A Pullout EVERY FRIDAY with FRIDAY, AUGUST 2, 2019 . issue 2940/2019 . PP19055/06/2016(034530) PRINT + DIGITAL EP EP EP 04 07 available FEATURE04 ask The NEWS online + offline EXPERTS Missed our past issues? Oversupply? kerjaya Prospek Scan this code Then why are to stamp its mark to visit our more malls short-term on Old klang digital archive! being built? rentals Road www.EdgeProp.my subscribe to pullout THE for FREE! CHARM OF OLD TOWN Its houses and streets are PJ old and weathered but some things about this part of Petaling Jaya make it a gem of an address. See Pages 6 and 7. available online + offline Missed our past issues? Scan this code to visit our digital archive! www.EdgeProp.my EP 2 FRIDAY AUGUST 2, 2019 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my KLIA Aeropolis DFTZ: Completion ParkCity and CapitaLand’s in mid-2020 The KLIA Aeropolis Digital Free Trade JV project in KL over 70% sold Zone (DFTZ) development, which is currently 50% completed, is expected Singapore’s CapitaLand joint-ven- and units range from 872 sq ft for to be completed by June 2020 and ture residential development with a one-bedroom, to 4,887 sq ft for a open for operation by September 2020, Malaysia’s Perdana ParkCity Group four-bedroom unit. About 80% of said Cainiao KLIA Aeropolis Sdn Bhd in Kuala Lumpur has achieved buyers are Malaysians. CEO Johnson Chen. strong sales during its priority Park Regent comprises twin In 2017, Malaysia Airports Holdings sales launch over the weekend of residential blocks that overlook a Bhd (MAHB) signed an agreement July 27 and 28. The 505-unit devel- lake, and is centrally located with- with Cainiao Smart Logistics Network opment, called Park Regent, saw in the township, close to dining (Hong Kong) Ltd and MA Elogistics more than 353 units or 70% of the and retail outlets and internation- Sdn Bhd. 505 residential units, sold at an av- al schools. The Kuala Lumpur City MAHB also announced that its erage selling price of RM1,100 psf. Centre, Petronas Twin Towers, and wholly owned subsidiary, Malaysia The Edge Property Sdn Bhd Park Regent is located in the the city’s new business district Tun (1091814-P) Airports (Sepang) Sdn Bhd has en- Desa ParkCity township in Kuala Razak Exchange are a 25-minute Level 3, Menara KLK, tered into a sublease annexure of a No. 1 Jalan PJU 7/6, Mutiara Lumpur, and comprises six apart- drive away. Damansara, 47810 Petaling Jaya, 24.28-ha site in Bandar Lapangan ment types of one- to four-bedroom The development is expected to Selangor, Malaysia Terbang Antarabangsa Sepang with a units. Prices start from RM860,000, be completed in 2023. lease of 30 years. EdgeProp.my The site is set to be the world’s fi rst e-world trade platform outside the Malaysia Home Maintenance Fund structure in the common areas. Get BREAKING Managing Director/Editor-in-chief China with a development cost of over (TPPM). “All public housing schemes are PROPERTY Au Foong Yee RM200 million. State housing, town, country plan- eligible for TPPM while private hous- NEWS delivered ning and local government committee ing schemes with a principal price of EDITORIAL to you daily via Executive Editor Sharon Kam chairman Jagdeep Singh Deo said the less than RM80,000 are also eligible Penang seeks WhatsApp! Assistant Editor Tan Ai Leng fund could be used for purposes such for the programme. Deputy Chief Copy Editor RM17.4m from “Under TPPM, the Federal Govern- James Chong as repairing and replacement of faulty TO SUBSCRIBE ment will bear 100% of the expenses. Senior Writer TPPM water tanks and reticulation system, 1. Add +6018 290 2116 Rachel Chew Only maintenance work costing above The Penang authorities will apply for roofi ng, staircases and handrails as to your contact Writers RM50,000 will be taken into consid- Natalie Khoo, Shawn Ng, RM17.4 million from Putrajaya under well as other damaged basic infra- list as EdgeProp Chin Wai Lun, Chelsey Poh eration”. News. Or scan Art Director Sharon Khoh this QR code. Senior Designer Jun Kit Designer Rajita Sivan Khazanah’s 2. Send us a WhatsApp with "NEWS" and your full For New Launches/Events/ Back pains? Learn how to 60%-owned Press Releases/News Tips name in the message. email: [email protected] S’pore unit sells Tel: (03) 7721 8211 Fax: (03) 7721 8280 get rid of them at the Fitness, properties for ADVERTISING & MARKETING RM4.7b high, which has presented the oppor- Associate Account Director, Fun and Fruits Galore M+S Pte Ltd, a 60:40 joint venture tunity to maximise returns for its two Advertising & Marketing shareholders. Heidee Ahmad (019) 388 1880 between Khazanah Nasional Bhd and Senior Account Manager plications in future,” she