A PULLOUT EVERY FRIDAY WITH

FRIDAY, NOVEMBER 8, 2019 . ISSUE 3005/2019 . PP19055/06/2016(034530) PRINT + DIGITAL

EP EP EP 11 available 04NEWS FEATURE10 HOME online + offline IDEAS Missed our Sim Leisure Group past issues? eyes China and Nippon Paint Click or tap Asean region for How high-density launches Trend here to visit our theme park business homes can offer Beyond Colours digital archive! expansion quality living for 2020/21 www.EdgeProp.my

PERAK

Taiping

Beruas W

E

S WCE T

C O Kampung Gajah A growth S T

E

X

Teluk Intan P R areas E S S The , Sabak Bernam W A which is currently under Y construction, will potentially Kuala SELANGOR boost the development of S certain areas along the highway. tr a See Pages 8 and 9. it s o f M a Subscribe l a NORTH-SOUTH to pullout c ca EXPRESSWAY for FREE! EP 2 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY

NEWS HIGHLIGHTS from www.EdgeProp.my

Sarawak Assembly YNH to launch passes Strata Menara Weld and The Weld Genting project (Subsidiary Titles) YNH Property Bhd has told The Bill 2019 Shopping Centre up for sale Edge Financial Daily that it is fi - The Strata (Subsidiary Titles) Bill nally moving ahead with the de- 2019 was passed by the Sarawak velopment of its parcel of land atop State Legislative Assembly on Nov , next to Resorts 4. The bill, which has been intro- World Genting. It had bought the duced to replace the Strata Titles land in 2008 for RM16.05 million. Ordinance 1995 (Chapter 18), allows YNH general manager James residents to manage, maintain and Ngio said the project is set to be regulate the conduct of each stra- launched in 2020 featuring three ta owner through a management blocks of serviced apartments corporation. worth RM700 million in GDV. Also passed was the Strata Man- “We are going to [fi rst] develop agement Bill 2019 that regulates fi ve acres of the 100-acre land. It The Edge Property Sdn Bhd (1091814-P) the management and maintenance is going to be mostly residential, Level 3, Menara KLK, of strata building, making it man- and our target market will be in- No. 1 Jalan PJU 7/6, , 47810 , datory for owners to pay monthly vestors and [those seeking] holiday Selangor, maintenance charges for routine homes,” Ngio said. maintenance of the common facili- ties, and not less than 10% of such EdgeProp.my RPGT collection monthly charges shall be put aside for properties Managing Director/Editor-in-chief as sinking fund for major repairs/ Au Foong Yee replacement and repainting works. Great Eastern Life Assurance (M) off er 400,000 sq ft in net lettable disposed after 5 EDITORIAL Deputy Chief Minister Datuk Bhd, a unit of Singapore-listed area (NLA), sits on a 68,932 sq ft years hit RM81.5m Executive Editor Sharon Kam Amar Awang Tengah Ali Hasan Great Eastern Holdings Ltd, is land. The building has four lev- The government collected RM81.52 Assistant Editor Tan Ai Leng Deputy Chief Copy Editor noted that as at Oct 31, 2019, there calling for bids for the Menara els of basement parking and 445 million in real property gains tax James Chong were 280 strata projects comprising Weld offi ce building and The Weld car park bays. The offi ce’s NLA is (RPGT) in the fi rst eight months of Copy Editor 18,323 strata titles in Sarawak. Shopping Centre located at the 269,953 sq ft. this year from the disposal of prop- Arion Yeow Senior Writer corner of Jalan Raja Chulan and The closing date for the tender erties held for more than fi ve years, Rachel Chew Jalan P Ramlee, . is Dec 4, 2019. which involved 8,554 transactions. Writers Get BREAKING This raised the total RPGT col- Natalie Khoo, Shawn Ng, PROPERTY The insurer has set a reserve price Great Eastern bought The Weld Chin Wai Lun, Chelsey Poh of RM270 million for both assets. from Cycle & Carriage Malaysia in lected as of August 2019 to RM1.1 Art Director Sharon Khoh NEWS delivered Senior Designer Jun Kit to you daily via The landmark building com- 2003 for RM150 million, before up- billion, which was a good perfor- Designer Rajita Sivan WhatsApp! prises a 26-storey office tower grading it for an estimated RM15 mance, said Deputy Finance Minis- For New Launches/Events/ and an adjoining six-storey retail million. ter Datuk Amiruddin Hamzah. Press Releases/News Tips TO SUBSCRIBE mall. At a reserve price of RM270 The retail component once Amiruddin was replying to a email: [email protected] million, the deal works out to comprised the Weld Supermarket, query by Datuk Seri Dr Wee Ka Tel: (03) 7721 8211 Fax: (03) 7721 8280 1. Add +6018 290 2116 to your contact RM675 psf for the commercial which is said to be the city’s fi rst Siong (MCA-Ayer Hitam) in the ADVERTISING & MARKETING list as EdgeProp space. supermarket. Built in the 1960s, Dewan Rakyat On Nov 4. Associate Account Director, Advertising & Marketing News. Or scan An advertisement that appeared the supermarket was demolished Eff ective Jan 1 this year, individu- Heidee Ahmad (019) 388 1880 this QR code. in early-November for the assets and replaced with the current The al citizens and permanent residents Senior Account Manager Ian Leong (012) 359 1668 2. Send us a WhatsApp with states that the sale of the building Weld Shopping Centre in the late have to pay tax on chargeable gains Cecilia Too (012) 319 7666 "NEWS" and your full is being conducted through a ten- 1980s. The offi ce tower was subse- from properties and shares disposed Account Manager name in the message. der exercise. The buildings, which quently added in 1994. after the fi fth year of ownership. Pri- Joane Tan (012) 377 2885 or to that, no RPGT was imposed. Marketing Support & Ad Trafˎ c Madeline Tan (03) 7721 8218 email: [email protected] trending How do I get past issues of this weekly pullout? BUSINESS DEVELOPMENT Manager Go to www.EdgeProp.my to download for free Nimalen Parimalam (014) 324 3193 now

