Published EVERY FRIDAY FRIDAY, SEPTEMBER 18, 2020 . issue 3135/2020 . PP19055/06/2016(034530) DIGITAL EP EP EP EP 09 F03EATURE F05EATURE F08EATURE PROPERTY CHAT Colours of Jalur Legalising Gemilang that The up and booking Gram-worthy light up the coming CBD in fees gems at #ParkCity spirit of unity Johor — Medini collection? Stay updated on the latest news at www.EdgeProp.my to the builders Can the new normal push our developers to adopt prefabricated construction methods? Or will traditional ways hold sway? Some experts argue that Malaysia WIN Virtual Property WEEKLY the transformation expo 2020 PRIZES worth over is worth the effort. IRRESISTIBLE RM10,000! See Pages 6 and 7. deals!!! Click to check it out! VPEX.EdgeProp.my 7 Aug – 20 Sept 2020 EP 2 FRIDAY SEPTEMBER 18, 2020 NEWS HIGHLIGHTS from www.EdgeProp.my ERTY China: ‘Green’ P housing project turns into ‘mosquito- PRO SIME DARBY infested jungle’ A green housing project in Chengdu, China which was meant to be a “vertical forest” with gardens on every balcony has not turned out the way it The Edge Property Sdn Bhd was supposed to. In fact, it has become an urban (1091814-P) Level 3, Menara KLK, disaster. No. 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, According to an AFP report, instead of being Selangor, Malaysia the “eco-paradise” it was planned to be, Qiyi City Forest Garden has become mosquito infested as EdgeProp.my the projects’ towers were “overrun by their own plants”. Managing Director/Editor-in-chief Au Foong Yee This was because only 10 families have moved EDITORIAL in since the project was completed in 2018, Assistant Editor Tan Ai Leng reported China-based Global Times. Deputy Chief Copy Editor James Chong The plants that were supposed to provide the Senior Writer Rachel Chew “forest” ran riot with nobody looking after them, Writers which in turn attracted the blood sucking bugs. Natalie Khoo, Chin Wai Lun, Chelsey Poh Senior Designer Jun Kit For New Launches/Events/ under the revised share sale agree- 160,000 new jobs and over 42,000 Press Releases/News Tips ment and shareholders’ agreement, entrepreneurs, while the cumula- email: [email protected] HOTLINES Tel: (03) 7721 8211 Fax: (03) 7721 8280 which include the 10% deposit and tive investment is forecast to grow to a RM500 million advance payment RM146.5 billion. However, the target ADVERTISING & MARKETING For COVID-19 screening Associate Account Director, to TRXC. is expected to be delayed by two years or tests, contact the Health Advertising & Marketing Under the agreements, the com- due to the Covid-19 pandemic. Heidee Ahmad (019) 388 1880 Ministry’s Crisis Preparedness Senior Account Managers pany will take up a 60% stake in Ban- Up to July this year, the NCIA has and Response Centre (CPRC) Ian Leong (012) 359 1668 dar Malaysia Sdn Bhd, the project’s achieved RM115.9 billion in cumula- Cecilia Too (012) 319 7666 Tel: 03-8881 0200, master developer, from TRXC, which tive realised investments and created 03-8881 0600 Marketing Support & Ad Traffic will hold the remaining 40%. more than 140,000 jobs in the NCER. and 03-8881 0700 Madeline Tan (03) 7721 8218 IWH-CREC is a joint-venture be- email: [email protected] from 8.30am to 5pm daily tween Iskandar Waterfront Holdings Or Email: [email protected] BUSINESS DEVELOPMENT Sdn Bhd (IWH) and China state- Govt to standardise Manager regulations, taxes Nimalen Parimalam (014) 324 3193 Bandar Malaysia owned enterprise, China Railway En- For more information, go to gineering Corporation (CREC). for hotels, Airbnb AGENCY SALES development CPRC Telegram channel at Sales Manager The standardisation of several issues https://t.me/cprckkm Stannly Tan (012) 538 1687 officially kicks off Muhyiddin: MCO involving the hotel sector and Airb- PRODUCT DEVELOPMENT Bandar Malaysia, the single largest nb, such as regulations and taxes, For queries on the Restricted & CUSTOMER ADVISORY city development in the region, is now may have to be will be finalised soon, said Minister Movement Control Order, Associates ready to take off with the settlement in the Prime Minister’s Department Omar Nawawi (012) 537 1687 reimposed if call 03-8888 2010. Nazrin Hakimin (017) 368 6061 of the RM1.24 billion payment due Covid-19 cases rise (Economy) Datuk Seri Mustapa Mo- to TRX City Sdn Bhd (TRXC), a whol- hamed. For enquiries and listings sharply email: [email protected] ly-owned subsidiary of the Minister He said the move was to give a were in progress between the Tour- Tel: (03) 7733 9000 of Finance Incorporated (MoF Inc) by Prime Minister Tan Sri Muhyiddin new lease of life to the tourism in- ism, Arts and Culture Ministry, Hous- EdgeProp.my e-Publication IWH-CREC Sdn Bhd. Yassin reminded the people that the dustry, especially