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CPI Land to Launch Tuan Residency in Jan 2018

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CPI Land to Launch Tuan Residency in Jan 2018 A PULLOUT EVERY FRIDAY WITH FRIDAY, DECEMBER 22, 2017 . ISSUE 2559/2017 . PP19055/06/2016(034530) PRINT + DIGITAL EP EP EP 04 05 07 available NEWS FEATURE DEALMAKERS online + offl ine Ibraco to Johor and More where do i get a copy of this weekly pullout? launch Melaka see than just RM1.5b mixed sharp rise knowledge go to development in land and www.EdgeProp.my in Kuching auctions network to download for free ROCK SOLID Decades-old shoplots in Damansara Jaya, Petaling Jaya, have held their rents and values well in the current soft market environment. See Pages 6 and 7. PEPEJABATJABAT URURUSANUSAN DDJJ PEPEJABATJABAT / OOFFICEFFICE SDN.SDN. BHDBHD.. STUDIO D’JAYA RESTORAN KAFE DAN RESTORAN KEDAI BUKU DAN KAFE CK KAMPAR CLAYPOT RICE LEPAK-LEPAK DJ EXPRESSO 金金寶瓦煲雞飯寶瓦煲雞飯 NYONYA DAMANSARA JAYA BUKA OOPENPEN EP 2 FRIDAY DECEMBER 22, 2017 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my Le Meridien owner buys Hilton KL for Forest City RM497m sets up KL Japanese billionaire Katsumi Tada sales gallery has sold Hilton Kuala Lumpur Ho- tel (Hilton KL) in KL Sentral for Country Garden Pacificview Sdn ¥13.7 billion (RM497 million), to Bhd has opened a new sales gallery the owner of the hotel right next to for its massive Forest City develop- it — the Le Meridien Kuala Lumpur. ment in Iskandar Malaysia, Johor, Le Meridien is owned by a com- at UBN Tower in Kuala Lumpur. pany founded by Tada in 1974 — Country Garden Pacifi cview is a Daito Trust Construction Co Ltd. joint venture between Country Gar- Tada is said to have cut ties with den Holdings Co Ltd and Esplanade Daito in 2011. Danga 88 Sdn Bhd, an associate Daito informed the Tokyo Stock company of Kumpulan Prasarana ence but also serves to deepen ties by Deputy Education Minister Da- Exchange on Dec 15 that it was buy- Rakyat Johor. between China and Malaysia. tuk Chong Sin Woon and Feder- ing Daisho Asia Development (M) Sdn At the offi cial launch of the gal- “Looking ahead, we will uti- ation of Chinese Associations of Bhd, which owns the hotel, for ¥13.7 lery last Saturday, Country Garden lise our own resources to connect Malaysia president Tan Sri Pheng The Edge Property Sdn Bhd (1091814-P) billion, confi rming an article by The Forest City sales and marketing the Malaysian political, business Yin Huah. Level 3, Menara KLK, Edge Malaysia weekly in April that director Steven Zhou said the open- and education sectors in order to Country Garden’s Forest City de- No 1 Jalan PJU 7/6, Mutiara the asset had been put up for sale. ing of the KL sales gallery not only further enhance the collaboration velopment covers 14 sq km of land Damansara, 47810 Petaling Jaya, Selangor, Malaysia The price tag means Daito is shows the developer’s resolve to between China and Malaysia,” he on four artifi cial islands in Johor and paying RM988,000 per room for strengthen its international pres- said. The ceremony was witnessed has a GDV of RM444 billion. EdgeProp.my the 503-room hotel — which is far below market expectations. Managing Director/Editor-in-chief land. There will be three types CRCC Malaysia as the main con- Au Foong Yee Hening at Putrajaya Govt maintains 40% booked at of units available with sizes from tractor for M101 Skywheel, given EDITORIAL stamp duty rates 3,271 sq ft to 4,496 sq ft and prices CRCC’s diverse and close to seven Editor Lam Jian Wyn weekend launch starting from RM1.2 million. decades of experience. Contributing Editor Sharon Kam for properties above Deputy Chief Copy Editor Putra Perdana Development Sdn Expected to be completed in James Chong RM1m in 2018 Bhd’s (PPD) latest landed devel- CRCC appointed as 2021, M101 Skywheel consists of Copy Editor The government will not raise the opment launch, Hening, has been main contractor of two 78-storey towers that will Geraldine Tan stamp duty rate from 3% to 4% on 40% booked over the weekend fol- house about 1,200 Small-offi ce Writers Rachel Chew, Natalie Khoo, M101 Skywheel Shawn Ng, Lum Ka Kay the instruments of transfer (Form lowing its offi cial launch on Dec 16. Flexible-offi ce units, 94 Design- Art Director Sharon Khoh 14A) for properties worth over RM1 Hening is the last landed de- M101 Holdings Sdn Bhd (M101) has er Suites designed by Studio F. Design Team million from Jan 1, 2018 as an- velopment parcel in Precinct 16, appointed China Railway Construc- A. Porsche, the world’s highest Rajita Sivan, Jun Kit nounced in Budget 2017. Putrajaya. tion Corp Malaysia Bhd (CRCC Ma- shopping mall that extends from For New Launches/Events/ The stamp duty rates on the “Hening has