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Discussion Starter · #1 · (Edited)
JALAN KAMPUNG PANDAN MIXED DEVELOPMENTS/ REDEVELOPMENTS







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City&Country: Yayasan Selangor to redevelop assets

By Lam Jian Wyn of The Edge Malaysia

Sunday, 19 August 2012 00:00


Kampung Pandan

The foundation’s other prized asset is its 7.17-acre tract along Jalan Kampung Pandan, Kuala Lumpur. It is located about 300m from the proposed Kuala Lumpur International Financial District. Both the Tun Dr Ismail and Toh Puan Ashikin hostels there have been demolished. “Look at Pavilion KL, it was formerly Bukit Bintang Girls School. We have been operating the hostels since the mid-70s. Why should we be left behind?” asks Ilham.

The hostels’ demolition and relocation of the students had seen criticism from certain quarters, including past students supported by Yayasan Selangor. However, the students have since been relocated to hostels of their choice.

Yayasan Selangor plans to have a high-end hotel and a mix of commercial retail units, SoHos and serviced apartments at the site. The development will be undertaken on a build-operate-transfer and joint-venture basis.


The estimated GDV of this redevelopment will be at least RM1 billion, says Ilham. Of all its other redevelopment projects announced to date, this project attracted the most interest from developers — including UEM Land Holdings Bhd, Sunway Bhd and Glomac Bhd — during the call for tenders, with over 36 tender documents sold. So far, five parties have submitted their tenders. It will be another two months before the results are known, says Ilham.

The winning developer will have to set up a special purpose vehicle (SPV) to undertake the development. The SPV will be responsible for converting the land status and drawing up plans for the site. Ilham says Yayasan Selangor’s plan is to eventually build a school in Bestari Jaya, Kuala Selangor. This boarding school will be home to about 1,000 students, with eight classes per form. To be built in compliance with the Green Building Index, the school will feature a swimming pool, squash court and sports facilities.

Discussions are underway with the Ministry of Education over how it will be run, so it remains to be seen if this plan comes to fruition. “We can always wait for the outcome of the 13th general election,” he says with a twinkle in his eye.
http://www.theedgeproperty.com/news...try-yayasan-selangor-to-redevelop-assets.html
 

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Discussion Starter · #5 ·
Thursday June 14, 2012

‘Hostel demolished for land sale’

THE Selangor government demolished a Yayasan Selangor hostel in Kampung Pandan because it wanted to sell its land, claimed state Umno deputy chief Datuk Seri Noh Omar.

“With that move, the state government has denied youths from rural areas a chance to pursue quality education in the city,” he said, adding that Yayasan Selangor was set up to assist youths from rural areas in the state.

The state government, he alleged, had also rejected a suggestion to set up a Universiti Teknologi Mara (UiTM) branch in Serendah due to political reasons.

The Pakatan Rakyat government, he said, had failed to develop education in the state, citing the alleged losses incurred by Universiti Selangor (Unisel).

“I challenge the Selangor Mentri Besar Tan Sri Khalid Ibrahim to declare how much losses Unisel has to bear.

“Is it the RM30mil worth of assets that had to be liquidated to assist students whose National Higher Education Corporation Fund (PTPTN) loans were frozen?” he asked reporters at the Parliament lobby.

He added that it was also revealed during the state assembly last year that Unisel had suffered losses amounting to millions of ringgit.

Higher Education Minister Datuk Seri Khaled Nordin had said the temporary freeze on fresh PTPTN loans for the Selangor government-owned university students was to test if the state was capable of providing free education as claimed.

The freeze was later lifted on June 8.

More: http://thestar.com.my/news/story.asp?file=/2012/6/14/parliament/11473861&sec=parliament
 

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Discussion Starter · #6 ·
30 October 2012

Sebagaimana yang dimaklumi, tapak seluas 7.5 ekar di Jalan Kg. Pandan, Kuala Lumpur milik Yayasan Selangor akan dibangunkan sebagai pusat komersil sebagaimana persekitarannya. Pembangunan tersebut akan dimulakan pada awal tahun 2013.

