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Official Newspaper
After SPM, Where Do I Go?
The Iskandarian is a public-private collaborative product of IMSF Roundtable by IRDA’s Social Development Dept.
Fresh after SPM and have no idea on what direction to take? Read on to see your options »pg 19
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email: admin@theiskandarian.com
The Iskandarian Monthly Drill
We get in touch with CEOs and Chairmen of organisations and drill them with questions »pg 9 website/download : www.theiskandarian.com
#SaySomethingNice Campaign
Highlight: Dubbed as an innitiative to heal the nation, the #SaySomethingNice Campaign will commence on the 31st of August until the 16th of September By Maisarah & Zarakay
newsdesk@theiskandarian.com
M
aking a difference in uncertain times is Zubedy (M) Sdn Bhd who introduced a nationwide #SaySomethingNice Campaign. Zubedy introduced partners and supporters of the campaign at a media conference held at the Iskandar Malaysia Information Centre (IMIC) in Danga Bay. The campaign which began in 2011, seeks to use the 17-day time frame between 31st August until 16th September as a time of truce and to showcase Malaysia in a positive light. Iskandar Regional Development Authority (IRDA) and Yayasan 1Malaysia
together with The Iskandarian are among the organisations that choose to lend their support to this cause by Johor Bahru Member of Parliment Tan Sri Sharir Abdul Samad and IRDA’s partnering with Zubedy. Iskandar Investment Federal Commissioner Datuk Benjamin Hasbie inking the first poster. Berhad (IIB) and CatchPower, a local SME, have joined the noble cause by sponsoring the #SaySomethingNice Campaign posters. Officiating the campaign was Y.B Tan Sri Sharir Abdul Samad, Johor Bahru Member of Parliament, who said “there is so much negativity these days that I believe we all could use with some positive reinforcement to say and do nice things to one another.” Anas Zubedy, Tan Sri Sharir Abdul Samad, Datuk Benjamin Hasbie and >>Continued on page 11 Raflly Nann officiating the #SaySomethingNice Campaign
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INSIDE
10th JB Arts Festival: commencing on the 6th of September 2013 >>PAGE 6
>>PAGE 3
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Warisan Johor treats at Thistle Pickup points The Iskandarian
INFORMATION COUNTERS: • Senai Airport • Columbia Asia Hospital • Regency Specialist Hospital • KFCH • Raffles University Iskandar OFFICE LOBBIES: • City Plaza Tower • Menara Pelangi • Bangunan Pelangi • UDA Angsana Sdn. Bhd. • Menara Landmark • Leisure Farm • KCC The Senai Garden • JBCCCI • IMCCCI • Iskandar Regional Development Authority (IRDA) • Iskandar Investment Bhd (IIB) • Iskandar Waterfront (iwh) EATERIES (F&B): • Annalakshmi • 8Lido • Tutti Frutti • BierHaus HOTELS: • Renaissance Johor Bahru Hotel • Thistle Johor Bahru Hotel • The ZON Regency Hotel • Hotel Granada • Traders Hotel • Pariss Hotel Many other participating hotels Gated & Guarded Communities and Others:
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histle Johor Bahru treated one hundred students from Sekolah Kebangsaan Pendidikan Khas Princess Elizabeth, Johor Bahru and members from the Malaysian Red Crescent (MRC) to a ‘Warisan Johor’ Iftar in its Orchid Ballroom. About 450 guests from the corporate and government sectors, long staying guests and hotel partners also attended the Iftar. The guests savoured 150 Warisan Johor dishes prepared by the team of chefs led by Executive Chef Imran Hamid. They enjoyed a wide variety of local delicacies and dishes including an assortment of ice cream flavours and fresh creamy D24 durians. “Tonight is special to us as we are one family, which means a lot to us. I would like to thank everyone here for your continuous support and we look forward to many more get-togethers such as this. Let us make this occasion a memorable one for the less fortunate people and for those who are in need,” said Edward Kollmer, the hotel’s general manager in his welcome speech. Guests were also entertained by ghazal and zapin performances and a special qasida performance by the students of Sekolah Kebangsaan Pendidikan Khas Princess
Thistle Johor Bahru General Manager Edward Kollmer and Director of Marcom and PR M.S. Bobby with members of Malaysian Red Crescent (MRC) Elizabeth Johor Bahru. The night ended with Edward Kollmer presenting Raya goodies to the students and teachers of Sekolah Kebangsaan Pendidikan Khas Princess Elizabeth Johor Bahru and members of the Red Crescent. Among those who attended the Iftar were Chong Ah Ng, Chairman of Malaysian Red Crescent Society Johor Bahru; Chris Palmer, Director of Operations of LEGOLAND Malaysia; Thila Munusamy, Director of Sales & Marketing of LEGOLAND MALAYSIA; Nor
Azah Arif, Regional Sales Manager of Maybank Johor and Melaka Branch; Lekha Nandey of Malaysian Red Crescent; and Mohd Fareez Bin Abdul Rashid of Langsat Terminal One. Also present to entertain the guests were Freddie Coleman, Director of Operations; M.S. Bobby, Director of Public Relations & Marketing Communications; Rohani Mohamed, Director of Sales; Mageswary Supramaniam, Sales Manager; Abdul Rahim Kahar, Food & Beverage Manager and Salamon Bin Muzafa Das, Marketing Communications Executive.
HIGHLIGHTS
O ur P artners
TOURISM CENTRES: • Johor Tourist Information Centre @ JOTIC • Kiosk Pelancongan MBJB @ Jln Tun Sri Lanang • Tourism Malaysia Tourist Information Centre @ JB CIQ COMPLEX & JB SENTRAL
Community: 150 Warisan Johor dishes prepared for one hundred special students
• Taman Molek Zone 3, • Tmn Impian Emas Jln 60-70 • Yong Ming Motors (Tampoi) SINGAPORE: • Tourism Malaysia • Raffles Also available for pick-up at Selected Taxis & Busses And at various Associations Want to become a distribution point? Email us today at: admin@theiskandarian.com
Head of Yayasan Mutiara Sayang and Executive Chairman of Mutiara Motors, Datuk Hj. Ahmad bin Kemin handing out goodies to underprivilaged children for Raya.
Hotlines Johor Police HQ 07-221 2999 / 07-225 4499
JB North Police IPD 07-556 3122
Ministry of Tourism (Johor) 07-223 3171
Tourism Malaysia Johor 07-222 3590 / 91
Immigration 07-224 4233
JB South Police IPD 07-2218 999
Nusajaya Police IPD 07-511 4222
Tourism Malaysia Hotline 1300 88 5050
Johor Tourism 07-223 4935 / 224 9960
Senai International Airport 07-599 4500
Iskandar Regional Development Authority (IRDA) 07-233 3000
Please recycle this newspaper after reading. Thank you Published by True Soul Entertainment [14, Jln. Selasih 10, Taman Kemas, 81200, Johor Bahru] Printed by Percetakan Gemilang Sinar/Gan Seng Printing(M) Sdn.Bhd. [No.100, Jalan Tampoi, 81200, Johor Bahru] Copyright of articles, contributions and photos which are published by The Iskandarian is the property of True Soul Entertainment. The Iskandarian does its best to ensure the authenticity and accuracy of its contents, the publisher cannot accept any responsibilities for errors, mistakes and inaccuracies. The publisher reserves the rights of this product and no part of this publication may be reproduced in any form or by any means without the permission of the publisher.
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The Iskandarian
Do’s & Don’ts With Iskandar Malaysia aspiring to reach greater heights, The Iskandarian citizens are key players in helping Iskandar Malaysia reach greater heights, and can do so by first making the change within ourselves. A first class mentality has to be instilled where we accept nothing less than top notch performance in all things. To prepare ourselves for that, here is a quick recommended guideline on the Do’s and Don’ts. This will be a monthly column to showcase the good, the bad and the ugly of fellow Iskandarians.
YOUTH’S PERSPECTIVE ON
Iskandar Malaysia
The Iskandarian speaks to everyday teens to derive their suggestions and opinions about Iskandar Malaysia. The Iskandarian also invites all youths to share your thoughts with us via email at: newsdesk@theiskandarian.com What kind of entertainment do you prefer? Travelling with my family to the various theme parks that have mushroomed in Johor Bahru! What kind of family holiday destination do you usually look forward to? I usually like heading to the Wet World located at Batu Pahat, Johor. LEGOLAND Malaysia in Iskandar Malaysia is the first LEGOLAND in Asia. As a consumer and member of the public, what are your feelings about this? I’m very proud because more people will come here to get some enjoyment and it will boost Johor Tourism as a result.
