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Voted No.1 Property Magazine 2010/11/12/13 by A+M Magazine E&O’s Properties to make impact in the heart of three hot states Perak: Placing It On The Property Map Viewpoint: The Belt Tightens MCI (P) 139/08/2013 KDN PP 13368/04/2013(032224) ISSN 1823-8726 9 771823 872006 01 Issue 107 | Jan 2014 | RM8.00, S$8.00 Verge32+Klover18-iProperty Mag Ad_002-FA output.pdf 11/10/13 6:53:46 PM C M Y CM MY CY CMY K Verge32+Klover18-iProperty Mag Ad_002-FA output.pdf 11/10/13 6:53:46 PM C M Y CM MY CY CMY K CEO’S FOREWORD EDITOR | ROSHAN KAUR SANDHU WRITER | ONG XIN YING DESIGNERS JASON KWONG | WING WONG DEVELOPER SALES MANAGER HOW YONG KIEN SOON CAMPAIGN SPECIALIST SITI SARAH ABU SAMAD MAGAZINE COORDINATOR NURULHIDAYAH ABD RAHMAN A TOAST TO NEW BEGINNINGS AGENT ADVERTISING AND OPPORTUNITIES AGENT SALES MANAGER LEON KONG Happy New Year and warmest greetings at the start of AGENCY LIAISON MANAGER another year! ERNEST BERNARD TOWLE Hope the holidays have left you refreshed and MARKETING rejuvenated to take on the challenges of a whole new CONSUMER MARKETING MANAGER year. LYDIA CHEW CUSTOMER MARKETING MANAGER For us at the iProperty Group, we are thrilled to usher in ANGELA SARGUNAN the New Year. It provides us with the perfect opportunity to set new targets, achieve new milestones and set new MANAGEMENT benchmarks! But in order for these goals to be achieved, it is crucial that our focus towards delivering the best CHIEF EXECUTIVE OFFICER to our consumers, customers and partners remain the SHAUN DI GREGORIO forefront in all we do. CHIEF FINANCIAL OFFICER ROBERT GOSS To all who have set goals for the year, I hope that you CHIEF MARKETING OFFICER meet all the challenges that may come your way with BECKY LENG tenacity and enthusiasm. It is vital to remember that GENERAL MANAGER, BUSINESS OPERATIONS anything is possible if we work hard towards achieving LOH-LIM SHEN YI them. Even through the most daunting adversity, we can victoriously triumph. iProperty.com Malaysia Sdn Bhd (600850-K) This month is also a time to celebrate Chinese New Year 45-6 The Boulevard, Mid Valley City Lingkaran Syed Putra, and this year, according to the Chinese calendar, marks 59200 Kuala Lumpur, Malaysia. the year of the Horse. I have been told that the Horse Phone: (603) 2264 6888 | Fax: (603) 2264 6900 Sales enquiries: [email protected] is one of the favorite animals in the Chinese zodiac. My Editorial matters: [email protected] research revealed that it’s a favourite because the horse General enquiries: [email protected] is not just a symbol of traveling, but also a sign of speedy Subscription: [email protected] success. iProperty.com Magazine is published monthly by iProperty.com Malaysia Sdn Bhd So to all celebrating, Gong Xi Fa Cai! May 2014 be a 45-6 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200, Kuala Lumpur, Malaysia. galloping year of success for us all! DISCLAIMER Although every reasonable care has been taken to ensure the accuracy of the information contained in this publication, neither the publisher, editor nor their Very best wishes, employees and agents can be held liable for any errors, inaccuracies and/or omissions, howsoever. We shall not be responsible for any loss or damage, whether direct or indirect, incidental or consequential arising from or in connection with the contents of this publication and shall not accept any liability in relation thereto. The views by our contributors expressed here are their personal opinions and do not necessarily reflect iProperty.com’s views. Unless otherwise noted, all artwork and ad designs printed in iProperty.com Magazine are the sole property of iProperty.com Malaysia Sdn Bhd, and may not be reproduced or transmitted in any form, in whole or in part, without the prior written consent of the publisher. PRINTER Percetakan Osacar Sdn Bhd Lot 37659, No. 11, Jalan 4/37A Taman Bukit Maluri Industrial Area Kepong, Shaun Di Gregorio 52100 Kuala Lumpur Malaysia. Chief Executive Officer DISTRIBUTOR The iProperty Group MPH Distributors Sdn Bhd CONTENTS 4 ..................................................................CEO’s Foreword 10 ....................................................................................... News View Point 16 ...............................................................The belt tightens 10 16 COVER STORY E & O Penang 22 Property Development E & O Properties to make impact in the heart of three hot states 22 FEATURED PROPERTY 28 ............................. The Centrina Service Apartment A perfect harmony of style, quality and amenities 32 .........................................................................28 Dutamas Joys of community living at 28 Dutamas Talk Point 36 ............................................... Faithview