Friday, 29 March 2013

Upcoming launch : Shamelin Star at Taman Shamelin Perkasa, KL

The upcoming launch Shamelin Star....

Shamelin Star is a mixed development project, consisting of 2 blocks of 27-storey soho residences with retail on the ground floor. This is a 3.08-acre mixed development located at Taman Shamelin Perkasa. Landmark Zone and the landlord Koperasi Shamelin Berhad (KSB) are the JV partner in this development.
Total Unit : 630 units
 Shamelin Star


Summary details of this project : 
Land area : 3.08 acres
Tenure : leasehold 99 years
Indicative Selling Price : RM500 psf with discount
Webpage : not available at the moment

Review : 
Location : Strategically located in the heart of KL city centre, easily connect to every part of Kuala Lumpur and Selangor.
Design : Modern condo design with variety of built-up area and car park is provided.  
Price : indicative pricing sound reasonable at this locality.

Thursday, 28 March 2013

New launch : The Mews at KL city centre by E&O

The mews at KL city centre is recently launched in Hong Kong and receiving an overwhelming response. The mews consist of 2 blocks of 38-storey serviced apartments on a 1.29-acre land located at Jalan yap Kwan Seng, in KL city centre.
New launch : The Mews at KL city centre by E&O
Summary details of this project : 
Land area : 1.29 acres
Tenure : freehold
Total Unit : 256 units
Sizes and car park provided :
922sf (1bed) & 1 car park
1251sf (2-bed) & 2 car parks
1459sf (2+1 bed) & 2 car parks
2058sf (3 bed) & 3 car parks
2417 & 2623sf (penthouse) & 4 car parks
Service charges : 0.55 (inclusive sinking fund)
Indicative Selling Price : RM1500 psf with rebates

New launch : The Mews at KL city centre by E&O
Review : 
Location : Strategically located in the heart of KL city centre, this is ideal location for investment. Short walking distance to all offices, shopping malls and tourist attractions as well as facility areas, and excellent connection to public transport links.
Design : Modern condo design with variety of built-up area. Units are fully furnished with electric oven, microwave oven, hob & hood, refrigerator, washing machine, dryer and waste disposal. Air conditionings are provided to living, dining and all rooms except utility. In addition, walk-in wardrobe for master bedroom and full length shoe storage are given too.   
Price : comparable to selling price in KL city centre.

Tuesday, 26 March 2013

Upcoming launch : Canova 7 at Kelana Jaya by Sima

Canova 1 comprise 1 block of 40-storey condominium located in Kelana Jaya. There are 9 units per level with full condo facilities.
Summary details of this project : 
Land area : 4 acres
Tenure : leasehold

--> Total Unit : 340 units
Sizes : 1,500 sq. ft. – 1,900 sq. ft.
Indicative Selling Price : RM700 psf
Webpage : Only developer webpage available

Review : 
Location : Strategically located in the heart of Kelana Jaya. And easily accessible to highway.
Design : Modern condo design with variety of built-up area
Price : to be commented later
My note : With the reasonable pricing, this will be a worth-buying project

See Hoy Chan is building office block at First Avenue, Bandar Utama

PETALING JAYA: See Hoy Chan Holdings Group is now awaiting approvals for the second phase of The Effingham Place and Tower 5 of its 1 First Avenue office blocks in Bandar Utama township, Petaling Jaya, according to its director, Datuk Teo Chiang Kok.
For the office block, Teo said the construction of the new building had to be timed correctly with the completion of the My Rapid Transit station, as the Bandar Utama sub-station would be integrated with Tower 5 of the office block.
Offices aside, See Hoy Chan will be constructing a four-star hotel to complement its exisiting five-star hotel, The One World Hotel. See Hoy Chan operates on a build-then-sell model to develop all of its properties.
On the residential front, via a balloting process, See Hoy Chan launched the first phase of its zero lot bungalows, The Effingham Place on Jan 19, where nearly all 90 units were taken up. So far, 75 units have been sold, and 11 units have been reserved.
(extracted from Star)

Monday, 11 March 2013

KLCC Property to form stapled REIT

KLCC Property to form stapled REIT

SC gives nod to KLCC Property to form stapled REIT (, 8th March 2013)

KLCC Property to form stapled REIT
Menara ExxonMobil
Menara Petronas 3

KLCC Property Holdings Bhd’s (KLCCP) proposal to form a stapled real estate investment trust (REIT) has been given the green light by Securities Commission Malaysia (the SC), subject to several conditions.

