07
SEP
2016 WEDNESDAY
SENADA RESIDENCES
SPEARHEADS VISION Alya Kuala Lumpur offers the best of both worlds. > P10
– Sime Darby Brunsfield Holding Sdn Bhd chief executive officer Amir Salleh
SEREMBAN 2 REDEFINES EKOVEST STUNS NORTHERN KUALA LUMPUR NEGERI SEMBILAN’S FRONTIER INSIDE WITH EKOTITIWANGSA THIS ISSUE
WITH ITS UNIQUE COMPONENTS, THIS DEVELOPMENT IS POISED TO BE A MODERN FOCAL POINT AND GAMECHANGER. > P02
www.starproperty.my
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BOOSTING THE ECONOMY AND PROPERTY MARKET
FINANCING LENIENCY, ECONOMIC REFORM, AND IMPROVEMENTS FOR RIMBUN IRAMA AND KALISTA EDUCATION, SENTIMENT, DISTRIBUTION OF RESIDENCES SOLIDIFIES URBAN AND RURAL LIFESTYLE WITHIN A CITY. > P04 WEALTH AND INFORMATION PROPOSED FOR BUDGET 2017 AND BEYOND. > P08
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developments
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
02 township By CAITLYN NG LI YUIN
liyuin@ocision.com
EKOVEST STUNS NORTHERN KUALA LUMPUR WITH
EKOTITIWANGSA
With its unique components, this development is poised to be a modern focal point and game-changer. 1
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KOVEST Bhd once had its humble beginnings as Ekovest Bina Sdn Bhd, founded in January 1985. During the company's early years, they were involved in bigger and more technically demanding engineering projects. Following its conversion to a public listed company, it assumed a new name that is now well-known in the industry – Ekovest Berhad. That was in August 1992, and was also listed in the KLSE in August 1993. Since then, the company has only grown in leaps and bounds, emerging as one of the leading construction companies in the country. Involved in major civil engineering and building works such as turnkey, design and build projects, as well as project management, Ekovest Bhd is supported by a group of highly trained and dynamic professionals. One of the company's development gems is located in a prestigious site, north of the Kuala Lumpur city centre; the first-of-its kind, stunning riverfront project, EkoTitiwangsa. As the residential aspect of the stunning KL River City masterplan, it brings together a lifestyle that harmoniously blends together equal parts of work and play. The project comprises three blocks of freehold service apartments with a total of 696 contemporary units. These luxurious units are all set to redefine city living with thoughtful layout plans and various built-up sizes ranging from 820 sq ft to 1,340 sq ft. In addition, there is a multitude of facilities to cater to the comfort of its residents; multi-purpose hall, children's playground, sauna, gymnasium, Jacuzzi and infinity pools to name a few. As a testimony to the developer's vision of a masterplan that epitomises a holistic lifestyle, there is also the iconic EcoRiver Centre to look forward to. It makes up the retail component with 600,000 sq ft spread over six floors, where the total net lettable area (NLA) of the retail mall stands at 400,000 sq ft whereas one floor is solely dedicated to a convention centre (190,000 sq ft). The overall environment will be made much more vibrant with the revitalising of the Klang River. The glittering river promenade, one of the highlights of the EcoRiver Centre, will be made accessible to the public through the unique method of river taxis. There will also be water-based activities planned for the visitors who
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come from all walks of life – river tours, stage performances, cultural and tourist campaigns, as well as al fresco dining options for those who seek to soak up the best of Malaysia's balmy tropical weather. The futuristic architectural design intertwined with natural elements for the EkoRiver Centre is by none other than Arkitek KDI Sdn Bhd. The company holds a track record of excellently crafted products, located both locally and abroad, such as The Robertson (KL) and the C15 City of Light (Abu Dhabi). During a recent forum sponsored by Ekovest, not one, but three, property industry experts were hosted at Menara Star's Cybertorium, where the public
was treated to informative talks that contained a wealth of knowledge. The three speakers were Hartanahguru.com founder Abdul Aziz Ahmad, SMART financing founder Gary Chua and Ang Chee Yong. Their topics were 'Why you need to stay on the transit system', 'How to secure home financing in these trying times', as well as 'Emerging opportunities of HSR on mixed developments in Malaysia' respectively. Aziz emphasised on the various types of public transportation systems available in Greater Klang Valley such as LRT, MRT, Bus Rapid Transit (BRT), and the High Speed Rail (HSR). As such, many TOD (transit-oriented developments) have sprung up, due to the increasing demand for maximum access to public transport. Developments such as EkoTitiwangsa enjoy having various lines within walking distance – the Sentul KTM station and Titiwangsa stations for the Ampang LRT, KL Monorail, and upcoming Sungai Buloh - Serdang - Putrajaya MRT line. Ang touched on the enormous potential that transportation infrastructure developments can have, extending beyond economic growth to increase the attractiveness and viability of integrated property developments. He further expounded on the HSR
that is expected to link Singapore and Kuala Lumpur, which will in turn, present Malaysia and Singapore with more opportunities for greater economic integration. The 350km line will begin approximately 7km from the Kuala Lumpur city centre, in Bandar Malaysia, thus allowing for cities along the line to benefit in terms of rise in quality of life, employment opportunities, as well as talent development. As for Chua, he shared the five winning steps to which the public could follow in order to secure the home financing they require from banks. The first step was to understand oneself, such as one's profile and demographic, as well as by using the application score engine. Next was to ensure the income level, via various income documents which can be acquired from one's employment. Thirdly, the public should always maintain good credit conduct so as to easily be approved for loans, through good credit behaviour and sustain a good rating on the credit score engine. Fourth, one should always certify that there is a capability to repay, while finally, one should always understand the bank. There is a panel of banks which one can choose from, depending on the type of property.
developments
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
04township By LEE YAN LI
lylee@thestar.com.my
SEREMBAN 2 REDEFINES
NEGERI SEMBILAN’S FRONTIER
Rimbun Irama and Kalista Residences solidifies urban and rural lifestyle within a city.
S
INCE 1995, when IJM Land Bhd launched Seremban 2, the 3,800acre freehold development has matured into a satellite town located four km southwest of Seremban city. It has become a catalyst that transforms the area into a thriving vicinity which vies with the old Seremban town centre. With a number of over 13,000 residential and commercial units, Seremban 2 currently boasts of a population of over 60,000 residents. When the township finishes the remaining 30% development, it is expected to host a community of up to 100,000 residents.
set in (XXXXX). Blessed with a strategic landscape on elevated ground, every space and structure is designed to provide a highquality environment for residents to mix and mingle. Most modern conveniences are within easy reach in the mature township of Seremban 2, while the 1.36-acre central park provides an ideal space for the family to enjoy outdoor activities. The houses are built with fully extended car porch and backyard which saves the hassle for renovation, while family members will be spared from the worries of the heart living in the guarded community of Rimbun Irama. To ensure a tight and close connection with the world, the development is also equipped with high speed broadband infrastructure.