said. Singapore’s Temasek, is disposing ORC is the developer and owner Ian Leong (012) 359 1668 “Therefore, it is important of its entire stake in Ophir-Rochor of Duo Tower and Duo Galleria, the Cecilia Too (012) 319 7666 offi ce and retail portion of the Duo Account Manager to understand why and how to Commercial Pte Ltd (ORC) for S$1.575 Joane Tan (012) 377 2885 counter body pain,” she shares. billion (RM4.74 billion) or S$2,570 psf development in Singapore. Fitness, She welcomes all to the free of net lettable area to Allianz Real However, M+S continues to own Marketing Support & Ad Trafˎ c the 5-star Andaz Singapore by Hyatt Madeline Tan (03) 7721 8218 Fun and talk on Aug 18, especially those Estate and Hong Kong private equity email: [email protected] who are suff ering from body pain property fi rm Gaw Capital Partners. that occupies the top 15 floors of Duo Tower as well as Marina One in BUSINESS DEVELOPMENT Fruits Day as result of their city lifestyle. M+S CEO Kemmy Tan said the pro- Manager Nimalen Parimalam Th e health talk is free but reg- posed transaction price is at a record Marina Bay. Account Manager Stannly Tan Executive Nurfarah Diyana Mohd PETALING JAYA (July 31): Suff er- istration is required on a fi rst- Firhad ing from chronic back pains but come, fi rst-served basis. Th ere you have no idea why? are limited places available so, PRODUCT DEVELOPMENT LAUNCHES + EVENTS & CUSTOMER ADVISORY Here’s your chance to fi nd out book your seats here now. Senior Manager Elizabeth Lay from a professional physiothera- Th e EdgeProp + Berjaya Land Associate Omar Nawawi, Heights, Kajang; Tropicana Ayesha Hannah Amer Ezani pist about your pains when you Fitness, Fun and Fruits Galore visit the EdgeProp + Berjaya Land will also feature trampoline Metropark, Subang Jaya For enquiries and listings Fitness, Fun and Fruits Galore jumping sessions and free body Contact: (03) 7710 1018 email: [email protected] Tel: (03) 7733 9000 to be held at the Berjaya Prop- composition checks. Join Tropicana Corporation erty Gallery in Bukit Jalil on Aug Refreshments Bhd for a durian feast at four EdgeProp.my pullout is published of its project sales galleries by The Edge Property Sdn Bhd. It is 18 (8.30am to 12pm. Entrance will be served, in- available with The Edge Financial is free.) cluding a variety in the Klang Valley. First Daily every Friday. The pullout Carolynn Hum (pictured), a of local tropical come, fi rst served basis. is also distributed at more than Southville City Registration needed. 200 ofˎ ces, shopping complexes, trained physiotherapist who was fruits. condos, medical centres and F&B attached to the Putrajaya Pre- Collectorfest outlets in the Klang Valley. You can cinct 9 Health Clinic and cur- Date: Aug 3 & 4 (Sat & Sun) also download it for free at Time: 10am to 10pm www.EdgeProp.my rently works at the Kuala Lum- pur Health Clinic will be giving a Venue: Southville City, KL talk on back pain and body ache South, 43650, Bangi Th e Edge Malaysia management at the event . Contact: (012) 302 3170 Publisher and Group CEO A regular speaker on issues The Southville City Collectorfest Ho Kay Tat related to physiotherapy and by Mah Sing Group Bhd presents EDITORIAL muscle-related ailments for the over 100 booths of selected Editor-in-chief Azam Aris Ministry of Health, Hum will be pop culture memorabilia, World Blood Donor Day CORPORATE sharing about common back pain toys, comics, antiques, vintage 2019 Chief Operating Ofˎ cer problems that plague urban folk collectibles, vinyl records and Date: Aug 10 (Sat) Lim Shiew Yuin ADVERTISING & MARKETING and how they can manage it. more. There will also be food Time: 11am to 4pm Chief Commercial Ofˎ cer “Back pain or any type of pain trucks and local music acts all Venue: Level 3, Prangin Mall, Sharon Teh (012) 313 9056 resulting from prolonged sitting day long. Admission is free. Jalan Dr Lim Chwee Leong, General Manager in the offi ce, for example, not George Town, Penang Fong Lai Kuan (012) 386 2831 SCAN Senior Sales Managers only aff ects your work perfor- Tropicana Durian Party Contact: (04) 210 8000 Gregory Thu (012) 376 0614 mance and productivity but may TO Date: Aug 4 (Sunday) Ivory Properties Group Bhd and Lim Sook Chin (012) 205 5986 REGISTER Time: 12pm to 3pm the Penang General Hospital Head of Marketing bring on further medical com- Support & Ad Trafˎ c Venue: Respective sales galleries are organising a blood donation Lorraine Chan (03) 7721 8001 PRESENTED BY SUPPORTED BY at Tropicana Aman, Kota campaign in conjunction with Kemuning; Tropicana Gardens, World Blood Donor Day 2019. Kota Damansara; Tropicana Contact for further information.