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Living Like Aristo-Cats in Catzonia

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Living Like Aristo-Cats in Catzonia TEP 2 FRIDAY MAY 5, 2017 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from TheEdgeProperty.com be completed by 2020, while the Ma- laysia-Singapore high-speed rail is targeted to be implemented by 2026. Ismail said there are no plans for a The Edge Property mass rapid transit or a light rail transit system in Iskandar Malaysia, for now. Malaysia MRCB to off er more residences at TODs Bandar Malaysia Malaysian Resources Corp Bhd agreement with IWH (MRCB), the master developer of I-Bhd plans new launches worth RM5.3 bil KL Sentral, sees rising demand for CREC lapses Property developer I-Bhd is plan- value (GDV) of RM123 million. residential properties at transit-ori- The master developer of Bandar Ma- ning to launch properties worth The indicative selling price for ented developments (TODs) by city Publisher and Group CEO laysia, TRX City Sdn Bhd, announced some RM5.312 billion from the the 200 IoT-ready serviced suites dwellers and aims to tap more into Ho Kay Tat on May 3 that the share sale agree- middle of this year, said its deputy is about RM1,000 psf, Eu said. this property segment. ment (SSA) with Iskandar Waterfront chairman Datuk Eu Hong Chew. In 2018, I-Bhd will be launching MRCB chief operating officer Holdings Sdn Bhd (IWH) and China The new launches in the pipeline Converge, which off ers two blocks of Kwan Joon Hoe said people’s per- Railway Engineering Corp (M) Sdn are all located in i-City, Shah Alam, residential towers and a smart offi ce ception towards the TOD concept Bhd (CREC) – who on July 21, 2016 namely Hill10 Residence, residen- development with a GDV of RM559 has changed as the public transpor- had assigned its benefits and re- tial and smart offi ce development million and RM230 million, respec- tation system in Malaysia progress- The Edge Property Sdn Bhd (1091814-P) sponsibilities to IWH CREC Sdn Bhd Converge, The Jewel mixed develop- tively. Subsequently, from 2019, es and matures. People also like the Level 3, Menara KLK, No 1 Jalan PJU 7/6, Mutiara Damansara, 47810 – regarding the sale of 60% of the ment, and a retail development, Eu the developer will roll out the retail convenience and accessibility that Petaling Jaya, Selangor, Malaysia issued and paid-up capital of Bandar told reporters after the company’s development with a GDV of RM470 transport hubs provide. Malaysia Sdn Bhd, has lapsed. annual general meeting on May 3. million and The Jewel – a mixed de- “Like in Japan and Hong Kong, According to a statement by TRX Targeted to be launched in June velopment worth RM3.9 billion that where people are used to commut- Th eEdgeProperty.com City, despite repeated extensions being this year is Hill10 Residence, an In- consists of a fi ve-star hotel, residen- ing using public transportation Managing Director/Editor-in-Chief granted, IWH CREC had failed to meet ternet of Things (IoT)-ready serviced tial tower, tourism hub, medical hub system, Malaysia is moving to- Au Foong Yee the payment obligations outlined in residences with a gross development and education institutions. wards that direction too,” he told EDITORIAL the Conditions Precedent under the TheEdgeProperty.com. Editor Lam Jian Wyn SSA. “As a result, the SSA between the circumstances and conduct of “We understand that it is important This is evident from the sales of Contributing Editor Sharon Kam the parties stands null and void with the parties in this matter”. to not only connect within the region the company’s Sentral Suites serviced Deputy Chief Copy Editor James Chong immediate eff ect,” said TRX City. “IWH CREC takes this matter very but also with Singapore,” said Iskan- apartment project, which is located Senior Copy Editor “TRX City will immediately be in- seriously and is at present reviewing dar Regional Development Authority across the road from the country’s Shanthi Murugiah viting expressions of interest for the the content of the termination notice (IRDA) CEO Datuk Ismail Ibrahim at the first TOD, KL Sentral, developed by Senior Writer Tan Ai Leng role of master developer of Bandar and press release with its advisors Second Marketplace Series of Forums MRCB. Soft-launched in January, it Writers Rachel Chew, Natalie Khoo, Shawn Ng, Lum Ka Kay Malaysia, with full ownership being and legal counsel,” it added. held on May 2 in Johor Bahru. has seen an encouraging booking rate Art Director Sharon Khoh preserved by the Ministry of Finance,” “We are at the last stage of dis- of over 700 units out of the 976 units Design Team Nurul Aida Mohd Noor, TRX City added. Johor-Singapore Rapid cussions to connect to Singapore off ered in phase one (Tower 1 and 3). Maisarah Ali In an immediate response, IWH