AGENCY SALES Sales Manager Stannly Tan (012) 538 1687 If you have any real estate-related events, email us at [email protected]. LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. PRODUCT DEVELOPMENT & CUSTOMER ADVISORY Senior Manager Elizabeth Lay (012) 512 1687 EdgeProp.my / KS06, Enjoying Gatsby Moment food and snacks, and face Associate Fireside Chat on 1, Klang, Selangor. Date: Nov 10 (Sun) and henna painting. Come Omar Nawawi (012) 537 1687 Contact: (03) 3162 3322 Time: 11am to 5pm dressed for the occassion as Nazrin Hakimin (017) 368 6061 Strata Management Enjoy a memorable family Venue: 8th & Stellar Sales shopping vouchers will be given For enquiries and listings Act 2013 review: fun time at the Happy Land Gallery, No. 2 Jalan 1/127, away to the best dressed. email: [email protected] Tel: (03) 7733 9000 When? FULLY event at S P Setia’s TRIO Sales Off Jalan , BOOKED! Galleria. Take part in exciting Kuala Lumpur Fun Run & EdgeProp.my pullout is published Date: Nov 14 (Thurs) Fun Fair game booths, Giant Contact: (03) 7984 7878 Inː atable Challenge 2019 by The Edge Property Sdn Bhd. It is Time: available with The Edge Financial 10am to 12pm Family bonding games, and Organised by Chin Hin Property Date: Nov 17 (Sun) Venue: Daily every Friday. The pullout Wisma Rehda, the Adventure Bumper Blast. Development, there will also be a (registration closes Nov 10) is also distributed at more than No. 2, Jalan SS 5D/6, SS 5, 200 ofˎ ces, shopping complexes, special appearance by JC Chee, a Time: 7am to 12pm condos, medical centres and F&B Petaling Jaya, Selangor main cast in the OLA BOLA movie Venue: Alam Impian Welcome outlets in the . You can Contact: (03) 7721 8000 (ext 2015) also download it for free at and ambassador of Black Dragon Centre, No. 1, Jalan Panglima www.EdgeProp.my Key industry players including bubble tea who will share a demo Hitam 35/26, Alam Impian, developers and building and on milk tea-making and give out Seksyen 35, , Selangor Th e Edge Malaysia facility management experts free drinks. Lucky draw prizes, Contact: (03) 5162 7600 will be sharing their views on including a trip to Santorini, Try getting pass 100m of Publisher and Group CEO strata management issues Ho Kay Tat will also be up for grabs. infl atable obstacles at the and challenges, and why Find Your Best Fit 3km fun run in Alam Impian EDITORIAL there is an urgent need for Date: Nov 9 & 10 (Sat & Sun) Be The Light Deepavali and win exciting prizes. Editor-in-chief Azam Aris an amendment to the Strata Time: 10am to 6pm celebration Online pre-registration is CORPORATE Management Act 2013. Pre- Chief Operating Ofˎ cer Venue: Emerald 9 Sales Gallery, Date: Nov 10 (Sun) needed and a fee is required. Lim Shiew Yuin registration is required. Walk- , Cheras, Selangor Time: 4pm to 8pm Registration closes on Nov 10. ADVERTISING & MARKETING ins will not be accepted. Chief Commercial Ofˎ cer Contact: (1300) 22 0099 Venue: The ARC, Bandar Sharon Teh (012) 313 9056 You are not alone on 11.11 Rimbayu by IJM Land, Telok General Manager Single’s Day. Come eat, play Panglima Garang, Selangor Fong Lai Kuan (012) 386 2831 Happy Land at TRIO and fi nd your BEST fi t at the Contact: (1800) 22 8686 Senior Sales Manager Gregory Thu (012) 376 0614 Sales Galleria fun two-day event organsied Join the Deepavali celebration at Head of Marketing Date: Nov 9 (Sat) by GuocoLand (Malaysia) Bhd. Bandar Rimbayu and enjoy the Support & Ad Trafˎ c Time: 11am to 5pm Free Haagen Dazs ice cream will dance and music performances Lorraine Chan (03) 7721 8001 Venue: TRIO Sales Galleria, be given out. Stand a chance to throughout the evening. There No. lot 82623, Jalan Langat experience “Dining in the Sky”. will also be traditional Indian

EP 4 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY NEWS

Sim Leisure Group eyes China and Asean region for theme park business expansion

PICTURES BY SIM LEISURE GROUP BY CHIN WAI LUN potential of their businesses in malls but they just simply could not aff ord to. He says PETALING JAYA: Dubai-based theme park building indoor theme parks require large developer and operator Sim Leisure Group investments and vast spaces as opposed to is looking to replicate the success of its Es- the typical retail business. cape Th eme Park Penang internationally, “Nevertheless, the tide is changing. Th ere focusing predominantly on the Asean re- is a silver lining now. Th e leisure business is gion as well as China. now on better, solid ground on the back of “We are serious about our expansion plan retail outlets increasingly taking the online in Asia. We plan to be a serious contender route,” says Sim. in the leisure and entertainment business Moreover, he opines that small-scale by targeting aff ordable and quality family amusement parks, or as he refers to them entertainment with our quirky ideas,” Sim using the American term — family enter- Leisure Group founder and CEO Sim Choo tainment centres (FECs), known for their Kheng tells EdgeProp.my. colourful, bright lights and loud noisy at- As part of its future plans, the group in- mosphere are going out of fashion. tends to expand into new geographical lo- “Th e world has come to a realisation that cations such as China and potentially other it has had enough of electronic and mechan- Asean cities such as Indonesia and Th ailand. ical games,” Sim claims. And he expects more In this regard, it entered into a non-binding theme parks or leisure centres to spring up memorandum of understanding with Fei in malls in the near future. County Wonder Stone Characteristic Town Artist impression of Escape Challenge Paradigm Mall Shifting his attention back to Escape Chal- Development Co Ltd on September last year lenge Paradigm Mall, he says entry charges to undertake the design and operation of a offi cially set a new Guinness World Record Sim: The leisure would be lower than that of Escape Penang. theme park in Linyi City, Shandong Prov- for the world’s longest tube water slide meas- business is “We expect a shorter time spent (in Escape ince, China. uring 1,111m. now on better, Challenge Paradigm Mall) as well as the Th e group hopes to get the business agree- Th is new water slide smashes the previ- solid ground number of games available compared to ment signed by this year. ous record of 356m held by Galaxy Erding on the back of the full-blown Escape Penang. Th e fi rst Escape theme park in Penang in Germany. Escape’s (Penang) slide is a retail outlets “In terms of attractions, it will have sim- features some 40 themed rides and attrac- permanent structure attached to steel poles increasingly taking ilar games as well. Th e environment will be tions under three categories — Adventure- which extends to the ground, using fi bre re- the online route. more comfortable and controlled. Imagine play, Waterplay and Gravityplay — on a inforced polymer. To put it into perspective, Escape Adventureplay minus Gravityplay 44-acre site nestled among the forests of a typical length of a water park slide is less and Waterplay under a big roof,” says Sim, Teluk Bahang. than 200m long. adding that the mall was chosen due to its Besides Escape Penang, Sim Leisure With an elevation of 70m, the ride down strategic location in a middle-class neigh- Group has completed some 300 projects the longest slide will take approximately four touted as Southeast Asia’s largest indoor bourhood [of ] with a growing worldwide which include fi tting the largest minutes with riders meandering through theme park. youth population. indoor waterpark in the Middle East Wahooo! the forests of Teluk Bahang, Penang. It was Recently, Sim Leisure announced the “Our approach to the theme park and lei- Waterpark in Bahrain, designing the Egyptian opened to the public last month. signing of an agreement with Jelas Puri Sdn sure industry is new as we see things from and Jurassic zones in Universal Studios Sin- Bhd, a subsidiary of WCT Holdings Bhd, to a diff erent lens. We are breaking records gapore and providing attractions for Mattel Indoor theme parks the next build and operate Escape Challenge Para- through our own unique way of doing things, Play! Town, Dubai, United Arab Emirates. big thing? digm Mall in Petaling Jaya. not by throwing money away for the sake of Sim himself has been in the internation- Malls are transitioning into lifestyle malls, not Th e 35,000 sq ft indoor centre is scheduled record-breaking achievements. al theme park industry for more than 30 just purely for retail. And this is nothing new. to begin operations around end-November “We intend to revolutionise the theme years, having designed and built theme Many would be familiar with the Berjaya 2019, just in time for the year-end school park industry. We will be generating more parks in Middle Eastern, European and Times Square indoor theme park as well holiday season. ‘smiles per hour’ across the region where Asian countries. as District 21 in IOI City Mall . It’s true an indoor theme park is a huge people are eagerly awaiting a new genre Speaking of quirky ideas, as of end-Sep- Even down south in , the MCM investment. Sim tells EdgeProp.my, it is not of aff ordable and healthy family entertain- tember 2019, the theme park developer has Studio theme park in Capital City Mall is that leisure business owners do not see the ment,” says Sim.

