A PULLOUT EVERY FRIDAY WITH

FRIDAY, AUGUST 23, 2019 . ISSUE 2954/2019 . PP19055/06/2016(034530) PRINT + DIGITAL 8888% SF 1

• THEEDGE FINANCIAL DAILY 5 - S T A R FRIDAY AUGUST 23, 2019 F A C I L I T I E S A SPECIAL FOCUS BY LIVING BY THE FOREST AT 5 - S T A R AUGUST 23, 2019 SETIA ECO INSIDE F A C I L I T I E S EP EP AMAZING 5 - S T A R TEMPLER WHAT ARE YOU BROUGHT TO YOU BY WAITING FOR??? DEALS Notably, the design concept of Setia Eco Templer was- OWN AN EXCLUSIVE drawn from local history — that of the former British High F A C I L I T I E S he forest, fresh air, waterfalls, and Commissioner Sir Gerald Templer and his journey to Ma everything else one loves about the laya in 1952. - CONDO 5 MIN FROM KLCC 5 - S T A R great outdoors – all at your doorstep. Hailing from Essex, a small town in the UK, Sir Gerald Life at Setia Eco Templer offers all that Templer arrived through the Melaka Straits via Bali, Indone 06 08 and more. sia. His origin serves as the inspiration for the name of Setia For city folks in Kuala Lumpur, living NEWS INSTA-SPOTS Eco Templer’s first residential phase — Essex Gardens with amidst nature is something they could its English-inspired design concept. This was followed by F A C I L I T I E S only dream of, but just wait until you step the Peranakan culture-inspired phase 2A called Peranakan Don’t Straits and the Balinese-themed phase 2B called Amantara. into Setia Eco Templer, S P Setia Bhd’s township development “This project is based on the story of Sir Gerald Templer’s located in , Rawang, , just 23km away journey to Malaya. The natural reserves at Templer Park was from the Kuala Lumpur (KL) city centre. - TWith the majestic hills of Bukit Takun as its backdrop, the named after him. Even this clubhouse, which was built 30 years ago was named after him. This is the real history of this development lies within a green sanctuary embraced by the miss our place and we wish to remind people of this through this de rainforest at Templer Park and the Kanching Eco-Forest Park.- velopment,” says Setia Eco Templer Sdn Bhd general manager The 194-acre modern township development launched its- CONTINUES NEXT PAGE Dianne Chan at the refurbished colonial-design clubhouse. first phase in 2016, offering English, Peranakan and Balinese-in spired bungalows, semidees, link villas, two- and three-sto rey shop offices and a Rumah Selangorku affordable housing scheme. SPECIAL FOCUS on What build-to-rent Colourful, simply the best simply the best augurs for EcoWorld contemporary best simplysimply the best the bestsimply simply the the best best simply the best simply the International5-star and modern SETIA ECO TEMPLER The freshest mist and flowing water of the creeks are daily blessings for the residents of Essex Gardens, Setia Eco Templer. furnishedFully facilities ~*~*~*~ Italian marblewith

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NEWS HIGHLIGHTS from www.EdgeProp.my