It has been reported that KLCCP plans to list the REIT in April, which will turn it into Malaysia’s largest REIT in terms of asset size. KLCC REIT will come with three assets injected into it, namely Petronas Twin Towers, Menara 3 Petronas and Menara ExxonMobil. With an asset size of RM15.4 billion, it will be almost three times larger than the size of Sunway REIT Bhd.

CapitaMalls signs deal with CapitaLand Retail Malaysia Sdn Bhd (CRM) for East Coast Mall in Kuantan

CapitaMalls signs deal with CapitaLand Retail Malaysia Sdn Bhd (CRM) for East Coast Mall in Kuantan

Capitamalls Malaysia Trust has entered into a project management agreement with CapitaLand Retail Malaysia Sdn Bhd (CRM) for the asset enhancement initiative (AEI) works to the East Coast Mall in Kuantan.

AEI works is amounted to RM43.3 million and CRM will receive a fee of 3% of the final contract sum of the works. The related party transaction, expected to be completed by fourth-quarter 2014, this will create additional retail space and enhance the mall’s retail offering.

The AEI works will include the reconfiguration of space in order to improve the trade mix and sightlines, conversion of car park bays at Level 3 into retail space and the extension of the alfresco area on the ground floor.  

Friday, 8 March 2013

New Launch : Tropicana Gardens Phase 2 – Bayberry Serviced Residence by Dijaya

Tropicana Gardens Phase 2 – Bayberry Serviced Residence is located at Persiaran Surian, Kota Damansara. Tropicana Gardens offers a diverse component of high-rise serviced residence, shop offices, small-office-home-office (SOHO), a 5-level hybrid mall and 12-storey hotel, as well as a cinema. There are also nine blocks of 5-storey semi-detached shop offices, four units of 5-storey office buildings and a 7-storey SOHO tower, weaved together amid lush landscapes in the whole development.

The developer has recently launched the phase one in October 2012 and the upcoming Tropicana Gardens Phase 2 is launched on 8 March 2013. Tropicana Gardens Phase 2 is a 45-storey serviced apartments.

Summary details of this project : 
Total Entire Project Site : 14.64 acres
Tenure: Leasehold (expiring in 2106)
Upcoming launch : Tropicana Gardens Phase 2 by Dijaya

Architect: GDP Architects
Total units : 413
Sizes :

  • Studio: 600sf +/-
  • 2-Bedroom: 1000 sf +/-
  • 3-Bedroom: 1,300 sf +/-
  • 3+1 Bedroom: 1,600 sf +/-
Website :

Review :
Location : Tropicana Gardens is easily accessible via major highways include the New Klang Valley Expressway (NKVE), the Lebuhraya Damansara-Puchong (LDP), the Sprint Highway and the Penchala Link.
Upcoming launch : Tropicana Gardens Phase 2 by Dijaya
Design : The facade is similar to Tropicana Gardens Phase 1 Arnica. The sizes are mostly small sizes units.
Price : The pricings at 1100psf for small units. They have successfully sold out everything in phase 1 at average of RM 800psf.

--> My Notes : 
Location is good with established location of Kota Damansara, broad catchment area with mainly 30’s age group.  An elevated Mass Rapid Transit (MRT) station is incorporated with direct linkage to the integrated development for maximum convenience. Choosing a unit for either for own stay or investment will be a good choice.   .   

New launch : Nova Saujana by Malton Group

New launch Nova Saujana was set on 1 March 2013. Located at Ara Damansara, Nova Saujana consist of 15-storey of serviced apartments. It is located near to Amaya Saujana. 
New launch : Nova Saujana by Malton Group

Summary details of this project : 
New launch : Nova Saujana by Malton Group
Total Unit : 193 units serviced apartments
Built-up area : 850sf, 900sf, 1300sf and 1400sf
--> Average Selling Price : 650psf
Webpage :
Sales status : 70%

Review :
Location : This development is located in Ara Damansara, an upcoming locality and easily accessible to all major highways.
New launch : Nova Saujana by Malton Group
esign : Good unit sizes for small family.
Price : Reasonable pricing in the locality of Ara Damansara

Extrated from Star : Desa ParkCity’s Arcadia is set to be a big shopping attraction in west KL

