Monday, 9 December 2013

Upcoming launch : Pantai Sentral Hillpark

Upcoming launch : Pantai Sentral Hillpark
Pantai Sentral Park is a 58-acre project located next to YTL Land & Development Bhd’s Pantai Hill Park and is close to 200 acres of greenery in Bukit Gasing.

Upcoming launch : Pantai Sentral Hillpark
Pantai Sentral Park project, be to launched at the first quarter of 2014, will have a mixture of low and high-rise commercial and residential development, with a gross development value of RM3bil. The value will be boosted considerably if the proposed mass rapid transit Line 2, which passes through Pantai Dalam, materialises.

Phase 1 Residential :

This is a 1.24-hectare residential development, with a gross floor area of 74,350 square metres, consisting of :
  •  A 38-storey tower (526 serviced apartments) with typical floor area of 650, 850, 1,250 square feet.
  • A seven-storey podium to contain 61 shop/commercial retail lots and rooftop communal facilities (inclusive of ground to rooftop)
  • sky and roof gardens
  • sun-shading fins and air wells

Details of building specification include:
     •  reinforced-concrete foundation and framework
     •  concrete flat slab roof
     •  brick and concrete block walls
     •  glass wall panels
     •  aluminium facade panels
     •  aluminium panel windows and louvers
     •  sliding and swing glass doors with floor spring
     •  decorative timber flush doors
     •  natural stone and ceramic tile flooring
     •  reconstituted timber flooring
As extracted from the website the Residential components are as follows : -

Parcel 1:

Upcoming launch : Pantai Sentral Hillpark
Influenced by nature’s natural settings, the first residential parcel, the modern structure of Chrisalis welcomes you home and brings you closer to Mother Nature. Let the enchanted topiary garden allure you into magical moments of fun-filled canopy tree house, cascading flower garden, giant tree with cocoon tree house, totem plaza, open lawn with maze stepping pads and much more.
The first parcel consists of 211 residences with home sizes from 1,147 – 1,943 sf. The linear forest walk between the residential and forest enables you to take a breeze stroll into Mother Nature.

Parcel 2:

The second parcel of the residential development comprises of 243 units of condominiums. The landscape of Rain Forest in Parcel 2 characterizes the four main layers of emergent, canopy, understory and forest floor. By having the concept of the forest through the layering of the forest plants, this parcel explores the plant diversities and instils the importance of a rain forest in our life.

Parcel 3:

This development consists of 235 condominium units, adjacent to Parcel 2. The landscape of this development boasts about the forestry greenery concept. It portrays different types of evergreen plants in a residential urban context. The predominant use of green for soft and hard landscape conveys vigor and beauty of nature.

Parcel 4:

Home to 421 condominium residents, this development parcel landscape depicts the beauty of dwelling in the splendid sound of nature; lulled to rest by the rhythm such as the gentle rustling leaves, flowing waters and chirping birds.
The landscape represents the setting of fragrant gardens, playing with different texture of planting materials. Each of the open and private gardens brings its own unique experience.

Parcel 5:

Located at the foothill, this development comprise of 389 condominium units. It offers splendid view lines towards the forest.
The landscape design emphasizes on the integration to the forest capturing the beauty of the verdant hill, vast open space on ground level and the orientation of the buildings that merges well with the pedestrian and community friendly enclave.
A picturesque landscape view that invites one to contemplate the unfolding beauty of nature…

Parcel 6:

The development encompasses 210 condominium units with its landscape character inclines towards serenity. Spread with pocket gardens, the landscape allures one to break away from the world and be inspired with wisdom and strength. The wavy and undulating yet strong forms on the pavement and hard landscape features a new found freedom to rise above the mundane.