Bank Negara expands Centurion Corp to eligibility for RM1b Jaya Grocer to be anchor tenant expand workers’ affordable home fund at The Tropika, Bukit Jalil accommodation Bank Negara (BNM) has business in Malaysia expanded the eligibility criteria of Singapore’s owner-operator of pur- its RM1 billion Fund for Aff ordable pose-built workers’ accommoda- Homes, set up earlier this year to tion Centurion Corp Ltd is expand- help those in the lower-income ing in Malaysia, which will include group to finance the purchase of a new asset in Johor that offers their fi rst homes. 3,600 beds by next year. In a statement on Aug 21, the Centurion is a Singapore/Hong central bank said it has increased Kong-listed company. Under the the maximum monthly household brand name Westlite Accommo- income to RM4,360 (from RM2,300 dation, it currently owns and oper- previously), while the maximum ates seven worker accommodation property price has been increased assets comprising 30,700 beds in The Edge Property Sdn Bhd to RM300,000 (from RM150,000 Johor and Penang. (1091814-P) previously). “By mid-next year, our new Level 3, Menara KLK, No. 1 Jalan PJU 7/6, Mutiara asset in Johor will be completed Damansara, 47810 , Matrix Concepts and we will add 3,600 beds to the Selangor, Malaysia Berjaya Land Bhd through its sub- Grocer adopts a very strategic and Malaysian portfolio. on growth momentum sidiary Berjaya Golf Resort Bhd prudent approach in identifying “We have another asset in EdgeProp.my Matrix Concepts Holdings Bhd saw has entered into a lease agreement suitable locations for its stores. As Penang which is pending approval its revenue surpass RM1 billion for with Trendcell Sdn Bhd to operate such, we are glad that The Tropika from the authorities. That will Managing Director/Editor-in-chief the fi rst time in the last fi nancial a Jaya Grocer store with F&B out- has been chosen as the location for be another 6,100 beds,” said Au Foong Yee year, and is optimistic its growth lets at the commercial portion of its next store as this indicates that Centurion’s workers’ accommodation EDITORIAL trend will continue despite the Berjaya Land’s latest development The Tropika is a premier location in country head in Malaysia, Alfred Lee Executive Editor Sharon Kam challenges in the property sector. The Tropika in Bukit Jalil, Kuala Bukit Jalil,” said Tan at the signing during a media briefing in Kuala Assistant Editor Tan Ai Leng Deputy Chief Copy Editor The Negeri Sembilan property Lumpur. ceremony. Lumpur on Aug 20. James Chong developer achieved its best-ever Jaya Grocer will take up 23,695 The Tropika is a mixed de- Senior Writer performance in the fi nancial year sq ft and is expected to start opera- velopment located on 6.5 acres Rachel Chew Get BREAKING Writers ended March 31, 2019 (FY19). tions in about two-and-a-half years. of freehold land in Bukit Jalil. PROPERTY Natalie Khoo, Shawn Ng, “The performance was driven Berjaya Land Bhd CEO Syed Ali The residential part of the pro- NEWS Chin Wai Lun, Chelsey Poh by higher sales of our landed Shahul Hameed and Jaya Grocer ject comprises 868 units spread Art Director Sharon Khoh delivered to Senior Designer Jun Kit properties and a launch mix of mainly chief financial officer Chong across four towers with unit Designer Rajita Sivan affordable to mid-end offerings in Han Keong were signatories to built-ups ranging from 732 sq ft you daily via WhatsApp! For New Launches/Events/ Negeri Sembilan and Johor,” chairman the agreement at a ceremony at to 1,318 sq ft. Prices per unit start Press Releases/News Tips Datuk Mohamad Haslah Mohamad Berjaya Property Gallery, Bukit from RM575,800. TO SUBSCRIBE email: [email protected] Amin said on Aug 21 at a press Jalil, on Aug 21. Besides Jaya Grocer, the Tel: (03) 7721 8211 Fax: (03) 7721 8280 conference after the company’s annual Also present were Berjaya Land commercial component of The 1. Add +6018 290 2116 to your contact ADVERTISING & MARKETING general meeting in Seremban. Bhd senior general manager (prop- Tropika will also feature double- Associate Account Director, list as EdgeProp The group’s net profit rose to erties marketing) Tan Tee Ming and storey dual frontage office lots Advertising & Marketing News. Or scan RM218.4 million on revenue of Jaya Grocer head of department, with built-ups ranging from 3,316 Heidee Ahmad (019) 388 1880 this QR code. Senior Account Manager RM1.05 billion in FY19. New prop- advertising and promotions Ho sq ft to 3,814 sq ft while retail lots Ian Leong (012) 359 1668 erty sales also hit a record RM1.3 Yong Pheng. will have built-ups ranging from 2. Send us a WhatsApp with Cecilia Too (012) 319 7666 "NEWS" and your full Account Manager billion and has lined up RM1.4 bil- “The management of Jaya 752 sq ft to 1,677 sq ft. name in the message. Joane Tan (012) 377 2885 lion worth of new launches in FY20. Marketing Support & Ad Trafˎ c Madeline Tan (03) 7721 8218 email: [email protected] trending How do I get past issues of this weekly pullout? BUSINESS DEVELOPMENT Go to www.EdgeProp.my to download for free. Manager Nimalen Parimalam now Account Manager Stannly Tan Executive Nurfarah Diyana Mohd Firhad If you have any real estate-related events, email us at [email protected]. PRODUCT DEVELOPMENT LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. & CUSTOMER ADVISORY Senior Manager Elizabeth Lay Associate Omar Nawawi, Musang King Marathon Seksyen 35, , Selangor Maju, 53300 Kuala Lumpur Taiwanese Street Ayesha Hannah Amer Ezani Date: Aug 24 (Sat) Contact: (03) 5162 7600 Contact: (018) 777 3456 Food at The ERA For enquiries and listings Time: 11am to 3pm Enjoy freshly-brewed coff ee, Join the launch party of Henna Date: Aug 25 (Sun) email: [email protected] Tel: (03) 7733 9000 Venue: Hijayu Aman show cakes, pastries and sandwiches Residence, a development by Time: 11am to 5pm unit, Bandar Sri Sendayan, at while learning Beverly Group and feast on Venue: The ERA Sales EdgeProp.my pullout is published Seremban, Negeri Sembilan about the new off erings in the delicious food truck delights and Gallery, No. 238, Jalan by The Edge Property Sdn Bhd. It is available with The Edge Financial Contact: (1800) 88 2688 township such as Fleita, Clarino enjoy fun activities such as DIY Segambut, Kuala Lumpur Daily every Friday. The pullout Matrix Concepts Holdings and Althea by I&P Group Sdn cactus and Contact: (1700) 81 8081 is also distributed at more than Bhd’s Musang King Marathon Bhd, a member of S P Setia Bhd. succulent Enjoy must-try Taiwanese 200 ofˎ ces, shopping complexes, condos, medical centres and F&B continues, this time at Hijayu workshops, foods such as crispy fried outlets in the Valley. You can Aman. Feast on the King of Malaysian Delights at kids activities, chicken, oyster mee sua, also download it for free at Fruits for free before the season Tropicana Metropark lucky draws, sweet plums potato fries www.EdgeProp.my ends. There will also be lots of Date: Aug 24 & 25 (Sat & Sun) a light-up and tempura at The ERA other tropical fruits and kids’ Time: 11am to 5pm ceremony Sales Gallery this Sunday. Th e Edge Malaysia activities such as magic shows Venue: Tropicana Metropark and more! Publisher and Group CEO and clown performances. Property Gallery, No. 1, Jalan Malaysian Nuts Ho Kay Tat Delima 1/1, Subang Hi-Tech, Dinosaurs Alive Live Show About Coconut ‘Coffee on Us EDITORIAL , Selangor Date: Aug 24 & 25 (Sat & Sun) Date: Aug 25 (Sun) Editor-in-chief Azam Aris for Coffee Lovers’ Contact: (03) 5636 6888, Time: 11am to 5pm Time: 11am to 4pm CORPORATE Date: Aug 24 & 25 (Sat & Sun) (1700) 81 8887 Venue: Setia Eco Glades Lifestyle Venue: KSL Sales Gallery, Chief Operating Ofˎ cer Time: 10am to 5pm Enjoy delicious Malaysian Gallery, Persiaran Setia Eco Bandar Bestari Sales Offi ce, Lim Shiew Yuin ADVERTISING & MARKETING Venue: Alam Impian Welcome food at Tropicana Metropark Glades, Setia Eco Glades, No. 2, Jalan Langat KS9, Chief Commercial Ofˎ cer Centre, No. 1, Jalan Panglima this weekend and get to know Cyber 1, , Selangor Bandar Bestari, Sharon Teh (012) 313 9056 Hitam 35/26, Alam Impian, more about their limited- Contact: (03) 8008 2228 Klang, Selangor General Manager Fong Lai Kuan (012) 386 2831 time special Merdeka off er. Step back into the prehistoric era Contact: (03) 3122 2999, Senior Sales Managers for an unforgettable experience, (03) 3122 9268 Gregory Thu (012) 376 0614 Henna Residence launch at the Dinosaurs Alive Live Show. Enjoy nasi lemak, fresh coconut Head of Marketing Date: Aug 24 & 25 (Sat & Sun) Join S P Setia Bhd for a thrilling drinks and Sangkaya ice- Support & Ad Trafˎ c Lorraine Chan (03) 7721 8001 Time: 11am to 8pm (Sat) time in activities such as dino cream and take part in the & 11am to 6pm (Sun) rides, train rides and much more! nyonya kuih making workshop Venue: Quartz WM Sales No RSVP required as slots are on as well as other activities at Gallery, Jalan 34/26, Wangsa a fi rst-come, fi rst-served basis. Bandar Bestari this Sunday.

EP 4 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY COVER STORY MISLEADING?When is an ad considered

BY RACHEL CHEW

fter almost three years, Eva and her husband fi- nally collected the keys to their new condominium unit. It was exciting to fi- nally see their first home, and everything seemed fine at first, but it wasn’t long before their excite- ment turned to anger. Some facilities were miss- Aing, while others were incomplete, a far cry from the rendering in the project brochures that drew them to sign on the dotted line. Th e disappointed newlyweds were told that a developer is not required to provide everything seen in the brochure as they are not stated in the sale and purchase agreement (SPA). Th e developer suggested that the couple wait until the formation of the Joint Management Body (JMB) to suggest additions or upgrades to the “missing” or incom- plete facilities. However, what they were told is not accurate. “Under the Housing Development (Control and Licensing) Regulations 1989 (HDCLR), housing developers are required to give accurate informa- tion and true particulars in their advertisements. Promises have to be fulfilled! Pursuant to Regulation 2 HDCLR, advertisements Meanwhile, Marcus Hwang & Co partner in the context of a housing development include Normaliza Sulaiman says developers are account- the marketing brochure. able to the promises made in their marketing ma- “Pursuant to Regulation 6 HDCLR, certain par- terials or collaterals because most of the time, they Certain particulars are ticulars are to be included within the advertisement are deemed contractual terms and undertakings to be included within the and the said advertisement has to be approved by and are to be read together with the SPA. advertisement and the said the Controller as provided under Regulation 5 of the “Th ose promises are legally-binding on devel- advertisement has to be HDCLR,” Chur Associates managing partner Chris opers on the basis that the purchaser relied on Tan tells EdgeProp.my. Th e Controller of Housing the contents and information contained within approved by the Controller is under Jabatan Perumahan Negara (JPN) or the the material and brochure regarding the property, as provided under Regulation National Housing Department of the Housing and which induced the purchaser to buy said property. 5 of the HDCLR.” Local Government Ministry. “Failure to comply on the part of the developer — Tan Tan adds that under Regulation 5 (3) HDCLR, constitutes a misrepresentation,” the practising any misleading statement, false representation or lawyer tells EdgeProp.my. description of the information shall be an off ence Th erefore, she says, developers have to fulfi l EdgeProp.my and upon conviction, is liable to a fi ne not exceed- promises stipulated in the advertisement even if the | ing RM50,000 or imprisonment not exceeding fi ve promised aspects are not included within the SPA. years or both. However, Chur Associates’ Tan says this alone may not give the aggrieved buyer a basis to claim Those promises are legally- for damages as it is merely a prosecutorial action binding on developers on to be taken against the off ending developer. “In this context, a civil suit is taken against the the basis that the purchaser developer and the aggrieved buyer would have to relied on the contents and prove misrepresentation in the collateral market- information contained within ing schemes which led them to enter into the SPA. the material and brochure “Hence it is not a guaranteed claim that the court regarding the property. shall immediately grant damages to the aggrieved Failure to comply on the part buyers — they must prove it. Evidence and the con- text of the misrepresentation are key,” Tan states. of the developer constitutes a misrepresentation.” — Normaliza PICTURES BY MARCUS HWANG & CO, HBA AND LOW YEN YEING HBA AND LOW & CO, PICTURES BY MARCUS HWANG FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY EP 5 COVER STORY

