DOCSLIB.ORG

A Jewel in a Rare Opportunity to Own a Slice of Penang’S Exclusive New PENANG Development Beckons

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
A Jewel in a Rare Opportunity to Own a Slice of Penang’S Exclusive New PENANG Development Beckons LISTINGS . NEW LAUNCHES . NEWS . DATA . ANALYTICS A PULLOUT EVERY FRIDAY WITH Th eEdgeProperty.comPP 9974/08/2013 (032820) FRIDAY, JUNE 10, 2016 . ISSUE 2186/2016 ONLINE + OFFLINE A jewel in A rare opportunity to own a slice of Penang’s exclusive new PENANG development beckons Another prestigious project by TEP J2 FRIDAY JUNE 10, 2016 • THEEDGE FINANCIAL DAILY FRI ADVERTORIAL Indulging in P ind tion in M tion THE BEST Her com por that money can buy roa and Inte adv the hig alm als IKE Pen Pen com by of 6 he 26-acre, guarded Kensington Gardens Above: Jesselton lots forms Parcel 1 of the larger 58-acre Villas is located cou Jesselton Villas which is being developed next to the Penang by Berjaya Land Development Sdn Bhd, Turf Club loc Ta wholly-owned subsidiary of Berjaya Tow Land Bhd. and Neighbouring the prestigious Penang Turf Club Jes and affl uent neighbourhoods of Western Gardens, Tik Jesselton Heights and Pulau Tikus, Kensington Gardens will contain a total of 69 freehold bungalow dist lots with sizes ranging from 5,995 sq ft to 9,634 sq ft prim (average of 6,903 sq ft), situated on elevated ground Clockwise a u that enhances the view. from left : tan Its gross development value (GDV) is RM321 Preserving nature; million, out of the total GDV of RM1.5 billion for Grand entrance ma Jesselton Villas. statement; (20 Kensington Gardens targets a specifi c group — suc- Dedicated drive Tow cessful people who seek a community of like-minded way to Kensington sof individuals ready to form a strong close-knit com- Gardens bou munity, a community where they can indulge in the stro pleasure of having the best that money can buy. natural terrain with minimal physical change. walkways and bicycle lanes safe for walking, jogging and to c This enclave’s greatest lure is undoubtedly the The enclave itself also boasts natural splendour. cycling. Specifi cally-designed driveways that encourage opportunity it off ers to owners to construct the home Kensington Gardens has its very own landscaped fea- slower traffi c will enhance safety and provide a safe psf of their dreams personally tailored to suit their tures which are themed Terrace, Ridge, Turf and Lake- neighbourhood for children to play in. by needs based on designs provided by their architect. side that form open public spaces merged with Mother At Kensington Gardens, security is of utmost impor- ave As each bungalow will boast its own unique iden- Nature. These themed parks are purposely designed to tance and residents can enjoy greater peace of mind with Geo tity, this exclusive bungalow lot development will promote a wholesome lifestyle living concept where the 24-hour security patrols, CCTV cameras as well as exude class and value. residents can solidify their community relationships ie. guard posts at the main entrances. The development will ave Kensington Gardens also off ers an outstanding children’s playground, jogging track, adventure trails etc. be completed with the most sophisticated infrastructure low view — a panoramic stretch of lush greenery as Kensington Gardens emulates the fi ner elements of ready for connection within the plot boundary. hom far as the eye can see, stretching from the pristine communal living features. The development makes the Basic infrastructure ready for connection within wh hillside jungles in the distance to the landscaped best use of space, walkability and connectivity through the plot boundary include 40ft and 50ft wide internal nou parks and trails with shady tree-lined boulevard generous green belts, mirroring the place-making strat- roads, street lights, underground in-coming power is R where Kensington Gardens is tranquilly nestled. egy that has transformed places such as Copenhagen, cables, underground telecommunication cables and RM One of the unique features of the development is Stockholm and Amsterdam into the sustainable cities fi bre-to-the-home (FTTH), all of which are features that it has been designed according to the existing that they are today — where communities live and com- desired by elite home owners to enable a comforta- ate municate freely, safely and seamlessly. ble lifestyle. In its current state, 40% of Kensington The holistic and sustainable design Gardens’ construction works is already complete and ave approach boosts Kensington Gardens’ in- it should be fully completed by mid-2017. psf vestment potential and it is anticipated to Unlike other high-end developments, Kensington dep not only become a prominent residential Gardens off ers the convenience of dual access points RM landmark in Penang but also a standard via its own greenery-lined driveway from Jalan Brook against which future high-end residential and Jalan Batu Gantong. sem