Kalista Residence: A Beauty to Behold
Deriving its name from the Greek goddess of legendary beauty, Kalista Residences’ single 18-storey tower comprises two phases which sprawls over a 3.5-acre land. With a gross development value (GDV) of RM63mil, the freehold development with built-up area ranging from 926 sq ft to 1,561 sq ft offers 314 and 208 units of executive apartments in Kalista 1 and Kalista 2 respectively. The units are designed with five types of layouts with a selling price starting from RM317,800 which is completed in (XXXXXX Completion time?). Kalista 1, launched in 2013, was an instant hit which sold 80% with the first day of its launching. Kalista 2, which consists of 208 units, is launched in (XXXX) and is currently recording a take-up rate of (XXXXX) The facilities include 24-hour and two-tiered security, two parking bays per unit, swimming pool, wading pool, gymnasium, playground, multipurpose hall, half basketball court and double volume sky lounge.
Seremban district police headquarters, State fire & rescue department headquarters, Negeri Sembilan Court Complex, Seremban District Administration Office, LPPKN, Custom Complex, Seremban 2 Health Clinic, Sehat Wellness & Medical Centre
A green urban neighbourhood
Designed with care and passion, IJM Land adheres to the theme of “Town & Country in One City”. The integrated and sustainable township channels the concept of “green street” when crafting out the landscape that mixes the open spaces, greenery and beautiful houses in a perfect blend. Community events are a staple of the neighbourhood, which includes health screening and talks, carnivals, chess competitions, home rehabilitation programmes and safe neighbourhood campaigns with the police, as well as environmental friendly activities such as tree planting campaigns, eco-hunt charity events and more. The subtle bends at strategic spots and road sections that reduce speeding, brighter LED street lights, green space that separates walkways from motor lanes are all part of a carefully crafted design to integrate Crime Prevention
Rimbun Irama: The Rhythm of Lush
For those looking of a more spacious house, the 3.44-acre freehold landed development of Rimbun Irama provides a perfect respite for those who are looking for a charming and yet mature neighbourhood to build their family. Rimbun Irama offers 183 units of double-storey linked houses with built-up area of 2,224 sq ft and 2,451 sq ft with a 20' x 70' layout. Launched in (XXXX), the prices starts at RM568,800 with a completion date
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2 1 The living through Environment Design (CPTED) of concept features in the newer residential space Rimbun Irama’s precincts. linked houses is further Seremban is located one km from enhanced by the Seremban toll and five km from the greenery surrounding the newly opened Bandar Ainsdale toll, which allows for easy access through the the neighbourhood. North South Expressway, Elite and Lekas 2 Rimbun highways, as well as a toll-free road to Irama’s doubleKLIA and KLIA 2. storey linked The surrounding amenities are SM houses which Kepayang, SR Wawasan, Courthouse, SM is selling from RM568,800 Mambau, SK Mambau, SM Seremban have limited availability. 2A, Kolej Mara Seremban, SK Rahang, Rasah Kemayan Golf and Country Club, 3 Artist's Paradise Valley Golf Resort and Quirah impression of Kalista 2. Sikamat Mosque.
Developer Name:
IJM Land Bhd
Address: P.T. 10786, Seremban 2, 70300 Seremban, Negeri Sembilan Website: http://seremban2. ijmland.com/ Facebook: https://www.facebook. com/ijmland/ Email: sales@ijm.com Contact No: 1800 222 456 Fax No: +606 7619888 Development project name: Seremban 2 Location: Seremban, Negri Sembilan Property: Township
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Development: 3,800 acres Educational Institutions: Five national schools, Two Chinese primary schools, Two colleges – Kolej Alpha and Kolej Negeri One international school (under construction) Government Institutions:
Retail, entertainment, and leisure: Aeon complex, Mydin mall, Business financial centre, Commercial outlets, 15-acre city park, 30-acre adventure hill park, 34-acre sports complex, S2 Club, Sehat Wellness & Medical Centre Accessibility Infrastructure: North South Highway, Elite, Lekas Development project name:
Rimbun Irama
Property type: 2-storey link homes Tenure: Freehold Total units: 183 Land area: 22’ x 70’ and 20’ x 70’ Built-up area: 2,224 to 2,451 sq ft Development project name: Kalista 2 (Phase 1 and 2) Property type: Executive Apartment Tenure: Freehold Total units: 314 (phase 1) and 208 (phase 2) Built-up area: 926 – 1,561 sq ft (phase 1 and 2)
developments
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
06high-rise
By NURUL ASMUI MD AZMI
asmui@ocision.com
THE PRESENT MATTERS
SETIA SERAYA RESIDENCES’ HIGH LIFE S P Setia takes luxury living in Putrajaya to a whole new level.
Developer Name
S P Setia Bhd
Address
Lot 14124, Jalan P15H, Presint 15, 62050 Putrajaya, Wilayah Persekutuan Putrajaya.
Website
www.setiaseraya.com.my
spj-sales@spsetia.com.my
Contact No
03-8861 6500
Fax No
03-8861 7900
Development project name
Setia Seraya Residences
Location
Presint 15 , Putrajaya
Property type
Condominium
Tenure
Freehold
Built-up area
1,002 sq ft, 1,202 sq ft & 1,420 sq ft
Total design
3
Number of bedrooms
3&4
Number of bathrooms
2&3
Price range
From RM696,000 onwards
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dream interpreter said, to dream of a beautiful tall building in your dream means you will have a life of luxury. But why dream when the reality is going to be so much better with the upcoming high-rise development in Presint 15, Putrajaya. With each new high-rise building skyrocketing across the Klang Valley, Putrajaya is picking up the pace as S P Setia is leading the development of the tallest residences in Putrajaya, namely Setia Seraya Residences, overtaking the existing tallest residences in the vicinity. The freehold condominium offers three different layouts with a starting price of RM696,000. The choices of units at Setia Seraya Residences are 3-bedroom and 2-bathroom units with 1,002 sq ft built-up area, 4-bedroom and 3-bathroom units with 1,202 sq ft builtup area, and 3-bedroom and 2-bathroom plus a lanai units with 1,420 sq ft builtup area.
Homey retreat
Inspired to be the tallest Residences in Putrajaya, Setia Seraya Residences is designed specially for discerning city dwellers with a range of superbly designed condominiums. Soaring above 142m, Setia Seraya Residences provide a
breathtaking bird’s eye view of Putrajaya to the residents. The living spaces of the Setia Seraya Residences are appropriately designed to give adequate, yet spacious area in the bedrooms, living rooms, as well as the kitchens. Built with unique composition, each condo unit is made to offer modernised sensation, as well as to optimise comfort and convenience. Setia Seraya Residences allow residents to indulge in exceptional facilities including a clubhouse, swimming pools, wading pools, artfully crafted water features, a reflexology path, a children playground, as well as the sky garden where residents can chill out and enjoy the breathtaking view of Putrajaya.
Highway, Kajang Traffic Dispersal Ring Road (SILK), Damansara Puchong Expressway (LDP), Cheras Kajang Expressway, Shah Alam Expressway (KESAS), Sungai Besi Highway (Besraya), North South Expressway and ELITE Highway. Setia Seraya Residences is nearby aplenty of prominent amenities and areas including Alamanda Shopping Mall, Nexus International School, Diplomatic Precinct, Putra Mosque, Uniten, IOI City Mall, Putrajaya Hospital, Putrajaya International Convention Centre, Heriot-Watt University and Universiti Putra Malaysia (UPM). Kuala
Excellent connectivity and accessibility
Strategically situated in Malaysia’s federal administrative centre, travelling to and from Setia Seraya Residences is a breeze as it is conveniently connected to a network of highways such as Maju Expressway (MEX), South Klang Valley Expressway (SKVE), New Putrajaya Link, B15 2
1 A dedicated podium complete with thriving facilities for recreation and relaxation. 2 Delightful interior concept offers comfortable living amid modernised structure.