What can buyers do? In Malaysia, property developers need to obtain the Developers Licence and the Sales & Advertis- ing Permit, or APDL, before a project is launched. Th is is to ensure that the government knows what is being launched, the price and the development details to prevent consumers from being misled. Tan notes that Subsection (3) and (4) of Section 5 of the HDCLR states that any misleading statement or false representation made by the developer in applying the licence constitutes an off ence and the housing controller may refuse to grant the APDL. Furthermore, Regulation 8 of the HDCLR also prohibits the developer from stating certain infor- mation in their advertisements that could mislead consumers, including promises of free legal fees, projected rental income, panoramic views, trav- elling time to interesting places and other terms to which the developer cannot lay proper claim, notes Normaliza. Interestingly, property buyers are not protected under the Consumer Protection Act 1999 (CPA). Section 11 (3) of the CPA states that the Act does not apply to housing accommodation which comes under the Housing Development (Control and Licensing) Act 1966 (HDA). “Section 103 of the CPA further provides that if there is a written law that provides for a mecha- Unfurnished facilities nism to redress the house purchaser’s claim, the What about the couple’s other complaint about Consumer Claims Tribunal will not have any ju- empty and incomplete facilities? What can you risdiction. Th erefore, the purchaser cannot seek do if some common facilities in your condo- any claim under said Act. Th e purchaser is enti- minium, such as the so-called gym contains no tled to claims and to seek relief under the HDA,” gym equipment? All the developer provides is Normaliza says. “Th erefore it is important for buyers to do their an empty room — does that constitute the gym However, Tan says the relevant Act would be homework prior to signing the SPA, such as check- mentioned in the SPA? What about the empty under the Contracts Act 1950. ing the developer’s track record and financial room with no books, or even bookshelves — can “Whilst marketing collaterals such as leafl ets standing. After all, prevention is better than cure,” the developer still call it a library? and brochures are not specifi cally-listed in the he advises. According to Normaliza, it is the developer’s SPA, it may be considered representation. Whether responsibility to make sure the common facili- or not such marketing collaterals amount to rep- What can JPN improve on? ties are ready to be used straight away, when the resentation depends on how assertive they are and What more can the authorities do to prevent mis- units are handed over to buyers. Developers are whether a reasonable man can be induced by it and leading advertisements in the market? “Common facilities that are provided in the now more cautious eventually rely on it and sign the SPA. If yes, then Koh says the regulator JPN is tasked with the 2nd Schedule of the SPA and in the Deed of Mu- such representation intends to have contractual duty of approving advertisements related to hous- tual Covenant (DMC) form part of the develop- in making claims force and is thus a contractual term,” Tan explains. ing development projects, and is the fi rst line of er’s terms and undertakings. Th e defi nition of a or promises in defence in ensuring that information on new pro- common facility includes its purpose and that it marketing their Low awareness of buyers rights jects are accurate. can be used by all the residents. What is a com- projects but While the laws are there to protect purchasers, “Th ey must be satisfi ed that the representation mon facility if it cannot be used for that purpose there are still HBA’s Koh says most purchasers are unaware of made in the developer’s proposed advertisements when it is built?” asks Normaliza. some recalcitrant their rights to seek justice when a developer does are backed by suffi cient documents, such as it be- She emphasises that the developer will be re- not fulfi l the promises in marketing materials. ing consistent with approved plans. In the event sponsible to equip the common facilities as the developers out “Th ere has been some improvement in public of doubt, developers should be requested to pro- equipment is part of the common facilities that there.” awareness and developers are now more cautious vide documents or an explanation to justify its are essential to meet the purpose of it being built — Koh in making claims or promises in marketing their representation,” said Koh. and used as common facilities by the purchaser. projects but there are still some recalcitrant de- He also urges the JPN to conduct random checks “Failure on the part of the developer to equip velopers out there. on a regular basis to ensure that only approved those items render the common facilities unfi t advertisements are being distributed to buyers. for their purpose and are deemed non-compli- “Th ere are cases where marketing agents ap- ant to the terms of the SPA and DMC. Purchasers pointed by developers give away unapproved ad- are entitled to take action against the developer vertisements containing unsubstantiated claims. for breach of said terms,” she says. Th is should be stopped. Wrongdoers should be National House Buyers Association (HBA) le- hauled up. Laws are toothless without adequate gal advisor and practising lawyer Koh Kean Kang enforcement,” he points out. tells EdgeProp.my that it is the duty of a devel- Koh also suggests that JPN study the possibility oper to fulfi l its obligations, including to equip of limiting the ambit of disclaimer clauses often the common facilities to ensure it is functional. found on advertisements, or to do away with them, He says in situations where common facil- in order to minimise public confusion. ities are not properly equipped according to “Furthermore, mandatory information in the those specifi ed in the list of common facilities, advertisement such as the developer’s licence, and aggrieved buyers can gather evidence of such tenure of the land and other information should entitlement(s) and request that the developer not be in fi ne print,” he says. fulfi l their obligations. Koh also strongly believes that the local author- “If the issue could not be resolved by nego- ities should ensure that any application from the tiation, the Management Corporation (MC) or developer to amend approved plans should not JMB can act on behalf of all parcel owners to take be entertained as a matter of procedure but must legal action against the recalcitrant developer be supported by the written consent of its buyers. upon seeking appropriate legal advice,” he says. “Local authorities must be reminded that pur- On the other hand, Chur Associates’ Tan says suant to the statutory SPA, no changes or devi- unless the developer specifi cally commits to a ations from the approved plans shall be made feature or certain equipment to be included un- without the consent in writing from the purchasers der the agreement and or marketing collaterals, except where the amendment is required by the the developer’s responsibility will be discharged appropriate authorities. It must be emphasised so long as it complies with the applicable build- that buyers have signed the SPA agreeing to the ing standards and the functionality of the com- approved plans set out in the SPA, and not what- mon facility has been certifi ed by the attending ever amendments are unilaterally applied by the architects. developer subsequently,” he notes. EP 6 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY NEWS

