Email from Taman Putra Prima Resident

"Complaints about no road lights & bumpy road at Lingkaran Putra Prima"

Hi
I would like to share below link for the above complaints.
http://www.jkr.gov.my/app-jkr/page.php?id=489
(Just go to http://www.jkr.gov.my , click on aduan on top.)
So everyone can help to submit the complaint.
Thanks

* or you can lodge complaint at the links below.
http://ekl.mpsepang.gov.my/SSO/Default.aspx
http://www.pcb.gov.my

Indoor Futsal & Badminton Courts @ Puchong Utama

One piece of good news for you all to enjoy before end of this year!

Bukit Puchong in Future

Taylor's International School and Commercial Centre

Proposed Puchong Utama Interchange - Update

In Puchong, the proposed Puchong Utama interchange should materialise soon, as Asmawi has pledged to write to the Selangor state government to request funding for the RM25mil project.
Councillor T Michael said the project, which is situated between Batu 14 and Puchong Perdana, was proposed by the council at the residents’ request.
“But we only have RM8.9 million for the moment, so we would like the state to help us [with funding],” MPSJ president Asmawi Kasbi told .

source: Komunitikini

Three-in-One Offering in Puchong for Potential Buyers

TAMAN Tasik Prima in Puchong will soon become a lively place when The Wharf Residence makes its debut soon.
The residences which comprises of three blocks of waterfront apartments by Bolton Berhad is located on a 6.07ha tract as part of the area’s development plans.
The project has a mix of residential and commercial developments.
“The first is the The Wharf Residence comprises three blocks of high-rise towers featuring 1,002 high end apartment units overlooking Tasik Prima, followed by the integrated three-in-one development which has boutique showroom offices, flexi suites a retail mall,” said Bolton Berhad executive director Chan Wing Kwong during the launch of Tower 8 — the first of the three The Wharf Residence’s towers.
The tower features 334 units with a built-up area ranging from 795 sq ft to 1,173 sq ft.
With a starting price of RM275,130, The Wharf Residence also provides owners with facilities such as swimming pools, a gymnasium, a playground, a yoga zone, a jogging track and a garden.
Chan said a unique feature of the apartment units was the introduction of an external storage room on each floor.
“There is one storage room for every unit which you can turn it into a store room,” he added.
Besides the apartment units, the public also had a sneak peek into the BizWalk comprising 32 units of three-storey boutique showroom offices.
The offices were launched in August last year and had sold out since.
However, Chan said Bolton plans to follow-up the success with the launch of specially-designed flexi suites, a two-in-one commercial offering.
“The flexi suites can be used as an office and a residential space as well.
“You can stay in one and operate your office in the other or you can even rent it out,” said Chan.
As for the retail mall, it has a gross floor area of 506,510 sq ft and some 1,296 parking bays.
When completed, the mall will also see a link bridge from the apartment blocks.
Chan also shared that the mall will also be incorporating green features such as using less energy, less treated water, thus reducing chemical footprint in general.
The Wharf Residence show unit at the Bolton Studio sales gallery in Taman Tasik Prima Puchong is open seven days a week between 9am and 6pm.

source: TheStar

Puchong’s Immigration Department To Be Upgraded

The Immigration Department has agreed to upgrade its over-crowded office in Taman Puchong Utama. The department has agreed to open another three counters on the first floor above the existing office, which will be equipped with 50 chairs.Upon its completion, the first floor counters will cater for the able-bodied applicants while the ground floor will be made into a senior citizen and disabled designated counters.Passport collection and identification card applications can still be done on the ground floor.

