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Make Better Decisions MAKE BETTER DECISIONS For more property news, go to www.theedgeproperty.com EVERY FRIDAY IN SHOPPING ABROAD? Do you plan to buy a property abroad this year? Find out if Penangites are keen at theedgeproperty.com MAKE BETTER DECISIONS www.theedgeproperty.com FRIDAY SEPTEMBER 11, 2015 EP5 NEWS EP9 FENG SHUI EP10 HOME IDEAS ‘Brave’ river barrier city design Six tips for sussing out an More than meets the eye wins architectural award apartment’s interior feng shui VINTAGE GOLD First developed in the 1970s, Taman Desa remains one of the most popular residential suburbs in Check out a video Kuala Lumpur for both homeowners and developers. of this hot spot at www. theedgeproperty.com Its appeal lies in its location and connectivity to the and see current listings city centre and other areas in the Klang Valley. for this area on Market Watch EP8. See story on ep6. MOHD IZWAN MOHD NAZAM/THE EDGE PROPERTY + FRIDAY SEPTEMBER 11, 2015 • DIGITALEDGE DAILY EP2 PROPERTY | NEWS ON NEWS ROUNDUP Go to theedgeproperty.com for more listings at www.theedgeproperty.com USM, CIDB to promote Media Shoppe Bhd (TMS) is ventur- tion and facilities management. sustainable infrastructure ing into the construction and prop- He said the BIM system is used developments erty development segments with widely internationally and has been Universiti Sains Malaysia (USM) the development of a 12.14ha land proven to have zero rework and and the Construction Industry parcel in Kemaman, Terengganu. variation orders, or amendments Development Board (CIDB) will TMS, via its wholly owned sub- to the original scope of work, as join forces to strengthen public sidiary Exonion Sdn Bhd (ESB), has stipulated in a building contract. awareness of sustainable infra- entered into a managing contract In Malaysia, only about 5% to Any plans structure development. Rehda expects RM300 mil agreement worth RM192 million 10% of construction fi rms use the for overseas A memorandum of under- sales from fi nal part of Mapex with Johor-based developer Total BIM model. One of the factors for property buys standing (MOU) will be signed Th e Real Estate and Housing De- Merit Sdn Bhd to build on the land. the low rate of adoption is cost. between both parties within the velopers’ Association Malaysia (Re- “Th e diversifi cation of the busi- this year? year to promote the idea of sus- hda) has a sales target of at least ness into the property development tainable infrastructure projects, RM300 million for the year’s third and construction industry is aimed said Dr Choong Kok Keong, or- and last Malaysia Property Expo at providing another source of in- ganising chairman of Awam In- (Mapex), which will be held from come for the company, which has ternational Conference on Civil Oct 30 to Nov 1. been dependent on the IT business. Engineering (eco-AICCE ’15) and Mapex is jointly organised by Re- With the additional stream of in- associate professor at Universiti hda Malaysia, Rehda Wilayah Perse- come, we strive to turnaround TMS Sains Malaysia. kutuan (KL) and Rehda Selangor. into a profi t-making company in the eco-AICCE ’15 is held in “Th ere is no larger property expo next few years,” said TMS executive conjunction with Internation- than Mapex, bringing together the director Datuk Low Lion Kian. Penang property market Taman Desa al Construction Week (ICW) nation’s developers both big and ESB has been appointed the man- expected to contribute 50% — growing old 2015, which kicked off on Sept small, to off er purchasers huge se- aging contractor of the mixed-use of E&O’s FY2016 sales target gracefully 7 and ends today at Putra World lections and quality developments development project, which will Eastern & Oriental Bhd expects the Trade Centre. ICW is an annual that suit their budgets. Mapex is or- comprise 43 units of 2-storey shop Penang property sector to contrib- event organised by CIDB and ganised to allow property players lots or offi ces, fi ve blocks of 12-storey ute 50% to its total annual sales of supported by the Ministry of to support the property industry apartments, an 11-storey block of between RM1 billion and RM1.5 Works. together,” said Rehda past president aff ordable apartments, and related billion from among its various pro- “The collaboration will see and Mapex organising committee infrastructure. Th e project is expect- jects nationwide. more activities being held to chairman, Datuk Ng Seing Liong. ed to be completed in 48 months. Its general manager for Penang promote the concept of infra- He was speaking at a press con- Christine Lau said this projection structure sustainability,” Choong ference on Mapex on Sept 9. CIDB aims to mandate use of is based on the group’s