India sets up US$3.5b fund to salvage housing projects

BY ABHIJIT ROY CHOWDHURY Modi is betting is betting on a revival in the real An analysis of about 11,000 AND BIBHUDATTA PRADHAN on a revival in estate industry to boost demand home builders by research firm the real estate and kick-start an economy that’s Liases Foras in February showed NEW DELHI: India announced a industry to expanded at the slowest pace in that developers on average have to 250 billion-rupee (RM14.5 billion) boost demand six years for the quarter ended June repay twice as much in debt each fund to salvage stalled residential and kick-start 30. A series of shocks in the last few year as the income they generate projects in a bid to reverse the slow- the economy. years, from the unexpected with- that can be used to service it. Th is ing growth in Asia’s third-largest drawal of high-value rupee notes in comes as property prices in India’s economy. 2016 to the sales tax introduced the biggest cities are fl agging — home Th e new programme is an im- following year, have dented prop- values in Mumbai sank 11% last provement on a US$1.4 billion erty-market sentiment and caused year following a 5% decline in 2017. (RM5.8 billion) real estate corpus funding for developers to dry up. India introduced a law with strict launched in September, Finance About 576,000 projects worth punishments for building delays Minister Nirmala Sitharaman told about 4.6 trillion rupees are running in 2016. reporters after a cabinet meeting in behind schedule across seven big There are 1,600 mothballed New Delhi late Wednesday. Unlike Indian cities, Anuj Puri, chairman housing projects with around the previous plan, the government ternate investment fund with the likely to contribute the remaining of Anarock Property Consultants half a million incomplete dwelling has now decided to also support government contributing 100 bil- 150 billion rupees. Builders will said in an email. “Th e timeline for units, Sitharaman said. Th e decision projects that have been written off lion rupees,” Sitharaman said. State- have to be net worth positive to setting up this fund and its actual was taken after a discussion with by lenders as bad loans. run insurer Life Insurance Corp, avail the facility, she said. implementation is quite critical,” stakeholders and the central bank. “It will be in the form of an al- State Bank of India and others are Prime Minister Narendra Modi he said. — Bloomberg

EP 6 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY

Left: Santuari Park Pantai is a rare gem in KL which consists of nature-inspired villas amidst tranquility.

Below: SLGG is introducing a cutting-edge technology by Panasonic to enable occupants to enjoy good indoor air quality, which is key to a comfortable and healthy lifestyle.

A LIFEGIVING SANCTUARY in one of KL’s last landed homes Tan said SLGG is committed to creating a truly multigenerational estate with smart, wellness and sustainable designs in mind.

magine waking up atop a hill to chirping Santuari Park Pantai itself is built to cultivate birds perched on bounteous trees, then quality family life both indoors and outdoors, taking a swim in a private rooftop pool, thanks to the smart, sustainable and wellness I not in a remote resort on a rare getaway, designs that the developer, Sanctuary Lakes but every day. Global Group (SLGG), has incorporated into Yes, this kind of rejuvenation is possible at the entire development and each individual unit. home, not miles away from the capital city, but Taking full advantage of its elevated terrain, right in its heart, just a stone’s throw away from SLGG has preserved a vast area of the 38-acre site various amenities including eateries, green park, as green spaces while building a limited number medical centres, schools and shopping malls. of detached houses on a small portion of land to Off ering gated-and-guarded landed homes create an ultra-low-density living environment in a super low-density freehold development, that promotes a healthy and pleasant lifestyle. Santuari Park Pantai sits on an upland in Th e developer is planning to build a total of Kampung Pantai Dalam, Kuala Lumpur, just 150 units of bungalows, villas and condomini- an arm’s length from the Pantai Sentral Park ums, of which 20 units of villas have commenced and Bukit Kerinchi. construction. It is also off ering individual lots With its proximity to the city centre and for buyers to build their dream homes. major expressways, the development spells to- Th e ultra low-density results in cooler out- tal lifestyle convenience. Th e KL city centre is door temperature and fresher air, boosted by the merely 20 minutes’ drive away while the bustling circulating hill slope wind, providing an oasis Bangsar area is just about a 10-minute drive via of tranquility in the concrete jungle. the . In the indoor areas, SLGG is introducing a Petaling Jaya Old Town, famous for its food cutting-edge technology by Panasonic to ena- haven, is only less than 5km away. Besides a ble occupants to control the three key features wide-ranging variety of gastronomical delights, of maintaining good indoor air quality, namely With the assistance from the developer, buyers can choose from a wide range of interior designs to style there are plenty of amenities here to cater to air-conditioning, ventilation and air quality im- and furnish their home as they wish. every need. provement. FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY EP 7

The ultra low-density results in cooler outdoor temperature and fresher air, boosted by the circulating hill slope wind, providing an oasis of tranquility in the concrete jungle.

Each villa comes with a swimming pool and garden space that off ers an unparalleled lifestyle.

The spacious layout of the villa is perfect for you to enjoy good family time.