Sebagai ganti kepada Asrama Yayasan Selangor Kuala Lumpur (AYSKL), Yayasan Selangor akan membina sebuah Sekolah Berasrama Penuh (SBP) yang boleh menampung 1,000 pelajar, yang menelan belanja tidak kurang daripada RM50 juta (tidak termasuk kos tanah). Kos pembinaan SBP di biayai daripada pulangan cadangan projek usahasama memajukan tapak AYSKL, Jalan Kg Pandan dengan pulangan kepada YS tidak kurang daripada RM300juta (“in cash and kind”).

Pihak kami ingin memberikan jaminan bahawa semua proses pembangunan hartanah Yayasan Selangor kini dan akan datang adalah telus dan sama sekali tidak boleh disamakan dengan projek-projek yang telah dijalankan sebelum ini oleh pengurusan terdahulu.

Yayasan Selangor kini amat berhati-hati dan mensyaratkan pulangan kepada YS daripada sesuatu projek usahasama (joint-venture) adalah 30:70; di mana YS perlu mendapat 30% keuntungan daripada GDV (Gross Development Value) projek tersebut. Ini dilakukan bagi menjaga kepentingan Yayasan Selangor dan rakyat Negeri Selangor.

Ini amat berbeza dengan proses pembangunan semasa pemerintahan Barisan Nasional (UMNO) dahulu, di mana YS hanya mendapat antara 3 – 5% sahaja daripada GDV. Ini terbukti daripada pembangunan tanah di Persimpangan Jalan Raja Muda/Jalan Tun Razah Kg. Baru apabila YS hanya mendapat sebuah bangunan bernilai RM54 juta, sedangkan GDV projek tersebut adalah sekitar RM1.8 billion. Begitu juga dengan projek-projek lain seperti pembangunan tanah di Petaling Jaya, Klang dan Kelana Jaya.

Semua projek kini adalah melalui proses tender terbuka, sedangkan pada zaman BN dahulu ia dijalankan secara rundingan terus (direct negotiation). Disebabkan pulangan yang amat rendah dan proses rundingan terus, pihak kami berpendapat kemungkinan berlaku penyalahgunaan kuasa dalam proses tersebut.

Semua kepincangan proses pembangunan hartanah YS pada masa dahulu akan melalui proses “forensic audit” tidak lama lagi. Pemilihan Auditor kini sedang ditender secara terbuka.

Tuduhan-tuduhan kononnya pihak pengurusan tertinggi YS atau Kerajaan Negeri Selangor mempunyai kepentingan dan berhasrat untuk menjual tanah milik YS adalah fitnah semata-mata. Kami menganggap tuduhan liar tersebut hanyalah tindakan terdesak pihak-pihak tertentu untuk memancing undi dan menjatuhkan image Kerajaan Pakatan Rakyat, memandangkan Pilihanraya Umum ke-13 akan diadakan tidak lama lagi.

Oleh itu, pihak kami ingin mengingatkan kalangan tertentu supaya tidak menyamakan proses tender kini yang dikendali secara telus/terbuka di YS, dengan proses pembangunan secara “runding terus” semasa zaman BN tidak lama dahulu.

ILHAM MARZUKI
Pengurus Besar
Yayasan Selangor.


From Anwar Ibrahim Blog :D
http://anwaribrahimblog.com/2012/10/30/pembangunan-tanah-yayasan-selangor-telus/
 

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Discussion Starter · #7 ·
Spanking new look for Yayasan Selangor building


By Lam Jian Wyn of theedgeproperty.com

Friday, 30 November 2012 11:22


..

The foundation has another property in the city — a 7.17-acre tract along Jalan Kampung Pandan, 300m away from the Tun Razak Exchange financial centre.

A mixed development comprising commercial properties, SoHos, a high-end hotel and serviced apartments worth RM1 billion has been proposed for the site, according to the tender notice.


This article first appeared in The Edge Financial Daily, on Nov 30, 2012.


More: http://www.theedgeproperty.com/news...g-new-look-for-yayasan-selangor-building.html
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