source: Komunitikini

IJM Land Set To Launch Canal City Project By Early 2012

SINGAPORE, Nov 22 (Bernama) -- IJM Land Bhd, a leading property developer in Malaysia, is set to mount a roadshow to launch the "Canal City" project in the Klang Valley early next year.
Chief executive officer and managing director Datu Soam Heng Choon said:"We are going to launch the "Canal City" in the Klang Valley middle of next year.
"So, we are going on a road show for the launch (of the project) may be by the beginning of the year."It was called the Canal City last time, but we are going out there (during the roadshow) to give it a rebranding," he told Bernama today.
The project with a gross development value of more than RM10 billion will be sprawled over 800 hectares at the back of the Kota Kemuning and Kota Permai Golf Course in Shah Alam, Selangor.
"The design will be based on the green city concept. It is one of the the first green township that we are developing and the project will be one of the first few big green townships in Malaysia" he added.
Soam said the project, comprising a mixed township of commercial and residential components, would be fully completed within 12 and 15 years.
Touching on the city concept, Soam said a water and canal feature would be incorporated to run through the entire development.
On the probability of looking for investors, Soam said:"Not so much because we already have experience in carrying out township developments.
"We actually have township and niche project developments like "The Light Waterfront Penang" project," he said.
Spread over 60 hectares, the RM5.5 billion iconic waterfront development will comprise residential and commercial components complete with 100 per cent fibre optic infrastructure.
Soam said IJM Land was currently undertaking projects in Penang, Klang Valley, Johor, Sabah and Kuching.
Currently, IJM Land has a landbank exceeding 4,000 hectares with a gross development value of more than RM20 billion to be realised over 20 years.

Source: Bernama

A Dangerous Guessing Game

A MISSING traffic light at the junction of Jalan PU 7/5 and Jalan Puchong Utama 3 in Puchong is causing inconvenience to road users.
Motorists waiting in Jalan PU 7/5 can only depend on the remaining traffic light at the corner of the road.
A bus driver, who only wants to be known as Lau, said the traffic light across the road fell and was removed three months ago.Selangor Community Policing group coordinator Kuan Chee Heng pointed out that it was dangerous if the motorists had to ‘guess’ their turn to move by depending on traffic lights for the other directions.

source: TheStar

Putra Industrial Park by Tanming Berhad

Putra Industrial Park is strategically located within the matured industrial hub of Puchong and fronting ELITE Highway gives great exposure to your business. It is surrounded by matured residential, commercial and industrial townships, where you are assured of abundant and experienced manpower that is essential to your business operation.
Putra Industrial Park is well connected via a web of key expressways including LDP, NKVE, KESAS, ELITE, and KL-Putrajaya Highway.
It is in close proximity to major logistic and distribution hub including Northport, Westport, KLIA and KL city centre.

Tesco @ Bukit Puchong Approved

First Block of The Wharf Residence 80% Sold

PUCHONG (Nov 18): More than 80% of the first block of The Wharf Residence serviced apartments at The Wharf commercial development in Taman Tasik Prima, Puchong, has been taken up.
Officially launched last Saturday, The Wharf Residence comprises three high-rise towers with 1,002 units of serviced apartments. Developer Bolton Bhd launched the first block of 334 units with a gross development value (GDV) of RM105 million.
The units have built-ups of 795 sq ft to 1,173 sq ft with 2- or 3+1-bedroom units at prices from RM275,130.
The Wharf Residence offers purchasers full condo facilities, including a swimming pool, children's pool, gymnasium, playground, yoga zone, jogging track and a lush landscaped garden. Another unique feature is the external storage room for each unit located on the same floor as the unit.
According to Datuk Azman Yahya, executive chairman of Bolton, Taman Tasik Prima has emerged as one of the preferred townships in Puchong on the strength of its meticulous planning and innovative products.
"At Bolton, we continue to push the envelope in terms of creativity and innovation," Azman said. "What we are launching is based on thorough market research of what consumers want to see in apartment living. As a result, I am very pleased to announce that we sold 70% of the units in the first tower prior to the launch."
Bolton began developing Taman Tasik Prima, an integrated township of mixed residential and commercial projects built around a 200-acre lake, some 10 years ago.
"When we first began developing Taman Tasik Prima, we had planned to achieve RM500 million in terms of GDV. Today, Taman Tasik Prima's GDV is in excess of RM1 billion, with The Wharf development itself being valued at more than RM500 million," said Azman.
The Wharf is the township's commercial centre that sits on 15 acres of leasehold land within the 345-acre township. The integrated development comprises boutique showroom offices, flexi-office suites, the serviced apartments and a mall.
The first component of The Wharf, the BizWalk, made up of 32 boutique three-storey showroom office units priced at RM2.2 million each, was launched in August last year. These units are sold out.
Azman added that Bolton plans to follow up on this success with the upcoming launch of the flexi-suites, described as a "versatile two-in-one commercial offering."
The mall is expected to be completed by 2013. "The mall will further strengthen the appeal of The Wharf Residence. It has a gross floor area of 506,510 sq ft and 1,296 parking bays. There will be a link bridge from the apartments to the mall, providing integrated convenience to the residents," said Azman.
He said Bolton is confident the remaining units of the first block will be snapped up before the year ends.
Bolton has been developing properties since 1964. Its completed developments include Taman Midah in Cheras and The Tijiani in Bukit Tunku. Bolton has built a reputation for its residential, retail, industrial and commercial properties cementing itself as one of the oldest and most established developers in Malaysia.

