1 SHOPPING PARADISO: PENANG HAS IT ALL! When It
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Real Estate Highlights Kuala Lumpur - Penang - Johor Bahru • 1St Half 2008
Research Real Estate Highlights Kuala Lumpur - Penang - Johor Bahru • 1st Half 2008 Contents Kuala Lumpur Hotel • Condominium Market 2 • Office Market 5 • Retail Market 8 • Hotel Market 10 Penang Property Market 12 Retail Johor Bahru Property Market 14 Residential Office Executive Summary Kuala Lumpur • The high end condominium market stabilised in the first half of 2008 in terms of take up, capital values and rentals. • Rentals and occupancies of prime offices continued to rise due to the current tight supply of good quality office buildings. • Several retail centres located at fringes of KL City are undergoing refurbishment works to remain competitive. • The performance of the hotel industry had been resilient attributed to high tourist arrivals and receipts, which led to the increase in average room rates and occupancies. Penang • Most of the high end condominium projects which are nearing completion have been sold, with prices being revised upwards. • The retail industry performed well with higher tourist arrivals in Penang. • The asking rentals of newly completed offices with better IT facilities are ranging from RM2.50 to RM3.50 per sq ft per month. Johor • The high end residential market is gaining momentum with the positive development of Iskandar Malaysia. • Prime retail centres continued to enjoy growth in rentals and occupancies. • Office sector remains healthy at an average occupancy of 70%. 2 Real Estate Highlights - Kuala Lumpur | Penang | Johor Bahru • 1st Half 2008 Knight Frank Figure 1 Projection of Cumulative Supply Kuala Lumpur High End Condominium Market for High End Condominium (2008 - 2010) Market Indications 30,000 The high end condominium market generally stabilised during the first six months of the year with one 25,000 notable new project, The Regent Residences (across Twin Towers), recording prices in excess of RM2,500 per sq ft. -
1Pay E-Wallet and Onecard Member Terms and Conditions of Use (V.4.0 01 June 2021)
1PAY E-WALLET AND ONECARD MEMBER TERMS AND CONDITIONS OF USE (V.4.0 01 JUNE 2021) Definitions 1PAY The electronic payment system which is established and managed by the Operator for 1 Utama Shopping Centre and other Bandar Utama Group entities for use by ONECARD Members by way of a 1PAY E-Wallet or by using the credit card, debit card or online banking linked in the 1Utama Mobile App or other online and offline means that may be introduced by the Operator from time to time. 1PAY E-Wallet The electronic wallet under 1PAY accessed via the 1 Utama Mobile App or a valid physical ONECARD (by swiping or tapping) which contains the ONECARD Member’s available CASH balance denominated in Ringgit Malaysia which can be used to make a 1PAY E-Wallet Transaction or a CPC Top Up. 1PAY E-Wallet Top Up When a ONECARD Member increases the CASH balance in its 1PAY E-Wallet via one or more of the methods and at any of the locations provided in Clause 29. For the avoidance of doubt, the earning of UPoints and CPC Top Ups are not 1PAY E-Wallet Top Ups. 1PAY E-Wallet Transaction A completed and successful payment made by the ONECARD Member to a Merchant for a purchase at the Merchant’s Outlet or to the Operator for a purchase on ONESHOP using the 1PAY E-Wallet which may be a payment using CASH, UPoints (through a Redemption Transaction) or a combination of the two. For the avoidance of doubt, 1PAY E-Wallet Top Ups and Direct Pull Transactions are not 1PAY E-Wallet Transactions and are not subject to the daily CASH transaction limit set out in Clause 33. -
Media Release Events & Happenings Go Shopping and Enjoy!