three-year told theedgeproperty.com af- Th e fi rst Mapex was held from 3D building plans by 2019 business target until 2016, as well ter his opening remarks at eco April 2 to 5, and the second from Th e Construction Industry Devel- as the roll-out of current launches, AICCE. July 31 to Aug 2. opment Board (CIDB) will com- and the maturity of projects. Choong said both organisa- Sales fi gures of both expos are pel construction fi rms to use 3D “Penang contributed 50% to E&O’s tions are looking at ways to es- still being compiled but they cur- building plans for any construction total revenue in FY2015, making it a tablish a checklist, or reference rently stand at RM108 million for work by 2019. major driver for the group,” she said. tool, to evaluate project devel- the fi rst Mapex and RM51 million CIDB presented a detailed poli- E&O’s unbilled sales in the state The Edge Markets Sdn Bhd (1104546M) opment sustainability. for the second. cy direction on the full implemen- stood at RM868 million as at March Level 3, Menara KLK, No 1 Jalan PJU 7/6, Choong said Malaysia has Rehda said the second Mapex tation of the building information 31, 2015. Mutiara Damansara, 47810 Petaling Jaya, a good vision of infrastructure had lower sales as the event had modelling (BIM) system at the She notes that the revenue pat- Selangor, Malaysia planning, but industry play- fewer visitors. launch of the Construction Indus- tern will evolve from year to year ers still lack awareness when it To date, 90% of 260 booths at try Transformation Programme as E&O nurtures its three other key comes to sustainable infrastruc- the third Mapex has been taken on Sept 10. growth engines in Kuala Lumpur, Publisher and Group CEO Ho Kay Tat ture development. up. Ng said that he expects more CIDB IT construction tech- Iskandar Malaysia, and the UK. Editorial He emphasised that govern- than 40,000 visitors at the event. nology division senior manager One of its next launches is Am- For News Tips/Press Releases ment enforcement has to be done Mohd Harris Mohd Ismail said aris, comprising 29 luxury terraced Tel: 03-7721 8219 Fax: 03-7721 8038 to ensure routine maintenance Software development the BIM system can reduce errors houses by the sea and 20 units of Email: [email protected] and conservation activities to company to develop fi rst and wastage with automated gen- linked villas, with a GDV of RM80 Senior Managing Editor Azam Aris prolong the lifespan of infra- property project eration of drawings and reports, million. Amaris is the first phase Contributing Editor Sharon Kam structure. Software development company Th e design analysis, schedule simula- of its Seri Tanjung Pinang project. Editor Rosalynn Poh Deputy Editors E Jacqui Chan, Wong King Wai Assistant Editor Lam Jian Wyn Senior Writer Racheal Lee Writers Zatil Husna Wan Fauzi, If you have any real estate-related events, email us at [email protected]. Chai Yee Hoong, Rachel Chew, Events listed here will also appear on theedgeproperty.com. Hannah Rafee, Tan Ai Leng, LAUNCHES & EVENTS Natalie Khoo Art Director Sharon Khoh Design Team Cheryl Loh, Valerie Chin, Aaron Boudville, Malaysia Day Carnival Matrix Concepts Holdings Bhd Offi cial launch of Secoya Time: 10am to 6pm Aminullah Abdul Karim, Date: Sept 16 invites you to enjoy a marvellous Residences Contact: (012) 464 7296 Yong Yik Sheng, Tun Mohd Zafi an Venue: Bandar Seri Coalfi elds night for free with lots of fun ac- Date: Tomorrow and An exhibition for buyers interested Mohd Za’abah, Noorain Duasa Gallery, Jalan Kuala Selangor, tivities to enjoy, such as a 12D Sunday (Sept 12 & 13) to invest in Botanicca Corporate Corporate 47000 Sungai Buloh, Selangor cinema, YoYo rides, Minion in- Venue: IJM Land Sales Park in Melbourne. Th ere will be Managing Director Au Foong Yee Time: 11am to 4.30pm fl atable playland, hot air balloon, Gallery, Jalan Yong Shook Lin, two seminars conducted by Danny Deputy Managing Director Contact: (013) 673 3030 paddle boats, fl oating baseball Petaling Jaya, Selangor Clark, associate director of Knight Lim Shiew Yuin KLK Land Sdn Bhd is back with challenge, basketball challenge Time: 10am to 5pm Frank, and Neil Migliorisi, princi- Advertising & Marketing its annual Malaysia Day celebra- and many more. Contact: (03) 7952 9848 pal of Allied Group at 11am and To advertise contact tions in Bandar Seri Coalfi elds in IJM Land will be officially 3pm. Organised by CBD Proper- GL: (03) 7721 8000 Sungai Buloh. Th ere will be fun- launching the second phase of ties Sdn Bhd. Fax: (03) 7721 8288 fi lled activities such as live bands, its Pantai Sentral Township, Se- Chief Marketing Offi cer Sharon Teh (012) 313 9056 cultural and modern dances, sand coya Residences.
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