been developed laysia) as the main contractor for the 50th to 52nd level with over Press Releases/News Tips transfer of properties worth more with the notion of combining its RM2.2 billion M101 Skywheel 200,000 sq ft of retail space, the email: [email protected] Tel: 03-7721 8211 Fax: 03-7721 8280 than RM1 million will be main- high-quality living, luxury, exclu- development on Jalan Raja Muda fi rst Planet Hollywood Hotel in tained, the Finance Ministry said in sivity, security and the harmony of Abdul Aziz, Kuala Lumpur. Asia and a mass rapid transit ADVERTISING & MARKETING a statement on Wednesday. nature. We believe that this unique CRCC Malaysia is a subsidiary station at the basement. Associate Account Director, The rates, based on the selling combination will attract many to of China Railway Construction Corp The development will also see Advertising & Marketing Heidee Ahmad (019) 388 1880 price or market value of a prop- these premium lakeside homes,” Ltd, which was recently ranked No the world’s highest ferris wheel Senior Account Manager erty (whichever is higher), are: 1% said PPD CEO Akmel Zurin Haron. 80 among the world’s Fortune 500 — Sky Ferries Wheel — built Ian Leong (012) 359 1668 for the first RM100,000; 2% for It consists of 39 units of 3-storey companies. on the 52nd level, which has a Account Managers Jeffrey Yeoh (016) 217 9227 RM100,001 to RM500,000; and 3% luxury villa terraces and will be M101 CEO Datuk Seth Yap said vantage point of 220m above the Khairul Amilin Ismail (019) 426 5101 for RM500,001 onwards. built over 2.33 acres of freehold the developer is pleased to appoint ground. Marketing Support & Ad Trafˎ c Madeline Tan (03) 7721 8218 email: [email protected] How do I get past issues of this weekly pullout? NEGOTIATOR & CUSTOMER trending ADVISORY SERVICE Go to www.EdgeProp.my to download for free Senior Manager Elizabeth Lay now Senior Associate Stannly Tan For enquiries and listings email: [email protected] If you have any real estate-related events, email us at [email protected]. GL: (03) 7721 8175/ 8172 LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. EdgeProp.my pullout is published by The Edge Property Sdn Bhd. It is Property fair at AEON Mall Contact: (04) 506 0350 The 11th Malaysian available with The Edge Financial Daily every Friday. The pullout Alma, Bukit Mertajam / (012) 501 0733 Property Summit 2018 is also distributed at more than Date: Dec 19 to 25 (Tue to Mon) Visit Paramount Property’s Date: Jan 23 (Tue) 200 ofˎ ces, shopping complexes, Time: 11am to 6pm sales gallery at Design Village Time: 8am to 5pm condos, medical centres, F&B outlets and LRT stations in the Klang Valley. Venue: AEON Mall Alma, Jalan Outlet Mall this Saturday to Venue: Sime Darby Convention You can also download it for free at Perdana, Taman Perdana, preview Suasana @ Utropolis, the Centre, 1A, Jalan Bukit Kiara 1, www.EdgeProp.my Simpang Ampat, Penang second phase of the Utropolis Bukit Kiara, Kuala Lumpur Contact: (04) 588 4992 development in Batu Kawan. Contact: (016) 661 2286 Contact: / (012) 474 8992 / (016) 733 2326 (03) 6201 8200 AEON Mall Alma is having Christmas celebration Join Matrix Concepts Holdings Organised by the a property fair that features at Artis 3 Bhd in celebrating the Durian Association of a variety of projects. Date: Dec 23 to 25 (Sat to Mon) Festival this Saturday at Impiana Valuers, Property Th e Edge Malaysia Time: 10am to 10pm Damai, Bandar Seri Impian, Managers, A special Christmas Venue: Artis 3, Jalan Tengku, Off Kluang. There will be exciting Estate Agents Publisher and Group CEO preview of Suasana @ Jalan Jelutong, Jelutong, Penang activities and delicious durian and Property Ho Kay Tat Utropolis Contact: (016) 449 9639 delicacies such as durian Consultants in EDITORIAL Date: Dec 23 (Sat) Enjoy a variety of Christmas cendol and durian ice-cream. the Private Sector Editor-in-Chief Azam Aris Time: 10am to 10pm activities for kids and light Malaysia (PEPS), CORPORATE Venue: Paramount Utropolis Sales refreshments at Artis 3 this Clay art workshop the annual Chief Operating Ofˎ cer Lim Shiew Yuin Gallery, Lot G-26, Design Village weekend. You will also stand a at Eco Sky summit will gather industry ADVERTISING & MARKETING Outlet Mall, 733, Jalan Cassia chance to win an iPad with the Date: Dec 24 (Sun) experts to share up-to-date and Chief Commercial Ofˎ cer Barat 2, Bandar Cassia, Penang purchase of an Artis 3 unit! Time: 2pm to 5pm accurate information as well as Sharon Teh (012) 313 9056 General Manager Venue: Biz Hub @ Eco Sky, in-depth analysis of the available Kingston Low (012) 278 5540 Durian Festival at 188, Jalan Kuching, Taman data in the real estate market.
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