Monday, 2 December 2013

Budget Malaysia 2014 and Real Estate / Property

In order to control excessive speculative activities in Malaysia Real Estate, the Government will implement the following steps : -
Review Real Property Gains Tax (RPGT)
For Malaysian citizens, Properties disposed within the holding period of
Up to 3 years : 30% on the gains
Up to 4 years : 20% on the gains
Up to 5 years : 15% on the gains
Up to sixth and subsequent years, no RPGT is imposed on citizens, whereas companies are taxed at 5%.
For non-citizens, properties disposed within the holding period of
Up to 5 years : 30% on the gains
6th  and subsequent years : 5% on the gains.
Review of minimum price of property that can be purchased by foreigners
Increase the minimum price of property that can be purchased by foreigners from RM500,000 to RM1,000,000
Increase transparency in property sales price
Property developers will have to display detailed sales price including all benefits and incentives offered to buyers such as exemption of legal fees, stamp duty, sales agreements, cash rebates and free gifts
Abolish Developer Interest Bearing Scheme (DIBS) and related
Prohibit developers from implementing projects that have features of Developer Interest Bearing Scheme (DIBS), to prevent developers from incorporating interest rates on loans in house prices during the construction period. Therefore, financial institutions are prohibited from providing final funding for projects involved in the DIBS scheme.
Increase home ownership at affordable prices
An estimated 223,000 units of new houses will be built by the Government and the private sector in 2014. The Government will allocate RM578mil to the National Housing Department (JPN) for the implementation of Program Perumahan Rakyat for 16,473 housing units. In addition, JPN will construct 600 units for Program Perumahan Rakyat Disewa and Perumahan Rakyat Bersepadu with an allocation of RM146mil.
PR1MA will provide 80,000 housing units
PR1MA will provide 80,000 housing units with an allocation of RM1bil. The sales price of PR1MA houses are 20% lower than market prices. Meanwhile, SPNB will build 26,122 units of affordable houses, comprising 15,122 units of affordable houses, 3,000 units Rumah Idaman Rakyat and 8,000 units of Rumah Mesra Rakyat. The Government will introduce a new category of Rumah Mesra Rakyat, with sales price between RM45,000 and RM65,000 for which the Government will provide a subsidy between RM15,000 to RM20,000 per unit.
Private Affordable Ownership Housing Scheme (MyHome)
The Government will also introduce the Private Affordable Ownership Housing Scheme (MyHome) as a step to encourage the private sector to build more low and medium-cost houses. The scheme provides a subsidy of RM30,000 to the private developers for each unit built. Among the criteria for the scheme are:
Developers are to build at least 20% low-cost houses (800sf) at 45k and 20% medium-cost houses (1000sf, 3-bed 2 bath) at 170k in a housing project
Provide parking, surau, hall and recreational park
First-time home buyers
Open to first-time buyers with a monthly household income of RM3,000 for low-cost houses and a maximum of RM6,000 for medium-cost houses.
Low and medium-cost houses
Preference will be given to developers who build low and medium-cost houses in areas with high demand and limited to 10,000 units in 2014. The scheme is for housing projects approved effective from 1 January 2014 with an allocation of RM300mil under the supervision of Ministry of Urban Wellbeing, Housing and Local Government.
PR1MA housing projects
PR1MA housing projects, housing in newly opened areas and 1Malaysia Civil Servants’ Housing Programme are eligible to apply for grants at 10% of the project cost, from the Facilitation Fund. For 2014, the Government will provide a total of RM4bil to the Facilitation Fund as an initiative to promote private, high-strategic impact projects.
RM1bil is allocated to the Housing Facilitation Fund under Public Private Partnership Unit (UKAS). Developers who receive this grant must abide by the terms and conditions as well as the sales prices which are set by the Government.
Refurbishment program for low-cost housing
The Government will also carry out a refurbishment program and improve comfort and beautify government-owned low-cost housing. Among the measures to be implemented include lift maintenance, repainting the house, cleaning up drains and landfill space and repair playgrounds.
A sum of RM100mil will be provided to 1Malaysia Maintenance Fund under the Ministry of Urban Well-being, Housing and Local Government. The Government will also allocate RM82mil to rehabilitate 20 abandoned housing projects involving 8,197 houses.
The establishment of the National Housing Council
The Government will implement a more effective and comprehensive approach with the establishment of the National Housing Council to develop strategies and action plans in a holistic manner; coordinate legal aspects and property price mechanism; and ensure provision of homes in a more efficient and expeditious manner. The Council members will comprise Federal Agencies, State Governments, the National Housing Department, PR1MA, SPNB and the private sector.

