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Seri Negara Are Both Registered As Heritage Building EP 2 FRIDAY SEPTEMBER 21, 2018 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my Taman Midah folk want City Hall to Draft Penang Structure Plan 2030 halt development on green lung displayed for public feedback Residents in Taman Midah, Cheras, Kuala Lumpur want the authorities The draft of the Penang Structure to be “collated, scrutinised and to halt a mixed-use development on Plan 2030 (PSP 2030) is currently considered”, said state housing, a green lung in their area. on display for two months starting town, country planning and local They have been complaining on Sept 18 at Level Three, Komtar, government committee chairman about the proposed development Penang Island and at the Seberang Jagdeep Singh Deo. since last year and they now hope Perai Municipal Council (MPSP) on The PSP 2030 is an update of the new administration in both Pu- the mainland. the PSP 2020 which was gazetted trajaya and Kuala Lumpur City Hall The public display period which in 2007, and serves to determine (DBKL) will now heed their cries for is twice the time period required by the type of development projects the project to be stopped. law will enable the state govern- allowed in Penang as well as out- News reports described the pro- ment to receive even more feed- line its development plans until ject as comprising two 50-storey back, suggestions and critiques 2030. office blocks on a 0.975 ha land. The Edge Property Sdn Bhd (1091814-P) There will also be 1,319 apartment Level 3, Menara KLK, units and an eight-storey car park. the project aims to draw rich yacht Board (HDB) had on Friday (Sept In its fi rst fi nancial quarter end- No 1 Jalan PJU 7/6, Mutiara A look at the Draft Kuala Lum- owners from across the globe, 14) announced the provisional ten- ed July 31, 2018 (1QFY19), Glomac’s Damansara, 47810 Petaling Jaya, Selangor, Malaysia pur City Plan 2020 shows the area said UEM Sunrise chief operating der results, after the tender closed net profi t dropped 31.6% to RM1.01 has been earmarked as an open officer Datuk Roslan Ibrahim. The on that day. million from RM1.47 million a year EdgeProp.my space. project is targeted for completion in The land has been earmarked ago, mainly due to the completion June 2020. for a planned executive condomini- of certain phases of Saujana KLIA Managing Director/Editor-in-chief Au Foong Yee UEM Sunrise to um development, the statement said. in Sepang, Selangor in the pre- launch ˎ rst private Gamuda conˎ rms vious financial year and lower EDITORIAL JV submitted Glomac plans RM1b construction activities during the Executive Editor Sharon Kam marina project in quarter under review. Quarterly Editor Lam Jian Wyn highest bid for worth of launches Deputy Chief Copy Editor southern Malaysia revenue also fell 40.1% to RM57.61 James Chong Singapore land Glomac Bhd targets to step up the million from RM96.22 million a Copy Editor Vanessa Gnanasurian by year-end Senior Writers Gamuda Bhd confirmed the ten- pace of new launches to capitalise year ago. Rachel Chew, Tan Ai Leng UEM Sunrise Bhd will be launching der submitted by its wholly-owned on improved consumer sentiment. “The property sector is expect- Writers the fi rst private marina in southern subsidiary Gamuda (Singapore) Pte “Upcoming launches in FY19 ed to remain challenging as slow Natalie Khoo, Shawn Ng Art Director Sharon Khoh Malaysia by year-end. Ltd, jointly with Evia Real Estate totalling RM1 billion will remain wage growth and tight lending pol- Design Team It will be located in Iskandar Pte Ltd for a 51,411.9 sq m (5.14ha) in the mid-market and aff ordable icies continue to impact sales. That Jun Kit, Rajita Sivan Puteri, Johor and jointly developed land parcel in Singapore’s Anchor- segments while the landed resi- being said, the group is hopeful For New Launches/Events/ with SGX-listed marina developer, vale Crescent site, has emerged as dential projects in townships such that the strong suite of mid-mar- Press Releases/News Tips operator and integrated marina the highest bid at S$318.89 million as Saujana Perdana in Sungai Bu- ket and affordable product of- email: [email protected] consultant SUTL Enterprise Ltd (RM963 million). loh, Selangor and Saujana Jaya in ferings will appeal to millennial Tel: (03) 7721 8211 Fax: (03) 7721 8280 (best known for its ONE 15 brand In a statement to Bursa Malay- Kulai, Johor is expected to sustain buyers which make up the largest ADVERTISING & MARKETING of marinas). sia on Sept 18, Gamuda said Sin- steady sales,” it said in a statement first-homebuyer demographic,” Associate Account Director, Reported to cost RM150 million, gapore’s Housing & Development recently. Glomac said. Advertising & Marketing Heidee Ahmad (019) 388 1880 Senior Account Manager