Through a strategic collaboration be- While indoor air quality is often neglected, those who install the solar panels are able to SLGG also plans to install CCTVs at the major tween SLGG and Panasonic, homebuyers of it helps to create a healthier and more comfort- enjoy savings of up to 30% or about RM300 junction points throughout the estate. Santuari Park Pantai can opt to equip their homes able environment, especially for children and to RM500 per month on their electricity bill. In order to ensure the sustainability of with the latter’s innovate products — Nanoe-X elderlies, as the fresh air shields them from par- Santuari Park Pantai, the developer has prom- smart air-conditioner, ventilating fan and PM2.5 ticles, allergens, bacteria, viruses, moulds and BEAUTIFULLYCRAFTED ised to provide its support and assistance to the Filtered Integrated Supply Air System on the toxic chemicals detriment to health. LIFELONG HOMES future residents on managing the estate and already designated installation points. Good indoor air quality can also improve For discerning buyers, SLGG is off ering arguably fostering community collaboration. one’s concentration level and productivity, thus the most fl exible choices for them to settle down “As this is a gated-and-guarded non-strata WALKING THE TALK allowing one to perform better in daily tasks, in Santuari Park Pantai. Th ey can either become housing estate, we will help them to set up a Th e collaboration is in line with SLGG’s com- such as studying and working. the owner of the villas built by the developer, or resident association and a system on how they mitment to create a tranquil haven of smart, Meanwhile, energy-saving is another empha- they can build on the land lots in the estate and can collaborate together to maintain the estate, wellness and sustainable homes within an estate sis in the concept of Santuari Park Pantai. As literally make their dream homes come true. such as managing the security guards and tak- that strives to become a multigeneration-friendly the houses are north-south oriented and come Ranging from 8,000 sq ft to 18,000 sq ft, these ing care of the landscape,” says Tan. living environment, says its director Leo Tan. with fl at-roof designs, they are well-positioned land lots enable owners to construct homes up Currently, the developer is going beyond “With Panasonic’s air improvement system, one to take advantage of the tropical sunlight in Ma- to four storeys, with guidance and assistance on its duty and handling the maintenance of the would be enjoying amazingly refreshing air quality laysia with solar panels off ered by Panasonic. the design and construction from the developer. security and landscaping works at public areas. in their homes here, even on a hazy day,” he notes. Depending on the roof space of each house, Some of the lots are situated at the crest of “It is our interest to maintain the estate and the hilly land, where the erected homes can open we will stay here over the long term until the up to the unobstructed city view of both KL and residents are ready to take over the management PJ from the north and south sides, respectively. of the estate,” he adds. Alternatively, one can opt for the 20 beau- Meanwhile, the developer is exploring ide- tiful villas crafted by SLGG. With a land area as that will further enhance the liveability of of 7,200 to 8,700 sq ft, these spacious 4-storey Santuari Park Pantai, of which is a common villas are spectacular with their exclusive facil- facility where the residents can gather and ities, including a private lift, swimming pool communicate with each other as well as hold Through a strategic and garden space. discussions on management aff airs, he hints. collaboration between Each villa will come with fi ve to six bedrooms With all its merits, Santuari Park Pantai is SLGG and Panasonic, that are mostly en-suites, making it a perfect undoubtedly one of the rarest gems in KL and homebuyers of Santuari home for multigenerational families. Each unit an estate that off ers holistic lifestyle for people Park Pantai can opt to has also been crafted to allow for an unimped- from all age groups. equip their homes with the ed city skyline vista, with a spacious built-up of “Looking ahead, we have got plans for some latter’s innovative 5,700 sq ft to 9,400 sq ft. smaller, low-rise condominiums sized about products. Buyers can choose from a wide range of in- 2,000 sq ft to off er options for families to down- terior designs to style and furnish their homes size as they grow older so that they will not have as they wish. From fi nishes, furniture and even to move out from this area where they would appliances, they can customise almost every have grown familiar with,” Tan highlights. detail of their dream homes. FILTER-INTEGRATED SUPPLY AIR FAN UNIT SECURITY AND SUSTAINABILITY WELL TAKEN CARE OF Security is of utmost priority in Santuari Park Pantai as SLGG is committed to providing a home where the residents can have peace of mind. Th e compound of the estate has been marked VENTILATING X-PREMIUM INVERTER R32 AIR CONDITIONER air-e FAN WITH NETWORK ADAPTOR out via perimeter fencing as the fi rst step in making it a highly secure private housing area. On top of that, a guard house has been set up at the entrance to act as an access control checkpoint and the main security hub. Besides 24-hour patrolling at the key areas in the estate, EP 8 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY COVER STORY

Coastal towns such as are expected to receive a tourism boost from the WCE.

RAINE & HORNE INTERNATIONAL ZAKI + PARTNERS BY SHAWN NG Currently, accessibility of areas in the west than now from the upcoming highway as well coast corridor is limited to the Federal Route 5 as the existing SKVE. ransport infrastructure de- road, says urban planner and transport expert “Th e travel time from Banting to Putrajaya, velopments such as roads, Goh Bok Yen. and the KLIA (Kuala Lumpur Inter- railways, airports and ports “Th e west coast is very resourceful with all the national Airport) in will be shortened. tend to signal where the next existing fi shery and marine-based industries, With that, Banting will defi nitely receive a big property hot spot will be as especially from Sekinchan onwards to Taiping. economic boost and property prices in the vi- they often serve as catalysts to But the accessibility is not there and this has cinity are expected to go up further,” off ers Tan. drive economic activity while impeded the economic and development po- He cites Raine & Horne’s data which shows enhancing the liveability of tential of the west coast corridor,” off ers Goh, that the average price of a 2-storey terraced Tthe areas they serve or operate in. who is the director of MAG Technical and De- house in Banting is already on an uptrend, hav- One much-anticipated infrastructure project velopment Consultant Sdn Bhd. ing increased by 67% from 2014 (when the con- in Peninsular Malaysia that is set to transform Tan: It will provide Using the Federal Route 5, the distance from struction of the highway offi cially began) to the the landscape along its route is the West Coast opportunities for Banting to Taiping is about 308km and it would fi rst half of 2019 (1H2019), from RM180,000 per Expressway (WCE), a 233km highway connecting manufacturers to relocate take about fi ve to six hours to travel between unit to RM300,000. Banting in Selangor to Taiping, . their factories to areas the two destinations on a smooth traffi c day, Goh believes that the new Banting interchange Th e construction of the WCE is being under- along the new highway, according to Google Maps. will open up another growth area that combines taken by a consortium comprising WCE Hold- However, with the 233km WCE, industrial both Banting and . ings Bhd and IJM Construction Sdn Bhd and LOW YEN YEING | EdgeProp.my players will be able to tap the resource-rich Another area that is poised to get a second is expected to be fully completed by end-2022. coastal areas in a more convenient and effi cient wind is Bandar , where an interchange Th e WCE will be connected to several existing way, says Goh. will also be built. highways, namely the North-South Expressway “Over the mid to long term, the WCE certainly (NSE), the South Klang Valley Expressway (SKVE), off ers good opportunity to generate new growth the New Klang Valley Expressway (NKVE), the New areas along the corridor where developers like Average price of 2-storey North Klang Straits Bypass (NNKSB), the Kuala Sime Darby Property and KLK Land own vast terraced houses in Bandar Lumpur- Expressway (LATAR) estate lands. With these landbank, there could Mahkota Banting and the (KESAS). be more new township developments in areas 350 Prices increased by 67% Upon completion, it is expected to enhance such as and Kuala Selangor,” he adds. 300 the accessibility and connectivity of the areas from 2014 to 2019 along the alignment. Awakening of Banting 250 According to industry experts, the WCE will Along the WCE alignment, Banting appears to 200 potentially open up the west coast corridor as Goh: The WCE certainly be the favourite pick for both Tan and Goh, to 150 the travelling time to the coastal areas will be offers good opportunities benefi t the most from the construction of the 100 slashed and thus spur the growth of develop- to generate new growth expressway as there will be an upcoming in- RM ‘000 per unit ment in these areas. areas along the corridor terchange situated at Federal Route 31 close to 50 “Th e time taken to get to areas along the WCE where developers own vast Bandar Mahkota, Banting. 0 will be reduced. For example, it takes a long time estate lands. Tan points out that as the starting point of 2014 2015 2016 2017 2018 2019 to get to tourism destinations like the leaning the WCE, Banting will enjoy much better access tower of and to Pulau Pangkor using CBRE L WTW SOURCE: RAINE & HORNE the current roads. But with this highway, it will be so convenient for tourists. It will also provide Prices of industrial lands near the WCE have been rising opportunities for manufacturers and small and medium enterprises (SMEs) to relocate their since the highway began construction factories to areas along the new highway,” says Raine & Horne International Zaki + Partners Sdn 90 Bhd associate director James Tan. 80 It will also be much easier, cheaper and con- 70 venient for businesses and factories to transport 60 their goods along the west coast, he adds. 50 On top of that, there will be opportunities for 40 property developers to build industrial or resort 30 properties, especially near the highway exits or Heng: Places such as 20 interchanges such as , Klang, Bandar Bukit and Teluk Intan RM psf, based on land area 10 Raja, Shah Alam, Telok Datok and Banting as in Perak and Sekinchan in 2014 2015 2016 2017 2018 2019 these areas are expected to enjoy reduced trav- Selangor are among the Kawasan Perusahaan Suria, Meru Industrial Park, Klang elling time and improved accessibility. top beneˎ ciaries. Th ere are 21 interchanges along the WCE, Telok Gong Industrial Park, Klang Sungai Kapar Indah Industrial Park, Kapar of which 11 are located in Perak and the rest Bandar Armada Putra, within Selangor. SOURCE: RAINE & HORNE FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY EP 9 COVER STORY