Extracted from The Star: 
Saturday March 9, 2013

Desa ParkCity’s Arcadia is set to be a big shopping attraction in west KL 

WHEN The Waterfront was conceived in Desa ParkCity's masterplan for its TownCentre about a decade ago, the idea behind the neighbourhood shopping mall was just to serve the residents' every day needs by way of a supermarket, several retail shops and banking outlets.
The modest centre, however, ended up drawing in crowds from distant locations such as Subang and Cheras instead of just neighbouring communities.
“We were surprised that the 150,000 sq ft platform could draw crowds from such a wide radius,” Perdana ParkCity group CEO Lee Liam Chyetells StarBizWeek. “That told us that we were doing something right and compelled us to keep developing the commercial area.”
“Timing was just right because you can't develop a hub like that ahead of its time. It wouldn't work out,” Lee says.
A modernistic town centre
Following the successful sales of The Breezeway, ParkCity has finalised plans for Arcadia, an 11.3-acre freehold compound of four-storey buildings comprising retail shops, offices and Soho (small office/home office) units that will be set within Desa ParkCity's TownCentre.
Artist impressions of Arcadia depict the eight-block complex much like a shopping courtyard of Western influence.
Lee and his team had reviewed traditional architecture and felt that it was necessary to design Arcadia based on local roots.
“What we have here are old British-style shophouses with a contemporary twist,” Lee says.
They took two years to design the project, and had pored over classic buildings overseas such as those in Munich, London and Paris, and consulted with foreign developers for inspiration.
“We scrutinised architecture in Singapore as they are known for preserving local heritage buildings,” he added.
“Lifewise, we want the same but with a fresh typology for the next generation.”
The ground and first floors, which include a mezzanine, will be used as retail, while the second floor will serve as office space and the third, two Soho units.
Average pricing for ground floor retail shops and offices is RM1,400 per sq ft, RM970 per sq ft for the first floor and RM715 per sq ft for the second.
Sohos are 700-1,000 sq ft, averaging RM750 per sq ft.
There will be 107 buildings with a total of 519 units of retail shops, offices and SOHOs for sale, with priority and a discount of 6% for buyers of whole buildings.
Arcadia's initial rows of shops, known as Gateway, encircle a centrepoint known as The Plaza, which will serve as a staging area for entertainment.
Patrons will notice the happenings at this hotspot as they walk past The Plaza to reach the other blocks on the retail walkway.
Lee's plans are to engage bands and other performers to keep patrons entertained.
“We will keep this up and people will love it. It will also be a great platform for budding musicians to showcase themselves,” he says.
The gross development value for Arcadia is approximately RM1bil, and RM4bil for the Towncentre in total.
Changing needs
Observing residential areas in the Klang Valley, Lee notes the increasing demand for a safe and green environment.
“People want open-air community environments where they can move around easily. This applies to hang-out places as it does residential areas. These elements are important everywhere but I liken these growing demands to the growing affluent population,” Lee says.
Townships like neighbouring Bandar Menjalara worked 30 years ago but today's crowds are asking for more, he adds.
“They want open spaces in a pedestrian-friendly and safe environment,” Lee said these features are promoted throughout ParkCity's TownCentre. “This is what sets us apart,” he says.
Upon completion in 2016, the sprawling 55-acre TownCentre will comprise, besides Arcadia, a hotel, an international school and a private hospital connected to a medical wellness complex. The entire Desa Parkcity is slightly less than 500 acres.
Pedestrian and cycling tracks for the entire vicinity will be built.
In the last two years, the 300-bed Sime Darvy Medical Centre and 54-classroom International School began operations.
The school, currently catering to 460 students, will be able to take in a further 540.
The medical wellness complex will entail spas as well as clinics and theatres for minor enhancement surgeries.
“Doctors and patients will not need to waste time on the road getting to different buildings for their procedures now that we are providing adjoining medical wings for their ease of facilities,” Lee says.
Parking issues solved
To alleviate the problem of insufficient parking spaces at commercial hubs, Lee has seen to the allocation of 1,920 parking bays for cars and 621 for motorcycles in two levels of basement across the centre.
This exceeds the DBKL minimal requirement of 18 bays for every building.
“Most shoppers are women, and how they feel about entering the basement carpark is important to us. Our basements will be brightly lit and closely monitored for our patrons' safety,” he says. “With this, we foresee no issues from traffic nor indiscriminate parking within our premises. We have addressed old shortcomings through this project.”
Priority sales for early registrants will be held late April or early May. Public sales will be in early June.

Thursday, 7 March 2013

Upcoming launch : Setia Ecohill Phase 1 Terrace house

Setia Ecohill will be divided into 3 precincts. Precint 1 consists of double-storey houses and apartments. Precint 2 & 3 consist of bungalow & Semi-D and superlink and a clubhouse, approximately 70% of whole township. Precint 2 & 3 will be guarded and gated development.