source: TheEdge

Accident @ Tasik Prima 13/11/2011

Dihanyut Arus Deras

PUCHONG: Seorang pekerja syarikat pembersihan sampah mati lemas selepas dihanyutkan arus deras ketika membersihkan longkang besar yang tersumbat dengan sampah-sarap di Taman Tasik Prima, semalam.
Kejadian berlaku kira-kira jam 3 petang, namun mayat mangsa berusia 24 tahun dan berasal dari Myanmar ditemui di besi penghalang sampah oleh unit Skuba Bomba kira-kira jam 5.55 petang. 
Sebelum kejadian, orang awam menghubungi syarikat kontraktor pembersihan sampah untuk membersihkan longgokan sampah yang tersumbat di dalam longkang menyebabkan air tidak dapat mengalir dengan lancar disebabkan hujan lebat. 
Komander Balai Bomba dan Penyelamat Puchong, Jefri Amat berkata, syarikat berkenaan kemudian menghantar empat pekerja, termasuk mangsa untuk membersihkan longgokan sampah berkenaan bagi melancarkan pergerakan air mengalir terus ke sebuah tasik tidak jauh dari tempat kejadian. 
Beliau berkata, sewaktu kerja pembersihan sedang dijalankan, tiba-tiba air mengalir deras menyebabkan semua pekerja berkenaan lari menyelamatkan diri.

source: www.hmetro.com.my

Koi Prima

Puchong is one of the fastest growing developing areas in Selangor and located within Puchong is another development that is worth a look based on its location alone – Koi Prima Suites by Pagoda Canggih Sdn Bhd. The serviced condominium is in a location that is close to amenities, highways and transportation.
For starters, it is just approximately 1km to the proposed Star LRT station 11 and 12 and will be highly connected as it is also proximate to the KL-Seremban Highway, Lebuhraya Bukit Jalil, Jalan Puchong, Lebuhraya Damansara-Puchong (LDP) and Maju Expressway (MEX Highway).
The leasehold Koi Prima will be built on 7.9 acres of land, with a gross development value of RM450 million. Managing your daily lifestyle needs will also be a breeze as it is just 5 minutes from Carrefour and Tesco, and there is a list of schools and learning institutions including SRJK (C) Han Ming, SRJK (C) Sin Ming, Binary University College, RIMA College, Lim Kok Wing University College and the KFCH International College within a tight radius. This makes it a prime choice for both investors and families with children.
In addition, Columbia Asia Hospital and KPMC Hospital is within a short driving distance.

souce: www.koiprima.com

Mr & Mrs Anand Tuition @ Taman Tasik Prima

Puchong @ Prima Biz Hub, Taman Tasik Prima
Putra Heights @ Putra Point Commercial Center

FORM 1 - 3: MATHS & SCIENCE
FORM 4 & 5: MATHS, ADD MATHS, PHYSICS, CHEMISTRY, BIOLOGY & ACCOUNTS

OPEN FOR 2012 REGISTRATION
CLASSES START 1ST DEC 2011

019-6648664
www.facebook.com/MrMrsAnandTuition

Taylor's Builds RM110m International School In Puchong

KUALA LUMPUR: Taylor's Education Group is investing RM110 million to build a new international school in Puchong, Selangor.
The school will be located on a 7.8-acre site and cater for more than 2,000 students, with the first phase to open in 2014 with an initial intake of 1,000 students.
"The Taylor's brand is synonymous with high quality tertiary education to students through Taylor's University and Taylor's College. Now, Taylor's can educate students at a younger age to provide them with the necessary foundation for success," said group CEO Datuk Loy Teik Ngan in a statement.
The company's school division currently comprises Garden International School, Australian International School Malaysia, Sri Garden Kuala Lumpur, Sri Garden International and Nexus International School in Putrajaya.
"We believe that Taylor's International School, Puchong, has the potential to contribute and enrich the growing communities adjacent to the school," said Taylor's school division president B K Gan, adding that the school will "place a lot of emphasis on values like respect and care for family and community as a whole".
Taylor's tertiary arm consists of Taylor's University and Taylor's College. The group currently caters for 20,000 students with its private school and tertiary education offerings.