Lumpur Convention Centre (KLCC) and Kuala Lumpur International Airport (KLIA) are also about 30km to 35km away. Public transportation that are within close proximity to Setia Seraya Residences are Putrajaya Sentral, Putrajaya Express Rail Link (ERL), Nadi Putra (Bus) and the proposed HighSpeed-Rail (HSR). Located near all the major highways, accompanied by harmonious environs and contemporary design, Setia Seraya Residences is an ideal abode for those that are seeking for one of the widely sought-after addresses in Putrajaya.
feature
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
08 economy and property
By MAK KUM SHI
makks@thestar.com.my
BOOST NEEDED FOR
ECONOMY AND PROPERTY MARKET Financing leniency, economic reform, and improvements for education, sentiment, distribution of wealth and information proposed for Budget 2017 and beyond.
I
MPROVING market and investment confidence, granting leniency in financing to first-time homebuyers, and reducing the lapse period for references of transacted property prices were suggested measures to improve the property market. Infrastructure spending can boost the economy in the short term. However, in the long run, economic reform, educational improvements and other measures are needed to improve productivity. Malaysian Institute of Estate Agents president Erick Y.T. Kho suggested that the government should familiarise themselves with the current property market situation, where demand and supply are concerned. It is very important for the property market to gain confidence now. The property market should be supported because its products would encourage foreigners to come to Malaysia. A lot of transactions have been aborted by foreigners who want to buy Malaysian properties because they do not want to go through the hassle of buying certain landed properties. This is attributed to a breakdown in communication between the Federal and state governments, where land law is under state jurisdiction. Although Malaysia My Second Home (MM2H) programme is laudeble, more needs to be done. In addition to establishing an ideal one-stop centre to encourage foreign investment, some business investment policies should be changed to attract foreign investment. Attracting foreign investment should be given first priority as it would have a snowball effect (on the economy). More promotions of investments in the country should be done. Kho cited that some of his overseas customers had commented that property prices are not expensive in Malaysia. In comparison with other countries, properties here are cheap. With Greater Kuala Lumpur’s population of six million, its market is niche. He suggested that the Government has to be very clear on their policies for affordable housing. In addition to introducing policies for affordable housing, they should build and rent, as a transition for people who cannot afford properties (initially, to eventually own
It is very important for the property market to gain confidence now. The property market should be supported because its products would encourage foreigners to come to Malaysia.
Former Bank Negara Malaysia deputy governor Tan Sri Datuk Dr Lin See Yan.
them). He added that financing should be reasonable and lenient for first-time home purchasers. Although they may be new loan applicants, they are mostly young people with a brighter future. Citing that the valuation of properties is by reference to transacted property prices, there is a six-month difference in the period of reference. He suggested that the Government should look into the lapse period, as this will improve the kind of financing given to
property buyers, who will also be quoted current market prices. Former Bank Negara Malaysia deputy governor Tan Sri Datuk Dr Lin See Yan suggested that if the economy is slowing down, the Government could do a lot of spending on infrastructure in the short run to boost the national economy. With low interest rates, borrowings by the Government would be cheap, and pushing big ticket items like infrastructure would make sense. However, in the long run, in Malaysia’s case, economic growth can only be achieved through population growth
Malaysian Institute of Estate Agents (MIEA) president Erick Y.T.Kho.
and productivity. Lin suggested a change in the structure of the economy, opening up the services sector and improving the education system as some of the measures to improve productivity. The disparity of incomes of households makes a lot of difference and break the fundamental law of economics. It is important to consider how economic growth is disaggregated and distributed between the rich and the poor, with and without debt, and with and without wealth. Lin estimated that household wealth is roughly twice of household debt. When mortgages are included, household wealth is roughly three and a half times household debt. However, stating that half of the households in Malaysia earn less than RM5,000 a month, he suspects that a lot of their wealth are within the Employee Provident Fund (EPF), savings and not much cash. Therefore, the wealth debt ratios are more of concern at the lower levels. At this level of income, there aren’t many houses that they can buy. As there are pressures to improve living standards, borrowing for consumption, such as cars, will continue, running them into more debt.
feature
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
By CAITLYN NG LI YUIN
living09
liyuin@ocision.com
SMALL HOMES ARE
THE NEW BIG THING
Instead of being cramped and dull, compact homes now make for simpler living and can be full of character.
T
HE movement for living in small spaces is gaining popularity in many parts of the world, especially in countries where habitable land is scarce. With the human population increasing steadily each day (current estimation of Earth’s population is at seven billion), there are growing fears that soon there will be a shortage of terrain that is suitable for living upon. It therefore comes as no surprise that the public’s preference in the past for sprawling estates located on large plots of land, is now slowly but surely shifting to more compact homes. A most notable example of one such country where the people embrace this lifestyle is none other than our own neighbour, Singapore. Singapore is well-known as a global economic powerhouse, but did you know that it is also famous for its ‘shoebox apartments’? They are named as such because of the size of the units. There is no regulated minimum, but they tend to range from 100 sq ft to 500 sq ft, and can also be known as ‘Mickey Mouse’ apartments. Other well-developed cities around the world have also adopted similar housing arrangements, such as Hong Kong with its ‘cubicle homes’ and ‘cage homes’; Paris, which is not only the ‘City of Love’, but the city of tiny apartment units; as well as New York and Seattle, where space is a luxury and people are willing to live in cramped areas in order to remain in the heart of the city.
Developers are now faced with the challenge of creating homes that meet the needs of today’s modern society, functional homes that are built in a strategic location at an affordable price.
In Malaysia, we are still blessed with ample habitable land, but as anyone can attest, the heavily-populated urban areas are fast running out of space. While we do not need to resort to cramped uncomfortable homes, there is a rising interest in smaller-sized living quarters due to the convenience in its upkeep. Developers are now faced with the challenge of creating homes that meet the needs of today’s modern society, functional homes that are built in a strategic location at an affordable price. The answer to this is to encourage people to live large in small spaces. This sort of lifestyle change may be difficult for some to adapt to, but it promises a simpler living that is not only sustainable but happier and healthier. As it is, small units do not need to be cramped confined spaces with no character to them. This is where clever interior designing ideas come to the rescue, allowing home owners to add their personal flair and turn their compact homes into a wonderful colourfilled area! Nick Fong and Alex Lee, founders of Nu Infinity, are experts in making small spaces appear larger than they really are, through ingenious usage of colours, hidden storage spaces and cleverly placed accessories to create optical illusions. “While many people rightly believe that light colours have the ability to make it seem as though the walls are receding, they can also try to incorporate earthy tones into the palette as well if they feel that whites are too bland. Not only are
they soothing to the eyes, they outlast trends and can be easily matched to most things,” said Fong. “Instead of bulky shelves that take up too much floor space, there are alternative solutions you can turn to: storage shelves that are flush into the walls, handily integrated above-door shelves, and foldable window slats that double-up as clothing racks. Even by placing a large mirror on the wall in a room will give the impression of a much wider room,” added Lee. One example of compact units that is still big on space maximisation is Gamuda Land’s HighPark Suites, located in an enviable location at the heart of Petaling Jaya, Kelana Jaya. Units come in four types of built-up sizes with various layouts to choose from: 452 sq ft, 603 sq ft, 743 sq ft and 840 sq ft. Land scarcity in prime locations
and price escalation are key factors that influenced the developer’s decision to embark upon this project. “It has always been the company’s practice to allocate a sizeable percentage of the development to green landscaping. In line with HighPark Suites’ concept of healthy living in the city and taking into consideration the GBI’s requirements, we have provided more than five acres of greenery, inclusive of both horizontal and vertical landscaping,” said Gamuda Land chief operating officer Ngan Chee Meng. When one decides to eliminate excess and all the unnecessary things that cause stress, what’s eventually left is everything that’s good. The same principle can be applied for the homes of today, where people who choose to live a minimalist life allows them to value experiences and time with loved ones over the stuff that is stored in the house.