Upcoming launch : TWY Mont Kiara Condo

Upcoming launch : TWY Mont Kiara Condo
An upcoming project by Symphony Life or Bolton known as TWY Mont Kiara condo located at the heart of Mont Kiara.
Upcoming launch : TWY Mont Kiara Condo

Summary of Project :
2 Blocks of 51-storey serviced apartment consisting of 484 units with7-storey podium and 3 basement car park.
Built-up area :
Padulous 660sf; Double B 820sf; Glamouratti 1,370sf onwards; Penthouse from 2,290sf onwards.
Indicative Selling Price : from 800 – 1000 psf
Further details will be available then….

Thursday, 21 November 2013

New launch : SqWhere by Selangor Dredging Bhd

SqWhere is a mixed development located on a 4.8-acre leasehold land with an estimated GDV of RM500mil. The planned development includes 1 block of SOVO (small office versatile offices), retail and 1 block of serviced apartments. SOVO was launched in October 2013 whilst serviced apartments is planned for launching in mid 2014. Retail lots are all taken. SDB will retain one retail bock “The Cube”.

New launch : SqWhere by Selangor Dredging Bhd
SqWhere is located next to Kg Baru Sg Buloh MRT Station, next to D’sara Sentral by Mah Sing. The MRT, approximately 100 metres away, walking distance from SqWhere, will be in operation in early 2017. There is covered walkway built and shared by these two property developers and MRT Corp
Project details :
Sizes : 549 (153 units), 678 (31 units), 764 (87 units) and 1044sq (31 units)
Total units : 302 units
Car park : 1 car park to each unit
Selling Price : RM800psf (8% discount) 
Others discount : Standard SPA and loan agreement fees absorbed by developer and all units come with free kitchen cabinet, hood and hob, Fridge and air-con points.
Notes : Service Apartments to be launched mid 2014 with sizes are over 1,000sq (smallest) to 2,400sq (biggest).
Booking fee : 10k on first come 1st servce basis

Wednesday, 23 October 2013

Upcoming launch : Nadi bangsar by Hap Seng Land

Upcoming launch : Nadi bangsar by Hap Seng Land
Nadi Bangsar is a block of 38-storey service residence tower with 416 exclusive units Standard floor. There are 15 units per floor from Level 10 to 37,  14 units per floor from Level 17 & 19, 13 units per floor on Level 18. This residential block will be served by 5 passenger lifts and 1 service lift.
Upcoming launch : Nadi bangsar by Hap Seng Land

Project details :

Built-up area :
Studio : 441sf  (1+1 STUDY) 689sf

C :  980sf (2B)

D : 1,098sf (2B)

E : 1,076sf (2B)

E1 :  1,130 (2B)
Upcoming launch : Nadi bangsar by Hap Seng Land

Indicative selling price : 1,000psf

Upcoming launch : Nadi bangsar by Hap Seng Land

 Further details will be furnished later.

Upcoming launch : 28 Dutamas, Mont Kiara by BT Homestead

Upcoming launch : 28 Dutamas, Mont Kiara by BT Homestead
28 Dutamas Mont Kiara is located opposite Solaris Mont Kiara, next to recently completed Seni Mont Kiara. 28 Dutamas Mont Kiara is a low density project, consisting of 2 blocks of condominium with a total of 250 units only.

Upcoming launch : 28 Dutamas, Mont Kiara by BT Homestead
Project details :
Tenure : Freehold
Units per level : 8 units
Built-up area :
Type A (25%) - 1253 sqft (3-Bedroom)
Type B (25%) - 1467 sqft (3 + 1 Bedroom)
Type C (50%) - 1719 sqft (3 + 1 Bedroom)
Indicative selling price : 600psf
Promotional package : 10%  discount, developer is offering DIBs
Upcoming launch : 28 Dutamas, Mont Kiara by BT Homestead
Details will be provided at the later stage...