More

source: TheEdge

85,000 Highway Users Will Enjoy Better Traffic Flow With The Newly Opened Puchong Towards Putrajaya Bridge On Lebuhraya Damansara-Puchong (LDP)

Starting from 21 October 2011, about 85,000 highway users at Puchong are expected to enjoy better traffic flow on LDP with the completion of a new 2-lane bridge from Puchong towards Putrajaya at the Puchong Intan Interchange. The new bridge was completed two months ahead of schedule and it marks the completion of the Package 5A. The new two lane bridge is about 550 m in length and will help to alleviate the evening peak hour congestion at Puchong Intan Interchange towards Putrajaya and Shah Alam. This Package 5A which commenced in September 2009 comprised of 3 phases - upgrading of Puchong Perdana Interchange traffic light intersection, widening of existing mainline from 3 lanes to 4 lanes between Kg. Bharu Puchong and Puchong Intan Interchange and the construction of the 2-lane flyover from Puchong towards Putrajaya at Puchong Intan Interchange. The Package 5A was built at a cost of RM 110 million and was fully funded by LITRAK and part of the RM 312 million highway enhancement project announced by LITRAK in 2009. Enhancements works under Package 5C which comprising upgrading works from the Petaling Jaya Toll Plaza at Sunway towards Puchong is under construction and when completed in early 2013 will compliment the completed Package 5A.

source: http://www.litrak.com.my

New Land Approved for Selangor Schools

PUCHONG: Land for three new schools and a centre for autistic students have been approved by the state to cater to overwhelming demand from the community.
“We have already approved the land for the schools to share,” said state executive councilor Teresa Kok.
The Kinrara assembly person said the state had received many complaints about the lack of public, vernacular and religious schools, especially in the Petaling district.
The schools, SJKC Yak Chee (2) and SMJK Katholik (2), and an autistic centre will be located in Taman Tasik Prima. A further 5.93 acres of land will be reserved for a primary Islamic religious school in Bandar Kinrara.
About 2.5 acres have been approved for the autism school, which will be built by the developers of Taman Tasik Prima. The rest of the land will be divided between the schools.
Although land for the new schools has been approved, the school boards still need approval from the Education Ministry before they can proceed with construction.
Kok expressed hope that approval will be given immediately to enable the schools to start drafting plans on how to fully maximise the space.
The schools can share some common facilities like a field, courts and canteen to optimise the land.
She added that there should be no reason for the ministry not to give the green light.
She pointed out that SJKC Yak Chee in Taman Bukit Kuchai and SMJK Katholik in Petaling Jaya are highly reputable. Allow ing them to open branches in Puchong would benefit the community here, she said.
Each of these schools has about 3,000 to 4,000 students, with both having to turn down about 1,000 students annually due to lack of space. “The new schools will be within the vicinity of Puchong and it is convenient for residents to send their children there,” she added.
The autism school will also be a reputable one as it will be run by professionals from the National Autistic Society of Malaysia.
“This is part of our corporate social responsibility plan. We strive to give the best to the community,” said Tasik Prima project manager John Lou Chee Khiam.
He added that the move would also be timely because there is no autism centre in Puchong and surrounding areas.
Representatives from SJKC Yak Chee and SMJK Katholik also gave their thumbs-up to the move,
“We applied for land two years ago, and we are happy the state approved it this year,” SMJK Katholik Alumni chairperson Fong Kui Lun.
He said the school had applied for land in a few area, but they preferred Puchong because it is not that far from their current school in Petaling Jaya.
SJKC Yak Chee Alumni chairperson Liong Yen Lan said the school was already bursting at the seams.

More

source: SelangorTimes

Taylor's International School is Coming to Bukit Puchong

Finally, Taylor's Education Group received the go-ahead to build an international school at Bukit Puchong. Soon, we will see one of Malaysia's foremost private education group, Taylor's Education Group, setting up a premier school on eight acres within Bukit Puchong development, scheduled for its first intake in 2014.

TTDI Puchong

This 53-acre mixed development project will become a new nerve centre, humming with activity and business. Features that will ensure this include contemporary resident suites and versatile office spaces, coupled with a boutique hotel, lifestyle piazza and innovative semi-detached, cluster designed shop offices.