projects will be measured. Its location gives it added value and enhances its — m To ensure environment sustainability, desirability because only a few minutes’ drive away gal the development has been conceptualised lies every city convenience imaginable, from hospi- with design features that complement the tals, specialist centres, and international and local The natural terrain and minimise physical schools to major lifestyle malls and F&B hotspots. al y change. Additionally, the developer has The Penang International Airport, Penang Bridge, Gur assumed the responsibility to transplant George Town and Batu Ferringhi are all located within more than 300 matured trees from the site a 30-minute drive. the to minimise the carbon footprint. Apart from having excellent connectivity to modern wh In accordance with the Penang State conveniences, Kensington Gardens is perfect for those ren Government’s healthy living initia- who love nature, as a stone’s throw away are the two tive, upon completion, the Kensington largest natural green spaces of George Town — Penang gal Gardens enclave will feature ample spaced Municipal Park and The Penang Botanic Gardens. typ FRIDAY JUNE 10, 2016 • THEEDGE FINANCIAL DAILY TEP J3 enang island is known as “The Pearl of the Orient” for a good reason. Penang’s natural beauty and exotic heritage The luxurious Kensington make it a thriving tourist destination. guarded enclave of Houses of worship, pre-war colonial Kensington Gardens Gardens buildings, modern skyscrapers and an is strategically Pindustrial base enrich its amalgamated heritage. located in Penang George Town, Its capital George Town also has the distinc- Penang Island tion of being ranked as the “Most Liveable City” in Malaysia by global consultancy ECA Interna- tional Location Ratings, and it is also a “World Heritage Site”. Penang’s value is set to only shoot up upon Penang completion of the RM27 billion Penang Trans- Turf Club 26 portation Master Plan, which will include major acres roads, trams, e-bus, a pan-island expressway Only and the LRT linking Komtar with the Penang International Airport. If that’s still not enough to convince you of the 69 wFreehold bungalow lots advantage of owning a property on Penang island, w Individual titles then let’s talk in terms of investment potential. from Penang has not only topped the charts for the 5,995 to highest foreign direct investment (FDI), controlling 9,634 almost 20% of Malaysia’s total FDI but the island sq ft also has several major foreign investors, such as 8sen psf maintenance fee Average size: IKEA, Bosch Solar Energy, RIM Blackberry and 6,903 sq ft Penang International Technology Park. Due to land scarcity, landed properties on Penang island are also becoming harder to Completion date is years come by. 3 from sale and purchase Amid this scarcity arises a unique opportunity agreement signing by the name of Kensington Gardens consisting of 69 freehold bungalow lots. These bungalow lots are most likely the last of their kind that could be found on Penang island. This luxurious guarded enclave is strategically located within the western boundaries of George SOURCE: NAPIC Town, with the Penang Turf Club towards its right and close to affl uent neighbourhoods such as Jesselton Heights, Western Gardens and Pulau Property values Tikus. Prominently positioned in George Town’s most in George Town distinguished residential neighbourhood, it is a prime investment opportunity for those seeking (average price RM psf) a unique asset whose values will only grow in tandem with its increasing scarcity. 800 Bungalow According to the National Property Infor- Semi-detached mation Centre (Napic), over the last four years 700 (2012 to 2015) prices of bungalows in George Town had increased by 41.2%, with a slight softening of values in 2014. However, values 600 bounced back with these properties recording strong appreciation in 2015, which is expected 500 to continue in 2016. Looking at year-on-year data, average price 400 psf was down by 8.7% in 2014 and was up again 2012 2013 2014 2015 by a whopping 53.6% in 2015. This brought average transacted values of bungalows in Kensington 600 George Town to a four-year high of RM788 psf. In the fi ve areas analysed, data shows that the 558 562 average price between 2012 and 2015 for bunga- 400 461 467 lows is slightly higher than that of semi-detached homes, with the exception of Persiaran Gurney, Gardens 200 while in George Town the diff erence is quite pro- nounced — the average price psf for bungalows 0 is RM605 while semi-dees commanded only — the perfect choice for 2012 2013 RM459 psf. Average price psf for bungalows has appreci- real estate investment Bungalow ated in all areas except Jelutong in the past year. Semi-detached Jelutong shows a 46.8% depreciation in average price psf for bungalows from RM577 psf in 2014 to RM307 psf in 2015 and a 16.22% depreciation for semi-dees from RM487 psf to SOURCE: THEEDGEPROPERTY.COM LISTINGS RM408 psf.