cover story
10 corporate
By LEE YAN LI
lylee@thestar.com.my
SENADA RESIDEN
SPEARHEADS
Alya Kuala Lumpur offers the best of both worlds.
1
I
N times when more and more urbanites are moving out to the suburbs, Senada Residences @ Jalan Bukit Kiara 1 presents an even more attractive option for those who desire the best of both worlds. Nestled amidst the lush foliage of Bukit Kiara, Senada Residences is one of the earliest launches of the newly-introduced Alya Kuala Lumpur, a master development plan which marks the major brand repositioning of Sime Darby Property Bhd’s KLGCC Resort. Living in the area meant one can be eight km away from Kuala Lumpur city center, which translates to approximately a ten-minute drive on a clear day with little traffic, and is still able to bask in a natural setting with extensive green areas and facilities. “As more people are moving further out to the outlier regions to pursue a larger living space or to escape the high density urban life, this is where Alya Kuala Lumpur offers its unique position,” said Sime Darby Brunsfield Holding Sdn Bhd (SDBH) chief executive officer Amir Salleh. “Alya and subsequently Senada are surrounded by expansive natural environment. Our TPC KL alone offers vast stretch of greenery, and we are talking about 360 acres of land when you add on Bukit Kiara forest reserve and Kelab Golf Perkhidmatan Awam Malaysia (KGPA), which together form a very large green lung at a very central part of the city,” he added. The new development zone of Alya Kuala Lumpur will comprise eight development parcels spanning across a total of 61 acres covering residential, commercial, retail and hospitality components. The development has an estimated total gross development value (GDV) of over RM8bil and is set to be completed in 10 years.
“It is true that there has been a lot of retail and office development in the market but Senada is endowed with unique advantages in its location, positioning, value proposition and branding. In terms of retail offerings, few other shopping centers would be able to match the environment and surroundings possessed by Senada,” added Amir. In fact, the location offers one of the most comprehensive road infrastructure with accessibility to Federal highway, DamansaraPuchong Highway (LDP), North Klang Valley Expressway (NKVE) and Sprint highway. “We are bordered with very mature and sought-after neighbourhoods such as Bukit Damansara, Mont Kiara, Bangsar, Taman Tun Dr. Ismail (TTDI), Sri Hartamas and Bukit Tunku, so we have this unique position in terms of location with very good infrastructure, ample facilities and 2 amenities,” said Amir. Residents as well as visitors will be able to enjoy shopping centers like KLGCC, park facilities, iconic center and tourism attractions. “Given the unique features that we have, it is our intention to create another international destination in Alya Kuala Lumpur,” said Amir.
Alya Kuala Lumpur as an alluring international Senada Residences: attraction A life of urban greenery Senada Residences, the latest launch of Alya Kuala Lumpur, will be developed by Sime Darby Brunsfield Resort Sdn Bhd, a company formed under the strategic partnership between Sime Darby Group and Brunsfield International Group. “It will be a 4.3-acre mixed development comprising two residential towers and an office tower completed with a 4½-storey retail lifestyle podium.
Senada Residences' target market includes a mix of owner occupiers and investors, especially those from the surrounding areas who are looking to upgrade or to stay in a resort-style development. The project is also expecting to attract foreigners and avid golfers who enjoy staying in Kuala Lumpur's most affluent neighborhood surrounded by two 18-hole golf courses bordering a forest reserve. The 245-acre Bukit Kiara public park serves as a haven for joggers, hikers, bikers and wildlife enthusiasts. “One of our key approaches is the
inclusiveness of the area. We understand Bukit Kiara is not only enjoyed by residents of the area, as there are people who purposely drive there to enjoy the natural surroundings and activities that are offered. “At the end of the day, Alya is not just a place for the local community, but also a haven that we would like to create for the population of Kuala Lumpur and Klang Valley, which also serves as a tourism destination.” said Amir, who is also heading the joint venture management team in Sime Darby Property. Part of the aspiration for Alya Kuala Lumpur is to become a must-see attraction for regional and international travelers. The vision for Alya is to contribute to the growth and development of Greater Kuala Lumpur to be the top 20 most livable global metropolis by 2020, as well as becoming one of the economic drivers under the Economic Transformation Programme (ETP). Amir placed huge confidence in Alya's potential as an international attraction as the overall development has already successfully hosted a number of international events including CIMB Classic, Sime Darby LPGA Malaysia and Maybank Malaysian Open. “We had also hosted BMW Malaysian WTA Open 2016 for the first time and we have more of these activities planned, though we don't
plan to restrict to golf or sports activities. Our plan is to enhance the area with cultural and entertainment events as well. “Alya Kuala Lumpur has garnered considerable attention among those who follow golf through CIMB Classic events for the past five years,” said Amir. While admitting the current market condition and the globalised business environment might make the development more attractive to international buyers, Amir believed Alya Kuala Lumpur presents a unique opportunity for local residents and the development will be able to drive quite a significant local interest.
Traffic congestion: A modern dilemma
Despite the issues of affordability and traffic congestion, Amir believed the strategic location and comprehensive offerings of the vicinity place Senada Residences at a most advantaged position. Traffic impact studies have been conducted as part of the development process, and the company vows to take necessary measures to mitigate Alya's impact on traffic in the area.
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
11
NCES
S VISION
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the ability to offer affordability is constrained. “Having said that, we do not shed our responsibility to provide affordable housing, as SDBH has development projects located in other areas that are tiered to meet this particular challenge in the market,” said Amir.
