07:53 AM   #16
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Old August 3rd, 2009, 08:46 PM   #17
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Old August 4th, 2009, 01:40 PM   #18
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Old August 5th, 2009, 06:56 PM   #19
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Old August 17th, 2009, 12:06 PM   #20
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