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Friday, June 13, 2008

Inspiring Excellence

Malton is noted as a developer of upmarket homes as well as trendsetting commercial developments such as the VSQ.

The Malton Group has been one of the country’s prominent developers for over 27 years.

Malton’s prowess as a developer includes dream homes and commercial developments that are admired in the industry. Malton is not only a dream home specialist but noted as a developer of prominent landmarks and housing development with superlative quality and innovative distinction.

Amaya Saujana @ Saujana Resort

Enchanting Amayan Luxury

Rising 13 storeys high, the freehold Amaya Saujana development fans out artfully with well-designed residential suites that combine luxurious modern living with space and comfort.

The sizeable built-up space ranges from 1,569sq ft to 1895sq ft. Every unit features en-suite bedrooms with premium quality finishes.

The sizeable built-up space ranges from 1,569sq ft to 1895sq ft. Every unit features en-suite bedrooms with premium quality finishes.

Located opposite the prestigious Saujana Golf & Country Club in Subang, the Amaya Saujana is an artistic medley of stylish tropical accents, comfort, convenience and value that ultimately is a haven for those who seek a luxurious lifestyle.

V Square (VSQ) @ PJ City Centre

Enhancing Your Metropolitan Working Lifestyle

V Square (VSQ), located along Jalan Utara in Section 14 is encapsulated in its motto to be ‘Vibrant, Vital & Visionary’ – sound business traits. The established business district of PJ was chosen as it is set to be tomorrow’s commercial trendsetter. Like four sides to a perfect square, VSQ balances the four key elements for business success – accessibility, functionality, security and style. It ultimately reflects the future trend for PJ as the iconic business hub in the Klang Valley.

The epicentre of VSQ is the 20-storey Corporate Twin Towers, complemented by the 17-storey Corporate Business Suites and the seven-storey Corporate Offices with a Retail Podium on the ground floor.

Completely integrated with every functional aspect of a super commercial hub, it is designed to offer a contemporary working environment featuring lifestyle facilities such as a swimming pool, gymnasium, sauna, and WiFi connectivity. At VSQ, every top-of-the-range lifestyle facility and service will literally be at your doorstep to enhance your working lifestyle.

It will ultimately help attain and maximise your business potential by providing you with peace of mind, inspiration and the right environment for business success.

Bayu Villas @ Bukit Rimau, Shah Alam

Living Next Door To Nature

The Bukit Rimau Township is a pleasure oasis where quiet walks can be taken around the neighbourhood and gardens, away from the hustle and bustle of the city. Its tropical and lush setting is perfect for families.

Bayu Villas, the final phase of Bukit Rimau showcases 36 artistic homes facing the Bukit Kemuning Golf & Country Resort.

Bayu Villas, the final phase of Bukit Rimau showcases 36 artistic homes facing the Bukit Kemuning Golf & Country Resort. Its ultimate aim is to satisfy the discerning homeowner’s quest and appreciation for detailed landscaping. It is the obvious choice for those who prefer style and substance; where the presence of a tropical sanctuary helps them unwind and re-energise. The respite from the chaos of city life truly translates into gracious living. Clean and simple lines are evident both in the interior and exterior of the homes. Bayu Villas also feature such luxuries like a jacuzzi with a view in the master suite, an outdoor water-filtration system and motion-detector lighting system for the exterior.

Mutiara Indah @ Puchong

The Pearl Of Puchong

Mutiara Indah is strategically located at the south-east quadrant of the Puchong Town Centre, amidst the buzz of classy development in an established neighbourhood. The development comprises cluster homes, semi-detached and terraced houses, apartments and shop offices.

Perched on verdant elevated land, Mutiara Indah’s latest development of two-storey link homes and two-and-a-half-storey “link bungalows” within an exclusive gated community offers a panoramic view of its surrounding landscaped gardens. Its prestigious location enhances lifestyles complemented by easy access to the facilities and amenities that a family needs. The modern facade and practical layouts are further supported by perimeter fencing and a 24-hour guardhouse for complete peace of mind.

The Grove@SS23, PJ

Rare And Exceptional

The Grove at SS23 Petaling Jaya is an exclusive development limited to 35 three-storey, freehold homes.