Mitraland @ Puchong

Mitraland development will be a mixed development, comprising industrial and residential components. The land is a 63-acre tract land next to Meranti Jaya, Puchong

KUALA LUMPUR: Mitraland Group has sold some 70% of its recently launched Lake 6 Entrepreneurs Park, its first industrial project in Puchong. About 60% were sold prior to the launch.
"About 70% of the units have been sold so far and of the remainder, only a few units remain for non-bumiputera customers. The buyers were a mix of investors and companies who bought for their own use," said Eddie Wong, deputy general manager of Mitraland.
"The market last year was more investor-orientated while the current market favours the end user," he added when asked about the current property market environment.
The development is Phase 1 of the 63-acre Lake 6 mixed development, and consists of corporate style 3-storey factories with a 4-in-1 concept, in that the factories can be utilised as a warehouse, factory, showroom or office. There are two types of factories on offer — semi-detached and detached. The semi-detached unit has a built-up area of 5,465 sq ft, while the detached unit has a built-up area of 9,600 sq ft. The factories are leasehold, with a tenure of 99 years.
Situated in Puchong, Lake 6 Entrepreneurs Park spans 20 acres, and is linked to Subang Airport, Kuala Lumpur International Airport and Port Klang via major highways such as the Federal Highway, Lebuhraya Damansara Puchong and North-South Highway. Due to its location, the park hopes to tap into the Puchong population of 420,000 to provide a skilled workforce to businesses here.
The gross development value of the park stands at RM200 million. The units retail at RM470 psf, with the semi-detached units selling for RM2.598 million and the detached units selling for between RM4 million to RM4.56 milion. Maintenance is estimated at RM400 per month, which covers the 24-hour security patrolling services and real time CCTV surveillance.
"The factors that mainly interest buyers were the concept and the value for money that the development provides," said Wong adding that Lake 6 Entrepreneurs Park's units offer larger built-ups compared to other similar developments in the area. Furthermore, a lake borders the project site providing a lush landscape.
Mitraland's future plans for the area include residential and commercial developments.

source: TheEdge

Calisa Residences @ Taman Mas Puchong

1) Calisa Block N - 13 levels, 130 units ( fully sold out)

2) Calisa Block M - 16 levels, 156 units 

3) Calisa Block O - 15 levels, 419 units

LBS makes its first high-end development in Puchong

Swanky development: The show house for the Apicalia is ready for the big day on Sept 15.

IT WAS a piece of land that Datuk Lim Hock San, the managing director of LBS Bina Group Bhd, knew had great potential but wasn’t quite certain the form of development it would take in what was an ex-mining land, dwarfed by a huge lake.On paper, it would seem to be LBS’ less desired property and many had advised Lim to unload it, especially during the last financial crisis. But Lim’s insistence on holding on to it to capitalise on its potential apparently paid off.Today, the 71ha piece of land that sticks out like a peninsula into the over 400ha lake is set to be the crown jewel in the LBS stable of developments all over the country.This will be the first luxury development for LBS and Lim is confident that his company’s maiden high-end project will be able to draw in buyers.More than 90% of Apicalia superlinks have been sold since it was launched on April 15. This represented a total sales value of RM140mil.“We are promising our buyers the very best in terms of finishing as well as a lifestyle. There are very few places left in the Klang Valley which can offer a luxury home facing such a vast body of water,” he said.
The development, aptly called D’Island Residences, is filled with the full trappings of a gated community with a three-tier security system. Being surrounded by a massive lake also makes the entire development even more secure.
Construction has already started for the first phase which consist of two sets of super-link houses (Type A 22ft x 100ft and Type B 22ft x 80ft) and semi-detached units measuring 40ft by 80ft.
Both the super-link houses called the Apicalia (the name of a type of sea shell) are triple storied. Type A has a gross built up area of 3,966sq ft and a total of 53 units are being built under Phase 1. It is currently selling from RM1.4mil. The 69 Type B units with a built-up area of 3,413sq ft each are priced from RM1.3mil. The 74 semi-detached units, under the first phase, are named Balvia after the famed spiral seashell cost from RM2.4mil. The gross built-up area for each unit is 4,864sq ft.
LBS executive director Cynthia Lim said the houses names have taken on a seashell theme to reflect the resort living that D’Island is promoting.
“Resort-style living is a preferred choice for people going on vacations. This will become a daily experience and lifestyle at D’ Island Residence where home owners can now look forward to a much sought-after respite from the hassle and hussle of modern day living.” she said.Cynthia also pointed out that living a healthy lifestyle would also be possible because the development comes with proper jogging area around the lakes as well as outdoor exercise areas set up with a Par-Course.
The next launches will see more Apicalia super-link houses with lift as well as the Balvia semi-detached ones and bungalows.
Lim said the development plan also called for the construction of 148 bungalows and a low-density condominium of about 350 units.
“We have also set aside land for a clubhouse and a commercial area which both are in the planning stages.”
The total gross development value of the project is estimated RM3.6bil without taking into account the proposed commercial project.
Housing and Local Government Minister Datuk Chor Chee Heung is expected to officially launch the project on Sept 15.