Blatant Disregard - Trash strewn alongside Jalan Skudai -Submitted by Jonathan Joseph (Nusa Idaman)
Snap your thoughts and send in pictures to our Do’s & Don’ts segment today: newsdesk@theiskandarian.com
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What other kinds of leisure projects and developments would you like to see in future? So far, the developments that are happening are good but I’d like to see more around the city centre area or some leisure activities aimed at the youth inside the City Square shopping mall. What does it mean for the youth in Iskandar Malaysia to see so many leisure and tourism products coming up? This means a lot to us, because as teenagers we
can now spend some quality time at these places just for fun with our friends or family and I feel Legoland for example stimulates the mind. After all, most of us did grow up playing with Lego bricks when we were young and it’s great to relive those moments in a bigger and better way. How do you see Johor before and now (with the development of Iskandar Malaysia)? I’m very impressed especially after seeing some of the development in Sg. Segget area which has the potential of changing its past status of being dirty and notorious. It will be even better when it becomes the likes of Venice as mooted during the last JB Transformation. As a youth, how do you see yourself contributing to the growth of the leisure and tourism sector in Iskandar Malaysia? Teenagers nowadays like changes which includes them and with all the latest tourist attractions in JB, we are contributing economically when we visit these places. Besides that, it will be nice if we are included in decision making sessions – perhaps there could be an annual forum to seek youths’ perspective on development.
Muhammad Ruzaimi Bin Kasim Age:18
Chellam is an everyday Joe encountering the trials and tribulations of everyday folks. Chellam’s encounters aren’t merely for comic relief but more to instigate mindset change. Email us if you have any suggestions: newsdesk@theiskandarian.com
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Our Sultan Speaks Out
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Community: Sultan Ibrahim ibni Almarhum Sultan Iskandar wants the state government to review all the existing privatisation projects with investors to ensure that Johorians will benefit from the development projects By Maisarah & Nicholas Vincent newsdesk@theiskandarian.com
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he Sultan said although Johor attracted a lot of domestic and foreign investors, the locals faced hardship due to the rising cost of living and increase in property prices, which had taken homes beyond the reach of many Johorians hence he wants the state government to review all the existing privatisation projects especially in the Iskandar Malaysia and Pengerang areas. The Sultan also asked property developers to be more reasonable and not just focus on making profits by setting high property prices aimed at attracting only foreign buyers. “They must not be too greedy and should play their part by building affordable residential properties for locals,” he said, adding that the state government should also identify proper housing for squatters in the state. “Once they (squatter residents) move out of the settlements, action should be taken to clean up and develop the areas. Most of the squatter settlements are filthy and unsafe and I do
not want to see my subjects living in such bad condition.” “Not all squatter residents are hardcore poor as some of them can even
afford to buy cars. They are just taking advantage of the state government’s soft approach on the matter,” he said. Sultan Ibrahim also reminded
Johorians of all religions to live harmoniously and practise their religious obligations without inciting sensitive issues.
IRDA’s Hari Raya Open House : (from left) IRDA’s Chief Executive Datuk Ismail Ibrahim and Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin at IRDA’s Hari Raya Open House at Thistle Johor Bahru pic by: Zarakay
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10th JB Arts Festival is finally here!
Community: The 10th JB Arts Festival 2013 livens up the city this September with exciting and eclectic programmes By Maisarah & Zarakay newsdesk@theiskandarian.com
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he month-long festival will run from September 6 to October 5, and will feature more than 70 live performances, eight interactive workshops, three competitive events and many more activities. The Festival village will once again be located on the grounds of the iconic Bangunan Sultan Ibrahim on Bukit Timbalan but performances this year will also be spread out to Danga Bay and Eight Lido. This year’s Festival is jointly organised by the Johor Society for the Performing Arts (JSPA), the Iskandar Regional Development Authority (IRDA) and the Office of the Member of Parliament for Johor Bahru. Additionally, Iskandar Investment Berhad (IIB) has organised the inaugural ISKARNIVAL, a 3-month event starting in September until December 2013, to showcase the best of Iskandar Malaysia’s cultural offerings. The JB Arts Festival has been invited to come under the umbrella of ISKARNIVAL and details are still being worked out. All these initiatives add value to Johor Bahru’s lifestyle and growth as a matured and happening capital city. JB Arts Festival patron and advisor
Live The Arts
Tan Sri Dato Shahrir bin Abdul Samad said that it was truly an achievement for the Festival to have come ten years. “We have come a long way since the first Festival in 2004, and I am proud to say that this year’s Festival is definitely the biggest one yet,” he said, adding that the JB Arts Festival is the longest-running arts festival in Malaysia which encompasses all disciplines of performing arts – music, dance, theatre, comedy, film and visual arts. He announced that this year’s Festival would feature an exhibition of original art pieces and paintings by D.Y.M.M. Tuanku Raja Zarith Sofiah binti Almarhum Sultan Idris Shah, along with several other local Johor artists and sculptors. International elements at this edition of the Festival include Canadian music duo Moscowfish, Tud Nakhon, a Southern Thai music icon, 20 year old DJ from Switzerland Kenny Active, remix, a crossover strings ensemble and jazz outfit, The Joy Tang Quintet from Singapore, and also Singaporean comedian Hossan Leong, who will be performing in a double bill with the Malaysian Association of Chinese Comedians (MACC). The 10th JB Arts Festival 2013 has been made possible through the generosity of sponsors, which include UMLand, Iskandar
Representatives from UMLand present a mock cheque to Johor Society for the Performing Arts Founder Yap Siong Cheng (fourth from right) alongside Tan Sri Sharir Abdul Samad and Datuk Ismail Ibrahim Investment Berhad, UEM Sunrise Berhad, Yayasan Sime Darby, Astro and the State Government of Johor. For more information on the
performances and events, please contact 019713 9900, or visit the JB Arts Festival website at www.jbartsfest.com and JB Arts Festival Facebook page.
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The Iskandarian Monthly Drill
The Iskandarian aspires to be the voice of the rakyat and with that in mind, our Editor has designated this column to be a monthly feature where we get in touch with CEOs and Chairmen of organisations and drill them with questions that is in the mind of our readers. If you have anyone in mind or would like us to pose a particular question, feel free to drop us an email: admin@theiskandarian.com. Login to www.facebook.com/TheIskandarian to find out who will be on the next Drill board. Joining the Drill this month is Chief Marketing Officer Mr Marco De Souza from The Iskandarian
Tell us the role that you play in The Iskandarian? As the Chief Marketing Officer of the first local publication to operate on a social enterprise model, my immediate task is to lead my dedicated team in coming up with innovative social marketing projects that will not only open up markets for ourselves and collaborative partners, but to create a positive impact on the society as well.
The Iskandarian claims to be a catalytic tool for mindset change, has it been successful thus far? We have our regular Do’s & Don’ts section in educating the rakyat on what to do and what not to do in achieving a first class mentality to complement our future status of a regional metropolis. Besides that, we have our columnists touching on topics ranging from investment, work ethics, sustainability, education and so on. All these are aimed at preparing ourselves for a productive, livable and cultured environment. Rome wasn’t built in a day. Change will come about slowly if we keep drumming the right messages into our readers. But based on the overwhelming response from readers and requests by writers to have their two cents’ worth published in our paper, I would say we are doing pretty well on this front.
What are the major changes that you would like to see in the business community in Iskandar Malaysia as a whole in terms of professional conduct? Corporate manners is found wanting among our business community. Even the big guns which have been around for some time don’t practise that adequately. They should be the ones leading by example and passing it down the line for a more conducive business environment that fits for a regional business hub. Not replying to emails or voice messages, dodging phone calls and paying lip service is extremely rude and unprofessional regardless of the credentials or paper qualifications that we possess.
