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WELCOME to Our New Home! MAY 2018 ISSUE 158 RM8.50/S$8 05 WELCOME 872006 to our new home! 9 771823 CEO’S FOREWORD Editor We moved into our brand new Roshan Kaur Sandhu state-of-the-art office about Senior Writers Reena Kaur Bhatt a month ago. This move isn’t Mira Soyza just about moving from one workspace to a bigger, better Editorial Coordinator Nur Alia Ahamd Tamezi one. The move enables us to embrace the new world of Senior Graphic Designers work and provide a platform Wing Wong Jason Kwong for us to innovate and bring Junior Graphic Designer the latest technologies to Rechean Soong market with clients. CEO REA Group Asia Henry Ruiz We have also changed our CEO - Singapore & Malaysia identity – iProperty Group REA Group Asia which is now REA Group Haresh Khoobchandani General Manager (Marketing) Asia and will adopt the Wong Siew Lai Group’s visual identity as our General Manager (Agent Sales) corporate brand identity to Leon Kong reflect us being part of an General Manager (Developer Sales) Sean Liew expanded global network. General Manager (Data Services) Premendran Pathmanathan While REA Group Asia will be our corporate brand, we will continue Group Regional Finance Director - REA Asia to leverage on iProperty.com.my as our consumer brand to drive the Saviour Calleja business in Malaysia. Production Manager Clement Chiang iProperty.com.my is the leading property portal in Malaysia. We continue to see an average of 8 million desktop and mobile web Head of Marketing & Content, visits over the past 6 months from September 2017 to February iProperty.com Singapore Leslie Lin 2018. In March 2018, iproperty.com.my recorded its highest ever level of visits on web and app. Change is evolutionary and will continue to take place as we iProperty.com Malaysia Sdn Bhd (600850-K) Suite 11.01, Level 11 Menara IGB innovate and bring the latest technologies to market with clients. Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Phone: (603) 2264 6888 These are certainly exciting times for all of us at REA Group Asia Fax: (603) 2264 6900 Sales enquiries: [email protected] and iProperty.com.my. Together, let us change the way Malaysia Editorial matters: [email protected] experiences property. General enquiries: [email protected] Subscription: [email protected] International Property: [email protected] iProperty.com Malaysia Sdn Bhd (Johor) Sincerely, A-2-7, Pusat Komercial Bayu Tasek Persiaran Southkey 1, Kota Southkey 80150 Johor Bahru, Johor Phone: (607) 300 0013 iProperty.com Malaysia Sdn Bhd (Penang) Bay Avenue D-25-3, Lorong Bayan Indah 2 Bayan Lepas, 11900 Penang Phone: (604) 645 9899 Fax: (604) 611 1599 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 employees and agents can be held liable for any errors, inaccuracies HARESH KHOOBCHANDANI and/or omissions, howsoever. We shall not be responsible for any loss or damage, whether direct or indirect, incidental or consequential arising from CEO, Singapore & Malaysia 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 REA Group Asia 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. 2 PB Contents 2 CEO’S FOREWORD iPROPERTYiQ.COM 28 Kuala Lumpur’s 5 best-selling residential projects 8 HAPPENINGS INDUSTRY INSIGHTS EVENTS 32 Like it or not, PropTech is the 10 Terreal Malaysia presents a night future of real estate of glam and style A’la “Shanghai Night” 36 How big data will change the face of real estate 12 iProperty.com.my welcomed friends and partners to our new 38 4 reasons you should start saving home to buy a property in 2018 14 Its official!e’ve W moved into our 40 Court of Appeal: Home buyers new home rights to be heard in an EOT situation POINTS OF INTEREST 20 What is the difference between CELEBRITY PROFILE a property agent and real estate 45 Colon cancer survivor, Choo Mei negotiator? Sze: They wouldn’t disperse the loan, I felt so discriminated CONSUMER HACKS 22 5 home makeover apps to help POINTS OF INTEREST redesign your space 48 5 unpopular towns in Klang Valley that are ideal for expats 25 5 creative ways to keep Malaysian homes cool without air con 52 Why logistics should be the next big thing in the industrial market 14 22 24 40 Contents 48 54 86 54 Landed house or high rise? It depends – I recently ‘upgraded’ RESEARCH DATA to Bangsar & I’m saving money! 