OCTOBER - DECEMBER 2012
ANDAMAN AT QUAYSIDE E&O launches second tower to overwhelming response
E&O RENTAL PROGRAMME A new programme for the owners of St Mary Residences
NEW PROPERTY LAUNCHING SOON There’s a buzz in Kuala Lumpur...
E&O AIMS TO LAUNCH RM2.5 BILLION PROPERTIES SPOTLIGHT:
HIGH-LIVING SERVICED SUITES TO CALL YOUR HOME PLANNING A TRIP TO KUALA LUMPUR FOR BUSINESS OR A SHORT GETAWAY? ENJOY THE ELEGANCE AND CHARM OF E&O HOSPITALITY. COMING SOON TO THE HEART OF KUALA LUMPUR. A newsletter of E&O Property (Singapore) Copyright 2012. Eastern & Oriental Berhad. All rights reserved. 11 Beach Road #01-02 Singapore 189675 | T: +65 6337 1680 | E: eospore@easternandoriental.com
Banking on new growth engines
E&O SINGAPORE WEEKEND PROPERTY TALKS www.easternandoriental.com
SPOTLIGHT
HIGH-LIVING SERVICED SUITES to call your home
W
e’re pleased to introduce the brand new E&O Residences Kuala Lumpur – an urban haven amidst one of Asia’s most exciting gateway cities. Opening its doors to the world on 1 December 2012, the E&O Residences Kuala Lumpur is the first serviced suites to share the name and pedigree of the iconic Eastern & Oriental Hotel in Penang. We bring the finest of home comforts to make your long- and short-term stays as luxurious and comfortable as possible. Whether travelling for business or leisure, you’ll enjoy the chic, spacious level of luxury inside your elegantly furnished serviced suite with impressive views of the Kuala Lumpur City Centre (KLCC) skyline outside.
Category
Published Rate Promotional Rate*
1-Bedroom Suite (1,131 sq ft)
RM 980.00++
2-Bedroom Suite (1,442 sq ft) RM 1,580.00++ Extra rollaway bed with breakfast at RM120++ * Rates valid from 1 December 2012 to 31 March 2013
RM 560.00++ RM 860.00++ Rates shown are per night
Customised packages are available to meet your needs. For details, please call Donny Ewe, Director of Sales at +6012 322 7773 or email: donny.ewe@eoresidences.com
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Enjoy these 5-star amenities and services at E&O Residences Kuala Lumpur: Spacious accommodations iPod docking station, WiFi connection, kitchen, washing machine and dryer, etc. Daily breakfast at Delicious Restaurant at St Mary Place, the 2-storey retail annexe located onsite Concierge and business centre services State-of-the-art gym, meditation and yoga room Children’s playground and landscaped courtyard Outdoor infinity saltwater pool An exciting choice of restaurants, shops and personal services within walking distance Easy access to LRT transportation network
HAPPENING NOW
LUXURY LIVING BY-THE-SEA Now available: First release of prime tower 1H in Singapore
O
n the back of buyers’ positive response to the first tower (1F) of the Andaman at Quayside condominiums in Seri Tanjung Pinang, Penang, E&O has launched the second tower (1H).
Sited on the last plot within Quayside, the Andaman series commands prime position within this extraordinary seafront resort. Then our architects made it even better – they realigned the towers so that 75 per cent of the units face the Andaman Sea, the marina at Straits Quay, the tree-lined waterpark or Gurney Drive.
Choose from eight carefully planned layouts ranging from expansive penthouse suites with tension-edged lap pools to spacious threebedroom suites for larger families and chic onebedroom units designed for the modern jet-setter. Own your private piece of the Andaman Sea today.
Units are selling fast! Please visit the E&O Gallery Singapore at 11 Beach Road (Seah Street junction) for details. Phone | 6337 1680 Hours | Mon-Fri: 9am-6pm Sat: 11am-4pm Closed on Sundays and public holidays.