What is strategic branding and is it any different from normal branding exercises? In short, strategic branding equates to co-
branding with strategic partners for mutual benefits. Quick example, if McDonald’s and Burger King are to work on a new burger and market it together. Chances of it creating a storm are high as everyone would want to find out about this new product by the two burger giants. If either one of them were to come up with a new burger of their own and market it through normal branding activities, the novelty isn’t there so much and a lot more resources would be required to market the product effectively.
benefitting the local community as a whole by updating them on the progress of developments taking place in the Iskandar Malaysia region and readying them in facing the challenges that follow. Tourists and foreign investors also stand to gain by keeping in touch with the destinations and opportunities in store for them through us. We are not only available physically but also online through our website and e-newspaper. We don’t take credit for providing useful information on Iskandar Malaysia, instead we let our advertisers take Your opinion about the progress of the glory. They still get their advertising Iskandar Malaysia, the good the bad spaces respectively, but we also list them as our partners as they are the ones and the ugly funding this project. We cannot People tend to deny the fact have a deeper that Iskandar impression on “Not replying to emails Malaysia has partners of a brought upon noble social or voice messages, opp or tu n it i e s project as dodging phone calls that weren’t compared to available before. advertisers. and paying lip service Jobs are being Apart from that, is extremely rude created and our partners’ and unprofessional talents are advertisement slowly flowing will be flashed regardless of the back to aid in on JB Walker credentials or paper the development TV – an out of this region. I of home TV qualifications that we used to complain network which possess” about not having has over 60 the chance to viewing points flourish in the in Johor Bahru. media industry The biggest of of Johor Bahru. After 15 long years, I am all perks is of course branding finally back at home doing what I love. With alongside Iskandar Malaysia. Iskandar Malaysia hitting the benchmark of RM109 billion in cumulative investments, The Iskandarian has a the spillover effect on local businesses is balanced diet of editorial and enormous in a positive manner. Downside advertising; will this angle be will be the projected population and traffic congestion that cannot be avoided retained over the years? as they come in a package together with Yes it will. It’s a must or we will lose development. Property prices are at an all- our identity as the official community time high due to opportunistic investors and newspaper of Iskandar Malaysia. this has affected the purchasing power of the locals. Hopefully all this can be properly Elaborate a bit on the ‘Say managed by the relevant authorities to lower Something Nice’ campaign the negative impact on Johorians. As for the ugly, can we not go there? My boss is reading Sadly, people are not so courteous and nice to each other nowadays due to various this (laughs)! factors. The situation has been made worse How different is The Iskandarian by the recently concluded general elections where we can see people hurling abuses at in terms of advertising benefits? each other either online or physically due to As a social enterprise, we are actually political differences. We feel it’s about time
Marco De Souza Chief Marketing Officer The Iskandarian
for us to start some form of reconciliation process by casting all our differences aside and start saying something nice to each other regardless of race, religion and political belief. This is merely a start and optimistically it will evolve to something bigger to get fellow Malaysians to live together happily ever after. This is how a harmonious heterogeneous society should be modeled upon.
The Iskandarian has recently embarked on a ‘Taxi Campaign’ with copies of the paper being inserted in 7000 taxis in Iskandar Malaysia. What is the motive behind this campaign and what other frontiers will you engage? Based on findings by our survey team, the locals have heard of Iskandar Malaysia and know it’s something really big. However, 90% of them still haven’t got the slightest idea of what Iskandar Malaysia is all about, let alone the good this region will bring about. Some even relate Iskandar Malaysia to a bus company due to the existence of Bas Iskandar! We see the need to get closer to the community to get the relevant information relayed. Taxis are the best tool as they are everywhere and a huge chunk of the population depends on them. Nonnative will also find the information in The Iskandarian useful while getting around in taxis. After we can run, the next sensible step will be to fly. The local airlines will be our next target!
What other marketing tools does The Iskandarian offer besides the print paper and web downloads of the paper? Apart from the norm, we do provide daily news updates on Iskandar Malaysia to our online subscribers through our email delivery service which is available for free at the moment. With everyone into social media, we do have our dedicated facebook page and twitter account and are looking into stamping our presence on other social sites. We are also toying with the idea of having The Iskandarian TV channel on Youtube. As we are presently upgrading our website, the strategy is to go all out with our e-marketing exercise once it is up and running.
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STAR WARS at LEGOLAND
Interests: To commemorate the newly launched LEGO Star Wars Miniland Death Star Model Display, LEGOLAND Malaysia organised a special celebration called the LEGO Star Wars Days from 16th to 18th August
Participating Outlets: 1. 2. 3. 4.
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he themed weekend saw various fun filled activities lined up at the Park for fans and families. This included free entry for children between the ages 3 to 12 that came dressed up in their favourite Star Wars characters to the Park. In an effort to cultivate creativity and imagination among children, LEGOLAND Malaysia highly encourages homemade costumes depicting each child’s favourite Star Wars character. According to Siegfried Boerst, General Manager LEGOLAND Malaysia, this is the first time an activity of this kind is being promoted to Park visitors. The LEGO Star Wars Miniland Death Star Model Display was first launched to the public on the 26th July 2013. “We have seen fans of all ages flocking to LEGOLAND Malaysia to see the LEGO Star Wars Miniland Death Star
Model Display,” said Siegfried Boerst, General Manager LEGOLAND Malaysia. Park guests were also able to enjoy a host of other activities including themed building activities of the R2-D2 Star Wars LEGO model, Star Wars Lightsaber performances, mystery LEGO mural building and movie screenings at the 4D Cinema. Special collectible badges were also up for grabs at the Park during that time. Additionally, the anticipated ‘Spot The Minifigure’ contest was also held at the Park during this time and visitors stood a chance to win some free meal vouchers and LEGO toys. A temporary retail store dedicated to selling LEGO Star Wars products offered guests’ special discounts. There were a variety of hugely popular LEGO Star Wars products especially the vast selection of LEGO building sets available for sale.
Columbia Asia Hospital, Nusajaya Regency Specialist Hospital U Mall PNB Commercial – Plaza Pelangi, Perling Mall, Pelangi Leisure Mall 5. Danga City Mall 6. Sutera Mall 7. Maslee Express Sdn Bhd 8. KFCH International College, Johor Bahru Campus 9. Galleria Kotaraya 10. Plaza Angsana 11. Thistle Hotel, Johor Bahru 12. Suria City Hotel, Johor Bahru 13. IOI Mall – Bandar Putra, Kulai 14. City Square Johor Bahru 15. Traders Hotel 16. JBCCCI 17. JCI 18. Southern University College
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>>from cover page He added, “This campaign is so beautifully simple that just about anyone can contribute and I am confident that the Johor Bahru community will come out in full force to support this campaign.” Pejabat Pelajaran Daerah Johor Bahru, sent 40 teachers with view of executing the campaign at school level, and they also intend to launch the campaign on eve of Merdeka during their planned Larian Merdeka involving some 500 children. Jabatan Pelajaran Negeri Johor got 22 of their soon to be UNESCO affiliated schools to run the campaign. Other entities that have thrown in
their support for the campaign are Johor Bahru Chinese Chamber of Commerce & Industry (JBCCCI), Junior Chamber of Commerce (JCI), Traders Hotel, Thistle Johor Bahru, Suria City Hotel, Columbia Asia Hospital Nusajaya, Regency Specialist Hospital, U Mall, PNB Commercial (Plaza Pelangi, Perling Mall and Pelangi Leisure Mall), Danga City Mall, Sutera Mall, Plaza Angsana, IOI Mall Bandar Putra, City Square Johor Bahru, Galleria @Kotaraya, Maslee Express Sdn Bhd, KFCH International College (Johor Bahru Campus) and Southern University College.
Zubedy, an oganisation with a social cause is taking upon itself to create a healing environment for the nation. Hence, the 17-day period between Merdeka Day on Aug 31 and Malaysia Day on Sept 16, “is meant to be a time of truce and to showcase Malaysia in a positive light”, said Anas Zubedy, its Managing Director. “We need to engage the power of doubt, pondering about what the other side feels would allow us to see things in a different light,” he said. “History has shown that civilisations that don’t doubt themselves often collapse as they tend to get arrogant.”
Anas said “We hope the #SaySomethingNice Campaign will leave a big impact on the society with the involvement of schools and relevant bodies. To achieve this end, we are trying to reach several key ministries like Education and Tourism as well as the Department of National Unity and Integration under the Prime Minister’s Department.” “We have a dream that one day, perhaps in 10 to 15 years, the time segment will be so renowned that it will attract tourists from all over the world in droves to visit the country and witness for themselves our unity,” he added.
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Rescue flights for students
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Global: Malaysia Airlines to deploy three rescue flights for Ops Pyramid
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alaysia Airlines deployed its A330-300 aircraft in the rescue mission of Malaysian students in Egypt. The first rescue flight MH8100 took off from Kuala Lumpur on 25 August 2013 at 11.10am and arrived at the Cairo International Airport at 3.00pm local Egypt time. Two other flights were also deployed on 26th and 27th August 2013 at the same schedule. MH8100 ferried Malaysian Government officials and the Operations Team from Malaysia Airlines. National Security Council (NSC) is the main coordinating body for the rescue mission in Egypt. Amongst NSC’s immediate task was determining the list of passengers to be assigned to the various modes of transportation deployed to Egypt. Malaysia Airlines is assisting the NSC to facilitate the evacuation process. Malaysia Airlines’ Group Chief Executive Officer, Ahmad Jauhari Yahya said, “Being the national carrier and a responsible corporate entity, Malaysia Airlines is always prepared to assist our government to ensure
“Our team has been working round the clock to ensure the success of this mission and will continue to support NSC and the Malaysian Government”
our fellow Malaysians are safely back to Malaysia and are away from the turmoil in Egypt. Our team has been working round the clock to ensure the success of this mission and will continue to support NSC and the Malaysian Government.” Malaysia Airlines was also actively involved in a similar rescue mission of students from Cairo during the unrest in 2011.