Load more

Recommended publications
  • IGB CORPORATION (IGB MK, IGB.KL) 6 January 2012
    PROPERTY IGB CORPORATION (IGB MK, IGB.KL) 6 January 2012 Emerging from the value trap! Company report BUY Benny Chew, CFA/ Nik Ikhwan (Upgraded) [email protected] +603 2036 2299 Rationale for report: Company Update Price RM2.49 Investment Highlights Fair Value RM3.50 52-week High/Low RM2.66/RM1.76 • We are upgrading IGB Corporation (IGB) from HOLD to Key Changes BUY, and raised our fair value from RM2.30/share to Fair value RM3.50/share based on a 22% discount to our NAV of EPS unchanged RM4.50/share. YE to Dec FY10 FY11F FY12F FY13F • IGB is distinctively undervalued (consensus NAV: RM3.80- RM4.80) despite its portfolio of prime properties. But, the Revenue (RMmil) 719.4 723.8 790.1 823.5 lack of proactive initiatives to crystallise its deep- Core net profit (RMmil) 174.3 171.9 182.3 187.0 EPS (Sen) 11.7 11.4 12.1 12.4 embedded value has engendered a ‘value trap’ stigma. EPS growth (%) 9.7 (2.1) 5.8 2.6 This would soon change, we believe. Consensus EPS (Sen) 13.1 14.5 15.5 DPS (Sen) 2.5 2.5 2.5 2.5 • Triggered by the high implied capital values evident in the PE (x) 21.4 21.8 20.6 20.1 recent listing of Pavilion REIT and CapitaMall Trust and a EV/EBITDA (x) 11.3 12.0 11.0 10.7 flat interest rate cycle, IGB may be moving to optimise the Div yield (%) 1.0 1.0 1.0 1.0 ownership structure of its prime properties by embracing ROE (%) 5.6 5.2 5.2 5.1 Net Gearing (%) 10.0 6.3 11.7 9.2 REITs as tax-efficient vehicles to house its assets.
    [Show full text]
  • Kuala Lumpur, Malaysia's Dazzling Capital City
    CONTENTS 4 DOING THE SIGHTS 38 SENSATIONAL SHOPPING 5 Prestigious Landmarks 39 Shopping Malls 6 Heritage Sites 42 Craft Centres 10 Places of Worship 43 Street Markets and Bazaars 12 Themed Attractions 44 Popular Malaysian Souvenirs 14 TROPICAL ENCLAVES 45 EATING OUT 15 Perdana Botanical Gardens 46 Malay Cuisine 16 KLCC Park 46 Chinese Cuisine 17 Titiwangsa Lake Gardens 46 Indian Cuisine 17 National Zoo 46 Mamak Cuisine 17 Bukit Nanas Forest Reserve 47 International Cuisine 47 Malaysian Favourites 18 TREASURE TROVES 49 Popular Restaurants in KL 19 Museums 21 Galleries 52 BEYOND THE CITY 22 Memorials 53 Kuala Selangor Fireflies 53 Batu Caves 23 RELAX AND REJUVENATE 53 Forest Research Institute of Malaysia 24 Spa Retreats (FRIM) 25 Healthcare 54 Putrajaya 54 Port Dickson 26 ENTHRALLING PERFORMANCES 54 Genting Highlands 27 Premier Concert Halls 55 Berjaya Hills 27 Cultural Shows 55 Cameron Highlands 28 Fine Arts Centres 55 Melaka 29 CELEBRATIONS GALORE 56 USEFUL INFORMATION 30 Religious Festivals 57 Accommodation 31 Events and Celebrations 61 Getting There 62 Getting Around 33 ENTERTAINMENT AND 65 Useful Contacts EXCITEMENT 66 Malaysia at a Glance 34 Theme Parks 67 Saying it in Malay 35 Sports and Recreation 68 Map of Kuala Lumpur 37 Nightlife 70 Tourism Malaysia Offices 2 Welcome to Kuala Lumpur, Malaysia’s dazzling capital city Kuala Lumpur or KL is a modern metropolis amidst colourful cultures. As one of the most vibrant cities in Asia, KL possesses a distinct and charming character. Visitors will be greeted by the Petronas Twin Towers, a world-renowned icon of the country. The cityscape is a contrast of the old and new, with Moorish styled buildings standing alongside glittering skyscrapers.