MEDIA RELEASE EVENTS & HAPPENINGS GO SHOPPING AND ENJOY! 1MALAYSIA YEAR END SALE 2015 (14 NOVEMBER 2015 – 3 JANUARY 2016) It’s the year-end school holidays and festive season. A time to take a break, celebrate, chill out, dine and SHOP! Yes, shop, and now say 1MYES for 1Malaysia Year End Sale. It’s the biggest sale bonanza of the year with BIG bargains, BIG offers and BIG rewards at shopping outlets nationwide for nearly two months. That’s not all. Expect special deals and price cuts during back-to-school sales, which will bring huge relief to moms and dads. Bring the whole family and enjoy a fun day of outing. There are also special rewards for tourists, such as tourist privilege cards, tax-free shopping, gift redemptions with purchases and GST refund at exit points. A long line-up of events and activities awaits everyone. It will be a fun time for all. Contests, promotions, prize galore, songs and dances, art and crafts, Christmas shopping, meet and greet Santa, New Year’s Eve party and much more will build up the momentum before curtains call to say goodbye to 2015, and hello 2016! Don’t miss out on the fun. In fact 1MYES extends right into the New Year. Check out 1MYES special offers, events and happenings throughout the country. PENANG 1st Avenue Year End Sale Shop & Win Shopper Rewards (14 Nov 2015 to 3 Jan 2016) – Stand a chance to win exclusive holiday packages from Royal Caribbean cruise for 2 with same-day purchases of RM100 & above in a single receipt. -
GARDE Worked on the Interior Design for Gurney Food Hall
FOR INMMEDIATE RELEASE May 18, 2021 GARDE worked on the interior of “Gurney Food Hall”, the largest upscale and most talked about food and beverage hall in Gurney Plaza, Malaysia’s premier shopping mall destination in Penang GARDE CO., Ltd. (Headquarters: Minato-ku, Tokyo; President: Guido Tarchi), a global provider of total interior design, consulting and coordination services for retail, large-scale commercial facilities, hotels, offices and residences, has designed the interior design of “Gurney Food Hall”, a new upscale food hall in Gurney Plaza, one of the leading shopping malls in Penang, Malaysia’s premier tourist destination. This project is one of the winners of the Interior Design/Leisure Interior category of the “Asia Pacific Property Awards 2021-2022”. Opened in October 2020, Gurney Food Hall is fast gaining reputation as Penang island’s largest upscale and most talked about food hall with a maximum seating capacity of 600 people. Located in the Straits of Malacca in the western part of Peninsula Malaysia, Penang island has flourished as a port of call for trading ships since ancient times. As one of the most important entrepot in South East Asia, Penang island has achieved its own development while incorporating various cultures. The island’s food is also diverse, and its rich culinary cultures has always made it a top-ranking city in the world for gastronomic. Drawing on the richness and diversity of the island’s history and food culture, the theme for the design of Gurney Food Hall was aimed to create a sophisticated space that conveys the culture, food and art of Penang island. -
Property Market 2013
Property Market 2013 www.wtw.com.my C H Williams Talhar and Wong 30.01, 30th Floor, Menara Multi-Purpose@CapSquare, 8 Jalan Munshi Abdullah, 51000 Kuala Lumpur Tel: 03-2616 8888 Fax: 03-2616 8899 KDN No. PP013/07/2012 (030726) Property Market 2013 www.wtw.com.my C H Williams Talhar and Wong 30.01, 30th Floor, Menara Multi-Purpose@CapSquare, 8 Jalan Munshi Abdullah, 51000 Kuala Lumpur Tel: 03-2616 8888 Fax: 03-2616 8899 KDN No. PP013/07/2012 (030726) CH Williams Talhar & Wong established in 1960, is a leading real estate services company in Malaysia & Brunei (headquartered in Kuala Lumpur) operating with 25 branches and associated offices. HISTORY Colin Harold Williams established C H Williams & Co, Chartered Surveyor, Valuer and Estate Agent in 1960 in Kuala Lumpur. In 1974, the company merged with Talhar & Co, a Johor-base Chartered Surveying and Valuation company under the sole-proprietorship of Mohd Talhar Abdul Rahman. With the inclusion of Wong Choon Kee, in a 3-way equal partnership arrangement, C H