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Taking theme parks to greater heights
Interests: Sunway plans to take theme parks to greater heights in Iskandar Malaysia
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skandar region in Johor is set to be the location of another recreational park with Sunway Holdings Bhd planning to build an eco-friendly and water park at Pendas. “The project will include a water park or water park elements, as water-based attractions in parks tend to be successful within Southeast Asia due to the climatic conditions, as opposed to dry parks,” said Designer Bill Holman, who was involved with the development of Sunway Lagoon and Lost World of Tambun at Sunway Ipoh. He said the experience of Sunway Group in the design, construction, operation and marketing of the two previous theme parks will have a bearing on the development of the proposed new leisure components of the Sunway Iskandar Pendas development. “We will benchmark this construction against Sunway Resort City as it was Malaysia’s first green township awarded the Green Building Index last year.” The waterpark in Pendas will not be similar to Sunway Lagoon as the site ecology is different and shows different demographics of target guests.
“We are also meeting Sunway Group’s requirements as to a green development that is in harmony with the surrounding ecology, with little impact on the environment.” The opening of various theme parks such as Legoland Malaysia in Nusajaya, Ancol Taman Impian in Jakarta and Universal Studios Singapore has changed visitors’ expectations of theme parks in the Southeast Asian region. “Today, in order for a theme park to draw the crowds, it needs to combine various elements such as water, adventure, nature and wildlife. Providing accommodation such as a hotel will also help visitors to spend more than a day; without rushing through a certain theme park,” said Holman. “Theme park enthusiasts have been all over the world in search of the latest thrills. In the Middle-east, there are parks such as Aquaventure at the Atlantis Hotel on the Palm Islands as well as Ice Land Water Park. European visitors, on the other hand would have been to Euro Disneyland and Europa Park. Some may also have been to Tokyo Disney Resort and Lotte World in Japan and South Korea respectively,” he added in an interview.
Birthday Bash and Mini Arts Market Social: ArtyParty continue their efforts of promoting social interaction and giving platforms to performers to express themselves
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nce again, ArtyParty.my, Johor Bahru’s art community held a “Sofia’s Birthday Bash and Single & Mingle” party at Cheers Bar & Grill, Danga Bay, as well as Mini Arts Market at Jitterbug Cafe, Plentong in August 2013. For the purpose of boosting social interaction, many people were invited by the host, Sofia Cole to her “Sofia’s Birthday Bash and Single & Mingle” party. The singles got to meet new friends and fun activities such as “Get to know you” questionnaires with mystery prizes were up for grabs. A cupcake tower which sat on a table raised RM500 as a contribution forwarded to The Rotary Club of Johor Centennial for 100 orphans and mentally challenged children’s visit to Legoland Malaysia. This is the most unique gift Sofia Cole has ever got and Arty Party is thankful to everyone for being part of a worthy cause. The Mini arts and crafts market and social night provided the young with a platform to flow their creative and artistic expressions. The audience were wooed by the performances of guitarist Aaron Boo and Sina Hosein. It was evident that
a night of social networking with young entrepreneurs showing off their artwork and talents is definitely a crowd pleaser. ArtyParty.my will be participating
in the upcoming month long - 10th JB Arts Festival 2013 at Bukit Timbalan, Bangunan Sultan Ibrahim where fun, premier and fringe performances are in store for
everyone. For more information on ArtyParty and booth sales, please visit www.fb.com/ artyparty.my
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JB-ASEAN International Trade Expo & Business Forum
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n tandem with ASEAN Free Trade Area (AFTA) trade bloc agreement to fully remove tariff and non-tariff barriers by year 2015, Johor Bahru Chinese Chamber of Commerce and Industry (JBCCCI) has embarked on a mission to organise an international expo themed “JB-ASEAN International Trade Expo & Business Forum” from 19th – 21st September 2013 at Persada Johor Convention Center. As one of the most prominent trade exhibitions in Malaysia, this Expo provides an enriching platform for both local and overseas exhibitors to interact and widen their business network, thereby raising the competitiveness of local goods and services to conform to international standards in order to export to foreign countries. The Johor Bahru-ASEAN Business Directory complete listing of all exhibitors will be a resourceful reference for both buyers and sellers. With reference to Bank Negara Malaysia’s Outlook and Policy in 2013, Malaysian economy projected to expand at a steady growth path of between 5 to
6% this year, whereby domestic demand will still continue to spur growth. Recent findings from Malaysian Institute of Economic Research projected Malaysia economy’s growth outlook for 2014 to be between 5 to 5.5% on account of weak global economic outlook, generally tighter fiscal and financial conditions. Headline inflation is also on the rising trend from the lowest of 1.2% in December 2012 to 1.8% in June 2013, attributed mainly by higher food prices. Bank Negara kept Overnight Policy Rate (OPR) unchanged at 3.0%, which is in line with the need to support growth in view of weaker global environment and generally benign inflation. JBCCCI continues to emphasise on the importance of engaging with ASEAN countries to promote further trade and development in order for Malaysia economy to grow to greater heights, which will also benefit our Smalland-Medium enterprises. As such, JBCCCI will continue to engage relevant ministerial and government agencies on economic and trade
JBCCCI working committee with President Dato Loh Liam Hiang (centre) policies and crucial matters that may impact the industry. JBCCCI will also continue to explore viable international trade partnerships that will propel our nation’s economy forward. JBCCCI would like to take this opportunity to extend its deepest appreciation and gratitude to endorsement parties which includes Johor State Government, Johor Tourism and The Associated
Chinese Chambers of Commerce and Industry of Malaysia; CoOrganisers, namely Federation of Malaysian Foundry & Engineering Industry Association, Iskandar Malaysia Chamber of Commerce & Industry Johor and Malaysian Gifts & Premium Entrepreneur Association; supporting organisation including The Johore Association Chinese Chambers of Commerce and Industry,
SME Association of South Johor, Malaysia-China Chamber of Commerce, Singapore Chinese Chamber of Commerce & Industry and Johor Hardware, Machinery & Building Material Merchants Association and all the working committees of JBCCCI. JBCCCI would like to reach out to all fellow Iskandarians to attend the expo and make this international gathering a success.
The Iskandarian Issue 13 | SEPT 2013 Advertisement
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Calendar of Events >> pg4
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Local cum International Street Wear UB40: New Album after 3 years Relationship Red Flags
ART Through Your Lens Mastering art photography with John Lee on >>pg2
The Iskandarian | WAVES Lifestyle
Editor ’s Note
Priya Manikam editor@waveslifestyle.com
L
ive the Arts! Once again the revered JB Arts Festival is back in town from 6th Sept – 5th Oct. This is their 10th year and indeed a special one for all Johorians to bask in its glory of living in the world of arts. How can you be a part of it? Either be a volunteer or show your support by attending its top-notch shows and spread the word around and update us through our social sites. In our quest on supporting local entrepreneurs/outlets, we are featuring local cum international connection - Imma Big Deal. They make chic t-shirts that are suitable for any casual day and are easily available through their website. More on local flava; Tony goes on a dessert hunt that would leave you asking for more. Go for fresh flavours at either Cremoso or Moshi Moshi and flip the pages to our Play section to learn more. Your Personal Motivator – Rose Osman is spreading her wisdom across the oceans to many more readers of different nationalities and we’d like to say kudos to her for the great work she does and hope that her column continues to help you folks to live life in a positive way. Introducing this month is John Lee, who will be imparting his expert knowledge on how to “Approach Art Photography”. So click away and do share with us your snaps in our fb page. As always, for those wishing to share their clothing line or travel tales or like us to review your restaurant/property, drop us a mail at admin@waveslifestyle. com today and be featured. We would like to wish all Malaysians Happy Malaysia Day as well!
Sept 2013 | Page 2
Imma Big Deal (IBD)
What we do: Clothing line and Event Planning. We design different logos and provide cool t-shirts for casual wear. Our story: It all began in a classroom of year 2009/10. We had a dream, an ember of doing something epic, and all it needed was something to help the ember burn and that’s when we took it to the streets, bringing ideas into action with nothing but hard-work, faith and consistency with what we do. One of our main motto is “Chase the dream so you can live it”, and we go by it and so does our work. Aim: Teens with an ambition towards bringing fantasy to reality with every chance we get! Event planners: We plan and prepare various parties or gatherings such as BBQ parties and open mike session connecting from Kuala Lumpur, Nairobi and Dar es Salaam. Purchase: You can purchase our products through our Facebook page (www. facebook.com/teamibd) by leaving us a message and we will get back to you. We can also be located at ECO Park at Mines Mall and alternatively, you may email us at ibd5@ymail.com or simply call 0126488423 for more details. All photos by IBD
Approaching ART Photography
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n this era, many of us own a camera but are not able to get the image that we want or intended and it’s not about getting the image right, but to get the expression right. The images should speak in the right “voice” and this model of photography turns bewildering options into a simple set of artistic decisions! Firstly, independent dimensions are about EXPOSURE. The image lies somewhere between the extreme ‘plain white and dense black’. The further away from the “normal” exposure – as moody low or breezy high key, the more expressive an image can be.
