Wednesday, February 11, 2015
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Thursday, February 5, 2015
"In addition to economic relations, the ambassador highlighted the project of a Korean school following Korean syllabus, which will be located in Selangor Science Park 2 and thereby support Selangor’s attraction to Korean investors. En Hasan immediately extended an offer to support the project in regard to facilitating application procedures with local Malaysian authorities and relevant departments. The new Korean school will cater to at least 240 children and adds another international school to the strong education profile of Selangor. The state is already home to more than 30 international schools and thereby provides an excellent investment environment as well as standard of living for multinational companies and expat families."
Sunday, January 25, 2015
Saville @D'Lake, Puchong is now open for pre-booking. Call us at 03-7981 0901 or visit our sales gallery in Old Klang Road to know more about this project.
Venue: Saville Residence, 128 Jalan Klang Lama, 58000, Kl
SHAH ALAM - The Selangor State Development Corporation (PKNS) today signed a memorandum of understanding (MoU) with Raudhah City Sdn Bhd to develop the
“The state government is also emphasising on holistic development that covers the interests of the people of different races and religions.
“The development of
He said this during the MoU signing ceremony at the Shah Alam Convention Centre (SACC) today.
He then, together with the representative of Saudi Binladin Group, Yehia Jawad Yehia, witnessed the signing ceremony between PKNS and Raudhah City Sdn Bhd.
PKNS was represented by the General Manager, Azlan Md Alifiah, and his deputy, Noraida Mohd Yusof, while Raudhah City Sdn Bhd was represented by its Chairman, Datuk Seri Syed Zainal Abidin Syed Mohd Tahir, and the Chief Executive Officer, Mohd Fadzli Hashim.
Raudhah city will be developed in 25 countries around the world and
The development project will focus on several clusters of economy which are the early education cluster, higher education, medical tourism, creative multimedia, commercial and residential.
The city concept is also recognised by the World Islamic Economic Forum (WIEF) in 2013 in
The project is expected to take 15 years to be fully completed, while the first phase, which starts next year, is expected to be completed by 2020.
DENGKIL: After close to a decade and over a billion ringgit, the Selangor State Development Corporation (PKNS) has little to show for its investment in the Selangor Science Park 2 (SSP2) project in Dengkil.
According to PKNS, only about 10% of the 526.1ha in Bukit Baja, Dengkil it acquired in 2004 for this high-tech park has been developed. Sceptics are concerned that given the lack of progress, this may turn out to be another white-elephant project, considering the total land and development costs thus far amount to RM1.24 bil.
PKNS general manager Azlan Md Alifiah admits the state government agency needs another 10 to 15 years to achieve a total gross development value (GDV) of nearly RM10 bil. However, he is expecting “more development” starting next year.
According to PKNS, the science park has roped in Hanwha Q CELLS Malaysia Sdn Bhd (Qcells), a manufacturer of solar cells, solar panels and solar modules. The company, which is one of Europe’s leading photovoltaic providers, is based in Germany and is part of South Korea’s Hanwha Group.
Another project that has been rolled out in the park is residential development Vega Residensi 1, a serviced apartment project that has been sold out. The solar manufacturing facility is sprawled over 25.9ha, while the latter takes up 4.04ha.
Under the park’s masterplan, 60% of the land is allocated to industrial lots and commercial use, 30% to residential space and the balance of 10% to infrastructure. SSP2 is designed to attract main players in high technology, particularly biotechnology and pharmaceutical industries, yet the only tenant in the project is Qcells.
Asked about other investors planning to set up facilities at SSP2, Azlan says the corporation has yet to secure any.
During a media site visit organised by Selangor State Investment Centre Bhd (SSIC) on Nov 18, Azlan was asked about the reason behind the slow pace of SSP2’s progress. He explained that PKNS’ approval from the local authority to convert the land use to mixed development took the first four years. Subsequently, infrastructure construction work took about two years.
“I do admit it is a slow start and it is quite difficult. But at the end of the day, if there are no takers 10 years from now, we can reconvert the land for other purposes. So we are not worried about the situation. However, we believe we have the catalyst for Korean investors to venture into SSP2, especially with the establishment of a Korean school within the development,” Azlan reveals.
“We want to be a sustainable developer. We do not want to build just for the sake of building, without considering the requirements or market demand. It took us 30 years to develop Shah Alam with land sizes of more than 4,046ha and this shows that we are a long-term player,” he adds.
A market observer is concerned about the project being able to attract local and foreign investors. He also says if things do not go well, the company faces the possibility of higher costs to reconvert the land and this is a risk factor that needs to be taken into consideration. PKNS funded the SSP2 project with its own cash and funds raised from sukuk.
Azlan tells FocusM that PKNS has allocated RM27 mil to demolish and reconstruct a bridge in the area which collapsed last year. Construction is expected to start by March next year and will take about 12 months.
PKNS business development senior manager Norzila Sidek says the allocation of industrial lots is set in a 50:50 ratio for both local and foreign investors.