    [Show full text]
  • For Rent - Kenanga Point, Pudu, KL City, Kuala Lumpur
    iProperty.com Malaysia Sdn Bhd Level 35, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur Tel: +603 6419 5166 | Fax: +603 6419 5167 For Rent - Kenanga Point, Pudu, KL City, Kuala Lumpur Reference No: 100508878 Tenure: Freehold Address: Jalan Gelugor, Pudu, 55100, Occupancy: Vacant Kuala Lumpur Furnishing: Partly furnished State: Kuala Lumpur Unit Type: Intermediate Property Type: Condominium Land Title: Residential Rental Price: RM 1,700 Property Title Type: Strata Built-up Size: 865 Square Feet Posted Date: 27/06/2021 Built-up Price: RM 1.97 per Square Feet Facilities: BBQ, Parking, Playground, No. of Bedrooms: 3 Squash court, Tennis court, No. of Bathrooms: 2 Gymnasium, Swimming pool, Name: Andrew Neoh 24-hours security, Jacuzzi, Company: Pillai Tech Property Sauna, Wading pool Email: [email protected] Kenanga Point, Pudu, Bukit Bintang for rent Address : Pudu, 55200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur -865 sf -3R2B -Block B -Lower Floor -one car park -Nearly fully furnished: fridge, 2 unit aircon, 4 fans, master room furnitures, washing machine, dining table and so on -Good condition unit, ready to move in 1) Easy access to Jalan San Peng which is connected to Jalan Loke Yew and Jalan Maharajalela. 2) Near to Hang Tuah monorail, Pudu LRT station 3) Short distance to Opposite of Kenanga Wholesale City, Berjaya Time Square and Bukit Bintang 4.... [More] View More Details On iProperty.com iProperty.com Malaysia Sdn Bhd Level 35, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur Tel: +603 6419 5166 | Fax: +603 6419 5167 For Rent - Kenanga Point, Pudu, KL City, Kuala Lumpur.
    [Show full text]
  • Lot CPI 22, Contact Pier International 2 Oldtown White Coffee (Genting Highlands) B5, Taxi Stand Resort Hotel, 3 Oldtown White Coffee (Kuching Airport) Lot No
    No Name Address 1 OldTown White Coffee (KLIA) Lot CPI 22, Contact Pier International 2 OldTown White Coffee (Genting Highlands) B5, Taxi Stand Resort Hotel, 3 OldTown White Coffee (Kuching Airport) Lot No. L1L13, Public Concourse, Arrival Level, 4 OldTown White Coffee (KKIA) Lot No. L1L05, Level 1, Arrival Landside (Terminal 1, ETB), 5 OldTown White Coffee (Labuan Airport) Lot No. T1L1 MTB 2, Arrival Level, 6 OldTown White Coffee (CIMB, KLIA) Lot No. MTDB S4, Departure Level, Main Terminal Building, 7 OldTown White Coffee (Langkawi Airport) Lot Fh02 Food Hall Level 1 Departure Hall (Landside) 8 OldTown White Coffee (Gateway, KLIA2) Unit L3-27, 28 & 29, Level 3 (Departure Level), Gateway@KLIA2, 9 OldTown White Coffee (Arrival Area, KLIA2) Lot No. S2-2-1C05, Arrival Level, Public Concourse, 10 OldTown White Coffee (Subang Parade) Lot LGC17, Lower Ground Floor, Subang Parade Shopping Centre, 11 OldTown White Coffee (IPC Damansara) Lot No. L2 16, Level 2, IPC Shopping Centre, 12 OldTown White Coffee (Langkawi) Zone 3, Lot 8 & 9, 13 OldTown White Coffee (Kota Kemuning) No.8 Jalan Anggerik Vanilla S31/S, 14 OldTown White Coffee (Bandar Kinrara) No.1-0 & 3-0, Jalan BK 5A/3A, 15 OldTown White Coffee (Central Market) Lot.3.01 & 3.07, 1st Floor, 16 OldTown White Coffee (Giant Plentong) Lot No.R134, Giant Hypermart Plentong, 17 OldTown White Coffee (Syopz Taylors) Lot LG 2-2 & LG 2-3, Syopz Taylors Lakeside Campus, 18 OldTown White Coffee (Ipoh) Lot 37499, Jalan Dato Lau Pak Kuan, 19 OldTown White Coffee (Taman Permata, KL) No.1, Persiaran Permata,