Next, the dimension of TONALITY. At one extreme you have just 2 tones: black or white with nothing in between. Needless to say, almost all of the interesting things occur somewhere in between: all images work with gradation of tones. A gradation near one extreme gives you a very high contrast image, while the other extreme, you enjoy the softness of low contrast tonality, corresponding softening in the visual impact.
By John Lee Professional Photographer leejohn59@gmail.com
Subject-FOCUSED dimensions image are of course, not meaningless mashes of color and tones. They invite response and evoke feelings and also convey information and emotion. The easiest dimension to understand is the axis that runs between the constructed and the found image. Dimension of OBJECTIVITY, the photographer’s intention whether consciously expressed or unconscious is crucial. At one end
of the scale, an image may be wholly objective with no requirements beyond a factual record, to the other end where an image becomes more subjective, to influence our viewers’ minds by arousing sympathetic emotions. Third, Subject-FOCUSED dimension measures the complexity of the image at its most basic. The photographer records a static arrangement of elements but we can stack up layers of meanings using visual, compositional and extra photographic means. “In short we photographers need to know what you are doing”. I will be covering in detail about each of the dimensions in the next issues and if you are interested to have a workshop, please e-mail me at leejohn59@ gmail.com for more details.
Sept 2013 | Page 3
The Iskandarian | WAVES Lifestyle
Relationship Red Flags
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ll relationships in this world start with love which we interpret as ‘puppy-love’, pure love and even falling-in-love. No matter what the labels are, it’s not the beginning that matters, but the journey of the relationship itself. To sustain a loving and respectful relationship takes effort and awareness of knowing whether the contribution we pour into the relationship has love in it or no love at all! However, there are things that we should avoid in all kinds of relationships and I’m summing it up as the “relationship red flags”.
Judgement. When one passes judgement about another, one has filled the space within the relationship with negativity that comes through thoughts and emotions. When the space is taken, there is no space left for the relationship to grow. To pass judgement is like creating a reflection of its own self too. Honestly, judgement does more harm than good. Replace judgement with acceptance that nothing is perfect. Assumption. The egotistical mind always wants to be right, therefore to be wrong can only be eliminated through
Musix Buzz UB40 – Getting Over The Storm
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n 2nd September 2013, UB40 will release their new album ‘Getting Over The Storm’, the reggae stars’ 20th studio album, and their first since 2010’s ‘Labour of Love IV’. Like many of UB40’s previous albums, the group’s original material is complimented by cover versions and interpretations. Interestingly, amongst the five original UB40 songs, the cover recorded for ‘Getting Over The Storm’ were originally written and/or recorded by country music artists. Formed in 1978, UB40’s have often been associated with politically charged lyrics, but that’s not the case with the lyrical themes found on ‘Getting Over The Storm’, with politics of the heart more to the fore. However, the album’s most political song is ‘How Can a Poor Man Stand Such Times and Live?’, the 1929 Great Depression song written by Blind Alfred Reed, and later popularised by Ry Cooder on his self-titled 1970 album. “We reworked the lyrics to update them a bit,” explains Robin “But that’s the only political lyric on the album. The rest are ‘somebody-done-somebody-wrong’ songs. We all know someone who’s had their heart broken. TRACKLIST: 1. Midnight Rider 2. Just What’s Killing Me 3. Getting Over The Storm 4. Blue Bilet Doux 5. If You Ever Have Forever 6. Crying Time 7. How Will I Get Through This 8. He’ll Have To Go 9. Blue Eyes Crying In The Rain 10. I Did What I Did 11. On The Other Hand 12. Poor Man 13. I Didn’t Know
By Rose Osman Personal Motivator & Energy Coach www.facebook.com/ yourpersonalmotivator Twitter:@BucketOfRoses
assumptions. So it is safe to say that to assume is to create a projection based on one’s own terms only. The safest way to avoid assumption is to ask and communicate. The answers usually will always be revealed to you in many ways including through the energy emitted by the other person and body languages. Gossip. It carries non-beneficial energies including the gossipers’ emotion
elton john - The Diving Board
O Source: Universal Music Singapore
such as irritation, anger and hate. Imagine if 10 gossipers spread a rumour and all the non-beneficial energies that come together with them! This explains why gossip always sound messy and no matter how sensational a gossip sounds – it is nothing but hurt. Hence, spread kindness instead of gossip. Try avoiding the red flags and start leading healthier relationships with your loved ones.
n September 16 2013, Elton John will release one of the most distinguished records of his unparalleled career. The Diving Board is set to be hailed as both a sophisticated new chapter in his unique songbook, and a work of oldschool sonic clarity. A return to the piano-bass-drums construction of Elton’s early years, and a celebration of his brilliance not just as a song craftsman but as a world-class pianist, The Diving Board will evoke memories of the groundbreaking albums that established him in the early 1970s. All of the songs on The Diving Board were written by John and his career-long lyrical collaborator, Bernie Taupin. It was recorded at The Village in Los Angeles and produced by T-Bone Burnett, the storied
helmsman of countless landmark records including The Union, John’s acclaimed 2010 collaboration with Leon Russell.
Sept 2013 | Page 4
The Iskandarian | WAVES Lifestyle Calendar of Events
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sept 2013 JB, 29th Aug - 18th Sept KSL Moon Cake Festival 2013 at KSL City, GF Atrium
JB, 1st Sept Last Day PIKOM PC Fair 2013 @ Persada
JB, 5th Sept - 4th Oct Johor Bahru Lantern Festival 2013
JB, 6th Sept - 5th Oct 10th JB Arts Festival
Spore, 6th Sept Fall Out Boy Live in S’pore @ Fort Canning Park
JB, 6th - 8th Sept Perfect Home’13 @KSL City
Spore, 13th Sept The Maine LIVE in S’pore
JB, 15th Sept Malaysia Day Carnival @ Tg.Balau, Kota Tinggi
M’sia,16th Sept Happy Malaysia Day!
M’sia,19th - 21st Sept JBCCCI JB-Asean Expo, Persada
19th Sept Mooncake Festival
Spore, 21st Sept Snoop Dogg @World Music Festival, S’pore
Spore, 22th Sept Singapore F1 Grand Prix Race & Rihanna Concert
Spore, 23rd Sept S’pore F1 GP – Justin Bieber Closing Concert
Spore, 29th Sept Hema Malini LIVE in S’pore @ NUS Centre for Arts
Must Visit Places in JB (Part Three)
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ohor Bahru or JB as it is fondly known to the locals is the Jewel of Southern Malaysia. Many visiting Malaysia often give this city a miss as they think there is nothing interesting to see . We are here to prove them wrong and have come up with a list of the most popular places that can be visited here. 1. Malaysian Handicraft Development Corporation of Johor State Malaysian Handicraft Development Corporation of Johor State (Kraftangan Malaysia Cawangan Negeri Johor) is located at Lot. PBT 20002, Jalan Cenderasari, Off Jalan Datin Halimah, 80350 Larkin (not very far from the Larkin bus terminal). This place also hosts handicrafts fair annually and is open from 9.00 a.m. to 5.00 p.m. on weekdays only. It is one of the government body which helps in exhibiting embroidery, beads and batik. This place is suitable for international tourists who are interested in knowing about our local handicrafts. However, local people can also pay a visit here in order to develop their awareness about the remarkableness of our local handicrafts. 2. City Square Shopping Complex The most happening shopping mall in JB I would say! City Square shopping complex is situated at the heart of JB along Jln Wong Ah Fook, and not very far from the CIQ. It is the best place to hang out for JB dwellers especially teenagers as well as Singaporeans. One of the famous spot here is ‘Innercity’ where you can find unique products like t-shirts, bags, shoes, dolls and other small shop with reasonable prices. Besides shopping/window shopping, most people usually head to its cinema to catch the latest movies. There is also free WiFi access at all public areas within the mall and when the tummy is hungry, you will be spoiled for International and local food choices at their various F & B outlets. Another latest addition to this
mall is the Rooftop Garden. So, be sure to head upstairs after a long shopping day and get a Zen feel and please maintain cleanliness! 3. Tanjung Kupang Memorial T a n j u n g Kupang Memorial was erected by the Johor state government in memory of the 100 passengers and crew members killed when the Malaysia Airlines Flight 653 (MH653) Boeing 737 was hijacked and crashed at Tanjung Kupang on the evening of 4 December 1977. The location of this tragedy is about 20km West of JB (near Nusajaya at Gelang Patah) but the memorial is situated at Jalan Kebun Teh. Like normal memorial places, the names and nationalities of all the 100 victims are inscribed on a lessthan-two-meter high wall draping with shiny, black stone in remembrance of the catastrophe. Do note that after the incident, the Aviation Security Unit of the Airport Standard Division of the Department of Civil Aviation Malaysia was established. Airlines began using improved technology and safety systems more widely to reduce incidences of hijacked aircraft.