73 Knight Frank – Malaysia commercial real estate investment 57 How to utilize EPF withdrawal sentiment survey 2018 money to purchase a house? INTERNATIONAL SECTION CONSUMER HACKS 80 SINGAPORE NEWS 60 5 low maintenance indoor plants for the busy beavers 84 INTERNATIONAL BRIEFS Becoming a landlord could be the 92 62 8 ways to get more Airbnb best decision you would ever make bookings and maximize your booking 86 SINGAPORE FEATURE 10 Unique HDB buildings in 66 6 must-have herbs to grow in Singapore your kitchen garden 69 7 unique local furniture stores you need to know about CONSUMER HACKS 92 Interior ideas to get more Zen in your life 94 Interior designer myths that almost had you fooled 93 HAPPENINGS Sebana Cove offers lifestyle living at your very doorstep Redefining urban design and Petroleum Complex (PIPC), which is focusing on usability was IJM’s a purpose-built economic region in core guiding principles in designing eastern Johor spearheaded by the Sebana Cove. Greenery and space Malaysian government. is prioritized for urbanites who It is a stone throw’s away from enjoy a sophisticated metropolitan tourism hotspots such as Desaru feel, complete with the perks of a Coast, allowing Sebana Cove to reap natural, green environment. It is the benefits of a large and affluent creatively conceptualized to house catchment market, translating to Actual photo taken in Sebana Cove 10 precincts, each with its own a great potential for growth and individual themes, emphasizing investment. Sebana Cove is developed the best of its geographical Meanwhile, the Fairway Golf Villas by industry giant, IJM Land, the characteristics. comprise double-storey bungalow property arm of IJM Corporation The Botany precinct is located villas, perched right next to the Berhad. Surrounded by pristine adjacent to an 8-acre nature rolling greens of the golf course. natural greenery, Sebana Cove preserved concept park of Sebana These completed homes features is a 1,200 acre township, where Cove. Suria @ The Botany is the first a wide balcony that opens to residential and commercial phase of terrace homes in Sebana panoramic golf view, offering you components are cohesively planned Cove, a booming address located and your family a relaxing lifestyle. alongside an exclusive private marina near the Pengerang Integrated and golf course. Southville City Interchange is now open The Southville City Interchange and government officials. into and from the KL-Seremban Mah Sing’s Group Managing Expressway (which forms part of the Director Tan Sri Dato’ Sri Leong North-South Expressway) is now open Hoy Kum said “Southville City’s for public use from 10 am, 11 April interchange will not only serve 2018. Southville City’s interchange is the residents of Southville City located at Exit 212A Southville City but also the 1.15 million people in along the KL-Seremban Expressway. Bangi, Kajang, Cyberjaya, Putrajaya, With the new interchange now open, Semenyih, Dengkil and Nilai. The Southville City will only be 19km to interchange will cut the distance Kuala Lumpur. of Southville City to Kuala Lumpur and 6 egress tolls) equipped with 6 The opening of the interchange to only 19km. In addition, the Touch & Go lanes, 4 Smart Tag lanes was officiated by Director General of interchange will provide a new access and 4 multiclass lanes. The 6 Touch & Malaysia Highway Authority Datuk Ir. for traffic coming from Dengkil and Go lanes come with Radio-frequency Hj. Ismail bin Md. Salleh, accompanied Putrajaya into the KL-Seremban identification (RFID) systems and by Mah Sing’s Group Managing Expressway, which will alleviate traffic all 14 tolls are RFID ready for future Director Tan Sri Dato’ Sri Leong Hoy congestion at the Bangi interchange utilization. Southville City’s toll Kum, Mah Sing’s Chief Executive exit (Exit 212).” operates on a closed toll system and Officer Datuk Ho Hon Sang as well as The Southville City interchange can only be accessed via the KL- Mah Sing’s senior management team will have a 14-lane toll (8 ingress tolls Seremban Expressway. 8 PB 1 Terreal Malaysia presents a night of glam and style A’la “Shanghai Night” More than a hundred guests experienced a night of ‘Shanghai’ glitter at the Marriott Putrajaya to commemorate a great year in 2017 and to reward top performers. Terreal Malaysia Sdn Bhd presented The key highlights of the gala dinner a sensational gala night themed included a presentation on Terreal’s “Terreal Shanghai Night” on 9 March New Special offers and an awards 2018 to appreciate the company’s ceremony for top performers. The stockists and distributors. Held at the guests were entertained with thematic Marriott Hotel in Putrajaya, the annual music and special performances that event welcomed 120 guests dressed in echoed the Shanghai night theme.
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