    [Show full text]
  • IOT and Indoor Localization
    IOT and Indoor Localization Dr. David Chieng Wireless Innovation Lab MIMOS, Berhad Malaysia Content • IoT • Location, the missing context? • Motivations for getting indoor • Wireless indoor positioning techniques • Deployment approaches • MIMOS Indoor Location Platform • Research challenges & potential solutions • Conclusions 2 ASEAN RISE 2016, Hanoi IoT • Billions of devices around us • Billions worth of market opportunities? Wireless Access Operations Applications/ Sensor Networks Management Services Networks Markets and Markets, Nov 2014 • Smart home, smart office, smart health, smart manufacturing, smart retail, etc Indoor 3 ASEAN RISE 2016, Hanoi Location, the Missing Context? • Intelligent = Context-aware • 5 elements of context: Who, What, Why, When and WHERE • Typical context-aware IoT applications. E.g. – Play my favourite music(what) when I enter my(who) bedroom (where) – Call nearest(where) person(who), when home alarm(what) triggered – When did Johnny(who) reach/left school(where)? • In indoor environment, the “where” is largely missing – 80% people are indoor, 80% of the time…. 4 ASEAN RISE 2016, Hanoi What can Location Info offer for IoT? • With location awareness, a more meaningful interactions between human, things, events and location can take place • Semantic positioning – beyond geo spatial info. Deriving user’s position & action through IoT sensing • Such a rich set of contextual info can be translated to a wide range of innovative location-based applications: – Trigger services based on what user is doing? – Advertise based on user’s state? 5 ASEAN RISE 2016, Hanoi Motivations for Getting Indoor • Buildings getting higher, shopping malls getting bigger • “ABI Research forecasted that total indoor location revenues will reach US$10 billion in 2020, driven primarily by BLE Beacons and advertising”, May 2015.
    [Show full text]
  • Grand Contest Outlet Participants List
    Grand Contest Outlet Participants List Central (CR1) No Outlet Name Address 1 MFC Food World Lot 2-29, 2-40, Fahreinheit 88, N 179, Jalan Bukit Bintang, 55100 KL 2 S&M Food Court @ Plaza Metro Kajang Lot 4FL-A1, Plaza Metro Kajang, Jalan Tun Abdul Aziz, Section 7, 43300 Kajang 3 Food Arena Taste of Asia @ Berjaya Times Square Lot LG-23, West, Lower Ground, Time Square 4 Taste of Asia @ Tesco Extra Cheras Tmn Midah Food Court, Tesco Extra Cheras, No 2, Jalan Midah 2, 56000 KL 5 Spices of Malaysia @ The Mines L2_77/78, The Mines Shopping Fair, 43300 Seri Kembangan 6 Hot & Roll @ Klang Valley Block 2A, Suite 15-1, Plza Sentral, Jalan Stesen Sentral 5, 50470 KL 7 Hot & Roll Space U8 Mall G-K2,Grd Flr Space U8,6 Persiaran Pasak Bumi,Bkt Jelutong,Seksyen U8,40150 Shah Alam. 8 Hot & Roll Tesco Extra Shah Alam Promo area, Tesco Extra, 1 Persiaran Sukan,Seksyen 13,40714 Shah Alam 9 Hot & Roll Wangsa Walk Mall Lot GK-08,Grd Flr,Wangsa Walk Mall,9 Jln Wangsa Perdana 1,Wangsa Maju,53300 KL 10 Hot & Roll Plaza Metro Kajang Lot LG10B,Plaza Metro Kajang,Seksyen 7,Jln Tun Abdul Aziz,43000 Kajang 11 Hot & Roll AEON BIG Tun Hussien Onn G36, Grd Flr AEON Big, Bandar Tun Hussein Onn,Jln Surasa,43200 Cheras, Selangor 12 Hot & RollAEON Wangsa Maju Lot G17, Aeon Wangsa Maju, Jln R1,Seksyen 1,Bandar Baru Wangsa Maju,55300 KL 13 Hot & Roll The Curve Kg17, Ground Floor, The Curve, Mutiara Damansara, 47800 Petaling Jaya.