Quick facts

about WCE West Coast Expressway (WCE) Interchanges 1 — Perak section • Total estimated cost proposed alignment (as at 2017): 11 1. Interchange RM6.02 billion – linkage to Federal Route 5 (RM3.12 billion in Selangor 2. Teluk Intan Interchange – West Coast + RM1.92 billion in Perak Kuala linkage to Federal Route 5 Expressway (WCE) + RM980 million for land 10 Kangsar and Federal Route 58 WCE (deferred section) acquisition Taiping 3. Kg Interchange – 9 Zoo in both states) North-South Expressway linkage to Federal Route 5 (PLUS) • Total length: 8 4. Sitiawan Interchange – 233km Linkage to another highway linkage to Federal Route 5 from Banting, Selangor Existing road to Taiping, Perak 5. Sitiawan North Interchange To Siputih – linkage to Federal Route 5 • Commencement of 7 6. Changkat Kelly’s Castle construction: August 2014 To Changkat Cermin Interchange – Keruing linkage to Federal Route 5 • Construction progress as 6 Kinta 7. Kinta West Interchange at end-July 2019: 62.64% 5 8. Interchange – • Target completion: Pangkor linkage to Federal Route 73 Island 4 End-2022 9. A130 Interchange Perak 3 PERAK 10. Trong Interchange – linkage Leaning to Federal Route 60 Tengah Tower 2 of Teluk 11. Taiping South Interchange – Interchanges Intan linkage to NSE 1 — Selangor section Teluk Intan “From Bukit Raja to the southern areas 1 (Banting), intensive transformation is expected to 1. Banting Interchange – take place at areas surrounding the interchanges linkage to Federal Route 31 as they are expected to become strong econom- 2. SKVE Interchange – ic hubs. So now is the time for developers who linkage to SKVE 10 Sabak own lands in these areas to study the suitable 3. SAE Interchange – Bernam Kampung KUALA Kuantan linkage to KESAS Ijok components that they can build in order to en- 9 yȈɨljːȈljɰ LUMPUR hance the value of their lands,” says Goh. 4. Sri Andalas Interchange LATAR – linkage to Federal 8 NKVE A boon for industrial property Route 190 Due to the bright outlook for industrial proper- 5. FHR2 Interchange – linkage N ty, the prices of industrial lots in Kapar, Klang, to Federal Highway Route 2 SELANGOR Pulau Indah, Bestari Jaya and Sabak Bernam 6. NNKSB1 Interchange – 7 have seen an upward trend since the WCE con- 6 linkage to NNKSB and Sekinchan 5 struction started in 2014, according to data from NKVE NNKSB 4 Shah Raine & Horne. 7. NNKSB2 Interchange – The area that recorded the highest price linkage to NNKSB and Alam growth between 2014 and 1H2019 is Kawasan Federal Route 3217 Klang Perusahaan Suria in Bestari Jaya, Selangor, where KESAS 8. Kapar Interchange – industrial plot prices have gone up by more than linkage to Federal Route 3 160% from an average RM15 psf based on land 3217 area size, to RM40 psf. Banting Th is is followed by Meru Industrial Park and 9. Interchange SKVE – linkage to LATAR and 2 Telok Gong Industrial Park in Klang, both reg- Federal Route 54 istering a growth of 100%. Sepang To KLIA Meanwhile, Sungai Kapar Indah Industri- 10. Interchange – Beach al Park in Kapar and Bandar Armada Putra in linkage to Federal Route 5 Pulau Indah have also seen hikes of some 78% 1

and 67% respectively, during the period. SDN BHD EXPRESSWAY SOURCE: WEST COAST “We also noticed some industrial lands in Sabak Bernam, where there is a WCE inter- change, sold for a record RM50 psf last year, Construction status of WCE’s sections Tourism sector another something that one would not expect, say fi ve beneficiary years ago,” says Tan. WORKING STRETCH STATE CURRENT PROGRESS* Besides residential and industrial, tourism prop- He also notes that similar price trends had SECTION erty will also benefi t from the WCE as the tourism been previously observed in other industrial ar- 1 Banting – SKVE Selangor 56.17% (To be completed attractions in some of the coastal towns become eas along some of the existing highways, name- in early 2021) more accessible, says CBRE l WTW director and ly KESAS, SKVE and NSE, where the appeal of Ipoh branch manager Heng Kiang Hai. industrial property there was enhanced by the 2 SKVE – KESAS Selangor 42.60% (To be completed “Places such as Sitiawan and Teluk Intan in in early 2021) construction of the highways. Perak and Sekinchan in Selangor are among “An excellent example would be the Kota 3 KESAS – Federal Highway Selangor 53.04% (To be completed the top benefi ciaries as more tourists will trav- Kemuning lndustrial Park. Before KESAS was Route 2 in early 2021) el to these coastal towns and indirectly boost constructed, industrial properties there were 4 Federal Highway Route 2 – Selangor 98.52% (To be completed the local business and commercial activities selling at about RM20 psf. But today, with the en- NNKSB in 1Q2020) there,” he says. hanced accessibility, the price has increased to a He adds that this may attract developers to range of between RM150 and RM180 psf,” he says. 5 NNKSB – Kapar Selangor 97.13% (To be completed mull over the possibilities of undertaking devel- in 1Q2020) Looking ahead, Tan expects the industrial opments in these areas. land prices along the stretch of WCE to move 6 Kapar – Assam Jawa Selangor 34.35% (To be completed Raine & Horne’s Tan concurs, adding that the up and developers taking the opportunity to in early 2021) Telok Datok neighbourhood in Banting off ers build industrial parks. 7 Assam Jawa – Tanjung Karang Selangor 18.60% opportunities for resort development, given its “We are likely to see a repeat of what hap- proximity to the Morib beach. pened to areas along the KESAS, SKVE and NSE, 8 Hutan Melintang – Teluk Intan Perak Opened to public “Other areas with tourism potential include where land prices along these highways have 9 Kampung Lekir – Changkat Perak Opened to public Kuala Selangor, where one can fi nd interesting increased tremendously. Th is whole stretch of Cermin attractions such as fi refl ies, seafood, nice quaint the WCE, especially the areas situated north- fi shing villages, paddy fi elds, eagle feeding and 10 Changkat Cermin – Beruas Perak Opened to public wards of Kapar, is relatively new and there are the Sky Mirror. All these areas that currently not many industrial parks there. Th e potential 11 Beruas – Taiping South Perak 28.47% have to take a long time to reach will become for new industrial parks is defi nitely there”. *Note: Progress of sections yet to be completed are as of end-July 2019 easily accessible with the upcoming WCE,”

SOURCE: MINISTRY OF WORKS, WEST COAST EXPRESSWAY SDN BHD AND WCE HOLDINGS BHD SDN BHD AND WCE EXPRESSWAY WEST COAST OF WORKS, SOURCE: MINISTRY he says. EP 10 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY FEATURE

Singapore’s Punggol Eco-Town BY CHELSEY POH DONGLI ZHANG

ccording to the United Nations’ World Urbanization Prospects: The 2018 Revision Report, as of 2019, 76% of the Malaysian population resides in urban areas and the percentage is projected to reach 87.3% by 2050. ABased on data from the Department of Statistics Malaysia (DOSM), the Federal Territory of Kuala Lumpur has an estimated population of 1.8 mil- lion in 2018, which translates to a population den- sity of 7,407 per square kilometre, compared with Singapore’s population density of 7,804. With rapid urbanisation and the growing pop- ulation within cities, high density living is increas- ingly dominant around the world. Furthermore, the low- to mid-income segment of the population especially, would only be able to aff ord to live in crowded high-rises.