SDBH: A strategic partnership “Traffic congestion is a reality that everybody has to accept and embrace as a modern dilemma, but Alya Kuala Lumpur is better placed than most other areas because of its robust transport infrastructure, and with the government trying to move to improve the public transport infrastructure, it will help the situation,” said Amir. Besides the retail offerings of the development itself, Senada Residences will be surrounded by shopping destinations such as Plaza Damas, The Curve, One Utama, Ikea, Bangsar Village, 1 Mont Kiara Shopping Centre and Bangsar Shopping Centre. Nearby educational institutions include British International School, Garden International School, Australian International School, Help University and University of Malaya. Alya Kuala Lumpur will be the last development of its nature that can be find in this sort of location within Kuala Lumpur. “We have fantastic road infrastructure, upcoming rail infrastructure, as well as all the facilities and amenities that were developed over many years, along with all the mature neighbourhoods. “In this particular location, I believe many people will accept that Alya Kuala Lumpur is a sought-after location with high value, and hence
While SDBH will be focusing on Senada Residences in the master plan of Alya Kuala Lumpur this year, the company is planning to launch another parcel closer to TTDI entrance side with primarily residential units, complete with some commercial and retail components. The rest of the development parcels in Alya will subsequently comprise residential developments such as bungalows, condominiums, town houses, serviced apartments, as well as commercial, retail and hospitality components. Among the other high profile projects developed by SDBH are Kenny Hills Residence and Oasis Damansara Linear City – an integrated community development consisting of Oasis Square, Sime Darby Plantation, Oasis Corporate Park and Oasis Autoworld. “Oasis Damansara is the flagship project as well as the first major development that sees the collaboration between Sime Darby Property and Brunsfield, with Oasis Square being the first development parcel that was launched. “Oasis Square, Sime Darby Plantation and Kenny Hills Residence are currently completed, while Oasis Corporate Park and Oasis Autoworld are approaching completion. “While all our projects are important to us, Alya Kuala Lumpur represents a new master branding of Sime Darby Property. We have high aspirations for it as this development is a visionary plan to reach beyond the needs and wants of the community. Hence, it carries a special significance for us,” said Amir.
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Senada Residences: launching soon
1 Sime Darby Brunsfield will be launching Senada Residences soon. 2 Senada Residences offers a mixed development setting in the lush greenery of Asia's premier golf courses 3 Senada Residences' shaded cabana by the pool side. 4 Artist's impression of the drop-off point for retail and residence. 5 Artist's impression of Senada Residences' living room. 6 Sime Darby Brunsfield Holding Sdn Bhd chief executive officer Amir Salleh expresses the company's aspiration for the Senada Residences as part of the master planning of Alya Kuala Lumpur, Sime Darby Property's new master brand. 7 Senada Residences provides an optimal environment for residents to engage in social networking.
Senada Residences will be launched on this coming Saturday and Sunday (September 1011) at Alya Property Gallery, TPC Kuala Lumpur (formerly known as KLGCC). Its completion date is set in 2020. The leasehold development holds a commercial title that includes two towers with 429 units of residential serviced units. Tower A will consist of 259 units while Tower B will offer 170 units with built-up areas ranging from 700 sq ft to 1,900 sq ft. There will be 16 different unit layouts offering one, two and 3+1 bedrooms with choices of dual-key units. The price ranges from RM800,000 to RM2.1mil. The design concept of Senada Residences derived from its immediate and regional context as a direct extension of the golf course, highlighting the contrast between natural and man-made forms, while drawing inspiration from shelf mushrooms that grow on the trunks of the trees in Malaysian forests. The interplay of reflective and non-reflective glass to the facade simulate the reflections of water under the evening sunlight. This concept manifests as an elegant series of organically shaped undulating slabs of concrete draped with native hanging gardens at the balconies. Rising from the earth, the smooth glass crystalline towers are contrasted against the sky terraces and shade fins. “Senada Residences needs to be looked at the context of Greater Alya Kuala Lumpur. “In its Arabic origins, Alya means ‘sky, heaven and divinity’. It is a development that forgoes the business as usual approach, which transcends the mere measurement of density and square footage. It is an experiential journey for the country and for the city which offers something different from what has been seen in the past,” said Amir. For more information, visit www.brunsfield.com. 7
Name of Development: Senada Residences Type of Development: Mixed development comprising residential and commercial component Develope: Sime Darby Brunsfield Resort Sdn Bhd Location: Jalan Bukit Kiara 1 Land Area (Total): 4.3 Acres Accessibility: Via Jalan Bukit Kiara 1 and Sprint highway Total Number of Residential Serviced Suites: Total: 429 units Tower A: 259 units Tower B: 170 units Number of Blocks: 2 blocks (Block A and Block B) Number of Units Type and Size Range: Choice of 16 different unit layouts • Ranging from 700sq ft –1,900sq ft • 1, 2 & 3+1 Bedrooms (Dual Key Unit) • Minimum Price: RM 800,000 • Maximum Price: RM 2.1mil Completion Date: 2020
developments
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
12 township By NURUL ASMUI MD AZMI
asmui@ocision.com
HEALTHY ELEVATED LIVING IN HIGHPARK SUITES
Gamuda Land offers innovative concept of wellness park living within the first green high-rise building in Kelana Jaya. 1 HighPark Suites general manager Lim You Kuang (left) and Gamuda Land chief operating officer Ngan Chee Meng standing right next to the scale model of HighPark Suites. 2 The attractive living area of one of the 452 sq ft studio units. 3 Practical space maximisation in one of the 452 sq ft studio rooms. 4 Practical space maximization in one of the 603 sq ft dualkey units.
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USTAINABLE property development is increasingly viewed as one of the best ways to promote healthy living by incorporating green technologies and greenery elements. As the demand for green homes is rising, Gamuda Land is integrating just that into its HighPark Suites. Strategically situated in Kelana Jaya, the heart of Petaling Jaya, HighPark Suites is the first GBI-certified (Green Building Index) development in Kelana Jaya with a provisional certified Gold rating of 79. HighPark Suites is constructed on the three core strengths of Gamuda Land, which are excellent masterplanning, beautifully crafted environments as well as prime locations that are easily accessible. All these contribute to the creation of sustainable value. “We are, in fact, raising our own bar in the development of our upcoming projects. They will be very different from what you currently see in the market and will deliver good value to our customers,
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especially from an investment stand point” said Gamuda Land Chief Operating Officer, Ngan Chee Meng.
Freedom of choice Sprawled across a five-acre plot of land, the freehold development is separated into two phases. Phase 1 is the South Tower, whereas Phase 2 is the North Tower. Each tower comprises 512 residential units with 25 units per floor. Various layouts are available for discerning buyers to choose from. The studio offers six types of layouts at 452 sq ft built-up, the suites offers four different layouts with built-up of 603 sq ft, while duplex units come with the option of 743 sq ft or 840 sq ft. In addition to the 1,024 residential units, there are also 43 units of dedicated retail arcades at the heart of this ultra-modern and vibrant self-contained community. With the soothing sight of nature and flexible spaces, residents can enjoy a unique sense of rejuvenation within their own private settings.
Facilities within reach
Besides promoting a “Live, Work and Leisure” lifestyle in one ideal abode, ample facilities are also provided in HighPark Suites with plenty of amenities within the vicinity. The serene atmosphere at the approximately four-acre green podium is further enhanced by living fitness concept. The facilities include pedestrian walkway with cycling land, 1km jogging path, 50m Olympic length swimming pool, jacuzzi, aqua play, aqua gym, outdoor gym, reflexology path, putting green, children playground, pool lounge and multipurpose court. Other exclusive facilities are BBQ pit, herbs garden, vertical green wall, Sky Court, Sky Deck, Sky Pavilion and Roof Garden. Services that will be provided at HighPark suites include covered walkway and feeder service to Paradigm Mall and Kelana Jaya LRT station.