source: TheStar

A Message from A Reader 'Sangkancil'

hi , this is my sugestion 4 the benefit of all, can we start a petition to the state , and local goverment & JKR, to improve the road , to widen the road and increase more route to TPP area. Looking into the massive developent in that area, it will be very jam soon..... actually the area already seeing massive in flow and out flow of vehicle during office hour now is the good timing and we should start asking the authority to do work ..as impending General election, this is the only time , the GOV will listen to us..if we are just keep quite, i will expect we will start to suffer in 6 -12 month time, once alot of house is completed..action shud be taken earlier to prevent this from happen what u guys think about this?

IJM Land plans RM2b projects for FY12

KUALA LUMPUR: IJM Land Bhd expects the local property market to remain resilient this year, and plans to launch RM2 billion worth of properties for FY12 ending March 31.
Its managing director and CEO Datuk Soam Heng Choon said IJM Land would continue to launch projects in FY12 due to strong demand for property that is underpinned by young buyers and attractive interest rates.
“Apart from the soft market in Kuala Lumpur City Centre and Mont’Kiara, demand continues to be strong for properties in the country,” he said after the group’s AGM yesterday. He said low interest rates continue to remain low and attractive for property investments. He added that the volatile equities market, which had been trending downwards, would see investors looking at bricks-and-mortar to hedge against inflation, besides commodities.
“Last year, we (the housing industry) saw 376,000 units sold nationwide, which was a record for the industry. The total properties sold had a combined gross development value (GDV) of RM107 billion. This year, we expect demand to be remain strong, but it could be slightly lower due to the higher base and weaker sentiments of the global economy. But we remain optimistic,” he said.
IJM Land’s current unbilled sales stand at just over RM1 billion that would last the group for two years. Soam said IJM Land is planning to launch projects in Seremban, Bandar Utama and mainland Penang this year.
He said properties priced around RM500,000 would continue to see good demand, and is bullish on the mass rapid transport (MRT) system to drive property prices up.“The MRT project has a multiplier effect for the value of properties” he said.
Soam is particularly bullish on Penang where IJM Land is one of the more prominent property developers with a 325-acre (130ha) landbank on the island, including 153 acres on reclaimed land.
He said IJM Land currently has 4,800 acres with a potential GDV of RM19 billion that will last the group for 10 to 12 years.
On a possible property glut in Penang, Soam said IJM Land has positioned itself as a market leader and is unperturbed with other developers emerging on the island.
“The pie is big enough, but our product offerings will set us apart from others. Our properties are located near the Penang bridge and have premium waterfront position,” he said. He said IJM Land will launch a RM400 million project in Bukit Mertajam consisting of cluster and terrace houses by year-end.
Soam said IJM Land’s three key projects — the RM1.4 billion Sebana Cove in Johor, the RM10 billion Canal City project in Kota Kemuning, and the RM5 billion The Light commercial phase in Penang are on track for launch in the middle of next year.
“Land reclamation works in Penang are currently underway and we are doing the detailed planning for the Canal City township which has an acreage of 2,000 acres. These projects are on schedule for launch next year,” he said.
According to analysts, the three projects are expected to boost IJM Land’s earnings in FY13 onwards. HwangDBS Research said in a recent note that the on-going investments by Petronas in Pengerang, Johor, would buoy housing and rental within the area.
“Canal City should be an excellent beneficiary from the matured Kota Kemuning township and eventual completion of light railway transit extensions to Putra Heights. It would also give IJM Land a much needed flagship Klang Valley project,” said the research house in a recent note. It has a “market perform” call on IJM Land with a fair value of RM2.74.
Soam said IJM Land is open to merger exercises, but it is not looking for any partner anytime soon. Last year, it entered into a memorandum of understanding with Malaysian Resources Corp Bhd (MRCB) for a proposed merger but it later fell through.
At the heart of the merger is the Employees Provident Fund (EPF), which is a common substantial shareholder for IJM Land’s parent, IJM Corporation Bhd, and MRCB.
EPF holds the mandate for the much-coveted 3,300-acre Rubber Research Institute Malaysia (RRIM) land in Sungai Buloh. Despite the merger setback, Soam said IJM Land remains interested in developing the RRIM land and would submit an application when the tender is called.