Williams Talhar and Wong was founded. PRESENT MANAGEMENT The Group is headed by Chairman, Mohd Talhar Abdul Rahman who guides the group on policy de- velopments and identifies key marketing strategies which have been instrumental in maintaining the strong competitive edge of WTW. The current Managing Directors of the WTW Group operations are: C H Williams Talhar & Wong Sdn Bhd Foo Gee Jen C H Williams Talhar & Wong (Sabah) Sdn Bhd Robin Chung York Bin C H Williams Talhar Wong & Yeo Sdn Bhd (operating in Sarawak) Robert Ting Kang Sung -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2016 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET The residential market continues to remain lacklustre with lower volume and value of transactions recorded. ECONOMIC AND MARKET INDICATORS Limited project completions and new Malaysia’s economy expanded at a launches of high end condominiums / slower pace in 2015 with Gross Domestic residences during the review period. Product (GDP) growing at an annual rate of 5.0% (2014: 6.0%). For 2016, the Government has trimmed the country’s Growing pressure on rentals amid GDP growth forecast to 4 - 4.5% due to strong supply pipeline (existing and the volatility in crude oil prices and other new completions) and a challenging economic challenges. GDP continued rental market while prices in to moderate in the first quarter of 2016, the secondary market generally posting 4.2% growth, its slowest since continue to remain resilient. 3Q2009 (4Q2015: 4.5%), driven by domestic demand. Private consumption expanded by 5.3% while private Developers adopt innovative ‘push investment moderated to 2.2%. marketing’ strategies to boost Headline inflation for April 2016 registered at sales of selected projects and 2.1%. It is expected to be lower at 2% to 3% improve revenue. this year, compared to an earlier projection Aria of 2.5% to 3.5% and will continue to remain stable in 2017. (432 units) and The Residences at The Meanwhile, labour market conditions St. Regis Kuala Lumpur (160 units). continued to weaken with more retrenchment of workers, particularly in By the second half of 2016, the scheduled the manufacturing, mining and services completions of another five projects will sectors. -
Penang Travel Tale
Penang Travel Tale The northern gateway to Malaysia, Penang’s the oldest British settlement in the country. Also known as Pulau Pinang, the state capital, Georgetown, is a UNESCO listed World Heritage Site with a collection of over 12,000 surviving pre-war shop houses. Its best known as a giant beach resort with soft, sandy beaches and plenty of upscale hotels but locals will tell you that the island is the country’s unofficial food capital. SIM CARDS AND DIALING PREFIXES Malaysia’s three main cell phone service providers are Celcom, Digi and WEATHER Maxis. You can obtain prepaid SIM cards almost anywhere – especially Penang enjoys a warm equatorial climate. Average temperatures range inside large-scale shopping malls. Digi and Maxis are the most popular between 29°C - 35 during the day and 26°C - 29°C during the night; services, although Celcom has the most widespread coverage in Sabah however, being an island, temperatures here are often higher than the and Sarawak. Each state has its own area code; to make a call to a mainland and sometimes reaches as high as 35°C during the day. It’s best landline in Penang, dial 04 followed by the seven-digit number. Calls to not to forget your sun block – the higher the SPF, the better. It’s mostly mobile phones require a three-digit prefix, (Digi = 016, Maxis = 012 and sunny throughout the day except during the monsoon seasons when the Celcom = 019) followed by the seven digit subscriber number. island experiences rainfall in the evenings. http://www.penang.ws /penang-info/clim ate.htm CURRENCY GETTING AROUND Malaysia coinage is known as the Ringgit Malaysia (MYR). -
Get RM600 Off 360 Wireless Audio R1 (WAM1501) When You Purchase Galaxy S7 & S7 Edge