Monday, 21 October 2013

New launch : VIVO Residences (9 seputeh) by Gapurna Land Sdn Bhd

VIVO Residences (9 seputeh) by Gapurna Land Sdn Bhd
9 Seputeh by Gapurna Land Sdn. Bhd. Consists of commercial, retail and 4 towers of 42 & 44- storey serviced residences. It is strategically located at Old Klang Road, Kuala Lumpur.

Project summary

VIVO Residences (9 seputeh) by Gapurna Land Sdn Bhd
Location : Old Klang Road, Kuala Lumpur
Tenure : Leasehold
Remarks : This project is directly linked to the new monorail and NPE. The neighborhoods in the vicinity include MidValley, The Gardens, KL Sentral and Bangsar.
Website :

Whole Mixed Development:-

Launching Now :
Parcel C (THE VIVO)

VIVO Residences (9 seputeh) by Gapurna Land Sdn Bhd

4 blocks of 42 & 44 Storeys Serviced Residences
Total units : 824 units
Towers C & D (now launching)
Built-up area : 775 - 2,593 sq. ft.
Selling Price : RM750psf
Sales Status : 60% sold

VIVO Residences (9 seputeh) by Gapurna Land Sdn Bhd
They are offering 5% discount, DIBs with partially furnished with kitchen cabinet, air-cons, refrigerator, oven and water heater. 1 car park provided to unit with 1000sf and below and 2 car parks for the units with 1000sf and above. Every purchasers is entitled for free legal fee on SPA with a booking fee of RM10,000.
Towers A & B (future)
Future launches :
Parcel A
1 block of 41-storey serviced apartments
Total units : 240

Parcel B

3 blocks of  33-storey to 38-storey serviced apartments
Total units : 734

1 Block of 12 Storey SoHo unit
Built-up : 500 – 850 sf

46 units of 2 & 3 Storey Shops/Retails

Parcel D

1 block of 36 storey Institution

Thursday, 17 October 2013

New launch : The Paradigm Residences 1 by WCT

Paradigm Residences 1 – Tower A

Paradigm Residences is a well-planned integrated development, consisting of 4-star business hotel, Grade A offices and serviced residences.

Tower A with a lower half is for residential purposes whilst the upper half is a hotel tower. There will be two swimming pools, middle of the tower is for the residential, and at the top of the tower is for hotel. This Tower A will also be linked to a banquet hall & multiplex car park via a link bridge.

Summary of project details :
Location : At the back of Paradigm Mall, Kelana Jaya
Built-up area : 756sf (1+1-bed) to 1815 sf (3+1-bed)

Selling Price : Average of 1000psf

Promotion package : No DIBS, 2 car parks each unit, all units come with split unit air-con

Total units : 189 units (up to 17th floor and the levels above are hotel)
Service charge & Sinking fund : RM0.55psf

Tenure : Leasehold

Monday, 7 October 2013

Upcoming launch Sunway GEO Residences on 19 October 2013

Upcoming launch Sunway GEO Residences
Sunway GEO is a mixed development project. The condominium is known as Sunway GEO Residences.  Sunway Geo Residences comprises 2 block of 30-storey condominium consisting of a total of 472 units.   Summary details of this project : 
Tenure : leasehold 99 years
Total Unit : 472 condos
Built-up area : 829sf (2-room), 947sf (2+1-room), 958sf (2+1-room), 1109sf (3-room) & 1388sf (4-room)
Average Selling Price : 950psf Webpage :
Discount : They are giving attractive package where discount of 10% plus DIBS and 3% for repeat buyers and 7% for bumi-putera. All units come with 2 car parks.
Review :