The first phase of terrace house (20’ x 65’) will be launched in April 2013 at 380k Further details is not available yet.

Project Detail :

Property Type: Terrace House
Standard Land Area: 20’ x 65’

Indicative Price: From RM380,000
Tenure : Freehold

Wednesday, 6 March 2013

New Launch Setia Ecohill Arroyo Garden

New Launch Setia Ecohill Arroyo Garden
Setia Ecohill Arroyo Garden is located in the north-eastern quadrant of Setia Ecohill. Arroyo Garden is an exclusive precinct with direct access to the club house. The lush yet leisurely landscape blends exotic plants and colourful wildflowers with a series of meandering and cascading brooks. The water edges offer both leisure and reflection zones through a network of walkpaths, gathering places and activity areas.
New Launch Setia Ecohill Arroyo Garden

Project Detail :
Property Type: Bungalow Lot
Standard Land Area: 60’ x 110’; 62’ x 110’; 64’ x 110’
Selling Price: RM 100 psf
Tenure : Freehold
Sales Status : 100% sold
My review :
This is 131 – 197ft above the sea level, it is 24-hour guarded & gated community and modern landscaped concept.
New Launch Setia Ecohill Arroyo Garden

Tuesday, 5 March 2013

New Launch The Chimes at Bandar Rimbayu (Kota Kemuning)

The Chimes at Bandar Rimbayu (Kota Kemuning)
Bandar Rimbayu is a 1879-acre township with the GDV of RM11bil in Kota Kemuning. This twonship features several ponds and water bodies, focusing on sustainable lifestyles and is divided into four precincts:

The Chimes at Bandar Rimbayu (Kota Kemuning)

  • Flora, a mixed residential area
  • Fauna, a mixed residential area with amenities including shops and a school
  • Bayu, a 280-acre high-end waterfront residential development by the lakeside
  • A commercial hub, which includes a canal, town square and service apartments
They have recently launched The Chimes on 2 March 2013, below is the summary of the detail : -
Total Unit : 526
Land Area :  56 acres
Land size : 22’ x 75’ ; 24’ x 75’
Built-up : 2179sf ; 2322sf
Selling Price : 600-700k

The Chimes at Bandar Rimbayu (Kota Kemuning)
Density : 9.4 units per acre (low density)

The Chimes at Bandar Rimbayu (Kota Kemuning)
Tenure : Leasehold
Promotion package : A UNIFI VIP 10 package for 12 months, free legal fees on Sales & Purchase agreement and rebate of RM8000 if S&P is signed within 14 days from launch date.

The Chimes at Bandar Rimbayu (Kota Kemuning)
Sales status :
A total of 165 units (31%) sold internally to staffs & associates whilst the balance open for sale are 100% sold for non-bumi units. The balance unsold units approximately 10% of total are all bumi units.
My review :
Location: Location is a bit further from the existing development. However, this will become a township by its own where the residents will enjoy all facilities in the township later on. However, it is access by five major highways such as KESAS, LKSA, ELITE, SKVE and proposed WCE to other part of Klang Valley
Price : The pricing is a reasonable in current market condition. The landed properties are still commanding high demand. Corner units look cheap in relative to intermediate units. The units with good aspects are taken up earlier.
Design : This is a modern contemporary design housing model. The units are all with north-south orientation, thus reducing exposure to sunlight. High ceiling is incorporated in the interior to encompass for an airier space. Besides, the staircase skylight provides natural lighting into the house.
Embracing green technology that helps keep wastage to the minimum, each en-suite bathroom is equipped with dual flushing system for the Water Closet (WC), solar heated water system to bathrooms at shower area (except utility’s toilet) and rainwater harvesting system for gardening and outdoor usage.

Upcoming launch Condos by See Hoy Chan at Ara Damansara

There are a total of 7 blocks condos in the plan for this site.
Below is the details of the project : -
Total land area : 7 acres
Total Block : 7
Total Units : 700 -  800
Built-up area : 750 – 1800sf
Indicative Price : RM650 - RM700 psf
Upcoming Launch date : Tentatively Q4 2013Tenure : Leasehold
Webpage :

Upcoming launch Condos by See Hoy Chan at Ara Damansara
My Notes : The recently launched condos are all 600psf and above, we merely can get any property below 600psf and sizes are quite small to cater for smaller household and reduce the absolute price and manage the affordability.