Get RM600 Off 360 Wireless Audio R1 (WAM1501) When you purchase Galaxy S7 & S7 edge. From 5th August 2016 onwards PURCHASE RRP: RM3099 GET NOW: RM399 RRP: RM999 • 360 Directional Sound • Intuitive Interface • Surround Sound System Terms and conditions apply. Promotion valid while stocks last. Image for illustration purposes only. Promotion price is inclusive of GST. Samsung Malaysia Electronics Sdn. Bhd. (629186 D) Terms and Conditions Duration 1. PWP Bundle of Samsung Galaxy S7 or S7 edge with R1 Wireless Audio WAM1501/XM (“Promotion”) will be take place from 5th August 2016 (“Promotion Period”) on a first-come-first-served basis and last till while allocated stocks last. Eligibility 1. This Promotion is open to all residents of Malaysia, 18 years of age and above that purchase a Samsung Galaxy S7 or S7 edge with R1 Wireless AudioWAM1501/XM (Beige) during the Promotion Period. How to Participate 1. Purchase the Samsung Galaxy S7 or S7 edge at a participating Samsung authorized dealers as listed herein (“Dealers”) during the Promotion Period and be entitled to purchase R1 Wireless Audio WAM1501/XM (Beige) at PWP price of RM399 (RRP RM999) NO STATE/CITY DEALER NAME SES OUTLET KUALA 1 ASIA MOBILE RETAIL SDN BHD SES @ LOW YAT PLAZA LUMPUR KUALA 2 ASIA MOBILE RETAIL SDN BHD SES @ PUBLIKA LUMPUR KUALA 3 MOBILE OCEAN ELEVEN SDN BHD SES @ SETAPAK CENTRAL LUMPUR KUALA 4 MOBILE OCEAN ELEVEN SDN BHD SES @ NU SENTRAL LUMPUR KUALA 5 MTCS GROUP SDN BHD SES @ LOW YAT LUMPUR KUALA 6 NETCOM MOBILITY SDN BHD SES @ BERJAYA TIME SQUARE LUMPUR KUALA 7 SBS -
3D Property–Types of Rights
3D PROPERTY–TYPES OF RIGHTS Tan Liat Choon Department of Survey and Mapping Malaysia Email: [email protected] Abstract The use of 3D property rights has become a common feature internationally and has existed for many years. The aim of this paper is to illustrate the way 3D situations are currently registered and recognised in the Malaysian Cadastral Registration. One situation in Penang and five in Kuala Lumpur were selected to illustrate representative situations in this paper. The purpose of the illustration is to investigate if the current cadastral laws and regulations under the National Land Code 1965 (Act 56), the Strata Title Act 1985 (Act 318) and the Building and Common Property (Maintenance and Management) Act 2007 (Act 663) are adequate, or if improvements are needed. All these models have been selected because of their simplicity, and also because they are representative of several types of problems associated with 3D properties. This study encompasses three property types, namely dimensions on-surface, above surface and below surface constructions (buildings, sky bridges, basement parking, utility transmission lines), and transportation networks. Keywords : Rights 1, 3D property 2, on surface 3, above-surface 4, below-surface 5 1 INTRODUCTION To present an overview of how 3D situations are presently registered in the Malaysian Cadastral Registration, six structural properties are selected as representative examples. 2 DIMENSIONS ON-SURFACE, ABOVE SURFACE AND BELOW SURFACE Buildings may be constructed to serve different owners who may have different functions in mind for the properties. Meanwhile, infrastructure objects such as transmission lines and transportation networks are entities that are necessary for the transportation of electricity, vehicle and people. -
Outlets Listing in Malaysia
OUTLETS LISTING IN MALAYSIA SURIA KLCC PAVILION KL Armani Exchange Armani Exchange Lot 111C & 111D, First Floor Lot 2.11, Level 2 Suria KLCC Pavilion Kuala Lumpur Kuala Lumpur City Centre 168 Jalan Bukit Bintang 50088 Kuala Lumpur 55100 Kuala Lumpur Tel: 2163 2658 / 2163 2692 Tel: 2148 3448 / 2148 3648 Fax: 2148 3748 ck Calvin Klein Lot 107, First Floor cK Calvin Klein Suria KLCC Lot 2.12, Level 2 Kuala Lumpur City Centre Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2161 7719 / 2161 7725 55100 Kuala Lumpur Tel: 2142 0019 /2142 0029 DKNY Lot 132B & 133B, First Floor DKNY Suria KLCC Lot 2.44, 2.45 & 2.47 Kuala Lumpur City Centre Level 2 Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2164 3763 / 2164 3764 55100 Kuala Lumpur Tel: 2141 9770 /2141 9778 Emporio Armani Lot G21 & G22 , Ground Floor Marc by Marc Jacobs Suria KLCC Lot 3.48, Level 3 Kuala Lumpur City Centre Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2166 9714 / 2161 4549 55100 Kuala Lumpur Fax: 2171 2353 Tel: 2141 8827 /2141 