Transit System by 2022 and, hopefully by 2020, the BRT (Bus Of that, a total of RM500 million For New Launches/Events/ CREC said it was concerned with the Rapid Transit) system in Johor will be has been confi rmed with buyers having Press Releases/News Tips content of the termination notice Discussions on the Johor-Singapore connected to Singapore’s transport signed sales and purchase agreements. email: [email protected] Tel: 03-7721 8211 Fax: 03-7721 8280 and the press release issued by TRX Rapid Transit System (RTS) are in the system,” he said, adding that the BRT MRCB is looking at launching the fi nal Email: [email protected] City, which, “given the factual matrix, fi nal stages. The RTS is targeted to system in Iskandar Malaysia should tower, Tower 2, by 3Q this year. does not fully and accurately refl ect begin operations by 2022. ADVERTISING & MARKETING Head of Marketing and Sales How do I get past issues of this weekly pullout? Sharon Chew (012) 316 5628 Senior Account Managers Go to TheEdgeProperty.com Cecilia Too (012) 319 7666 trending to download for free Jayne Law (016) 929 3309 Account Managers now Jayremy Sim (011) 1669 6039 Jocelyn Poo (012) 611 5626 Megan Chee (011) 2433 4363 Marketing Support & Ad Traffi c If you have any real estate-related events, email us at [email protected]. Madeline Tan (03) 7721 8218 LAUNCHES + EVENTS Events listed here will also appear on TheEdgeProperty.com. email: [email protected] Email : [email protected] NEGOTIATOR ADVISORY SERVICE Contact: (011) 1111 3333 Senior Manager Elizabeth Lay Organised by Mayland Properties, Th eEdgeProperty.com Senior Associate Stannly Tan this event will celebrate mothers How is the Mont’Kiara-Dutamas Associate Karen Wong with refreshments provided property market faring? For enquiries and listings at the venue. Homebuyers Find out the latest property price trends & insights FREE email: [email protected] can also take home an Ogawa Date: Sunday, May 21, 2017 TALK GL: (03) 7721 8175/ 8172 Imoda Chair if they purchase Time: 2PM-3PM Email: [email protected] Venue: 28 Dutamas 28, Jalan Dutamas Raya, Seats are a property with Mayland. 50480 Dutamas, Kuala Lumpur limited; fi rst- TheEdgeProperty.com pullout is EcoHill Home Fiesta Terms and conditions apply. Register at www.theedgeproperty.com come-fi rst- published by The Edge Property Sdn Date: May 6 and 7 (Sat and Sun) For enquiries, email [email protected] served basis Bhd. It is available with The Edge Bumiputera Financial Daily every Friday. The Time: 10am to 6pm pullout is also distributed at more Venue: Setia EcoHill Property Exhibition than 200 offi ces, shopping complexes, Welcome Centre, No 2, Jalan Date: May 5 to 7 (Fri to Sun) Organised by Mah Sing Group condos, medical centres, F&B outlets EcoHill 1, 43000 Semenyih, Time: 11am to 9pm Bhd and Firestation.fi t, Fire and LRT stations in the Klang Valley. You can also download it for free at Selangor Darul Ehsan Venue: Hall 3, Mid Valley in the Sky 2 returns, bigger www.TheEdgeProperty.com Contact: (03) 8724 2255 Exhibition Centre, Kuala Lumpur and grittier, with fi ve ultra- Exciting activities and games Contact: (03) 4142 1151 energetic classes running Th e Edge Malaysia await visitors at the EcoHill Organised by Medimesra simultaneously every hour. EDITORIAL Home Fiesta. Guests will also Care Management, this Tickets are priced at RM39.90 Editor-in-Chief Azam Aris get the chance to know the exhibition highlights projects nett and participants will have CORPORATE Setia EcoHill Community. Light from various developers that all-day access to the fi tness Chief Operating Offi cer Lim Shiew Yuin refreshments will be provided off er Bumiputera units. festival and a bunch of goodies. ADVERTISING & MARKETING Chief Commercial Offi cer and admission is free. Sharon Teh (012) 313 9056 Fire in the Sky 2: The Pacifi ca Exhibition General Manager Mother’s Day Ultra Fitness Festival Date: May 6 and 7 (Sat and Sun) tallest residential tower off ering Kingston Low (012) 278 5540 Celebration with Mayland Senior Sales Managers Date: May 20 (Sat) Time: 1pm to 7pm apartments over 54 levels with Fong Lai Kuan (012) 386 2831 Date: May 6 (Sat) Time: 12pm to 10pm Venue: Malaya 4, Level 1, The views overlooking the Auckland Gregory Thu (012) 376 0614 Time: 12pm to 4pm Venue: Icon City, 1, Jalan Westin Hotel KL, 199, Jalan skyline and its iconic harbour. Kamalesan Parama (012) 394 4855 Michael Tan (012) 213 0252 Venue: Level 1, Checkers Cafe SS8/2, Sungai Way, Petaling Bukit Bintang, Kuala Lumpur The developer from Auckland Creative Marketing @ Dorsett Kuala Lumpur, Jaya, Selangor Darul Ehsan Contact: (012) 770 3933 will be here to conduct private Chris Wong (016) 687 6577 172, Jalan Imbi, Bukit Contact: (012) 354 0023 CBRE WTW is organising a preview sessions with clients.
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