Prime location
Established in a matured neighbourhood of Petaling Jaya, HighPark Suites is accessible via four major highways, such as DamansaraPuchong Expressway (LDP), New Klang Valley Expressway (NKVE), SPRINT Expressway and Federal Highway. Some prominent areas that are less than 30km away from HighPark Suites include Damansara Utama, Subang Jaya, Bandar Sunway, Puchong and Kuala Lumpur City Centre. The amenities that are within the vicinity of HighPark Suites are shopping malls (Paradigm Mall, Tropicana City Mall, IKEA, The Curve and One Utama), medical centres (Kelana Medical Centre, Subang Jaya Medical Centre and Sunway Medical Centre), educational centres (Universiti Tun Abdul Razak (UNITAR), Lincoln University College, SMK Kelana Jaya and Nobel International School), and golf courses (Subang Golf Club, Tropicana Golf Club and Glenmaries Golf Club). Accessibility to public transportation is remarkably convenient as HighPark Suites is 2.5km to Kelana Jaya LRT station and 3.6km to Taman Bahagia LRT station. The PJ Citybus also stops in front of the HighPark Suites.
“HighPark Suites is constructed on the three core strengths of Gamuda Land, which are excellent masterplanning, beautifully crafted environments as well as prime locations that are easily accessible. Gamuda Land offers innovative concept of wellness park living within the first green high-rise building in Kelana Jaya.
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events
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
14 fairs By MAK KUM SHI
makks@thestar.com.my
REHDA INSTITUTE EMPOWERS
REAL ESTATE STAKEHOLDERS Events, research and education are key drivers for industry progress.
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HE empowerment of professionals and stakeholders is crucial for driving progress in the real estate industry. In Rehda Institute’s case, its three pillars on events and training, research and education, that are relevant to all stakeholders of the real estate industry, are intended to contribute to empowerment efforts. Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip shared the training and events that were organised previously were on ongoing issues related to the property market to address the needs of middle management personnel. The Rehda Institute 2016 CEO
By VIKNESH ASHLEY
vikneshashley@thestar.com.my
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TARPROPERTY.MY Fair 2016 that took place at the Nu Sentral Mall in Brickfields last month ended with a
blast. The property fair held at Kuala Lumpur’s central locale saw a vibrant mall welcoming enthusiastic future property buyers, despite the rather soft property market. The awe-inspiring event was held from Aug 15 until 21, at the ground floor level of the mall. The fair saw people from all walks of life as well as tourists, due to the strategic location of the mall with regards to connectivity as it is connected to KL Sentral station. Throughout the week-long property event, developers rolled out the red carpet for the big names of the property industry, including familiar names such as D’mayang Sari by Seri Pajam, D’aman Residences by Masteron and the Robertson by Gamuda Land.
Series was organised to present toplevel management, such as CEOs of very large public listed companies, another dimension to explore, instead of talking to their management team. Very experienced and qualified speakers were invited to give some insights. Reflecting on the full-house attendance of the seminar, Ng said that the quantity and quality of attendees were equally important. “We really hope to get more senior management participation, not necessarily just developers, but also senior members of banks and construction companies. “We want to open up to more
stakeholders involved in the real estate market as a whole. If we continue this high standard of sharing new ideas, it will become a very sustainable avenue and keep Rehda Institute relevant,” Ng said. In the case of research, Rehda Institute is building its team to perform deeper research on new areas that are relevant to past and current issues impacting the industry. Examples include inequitable legal outcomes concerning land matters and practical issues related to the implementation of Strata Management Act 2013. Identified issues are debated at Rehda Malaysia and then conveyed to various
ministers, ministries and local authorities. Education also plays a role in the development of the industry. Rehda Institute is collaborating with a tertiary educational institution to establish an executive programme to certify professionals and help them to become all-rounded for property development businesses. Once professionals have been trained in Rehda Institute’s programme, they would gain all-rounded understanding of issues such as land matters, obtaining approvals from various ministries and local authorities, financing, sales and marketing, and project and property management.
Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip.
PROPERTY BUYERS STILL HOPEFUL
The recent Starproperty.my Fair 2016 held at Nu Sentral, Brickfields suggested vibrancy in the Malaysian property scene.
Other properties showcased at the vibrant fair included Lakeville Residences by Mah Sing Group, Cheria Residences by Tropicana Corporation Bhd, as well as the Colony by Singapore-based real estate developer Macly Group. Aside from the Klang Valley’s select properties showcased at the Nu Sentral fair, the premium partners of StarProperty.my also presented Wisteria by IJM Land and EkoTitiwangsa by Ekovest Bhd. Fair visitors Stella and Philip who lived close to the mall said that the fair was equipped with the best discounts and rebates, while the properties presented at the recent fair enjoyed strategic locations. They also mentioned that security is an extremely important
factor when looking for a home due to their pleasant experience living in a high-rise development that enjoys basic security features. This time around, the property fair was held with a different as it did not only pose as an avenue to feature the best offerings of the Malaysian property market, but also focused on increasing awareness upon mother nature as well as introducing creative education for children. To spread eco-awareness, the Free Tree Society gave out a total of 400 plants, to fair visitors throughout the fair period. During weekdays, the Free Tree Society gave out 50 plants a day while over the weekend, 70 plants were given out each day.
To cultivate creative education among children, Creative Robotics Education also known as CR8, was present at the fair holding demos of how children can create innovative robots as well as competitions for children to take part in. The booth was a hit amongst youngsters who followed their parents to the property fair. CR8 also held a competition that saw two innovative youngsters Lucas Thomas and Hakim Hay hailing from different parts of the Klang Valley, taking part as well as emerging as winners. The children were aged 10 and 12 respectively. The children who were pleased with their creations as well as their achievements said that they like
building simple robots merely to play with. The kids weren’t aware that what they were doing during their leisure time could land them trophies, adding that they won the competition due to their experience playing with Lego bricks at home. Sweet-toothed fair visitors were also treated to caramelrich popcorn by service provider application ServisHero that gave out free popcorn to fair visitors upon downloading their app, while free balloons were also given out by the company to the little ones. For more information on the Nu Sentral Fair as well as other upcoming fair events, log on to http://fair.starproperty.my/.
feature
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
community15
BUILDING COMMUNITIES
THROUGH HEALTHCARE
Special Token
Community engagement in health and self-care programmes by healthcare institutions can help increase health awareness.
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EALTHCARE is defined as the prevention or necessary treatment procedures through a healthcare system by healthcare workers such as doctors, dentists or psychologists to improve and maintain a person’s physical and mental health. According to the World Health Organization (WHO), a good health system delivers quality services to all people, when and where they need them. The exact configuration of services varies from country to country, but in all cases they require a robust financing mechanism; a well-trained and adequately paid workforce; reliable information on which to base decisions and policies; well-maintained facilities and logistics to deliver quality medicines and technologies. Medical centres are known for treating illnesses, but they are no longer just a place for patients to seek medical attentions. Several health institutions, including private hospitals, have developed unique approaches and programmes to create a more harmonised and effective community health system.