Location : 
Upcoming launch Sunway GEO Residences

Strategically located in the heart of South Quay, Bandar Sunway, next to Sunway Geo Shopoffices. Sunway GEO Residences is with world- class conveniences a stone’s throw away from home. Where everything you need is just a walk away. This is connected to BRT station, retail outlet and Sunway Resort City.
Upcoming launch Sunway GEO Residences

Wednesday, 2 October 2013

New Launch The Robertson, Jalan Pudu by Gamuda Land

New Launch The Robertson, Jalan Pudu by Gamuda Land
The Robertson is a mixed development of 2.5-storey shops, a 10-storey commercial complex and 2 blocks of 41-storey SOHOs and 45-storey serviced apartments. The Robertson is located at Jalan Pudu-Bukit Bintang, next to abandone Plaza Rakyat & Pudu Sentral. This is a happening KL city area, within walking distance from Bukit Bintang shopping area. It is very near to LRT known as Plaza Rakyat Station. This project sits on a commercial land and planned for SOHOs / Serviced apartments.
New Launch The Robertson, Jalan Pudu by Gamuda Land
Summary of project : -
Land size : 2.94 acres
Tenure : Freehold
Total units : 900
Built-up area : 538sf, 646sf, 657sf, 689sf and 807sf
Average selling price : RM1300psf
Notes : This will be sold as fully furnished units.

New Launch The Robertson, Jalan Pudu by Gamuda Land
New Launch The Robertson, Jalan Pudu by Gamuda Land


Gamuda acquired this land at 820psf in 2010.

Tuesday, 1 October 2013

New Launch : D'sara Sentral @ Sungai Buloh by Mah Sing

New Launch : D'sara Sentral @ Sungai Buloh by Mah Sing
D’sara Sentral is planned for mixed development with low-rise blocks plus podium of retail shops and offices, two towers of SoVos (small office, versatile offices) and three towers of service apartments. Gross development value is estimated at RM900mil.

New Launch : D'sara Sentral @ Sungai Buloh by Mah Sing
The first phase was launched few weeks back consists of 28 units of 2-storey and 3-storey retail shop-offices and one tower of SoVos (smart office versatile offices). This was launched last month and scheduled to be completed by 2017.

Project details : -
Total land size : 6.55 acres
A) 2-storey & 3-storey shop-offices
Built-up area : 3,000 sq ft
Price : From RM3.8mil
Tenure : Leasehold

New Launch : D'sara Sentral @ Sungai Buloh by Mah Sing
Built-up area : 510sf - 550 studio, 750sf – 780sf one-bedroom and 950sf – 980sf two-bedroom apartments
Selling Price : Average at RM700 per sf
Tenure : Leasehold

Later phases will comprise 1 block of SoVo tower, and three 26-storey serviced apartments towers. The design of SOVO will be similar to the 1st block whilst the serviced apartments will be planned for 2-bedroom, 2+1-bedroom and 3-bedroom types.

Review :
Location :
D’Sara Sentral is located diagonally across the forthcoming MRT station, 150 metres away. Phase one of the MRT Sungai Buloh-Kajang Line is slated for completion by end of 2016. The MRT line that links Sungai Buloh, Kajang connecting Damansara, the central business district of Kuala Lumpur and Cheras presents a population catchment of 1.2 million with estimated daily ridership of 442,000.
New Launch : D'sara Sentral @ Sungai Buloh by Mah Sing

Also within the vicinity is the existing KTM Sungai Buloh station that connects the Rawang - Seremban line. Among other access routes include the North Klang Valley Expressway (NKVE), Lebuhraya Damansara Puchong (LDP) Guthrie Corridor and North South Highway.  Shopping hotspots within a few minutes’ drive from the development include Econsave Sungai Buloh, The Curve, Giant and Tesco hypermarkets at Mutiara Damansara, The Strand commercial business centre, Sunway Giza Mall and 1Utama in Bandar Utama. Healthcare facilities within a short drive include Putra Medical Centre and the Sungai Buloh Hospital.

Design : D’sara Sentral comprises contemporary layout designs that offer style, distinction and comfortable living spaces within city limits.