Development 32 Running on more than just faith 38 ............................................................Reflection of 2013 Home Design 40 .....................................................................................KARE Bringing Colourful Changes to Malaysian Homes 44 ...............................................Finding the perfect loan 40 Talk Point 46 .....................................................................REHDA Perak Perak: Navigating the Budget Maze 48 ......................................................... Coffee Table Book: Discover Iskandar Malaysia 48 6 | CONTENTS SPECIAL FOCUS 50 Perak: Beaming with potential 52 .....................................Perak: Regaining Momentum 50 Talk Point 54 ................................................................Kinta Properties Planting seeds for a greener lifestyle 56 ...............................................Casa Bintang Residence New Landmark in Ipoh 60..............................................................Parkview Central 60 66 The winds of change of Perak 64 .............................................................Hua Yang Berhad Hua Yang Berhad’s industrious behaviour 66 ..............................................................................TI Homes Total Investment: 20 years of excellence 68 .............................The Perennial Pleasures of Perak Talk Point 78 72 ...................................................................... MIEA PERAK Signing on its strengths HOME DESIGN 74 ...................................................... Nu Infinity & Beyond 78 ........................................................................Carre’ D’ Art CONTRIBUTORS 84 ............................... Oregeon Property Consultancy A look at Wangsa Maju 90 88 .............. The National House Buyers Association 96 .....................................................................................Chan Ai Cheng Malaysia: The property outlook for 2014 More affordable homes in 2014 90..................................................................Dato’ Joey Yap 104 .........................................................................Agencies’ Directory Flying stars Feng Shui for 2014 105 ............................................................................................ Classifieds 94 .............................................................................AceScube Building your property’s bargaining power 120 ........................................................................................Subscription 8 | BANGSAR TRADE CENTRE : AN ADDRESS THAT SAYS IT ALL An artist’s impression of BTC Twin Pavilion Development Chief Executive Ocer Lee Seng Khoon with a model of BTC Twin Pavilion Development Sdn Bhd’s Bangsar Trade Centre is slated to be a world class office and wholesales complex located in the heart of Klang Valley’s most trendy and affluent suburb. It also sits along the Federal Highway which links Port Klang to Kuala Lumpur. BTC’s location in Jalan Pantai Baru offers immediate access to a full range of Klang Valley’s business activity. Sandwiched betw eenUniversiti Malaya and Mid Valley Megamall, BTC is well-served by a host of transport network including the LRT. It has been conceptualised as an integrated mixed development and purpose-built business facility. When completed, it will host a conceptual food & beverage wholesales mall, a 23 –floor corporate office tower designed to attract blue-chip conglomerates and well established multinationals as well as a 378- room hotel with room sizes ranging from 441 sq ft to 1,055 sq ft to be managed in association with Best Western International Hotel, the world largest hotel chain. Additional, the hotel will also feature an impressive choice of bars and restaurants, multi-functional meeting rooms and ample underground parking garage space complete with a convenient transport link to and from major gateways in and out of the city. The Bangsar Trade Centre (BTC) Wholesale Centre is an innovative concept intended to serve businesses operating in the F&B industry. Upon completion, the BTC Wholesale Centre will have more than 400 lots and a total gross built-up area of approximately 435,000 sq ft spread over five floors of wholesale podium. For more information, please contract Shanice Yap (019-219 8986) or Lewin Lim (019-228 7986) Alternative, please visit www.bangsartradecentre.com and www.btcwholesalecentre.com An artist’s impression of BTC PRIME INVESTMENT IN BANGSAR, KL Strata Retail lots from RM 332,700, Versatile Suites ( SOVO*) from RM 652,050 + Secured Tenancy For 3 Years + Guaranteed Rental 6.5% p.a. + FREEHOLD + High Capital Appreciation + UP to 99% Loan (even after 3rd Property) + In -Built LRT Station + ZERO Maintenance + 10,000 Daily Working