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Make Better Decisions Pp 9974/08/2013 (032820) FRIDAY DECEMBER 11, 2015 ISSUE 2065/2015 A PULLOUT EVERY FRIDAY WITH Read this copy online @ theedgeproperty.com MAKE BETTER DECISIONS PP 9974/08/2013 (032820) Congratulations to those who won tickets for Joey Yap’s Feng Shui seminar ep8 NEWS ep18 DEALMAKERS ep22 FENG SHUI in JB (Dec 12). Enter now for tickets to seminars in PJ (Jan 9 & 10) & Penang (Jan 24). IOI to launch Enigma Square How to turn pro More than just about in Bandar Puteri Bangi in tough times decorating your property Find out how at theedgeproperty.com READY TO SHINE Strategically located between Petaling Jaya and Sungai Buloh in Selangor, Damansara North — comprising Bandar Sri Damansara and Damansara Damai — is expected to benefi t from the massive Kwasa Damansara development in Sungai Buloh. See story on pages ep12 & 14. MOHD IZWAN MOHD NAZAM/THE EDGE PROPERTY EP2 FRIDAY DECEMBER 11, 2015 • THEEDGE FINANCIAL DAILY FRI FRIDAY DECEMBER 11, 2015 • THEEDGE FINANCIAL DAILY EP3 EP4 FRIDAY DECEMBER 11, 2015 • THEEDGE FINANCIAL DAILY FRI FRIDAY DECEMBER 11, 2015 • THEEDGE FINANCIAL DAILY EP5 TROPICANA AMAN MASTER LAYOUT PLAN 85 Acres Central Park FRIDAY DECEMBER 11, 2015 • THEEDGE FINANCIAL DAILY EP6 PROPERTY | NEWS ON NEWS ROUNDUP Go to theedgeproperty.com for more property news Nusajaya to be renamed infrastructure, interchanges and by Kulim’s internally generated Ministry of Urban Wellbeing at www.theedgeproperty.com Iskandar Puteri in 2016 roads. funds. developing housing Th e company will invest an ad- The land is currently rented database ditional RM3.5 billion in property by EPASA Shipping Agency Sdn development, bringing its total Bhd, a wholly-owned subsidiary investments next year to about of Sindora Bhd, which is a whol- RM7.5 billion. Lin said Gamu- ly-owned subsidiary of Kulim, at da’s gearing will be about 0.7% the rate of RM90,000 per month or of its equity. RM1.08 million a year, from JCorp. For the calendar year 2015, Gamuda has spent about RM4.5 KTM Komuter service to be Sunway Bhd — billion in projects in Vietnam, Sin- rerouted during six-month Malaysia’s No 1 gapore and Melbourne, among trial developer others. Lin is positive on the con- struction industry as the govern- ment is embarking on several rail- Nusajaya, the administrative cen- way projects. tre of Johor, will be renamed Iskan- He added that now is the time dar Puteri from January next year. to make capital investments and State secretary Datuk Ismail Karim analyse the cost structure to help Th e Ministry of Urban Wellbeing, said on Tuesday that the name mitigate the slowdown in the Housing and Local Government is change was made with the agree- economy. developing a database of housing ment of the Sultan of Johor, Sultan He said Gamuda would focus across the country. IJM Land Ibrahim Iskandar, and the state on deepening its investments in Datuk Abdul Rahman Dahlan Bhd among government. Two other districts the seven countries in which it said the system, which was be- will also be renamed: Ledang (to operates – Malaysia, Vietnam, Sin- ing developed by the National Malaysia’s top be renamed Tangkak) and Kulai- gapore, Taiwan, India, Australia Housing Department, will provide 10 property jaya (Kulai). and Qatar. information on off ers for bumi- developers Sultan Ibrahim had requested putera units and the progress of the state government to reinstate Kulim to acquire land from The KTM Komuter train service residential projects throughout Kulaijaya’s original name with Johor Corp for RM17.93 mil will be rerouted from Dec 15 for the country. immediate eff ect in August, out Kulim (Malaysia) Bhd has pro- six-months in preparation of an He said that through this sys- of respect for its history, and for posed to acquire 14 acres of indus- infrastructure upgrade and track tem, bumiputera units in all states the state government to consider trial land in Johor from Johor Corp rehabilitation work. According to a that have not been sold will be a new name for Nusajaya for sim- Bhd (JCorp) for RM17.93 million. statement on the KTM Bhd (KTMB) made known to the public for the ilar reasons. Th e acquisition will result in website, one of the new routes is fi rst time. savings on monthly rent payable from Tanjung Malim/Rawang to Th e ministry will request an ad- Gamuda to invest RM7.5 bil to JCorp and accrue benefi ts to Port Klang, instead of Seremban. ditional three-month period from in construction division Kulim, in anticipation of its fu- Th e other is from Batu Caves developers to off er these