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It is located in Seri Tanjung Pinang, the largest world-class waterfront community in Penang, Malaysia, designed by award-winning international architects, WATG in Seattle. Endowed with 21 acres of seafronting land, 7-acre gardens, 4.5-acre private waterpark, and a superluxe clubhouse, the Andaman Series at Quayside offers comprehensive fittings and 5-star hotel standard finishings.
Freehold Only 5% down payment Attractive discounts & financing packages Free legal fees for SPA Interest-absorption scheme by developer
HAPPENING NOW
E&O RENTAL PROGRAMME A new programme providing market information to owners of St Mary Residences, Kuala Lumpur
E
&O’s signature project, St Mary Residences, has been completed and is in the process of being handed over to owners. In providing continuous support to our purchasers, we’re pleased to introduce the E&O Rental Programme, a new programme providing pertinent market information that will enable St Mary Residences owners to quickly respond to the interest that St Mary Residences is generating in Kuala Lumpur, and thereby better realise their investment. For the first six months, E&O will work with valuers and property agents to assist owners in getting their units rented out for free.
For assistance, please call the St Mary Residences Customer Relations Department at +603 2144 1833.
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E&O Deputy Managing Director Mr. Eric Chan said, “Through St Mary Residences, we are showcasing how E&O raises the bar on the level and scope of services as well as the extended support offered to buyers and investors.”
HAPPENING NOW
LAUNCHING SOON:
THE MEWS, KUALA LUMPUR
A 38-storey, freehold wonder hidden behind a tranquil, tree-lined lane. Its signature is understated simplicity, executed with style and integrity. A thoughtfully choreographed living space for the gentler gender both in and outside her abode. Like the water garden sanctuary on the 6th floor and a rooftop sky garden. Definitely a one-of-a-kind female centric abode that caters to the increasing trend of women owning a place in the city centre for a pampering escapade or a convenient place for work.
It’s named The Mews. Latest jewel in E&O’s property collection
Freehold
Exclusive, with only 256 units in 2 towers
Prime location, in the heart of Kuala Lumpur City Centre
Look out for more details coming soon in 2013.
Unique facilities with wellness elements, beautiful landscaping and utmost privacy
Join our priority list by registering at this link:
Focus on security, convenience, storage and pampering for extraordinary metro living experience
Great potential appreciation values
www.the-mews.com/registration/reg.asp
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E&O HIGHLIGHTS
E&O AIMS TO LAUNCH RM2.5 BILLION PROPERTIES Banking on new growth engines
E&O expects to launch properties across the next 1218 months in the Group’s new growth locations of Iskandar Malaysia and London as well as its established landbanks in Penang and Kuala Lumpur. “The past year has seen E&O extending our footprint to new growth areas in Iskandar Malaysia and London. While E&O continues to realise value and strengthen our landbanks in Penang and Kuala Lumpur, we will also be focusing on launches at our new landbanks in the coming year,” said E&O Deputy Managing Director Eric Chan at the company’s 85th Annual General Meeting on 27 Sep 2012. E&O is in the midst of launching RM1.2 billion worth of Andaman condominiums at its flagship Seri Tanjung Pinang masterplanned development in Penang. On Jalan Yap Kwan Seng, Kuala Lumpur, a new condominium project worth an estimated RM400 million is expected to be launched in the first quarter of 2013.
STRONG Q1 RESULTS FOR E&O
Results driven by residential properties segment E&O continues to see strong results for the first quarter ended 30 June 2012 supported by its residential property projects, the cornerstone of its business. Revenue recognised from E&O’s residential property more than doubled to RM118.713 million in the quarter under review from RM56.096 million in comparative quarter ended 30 Jun 2011.
In articulating E&O’s commitment as a premier property developer, he said “We are passionate about what we do, always aiming to offer the best-in-class and to be distinguished by our hallmarks of quality and luxury.”
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E&O Deputy Managing Director Eric Chan said, “The higher revenue achieved from our residential projects reflects the higher sales recognised for existing and new projects as well as the steady progress of our developments.”