    [Show full text]
  • 1St Half 2011 REAL ESTATE HIGHLIGHTS Kuala Lumpur | Penang | Johor Bahru
    RESEARCH 1st Half 2011 REAL ESTATE HIGHLIGHTS Kuala Lumpur | Penang | Johor Bahru HIGHLIGHTS Kuala Lumpur • For high end condominiums, rental levels in KL City remained stable during the review period while KL City Fringe experienced a marginal drop despite robust purchaser interest. • The KL office market remained soft with both rental and occupancy levels trending downwards. Market sentiment remains tenant-favoured. • Notwithstanding forecasts for a lower growth rate in the retail sector, the local retail market continued to offer good prospects supported by strong economic fundamentals. • Despite a marginal dip in occupancy & average room rate, the hotel sector still performed admirably over 1H2011 thanks to a number of Government-led initiatives. Penang • In response to demand for landed housing in Penang, 3-storey terraced and semi-detached houses as well as high-end bungalows within exclusive gated and guarded enclaves are in the pipeline to be launched by various developers. • Penang–based electronics companies are set for a good year due to the growing global markets for consumer electronics and medical equipment. Johor • Catalytic projects at Medini and the supporting infrastructure works are in final stages of completion, thus enhancing the positive outlook of Iskandar Malaysia. • Further infrastructure improvements and investment in projects at Pengerang are expected to provide a boost to the economy / property market. 1st HALF 2011 REAL ESTATE HIGHLIGHTS Kuala Lumpur | Penang | Johor Bahru Kuala Lumpur High End Condominium Market Market Indications Many of the projects originally scheduled for completion in 1H2011 have experienced delays. These include: Regalia @ Sultan Ismail in KL City; The country’s economic momentum has remained sound, posting a GDP Brunsfield Embassyview in Ampang Hilir / U-Thant; Gaya Bangsar in growth rate of 4.6% in 1Q2011 (4Q2010: 4.8%).
    [Show full text]
  • Annual Report Annual
    PAVILION REAL ESTATE INVESTMENT TRUST INVESTMENT REAL ESTATE PAVILION ANNUAL REPORT 2014 REPORT ANNUAL Annual Report Pavilion REIT Management Sdn. Bhd. (Company Number : 939490-H) Level 10, Pavilion Kuala Lumpur, 168, Jalan Bukit Bintang, 55100 Kuala Lumpur T : +603 2118 8888 F : +603 2118 8889 E : [email protected] W : www.pavilion-reit.com 2014 PavillionCover(Final).indd 1 2/13/15 3:44 PM OVERVIEW 01 Vision, Mission and Investment Strategies 02 Corporate Information 04 Highlights 06 Message from the Chairman 08 Board of Directors What’s 12 Management Team 14 Salient Features of Pavilion REIT Inside 15 Pavilion REIT Structure BUSINESS REVIEW 16 Manager’s Report 17 Message from the CEO 19 Financial Highlights 22 Portfolio Details 25 Asset Enhancement Exercise 26 Highlights of the Year 27 Corporate Social Responsibility 29 Investors Relation and Fund Performance CORPORATE GOVERNANCE REPORT AND FINANCIAL STATEMENTS 31 Corporate Governance Statement 34 Nomination Committee Report 35 Audit Committee Report 38 Statement of Risk Management and Internal Control 39 Additional Information 42 Financial Statements 87 Analysis of Unitholdings 90 Market Overview 104 Glossary 105 Notice of Annual General Meeting Enclosed Proxy Form Disclaimer : This annual report, prepared by Pavilion REIT Management Sdn Bhd (“the Manager”) may contain certain forward-looking statements and is prepared based on the Manager’s current view of future events that may involve certain assumptions, risks and uncertainties. Unitholders and investors are advised that past performance does not necessarily signify its future performance. PavillionCover(Final).indd 2 2/13/15 3:44 PM VISION, MISSION AND INVESTMENT STRATEGIES The principal investment policy of Pavilion REIT is investing directly and indirectly, in a diversified portfolio of income producingreal estate used solely or predominantly for retail purposes (including mixed-use developments with a retail component) in Malaysia and other countries within the Asia-Pacific region as well as real estate related assets.