How healthcare institutions can help
Healthcare institutions play an important role in bringing the community together and educating them about health and well-being. They can do so by coordinating
and facilitating with other community organisations to organise communityoriented activities that promote health awareness. Several township developments have incorporated medical centres into their masterplans to provide a wide range of healthcare services for their community. One of the best examples is the Sunway Medical Centre in Bandar Sunway, Petaling Jaya. Developed by Sunway Group, Sunway Medical Centre is an Australian Council on Healthcare Standards (ACHS)accredited private hospital that offers health and wellness programmes in addition to the facilities and advanced medical technologies for outpatient and inpatient specialty care and 24-hour emergency services. Through Sunway Medical Centre, Sunway Group has proactively sought to nourish healthy living within the community by educating them on the importance of healthcare. The medical centre holds various public forums and symposia, health campaigns as well as regular free health workshops and screenings. Some of the community events that were held by Sunway Medical Centre in the past few months include a public forum for World Breastfeeding Week 2016, Sunway GP symposium on “Foresight in Ophthalmology”, a health talk on family routines and play, and a “Quit Smoking” campaign. Sunway Medical Centre is also the first hospital in Malaysia to perform Deep Brain Stimulation for patients with Parkinson’s disease and the first private
teaching hospital here to commence the Cochlear Implant programme for patient with profound hearing loss. Sime Darby Medical Centre ParkCity in Desa Park City is another great example of where healthcare institutions work closely together to improve the health and lives of everyone in the community, not just the patients. Besides the latest medical and information technologies, the third fullfledged hospital under Sime Darby Healthcare Group also offers a range of events to its patients and visitors. ParkCity Medical Centre has hosted numerous events, such as Mega March Carnival 2016, that include various activities like “Jazzercise”, a family day for dialysis patients and families in conjunction with the World Kidney Day, a health talk by doctors on an essential medical topic, a health talk by dietitian and free basic screening; Kidszathon (A walk in the Park), which is a parent’s and kids walkathon; and a recently concluded Breast Feeding Awareness programme that exhibited a mini expo on mummy and baby’s essentials and a public forum.
The importance of community participation
WHO calls the partnership and participation between healthcare providers and a community as the “community involvement in health”. This partnership is crucial as health professionals are the facilitators that
Healthcare institutions play an important role in bringing the community together and educating them about health and well-being.
generate healthcare strategies, which can produce effective community health. Community involvement in health basically means that communities take responsibility for their own health through innovative community programmes and partnerships, including services and promotion that can help communities to stay safe and healthy while improving the overall well-being. Communities should take part in any health-related events hosted by healthcare institutions nearby and get involved in community benefits activities to improve their overall health awareness, well-being and health knowledge.
developments
16 township
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
THE PRESENT MATTERS
By EDITOR OF STARPROPERTY.MY editor@starproperty.my
55 VS OFFERS NEW YORK STYLE LOFT LIVING IN SW1 V
ICTORIA, in the heart of the highly prestigious SW1 postcode, is undergoing a renaissance as part of a £4billion regeneration scheme, making it one of the most in demand addresses in Central London. The area has always had a strong association with politics and royalty with Buckingham Palace and the Houses of Parliament being located there. Now, however, 55VS is helping to rewrite its story, combining its history with its rebirth as the ultimate Central London address. Conceptualised by Alchemi Group in collaboration with multi-awardwinning architects Stiff + Trevillion Architects, and with interiors by Studio L, London, 55VS offers spacious, New York loft style apartments in the heart of Central London. The development which fronts onto Victoria Street effortlessly combines the look of a boutique hotel with industrial contemporary design. As part of the design inspiration, 55VS has a strong emphasis on quality materials with character and texture, that when layered together give a sense of authenticity and subtle drama to create a timeless, modern classic. 55VS comprises a collection of 57 spacious one, two, three and four bedroom apartments and penthouses, up to 3,100 sq. ft in size. Just 18 of the 57 apartments remain available, with many benefitting from their own private terraces or balconies, providing stunning views across surrounding iconic London landmarks. Style sits at the very heart of 55VS evoking the industrial, contemporary style of Manhattan loft apartments as seen from the dramatic seven metre ceiling heights in the reception to the Sky Garden located on the eighth floor. Spaciously designed, each of the apartments at 55VS has been created to redefine the meaning of generously proportioned living spaces. Featuring dramatic 2.9 metre ceiling heights, 5 metre wide floor to ceiling windows and generous open plan living spaces, the apartments offer the ultimate in cutting edge design and superior finishes rarely seen in Central London. Laura Marino, Creative Director at Alchemi Group, said: “The intention was to introduce a subtle New York character to the spaces by using materials and palettes that have a timeless appeal because of their quality and character, and yet are intrinsically modern.” “We also wanted to offer buyers something slightly different to what they’d see in a typical development. So we kept the proportions and apartment sizes typical of converted, industrial Manhattan loft apartments, focusing on clean lines, and used materials that have luxurious warmth to them as well
“Victoria has always been one of London’s most important and wellconnected transport hubs offering unrivalled transport connections. As part of the regeneration, Victoria Station is due to have a £700 million makeover, completing in 2018.
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as a slight edge.” The result of this is a development that is unique in every sense. Danish charcoal-fired brick cladding, beautiful bronzed balustrades and handcrafted terracotta glazed tiles juxtapose with high end marbles and dark timber flooring. Combined they set off the subtly dramatic, open plan loft spaces which are flooded with light. Another striking element of 55VS is the availability of outdoor space for the residents. Whilst most apartments benefit from private balconies and terraces, it is the provision of two additional communal alfresco spaces that really give 55VS a unique advantage over other developments in the area. The communal Sky Garden on the 8th floor provides outstanding views from Battersea Power Station to Southwark Cathedral; serving to create a Manhattan roof top experience with the impressive London skyline forming the backdrop and the buzzing metropolis below. The complete lifestyle 55VS offers also extends to a number of exclusive residents only services. These include a 24-hour concierge, located within the double height lobby, to cater to residents every need alongside an impressive gymnasium on the ground floor, which overlooks the beautiful courtyard garden. Whilst private car parking spaces are available, all residents benefit from a 10-year Zipcar membership for extra convenience when in the city.
Location wise 55VS is hard to beat and is an integral part of the area’s £4bn regeneration. Victoria’s new status is also attracting some of the world’s most prestigious luxury goods and fashion brands to the area including international auction house, Phillips de Pury, Marc Newson, Tom Ford, Jimmy Choo, Burberry and Dolce & Gabbana. The area has also seen a new wave of businesses moving to Victoria, including global blue chip such as Microsoft, American Express and E.ON. The area is said to see rapid growth over the next decade, including the redevelopment of New Scotland Yard cementing SW1’s status as a new Prime Central London residential location. With the development of Victoria Food Quarter, the area is also set to become a gastronomic heartland with a spate of leading restaurants and bars opening, including Michelin-star chef Jason Atherton who is due to open his eagerly anticipated NOVA restaurant in 2017. London’s famous green parks are all close to 55VS including Green Park, St. James’ Park and the most impressive of all Hyde Park, a true oasis in the heart of the city, offering over 350 acres of parkland to cycle, horse-ride or simply relax in. The illustrious Mayfair and St. James’ neighbourhoods are close by whilst Sloane Square and Knightsbridge are also a short stroll away, perfect for shopping, dining and entertainment. Victoria has always been one of
1 55VS exterior. 2 Living space.