E&O HIGHLIGHTS
E&O LAUNCHES SECOND TOWER Singaporean buyers were given first dibs at this prime tower of Andaman seafronting condominiums located on a sprawling 21-acre site at the world-class masterplanned development of Seri Tanjung Pinang in Penang. E&O Head of Sales and Marketing for Penang, Christina Lau, says, “The initial response to our Singapore launch was very positive. We are confident that the outstanding proposition of Andaman with its strategic seafront location, well-appointed units and world-class facilities backed by E&O’s proven track record will continue to attract discerning buyers.” Units range from a spacious 1,161 square feet (sq ft) for a 1-bedroom studio suite to the expansive 4,755 sq ft penthouses. There are also 1+1, 2 and 3-bedroom suites at 1,188 sq ft, 2,047 and 2,776 sq ft respectively. “Owners of Seri Tanjung Pinang properties have been enjoying attractive capital appreciation. For example, the Suites at Straits Quay serviced residences have appreciated by about 80% since their launch in 2008,” said Lau.
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NEWS CLIPPINGS
The Sunday Times, Singapore (22 Jul 2012)
Investor Daily, Indonesia (14 Sep 2012)
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NEWS CLIPPINGS The Star, Malaysia (10 Jun 2012)
A SLICE OF LIFE
PURE
ENERGY
Along the quiet, serene corridors of the Lone Pine Hotel, Penang, lies a calm oasis where wellness is a given. Welcome to the world of Pure Energy. It offers a cosy ambience, absolute cleanliness, and consistency of service by professionally trained therapists.
F
or global nomads who travel for work, Pure Energy offers a comforting sanctuary within which one’s nerves can be soothed and body, pampered. For the holiday-goer, the spa offers a beautiful environment within which to get one’s beauty needs attended to. With a variety of massages, facials, body scrubs, and wraps, a whole menu of tempting treatments
await behind the doors of Pure Energy. TREATMENTS Massages: Purity Special is the signature treatment but there are options for Pressure Point or Balinese therapy massages too. Facials: Pure Energy has various facials for him and her, addressing specific problems such as dehydrated skin or jet-lagged, tired complexions.
Body Scrubs: A range which promises to slough off the old and bring on the glow of new skin with Salt Glow, Ground Coffee, Hibiscus Rose, and Mococoa. Body Cocoons: Almost like going back to the womb, this will maximise the benefits of Algae Marine, Minerals or Mococoa on your body. Pure Energy spa also does waxing, manicures and pedicures. For more information and appointments, please call +604 886 8511.
VIBRANT PENANG Pamper yourself this holiday season with a getaway to these fine E&O hotels: E&O HOTEL (George Town)
Deluxe room @ RM520++ per night with breakfast Reservations: +604 886 8686 | www.lonepinehotel.com
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Suites from RM610++ per night with breakfast Reservations: +604 222 2000 | www.eohotels.com
LONE PINE HOTEL (Batu Ferringhi)
FLASHBACK
MALAYSIA PROPERTY OUTLOOK and investment opportunities Overwhelming response seen at E&O’s weekend property talks
I
n September 2012, E&O organised several weekend talks on the hot topic of Malaysia Property Outlook and Investment Opportunities by prominent real estate consultant, Colin Tan. Hosted at the E&O Gallery Singapore, the talks were held in conjunction with the launch of the second tower (1H) of Andaman at Quayside.
Participants also gained insights into what to look out for when investing in a Malaysia property and the common mistakes to avoid.
The Andaman at Quayside in Penang wowed prospects with its offering of luxurious seafront condominiums coupled with its signature 4.5-acre waterpark and generous recreational spaces.
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Engaging the participants with his lively presentation, Colin addressed market concerns such as Singapore’s property cooling measures, current price trend, high capital outlay requirement, and so on, which have resulted in foreign and Singapore Investors looking elsewhere for sterling investments.
In addition, the participants also discovered why it is prudent to invest in concept planning communities as well as in locations with good economic and industrialisation planning in place.