    [Show full text]
  • Property Portfolio (Cont'd)
    PROPERTY PORTFOLIO (Cont’d) TENANT MIX - MAB TENANT MIX - MAB MENARA AmBANK TENANT TRADE MIX ANALYSIS Location : No. 8, Menara AmBank Jalan Yap Kwan Seng 50450 Kuala Lumpur Description Of Property : 46-storey office building comprising of a 38-storey office tower block, a 1-level cafeteria and a 7-level car park Title Details : Title No. Geran 52468 Lot No. 140, Section 44 Town and District of Kuala Lumpur State of Federal Territory of Kuala Lumpur Tenure : Freehold Encumbrances : Nil Major Tenants BANKING & FINANCIAL INSTITUTIONS Year of Completion : 1997 OIL & GAS 1. AmBank Group TELECOMMUNICATION/ IT/ Age of Building : 13 years 2. Germanischer Lloyd (M) ELECTRONIC/BANKING & ELECTRICALFINANCIAL INSTITUTIONS Sdn Bhd FOODOIL && GASBEVERAGES Net Lettable Area : 458,522 sq ft 3. Acer Sales & Services CONSTRUCTIONTELECOMMUNICATION/ & REAL ESTATE IT/ ELECTRONIC/ ELECTRICAL Sdn Bhd HEALTH Existing Use : Commercial Office FOOD & BEVERAGES SURVEILLANCE & SECURITY CONSTRUCTION & REAL ESTATE Car Park : 795 bays SERVICES & OTHERS HEALTH Number of Tenants : 22 SURVEILLANCE & SECURITY CATEGORY SERVICES & OTHERSSQ FT % Acquisition Cost : RM230.16m Banking & Financial Institutions* 331,668 76.48 TENANCY RENEWAL PROFILE - MAB Latest Revaluation : RM292.50m Oil & Gas 37,260 8.59 Telecommunication/ It/ Electronic/ Date of Revaluation : 1 March 2010 TENANCY Electrical RENEWAL PROFILE - MAB 24,031 5.54 Services & Others 19,440 4.48 Occupancy Rate : 94.58% Food & Beverages 12,569 2.90 Gross Revenue : RM24.23m Construction & Real Estate 4,415 1.02 Health
    [Show full text]
  • Rhb Bank Berhad
    RHB BANK BERHAD Branch / Location of Contact Contact Number Region / State CBBC Branches Covered Tel No Fax No NORTHERN REGION Kedah Jalan Tunku Ibrahim Alor Setar Branch Jalan Bakar Arang Sungai Petani Branch 04-4248730 04-4248730 SUNGAI PETANI CBBC, Kuala Kedah Branch Business Centre Head Mergong Alor Setar Branch 1ST FLOOR 104, 105 & 106 Kangar Branch JALAN PENGKALAN, TAMAN Taman Pekan Baru Sungai Petani Branch PEKAN BARU, 08000 SUNGAI Pulau Langkawi Branch PETANI, KEDAH. Padang Serai Branch Jitra Branch Cawangan Sungai Petani Penang Lebuh Pantai Branch LEBUH PANTAI CBBC Jelutong Branch 04-2645842 04-2644395 Business Center Head Bayan Baru Branch 1ST FLOOR, NO 44 LEBUH Ayer Itam Branch PANTAI, 10300 PENANG Burmah House Branch Sungai Dua Branch PRAI CBBC 2784 & 2785 Jln Chain Ferry Prai Branch 04-3908997 04-3909161 Business Center Head Taman Semarak Kulim Branch 04-3909076 1st Floor, Butterworth Branch No 2784 & 2785, Jln Chain Jalan Raja Uda Branch TamanFerry, Inderawasih Sungai Bakap Branch 13600 Prai Bukit Mertajam Branch Cawangan Auto City-Prai Perak TAIPING CBBC Air Tawar Branch 05-2432860 05-2539280 Business Center Head Kuala Kurau Branch 05-2432864 1st Floor, 68 & 70 Jalan Kota Sungkai Branch 34000 Taiping, Perak Bagan Serai Branch Simpang Empat Hutan Melintang Branch Kuala Kangsar Branch Parit Buntar Branch Sitiawan Branch Taiping Branch Teluk Intan Branch IPOH CBBC Jalan Tun Sambanthan Ipoh Branch 05-2432860 05-2539280 Business center Head Kampar Branch 05-2432864 1st Floor, 2, 4, 6 & 8 Jelapang Branch Jalan Tun Sambanthan Gopeng
    [Show full text]