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London’s famous green parks are all close to 55VS including Green Park, St. James’ Park and the most impressive of all Hyde Park, a true oasis in the heart of the city, offering over 350 acres of parkland to cycle, horse-ride or simply relax in.
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London’s most important and wellconnected transport hubs offering unrivalled transport connections. As part of the regeneration, Victoria Station is due to have a £700 million makeover, completing in 2018. With three underground lines (Victoria, Circle and District) as well local and national overground services, including high speed links to London Gatwick airport, the West End is accessible in less than five minutes journey time and Canary Wharf in 18 minutes via London Underground services. For those that need to travel regularly, 55VS is perfectly located for Gatwick Airport, City Airport and Heathrow, in less than 40 minutes from Victoria. The addition of the 24 hour London Underground means Victoria can truly be a city that never sleeps. Apartments at 55VS are priced from £1,000,000 and available to for immediate occupation. For more information please contact Alchemi Group on 020 7499 3881 Email: sales@alchemigroup.com Webtie: www.55vs.co.uk/
developments
STARPROPERTY.MY WEDNESDAY 07 SEPTEMBER 2016
18 township By CAITLYN NG LI YUIN
liyuin@ocision.com
A HOME IN MALAYSIA’S PREMIER WETLANDS
The allure of Putrajaya Wetlands will now be within reach of those who choose to make their home in Precinct 12, the latest gem from Putrajaya Holdings.
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UTRAJAYA was once a marshland and former oil palm estate, but looking at it now, you would scarcely believe that it used to be an underdeveloped area. With a masterplan to be a green and intelligent city, it was incorporated in 1995 with the concept of 'A Garden City, An Intelligent City'. Now, the area with a landmass of 11,320 acres is the Federal Administrative Capital, and the largest urban development project in Malaysia. The prime lands are meticulously planned and designed, while keeping in mind the preservation of the environment, with approximately 38% of the area reserved for green spaces. The wide array of developments in Putrajaya offers potential homebuyers an innovative and prestigious lifestyle with various amenities and facilities within easy reach. One such development is Precinct 12, a beautifully landscaped eco-jewel located within a resort environment. Home to exclusive resort-like residences, the Precinct 12 area is surrounded by luscious greenery in addition to enjoying a location nearby the 494-acre Putrajaya Wetlands, the first man-made wetlands in Malaysia and one of the largest in the tropics. "Currently, we have eight residential and commercial projects in various stages of development in the area. “Some of our products are St Andrews, Cypress Point and Pebble Beach semi-detached residences, as well as Pine Valley, Turnberry and Muirfield terraced residences. There is also the Pinehurst commercial shop offices in the works. "All of these properties will incorporate green features while simultaneously offering its owners a unique opportunity to be close to a verdant habitat and enjoy a truly green lifestyle," said Putrajaya Holdings Sdn Bhd CEO Datuk Azlan bin Abdul Karim. The residences encompass a host of green design features integrated into eco-friendly architecture, including solar panel water heating systems, overhanging roofs, large windows for natural lighting and air ventilation, as well as rainwater harvesting systems. Pine Valley, two-storey terraced homes, which have seen a successful sell-out within a week. Turnberry, another popular project which are also two-storey terrace homes, come in a built-up ranging from 2,062 sq to 2,980 sq ft. There are a total of 102 units, with each one having four bedrooms and three bathrooms. Priced from RM888,000, these landed homes are
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1 1 Artist's impression of Augusta's modern and classy facade. 2 An inside look at the contemporary chic interior of one of the semi-detached garden homes, bathed in natural light. 3 Precinct 12 is located near to the Putrajaya Wetlands, a lush wonderland that is home to various flora and fauna.
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proving to be popular with a 90% takeup rate, as they are priced comfortably under the RM1mil mark. The latest addition to Precinct 12 is Augusta. These are luxurious semi-detached garden homes given a contemporary twist, culminating in a stylish structure designed with plenty of room for discerning homebuyers who want to blend live, work and play elements under one roof. This phase will soon be completed, and that is when the developer will be launching it. There will be a promotion of 10% rebate, 3% off initial payment and 10% Bumi discount available with special package awaits. Embark on a life of unsurpassed comfort and prestige at this project, where each home comes with its private lap pool with wave feature. Each 2.5-storey residence comes with a built-up area of 4,291 to 4,794 sq ft, sited on plots of land that range from 3,207 sq ft to 6,496 sq ft in size. There are also thoughtful additions to each of the 31 homes that add to the comfort of its inhabitants, such as a private lift, a wide car porch that can accommodate three cars, and a generously spacious layout to facilitate natural air ventilation. High ceilings with 10-foot high glazed windows and sliding
doors allow for sunlight to stream in, bathing the interiors with a warm glow. The Putrajaya Wetlands fringing Precinct 12 possesses a dynamic biodiversity, becoming a major attraction as a thriving wildlife sanctuary. The Wetlands straddles the waterways of Sungai Chua, Sungai Bisa and three other tributaries, an exceptional example of sustainable development in action. The entire Precinct 12 area is surrounded by world-class infrastructure. There are well-maintained road and rail linkages to national highways and expressways, in addition to being well-linked to the Intercity Transport System with seven entry and exit points. Residents and visitors will also have ease of access via the Intracity Transport System consisting of trains, buses and private vehicles. To learn more about one of Malaysia's best integrated cities, there will be a forum on September 24 at the Pullman Putrajaya Lakeside. Covering a range of topics from OPR and BLR to the growth and development of Putrajaya, there will be plenty of information for the public to take home. Three speakers, professionals in their respective fields, will be covering the talks. Dr Choong Kwai Fatt will be speaking on the impact of OPR and BLR
on the property market; Leo Chong will be speaking on how the public can leverage his/her profile in a mortgage; Ishmael Ho will be speaking on the growth and development of Putrajaya by taking a look at the then and now. In addition to the informative talks, there will also be a bus tour after the forum, which will take interested participants on an expedition around the area to see the infrastructure and amenities, which includes the acclaimed Putrajaya Wetlands. Putrajaya Holdings is currently having a 'PJ Homes Advantage' sales package, where some of the benefits offered include no stamp duty on transfer (MOT) as well as no legal fees and stamp duty for SPA.
Pine Valley, two-storey homes, have seen a successful sell-out within a week and Turnberry, which are also twostorey terrace homes, are proving to be popular with a 90% takeup rate .
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RE ngle tea b h! er unc Mi
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HOW DOES REDUCTION IN OPR AFFECT MALAYSIA PROPERTIES?
Revealing Malaysia’s Greenest and Best Integrated City Date: 24th September 2016 (Saturday) l Time: 9.30am-4.00pm Venue: Pullman Putrajaya Lakeside
How Does Bank Negara OPR Reduction affect Malaysia Property Market DR CHOONG KWAI FATT Advocate & Solicitor, Tax and GST Consultant
Growth and Development of Putrajaya; Now and Then ISMAEL HO
CEO, Ho Chin Soon Research
How can Mass Market Leverage your Profile in Mortgage? LEO CHONG
Head of Business Development, Loanstreet Sdn Bhd
Register now at starproperty.my/forum Tea breaks & Lunch will be served.
Organised by: Sponsored by: