Country's Best Property Developers Feted
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MAKE BETTER DECISIONS FRIDAY DECEMBER 4, 2015 ISSUE 2060/2015 A PULLOUT EVERY FRIDAY WITH Read this copy online @ theedgeproperty.com MAKE BETTER DECISIONS PP 9974/08/2013 (032820) THE EDGE MALAYSIA PROPERTY EXCELLENCE AWARDS 2015 Go to TheEdgeProperty.com ep8 NEWS ep14 FEATURE ep22 LEGAL for interviews, pix and videos I-Bhd to launch RM829 Mall meccas: PJ’s 5 things a landlord million project in Bandar Utama and needs to know Jalan Kia Peng prime Damansara areas COUNTRY’S BEST PROPERTY DEVELOPERS FETED Top property developers were feted at Th e Edge Malaysia Property Excellence Awards 2015 gala night on Nov 28. Th e No 1 ranked developer for 2015 was Sunway Bhd. Turn to ep12 and 13 to fi nd out more about the winning developers. Presented by Th eEdgeProperty.com MOHD IZWAN MOHD NAZAM/THE EDGE PROPERTY MOHD IZWAN EP2 FRIDAY DECEMBER 4, 2015 • THEEDGE FINANCIAL DAILY FRI FRIDAY DECEMBER 4, 2015 • THEEDGE FINANCIAL DAILY EP3 EP4 FRIDAY DECEMBER 4, 2015 • THEEDGE FINANCIAL DAILY FRI FRIDAY DECEMBER 4, 2015 • THEEDGE FINANCIAL DAILY EP5 FRIDAY DECEMBER 4, 2015 • THEEDGE FINANCIAL DAILY EP6 PROPERTY | NEWS ON NEWS ROUNDUP Go to theedgeproperty.com for more news Kwasa Land picks Naza Sunway to launch Bangi within the development and more Th e cost of the detailed environ- at www.theedgeproperty.com TTDI as development project in 1Q2016 than 500,000 students, residents mental impact assessments for the partner for Plot R2-1 and employees of multinational road and rail-based public trans- corporations from around Bangi, port segments, reclamation, and Kajang and Nilai. feasibility studies could cost be- tween RM300 million and RM400 300 projects to be assessed million, which would be borne by with Qlassic, says Fadillah the state. Th e Works Ministry hopes to achieve Szeto said the two islands, will its target of assessing 300 construc- have fl ushing channels, 700 acres tion projects in the country under or 15% green space in total, a 5km Sunway Bhd — the Quality Assessment System in beach stretch, 25km coastal park, Malaysia’s No 1 Construction (Qlassic) by this year. 30km-long waterfront, sheltered developer A development rights agreement for Sunway Bhd will be launching its Works Minister Datuk Seri Fa- pedestrian walkways, and desig- Plot R2-1 has been signed between newest integrated development, dillah Yusof said the total number nated bicycle lanes. landowner Kwasa Development (3) Sunway Gandaria, in Bandar Baru of projects assessed under Qlassic Th ey will have a meetings, incen- Sdn Bhd, a wholly owned subsidiary Bangi, Selangor, in the fi rst quarter in 2014 was 272, and160 in 2013. tives, conferences and exhibitions of Kwasa Land Sdn Bhd, and Naza of 2016. Th e project comprises re- Qlassic, a system to measure and centre, sports arena, museum and TTDI Sdn Bhd to jointly develop a tail shops and a block of serviced evaluate the workmanship quality performing arts centre as well. 12.7-acre residential project compris- apartments, and will be the tall- of building construction work, will ing 278 units in Kwasa Damansara. est landmark in the vicinity upon be made mandatory for all govern- S P Setia to launch more Kwasa Land is the master devel- completion. ment construction projects in 2018. than RM1 bil of products oper of the 2,330-acre township and Sunway property development It is based on construction industry in Aeropod next year IJM Land a wholly owned subsidiary of the division executive director Ang Kee standards. Government authorities S P Setia Bhd plans to launch prod- Bhd among Employees Provident Fund. Kwa- Ping said Sunway Gandaria will be are being encouraged to stipulate ucts worth more than RM1 billion sa Land managing director Datuk the choice development for fi rst- Qlassic as a requirement for their in GDV in Aeropod, Kota Kinabalu, Malaysia’s top Mohd Lotfy Mohd Noh and Naza time homeowners, upgraders and projects. — Bernama next year, according to its acting 10 property TTDI deputy executive chairman business owners who demand val- president and CEO, Datuk Khor developers and group managing director SM ue while capitalising on the expan- Reclaiming two islands under Chap Jen. Faliq SM Nasimuddin signed the sion of the Southern Klang Valley Penang Transport Master This includes retail offices, a agreement on Dec 2. development corridor as an opti- Plan will cost up to RM8 bil boutique hotel and two blocks of Mohd Lotfy said the six-year mal business and residential hub. SRS Consortium Sdn Bhd, the pro- serviced apartments housing 800 development is expected to yield Scheduled for completion in ject delivery partner for the Gamu- units in the 