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Credits: Written By : By Zaki, Azwan & Nadia from JBCool.com Photography By : Nicholas Vincent
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AFTER SPM, WHERE DO I GO? (part 1)
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t is the one question that many schoolleavers in Malaysia have to face upon completing secondary school. “What do I do next?” With SPM just around the corner, this article would be useful for both parents and students alike. Granted, many would have already charted their tertiary education path long before they finish Form Five. Or have it charted out FOR them. But for many others, it is a question to which they truly have no conviction in answering. And can one be blamed for not knowing for sure what they plan to do for the rest of their lives at the raw age of 17 or 18? What you need to know about the Pre-University Programmes available in Malaysia is lined up in this article by a few part series. Government Matriculation The government matriculation is a pre-university programme offered by
the government which offers courses in the fields of science and accounting. It is known as a fairly easy programme and is recognised by all public and most local private institutions of higher learning and a limited number of universities in the UK, Australia, New Zealand and Indonesia. The six American Universities that resides in Education City Qatar recognise this Pre-U programme. The intake of students for matriculation consists of 90% bumiputera and 10% non-bumiputera. There are two types of programmes offered in Matriculation. The Program Satu Tahun (PST) and Program Dua Tahun (PDT) which offers one year and two years’ of study respectively. The PST involves all students from all of the streams offered – science, accounting and technical streams and the PDT is only open for bumiputera students under the science stream. In order to enter the science stream
of a matriculation course, students should have obtained at least credits in Bahasa Melayu, English, additional mathematics, chemistry and either physics, biology or any technical subject. As for the accounting stream, students should have obtained at least credits in Bahasa Melayu, English, mathematics and accounting, and either economics, science, commerce, physics, chemistry, biology or any technical subject. Be aware this entry requirement changes periodically. For the SPM 2013 candidates and Matriculation session 2014/2015 there are 3 streams: Science, Accounting, Technical. Tuition fees for matriculation students are subsidised by the government, but they do impose a registration fee and the rates vary according to each stream. An added benefit of opting for Matriculation is that each student receives an allowance of RM1,250 per semester.
The best characteristic of Matriculation is that it is done in a boarding school environment and so, students are able to concentrate and focus on their studies without much distraction. In addition, a few other great factors to consider are that it is a faster way of getting to a degree than having to do a diploma, it is subsidised and that students also receive allowances every semester. However, students who choose matriculation have to bear in mind that this option limits their choices of degree destinations. As stated above, while this programme is recognised by all the public institutions of higher learning and most private institutions in Malaysia, only a few universities overseas will accept students who completed the course. Follow this multiple part series next month
Extensive Advertising From Regency Social: Launching of Regency Specialist Hospital’s Causeway Link Bus Advertisement Campaign
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egency Specialist Hospital launched its first-of-its-kind “Regency Specialist Hospital Causeway Link Bus” on 31st July. This uniquely decorated bus aims to raise public awareness of the hospital in Johor and across the Causeway. The event was attended by Regency’s doctors, nurses and staff, as well as executives from Handal Indah Sdn. Bhd., parent company of Causeway Link Bus Company. Fully wrapped with images of Regency’s doctors, nurses and the hospital building, the striking green bus with its distinctive orange and green wave elements, captures one’s attention instantly.
From August onwards, Regency will have 10 such buses plying the Johor Bahru local routes, as well as the Woodlands Causeway, to target the locals working or living near the city centre, as well
as the hundreds of Singaporean PRs commuting across the Causeway daily. Ms. Chin Wei Jia, Chief Executive Officer of Regency announced, “Regency is proud
to launch the first Regency Causeway Link Bus, which will travel between Johor and Singapore and raise public awareness on Regency. More importantly, our tagline “Your Health, Our Passion” is written across the top of the bus, and we hope to inspire our staff to continuously serve patients from our hearts.” Ms. Fang Lim, Operations &
Marketing Manager of Handal Indah said, “We would like to thank Regency for this opportunity to collaborate with Causeway Link Bus, and this effort will help to translate healthcare information to the public.” This campaign also paves the way for more joint marketing activities between Regency and Handal Indah.
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The lifestyle of Malaysian men is the main cause of ED Dr. Dimitraj Maniam Consultant Physician, Columbia Asia Hospital Nusajaya
*It is estimated that 1.7 million Malaysian men over the age of 40 have some degree of ED. *It is also established that many of these men have insufficient knowledge and information on the causes, available modes of treatment and the social and medical implications of this disease. So what is Erectile Dysfunction (ED)? Erectile dysfunction (ED) is a consistent, recurring inability in a male individual to achieve and maintain an erection sufficient for sexual intercourse. ED can occur when a there is a lack of blood flow to the penis during an erection. The man may experience difficulties getting aroused and/or a flaccid or partially erect penis that is unable to achieve adequate hardness for penetration during intercourse. How does our lifestyle cause ED? Smoking, excessive consumption of alcohol, poor eating habits, sedentary lifestyles and unregulated use of certain medications may increase the risk of ED by compromising blood flow.
These habits also make us more at risk of diabetes, hypercholesterolemia and even heart disease. Smoking has been shown to make men with atherosclerosis particularly vulnerable to ED. Furthermore, evidence proves that high consumption of sugar in our daily diet increases the risk of developing diabetes, especially in those with strong family history. On average, one out of every two men with diabetes experiences some degree of ED. There is clearly a link between diabetes and ED and the risk in men is much higher with regular alcohol and cigarette consumption. In Malaysia, fortunately and sometimes unfortunately, we have a wide range of variety of tasty food which many find difficult to resist. Busy schedules rob us of free time to work out and cook healthier meals resulting in us getting too little exercise and consuming too much of our delicious but potentially dangerous outside foods. This lifestyle causes obesity and may lead to diabetes, hypertension and can eventually result in ED. When these diseases are present and left unchecked there is a significant risk of developing cardiovascular disease (damage to heart and blood vessels), arteriosclerosis (hardening and narrowing of the arteries) which can impair the blood flow or even nerve impulses throughout the body by: 1. Weakening the heart’s pumping ability, therefore slowing the rate and volume of blood flow from the heart.
2. Making the vessels through which blood must flow more thicker, narrowed and less pliable hence further jeopardizing flow. 3. Nerve damage is a common complication in diabetes and damages sensory function and regulation. A lack of sexual desire (reduced libido), depression or mood disorders, poor selfesteem and prolonged fatigue as a result from our hectic schedules and ever increasing stress levels at work can also increase the chance of infertility and ED. ED could also be a warning sign to more serious diseases Studies suggest ED is a strong predictor of heart attack, stroke, and death from cardiovascular disease. Researchers say all men diagnosed with ED should be evaluated for cardiovascular disease. This does not mean every man with ED will develop heart disease, or that every man with heart disease has ED, but patients should be aware of the link. What should Malaysian men do to reduce the risk of ED? Many men with ED are able to improve sexual function by making several lifestyle changes. Giving up smoking, reducing alcohol, eating well and exercising more can help improve circulation and keeps the earlier mentioned diseases away. Studies indicate that men who exercise regularly have a lower risk of ED. ED may be a side effect of several drugs,
including certain blood pressure medications, antidepressants, and tranquilizers. Men should talk with their doctor if they suspect a prescription or over-the-counter drug may be causing erectile problems. What are the treatment options? After the diagnosis of ED is made, a search must be made for the root cause. This involves a thorough history and physical examination followed by laboratory investigations. A detailed drug history is imperative as several commonly used drugs are known to cause or worsen existing ED. Treatment is available for ED patients and can be divided into: 1. Medication – the type and dosage of drugs are varied and will be determined by the treating physician after a complete evaluation of the patient (examples include Viagra, Cialis etc). 2. Surgery or device-based therapy (examples of devices include penile pumps). So remember to eat healthily and remain physically fit by exercising regularly as these measures may help keep diseases like diabetes, hypercholesterolemia, hypertension and even ED at bay. And to the Malaysian men out there with symptoms of ED, please seek medical advice early for it’s a treatable disorder and furthermore, there may be an underlying condition causing it that will also need to be addressed.