What build-to-rent augurs for EWI

SAM FONG | THE EDGE BY SHAWN NG

espite Brexit uncertainties in the UK, Eco World Is EWI ready for International Bhd (EWI) has Brexit? Tap or click positioned itself as to view video. a key player in the robust build-to- Drent (BTR) housing sector, whilst it keeps an eye on the open market

sales (OMS). INTERNATIONAL WORLD PICTURES BY ECO According to EWI executive vice chairman Tan Sri Liew Kee Sin, Liew: Factors contributing to BTR EWI’s BTR strategy would provide growth is the growing population, smaller margins but a safer route for undersupply of homes and the the company’s business in the UK. substantial number of investors Liew is also chairman of Malaysia’s looking to park their capital in the Eco World Development Group London residential market. Bhd, a major shareholder of EWI. BTR is currently favoured by de- velopers in the UK, and especially Why BTR so in London. BTR projects typically comprise is taking off homes built in a cluster of 100 to in London 10,000 units with amenities. Held • Market value could grow from by a single owner — often an insti- EWI’s BTR project be:here in Hayes consists of one-, two- and three-bedroom fully-furnished £9.6 billion today to almost tutional investor — these units are apartments with an average monthly rental of £1,400. rented out and managed by spe- £550 billion at maturity cialist residential asset managers • Difficult to buy a home and another 2,000 units to its port- appointed by the owner. as average house price is folio next year in order to meet its Number of BTR homes in the UK on the rise The BTR model originated from five-year target of managing 10,000 150 140,090 equivalent to more than 12 125,681 129,398 138,109 the United States but the trend BTR homes. 123,613 times the average income 110,439 caught on in the UK, and in re- “There are several factors con- 95,039 99,126 • Rising demand for rental 90,593 cent years it has seen strong growth. tributing to BTR growth — grow- 100 Figures from the British homes as population is ing population, undersupply of Property Federation show that expected to reach 10 million homes and a substantial number a total of 90,593 BTR units were by 2035 from about 8 million of investors looking to park their completed, under construction or today capital in the London residential 50

in the planning pipeline in the UK in market,” said Liew. Number of homes (’000)

• More people choose to SOURCE: BRITISH PROPERTY FEDERATION March 2017. This figure has spiked rent based on flexibility, Investor appetite in the residen- 0 by almost 55% to 140,090 units in convenience and the lifestyle tial market in London is largely 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 March 2019. they want coming from pension funds based Total Planning Under construction Completed Of the total units in March, there in the UK, US, Canada and East Asia are over 30,000 completed units • Strong interest from for the fact that residential property with an estimated value of £9.6 bil- institutional investors due to in London generates rents that are Peninsula, Embassy Gardens in pletions [of the terms in the con- lion (RM48.67 billion), according the long term, inflation-linked fairly close to inflation. Nine Elms and Wardian London tract] are met, they will pay you the to Savills UK. rental returns from BTR homes To recap, EWI’s love affair with in London Docklands in 2015. The land price and after that, they pay you This is expected to jump to about SOURCE: EWI, GREATER LONDON BTR started with the acquisition property developer has started every month as you build the units. 1.7 million BTR units worth almost AUTHORITY, GREEN STREET of a 70% stake in Be Living, the reporting profit since the third So there is no need for borrowings. £550 billion at what industry play- ADVISORS & SAVILLS UK residential development arm of quarter of its financial year ended “The only risk that we take on ers call “full maturity”. Willmott Dixon Holdings Ltd. Oct 31, 2018 (3QFY2018) due to is basically construction cost but The sharp growth has not es- by EcoWorld London itself. This led to the birth of EcoWorld the completion and handover of even so, we will lock in all the con- caped EWI. Through its 70%-owned Among the BTR projects, be:here London, which enabled EWI to most units in London City Island tractors in place during the signing joint venture EcoWorld London, the has been operational since February venture into the BTR sector as well and Embassy Gardens. [of contracts] with the investor,” he company currently has some 1,450 2017 and the occupancy rate for the as mid-market homes for OMS on elaborated. BTR homes that are completed one, two and three-bedroom fully- 12 sites in Greater London and the The beauty of BTR over OMS More interestingly, with BTR, or under construction in London. furnished apartments currently Southeast of England in 2018. With one leg firmly in the BTR busi- EWI will no longer remain a mere The portfolio comprises 597 stands at 98%. The average monthly EWI’s first foray into the ness, EWI is in no hurry to add to developer in London. units in phase one of Barking Wharf rental is about £1,400 per unit and UK began with the EcoWorld- its land bank for new OMS pro- The company has now expanded in Barking, 487 units at Kew Bridge tenancies range from six months to Ballymore joint venture that is jects. While OMS in the UK invest into property and facility manage- in Brentford, 119 units at be:here in three years. currently developing three prime forward, this is not the case for ment on top of the home renting Hayes and the remaining at be:here EWI aims to add another 1,000 waterside residential projects in BTR as the institutional investor business. in East India — all being managed BTR homes by the end of this year London City Island in Leamouth provides the progress payments While this will bring recurring for construction. income, it also means EWI will have The downside of BTR is a lower to ensure that it stays true to its margin for EWI but the company is brand promise of excellence in all shielded from the higher risk of OMS, aspects of its operations, which where earnings from a project are includes consistently delivering recognised only after completion. unmatched service and product “BTR also carries risks, but a quality to customers, and a proac- smaller risk,” said Liew at a briefing tive approach to managing environ- with Malaysian and Singaporean ment, health and safety practices. journalists on Aug 15 in London. Nevertheless, the Brexit dead- This is because BTR deals are line of Oct 31 is a date to watch. It usually conducted on a forward will be interesting to see whether EWI's projects funded basis in the UK, explained the UK will leave the European comprise EWI president and CEO Datuk Teow Union with a deal or not and how BTR and OMS Leong Seng, who was also present companies like EWI will respond products, at the briefing. and perform post-Brexit. such as Kew “[Under a forward funding ar- Bridge in rangement], you sign a contract Go to www.EdgeProp.my for Brentford. with the investor and once the com- more related videos and stories. FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY SF 1

A SPECIAL FOCUS BY LIVING BY THE FOREST AT AUGUST 23, 2019 SETIA ECO TEMPLER

he forest, fresh air, waterfalls, and Notably, the design concept of Setia Eco Templer was BROUGHT TO YOU BY everything else one loves about the great drawn from local history — that of the former British outdoors — all at your doorstep. Life High Commissioner Sir Gerald Templer and his journey to at Setia Eco Templer off ers all that and Malaya in 1952. more. Hailing from Essex, a small town in the UK, Sir Ger- For city folks in Kuala Lumpur, living ald Templer arrived through the Melaka Straits via Bali, Tamidst nature is something they could Indonesia. His origin serves as the inspiration for the name of only dream of, but just wait until you step Setia Eco Templer’s fi rst residential phase — Essex Gardens into Setia Eco Templer, S P Setia Bhd’s township development with its English-inspired design concept. Th is was followed located in Templer Park, Rawang, Selangor, just 23km away by the Peranakan culture-inspired phase 2A called Peranakan from the Kuala Lumpur (KL) city centre. Straits and the Balinese-themed phase 2B called Amantara. With the majestic hills of Bukit Takun as its backdrop, the “Th is project is based on the story of Sir Gerald Templer’s development lies within a green sanctuary embraced by the journey to Malaya. Th e natural reserves at Templer Park was rainforest at Templer Park and the Kanching Eco-Forest Park. named after him. Even this clubhouse, which was built 30 Th e 194-acre modern township development launched its years ago was named after him. Th is is the real history of this fi rst phase in 2016, off ering English, Peranakan and Balinese- place and we wish to remind people of this through this de- inspired bungalows, semidees, link villas, two- and three- velopment,” says Setia Eco Templer Sdn Bhd general manager storey shop offices and a Rumah Selangorku affordable Dianne Chan at the refurbished colonial-design clubhouse. housing scheme. CONTINUES NEXT PAGE

The freshest mist and fl owing water of the creeks are daily blessings for the residents of Essex Gardens, Setia Eco Templer. SF 2 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY

The newly-completed Essex Gardens, the first phase of Setia Eco Templer

FROM PREVIOUS PAGE Instead of tearing down the former Templer Club 5km away, retail shops, medical facilities and prima- House as it was known then, S P Setia forked out ry, secondary and international schools. RM15 million to refurbish the 150,000 sq ft clubhouse, GIANT turning it into Setia Eco Templer’s sales gallery and LIMITED UNITS AVAILABLE offi ce cum event space for many usages. It will even- Also launched after Essex Gardens in 2016 was the tually be a clubhouse for future residents. sole commercial component in Setia Eco Templer As a nature lover, Chan’s fi rst experience during a TREES AND called Th e Grove @ Templer. It consists of 40 exclusive visit to scout the site with Datuk Koe Peng Kang, S P 2- and 3-storey shop offi ce units with built-ups from Setia senior executive vice president, took her by sur- 2,996 sq ft to 7,262 sq ft. Th ey off er highly coveted prise when they discovered the rich fl ora and fauna. main road frontage and ample parking bays. “We also encountered a total of nine creeks on the GURGLING Th e shop offi ces at Th e Grove off er versatile layouts, land which fl owed from the forest reserves. Some of high ceilings and sophisticated glass facades making them were mini but they were all-natural. We also them ideal for a diverse range of businesses such as saw many birds which we later found out —through F&B outlets, showrooms, clinics, salons, laundromats, research that we sponsored— that there were a num- BROOKS banks, boutiques and others. ber of rare bird species there. Most of the units have been snapped up with only “So we decided to minimise construction interrup- a limited number of bumiputera units left, priced tions to the natural life there and decided to build hous- from RM1.8 million. es around the natural setting instead of just fl attening S P Setia then launched phase 2A called the land and using every inch of it,” explains Chan. Peranakan Straits in 2017, featuring 168 units of Ma- Th e developer’s decision resulted in the preserva- lay Archipelago and Peranakan era-inspired villas tion of the majestic old trees at Essex Gardens located next to the forest reserve north of the township and the Th e best thing is, residents of the whole of Setia We decided nine creeks that run through the entire development. Eco Templer, and not just those at Essex Gardens, Each creek was preserved and named after existing will get to enjoy living in such a natural environment. to minimise creeks near and around Essex, namely Carson Creek, Th e green and serene environment calms the mind construction Alresford Creek, Bramble Creek, Oakley Creek, Ce- and has attracted many nearby residents to come here dar Creek, Benfl eet Creek, Turtle Creek, Flag Creek for a walk at the lakeside (which will be reserved for interruptions and Lawling Creek. the exclusive use of the township’s residents eventu- to the natural S P Setia also allocated more than half a million ally) daily, especially at the dawn of the day when the ringgit to transplant 380 trees from the former golf place is covered by morning mist and the air is fresh- life there and course land. Aged but healthy trees were left where est, even more so following a heavy downpour of rain. decided to they were while houses were built around them. It is no wonder then that the temperature at Tem- “Th ose giant mature trees alone make the place pler Park is one to two degrees Celsius lower than in build houses iconic. You hardly see full grown trees in a new pro- the KL city centre, which can be easily accessed from around the ject. Yes, we sacrifi ced a number of units because we the township via the toll-free roads of Jalan Rawang natural setting. want to maintain the natural environment. But we are and Jalan Kuching. happy to do so simply because it is a shame to chop Setia Eco Templer is also connected by the North- — Chan these full grown, healthy old trees just to build more South Expressway (NSE), Guthrie Corridor Express- houses,” says Chan. way and Kuala Lumpur- Expressway (LATAR). MIST IN THE MORNINGS Th e recently completed Rawang- bypass Completed and being handed over gradually since end also cuts the journey to Serendah, and KL of June 2019, Essex Gardens comprises 234 homes in- city centre from two hours to about 30 minutes dur- cluding bungalows, semidees and link villas, set amidst ing peak hours. English- themed pocket parks and landscaped gardens. Besides being able to enjoy nature’s bounty, the Take a stroll through Essex Gardens today and you gated-and-guarded Setia Eco Templer also has com- can hear the water bubbling through the creeks, birds mon facilities for its residents such as a clubhouse chirping and the breeze rustling through the leaves with an Olympic-size swimming pool, gymnasium, and branches while the endless green of the forest jogging track, playgrounds, parks and 24-hour security. can be admired in the background. Amenities nearby include Tesco Rawang about FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY SF 3

Top: The English- inspired homes of Essex Gardens are now a reality.

Right: Setia Eco Templer was planned and built around a natural setting such as the natural creeks that fl ow from the forest reserve.

The majestic hills of Bukit Takun is just a stone’s throw away from Setia Eco Templer.

and semidee homes. Th ese units have unique design The Grove @ Templer features such as stained glass windows, high ceilings is the exclusive and large balconies. commercial property Built-up areas of the Peranakan Straits units range in the township. from 2,292 sq ft to 2,797 sq ft and is priced from RM888,000 onwards. Some 80% of the units have been sold so far. Th is phase is 35% completed as at July 2019 and is slated for completion by end-2020. Meanwhile, phase 2B or the Balinese-themed Amantara homes have seen a 50% take-up since an offi cial launch a few months ago. Amantara comprises 155 units of link villas, sem- idees and bungalow homes with built-ups ranging from 2,598 sq ft to 4,516 sq ft and prices starting from RM1.06 million. One of the most eye-catching design features of Amantara homes is the integration of Balinese-style stone carving art on some of the exterior walls. Th e design concept of the homes are in keeping with the township’s rustic environment and it is this wonderful homage to nature that makes Setia Eco Templer an extraordinary place to live. Peranakan-inspired design of the Peranakan Straits homes. SF 4 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY

ATTRACTIONS that was held in Malaysia. Part of the RAWANG FOR park has been taken over and is being managed by a private company, but the public can still frequent and camp in certain allocated areas of the park. NATURE LOVERS If you fancy spending a night camping in the woods, the campsites are available for rent at RM10 per day from the park’s management offi ce, the t is no doubt that Rawang is one of the most forest offi ce. The rapidly growing areas in the to- campsite comes with basic toilet and day. The former tin-mining town used to be Rock climbing in Bukit Takun bathroom facilities. made up of a few rows of shophouses, but to- Bukit Takun is an icon of the Templer I Park Country Club, in fact, of the entire Picnic at Kanching waterfalls day Rawang has grown and developed into a vibrant address for homebuyers and businesses alike. Templer Park. Bukit Takun is a beautiful Kanching waterfalls is located in the This is largely due to improvements in amenities 300m high limestone hill which became Kanching Eco-Forest Park. The falls and connectivity, as well as the variety of properties the fi rst rock climbing site in Malaysia off er seven levels and it takes around available there. with routes bolted in since 1985. one hour to reach the top. However, the Rawang is blessed by nature, especially if one stays Climbers often consider it a clean trail could be slippery and challenging in Templer Park, east of Rawang, which is nestled and quiet place off ering magnifi cent views as the trail is next to the waterfall. between the Bukit Recreational Forest and along the way. Nevertheless, it is a popular picnic Sungai Tua Recreational Forest — two major forest spot, especially level 4 where the reserves in the Klang Valley and home to many out- Trekking in Taman Rimba Templer waterfall off ers a spacious natural door recreational and nature spots including Templer Taman Rimba Templer, better known platform and a pool where visitors sit and Park, Kanching Eco-Forest Park and the Common- as Templer Park, off ers beginners or relax with their feet in the cool water. wealth Forest Park. intermediate hikers a trek of an asphalt Templer Park is indeed a unique place to stay, yet path that gradates into concrete, then it is only 23km away from Kuala Lumpur city centre ascending stairs that lead to the jungle via toll-free roads. trail. There are a few halfway points on One could enjoy the morning mist, fresh air and the entire 4.5km loop trek, but be ready waterfalls while engaging in jungle trekking, camp- to cross several streams. This is a good ing and other activities in and around Templer Park. choice if you want a dash of adventure Here are some places to go and things to do there. in the rainforest.

