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Make Better Decisions MAKE BETTER DECISIONS For more property news, go to www.theedgeproperty.com EVERY FRIDAY IN WATCH THE HIGHLIGHTS OF THE EDGE-MAH SING MILLIONAIRE CHALLENGE THIS SATURDAY AT theedgeproperty.com MAKE BETTER DECISIONS www.theedgeproperty.com FRIDAY AUGUST 28, 2015 EP4 FEATURE EP9 FEATURE EP10 HOME IDEAS Nail-biting fi nish to The Edge- Creating something special Island chic Mah Sing Millionaire Contest for landed home buyers TIME TO SHINE Th e affl uent enclaves of Tropicana and Sunway Damansara could be among the best places to live in Petaling Jaya upon the completion of the Surian MRT station, say real estate consultants. See story on ep6. PATRICK GOH/THE EDGE PROPERTY + FRIDAY AUGUST 28, 2015 • DIGITALEDGE DAILY EP2 PROPERTY | NEWS ON NEWS ROUNDUP Go to theedgeproperty.com for more listings in Alor Setar, Kedah, is set to open visibility for at least the next six at www.theedgeproperty.com its doors on Oct 1. to eight years, it said. Belleview Group managing di- Th e group also announced that rector Datuk Sonny Ho said the it had rescinded the purchase of shopping mall was expected to an 88.7-acre parcel in Puchong attract customers from Kedah, for RM656.9 million. Perlis and southern Th ailand. Ho said he was confi dent that Kwasa Land awards Project the mall, located directly oppo- R2-1 to Naza TTDI site the iconic Alor Setar Tower, Kwasa Land Sdn Bhd, the master Penang would be the desired retail, dining developer of Kwasa Damansara, secondary and entertainment destination for has awarded the residential 12.7- market housing northern Malaysians and south- acre Project R2-1 in the 2,330-acre ern Th ais. township to Naza TTDI Sdn Bhd, prices to rise According to Ho, the compa- Kwasa Land said in a statement ny is holding many pre-opening on Aug 26. Tropicana Metropark’s Seremban’s Suriaman 3 promotions in southern Th ailand Kwasa Land, a unit of the Em- third phase to be unveiled phase one launch scheduled to ensure Aman Central Mall and ployee Provident Fund, describes in October for mid-September Alor Setar Tower become major the land parcel as “extremely stra- Tropicana Corporation Bhd expects Matrix Concepts Holdings Bhd tourist attractions in Kedah. tegic” given that it is just 200m to unveil the fi rst commercial com- plans to launch Suriaman 3, a new With a GDV of RM500 million, away from the area’s commercial ponent for its integrated develop- phase in its Bandar Seri Sendayan Aman Central will house many district, where two MRT stations ment Tropicana Metropark in Oc- township in Seremban, Negeri fi rsts in Kedah, with brands such will be located. Kota tober, said Tropicana Corp head of Sembilan, in mid-September. as H&M, Uniqlo, Guess, Padini, “Th e independent evaluation Damansara marketing and sales Ung Lay Ting According to a spokesperson Starbucks, Pandora and Baskin panel has opined that the bid of- in a press statement on Aug 21. of the developer, Suriaman 3 is Robbins. fered a good net present value rises higher Th e commercial lots will be the a two-storey superlink project Ho said the mall would also return to Kwasa Land at approx- third phase of the RM7.2 billion, which comprises 385 units and have a special zone called “the imately RM88 million, or equiv- 88-acre freehold Tropicana Met- has a GDV of RM300 million. mini shop” for 60 local traders. alent to RM160 psf,” said Kwasa ropark in Subang Jaya, which is Th e superlink houses will have Land managing director Datuk being developed over fi ve phases. a built-up area of 2,766 sq ft, four Mah Sing revises sales Mohd Lotfy Mohd Noh. To date, Metropark’s fi rst phase, bedrooms and four bathrooms. target to RM2.3b for 2015 “Th e bid by Naza TTDI deliv- Pandora Serviced Residences, is Selling prices start at RM563,000. Mah Sing Group Bhd has revised ered on the desired criteria set 98% sold while the second phase, Among the project’s facilities its sales target for the year to by Kwasa Land. Th e independent Paloma Serviced Residences and are an Olympic-size swimming RM2.3 billion from RM3.4 billion evaluation panel is confi dent that Courtyard Villas, is 70% taken up. pool, a fully equipped gymnasi- amid a softer market, according to the proposed contemporary living Pandora Serviced Residences um and a 10-lane bowling alley a company statement on Aug 26. concept and the pricing strategy, was launched in 2013 and has a in the clubhouse. Due to weak economic condi- best meet market expectations,” gross development value (GDV) tions and housebuyers taking a he added. of RM365 million. wait-and-see approach, the com- Th e highlights of Naza TTDI’s It comprises 627 units of stu- pany