source: TheEdge

Plenitude 4Q net profit down 19.5% to RM22.2m

KUALA LUMPUR: Plenitude Bhd's net profit for the fourth quarter fell 19.5% to RM22.2 million from RM27.60 million a year earlier due mainly to lower progressive profit recognised on properties sold, completed and handed over.
It said on Tuesday, Aug 23 that revenue for the quarter fell to RM75.92 million from RM107.59 million in 2010. Earnings per share was 8.20 sen compared to 10.20 sen in 2010, while earnings per share was RM2.91.
For the financial year ended June 30, Plenitude’s net profit rose to RM89.59 million from RM84.19 million on the back of revenue RM317.89 million.
Plenitude executive chairman Chua Elsie in a statement Aug 23 said that the profit for FYE 2011 was attributable to good demand and higher selling price per unit of its existing projects in Puchong, Johor Baru, Penang and Sungai Petani.
Chua said for the reporting year, Plenitude launched three (3) phases within its Puchong, Johor Baru and Sg. Petani mixed residential projects.
She said the latest phase of Taman Putra Prima, Puchong spearheaded the strong performance this year where a total of 248 units of double storey and 2 ½ storey terrace houses were fully sold.
Taman Desa Tebrau, Plenitude’s flagship development in Johor Baru recently launched 55 units of bungalows and currently registering a take up rate of 70%, she said.
Chua said Plenitude’s maiden luxury project in Penang, Bayu Ferringhi had been completed, delivering 112 units of condominium and 38 units of semi detached homes.
“Sales for our townships in Sungai Petani, Kedah mainly Bandar Perdana and Perdana Heights (Lot 88) properties also continue to rise.
“With the current demand pushing up prices, we are offering very affordable well designed 1 ½-storey terraced houses and double-storey terraced houses to meet expectations of first time buyers” said Chua.

source: TheEdge

Da Vinci Art & Craft Creative Kid Development Centre

Now is opening at Taman Meranti Jaya. Let realize your kid's creative potential through whole-brain development with Da Vinci special designed programmes.

Please visit http://davincipuchong.blogspot.com/ for more information

Our Neighbouring Taman: Aman.sara

source: http://www.simasgroup.com.my/

Sunway unit, MRCB get LRT extension jobs

KUALA LUMPUR: Sunway Holdings Bhd and Malaysian Resources Corp Bhd (MRCB) announced yesterday the awards of contracts for the light rail transit (LRT) extension projects by Syarikat Prasarana Negara Bhd (SPNB).
Sunway Construction Sdn Bhd, a unit of Sunway Holdings, clinched Package B for the Kelana Jaya line extension project, valued at about RM569 million while MRCB was awarded a contract worth RM1.33 billion for the Ampang line extension.
SPNB is fully owned by the Ministry of Finance, and was given the task of expediting the project by the government.
In a statement yesterday, Sunway Holdings said the Kelana Jaya line extension will link Kelana Jaya station to Putra Heights via Subang Jaya. The facilities works are divided into two packages, Package A and Package B.
Under Package B awarded to Sunway Construction, the facilities works will involve the construction and completion of facilities along a 8.1km route from Persiaran Kewajipan, Subang Jaya to Putra Heights.
The works include site clearance, earthworks, viaduct construction, roadworks, drainage, traffic management, structural and temporary works.
“The proposed project is expected to commence upon handing over of site possession which is anticipated in September 2011 with a construction period of 29 months.
“It is expected to contribute positively to the earnings of Sunway Group for the financial year ending Dec 31, 2012 onwards,” said the company.Sunway Holdings’ outstanding construction order book stands at RM1.97 billion, of which RM508 million is from overseas. It also has a tender rolling order book of RM1.5 billion.
In its filing with Bursa Malaysia, MRCB said the contract was awarded through its wholly-owned subsidiary MRCB Engineering Sdn Bhd (MESB).
The RM1.33 billion contract includes the construction and completion of facilities works including fabrication and delivery of segmental box girders (Package B) for the Ampang line extension project.
MRCB also said that through a separate letter SPNB has awarded MESB the sub-contract for the fabrication and delivery of segmental box girders (Package B) for the Kelana Jaya line extension project.
MESB also bagged a RM67.2 million job from Sunway Construction. No details were available. The construction period for the works is 20 months from commencement date which is defined as anytime within 14 days from the notice to proceed,” said MRCB adding that the contracts would contribute positively to MRCB’s future earnings.
In its annual report for FY10, MRCB said its order book had surpassed the RM1 billion mark.
The main contractor of the facilities job for Package A, worth RM634.64 million of the Ampang line, was jointly awarded to Bina Puri Holdings Bhd and Tim Sekata. The contract is scheduled to complete within 2½ years.
The first phase of the Ampang line will be a new 7.4km stretch from the Seri Petaling station to Station No 5, while Package B will see a 10.3km extension from Station No 5 to the Putra Heights Station.
So far, SPPNB, which has been given the mandate to oversee the country’s infrastructure projects, has awarded contracts worth RM1.7 billion for the first phase (Package A) of the RM7 billion (LRT) extension project involving the Kelana Jaya and Ampang lines.