  • Mental Mapping Assessment of Loke Yew-Pudu Area, Kuala Lumpur
    ©2020 International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies http://TuEngr.com PAPER ID: 11A12I MENTAL MAPPING ASSESSMENT OF LOKE YEW-PUDU AREA, KUALA LUMPUR 1 1* 1 Adele Teo Yan Ni , Yasser Arab , Jestin Nordin , 1 2 Ahmad Sanusi Hassan , and Boonsap Witchayangkoon 1 School of Housing, Building & Planning, Universiti Sains Malaysia, MALAYSIA. 2 Department of Civil Engineering, Thammasat School of Engineering, Thammasat University, THAILAND. A R T I C L E I N F O A B S T R A C T Article history: This study investigates and identifies five main urban design Received 12 July 2019 Received in revised form 29 elements in Pudu of Jalan Loke Yew and an observation on the May 2020 architecture planning style of which the urban planning of the area falls Accepted 08 June 2020 into based on a Malaysian context. The research conducted by visiting Available online 20 June 2020 the site, observations, and open-ended interviews to understand the Keywords: area. Targeted interviewees are observers who frequently use this area. Urban design elements; Urban planning; The research findings show that this area has been developed to include Pedestrian movement; all the five main urban design elements, according to Lynch (1960). Mix land use; Pedestrian Several landmarks within this area are also identified. Issues touched on walkway; Town in this paper discuss the lack of free pedestrian movement, diversity in landmark. land use and people, no clear demarcation of all educational and religious districts and landmarks and nodes as wayfinding cues.
    [Show full text]
  • State Store No. Store Name WP 0120 BDR TUN RAZAK KL WP 0249
    State Store No. Store Name WP 0120 BDR TUN RAZAK KL WP 0249 WANGSA MAJU KL WP 0269 CONNAUGHT CHERAS KL WP 0604 BDR SRI PERMAISURI KL WP 1000 PASAR BORANG B.CAVES KL WP 1012 MENARA PGRM CHERAS KL WP 1026 WARISAN CITY VIEW KL WP 1198 TAMAN SRI BAHTERA KL WP 1267 F&N BUSINESS PARK KL WP 1443 BDR TSK SELATAN CHERAS KL WP 1639 CALTEX JLN CHERAS KL WP 1915 VIVA HOMES MALL KL WP 2090 DWITASIK 2 KL WP 2207 GAYA TMN MELAWATI WP 2216 WANGADELIMAW.MAJU KL WP 2279 KIP HOTEL, KUALA LUMPUR WP 2311 CALTEX TAMAN MELAWATI, KL WP 2331 MEDAN NIAGA TASIK DAMAI SG BESI KL WP 2350 SUNWAY VELOCITY, CHERAS WP 2412 RESIDENSI PV 21 SEL WP 2418 MAXIMCTLIGHTSENTULKL WP 2436 M CITY AMPANG KL WP 2450 SHAMELIN STAR KL WP 2549 KL TRADERS SQUARE KL WP 2595 ECO CHERAS MALL KL WP 2656 BOULEVARD PANDAN KL WP 2675 DAMAI HILLPARK KL WP 2813 SD RESIDENCE PSK WP 2818 M3 MALL PSK WP 2819 RESIDENSI AWANI 2 PSK WP 0091 TUN H.S. LEE KL WP 0277 PLAZA BERJAYA KL WP 0300 KL PLAZA KL WP 0333 BTS GROUNDFLR KL WP 0508 BANGUNAN LOKE YEW KL WP 0611 CAMPBELL KL WP 0833 BTS LG FLR KL WP 1058 WISMA COSWAY KL WP 1078 BTS 1ST FLR WEST KL WP 1165 JLN BULAN LOWYAT KL WP 1188 WISMA CENTRAL AMPANG KL WP 1209 JLN TAR 2 KL WP 1398 BGN KOPERASI POLIS KL WP 1533 LIFE CENTRE KL WP 1596 SKY EXPRESS HOTEL KL WP 1743 AVENUE K KL WP 1839 CENTRAL MARKET ANNEX KL WP 1934 SG WANG 2 KL WP 1935 SURIA KLCC KL WP 2014 WISMA BUKIT BINTANG KL WP 2041 KENANGA WHOLESALE GT KL WP 2086 D'MAJESTIC GT KL WP 2181 KH TOWER GT KL WP 2288 MENARA AA GOLDEN TRIANGLE KL WP 2323 THE ALCOVE TREC, CHERAS KL WP 2351 MNRA BANGKOK
    [Show full text]