expects the weak sentiment winning bid are a thematic park, The Edge Markets Sdn Bhd (1104546M) dio, 2-bedroom and 3-bedroom to last longer than the orginally contemporary designs, private Level 3, Menara KLK, No 1 Jalan PJU 7/6, apartments in a 25-storey tower. expected six to nine months. green courtyards and recreational Mutiara Damansara, 47810 Petaling Jaya, Th e units have a built-up area of For these reasons, Mah Sing club facilities. Selangor, Malaysia between 599 sq ft and 1,288 sq ft. has also scaled back the value of Th e developer had proposed a Pandora Serviced Residences will its launches to RM2 billion from gated community with residenc- Publisher and Group CEO Ho Kay Tat be completed in 2016. RM3.4 billion. es in clusters of four homes, with Paloma Services Residences The group notes that it has each unit enjoying an open corner Editorial For News Tips/Press Releases and Courtyard Villas has a GDV a “strong portfolio of projects” that enables generous daylight Tel: 03-7721 8219 Fax: 03-7721 8038 of RM465 million. It will comprise for its landbank, with a GDV of penetration and views, a feature Email: [email protected] two serviced residential towers RM26.4 billion, most of which Kwasa Land thought would be with a total of 587 units. Th e units are at the planning and intro- much sought-after by buyers. Senior Managing Editor Azam Aris Contributing Editor Sharon Kam have a built-up area of between ductory stage. Naza TTDI had also proposed Editor Rosalynn Poh 609 sq ft and 1,309 sq ft. Launch Mah Sing has unbilled sales to allocate over 1.8 acres for a cen- Deputy Editors E Jacqui Chan, prices start at RM650,000. Court- of RM4.8 billion, which means it tral park, a vehicle-free zone that Wong King Wai yard Villas consists of 16 duplex Aman Central mall opens in has a total remaining GDV and will be linked to the 42-acre Ur- Assistant Editor Lam Jian Wyn Senior Writer Racheal Lee units of between 2,400 sq ft and Alor Setar on Oct 1 unbilled sales of RM31.2 billion, ban Park — Kwasa Damansara’s Writers Zatil Husna Wan Fauzi, 2,674 sq ft. Th e Aman Central shopping mall providing growth and earnings largest park. Chai Yee Hoong, Rachel Chew, Hannah Rafee, Tan Ai Leng, Natalie Khoo Art Director Sharon Khoh If you have any real estate-related events, email us at [email protected]. Design Team Cheryl Loh, LAUNCHES & EVENTS Events listed here will also appear on theedgeproperty.com. Valerie Chin, Aaron Boudville, Aminullah Abdul Karim, Yong Yik Sheng, Tun Mohd Zafi an Mohd Za’abah, Noorain Duasa ft and 1,017 sq ft, with selling and cultural dances. Taman Seri Contact: (07) 861 0555 Developed prices starting at RM559,000, Impian is easily reached via Jalan by Yukong Development Pte Ltd, a Corporate or RM590 psf. The development Kluang–Bandar Tenggara and is subsidiary of I&P Group, Camwood Managing Director Au Foong Yee Deputy Managing Director has a recreational podium and a well connected to the proposed has 174 units of 2-storey terraced Lim Shiew Yuin host of modern lifestyle facilities. Kluang–Pasir Gudang Expressway. houses with a built-up area of All apartments are equipped between 1,710 sq ft and 2,006 sq ft. Advertising & Marketing with four air-conditioning The freehold gated development To advertise contact GL: (03) 7721 8000 units and two water heaters. is located in Ulu Tiram, Johor, Fax: (03) 7721 8288 19km from Johor Bahru. Chief Marketing Offi cer Merdekaraya Celebration Sharon Teh (012) 313 9056 Launch of Final Tower of at Taman Seri Impian HOMELove: Home and Living Senior Sales Managers Geetha Perumal (016) 250 8640 Savanna Executive Suites@ Date: Tomorrow (Aug 29) Exhibition 2015 Fong Lai Kuan (012) 386 2831 Southville City Venue: Impiana Bayu 2 Date: Sept 4 to 6 Peter Hoe (019) 221 5351 Date: Tomorrow (Aug 29) show house, Taman Seri Venue: Spice (Pisa) Arena, Penang Gregory Thu (012) 376 0614 Venue: Southville City, Bangi Impian, Kluang, Johor Time: 11am to 9pm Senior Manager, Integration Shereen Wong (016) 233 7388 Sales Gallery, Selangor Time: 6pm Contact: (03) 8737 3323 Head of Marketing Support & Ad Traffi c Time: 10am to 7pm Contact: (016) 661 2286 This free-admission event is the Lorraine Chan (03) 7721 8001 Contact: (017) 273 8888 Matrix Concepts Holdings Bhd Launch of Camwood@Taman place to source for everything Ad Traffi c Asst Manager Mah Sing Group Bhd launches the invites everyone to celebrate the Pelangi Indah, Johor that makes a house a home. Roger Lee (03) 7721 8004 Email: [email protected] fi nal tower of Savanna Executive 58th national day this weekend Date: Sept 5 Besides furniture and home decor Suites@Southville City.
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