Easing urbanisation impact Although this could be up for debate, well-planned high-density living could be a solution to counter the negative impact of urbanisation. Malaysian Institute of Architects (PAM) presi- dent and VERITAS Design Group vice-president and director Lillian Tay opines that high density How high-density homes living should be promoted as a way to solve traf- fi c congestion and reduce air pollution caused by heavy traffi c — the challenges often faced by de- can offer quality living veloping cities. “People are moving to the outskirts as they can- not aff ord to live in the city centre, but they still have to travel into the city for work, causing bad traffi c congestion,” she tells EdgeProp.my. To mitigate the traffi c congestion, people need A liveable neighbourhood to live near their workplace or in close proximity to public transport facilities. Sadly, partly due to EdgeProp.my Housing density is defi ned as tive, Fong points out that live- ing in the country — opti- lack of accessibility to the stations from people’s the average number of persons ability in a high-density hous- mised plans could come into homes and their workplaces, utilisation rate of our in a unit of space in a residen- ing area needs to be supported reality. rail-based public transportation remains low. Th e tial area (number of persons by suffi cient infrastructure, in- Fong says that the HDB uses Ministry of Transport has identifi ed low utilisation per hectare). Based on the cluding well-planned rail and the ‘checkerboard concept’ to rate of public transportation as one of the challeng- planning provision under the road networks; easy access to enhance liveability by inter- es to be addressed through the National Transport Kuala Lumpur Structure Plan sufficient amenities such as spersing high-rise with low- Policy (2019-2030). 2020, a development with less schools and health facilities; rise developments to provide Deputy CEO of Singapore’s Housing & Develop- Tay: All local authorities than 100 persons per ha (1ha as well as recreational areas visual and spatial relief to the ment Board (Building) Fong Chun Wah tells Edge- should adopt the YEN YEING PICTURES BY LOW | = 2.47acres) is categorised as and greenery. residents, citing Singapore’s Prop.my that high-density living could bring benefi ts same sustainability low density, between 101-300 “For instance, if children can Punggol Eco-Town as an ex- such as lower transportation energy consumption principles towards new persons per ha as medium walk to school, it makes things a ample. thanks to shorter trips and higher public transpor- developments. density and above 301 persons lot easier [for parents],” he says. However, the development tation modes. “People could also save on the cost per ha as high density. PAM’s Tay also notes that to of buildings in Malaysia is con- of traveling, as many amenities and conveniences Th e Kuala Lumpur City Hall make high-density living at- trolled by various authorities could be within walking distance,” he says. (DBKL) has set the limit for tractive, there should also be and although it may be chal- Furthermore, the same amount of street lights housing density at up to 400 enough public spaces for com- lenging, there is a need for all and traffic lights could people per 0.4ha (one acre) munity interaction and cultural authorities to adopt the same serve more people in a for free market projects, and life to take place. sustainability principles across high-density area than a 1,000 people per 0.4ha for 100% the country in new develop- place where people live aff ordable housing schemes. Collaboration between ments, Tay opines. along long stretches of Contrary to popular belief, various parties needed She adds that city planners road, he notes. quality living environments can In Singapore, land use is care- and developers should also High-density living be achieved if the high-density fully planned due to scarcity work together to provide safer seems inevitable in the development and its surround- of land. Th anks to the Housing sidewalks, better street lighting city but how can they Fong: Liveability in a ings are mindfully planned. & Development Board (HDB) and enhanced security in the off er quality living? Th is high-density housing — the centralised authority neighbourhood, as walkability matter could be addressed area needs to be Sufficient infrastructure that regulates the country’s is one of the benefi ts that could through two aspects — supported by sufˎ cient and amenities public housing, which is the come along with well-planned neighbourhood planning infrastructure. From a city planning perspec- largest portion of all hous- high-density living. and building planning.

The right building design

Zooming into focus on the building welcome respite. Tay suggests that not blindly follow them since the to come in,” Tay says. Be considerate itself, its design is vital in ensuring greenery be distributed across var- Malaysian weather is milder,” she A good building design does not As Malaysia is a very family-orient- its liveability. Good passive design ious parts of the buildings to give stresses. only ensure good comfort levels ed society, houses need to suit the planned from the very beginning people more opportunities to en- but also helps its users save energy needs of all generations. could prevent many problems in joy nature and the outdoors. Balance heat and light by using less artifi cial lighting and “A secured balcony would be the future, while at the same time Living in a high-density area A well-designed high-rise resi- air-conditioning. “For example, good to let families with young kids not requiring a huge amount of does not mean giving up natural dential unit should have a nice if there is a window in the bath- have a private yet safe open space. additional cost. wind and light. To enhance natural balance of solid walls and exterior room, you don’t have to turn on “However, it is very diffi cult to ventilation and natural light fur- windows, which essentially off er a the lights every time you enter the install grilles by ourselves in high- Some space and air ther, one could incorporate open balance of heat insulation, natural bathroom,” she cites. rise buildings. Hence, adding suit- Due to expensive land prices, corridors and openable windows. light and wind. Meanwhile, Fong notes that the able building envelopes to ensure housing units in cities are becom- “Western building designs usu- “Choosing high performing facing direction of units is also an balcony safety is something that ing smaller, thus common open ally have enclosed corridors due to glass windows could help pre- important aspect that aff ects indoor should be taken into consideration spaces and green areas bring much their cold weather, but we should vent heat but still allows light temperature. at the design stage,” says Tay. FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY EP 11 HOME IDEAS