60-acre integrated de- an approximate gross development 1Q2020, the 2.04-acre mixed-use da Bhd-led Penang Transport Mas- velopment with a GDV of RM232 value (GDV) of RM400 million. development has an estimated terplan, has estimated the cost of million and RM680 million, re- Upon completion, Kwasa Land’s GDV of RM226 million, with RM51 reclaiming two islands measuring spectively. Th ey are expected to fi nancial return based on net pres- million from the 34 units of retail about 1,300 acres and 2,100 acres be completed in 2019. ent value is projected to be RM88 outlets and RM175 million from the each at between RM7 billion and Aeropod is a 60-acre integrated million, or RM160 per sq ft (psf), 259-unit residential tower. Th e re- RM8 billion. development and transport hub inclusive of a revenue guarantee. tail units are between 984 sq ft and Project manager Szeto Wai comprising offi ces, a 300,000 sq ft The Edge Communications Sdn Bhd Th e leasehold land development 6,231 sq ft in built-up area, and the Loong said the reclamation, de- lifestyle retail mall, international (266980-X) comprises 278 units of garden villas residences between 951 sq ft and scribed as a land swap to fi nance hotels, serviced apartments, sovo Level 3, Menara KLK, No 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, with a built-up area of between 1,200 1,410 sq ft. Retail units are priced the RM27 billion masterplan, is units, luxury residential towers and Selangor, Malaysia sq ft and 2,800 sq ft. Th e project is between RM1 million and RM3 mil- expected to begin in 2018, once a modern railway station. It has expected to be launched in the third lion, and the residences between the relevant federal and state ap- 3.8 million sq ft of gross fl oor area. quarter of next year (3Q2016). RM550,000 and RM750,000. provals are obtained. It is scheduled for completion Publisher and Group CEO Ho Kay Tat More than 1.8 acres of Plot R2-1 Sunway Gandaria retail out- According to Szeto, a third island in 2022 and has a GDV of RM1.8 have been allocated for the Central lets are expected to benefi t from of 800 acres might be reclaimed in fu- billion, of which about RM300 mil- Editorial For News Tips/Press Releases Park, a vehicle-free zone. a catchment of 1,000 residents from ture depending on the state’s needs. lion has been realised. Tel: 03-7721 8219 Fax: 03-7721 8038 Email: [email protected] Senior Managing Editor Azam Aris Contributing Editor Sharon Kam If you have any real estate-related events, email us at [email protected]. Editor Rosalynn Poh LAUNCHES & EVENTS Events listed here will also appear on theedgeproperty.com. Deputy Editors E Jacqui Chan, Wong King Wai Assistant Editor Lam Jian Wyn Senior Writer Racheal Lee Christmas Party at Sunway Contact: (04) 890 9999 Delemen High Country is a hillside 26-storey condominium blocks with Writers Chai Yee Hoong, South Quay Tower B of The Tamarind by Eastern residence located in Genting 492 units of between 1,179 sq ft and Rachel Chew, Hannah Rafee, Date: Dec 5 (Sat) & Oriental Bhd is part of a 2-tower Highlands. Phase 3 comprises 1,420 sq ft in built-up area. Trinity Tan Ai Leng, Natalie Khoo, Ewe Shufei Venue: Sunway South project comprising 552 units in furnished apartments that will be Group unveils its “WOW!” package Art Director Sharon Khoh Quay, Bandar Sunway each. The day-long offi cial launch managed by international hotelier tomorrow, which includes an easy Design Team Cheryl Loh, Time: 3pm to 8pm will feature activities including two Best Western Premier. There are home ownership package, assistance Valerie Chin, Aaron Boudville, Contact: (019) 573 1688 outdoor radio broadcast sessions eight types of units of between 385 to secure home loans, 24-month Aminullah Abdul Karim, Sunway Property will be turning by MyFM and Melody FM, a mini sq ft and 988 sq ft in built-up area. credit card payment at no interest Yong Yik Sheng, Tun Mohd Zafi an Mohd Za’abah, Noorain Duasa Sunway South Quay’s Lakeside concert by ZChen, Thomas & Jack, Light refreshments will be served. and other special incentives. Food Promenade into the venue for its and Daniel Chezi, as well as a trucks from The Lokka, The Guac Corporate Christmas extravaganza. Besides Christmas special lucky draw. Trinity Group unveils WOW! and Laughing Monkey will serve Managing Director Au Foong Yee a giant Santa, Christmas tree Package for Trinity Aquata pasta dishes, tacos, burritos, nachos Deputy Managing Director Lim Shiew Yuin and gingerbread house, there Launch of Ion Delemen High and coff ee from 11am to 3pm. will be carnival games, a wide Country Phase 3 Advertising & Marketing range of food trucks, a 3D water Sunway Nexis and Sunway To advertise contact projection show and more.