One of Malton's latest and exciting new projects is The Grove@SS23 PJ. Since opening for registration, it has received overwhelming response – clocking up in excess of 300 prospective buyers. Limited to only 35 exclusive freehold units of three-storey bungalows and “link bungalows”, The Grove is a gated and prestigious residential development situated in the mature neighbourhood of SS23 in Petaling Jaya.

Tastefully designed to ensure the comfort of its residents through well-planned layouts, these designer homes offer tropical-garden living experiences and come with harmonious water features that ultimately form the centrepiece of the home. Each home is fitted with 6+1 ensuite bedrooms and features lift provisions to cater for the future needs of a growing family.

This natural sanctuary is filled with all the facilities to fulfil your every need and fancy. This is the place where a family truly gets to live the beautiful life. Situated in a premium location in close proximity to mature neighbourhoods, established amenities are just around the corner to cater to all your needs.

Service Apartment with Retail Podium at Taman Maluri, KL

In the pipeline is another mixed commercial development project consisting of service apartments and a retail podium, located in Taman Maluri, Cheras. It is located in the south of KL City Centre, next to the Jusco Shopping Mall in Taman Maluri.

Residents will have full access to the amenities surrounding the development while enjoying a metropolitan lifestyle and full panoramic view of the KL city skyline with 24-hour security. All major highways are easily accessible while the KL City Centre is just a five-minute drive away. It is surrounded by established commercial developments such as banks, shopping complexes and business offices. The service apartments have full condominium facilities.

By The Star

Lakeside living in Ipoh

Lakeside living coupled with city amenities is hard to beat

Located in Ipoh, Tiara Lake Park offers the option of working in the city while living in a peaceful and serene home, complete with all the amenities for comfortable living.

Spacious: Tiara Lake Park is a low density development with 5.1 homes per acre compared to the industry average of 10–12 houses per acre.

“Ipoh is an ideal township to call home. It has all the necessary amenities such as shopping malls, parks and hospitals and offers affordable housing,” says Total Investment Sdn Bhd director John Chong whose company is undertaking the development.

The development site is also strategically located between Kuala Lumpur and Penang. The Double Rail Track System, expected to be operational in two years, adds to the attraction of Ipoh.

“What we are offering is quality lifestyle living,” explains Chong.

He points out that at the cost of a mid- range home in Kuala Lumpur, one could live in a luxurious upmarket house in Ipoh with added facilities.

At Tiara Lake Park, this is exactly what you get.

The project is located merely 10 minutes' drive away from the heart of Ipoh.

Built around a large lake, residents will enjoy landscaped parks and gardens as well as aquatic leisure activities including boating and fishing.

“Tiara Lake Park is devoted to nature and greenery. No other township in Perak offers this. It is also an impressively low density development with 5.1 homes per acre compared to the industry average of 10–12 houses per acre,” says Chong.

Terraced homes offer large built-up space with plot sizes that span 22ft x 80ft, 24ft x 75ft and 25ft x 80ft.

With paths, jogging tracks, tree-lined roads, surrounded by Ipoh’s natural limestone hills, it will be a delightful place to call home. Buyers will also be happy to note that space has also been allocated for a school and kindergarten, with plans for a shopping area.

As for designs, you can choose from a range to suit various budgets – from terraced houses to semi-detached units to bungalows.

Terraced homes offer large built-up space with plot sizes that span 22ft x 80ft, 24ft x 75ft and 25ft x 80ft. For those who prefer detached homes, the cluster semi-detached unit will catch the eye with its contemporary designs and affordable pricing ranging from RM223,800 to RM236,800.

The homes will also be equipped with an alarm system, with the option of subscribing to a Central Monitoring Security System.

Total Investment, says Chong, is positioning itself as a developer of quality and lifestyle homes.

“With this in view, we are very discerning in the areas we choose to develop, ensuring that our townships offer the best living environment.”

For those who prefer detached homes, the cluster semi-detached unit will catch the eye with its contemporary designs and affordable pricing ranging from RM223,800 to RM236,800.

Another one of its distinguished projects is a gated community in Bandar Baru Tambun, comprising exclusive semi-detached and bungalow units.

