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Prudent Growth Quantum
JANUARY - MARCH 2020 2020: Prudent Growth Quantum 2020 is a significant year in many ways. Accordingly, the Metal Rat has been Not that the professional real estate It marks the start of a new decade, hailed to kickstart new beginnings practice would admit such factors into the Olympics returning to Tokyo for and renewals, this is said to be an the calculations, it nevertheless has an the second time and the World Expo auspicious year for those who have influence to some common beliefs at where countries of the world come yearned to be calibrated for a new the workplace, especially for Chinese- together to exhibit in one place and season. It is also touted to make 2020 run enterprises and family-owned this time they will convene in Dubai in a strong, prosperous and lucky year businesses who have abided by the October. For the Chinese, 2020 also because from metal, it produces conventional customs and wisdoms for represents a new beginning as the water and this is said to be ideal for generations. Lunar or Chinese New Year will usher productivity especially for those related in a new calendar cycle, starting with in the metal industry. In spite of this, And speaking of generations, Malaysia the Rat and to be more specific, it is the there were also contrasting views from is now experiencing a change in its year of the Metal Rat. renowned metaphysicians. demographic make-up where the JANUARY - MARCH 2020 HERALD 1 market outcome will only be realised when these factors have a definite resolution or that they have come to a harmonious conclusion. -
Tunnelling & Underground Space Development in Malaysia
COVER STORY Tunnelling & Underground Space Development in Malaysia Photo 1: TBM breakthrough at KVMRT Maluri Station in April 2014 (Picture courtesy of Ir. CK Lee) Ir. Dr Ooi Teik Aun is the Founder Chairman of the IEM Tunnelling and Underground Space Technical Division and an Organizing Chairman of the International Conference & Exhibition 2015 (ICETUS2015. He is also the current Chairman of Dispute Resolution Practice (DRP) Subcommittee. He is an Advisor for Consulting Engineering Special Interest Group (CESIG). Ir. Dr Ooi is an Honorary Fellow of IEM, Fellow of the Malaysian Institute of Arbitrators and Past President and is ICE Country Representative for Malaysia. He is currently the Chairman of Dispute Resolution Practice (DRP) Sub-committee and an Advisor for Consulting Engineering Special Interest Group (CESIG). Ir. Dr Ooi is an Honorary Fellow of IEM, Fellow of the Malaysian Institute of Arbitrators, Past President, the ICE Country Representative for Malaysia and the President of Southeast Asia Geotechnical Society (2010-2016). By Ir. Dr Ooi Teik Aun he development of tunnels and underground space in Malaysia has been slow T due, perhaps, to the geology of Kuala Lumpur and the lack of know-how and conidence among the construction industry in tackling the problems presented by the Kuala Lumpur Limestone Formation. But with the rapid development of tunnelling and ground formed at the seminar and inaugurated in 2001 with the improvement technologies in the last 30 years, this is set objective to undertake activities related to the promotion to change, especially with the active participation of and advancement of the science and engineering the International Tunnelling Association (ITA) and the of tunnels and underground space technologies. -
Service Disruption on Mrt Kajang Line Due to Signalling Problems
MEDIA STATEMENT FOR IMMEDIATE RELEASE SERVICE DISRUPTION ON MRT KAJANG LINE DUE TO SIGNALLING PROBLEMS KUALA LUMPUR, 16 August 2021- MRT Kajang Line is experiencing a service disruption due to signalling problems that were detected at 9.15am today that caused all trains that were in operations along the MRT Kajang Line to be held at platforms along its entire alignment starting from MRT Sungai Buloh Station to MRT Kajang Station. “The signalling problems are believed due to a technical issue and Rapid KL’s Engineering Department, together with BT Alstom who is the system’s manufacturer and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), are working to resolve this so that MRT Kajang Line could operate normally as