SPNB had said the selection of the contractors was done through an open tender process starting from November 2009. A total of 119 applications were received, but one was rejected due to failure to comply with application guidelines.

source: TheEdge 17 August 2011

80% of retail lots in M Square Mall sold

PROPERTY developer Millennium Land Sdn Bhd has announced that 80% of the retail lots in M Square Mall have been sold. “This is better than the anticipated response to our integrated development M Square @ Millennia City launched in May this year,” said Millennium Land general manager Chua Chin Eng. “I believe that Millennia City will be the next commercial hub of Puchong,” he said at the Millenia-Hilton Premium Club Membership presentation ceremony.
M Square has a total GDV of RM1.5bil. It has a total gross built-up area of 1.37 million sq m and a nett built-up area of 0.75 million sq m. This development comprised M Square Mall — a 115,824sq m self-enclosed six-storey shopping mall that is linked to the 255-room Hilton Garden Inn, and a 0.64mil sq m Street Mall comprising 13 blocks of six-storey retail and office units which upon completion, will be the country’s largest alfresco mall and the commercial heartbeat of Puchong.
A convention hall with a seating capacity of 1,200 to cater to the Meetings, Incentives, Conferences and Exhibitions (MICE) market segment will also be part of M Square offerings. The development also features 3,250 car park bays with direct drive through access from the LDP via an underpass to be built by MLSB.
According to Chua, in conjunction with the continuous marketing programme to promote M Square and Hilton Garden Inn, Millennium Land through its agreement with Hilton Worldwide, is offering purchasers the Millennia-Hilton premium Club membership card.
The Millennia-Hilton Premium Club membership card offers a host of privileges which includes dining and beverages privileges of up to 50% at Hilton Hotel’s restaurants in Kuala Lumpur, Petaling Jaya, Kuching, accommodation privileges at any Hilton Hotels in Malaysia, as well as discounted rates at any participating Hilton Hotels in the Asia region.
Members will also get to enjoy overall discounted rates for the use of the in-house Clark Hatch Gym & Spa treatment centres as well as amenities, business centre services at Hilton Kuala Lumpur and Hilton Petaling Jaya.
Millennium Land will be giving away Millennia-Hilton Premium Club membership card for those who made purchase of our property now and enjoy the privileges offered immediately.

source: TheStar August 12, 2011

Puchong I-Hub

26 units of exclusive Bungalow Factory situated near Taman Mas Sepang

Tesco is coming to Bukit Puchong!

Location will be at Site B. Please refer here

Not One, But Three

A total of three highrise luxury condominium projects has been approved by MP Sepang.

New Development @ Puchong Prima & Bukit Puchong

A) 11 BLOK APARTMENT DUPLEKS 6 TINGKAT

B) 6 LOT KOMPLEKS PERNIAGAAN DAN 1 LOT PERNIAGAAN/HYPERMARKET 

X 2 Residency

Site A is confirmed to be luxury high-rise condominium called X 2 Residency, a 24 storey residential high-rise.

www.metrogen.com.my