Nippon Paint Pop Life A colourful and cheerful theme, Pop Life is inspired by elements of pop culture including launches Trend internet graphics from the 90s, cartoons and animations. Formed with a striking colour palette with the likes of citrus punch bright to saturated Beyond Colours tones, this bold theme aims to portray the iconography of childlike fascination with the use of solid colours such as bright yellow, orange and pink, paired with contrasting solids for 2020/21 such as cream and black for a contemporary fi nish. The vivid Golden Charmer serves as the core colour from this vibrant theme. This BY CHIN WAI LUN balance between global trends and warm-toned hue injects a sense of joy and a touch of localism and regional- contentment into any space, especially when complemented with neutral or beige tones for ippon Paint ism in Asia. a stark contrast. Malaysia Group re- “Indeed colours play a very im- For a modern and chic space, the bright cently launched its portant role in our lives… Trend tones can be paired together with textured Trend Beyond Col- Beyond Colours is an extension of paint for a unique and refreshed look. ours 2020/21 (TBC Nippon Paint’s inspirational vision 2020/21) series of to continuously encompass col- Ncolours and trends forecast de- our innovation through research rived by colour experts to curate and development whilst taking into colour inspirations for the Asian consideration the most sought-af- region. ter colour palettes by consumers TBC 2020/21 consists of 32 across the Asian market. shades across four core themes — “Th rough TBC 2020/21, we hope Raw Beauty, Precious Tale, Gentle to inspire design professionals to Whisper and Pop Life — ranging push their creative boundaries and from vibrant and bold hues to del- rethink possibilities, while embrac- icate and pastel shades. ing the trending colours for the According to the coatings expert, years to come,” said Nippon Paint each theme represents a specifi c Malaysia Group general manager persona and style inspired by the Gladys Goh. Raw Beauty technological, economic, political, Here are the themes of TBC A nature-inspired theme symbolising social and environmental infl uenc- 2020/21 and their signature or core sustainability in an urban setting, colours in es that shape them, observing the colours. Raw Beauty features shades that lie between the boundaries of neutrals and tints. The core colour is Aztec, a warm and calm shade of rustic orange inspired by elements of nature and the great outdoors. Aztec showcases a fresh perspective on how nature impacts a living space, bringing a sense of calm and belonging with the use of neutral-toned hues in the home. Besides that, the theme also off ers tonal shades of green, muted browns, warm oranges and beige.

Gentle Whisper Inspired by the cool tones of the ocean waves, Gentle Whisper combines the fl uidity of lighter pastel shades with Precious Tale contrasting tones such as navy and Modern luxury, elegance and ornamen- slate grey to provide a calming and tation — these are some of the main in- uplifting vibe in spaces from the spirations behind this theme. Comprising bedroom to the kitchen. contemporary shades such as dark grey, The darker shades of colours dark turquoise and burnt orange, colours in this theme will provide a cool under this theme are suited for metallic monochromatic look when paired and textured surfaces to create a classic together with the correct hues. and extravagant look. The calming shade of chalky pink This theme aims to create a warm yet – Plymouth Notch – is the core colour. indulgent atmosphere in a room. This neutral yet delicate shade off ers An inviting yet calming shade of teal, a fresh breath of colour amongst the Turkish Tile serves as the core colour. This other monochromatic hues within the rich shade is often known as the colour of same palette (slate blue, dark grey positivity – bringing peace to a home, as and deep shades of purple), giving the well as good fortune. When paired together space a polished and luxurious feel. with other warm colours within a similar colour spectrum, such as orange and red, the combination of colours creates an elegant and rustic look and feel. EP 12 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY

Find your dream home from more than SPOTLIGHT 250,000 listings at www.EdgeProp.my

Commercial Residential Properties for sale and rent Pro Agents, get your listings featured here! Email [email protected] or call 03-7733 9000

RM835,000 RM10,000,000 RM680,000 RM2,380,000 Bangsar Puteri, Bangsar, Damansara, Prima Midah Heights, The Rafː esia, Kuala Lumpur Kuala Lumpur Cheras, Kuala Lumpur , Selangor Type: Condominium Tenure: Freehold Type: Bungalow Tenure: Freehold Type: Condominium Tenure: Freehold Type: Semidee house Tenure: Freehold Built-up: 1,100 sq ft Built-up: 15,000 sq ft Land size:ԝ8,622 sq ft Built-up: 1,464 sq ft Built-up: 4,000 sq ft Land size:ԝ2,998 sq ft Bedroom: 2 Bathroom: 2 Bedroom: 7 Bathroom: 9 Bedroom: 3 Bathroom: 3 Bedroom: 5 Bathroom: 5

Ann Soh (REN 03232) Catherine (REN 09255) Elvie Ho (REN 22102) Ganesha (REN 04958) METRO REC SDN BHD (VE (1) 0376/1) CBD PROPERTIES SDN BHD (E (1) 1197) REAPFIELD PROPERTIES (KL) SDN BHD (E (1) 0451/1) SQUARE FEET REAL ESTATE (E (3) 1547) +6018 369 8650 +6012 383 9275 +6012 303 3788 +6012 213 9009

SOLD FOR Done RM1.21 million deal (around RM695.80 psf) Condo unit, Ameera Residences, Petaling Jaya, Selangor Concluded by: Teoh Peng Peng (PEA 1696) of Propnex Realty Sdn Bhd (+6018 206 7122) When: June 2019 RM7,250,000 RM1,500,000

Binjai on the Park, KLCC, Developed by SDB Properties units with built-ups ranging 2Twelve Condominium, Kuala Lumpur Noteworthy Sdn Bhd, the 10-year-old between 1,200 sq ft and Jln Ampang, Kuala Lumpur Type: Condominium Tenure: Freehold Type: Condominium Tenure: Freehold Ameera Residences is a 1,800 sq ft make them Built-up: 2,906 sq ft • Freehold Built-up: 1,572 sq ft freehold condominium desirable for young families,” Bedroom: 3 Bathroom: 4 • 1,739 sq ft Bedroom: 3 Bathroom: 3 comprising 290 units in a she explained. • Three bedrooms and Ian Tang (REN 22803) 30-storey tower. “The buyer liked the Ian Tang (REN 22803) three bathrooms REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) Located in SS2, one spaciousness of the unit REAPFIELD PROPERTIES (HQ) SDN BHD (E (1) 0452) • Semi-furnished with +6018 278 3154 of the most sought-after and the facilities found in +6018 278 3154 kitchen cabinet locations in Petaling Jaya, the project. He bought the • Facilities: the average transacted price unit for own-stay while the Gymnasium, of Ameera Residences units previous owner had sold it to swimming pool, has climbed to RM742 psf upgrade to a bigger home,” multipurpose hall and children’s in 2017, from RM524 psf in said Teoh. playground 2012. Prices have moderated There were 11 sale listings recently but remained at on EdgeProp.my as at end- • Nearby amenities: About 1.6km away above RM700 psf, according October with an average from 3 Damansara to EdgeProp.my data. asking price of RM1.497 shopping mall, Teoh Peng Peng of million or RM725 psf. around 3km away Propnex Realty Sdn Bhd, the from Damansara agent who concluded the RM1,280,000 Uptown, about 20km deal, said its SS2 location RM25,068,000 away from Kuala is the property’s biggest La Grande Kiara, Mont’Kiara, Lumpur city centre advantage as the self- Jalan Jaya, Kuala Lumpur • Easy access to sustaining residential area Puchong, Selangor Type: Condominium Tenure: Freehold highways such as offers good connectivity and Type: Agricultural land Tenure: Freehold Built-up: 2,047 sq ft Land size:ԝ126,590 sq ft Damansara Link, ample amenities. Bedroom: 4 Bathroom: 4 Damansara-Puchong “Ameera Residences Expressway and James Lee (REN 11088) is a well-maintained James Lee (REN 11088) Jalan Harapan LEADERS REAL ESTATE (E (3) 1204) condominium. Its spacious LEADERS REAL ESTATE (E (3) 1204) +6010 773 0073 +6010 773 0073