Above: Templer Park or Camping at the Commonwealth Taman Rimba Templer is Forest Park Scenic drive on the known as the green lung The Commonwealth Forest Park was The Rawang Bypass, also known as the of Rawang. established in 1993 to mark the 14th Rawang-Serendah Highway, is a toll-free Commonwealth Forest Conference highway that took 12 years to complete. Left: The waterfalls at It opened at the end of 2017. Kanching Eco-Forest Park About 2.7km of the 10km Rawang is a popular picnic spot. Bypass is an elevated viaduct with its tallest pillar coming in at 58.2 meters, making it the tallest toll-free highway in Malaysia. It off ers unobstructed picturesque views of the Serendah area and the forest reserves of Templer Park. Ravenous in RAWANG

Residents in Templer Park or anywhere Restoran Teratak Nogori Restoran R. Cheng Fei Nesan Curry House Restoran Lan Je else in Rawang, Selangor will never have Restoran Teratak Nogori is a Zhou Yee Wantan Mee Nesan Curry House is no Restoran Lan Je was the one that popular breakfast/lunch place The name of the restaurant ordinary Indian food restaurant. made steamed tilapia famous as to worry about going hungry, as there are for nearby residents as well as sounds quite a mouthful but it It makes and serves fresh puttu it is probably the fi rst restaurant a myriad of food choices there. Foodies in those who are looking to get explains clearly in Chinese its and appam right at the front of off ering this dish as a specialty. the know can tell you about the numerous breakfast before they go off star dish — the steam tilapia the shop. Besides those fresh With more than 10 branches to trek the jungle or visit the fi sh with wantan noodles. snacks, the restaurant also now open in the Klang Valley decades-old local Chinese restaurants in waterfalls as the restaurant is Steamed tilapia fi sh is taken off ers an extensive array of and Ipoh, the restaurant began the Rawang town centre that often attract open as early as 6am. to another level here by being South Indian dishes from banana in Rawang back in 1978, large crowds with long queues forming at The humble place is known paired with the traditional egg leaf rice to chapatti fl at bread. operating from a small shoplot for its nasi lemak kukus while noodle. However, the most well- which has remained a favourite their shop-fronts even before they open other dishes on the menu such The restaurant has a good known dish here is the spicy among customers till today. for business. as nasi lauk have their fans too. spread of other dishes on its dry-fried chicken (Chicken Restoran Lan Je off ers just There are other places worth a try menu but they do not come Varuval) that could be spotted ONE type of signature steamed ADDRESS: 58, Gerai MPS close in popularity to the six star on almost every patron’s table. fi sh, each individually-served beyond the town centre itself that locals Batu 16, Rawang choices — curry, tom yum, classic It is undoubtedly the must-have — the black tilapia with soy haunt. They are still relatively below OPENING HOURS: oiled, deep fried, spicy bean item here. sauce, chopped garlic, ginger the radar of most foodie Malaysians, so Opens daily from 6am to 4.30pm, sauce and golden mushroom and cili padi. The restaurant except on Monday of individually-served steamed ADDRESS: 54 & 59, also serves sides of vegetables, better visit them before they become TEL: (014) 261 1907 fi sh with noodles. Jalan Welman, Rawang chicken and tofu. more popular! OPENING HOURS: Here are four of the best treats ADDRESS: No E-13, Jalan LKS 5, 7am to 11pm ADDRESS: 45, Setia Rawang 1, Kampung Lee Kim Sai, Rawang TEL: (03) 6093 1179 Taman Setia Rawang, Rawang Rawang has to off er. OPENING HOURS: OPENING HOURS: Monday: 8.15am to 5pm / 11.30am to 3pm and Tuesday to Sunday: 8.15am to 7pm 5.30pm to 10pm daily. TEL: (012) 304 5671 Closed on Tuesday. / (016) 983 4888 TEL: (017) 619 1599 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY EP 7 PROPERTY CHAT

HBA: Five tips for the success of proposed RTO schemes

ousing and Local Govern- based on the prevailing market price in the the Landlord or Owner of the said property ment Minister Zuraida BY DATUK CHANGG future, the tenant/aspiring buyer may not cannot decline. KIM LOONG Kamaruddin said recent- be able to aff ord it. ly that several rent-to-own Obligations after executing the (RTO) schemes will be Monthly rentals (before option to buy launched in September. for the M40 would go a long way towards execution of option to purchase) Any payments required to execute the op- HThe Housing Minister went on to say that helping the rakyat own homes. Th e monthly rent of such housing units (be- tion to purchase the property must be clear- her ministry, together with several banks, A typical RTO scheme is supposed to fore executing the option to buy) should be ly stated upfront together with the revised are in the final process of introducing provide a lower entry cost to owning a unit cheaper compared to the prevailing market monthly payments required. It is envisaged the schemes, especially to those earning as the tenant does not need to pay for the rentals or equivalent to monthly loan instal- that the monthly payments will be higher and RM3,000 and below. hefty 10% down payment to secure the unit, ments for similar housing units. In addition, the Tenant must be clearly informed of the re- In principle, the House Buyers Associa- and legal fees and stamp duties for tenan- the rent and any rate of subsequent increase vised amount in order to make an informed tion (HBA) supports RTO schemes if such cy are typically cheaper compared to that should be stated upfront. decision whether to exercise the option. schemes can truly help the rakyat, espe- of loan agreements and sale and purchase Th e HBA also calls for careful screening cially the low- and middle-income groups, agreements. Protection for both Tenant and of all participants of this RTO scheme to to buy their fi rst homes. With the current Th e Tenant merely needs to rent the unit Landlord ensure that it reaches the intended target high property prices compounded with the by paying the security deposit (typically up So long as the tenant is paying his monthly group. In addition, the HBA calls for regular rising cost of living, a majority of the rak- to three months’ rental) and some utility obligations on time and in full, the Tenant checks to be conducted to ensure that such yat, especially the low-income, and even deposits and can immediately rent said must be guaranteed the right to occupy the RTO units are not sub-leased out. the middle-income segments, fi nd it very property with an option to purchase in the property during the contract period. Th e As there are plenty of overhang properties challenging to buy their fi rst homes. Th is is future. Th e Tenant needs to pay the month- Landlord cannot arbitrarily evict the Ten- (completed but unsold housing units), HBA especially true for the younger generation ly rental and when the Tenant is fi nancially ant/Buyer. At the same time, should the calls for the government and private devel- and single income families. ready to purchase said property, the Tenant Tenant/Buyer default on his or her obliga- opers to off er these overhang properties for HBA had, in the past, called for the RTO can exercise the option and will need to pay tions, the Landlord must be able to evict the the RTO schemes. Th is will off er some cash schemes to be expanded to include the a revised monthly instalment payment. recalcitrant Tenant/Buyer. fl ow relief to developers and off er immedi- middle-income segment or M40 segment. In order for RTO schemes to succeed, it ate housing units to the participants of the Traditionally, RTO schemes were meant has to have the following key features. Option to buy is exercisable at RTO schemes. for the lower-income segment or those in the sole discretion of Tenant the urban poverty or B40 segment in the Price of the property Th e Tenant should not be legally obligated Datuk Chang Kim Loong is form of public housing programmes such Th e price of the property must be locked to purchase the property. In the event that the Hon. Secretary-General as People’s Housing Project (PPR) homes. in based on today’s price and not the pre- the Tenant does not wish to exercise the of the National House Due to escalating house prices and the ris- vailing market price, say, fi ve years in the option to purchase the property, the Ten- Buyers Association (HBA). ing cost of living, even the M40 with median future. Th is is because the rate of increase ant must be allowed to continue renting the HBA can be contacted at: monthly household incomes of RM6,275 fi nd in property prices are normally higher than said property based on terms that has to be Email: [email protected] it challenging to buy their dream homes. Th e the infl ation rate or rate of increase in sal- stated upfront. Should the Tenant wish to Website: www.hba.org.my HBA believes that developing RTO schemes aries. If the property price is going to be exercise the option to buy the said property, Tel: +6012 334 5676

NEWS

Can air pollution trigger depression and schizophrenia?

123RF BY SONIA ELKS The World mental health to exposure to air pollution Health up to the age of 10 while in the United States LONDON: Air pollution chokes lungs and Organization they looked at real-time pollution levels. shortens lives but is also linked to a higher estimates that Childhood exposure was linked to a more risk of mental illnesses, said researchers re- air pollution than two-fold increase in schizophrenia cently in a study based on health data from kills seven among the Danish patients, said the re- millions of patients in the United States and million people searchers, as well as higher rates of per- Denmark. each year. sonality disorder, depression and bipolar. People exposed to poor quality air in both Th e U.S. data also found poor air quality countries were more likely to be diagnosed was associated with higher levels of bipo- with bipolar disorder or depression, found lar and depression, but did not fi nd it was the study, although critics argued it was correlated to several other conditions in- fl awed and said more research was needed cluding schizophrenia, epilepsy, and Par- to draw fi rm conclusions. kinson’s disease. “Th ere’s quite a few known triggers (for However, the study has proved contro- mental illness) but pollution is a new di- versial. rection,” study leader Andrey Rzhetsky, of A critical commentary by Stanford pro- the University of Chicago told the Th omson every minute — more than the combined karta experiment with car-free days. fessor John Ioannidis, which was published Reuters Foundation. total from war, murder, tuberculosis, HIV, But while pollution’s impact on physi- alongside the study, said it raised an “in- “Research on dogs and rodents shows air AIDs and malaria. cal health is well known, links with mental triguing possibility” that air pollution might pollution can get into the brain and cause It could shorten the life expectancy of illness have been less explored. cause mental illnesses but had failed to make infl ammation which results in symptoms children born today by an average of 20 Researchers compared health data and a clear case. resembling depression. It’s quite possible months, according to research published by local pollution exposure for 151 million U.S. “Despite analyses involving large data- that the same thing happens in humans.” U.S. nonprofi t, the Health Eff ects Institute, residents and 1.4 million Danish patients sets, the available evidence has substantial Th e World Health Organization (WHO) earlier this year. for the study published in the PLOS Biol- shortcomings and a long series of potential estimates that air pollution kills 7 million Increasing concern over the issue has ogy journal. biases may invalidate the observed associ- people each year - equivalent to 13 deaths seen cities including Paris, Bogota, and Ja- For the Danish patients they compared ations,” he wrote. — Reuters EP 8 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY INSTA-SPOTS

Left: The multicolour panels of

EdgeProp.my the facade are accompanied by portraits of locals with various wares signifying local culture, dubbed “citizens of KL”. PICTURES BY LOW YEN YEING PICTURES BY LOW |

BY CHIN WAI LUN

he facade of citizenM Kuala Lumpur Bukit Colourful, Bintang sports multicolour panels and equally vivid portraits of 15 individuals who were handpicked by contemporary Tthe hotel, dubbed ‘citizens of KL’ — shot by photographer and art director Jayden Tan — holding various objects that represent the diverse, unique and multicultural landscape of Kuala Lumpur. AND MODERN It is an Instagram-friendly ho- Above: The MoodPad allows travellers tel, as chief operations offi cer of cit- to select the hue of their rooms’ izenM Michael Levie describes it to ambient lighting. EdgeProp.my, “We love to inspire oth- ers with our space. We have amazing art hanging from our walls and fantas- Left: All rooms tic designer furniture that are creative come in similar and contemporary, exactly what we sizes and (citizenM) want to be.” conˎ gurations in Located at the heart of Kuala Lumpur citizenM Kuala in Jalan Pudu, Bukit Bintang, the 210- Lumpur Bukit room hotel opened in July 2019. Guests Bintang. are within walking distance to food hotspots like Jalan Alor and shopping Right: The lobby, districts in the Golden Triangle. or living room, as “Hotels change ever so slowly. [Th ey] citizenM calls it, are not known for innovation and trans- is adorned with formation. A hotel typically simply colourful and chic opens its doors and invites everyone modern furniture to take a room, just consume. and decor. “Admittedly, [citizenM] is not that diff erent, but we focus on a specifi c group of travellers — frequent ones,” Not a lobby, but a living a home is usually the kitchen, [hence] said Levie in early July, during a me- room we design our communal spaces ac- dia preview of citizenM Kuala Lumpur Upon entering, guests are greeted cordingly. When you walk in you’ll see Bukit Bintang. by self-check-in kiosks which are the bar in the centre. It is more a living citizenM was founded by entrepre- equipped with passport/ID scan- room than a lobby. We combine the neur Rattan Chadha with the fi rst cit- ners. This is where citizenM touts bar and meeting spaces. With that in izenM hotel at Amsterdam’s Schiphol its 60-second check-in. Just scan the mind, we hope our guests will mingle Airport in 2008. credit card you made payment with and not just stay in their rooms. This was followed by citizenM at the kiosk and your cardkey will be “It is an ideal place to hang-out and Amsterdam in 2009, citizenM Glasgow ready for use. network. Travellers do not spend much in 2010, and citizenM London Bankside Resplendent in a rainbow of hues, time pent up in their rooms. Th ink of in 2012. Rotterdam, New York, Paris and every corner of the lobby is fi lled with this as more of a co-working space.” others followed soon after. vividly-coloured designer furniture In keeping with citizenM’s philos- In 2017, the company ventured into and contemporary art collections. Th e ophy of making its hotels unique, the the Asian market with its fi rst location at common spaces are designed with the lobby also features artwork and sculp- Taipei North Gate. Further expansions living room of a home in mind. tures from local artists likes Azizi Latiff are in the pipeline. As Levie puts it: “Th e epicentre of and Afi q Faris, among others. FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY EP 9 INSTA-SPOTS

Below: The multicolour theme of the hotel is also reː ected in the common area on the ˎ rst ː oor.

Left: A view from the ˎ rst ː oor of the lobby with ample seating for guests as they mingle.

Below: "[The lobby] is an ideal place to hang out and network," said Levie.

citizenM Kuala Lumpur Bukit Bintang is located at 128 Jalan Pudu, Bukit Bintang, 55100 Kuala Lumpur.

Above, from left: Vice President Meeting spaces HighӸtech rooms Asia of citizenM One will not fi nd plain walls or dull All citizenM Kuala Lumpur rooms Hotels Toni furniture here. The three meeting come in a single size (about 150 sq Hinterstoisser, rooms are dubbed societyM, and two ft). Each are equipped with the essen- hotel manager of these are set up in boardroom style tials – in this case a king-sized bed, of citizenM KL and can fit up to 14 people. The re- high-speed WiFi and blackout blinds. Aarron Nelson and maining room can be transformed into A standout feature here is the ‘Mood- Levie. a presentation space, mini movie the- Pad’, as citizenM calls it — an iPad with atre or reception room. a little extra magic. Th e device oper- Th e same design philosophy of the ates as a ‘digital butler’ of sorts, and al- hotel applies to the meeting rooms as lows guests to control almost every as- well, featuring colourful decor and fur- pect of the room, including the blinds, Right: Located niture suff used in plenty of natural light. lights and temperature. right outside the To keep things consistent, other citizenM Guests can experiment with diff erent meeting rooms is branches around the world feature sim- mood lighting and colour hues with a a common area ilar aesthetics, with only slight variations touch of the MoodPad, customising the with workstations. to refl ect the respective local cultures. ambience of the room to their fancy. EP 10 FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY NEWS

From left: EdgeProp.my director of product development Alvin Ong, Berjaya Land senior manager of properties marketing Sharon Loh, the three Xiaomi Mi Fit Band 4 winners, EdgeProp.my executive editor Sharon Kam and Berjaya Land properties marketing general manager Teh Baizura Mohsin.

A morning of fun and ˎ tness at Berjaya Property Gallery Hum giving a talk on managing back pain.

PICTURES BY LOW YEN YEING | EdgeProp.my BY CHIN WAI LUN “Lower back pain is a very common health problem worldwide. It aff ects 40% of peo- KUALA LUMPUR: Did you know that a ple at some point of their lives,” said Hum. 30-minute jumping session on a trampo- She explained that back pain can be clas- line can burn about 200-300 calories? sifi ed as acute, sub-acute or chronic, de- Participants at EdgeProp + Berjaya Land pending on the duration of the pain. Fitness, Fruits and Fun Day at Berjaya Prop- Th e event ended with some lucky partici- erty Gallery in Bukit Jalil here on Sunday, pants going home with prizes such as movie Aug 18, 2019 had a jumpstart to the day with vouchers, Jumping Fitness Malaysia passes a trampoline session by Jumping Fitness and Xiaomi Mi Fit Band 4s. Malaysia, led by its founder and general One of the participants, Grace Th ye said: manager, Ritchie Lee. “Fitness is very important, especially for Th e fun and high-intensity exercise in- Malaysians as some of us tend to lead un- volves a series of body movements like run- healthy lifestyles. And the trampoline session ning on the spot, stretching, hopping and was very fun and exhilarating too!” more. Balance is important and the exercise Participants also had the opportunity to also engages the core muscles. check out Berjaya Land’s Th e Tropika show Participants could also obtain a free body units at the property gallery. composition test provided by InBody Asia, Th e Tropika @ Bukit Jalil is a unique na- whose managing director Erica Kim gave a ture-inspired mixed lifestyle development talk explaining the benefi ts of knowing your comprising residential and commercial body composition. components. Th e freehold project spans 6.5 Another highlight of Sunday’s event was acres with four residential towers. Priced a talk on how to prevent and manage back from RM575,800, the units have built-ups pain by physiotherapist Carolynn Hum. from 732 sq ft to 1,318 sq ft. Ong (far left) and Kam (far right) with more lucky draw winners.

Above: Jumping Fitness Malaysia instructors posing with participants after the trampoline exercise session.

Right: A guest measuring his Visitors helping body composition at themselves to the InBody Asia’s booth. Participants having a fun time during the trampoline exercise fruit cups provided session by Jumping Fitness Malaysia. at the event. FRIDAY AUGUST 23, 2019 • THEEDGE FINANCIAL DAILY EP 11

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RM3,500,000 RM2,061,720 RM1,800,000 RM2,150,000 The Troika, KLCC, 8 Conlay by Kelly Hoppe, Puncak Ukay, Ukay Heights, Senja Private Lakeside Estate, Kuala Lumpur KLCC, Kuala Lumpur Ampang, Selangor , Selangor Type: Condominium Tenure: Freehold Type: Condominium Tenure: Freehold Type: Condominium Tenure: Freehold Type: Bungalow Tenure: Leasehold Built-up: 2,144 sq ft Bedroom: 3 Built-up: 705 sq ft Bedroom: 1 Bathroom: 2 Built-up: 2,868 sq ft Bedroom: 4 Built-up: 3,249 sq ft Bedroom: 6 Bathroom: 4 Bathroom: 3 Bathroom: 8

Ian Tang (REN 22803) Ian Tang (REN 22803) Jimmy Ng (REN 02015) Joanne Soh (REN 13124) REAPFIELD PROPERTIES (HQ) REAPFIELD PROPERTIES (HQ) REAPFIELD PROPERTIES (KL) CBD PROPERTIES SDN BHD SDN BHD E (1) 0452 SDN BHD E (1) 0452 SDN BHD E (1) 0452/1 E (1) 1197 +6018 278 3154 +6018 278 3154 +6016 257 0886 +6012 297 6506

LIDM1128384 LIDM1136234 LIDM1136240 LIDM1136105

RM145,000 RM8,500/mth RM5,700,000 RM6,500,000 Pangsapuri Cempaka, Kiara Hills, Sri Hartamas, Bukit Damansara, Damansara, Kuala Lumpur , Selangor Kuala Lumpur Kuala Lumpur Type: Bungalow Tenure: Freehold Type: Flat Tenure: Freehold Type: Semidee Tenure: Freehold Type: Bungalow Tenure: Freehold Built-up: 5,500 sq ft Land size:ԝ7,500 sq ft Built-up: 650 sq ft Bedroom: 3 Bathroom: 2 Built-up: 5,000 sq ft Land size:ԝ3,000 sq ft Built-up: 5,000 sq ft Land size:ԝ5,000 sq ft Bedroom: 6 Bathroom: 5 Bedroom: 6 Bathroom: 6 Bedroom: 4 Bathroom: 6

Kelvin Tan Khai Yik (REN 31324) KS Kunnam (REN 02795) KS Kunnam (REN 02795) Shawn Fernandez (E2445) ASPIRE PROPERTIES RGROUP 1 SDN BHD RGROUP 1 SDN BHD FERNSTATE SDN BHD E (3) 1632 E (1) 1707/1 E (1) 1707/1 E(1) 0322 +6016 403 2222 +6019 387 3888 +6019 387 3888 +6012 288 1251

LIDM1107322 LIDM1125708 LIDM1005110 LIDM1132006

RM700,000 RM630,000 RM650,000 RM1,680,000 Rivercity, Jalan Ipoh, Le Yuan Residence, Happy Taman Saujana, , , Kuala Lumpur Garden, Kuala Lumpur Selangor Selangor Type: Condominium Tenure: Freehold Type: Condominium Tenure: Freehold Type: Terraced house Tenure: Leasehold Type: Semidee Tenure: Freehold Built-up: 1,504 sq ft Bedroom: 3 Built-up: 1,164 sq ft Bedroom: 2 Built-up: 1,850 sq ft Land size:ԝ1,400 sq ft Built-up: 4,000 sq ft Land size:ԝ4,788 sq ft Bathroom: 2 Bathroom: 2 Bedroom: 4 Bathroom: 3 Bedroom: 5 Bathroom: 5

Terrence Tih (REN 01644) Adeline Teh (REN 04207) Aiman (REN 20482) Elvie Ho (REN 22102) TECH REAL ESTATE SDN BHD TECH REALTORS PROPERTIES FML ZI VALUERS & PROPERTY REAPFIELD PROPERTIES (KL) E (1) 1537 SDN BHD E (1) 1492 CONSULTANTS SDN BHD SDN BHD E (1) 0451/1 +6017 668 2669 +6012 320 6520 VE (1) 0294 +6014 669 6250 +6012 303 3788