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Minium Villa Wangsamas LISTINGS . NEW LAUNCHES . NEWS . DATA . ANALYTICS A PULLOUT EVERY FRIDAY WITH Th eEdgeProperty.comPP 9974/08/2013 (032820) FRIDAY, APRIL 22, 2016 . ISSUE 2152/2016 ONLINE + OFFLINE Where do I get a copy of this weekly pullout? 3 COMMENTARY Half of overhang 5 NEWS housing units are JPPH aims to Go to priced at RM300,000 introduce rental data TheEdgeProperty.com and below by October this year to download for free 4 NEWS tep8 FEATURE UEM Sunrise to unveil Property market dips Melia Residences in 2015, expected to this weekend stabilise GRAPHICS: NURUL AIDA MOHD NOOR | TheEdgeProperty.com Can you get a penthouse Live the in the Klang Valley for RM1 million or less? Check out the seven penthouses in that price high life range on Pages 6 & 7. for under RM1 million TEP 2 FRIDAY APRIL 22, 2016 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from TheEdgeProperty.com LRT Kelana Jaya Line Latitud 8 at Jalan Ampang to be unveiled Johawaki extension on track to by year-end Development to start operations end- Crest Builder Holdings Bhd has facilities, offi ce space, small offi ce/ launch fi nal phase of June enterd into a joint venture (JV) fl exible offi ce (SoFo), small offi ce/ Avanti Residences Th e construction of the new LRT with Prasarana Malaysia Bhd and home offi ce (SoHo) and duplexes, Johawaki Development Sdn Bhd Kelana Jaya Line extension pro- Detik Utuh Sdn Bhd to develop as well as a rooftop lounge and bar. is set to launch the third and fi nal ject (LEP) is currently progress- Latitud 8, a 2.72-acre mixed-com- “We plan to soft launch the res- phase of its Avanti Residences in ing to the fi nal stage, and the line mercial development which has idential units in Singapore and Saujana Permai U17, Shah Alam is on track to begin operations a total gross development value Hong Kong as well as Malaysia over two days starting May 7. at end-June this year, said infra- (GDV) of RM1.1 billion. by December this year as we ex- “Th e fi nal phase [with 38 units structure operator Prasarana Rail Crest Builder group managing pect the market sentiment to im- of semi-detached houses] of the and Infrastructure Projects Sdn director Eric Yong said the 43-sto- prove in the third quarter. The development will be the bigger Bhd (Praise) CEO Datuk Zohari rey single block mixed commercial estimated selling price averages units, with built-ups from 3,090 sq Sulaiman last week. development, which is located RM1,300 psf,” he added during ft onwards. Th e gross development The Edge Property Kelana Jaya LEP covers a dis- at the Dang Wangi LRT station the press conference after the value (GDV) of the fi nal phase is Malaysia tance of 17.4km, starting from at Jalan Ampang, Kuala Lumpur, ground-breaking ceremony. around RM40 million to RM50 Kelana Jaya station and passing will feature a lifestyle retail podi- The development started its million,” said Johawaki Develop- through 12 new stations, includ- um with business and convention construction last month and it is ment director Mohamad Akmal ing Ara Damansara, Subang Jaya expected to be com- Datuk Johari at a media briefi ng and USJ, before ending at Putra pleted by 2020. Th is last week. Heights, which is an integrated project will also be Th e fi rst and second phases of station with the extended Am- the fi rst transit-ori- the project comprising 22 and 24 pang Line. ented development units respectively were launched Th e new Kelana Jaya extend- (TOD) in Malaysia, in September last year. Each semi- The Edge Communications Sdn Bhd ed line is connected to the KTM which is construct- dee unit has six bedrooms and fi ve (266980-X) Level 3, Menara KLK, No 1 Jalan PJU 7/6, Komuter network at Subang Jaya ed directly above an bathrooms. Mutiara Damansara, 47810 Petaling Jaya, station and the Bus Rapid Transit active and operating Selangor, Malaysia – Sunway Line at USJ 7 station. LRT station. With the extended network, the Kelana Jaya LRT alignment will Publisher and Group CEO Ho Kay Tat run for a total length of 46.4km, EDITORIAL covering key commercial and Senior Managing Editor Azam Aris highly-populated residential areas WCT Holdings to launch fi rst phase of OUG luxury condos in 2Q2016 CORPORATE like Petaling Jaya, Bangsar, Gom- WCT Holdings Bhd is set to aging director Taing Kim Hwa last do units. Managing Director Au Foong Yee bak, Taman Melati, Setiawangsa launch the fi rst phase of luxury week. “It is currently open for regis- Deputy Managing Director Lim Shiew Yuin and Kuala Lumpur’s central busi- condominium development Th e The Waltz Residences com- tration and we will announce the ness district. Waltz Residences at Paradigm prises two tower blocks and 419 other details of the project such Garden City, Overseas Union units. Taing, however, declined