RM520,000 RM2,650,000 RM239,888 RM233,000 Desa Pandan, Kuala Lumpur 1 Puchong, Puchong, Selangor Cheras Perdana Apartment Sri Anggerik 1 Apartment, Type: Ofˎ ce Tenure: Leasehold Type: 3½-storey shoplot Tenure: 99 years Batu 9, Cheras, Selangor (Kinrara Puteri), Puchong, Selangor Built-up: 1,650 sq ft Built-up: 6,580 sq ft Type: Apartment Tenure: Freehold Type: Flat Tenure: Freehold Bathroom: 1 Built-up: 856 sq ft Built-up: 790 sq ft Bedroom: 3 Bathroom: 2 Bedroom: 3 Bathroom: 2

Jimmy Ng (REN 02015) Joanne Soh (REN 13124) John Oh (REN 07002) Kelvin Tan Khai Yik (REN 31324) REAPFIELD PROPERTIES (KL) SDN BHD (E (1) 0452/1) CBD PROPERTIES SDN BHD (E (1) 1197) IQI REALTY SDN BHD (E (1) 1584) ASPIRE PROPERTIES (E (3) 1632) +6016 257 0886 +6012 297 6506 +6012 298 6266 +6016 403 2222 FRIDAY NOVEMBER 8, 2019 • THEEDGE FINANCIAL DAILY EP 13

Find your dream home from more than 250,000 listings at www.EdgeProp.my SPOTLIGHT

Commercial Residential Properties for sale and rent Pro Agents, get your listings featured here! Email [email protected] or call 03-7733 9000

RM5,750,000 RM1,580,000 RM530,000 RM295,000 Industrial Park, Pulau Indah , Petaling Jaya, Setapak, Kuala Lumpur Simfoni Residence, Bandar (Pulau Lumut), Selangor Selangor Type: Groundː oor townhouse Teknologi , Kajang, Selangor Type: Land Tenure: 99 years Type: Terraced house Tenure: Freehold Tenure: Leasehold Built-up: 2,080 sq ft Type: Apartment Tenure: Leasehold Land size:ԝ87,120 sq ft Built-up: 2,985 sq ft Land size:ԝ3,309 sq ft Land size:ԝ2,080 sq ft Built-up: 1,073 sq ft Bedroom: 4 Bathroom: 3 Bedroom: 3 Bathroom: 2 Bedroom: 3 Bathroom: 2

Kheng Fatt (REN 04422) Kim Quah (REN 00097) Lim Chee Leng (PEA 1158) Mohd Faiz (REN 04003) CHESTER PROPERTIES SDN BHD (E (1) 1321/15) MAXLAND REAL ESTATE AGENCY (E (3) 0769) REJEY PROPERTIES (E (3) 0255) TRUE VEST PROPERTY CONSULTANTS SDN BHD +6012 329 6931 +6016 336 6361 +6016 336 0661 (VE (1) 0249) +6013 308 3063

SOLD FOR RM1.553 million (around RM597 psf) Condo unit, 9 Bukit Utama, , Petaling Jaya, Selangor Concluded by: Low Yean Ching (REN 14267) of Maxland Real Estate Agency (+6012 280 0060) When: June 2019 RM710,000 RM850,000

SS 3, Kelana Jaya, Selangor Developed by Bandar Utama asking price. The buyer was Lido Residency, Cheras, Type: Terraced house Tenure: Freehold Noteworthy Development Sdn Bhd, happy to purchase a well- Kuala Lumpur Built-up: 1,500 sq ft Land size:ԝ1,760 sq ft Type: Condominium Tenure: Leasehold • Freehold 9 Bukit Utama is a build- maintained, spacious and Bedroom: 4 Bathroom: 2 Built-up: 1,074 sq ft • 2,599 sq ft then-sell development in semi-furnished unit at below Bedroom: 3 Bathroom: 2 • High-ː oor unit the mature township of market price,” she said. Segar Xavier Kuppusamy (REN 04972) • Four bedrooms and Bandar Utama. Completed The Hong Kong buyer has Serene Ng (REN 02255) SQUARE FEET REAL ESTATE (E (3) 1547) ˎ ve bathrooms in 2010, the 7.5-acre freehold been searching for a home CENTRICITY REALTY (E (3) 178) +6014 338 3381 • Semi-furnished with condominium has 911 units in Malaysia for about 18 +6019 311 7892 kitchen cabinet, air- spread across three blocks. months. He viewed 13 units con, built-in wardrobes Unit built-ups range from before purchasing this one, and water heater 2,286 sq ft to 4,719 sq ft. All Low added. • Facilities: Gymnasium; units are semi-furnished The buyer also liked badminton, tennis with air-conditioning in every Bandar Utama for its many and basketball bedroom and living room, amenities and easy access courts; swimming pool; jogging track; built-in wardrobes and water to other places in the Klang multipurpose hall; heater, as well as kitchen Valley. playground; sauna and cabinets with hood and hob. According to EdgeProp. barbecue area According to Low Yean my data, there was no • 2km away from 1 Ching from Maxland Real transaction at 9 Bukit Utama Shopping Estate Agency, the negotiator Utama in 2018 and 2019. RM4,128,000 Centre, The Curve who concluded the deal, However, there were seven RM350,000 and IKEA Damansara, the seller had spent close to transactions in 2013 at an Bukit Bandaraya, Bangsar, next to The Club Bukit RM300,000 to renovate the average selling price of RM1.2 Sri Indah Apartment, Utama, 3km away to Kuala Lumpur unit, which included adding million or RM546 psf. , Selangor Dataran Sunway Type: Bungalow Tenure: Freehold a sound-proof ceiling and a As at end-October 2019, Type: Shoplot Tenure: 99 years Built-up: 4,000 sq ft Land size:ԝ6,280 sq ft • Easy access to the Built-up: 650 sq ft digital lock system. there were 16 sales listings Bedroom: 5 Bathroom: 4 Damansara-Puchong Expressway, New Klang “The deal was concluded on EdgeProp.my asking for Suzanne Shoo Kim Looi (E2069) Valley Expressway and by cash, so the seller did an average RM1.6 million or Terence Tih (REN 01644) GRIFFIN PROPERTIES (E (3) 1792) Persiaran Surian. not mind reducing the RM641 psf. TECH REAL ESTATE SDN BHD (E (1) 1537) +6016 248 1679 +6017 668 2669

RM600,000 RM1,850,000 RM2,500/mth RM995,000 Taman Nusantara Prima, Willow Park @ , Latitud 3, Petaling Jaya, Reː ection Residence, Nusajaya, Johor Selangor Selangor Mutiara Damansara, Selangor Type: Cluster house Tenure: Freehold Type: Link bungalow Tenure: Freehold Type: Condominium Tenure: Leasehold Type: Condominium Tenure: Freehold Built-up: 2,228 sq ft Land size:ԝ2,240 sq ft Built-up: 4,244 sq ft Land size:ԝ4,093 sq ft Built-up: 853 sq ft Bedroom: 2 Bathroom: 2 Built-up: 1,283 sq ft Bedroom: 3 Bathroom: 2 Bedroom: 5 Bathroom: 4 Bedroom: 6 Bathroom: 6

Usha Sha (REN 17124) Wennie Liew (REN 16099) Wilson Lim (REN 29646) Yat Min (REN 31294) GATHER PROPERTIES SDN BHD (E (1) 1536/3) IQI REALTY SDN BHD (E (1) 1584) ONE WSM PROPERTY SDN BHD (E (1) 1823) WTW REAL ESTATE SDN BHD (E (1) 0507/6) +6016 720 0135 +6012 233 3013 +6016 353 0201 +6018 661 3088