units to Gamuda Bhd will invest about ture value appreciation, as the to Seremban/Gemas, instead of bumiputera buyers before they are The Edge Communications Sdn Bhd RM7.5 billion in its construction property has a 45-year unexpired Port Klang. Members of the public released as freehold property, he (266980-X) division in its fi nancial year 2016, lease period. is advised that delays are expect- said in reply to a supplementary Level 3, Menara KLK, No 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, said its group managing director In a fi ling with Bursa Malaysia, ed, caused by factors such as the question from Senator Norliaza Selangor, Malaysia Datuk Lin Yun Ling after the com- Kulim said it had entered into a weather and works by contractors. Abdul Rahim at the Dewan Ne- pany’s annual general meeting sale and purchase agreement with Th e upgrading and track rehabili- gara on Monday. on Monday. JCorp for the proposed acquisition tation work is expected to take four Norliza wanted to know about Publisher and Group CEO Ho Kay Tat Gamuda has invested RM2 bil- of 14 acres of industrial land in years. Th ey are part of the dou- the government’s eff orts to assis lion in three townships and al- mukim of Plentong, Johor Bahru. ble-tracking project in the Klang low and middle income earners Editorial For News Tips/Press Releases located another RM2 billion for Th e acquisition will be funded Valley which will begin in April. to own a home. 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 Mah Sing Property Showcase Southville by Mah Sing Willy Wonka’s units are part of a 100-acre Writers Chai Yee Hoong, Date: Dec 12-13 (Sat and Sun) Property Roadshow Christmas Party township. The project off ers semi- Rachel Chew, Hannah Rafee, Venue: SJK (C) Kepong, Date: Dec 12-13 (Sat and Sun) detached and bungalow houses Tan Ai Leng, Natalie Khoo, Ewe Shufei Jalan Besar Kepong Venue: D’sara Sentral, Star priced from RM2.05 million. Art Director Sharon Khoh Time: 11am to 6pm Avenue, No. 3, Jalan Zuhal Design Team Cheryl Loh, Contact: 03 6092 6599 U5/179, Shah Alam E&O’s Straits Quay hosts Valerie Chin, Aaron Boudville, Featuring talks by the Malaysian Time: 12pm to 4pm VEGA Open House Aminullah Abdul Karim, Institute of Estate Agents Contact: 016 306 6000 / dsara. Yong Yik Sheng, Tun Mohd Zafi an Mohd Za’abah, Noorain Duasa immediate past president Siva [email protected] Shanker and Soleil Trinity Mah Sing is organising a Corporate Resource owner and founder Christmas party to celebrate Managing Director Au Foong Yee Jessie Lee, as well as activities the unveiling of its fi nal phase Deputy Managing Director Lim Shiew Yuin for children such as coin-bank of 2-bedroom and 3-bedroom painting and playdough- dual-key units. Expect family- Date: Dec 18-27 (Fri to Sun) Advertising & Marketing crafting workshop. The fi rst 100 Date: Dec 14-20 (Mon to Sun) friendly activities such as balloon- Venue: Straits Quay Marina, To advertise contact registrants receive a mystery Venue: IPC Shopping Centre atrium, sculpting and “Snap-A-Pic” with Jalan Seri Tanjong Pinang, GL: (03) 7721 8000 Fax: (03) 7721 8288 gift. Refreshments provided. No 2, Jalan PJU 6/2, Mutiara Willy Wonka, Christmas carolling Tanjung Tokong, Penang Chief Marketing Offi cer Damansara, 47800 Petaling Jaya and a full-spread candy buff et Time: 10am to 6pm Sharon Teh (012) 313 9056 UEM Sunrise Property Time: 10am to 10pm on top of a Christmas lunch. Contact: 04 899 5228 General Manager, Digital Media Showcase Opening Contact: 019 988 3856 VEGA is a historic 120-year-old Kingston Low (012) 278 5540 Senior Sales Managers Date: Dec 12-13 (Sat and Sun) Southville City @ KL South, Launch of Permata Norwegian vessel that collects and Geetha Perumal (016) 250 8640 Venue: Lot 19, Level G2, developed by Mah Sing Group, is Heights, Gombak delivers donated tools, educational Fong Lai Kuan (012) 386 2831 Publika Shopping Gallery, a freehold 428-acre integrated Date: Dec 12 (Sat) and medical supplies to remote Peter Hoe (019) 221 5351 Solaris Dutamas, Jalan township off ering 2.5-storey Venue: Permata Heights Sales islands in Indonesia. Guests can Gregory Thu (012) 376 0614 Creative Marketing Dutamas 1, Kuala Lumpur and 3-storey link houses. It Gallery, No 1, Jalan Bukit learn more about its mission, meet Chris Wong (016) 687 6577 Time: 11am to 6pm places emphasis on regenerative Permata, Taman Bukit Permata, the people operating it, explore the Head of Marketing Support & Ad Traffi c Contact: 1 800 888 008 landscaping and healthy lifestyles.
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