Priced from RM500,000, these contemporary semi-detached lots (45ft x 85ft) have six rooms and five baths. The 100 units will be supported by first-grade infrastructure facilities and a central park.

Meanwhile 12 highly exclusive bungalows will also be available.

Total Investment welcomes inquiries at its booths at the MAPEX exhibition from June 13 to 15. Or call 05-2536 555. Their office is located at No. 3, Jalan Lasam, Greentown, Ipoh

By The Star (by Elaine Jeyakumar)

Riverside residences

Visit the Glenmarie Cove show village to experience these elegant lifestyle offerings

With house prices rising in tandem with the escalating oil and steel prices, owning a riverfront address may seem a distant dream to many. But that can be a reality with Glenmarie Cove's offer of great homes by the river at down-to-earth prices.

At Glenmarie Cove, four private piers with berthing facilities are provided for boating enthusiasts.

Glenmarie Cove offers serene riverfront resort living. Its small community of expatriate residents also gives the place an international feel.

Set to be launched this month, the Rosea semi-detached house, sited on a generous freehold lot of 40ft x 80ft are priced from RM486,000 onwards.

The Rosea will appeal to homeowners who want to upgrade to terraced corner-homes or a semi-detached unit within the safe confines of a gated and guarded community.

DUSK: One of the riverfront bungalows in the Glenmarie Cove development

Rosea semi-detached houses come with practical layouts of 4+1 bedrooms and four bathrooms, stylishly designed with a double-volume ceiling over the dining area and tall glass-doors that open out to the back garden. It comes with two attractive facades to choose from.

Besides the Rosea Semi-Detached, Glenmarie Cove also offers The Palmea Villa Semi-Detached units with lot sizes that start from 40ft x 80ft.

A cosy bedroom that looks out to the Langat River.

This modern contemporary home with a choice of 4+1 or 5+1 bedroom design concept is priced from RM679,760 and comes with additional features like concealed air-conditioning wiring and piping to the living, dining and bedrooms, as well as hot water piping to all bathrooms on the first floor.

Glenmarie Cove also offers bungalow lots for sale from RM60 per sq ft with lot sizes ranging from 6,000sq ft to 14,000sq ft.

To know more about Glenmarie Cove’s lifestyle offerings, call 03-3134 2828 or visit their show village today.

For details, drop by the Glenmarie Cove Development Sdn Bhd office off Jalan Telok Gong, 42000 Klang, Selangor, or Janice Law (senior marketing and sales executive) at 03-3134 2828

By The Star

St. Regis luxury hotel coming up at KL Sentral

The six-star St. Regis hotel chain is coming to Malaysia, and owner One IFC Sdn Bhd believes Kuala Lumpur is ready for the luxury brand.

The 200-room St. Regis Kuala Lumpur and 200 freehold residences are slated to open in 2014. The development will be sited at KL Sentral.

Starwood Hotels & Resorts Worldwide Inc was appointed as the management operator at a ceremony in Kuala Lumpur yesterday.

One IFC chief executive officer Carmen Chua said the company is committed to the project even though construction costs are rising.

"We are monitoring the situation very closely due to the scale of this project, but we are committed as we have confidence in Malaysia's economy and the country," Chua told a press conference yesterday.

CMY Capital Sdn Bhd holds 60 per cent of One IFC, while Malaysian Resources Corp Bhd (MRCB) - KL Sentral's developer - owns 30 per cent. The rest is held by Jitra Perkasa Sdn Bhd.

Construction is scheduled to start in 2010. One of the world's top three architectural firms - Skidmore, Owings and Merrill (SOM) - will be the hotel's main architect.

SOM designed the Freedom Tower in New York in the US and the world's tallest tower, the Burj Dubai, in the United Arab Emirates.

The hotel's development cost has yet to be determined as it is pending the design approval.

Chua said the design is likely to be unveiled late next year or early 2010.

The St. Regis Kuala Lumpur will be built on 0.88ha.

According to Chua, 1.4 million sq ft of development has been approved.

It will feature the famed hallmarks of St. Regis hotels, including luxury accommodation and the iconic butler service.

"When it is open for business, 95 per cent of the staff will be locals, and we plan to recruit local graduates and train them," Chua said.