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Why good management is important and MAS has proven this Management: Malaysia Airlines (MAS) registers Operating Profit for Q2 2013 with Strong Operational Performance
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ational carrier Malaysia Airlines’ corporate turnaround journey gained traction in Q2 2013 when it registered an Operating Profit of RM8 million compared to an operating loss of RM102 million in the corresponding quarter one year ago. For the three months ended 30 June 2013, the Group reported stronger year-on-year operational performance with 14% increase in revenue and 19% increase in capacity. Overall traffic increased 29% and seat loads climbed to a 10-year record high of 80%. June 2013 saw the highest ever Seat Load Factor ever in a month, at 84%, an improvement of 7% from one year ago. The improved result is attributed to the strong growth in Revenue and the focus on productivity and cost control. “With the encouraging performance at the revenue generation level, we can now focus on implementing more structural improvements, including enhancing our administration and support services. We will continue to improve operational effectiveness such as continued improvement in our On Time Performance, turn times on our aircraft, better engineering service turnaround, reducing service disruptions, precise material and inventory management, and much more which will further contribute to the bottom-line in the future”, commented Malaysia Airlines Group Chief Executive Officer, Ahmad Jauhari Yahya. “One of the aims of our Business Plan is to Win Back Customers for which we embarked on a strategy of implementing a very competitive product and pricing to our customers. This has paid off, as we can see in the improving Seat Factor trend month after month, quarter after quarter. These are
important indications of strengthening our airline’s performance, and sustaining our momentum”, added Ahmad Jauhari. The Group carried 4.2 million passengers in Q2 2013, a significant increase of 29% compared to 3.3 million passengers carried in Q2 2012. Daily average passengers carried increased from 37,000 in Q2 2012 to 47,000 in Q2 2013. Group Revenue in Q2 2013 stood at RM3.7 billion. In line with worldwide pressure on yields, Malaysia Airlines also experienced the same impact as airlines added capacity and competition increased across all markets. Nevertheless, Malaysia Airlines was able to grow its traffic faster than capacity growth demonstrating that the Malaysia Airlines’ product is well received in the market. “Malaysia Airlines’ expansion of services to meet market demand is a clear demonstration of the quality of product that the airline provides. We are pleased to be able to expand our ‘Malaysian Hospitality’ to new markets and the arrival of more new aircraft until the end of 2013 will further improve our average fleet age and product offering”, commented Ahmad Jauhari. As at end June 2013, Malaysia Airlines group had 146 aircraft in its fleet. The expected delivery of more new aircraft (6 B738, 2 A333 and 3 ATR72-600) in the second half of 2013 will add towards bringing down the average age of its fleet to 5.4 years by the end of 2013. More routes are expected to be announced later in the year as a result of its network expansion and through codeshares. Malaysia Airlines is also a member of the oneworld alliance, which has shown a steady increase in interline revenue since joining in February 2013.
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ACCUMULATING WEALTH? ¬ Profiting from the
Market Uncertainty (part2)
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n the last issue, we talked about a series of events that caused market uncertainties. Here is the recap in case you missed it: 1. The US Subprime Mortgage Crisis in 2008, which led to world financial crisis. 2. The recovery in 2009, which many people were skeptical to the comeback of the stock market. 3. The disclosure of the European Sovereign Debt Crisis in 2010. 4. The downgrade of the US credit rating by Standard & Poor’s (S&P) in 2011. 5. The rumours of the Malaysia’s General Election in 2012. 6. The General Election took place in May 2013. 7. The US Federal Chair Ben Bernanke hinted to taper the QE3 stimulus in June 2013. Coincidentally, two weeks after that article was written, the Fitch rating agency downgraded Malaysia’s economy outlook to a negative. That caused another kneejerk reaction - the Composite Index fell 22.5 points in a day. So, what does market uncertainties has to do with YOU as an investor? It only means one thing: OPPORTUNITY.
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Tey Bin Yuen is the author of ‘Life beyond the Comfort Zone’. His books are available at major bookstores in Malaysia and Singapore. He’ll be conducting a seminar ‘Profit from Technical Analysis’ on 7 Sept 13. Reach him at contact@ teybinyuen.com
That’s right! But seeing the market volatilities as opportunities is only the first step. One will not be able to benefit from the opportunity if he does not prepare. Additionally, you don’t start to prepare when the crisis comes; you prepare much earlier before that. When I say ‘prepare’, it means the following: 1)Focus on a few companies that has bright prospect Why only a few? Here’s the tip: if you want to profit substantially from share investment, you don’t need to know lots of companies. Instead, you focus on about six to ten companies. You know these companies at your finger tips, such as their business model, track records of profit and revenue, cash flow and cash status, management, future expansion plans and so on. Because of your detailed research, you will gain confidence to accumulate the
company’s stocks if there is a panic sell off. 2)Decide an entry price The second step is to determine the entry price based on the value and technical analysis. For value, it can mean PE (price to earning) ratio, NTA (net tangible asset), intrinsic value, or it can be based on the company’s future earnings prospects. I know it sounds technical, but they are definitely worth finding out more. For technical analysis, look at the chart whether there is a
trend reversal pattern or if the share price has fallen to a support level. While not everyone uses technical analysis, you will discover how helpful it is to be able to read the market emotion. Once you’ve identified the entry price, you can decide how much money to invest in. In essence, the game of stock market is all about preparation. While the market is always fluctuating, there are a lot of opportunities. If you’re ready, you will manage to seize the opportunity and profit from the uncertainties.
CIMB Optimistic on Iskandar Malaysia’s Growth Investment Outlook: CIMB analyses Iskandar not merely from the typical property angle but also measures its progress economically and identifies other sectors that will benefit directly or indirectly from proximity to the development corridor
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skandar Malaysia or dubbed as “Shenzhen of Malaysia” is seen as reaching levels that has never been seen before in Malaysia and CIMB is bullish on its growth. It was said that after many years of initial scepticism, CIMB started to warm up to Iskandar Malaysia six years back when they visited Johor for a 2-day tour and saw several major projects, such as Kota Iskandar and Puteri Harbour beginning construction. CIMB were also impressed by Danga Bay, as developments there appeared more advanced than the catalyst projects in Nusajaya. CIMB turned bullish on the growth corridor 3-4 years back when more projects, such as the Coastal Highway, LEGOLAND, Puteri Harbour Theme Park, Traders Hotel and education institutions started ground
work. CIMB initiated coverage on UEM Land in 2011, by which time they had become a firm believer in Iskandar Malaysia. “We agreed with management that 2012 would be the tipping point year because, simply put, LEGOLAND and the Puteri Harbour Theme Park would attract over a million visitors a year and Nusajaya/Iskandar Malaysia would be far more visible to the world”, it was quoted. Our Prime Minister, Datuk Seri Najib Razak had also said, “Iskandar Malaysia performed beyond expectations last year, having breached the RM100bn mark in total committed investments.” The recent meetings early this year between Singapore’s and our prime minister and the go ahead for the RM30bn high-speed rail project have further cemented on Iskandar Malaysia’s position
as Shenzhen of Malaysia. Since October last year, Singapore “We agreed with investors have taken the plunge management that 2012 and invested in four multibillion ringgit projects in would be the tipping point Iskandar Malaysia. year because, simply Since Iskandar Malaysia was launched on 4th November put, LEGOLAND and the 2006, its investment value has Puteri Harbour Theme exceeded the Phase 1 (2006 to 2010) target by 47.9%. Park would attract over Total committed investments a million visitors a year of RM36.8bn in 2011-12 already make up 50.4% of and Nusajaya/Iskandar Phase 2’s target of RM73bn Malaysia would be far more for 2011-15. Property and visible to the world” construction companies have benefitted the most from Iskandar Malaysia. The best proxy has always been UEM Land due to its huge land bank in Nusajaya.
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Homemade Cold Desert Hunt!
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ith the fast growing food scene in Johor, many new cold dessert shops are seen sprouting all over Johor Bahru, and along with the big crowd of familiar foreign franchises, there is also a small sprinkling of homegrown start ups. These new and small players are holding on their own very well and here are two that I’ve tried and like.
Cremoso Gelato is the baby of Jeff who works in the financial sector and his love for gelato – yes, that creamy, smooth and dense Italian ice cream, led him to learn the art of gelato making in Singapore. The next step was to create his own gelato shop in JB City Square Mall and not before long; Cremoso Gelato was such a hit that another outlet, a kiosk in KSL City Mall, was born. Cremoso Gelato offers 16 flavours of homemade gelato with local flavours such as mango, passion fruit, and of course, the irresistible durian! Cremoso’s star attraction is their “Signature Creations”. This is gelato ice cream “fried” with a variety of ingredients such as strawberries and crushed Oreo biscuits on a -18°C cold stone. Cremoso Gelato’s Signature Creations are served in crispy waffle bowls freshly baked at the shop. The place itself is a delightful joint suited to the young and young at heart and when you are in town especially after a hot and tiring day; do head to this place to cool yourself!