hotel operators, ing and Local Government Ministry is published by The Edge Property In a statement on Sept 15, 2020, Movement Control Order (MCO) may who are more affected by the Cov- and the state governments, with a Sdn Bhd. Download it for free at IWH-CREC said the paid amount was have to be reimposed if there is a id-19 pandemic as they are bound by committee chaired by the Chief Sec- www.EdgeProp.my sharp increase in Covid-19 cases in regulations compared with Airbnb retary to the Government (KSN) Tan the country, despite the negative im- operators. Sri Mohd Zuki Ali tasked to resolve The Edge Malaysia Get BREAKING pact on the economy. He said discussions on the matter the issues. During the Malaysia Day address, Publisher and Group CEO PROPERTY he said the government will also not Ho Kay Tat NEWS delivered hesitate to reimpose the Enhanced EDITORIAL Movement Control Order (EMCO) in Editor-in-chief Azam Aris to you daily via areas with a high number of Covid-19 CORPORATE Chief Operating Officer WhatsApp! cases. Lim Shiew Yuin “We cannot go anywhere but just ADVERTISING & MARKETING stay at home as is happening in Kota Malaysia Chief Commercial Officer Setar (district) in Kedah right now,” Sharon Teh (012) 313 9056 Virtual Property General Manager he said in a special address to the Fong Lai Kuan (012) 386 2831 nation on the current Covid -19 situ- Expo 2020 Senior Sales Manager ation in the country,” he added. Gregory Thu (012) 376 0614 Head of Marketing VPEX 2020 visitors who make enquiries about Support & Ad Traffic TO SUBSCRIBE Lorraine Chan (03) 7721 8001 NCER’s economy to any participating project stand to WIN attractive 1. Add grow by RM300b +6018 290 2116 prizes worth over RM10,000. to your contact list The Northern Corridor Investment as EdgeProp News. Authority (NCIA) expects the North- Or scan this QR code. ern Corridor Economic Region’s Click to visit (NCER) economy to grow by RM300 VPEX.EdgeProp.my now! 2. Send us a WhatsApp billion through initiatives outlined in with "NEWS" and the newly-launched Strategic Devel- opment Plan 2021-2025 (SDP). your full name in Through the SDP, the northern re- the message. gion is projected to create more than How do I get past issues of this weekly e-Publication? Go to www.EdgeProp.my to download for free! EP 3 FRIDAY SEPTEMBER 18, 2020 Magnificent sculpture overlooking the lake at The Central Park. Gram-worthy gems at #ParkCitye are always on the lookout for pretty sights to take our next photo and sharing the moments on social media. For a start, Malaysia has no shortage of Insta- worthy spots. The majestic Petronas Twin Towers, Batu Caves, Mount Kinabalu Wand a slew of hipster cafes stand ready for the avid Instagrammer to snap away. Now, set your sights away from the tourist traps and crowded spots. These are several picturesque spots for you to discover in the city for your next Insta-post or story. From idyllic parks, manicured landscapes to New Urbanism designs, they provide a gorgeous canvas to up your #OOTD game and rake up the likes. So, mask on, stick to physical distancing and snap away for a memorable Instagram feed. FIRST STOP SECOND STOP Desa ParkCity, Kuala Lumpur Marina ParkCity & The sprawling 473-acre Desa ParkCity near the heart of Kuala Lumpur offers a daily dose of nature on top of city-living. ParkCity Eastwood, Miri This award-winning township is a pioneer of seamlessly Now let’s take a detour. Moving away from KL to across the blending natural landscape, community and city living all in South China Sea, the small oil city of Miri has so much to offer. one. Ditch your automobile as the entire township is walkable A gateway to Sarawak’s national parks, this vibrant coastal city and home to a thriving residential neighbourhood, commercial and also Sarawak’s second largest city is a haven of Instagram- plaza, a mall, a medical centre, an international school, club- worthyspots. On your next visit there, do check out the Marina house and like its namesake — parks! ParkCity and ParkCity Eastwood townships. The lush greenery evokes a calming and serene atmosphere As you snap away, pause for a moment, and take in the and also, as the ideal backdrop for you to flex for your gram. glorious view of the sea with its waterfront boardwalk and park in Marina ParkCity. This is just one of the many sights awaiting capture on your Instagram feed. The pulsating centre Now that you have experienced the parks, it is time to unwind further and immerse yourself in British colonial-inspired architecture that comes with a contemporary twist. Unlike traditional shophouses, Plaza Arkadia is created with a completely new mixed-use district that uses traditional urban elements of arcade, park, streets and plazas.