8857 Giorgio Armani Armani Jeans Lot LC-G03,Ground Floor, Lot 3.01.11 , Level 3 Lot C,Suria KLCC Pavilion Kuala Lumpur Kuala Lumpur City Centre 168 Jalan Bukit Bintang 50088 Kuala Lumpur 55100 Kuala Lumpur Tel: 2166 7003 / 2166 7002 Tel: 2145 2911 / 2145 3911 Marc Jacobs Lot G03B, Ground Floor Club 21 Multilabel Suria KLCC Lot 3.34 , 3.35 & 3.36 , Level 3 Kuala Lumpur City Centre Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2171 2812 / 2171 2813 55100 Kuala Lumpur Tel: 2142 8806 Mulberry Fax: 2143 8806 Lot 128A, First Floor Suria KLCC 1 UTAMA SHOPPING CENTRE Kuala Lumpur City Centre Armani Exchange 50088 Kuala Lumpur G309, Ground Floor Highstreet Tel: 2171 1102 / 2171 1103 1 Utama Shopping Centre No. -
1Utama Website/Mobile App 2017 [Version 1] PRIVACY POLICY
PRIVACY POLICY – 1 UTAMA WEBSITE/MOBILE APPLICATION This website/mobile device application (“the Website/Application”) is developed and maintained by BANDAR UTAMA CITY CENTRE SDN BHD (Company No. 322382-T) (“BUCC”) BUCC respects the privacy of individuals with regards to Personal Data. This privacy policy is prepared and formulated in accordance with the Personal Data Protection Act 2010 (“PDPA”). For the purpose of this privacy policy, “Personal Data” shall have the meaning as ascribed to in PDPA. Should there be any Personal Data collected or processed in connection with your use of the Website/Application, BUCC is committed to collecting and processing your personal data within the ambit of PDPA. This Privacy Policy governs only the Personal Data collected by us on or in connection with the Website/Application and does not cover any other information collected in any other manner or collected by any third party, unless specifically stated. Scope of PDPA PDPA primarily aims to regulate the collection, holding, processing and use of Personal Data in commercial transactions and also to prevent malicious use of personal information. This Act plays a crucial role in safeguarding the interest of individuals and makes it illegal for anyone, be it corporate entities or individuals, to sell personal information or allow such use of the data by third parties. PDPA only applies to the processing of personal data in respect of “commercial transactions”. A commercial transaction is widely defined as any transaction of a commercial nature, whether contractual or not which includes any matters relating to the supply or exchange of goods or services, agency, investments, financing, banking and insurance. -
Asia-Pacific
Program ASIA-PACIFIC 22 – 25 October 2018 Mandarin Oriental | Kuala Lumpur, Malaysia #ICSCRECon Mandarin Oriental | Kuala Lumpur, Malaysia 22 – 25 October 2018 #ICSCRECon ABOUT THE EVENT RECon Asia-Pacific is the premier event in the region to network with the leaders of the retail real estate industry, to develop your professional skills and to discover new business opportunities. Much more than just commercial entities, successful shopping centres and retailers help build communities, fuel local economies and inspire innovation. To guarantee your future in the retail real estate industry you must continually ensure that your shopping centre and stores deliver an experience beyond the simple purchase of goods and services. RECon Asia-Pacific will provide inspirational vision and the practical advice you need to succeed. RECon Asia-Pacific will also feature discovery tours of Kuala Lumpur’s leading shopping centres on Monday, 22 October, the presentation of ICSC Asia-Pacific Shopping Center Awards and a NextGen workshop for young professionals on Thursday, 25 October. Gold Sponsor Awards Dinner & Lanyard Sponsor Silver Sponsor Luncheon Sponsors Conference Bag Sponsor Supported by HRDF Claimable Supporting Associations ABOUT THIS EVENT SERIES RECon is the world’s largest global gathering of retail real estate professionals. Join leading developers, owners, brokers and retailers to conduct a year’s worth of business under one roof, in record time. Monday, 22 October | Tuesday, 23 October 3 MONDAY, 22 OCTOBER 09:00 – 09:15 Official Welcome 09:00 – 16:00 YB Tuan Mohamaddin bin Ketapi Minister of Tourism, Arts and Culture Shopping Centre Tour 1 Malaysia (Invited) 1. Suria KLCC 2.