By New Straits Times (by Roziana Hamsawi)

CMY Capital and MRCB in St Regis deal

KUALA LUMPUR: ONE IFC Sdn Bhd has signed an agreement that will see the world-renowned St Regis brand make its entry into Malaysia.

The six-star St Regis hotel, which is scheduled to open its doors in 2014, will be built on Lot C at KL Sentral. The St Regis Kuala Lumpur will feature a minimum 200 hotel rooms and 200 whole ownership units or residences.

“Our vision and aspirations are to create a development that would redefine luxury, and one that would raise the benchmarks of Malaysian real estate to that of international standards,” ONE IFC chief executive officer Carmen Chua told reporters at the signing with Starwood Hotels & Resorts Worldwide Inc yesterday.

Carmen Chua (left) and Miguel Ko at the press conference yesterday.

Starwood is a world leading hotel and leisure company with about 900 properties in 100 countries. Apart from the St Regis brand, Starwood manages other brands such as Le Meridien, Westin, Sheraton and The Luxury Collection.

The St Regis brand is over 100 years old and the St Regis Kuala Lumpur will feature the hallmark of the St Regis hotel – butler service and luxury accommodation.

Mustafa Kemal Abadan, design partner of the world-famous architecture firm Skidmore, Owings and Merrill (SOM), will design the hotel, residence and office tower.

SOM’s portfolio of over 800 design awards includes the Freedom Tower, which is the redevelopment of the World Trade Centre in New York, and the Burj Dubai, the world’s tallest tower, in the United Arab Emirates.

“The sustained demand for luxury accommodation, the renowned Malaysian hospitality, combined with the legendary bespoke service of the St Regis brand, and the unrivalled location of this hotel in the exclusive urban centre of KL Sentral, will make this property an extremely attractive choice for travellers to Kuala Lumpur,” said Starwood Hotels & Resorts, Asia Pacific president Miguel Ko.

ONE IFC is 60% owned by CMY Capital Sdn Bhd, 30% by Malaysian Resources Corp Bhd and 10% by Jitra Perkasa Sdn Bhd.

Construction of the ONE IFC hotel, residence and office tower development is expected to be financed by the shareholders funds and begin in 2010.

Chua also said the ONE IFC’s commitment to the project represented its confidence in the Malaysia economy despite the current climate of uncertainty, inflation and rising costs.

She said the final costing and the subsequent gross development value of the project would only be determined after the building was designed.

By The Star

Work on RM2.7b Lido Boulevard to start by Sept

CENTRAL Malaysian Properties Sdn Bhd (CMP) announced today that it will start work on the RM2.7 billion Lido Boulevard project in Johor Baru by September this year.

In a statement, CMP said the integrated residential-cum-commercial city project will begin with land reclamation which is expected to be completed within 24 months.

The 122-acre Lido Boulevard between State Secretary Incorporated, a Johor state government investment company, and CMP is one of the biggest private finance initiatives to date within the Iskandar Malaysia development corridor.

“When fully developed, the project will completely rehabilitate a major stretch of Lido Beach, often considered an eyesore by locals,” CMP said.

CMP managing director Datuk Chan Tien Chee said the land reclamation would be strictly monitored with stringent measures in place to protect marine life, the coastal environment and the livelihoods of affected fishermen.

By Bernama

Mutiara Goodyear in Penang venture with Tambun Indah

PROPERTY developers Mutiara Goodyear Development Bhd and Penang-based Tambun Indah Group are jointly developing a RM776 million residential development in Seberang Prai, Penang.

Situated on three parcels of freehold land measuring 101.48ha, it is part of the remaining 284ha piece of land owned by Mutiara.

Mutiara's landbank in that area originally stood at 434ha, of which 150ha has already been utilised to develop the Bandar Tasek Mutiara township that houses over 4,000 units.

In a statement yesterday, Mutiara said a joint venture company called Tambun Indah Development Sdn Bhd has been established.

Mutiara's wholly-owned subsidiary, Pembangunan Bandar Mutiara Sdn Bhd holds a 30 per cent stake in the company, while Tambun Indah's two major shareholders - Siram Permai Sdn Bhd and Amal Pintas Sdn Bhd - have a 55 per cent and a 15 per cent stake, respectively.