soon as possible,” said a statement issued by the rail operator today. When the signalling problems were detected, all trains that were in operations switched to manual mode and were driven by Transit Officers to the nearest station, at a speed of not more than 25km/hour. Passengers were advised to disembark and take alternative transport in order to continue with their journey. Then, MRT Kajang Line suspended its operations from 11.15am to 3.45pm to allow for diagnostic work and full system reboot to be performed. It has since resumed operations at 3.45pm in revised service mode. “We deeply regret the inconvenience and would like to apologise to our passengers for this service disruption. For the safety of all involved, MRT Kajang Line is currently operating on revised service mode where trains would be moving slower and dwelling at platforms longer,” it added. -
MEDIA RELEASE for Immediate Release
MALAYSIAN RESOURCES CORPORATION BERHAD [Company No: 7994-D) Level 30, Menara Allianz Sentral, No. 203, Jalan Tun Sambanthan, Kuala Lumpur Sentral, P.O.Box 12640, 50470 Kuala Lumpur, Malaysia [tel] 603 2786 8080 / 603 2859 7070 [fax] 603 2780 5883 [url] www.mrcb.com • MEDIA RELEASE For Immediate Release Management Contract for Kwasa Utama Signed Between KUSB and MRCB Kuala Lumpur Sentral CBD, 28 October 2015 – Malaysian Resources Corporation Berhad (MRCB) is pleased to announce that it has signed a Management Contract with Kwasa Utama Sdn Bhd (KUSB) for the development of Kwasa Utama also known as Plot C8, located in the new Kwasa Damansara township in Sungai Buloh, Selangor Darul Ehsan. Signing the agreement for MRCB was YBhg Tan Sri Mohamad Salim Fateh Din, the company’s Group Managing Director, while KUSB was represented by its Executive Director, YBhg Dato’ Mohd Lotfy Mohd Noh. The witnesses to the signing were Encik Mohd Imran Tan Sri Mohamed Salim, MRCB’s Executive Director and Puan Nor Hazqiah Che Idris, Senior General Manager Corporate Services Kwasa Land Sdn Bhd. The Management Contract signing between KUSB and MRCB will kick off the 29.82-acre Kwasa Utama commercial development, which comprises 8 office towers, 1 block of hotel, 1 block of auditorium and 1 common facility block. In addition, Kwasa Utama development is located adjacent to Kwasa Sentral, which will make for an integrated Town Centre within the overall Kwasa Damansara Township, with direct connections to the MRT Line 1 (Sungai Buloh – Kajang Line) and future Line 2 (Sungai Buloh – Serdang – Putrajaya Line) . -
The Development and Distribution Pattern of Railway Network for Urban Public Transport Using GIS from 1990 Until 2019 in the Klang Valley and Kuala Lumpur, Malaysia
JOURNAL OF SOCIAL TRANSFORMATION AND REGIONAL DEVELOPMENT VOL. 2 NO. 2 (2020) 1-10 © Universiti Tun Hussein Onn Malaysia Publisher’s Office Journal of Social Transformation JSTARD and Regional Journal homepage: http://publisher.uthm.edu.my/ojs/index.php/jstard Development e-ISSN : 2682-9142 The Development and Distribution Pattern of Railway Network for Urban Public Transport Using GIS from 1990 Until 2019 in The Klang Valley and Kuala Lumpur, Malaysia Mohd Sahrul Syukri Yahya1*, Edie Ezwan Mohd Safian1, Burhaida Burhan1 1Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia, 86400 Parit Raja, Batu Pahat, Johor, MALAYSIA *Corresponding Author DOI: https://doi.org/10.30880/jstard.2020.02.02.001 Received 20 July 2020; Accepted 30 October 2020; Available online 30 December 2020 Abstract: The development and distribution pattern of the railway network has significantly increased in urban public transport with the current situation to move fast towards the fourth industrial revolution (4IR). In Malaysia, the problem issues are related to traffic congestion and many user cars on the roadway in daily lives. One alternative mode of using a rail network is commuter, LRT, Monorail, MRT and ETS. Therefore, the Geographic Information System (GIS) technology is then used to map and produce the railway networks history and developments in urban public transportation (UPT). The goal of this research is to identify the heatmap trends of the Klang Valley railway stations which included Kuala Lumpur as urban public transport sectors. It was based on the OSM image layer from the year 1990 to 2019 and studied the growth of railway networks through a polyline pattern analysis. -
Budget 2021 Review
Budget 2021 Review: We shall chart your Supersized financial course towards But Spread Too Thin a profitable future. 7 November 2020 7 November 2020 KLCI 1519.64 @ 6 November 2020 Budget 2021 “A something for everyone budget but not sufficient to tackle the Malaysia Macro & Strategy sectors badly hit by Covid-19” NEUTRAL (maintain) 2020 KLCI Target: 1,650 Up/Downside: +8.6% Previous Target: 1,650 KLCI vs MSCI World, MSCI AxJ Budget 2021: Supersized but spread too thin MSCI World MSCI AxJ FBMKLCI 10% MSCI AxJ: 4.6% 5% With a 10% growth in total expenditure, Budget 2021 addresses the needs 0% MSCI World: 11.9% -5% of everyone. Including a surprise cut in taxes and a reduction in employee -10% FBMKLCI: -4.4% EPF contribution, focus remains on domestic demand to support growth in -15% the coming year -20% -25% This expansionary budget will result in a budget deficit of 5.4% of GDP in -30% 2021E. However, in the event of a prolonged and widespread lockdown due -35% Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 to Covid-19, we think the government still has room to fiscal pump-prime Source: Bloomberg, Affin Hwang We expect the gloves to rally, as a key overhang is removed. Other sector Key market statistics beneficiaries are the Construction sector and Cellular operators. No 2020E 2021E additional taxes for the sin sector and BAT could also benefit from GDP growth (%) (5.0) 6.0 increased government focus to tackle the illicit cigarette market KLCI EPS growth (%) (21.0) 29.0 Source: Affin Hwang forecasts 2021 Economic Outlook and Fiscal Outlook – Government Financial Position Top calls for 2020 Based on the assessment and projection on the country’s economic prospects for 2021, the Ministry of Finance (MOF) expects real GDP growth to recover and expand Ticker Stock Rating Price TP by between 6.5% and 7.5% in 2021, rebounding from -4.5% estimated for (RM) (RM) Top buys: 2020. -
Pengumuman Trafik 12 Jun 2020 1. Lanjutan Penutupan
PENGUMUMAN TRAFIK 12 JUN 2020 1. LANJUTAN PENUTUPAN PENUH DAN PENGAKTIFAN LALUAN KONTRA SEPANJANG JALAN KEPONG (ARAH JINJANG DAN ARAH SUNGAI BULOH) PEKAN LAMA KEPONG DAN METRO PRIMA Tarikh 13 Jun 2020 – 17 November 2020 Masa 10.00 malam – 6.00 pagi Jangka Masa 5 bulan Tujuan Untuk kerja-kerja pembinaan infrastruktur dan sebarang kerja berkaitan. Untuk makluman, penutupan penuh dan pengaktifan laluan kontra secara berkala di sepanjang Jalan Kepong (Arah Sungai Buloh dan Arah Jinjang) akan dilanjutkan dari 13 Jun 2020 hingga 17 November 2020. Tempoh masa untuk kerja-kerja akan bermula dari 10.00 malam - 6.00 pagi, selama 5 bulan. Pelan pengurusan trafik adalah seperti berikut: Penutupan A – PETA 1(A) Semasa penutupan penuh sepanjang 50-meter di jalan masuk dan keluar Jalan 53, Taman Desa Kepong menuju ke Jalan Kepong, pengguna jalan raya dari Kawasan Perniagaan Desa Jaya dikehendaki menggunakan laluan masuk/keluar alternatif menuju ke Jalan Kepong Garden (seperti yang ditunjukkan oleh anak panah HIJAU dalam peta). Penutupan B – PETA 1(A) Semasa penutupan penuh sepanjang 250-meter di Jalan Kepong (Arah Jinjang) bermula dari susur masuk Jalan Kepong dari Jalan Kepong Garden hingga ke Balai Polis Kepong, pengguna jalan raya dari Selayang dan Sungai Buloh menuju ke Jinjang dikehendaki menggunakan laluan kontra di laluan Jalan Kepong (Arah Sungai Buloh) (seperti yang ditunjukkan oleh anak panah UNGU dalam peta). Penutupan C – PETA 1(B) Semasa penutupan penuh sepanjang 850-meter di Jalan Kepong (Arah Sungai Buloh) bermula dari AEON Jusco Kepong hingga ke Caltex Jalan Kepong dan semasa penutupan sepanjang 100- meter di lorong paling kanan Jalan Kepong (Arah Jinjang) bermula dari Sungai Keroh hingga ke Balai Polis Kepong, pengguna jalan raya dari Jinjang menuju Sungai Buloh dikehendaki menggunakan laluan kontra di laluan Jalan Kepong (Arah Jinjang) (seperti yang ditunjukkan oleh anak panah BIRU dalam peta). -
MRCB Announcement 22 Mar 2018
MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR THE “COMPANY”) MANAGEMENT CONTRACT BETWEEN KWASA SENTRAL SDN BHD, A 70%-OWNED SUBSIDIARY OF MRCB (“KSSB”), AND MRCB LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MRCB (“MRCB LAND”), FOR THE APPOINTMENT OF MRCB LAND AS THE MANAGEMENT CONTRACTOR IN CONNECTION WITH THE DEVELOPMENT AND CONSTRUCTION OF A MIXED DEVELOPMENT IDENTIFIED TO BE THE TOWN CENTRE OF THE KWASA DAMANSARA TOWNSHIP, ON A PIECE OF LAND OWNED BY KSSB MEASURING 64.30 ACRES KNOWN AS MX-1, HELD UNDER HSD 315671, LOT NO. PT50854, MUKIM SUNGAI BULOH, DAERAH PETALING, SELANGOR DARUL EHSAN, FOR A PROVISIONAL TOTAL PROJECT SUM OF RM7,461,991,606 (“PROPOSED CONSTRUCTION”) 1. INTRODUCTION On behalf of the Board of Directors of MRCB (“ Board ”), RHB Investment Bank Berhad (“ RHB Investment Bank ”) wishes to announce that MRCB Land had on 22 March 2018 entered into a management contract with KSSB (“Employer ”), for the appointment of MRCB Land as the Management Contractor in connection with the development and construction of a mixed development identified to be the town centre of the Kwasa Damansara Township, on a piece of land owned by KSSB measuring 64.30 acres known as MX-1, held under HSD 315671, Lot No. PT50854, Mukim Sungai Buloh, Daerah Petaling, Selangor Darul Ehsan (“ Development ”), for a provisional total project sum of RM7,461,991,606 (“ Provisional Total Project Sum ”) (“ Management Contract ”). (KSSB and MRCB Land shall hereinafter be collectively referred to as the “ Parties ” and “ Party ” shall be construed accordingly). 2. DETAILS OF THE PROPOSED CONSTRUCTION 2.1 Background of the Development The Development, which will span approximately 12 years from 2018 to 2030, is expected to be a residential and commercial hub with a plot ratio of 1 to 3.5, of which 60% is designated for commercial use and the remaining 40% is designated for residential use. -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2015 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU KUALA LUMPUR HIGH END CONDOMINIUM MARKET (MPC) meeting in May in an effort to support economic growth and domestic HIGHLIGHTS consumption. • Softening demand in the SUPPLY & DEMAND high-end condominium With the completion of seven notable segment amid a cautious projects contributing an additional market. 1,296 units [includes projects that are physically completed but pending Madge Mansions issuance of Certificate of Completion • Lower volume of transactions and Compliance (CCC)], the cumulative expected to come on-stream. The KL in 1Q2015. supply of high end condominiums in City locality will account for circa 35% Kuala Lumpur stands at 39,610 units. (1,310 units) of the new supply; followed • Developers with niche high by Mont’ Kiara / Sri Hartamas with Approximately 45% (582 units) of the new 34% (1,256 units); KL Sentral / Pantai / end residential projects in KL completions are located in the Ampang Damansara Heights with 20% (734 units); City review products, pricing Hilir / U-Thant area, followed by some and the remaining 11% (425 units) from and marketing strategies in 26% (335 units) in the locality of KL City; the locality of Ampang Hilir / U-Thant. a challenging market with 16% (204 units) from the locality of KL lacklustre demand, impacted Sentral / Pantai / Damansara Heights Notable projects slated for completion by a general slowdown in the area; and 14% (175 units) from the Mont’ in KL City include Face Platinum Suites, economy, tight lending Kiara / Sri Hartamas locality. Le Nouvel, Mirage Residences as well as guidelines, weaker job market the delayed project of Crest Jalan Sultan The three completions in Ampang Hilir amongst other reasons. -
Klang Valley Rail Transit Map April 2020
Klang Valley Rail Transit Map April 2020 2 P Tanjung Malim 5 P Kuala Kubu Baru Gombak P 1 P Rasa Taman Melati P Batu Caves P Batang Kali Wangsa Maju P P P P Serendah Taman Wahyu P P Sri Rampai P 3 Sri Sri P Metro P Rawang Damansara Damansara Kepong Sri Prima Ampang P Sentral Timur Baru Jinjang Delima 4 3 Setiawangsa P P Kuang Sentul Cahaya Kampung P Jelatek P Sri Batu P Timur P Damansara Kepong Sentral P Barat P Kentonmen Dato’ Keramat Kepong Damansara Batu Kentomen Damai Cempaka P Sentul P Jalan Damai Ipoh *Sungai Sentul P P P Segambut Sentul Buloh Pandan Indah P Barat Hospital Raja Ampang *Kampung Titiwangsa Kuala Lumpur Uda Park Selamat *Rubber Research Institute 8 KLCC Pandan Jaya P *Kwasa Chow Kit P Damansara 9 12 Putra PWTC Medan Tuanku Kampung Baru Persiaran KLCC Kwasa P Sentral Sultan Ismail Dang Wangi Bukit Nanas Kota Conlay Damansara Raja Chulan Surian Bank Negara Bandaraya Tun Razak Mutiara Exchange (TRX) Damansara Bukit Bintang Cochrane Maluri P Bandar Bukit Bintang P Masjid Utama Jamek Imbi S01 P Miharja P Plaza Hang Rakyat Tuah Pudu S02 Taman Tun 11 Dr Ismail Taman Pertama Chan Phileo P Merdeka Sow Lin Damansara Taman Midah P S03 P Kuala Lumpur Cheras Taman Mutiara Bukit Kiara Bandar Malaysia P Muzium Negara Pasar Utara Seni Maharajalela Taman Connaught S04 Salak Selatan P KL Sentral P Bandar Malaysia Taman Suntex Selatan P P Tun Sambanthan Semantan KL Sentral 8 Pusat Bandar Sri Raya P S05 Damansara P Mid Valley Seputeh Salak Selatan Bandar Tun Bandar Tun Razak P Hussein Onn 10 Bangsar P P P P P S06 Batu 11 Cheras Skypark -
Iproperty.Com.My 2020 Portal Demand Analytics
iProperty.com.my 2020 Portal Demand Analytics An analysis of subsale residential property demand using iProperty.com.my’s user visits and subsale residential property listings data in Malaysia. iProperty.com.my 2020 Portal Demand Analytics - Subsale Premendran Pathmanathan General Manager – Customer Data Solutions, REA Group Asia Prem currently leads the data business in iProperty.com.my and together with his data team has produced property data analysis tools for property buyers and sellers, agents and developers. He provides regular talks on the Malaysia property market by demonstrating how to find value in property data. He is also the founder of brickz.my, a business that helped build a healthier property market in Malaysia by creating awareness on property prices. Foreword As Malaysia's No.1 property site, iProperty.com.my garners millions of visits each month. These real-time behaviours indicate where Malaysia’s subsale residential property demand (represented by user visits to the site) is, in comparison to property supply (represented by subsale residential property listings on the site). The iProperty.com.my Portal Demand Analytics aims to provide a macro view of current demand trends in the Malaysian residential market at a national level and for the top states based on user visits and property listing data on iProperty.com.my. In this publication, we analyse the visits to our listings for the complete year of 2020 to identify the demand growth trends in comparison to 2019. Growth in demand (indicated by an increase in user visits and/or a decrease in number of listings) is favourable from a selling standpoint. -
Kuala Lumpur, Malaysia's Dazzling Capital City
CONTENTS 4 DOING THE SIGHTS 38 SENSATIONAL SHOPPING 5 Prestigious Landmarks 39 Shopping Malls 6 Heritage Sites 42 Craft Centres 10 Places of Worship 43 Street Markets and Bazaars 12 Themed Attractions 44 Popular Malaysian Souvenirs 14 TROPICAL ENCLAVES 45 EATING OUT 15 Perdana Botanical Gardens 46 Malay Cuisine 16 KLCC Park 46 Chinese Cuisine 17 Titiwangsa Lake Gardens 46 Indian Cuisine 17 National Zoo 46 Mamak Cuisine 17 Bukit Nanas Forest Reserve 47 International Cuisine 47 Malaysian Favourites 18 TREASURE TROVES 49 Popular Restaurants in KL 19 Museums 21 Galleries 52 BEYOND THE CITY 22 Memorials 53 Kuala Selangor Fireflies 53 Batu Caves 23 RELAX AND REJUVENATE 53 Forest Research Institute of Malaysia 24 Spa Retreats (FRIM) 25 Healthcare 54 Putrajaya 54 Port Dickson 26 ENTHRALLING PERFORMANCES 54 Genting Highlands 27 Premier Concert Halls 55 Berjaya Hills 27 Cultural Shows 55 Cameron Highlands 28 Fine Arts Centres 55 Melaka 29 CELEBRATIONS GALORE 56 USEFUL INFORMATION 30 Religious Festivals 57 Accommodation 31 Events and Celebrations 61 Getting There 62 Getting Around 33 ENTERTAINMENT AND 65 Useful Contacts EXCITEMENT 66 Malaysia at a Glance 34 Theme Parks 67 Saying it in Malay 35 Sports and Recreation 68 Map of Kuala Lumpur 37 Nightlife 70 Tourism Malaysia Offices 2 Welcome to Kuala Lumpur, Malaysia’s dazzling capital city Kuala Lumpur or KL is a modern metropolis amidst colourful cultures. As one of the most vibrant cities in Asia, KL possesses a distinct and charming character. Visitors will be greeted by the Petronas Twin Towers, a world-renowned icon of the country. The cityscape is a contrast of the old and new, with Moorish styled buildings standing alongside glittering skyscrapers.