as the built-ups and prices once TheEdgeProperty.com Garden (OUG), Kuala Lumpur in to provide further details such as we are ready,” he told Th eEdge- Managing Director Au Foong Yee trending 2Q2016, said WCT Holdings man- built-ups and prices of the con- Property.com. Editor Lam Jian Wyn Contributing Editor Sharon Kam Assistant Editor James Chong now Senior Copy Editor Shanthi Murugiah Writers Rachel Chew, Tan Ai Leng If you have any real estate-related events, email us at propertyeditor@ and Natalie Khoo LAUNCHES + EVENTS bizedge.com. Events listed here will also appear on TheEdgeProperty.com. Art Director Sharon Khoh Design Team Nik Edra, Nurul Aida Homedec Sabah 2016 International Real Estate Power Property EcoWorld’s Batu Kawan Mohd Noor Date: April 22 to 24 (Fri to Sun) Research Symposium Investment Talk Insight Talk MARKETING & ADVERTISING Time: 11am to 9pm (IRERS 2016) Date: April 23 and 24 Date: April 24 (Sun) Account Director Sharon Chew (012) 316 5628 Venue: 1 Borneo Exhibition Date: April 26 to 28 (Sat and Sun) Time: 2pm Hall, S-701, Jalan Sulaman, (Tues to Thurs) Time: 11am to 6pm Venue: EcoWorld Gallery Account Manager 88400 Kota Kinabalu, Sabah Time: 2pm to 10pm (Tues); Venue: D’sara Sentral @ Eco Meadows, Lot 740, Jayremy Sim (011) 1669 6039 Contact: (03) 7982 4668 9am to 5pm (Wed and Thurs) Sales Gallery, Jalan Sungai Jalan Paboi, Mukim 14, 14100 Email: [email protected] Organiser: CIS Network Sdn Bhd Venue: Putra World Trade Centre Buloh, Selangor Simpang Ampat, Penang NEGOTIATOR ADVISORY SERVICE Homedec Kota Kinabalu (PWTC), 41, Jalan Tun Ismail, Contact: (03) 9221 6888 Contact: (04) 510 2255 For enquiries GL: (03) 7721 8175/ 8172 showcases renovation and 50480 Kuala Lumpur, Federal Organiser: Mah Sing Group Organiser: Eco World Email: propertysupport@ home decoration products Territory Kuala Lumpur Ho Chin Soon and Ishmael Ho, Development Group Bhd bizedge.com like bed and living, windows, Contact: (03) 7803 6006 chairman and CEO respectively, The project architect Datuk Jong Senior Manager Elizabeth Lay door and roofi ng, stone and Organiser: National Institute of Ho Chin Soon Research will East Full of East Design Architect Senior Associate Stannly Tan Associate Karen Wong tiles, decoration and lighting, of Valuation (INSPEN) be sharing their insights in two will be sharing his view on the Associate Kriss Tan kitchen cabinet and wardrobe, IRERS 2016 provides a platform talks - “The future trend and Batu Kawan property market. landscape and ID clinic, home for industry experts, practitioners, changing dynamic of real estate The marketing representatives of appliances and furniture. policymakers, academics and in Greater Klang Valley” and EcoWorld will also be introducing institutions to discuss topics “Sungai Buloh, transformed the company’s EcoWorld For New Launches/Events/Press Releases/ Malaysia International Home News Tips and ideas on the changing faces by two confi rmed MRT lines”. HomePlus package to visitors. Tel: 03-7721 8211 Fax: 03-7721 8038 Renovation Expo of today’s real estate market. Participants need to register Email: [email protected] Date: April 22 to 24 (Fri to Sun) Participants will need to register online to get free admission Mah Sing Hawaiian-themed Time: 11am to 9pm online and pay a registration fee. tickets to this investment talk. Food Trucks Fest The Edge Communications Sdn Bhd Venue: Mid Valley Exhibition Date: April 23 (Sat) Centre, Level 31, The Gardens Time: 3pm to 8pm ADVERTISING & MARKETING To advertise contact South Tower, Mid Valley Venue: M Residence Clubhouse, GL: (03) 7721 8000 City, Lingkaran Syed Putra, Brand New Launch of Manchester Jalan Bandar Tasik Puteri, Fax: (03) 7721 8288 59200 Kuala Lumpur City Centre Residential Project 48020 Rawang, Selangor Chief Marketing Offi cer Sharon Teh (012) 313 9056 Contact: (03) 9056 3323 Date: April 23 and 24 (Sat and Sun) Contact: (03) 6092 8188 General Manager, Digital Media Organiser: EG Groups Time: 10am to 7pm Organiser: Mah Sing Group Bhd Kingston Low (012) 278 5540 Holding Sdn Bhd Venue: Irving Suite, Level 5, The Food Trucks Fest will feature 10 Senior Sales Managers Fong Lai Kuan (012) 386 2831 Malaysia International E&O Hotel, 10, Lebuh Farquhar, food trucks off ering various types Peter Hoe (019) 221 5351 Home Renovation Expo 10200 George Town, Penang, of food and beverages. Besides a Gregory Thu (012) 376 0614 will be showcasing a wide and Davidson Room 1&2, Jalan wide selection of food, there will Creative Marketing Chris Wong (016) 687 6577 variety of products of home Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur. also be exciting games for visitors Head of Marketing Support & Ad Traffi c furnishings and home textiles, Contact: (016) 228 8691 with mystery prizes to be won.
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