Tambun Indah Development will purchase all three parcels of land from Mutiara for RM123.5 million and will undertake the development of residential properties on the land in phases.

By New Straits Times

Damac to pump in RM397m into Nusajaya

The Iskandar Malaysia project has attracted another foreign investor, Damac Properties LLC, which is pumping RM397 million to develop three parcels of commercial land at Nusajaya in Gelang Patah, the largest urban development in Southeast Asia.

Damac Properties, a unit of Dubai-based Damac Holding, yesterday entered into a sale and purchase agreement through its Malaysian subsidiary, Damac Properties (M) Sdn Bhd, with UEM Land Bhd, the master developer of Nusajaya.

Under the deal, Damac Properties will purchase three parcels spreading over 17.4ha that forms part of the 275ha Puteri Harbour development.

It plans to develop commercial and residential properties and a private marina at a gross development value of RM3.8 billion.

Damac Properties chief executive officer Peter Riddoch said it is excited about its role in the development of Nusajaya, adding that the value of properties developed by Damac appreciates as it always carefully selects its investments.

He said the company has already undertaken 60.3 million sq m of development across seven countries.

"Our plans in Nusajaya is just another example of our pursuit of providing our customers with the highest levels of luxury in the region.

"We are now at the design and development stage. Hopefully, we will kick off our work by the end of the year or early next year," he said.

During the signing ceremony, Damac Properties was represented by Riddoch and Damac Holdings general manager Shabir Yousef, while UEM Land managing director Wan Abdullah Wan Ibrahim and UEM Group Bhd chief executive officer Datuk Ahmad Pardas Senin signed on behalf of the company.

Witnessing the ceremony were Johor Menteri Besar Datuk Abdul Ghani Othman and UEM World Bhd chairman Tan Sri Ahmad Tajuddin Ali.

In his speech, Abdul Ghani said the Johor state government welcomes Damac Properties' investment in Nusajaya.

"We envisage the development will attract both international and local investors," he said.

Nusajaya, with its seven signature developments, is positioned as the "World in One City" and poised to become a regional city.

To date, works on the Inner Lagoon of Puteri Harbour waterfront development has been completed and the marina is expected to receive its first boat by year-end, complete with a Marina Clubhouse catering to the needs of the seafarers and a promenade for the general public.

By New Straits Times (by Sim Bak Heng)

Damac plans RM3.8bil project

JOHOR BARU: Dubai-based Damac Holdings, one of the world's leading luxury waterfront developers, plans to build commercial and residential properties and a private marina with a projected gross development value of about RM3.8bil in Puteri Harbour, Nusajaya.

From left: Wan Abdulllah Wan Ibrahim, UEM Group MD/CEO Datuk Ahmad Pardas Senin, Johor Mentri Besar Datuk Abdul Ghani Othman, UEM World chairman Tan Sri Ahmad Tajuddin Ali and Peter Riddoch

Spanning 17ha, the project will be undertaken over eight to 10 years by Damac Properties (M) Sdn Bhd, a subsidiary of Damac Properties LLC, the real estate development unit of Damac.

Damac Properties chief executive officer Peter Riddoch said the project was now at the design development stage.

“Once the approvals come through, we hope to start by early next year,” he told a press conference after the signing of an agreement between Damac Properties and Nusajaya master developer UEM Land Bhd yesterday.

Under the agreement, Damac will pay RM397mil cash for three parcels of commercial land that form part of the 278.4ha Puteri Harbour development.

Riddoch said Damac chose to invest in Iskandar Malaysia as it felt the region had huge development potential.

“Our test marketing shows that many end users will be very excited to own properties in this region,” he said.

He expressed confidence that Damac's projects in and around Malaysia would add value as iconic developments and attract individual investors from the Middle East and the rest of the world.

UEM Land managing director Wan Abdullah Wan Ibrahim said there was a demand for luxury property in the region and the project also hoped to tap on opportunities from Singapore.

“We are barely 45 minutes from Orchard Road and the properties will be sold at a fraction of the cost in Singapore,” he said, adding that the development would complement and leverage on what was being offered in the island republic.

By The Star (by Meera Vijayan)