She adds management has been talking to Japanese, Korean and other investors and hoping that educational facilities there such as colleges, a Korean school and an Islamic international school will be added attractions for potential investors.
Norzila says that Selangor was committed to creating high-tech industrial parks in the state, hence PKNS built Selangor Science Park 1 (SSP1) in Kota Damansara. The park was completed in 1995 with a total land size of 1,174ha, of which 160ha were for industrial lots and the rest for commercial and residential units and amenities, she says.
“To show continuity in this effort, we started SSP2 which is located next to Cyberjaya. In developing it, biotechnology and pharmaceuticals are the main areas we are focusing on, instead of pure manufacturing facilities,” Norzila adds.
Source: FocusMalaysia 5/12/2014
Sunday, January 18, 2015
TAYLOR’S International School Puchong recently opened its doors to the first cohort of 525 students. The first day of school was a much-anticipated day for the students, parents and teachers.
The atmosphere was celebratory as the day marked the beginning of a new school and a new journey for its students and teachers. The school celebrated this momentous day with a whole school assembly.
“Today we are able to celebrate the first day of Taylor’s International School Puchong because many people have put in a lot of effort and time to make this happen. This project started seven years ago and the construction of the building took us three years,” said Taylor’s Schools president BK Gan.
“Taylor’s International School aims to educate students to take their place as leaders in the global community. It is our desire to create an enjoyable learning environment and a community where learning can take place holistically; a place where learning can become a habit and a lifelong joy,” he added.
In his welcome note, Taylor’s International School Puchong principal Paul Rogers shared his teaching philosophy that every child is special.
He said,“In this school, we celebrate that you are all unique, with your own special gifts,and we need to find out what those gifts are.”
He urged students to try their hardest in their learning and, together, make Taylor’s International School a fantastic school.
THE largest badminton court in the country and Puchong landmark Michael’s Badminton Academy (MBA) is being demolished to make way for a commercial development. The popular badminton hall and local hangout spot in Bandar Puteri Puchong ceased operations on Jan 1 this year after its 10-year lease expired. The owner, IOI Properties Berhad, will be taking back the land for commercial development. As one drives by the large hall, located between a park and other commercial buildings, signs of dismantling work can be seen. The mamak stall outside the building — a popular hangout place for badminton players to have a drink and meal after their games — is no more.
Owner Michael Lee said since it opened in 2004, MBA had become a regular hangout spot for badminton fans including students and their families as well as local residents.
It had 32 courts spanning 0.80ha of land, hence its entry in the Malaysia Book of Records as the “Largest Badminton Court in Malaysia”. Several regular players said they would miss the place.
Choong Mee Fatt, 47, said it was not just a badminton hall, but also a gathering place for the local community.“MBA is a landmark in Puchong and is as well known as IOI Mall. It was a good place for youths to hang out. I feel sad that it has to be demolished,” said Choong, who is a member of the Bandar Puteri 10 Residents Association.He added that they held their RA meetings at MBA a few years ago when there was a thunderstorm and the community cabin was flooded.
“We also had dialogues with the police here and it is also the location for several community events,” he said. Another regular visitor, Steve Jong, had patronised the centre since 2007 to play with his ‘badminton kaki’, some of whom came from as far as Sungai Long, Kajang. “I have been bringing my seven-year-old daughter to play badminton here. It’s also a place for me to meet up with friends for drinks after a match.“I have made many new friends here,” said Jong, a resident of Taman Putra Prima, Puchong. “Badminton is a sport that unites as everyone can play together regardless of their background or beliefs,” he said. MBA student Toh Jern Yoong said he would now have to look for a new place to train. The 14-year-old, who is homeschooled, had undergone badminton training at the academy six times a week for the past year. “I like sports so I used to come here often. I also get to meet new friends. I want to become a professional badminton player,” said Toh.
MBA owner Michael Lee said he was sad to see his court go. “Many of my friends thought I was crazy when I decided to open my first large badminton hall in Taman Megah in 2000, with 16 courts,” said Lee, who got the idea while working in the construction business in the late 1990s.
While on a visit to Johor for work, Lee, an avid badminton player, found that most halls had only six or seven courts, and players would have to wait for a long time until one was free. “I noticed that there was a demand for it, so when I came back to the Klang Valley, I took the plunge and opened a large badminton hall,” he said. MBA was built at a cost of RM4.5mil. “Indoor badminton courts were not common back then as people used to play in the open air. “We were very lucky as there has been tremendous support from badminton players and the community in general. Even when we first opened, the place was fully booked,” said Lee. Throughout the years, MBA has hosted many tournaments, such as the inaugural Muhibbah Badminton Championship where players are teamed up with a partner of a different race. It also hosted the 13th World Chinese Badminton Championship in 2006, which was the first of its kind hosted outside China. It also acted as a training ground for about 200 students between the ages of seven and 18, led by five coaches. Lee said he was trying to identify a suitable location for a new hall and plans to have an airdome-shaped structure. “It will not be as big because of space constraints — probably 16 to 18 courts — but we plan to improve the environment, cleanliness and security,” he said.