Ian Leong (012) 359 1668 Account Managers trending How do I get past issues of this weekly pullout? Joane Tan (012) 377 2885 Go to www.EdgeProp.my to download for free Evelyn Chan (012) 383 7484 now Marketing Support & Ad Trafˎ c Madeline Tan (03) 7721 8218 email: [email protected] If you have any real estate-related events, email us at [email protected]. BUSINESS DEVELOPMENT LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. Manager Nimalen Parimalam Account Manager Stannly Tan Hi-Tech Industrial Park, Greenˎ eld Residence Time: 11am to 6pm PRODUCT DEVELOPMENT & CUSTOMER ADVISORY Subang Jaya, Selangor Mid-Autumn Festival Venue: Sunway Serene, Senior Manager Elizabeth Lay Contact: (1700) 81 8887 Date: Sept 23 (Sun) Jalan SS8/2, SS7, Petaling Associate Omar Nawawi The second edition of Subang Time: 11am to 5pm Jaya, Selangor. For enquiries and listings Hawker Fare is back with more Venue: Greenfi eld Residence Contact: 1-300-88-0011 email: [email protected] popular delights at Tropicana Sales Gallery, Jalan PJS 8/15, Sunway Property welcomes all Tel: (03) 7721 8174 / 8173 Metropark. Register online for a Bandar Sunway, Selangor to celebrate the Mid-Autumn EdgeProp.my pullout is published free voucher to enjoy delicious Contact: (03) 7499 2066 Festival at Sunway Serene. by The Edge Property Sdn Bhd. It is rojak, chicken rice and ice kacang. Cicet Asia Development invites Guests get to indulge in an available with The Edge Financial Gamuda Cove Experience all to celebrate the Mid- array of delicious mooncakes Daily every Friday. The pullout is also distributed at more than Gallery opening Autumn Festival at Greenfi eld and ice cream, as well as 200 ofˎ ces, shopping complexes, Date: Sept 23 (Sun) Residence sales gallery and the chance to enjoy great condos, medical centres and F&B outlets in the Klang Valley. You can Time: 10am to 8pm enjoy fun activities, refreshments, property purchase deals with also download it for free at Venue: Gamuda Cove Experience TV show “Money Money rewards of up to RM150,000. www.EdgeProp.my Gallery, 1A, 2A & 3A, Jalan Home” and a performance USJ 10/1H, Pusat Perniagaan by Malaysia’s Mr Bean. Blood Donation USJ 10, UEP Subang Jaya and Free Eye Check Th e Edge Malaysia (USJ Taipan), Selangor Preview of Anggerik Date: Sept 22 (Sat) Contact: (03) 9212 3073 Preview of Daintree @ Nilai Impian Time: 9.30am to 3pm Publisher and Group CEO Ho Kay Tat Gamuda Land is introducing Residence, Singapore Date: Sept 22 (Sat) Venue: Bukit Puchong Gallery, its latest township project Date: Sept 22 & 23 (Sat & Sun) Time: 10am to 5pm Lot 59244, Jalan BP 7/15, Bandar EDITORIAL Gamuda Cove this weekend Time: 11am to 5pm Venue: Nilai Impian Sales Gallery, Bukit Puchong, Selangor Editor-in-chief Azam Aris CORPORATE in conjunction with the grand Venue: Setia International Jalan Nilai Impian 3, Nilai Contact: (03) 8068 3388 Chief Operating Ofˎ cer opening of its experience gallery Centre. Lot 215, Pantai Baru, Impian, Nilai, Negeri Sembilan Contribute to a good cause by Lim Shiew Yuin located in USJ Taipan. The event Jalan Bangsar, Kuala Lumpur Contact: (06) 794 8383 donating blood at the AYER ADVERTISING & MARKETING Chief Commercial Ofˎ cer will feature an acrobatic lion Contact: 1-300-13-2255 Anggerik is the latest Blood Donation Drive organised Sharon Teh (012) 313 9056 dance, a magic show and mid- S P Setia Bhd is holding a residential phase of Sime by AYER Holdings Bhd. You can General Manager autumn fusion food delights. preview of its luxurious Daintree Darby Property’s Nilai Impian also enjoy Kingston Low (012) 278 5540 Residence development township development, complimentary Senior Sales Managers Fong Lai Kuan (012) 386 2831 Subang Hawker Fare 2.0 in Singapore. Purchasers comprising 142 freehold eye checks Gregory Thu (012) 376 0614 Date: Sept 22 & 23 (Sat & Sun) stand a chance to win double-storey linked homes. courtesy of Creative Marketing Time: 11am to 4pm S$318,000 with the Setia 318 Tun Hussein Chris Wong (016) 687 6577 Mid-Autumn Head of Marketing Support Venue: Tropicana Metropark Celebration Draw campaign Onn National & Ad Trafˎ c Property Gallery, No 1, and can enjoy a guaranteed Festival celebration Eye Hospital Lorraine Chan (03) 7721 8001 Jalan Delima 1/1, Subang win in a mystery draw. Date: Sept 22 & 23 (Sat & Sun) at the event. FRIDAY SEPTEMBER 21, 2018 • THEEDGE FINANCIAL DAILY EP 3 EP 4 FRIDAY SEPTEMBER 21, 2018 • THEEDGE FINANCIAL DAILY NEWS Desa Putra Condo residents protest high-density development next door PICTURES BY LOW YEN YEING | EdgeProp.my BY TAN AI LENG Quantum Acres Sdn Bhd —the same devel- oper that built Desa Putra Condominium— KUALA LUMPUR: Members of the Desa had held a briefi ng with residents about the Putra Condominium Resident Association project at end-August.
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