Moshi Moshi dessert shop is the brainchild of two young Johor couples who are passionate foodies. Their love for good food even took them to Taiwan to learn how to make traditional ice cream by hand. They were so taken by handmade ice cream that they decided to open their own dessert shop in JB. Moshi Moshi serves their handmade ice cream on an icy bed of sorbet and garnished with a choice of yam balls, grass jelly, chewy “pearls” and many others. The flavours are based on local fruits such as mango and coconut. Only 100% real fruits are used in Moshi Moshi. Whenever we visit Moshi Moshi with friends, we always end up with two, if not three rounds of ice cream. Try it as Moshi Moshi’s ice cream always impresses. The next time you are craving for a cold dessert, why not give these homegrown cold dessert brands a try? Restaurant name: Cremoso Gelato/ Coffee Address: Level 4, City Square Mall, Jalan Wong Ah Fook, Johor Bahru Hours: 11:00am to 10:00pm Parking: Paid parking in City Square mall Restaurant name: Moshi Moshi Dessert and Tea Address: 19, Jalan Mutiara Emas 10/19, Taman Mount Austin, Johor Bahru Hours: 11:30am to 11:30pm Parking: Free parking at shop front
play Herbs, Spices and Paella Rice FREE COPY ISSUE 13 | SEPT 2013
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erbs are plants used to flavour our dishes. It also gives colour, aroma and appearance which will stimulate our appetite and it can also be used as an agent for preserving food. On the other hand, spices are from dried seeds, fruits, roots or bark, but these dried items have similar functions as herbs. In Malaysia, herbs and spices play an important role in all our dishes. Example of herbs that are commonly used is coriander leaves, curry leaves, turmeric leaves and etc. And spices vary from cumin seeds, fennel seeds, cardamoms, turmeric, galangal and many more.
Paella
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If we look at Middle East countries and its cuisine, there is some similarity with Malaysian herbs and spices. They also use cumin, cardamom, turmeric and cinnamon in their cooking. But the most interesting herb we want to highlight here is Saffron. It comes from stigma of Crocus Sativus flowers and gives a natural golden yellow colour to the dishes. The best quality of Saffron is deep red in colour, and has a honey like aroma with a delicate taste but musky and earthy. Saffron gives flavours and colour to paella (Spanish rice) and risottos, but make sure to infuse it in hot liquid for 20
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minutes before using it and use very little of it to avoid bitterness. The threads will continue to release their flavours for another 12 hours. Always buy your saffron from a reliable source and only get dried stamens because they will keep their flavour well over 2 years if stored in a cool dark place in an air tight container. Ground saffron is usually adulterated with inferior spices. Saffron goes well with spinach, mushrooms, seafood, chicken and eggs, grains, potatoes and white wine. It is also the star ingredient in Risotto Milanese, the king of Italian rice dishes. Article contributed by KFCH
Method: Ingredients: • Pre-heat the oven to 190 degrees. Put some oil in 1 Medium chicken (cut into 16 pieces) a hot large flat pan and brown the chicken (turning 200ml Olive oil occasionally to brown all over). Transfer it to a small 10 Medium prawn roasting tray and continue to cook in the preheated 1 Onion (chopped) oven for 15 minutes. 4cloves Garlic • In the same pan, sauté the onions and garlic until it 3large pinches Saffron (infused in a little of the hot softens. Pour the infused saffron and some of the stock) stock, and add the smoked paprika and rice, stirring 2 litres Chicken Stock continuously. 1tsp Smoked paprika powder • When the rice is almost cooked, add the mussels, 500gm Paella rice prawns and squid, adding more stock if necessary. 300gm Mussels Cover the pan with foil. Then, add the roasted chicken, 3medium squid (trimmed, gutted and cut open, then and add a large handful of chopped parsley leaves. scored lightly in a criss-cross fashion) Check the seasoning. 1 lemon • Before serving, cut a lemon into wedges and place 1bunch Parsley (Roughly chopped) around the edge of the pan and serve.
Toast Box Opens New Outlet
James Quek, YB Liow Cai Tung & Vincent Lim make a toast with Traditional Nanyang Kopi to officiate the grand opening of Toast Box Johor Jaya
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he neighbourhood of Johor Jaya was greeted by the charm of Traditional Nanyang Coffee and Kaya Toast in a modern rustic setting with the opening of the brand new Toast Box store at Johor Jaya. Officially opened on 1st August by YB Liow Cai Tung, State Assembly Woman for Johor Jaya, and being the second store to open in Johor Bahru besides the one at KSL City Mall, it is currently the largest Toast Box in South East Asia. This new store is a significant milestone in Toast Box’s plans of bringing its distinctive Traditional Nanyang culture to different parts of Asia, providing the vibrant
neighbourhood a hearty and unique dining experience with a hint of nostalgia. “From the homely aroma of freshly-brewed Kopi lingering in the air to heart-warming fragrance of golden toast being grilled on the stove; it’s an immediate sensory treat for all. Food lovers are guaranteed to be impressed and delighted by the extensive choice of authentic local dishes and beverages offered by our Toast Box Johor Jaya outlet,” shared Vincent Lim, Senior Vice President of Toast Box. Breeze into Toast Box at Johor Jaya and be charmed by the joy of old style, casual dining experience in a simplistic yet endearing ambience.
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ISSUE 13 | SEPT 2013
T HE I SKANDAR I AN
PROPERTY
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RESIDENTIAL PROJECTS
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APARTMENTS
Cover Story Remarkable Journey and Excellence of Living for more than 30 years, KCC understands that creating the perfect lifestyle setting is more than just offering visually impressive architecture >>page 27
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VILLAS
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CONDOMINIUMS
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OFFICE/ RETAILSPACE
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Property Corner
¬ House Hunting! A.Devadason CA(M), FCCA, MDRT Deva is a partner in the firm of Dason & Dason, Chartered Accountants who specialice in tax advisory and consultancy. He can be reached at deva@dason.com.my
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There should be a room downstairs in case the elderly find it difficult to climb the stairs. A master room upstairs for the couple and 2 separate rooms for the boy and the girl. Another spare room in case visitors come over and a maid room in case there is one or planning to have one.
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roperty, Property, Property! That seems to be the word (among others) on everyone’s mouth, including mine. So, is it a good time to buy or good time to sell or just rent? Well, it boils down to intention, holding power, property type as well as emotional factor. If you are buying a home to stay, the factors to consider are: •
Am I single, married, married with kids, more kids to come, will the kids need separate rooms, parents/inlaws staying together as well and whether a maid will be tagging along.
What type of house is one intending to purchase? That very much depends on the number of people staying together. Let’s say a married couple with elderly parents staying together as well as 2 kids, one boy and a girl:
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That’s 6 rooms including the maids. At the very least, it has to be a big double storey or maybe a cluster unit.
Next would be to consider whether to buy a new unit or getting a sub-sale unit from the secondary market and renovating/refurbishing it. Where the latter is chosen, it may turn out to be non-gated/guarded unit. But then again,
who says gated and guarded units are totally safe. Many times, it is these units that become default targets since the perception of wealthy people living there. On the other hand, gated communities do give a sense of security to its inhabitants, potentially increasing the marketability and the desirability of such an asset. To me, at the rate new units are priced and with some of them only slightly bigger than a few hundred square feet, I rather go for sub-sale units. At least I would know who my neighbours are, whether they are merely renting or owning the house. Neighbours play an important factor in house ownership. However, should the budget allow and the holding power is strong, then go for new units and choose a house that meets the family’s growth. Do keep in mind the following pointers if you are choosing a new house: •
The direction of the sun. Having the morning sun (East) or a house facing South is the crème-de-la-crème unit. One gives a sense of light and the other tends to
face the moving winds, thus creating air-circulation within the home. •
Never choose the SECOND, SEVENTH or any unit that POTENTIALLY end with the number 4! Unfortunately, the unit numbers for new schemes are usually not available at the point of booking a new unit.
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A second unit may either turn out to be No.3 (Odd) or No.4 (Even). If it’s No.4, you may have some trouble selling it off to potential Chinese buyers due to numerology reasons. Same goes for the seventh unit as it could turn out to be No.13 or 14. Here, it’s either Unlucky 13 or 14 to the superstitious ones!
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Other factors to consider would be whether there is a garden nearby, whether it’s a cul-desac, main road, whether it’s a corner/end lot, etc.
Consider all factors wisely and all the best in the property hunt!
KCC’s Remarkable Journey - Celebrating 30 Years of Excellence
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or the past 30 years, KCC has been at the forefront of developing quality homes all over Southern Malaysia. Transcending humble beginnings to become a regionally recognized property developer, KCC continues to expand northwards, including to Melacca, Negeri Sembilan and Kuala Lumpur. Reputation is their most valuable asset KCC is an ISO 9001 certified developer that strongly affirms customer priority and quality control. With a brilliant track record that reflects its outstanding reputation, KCC continues to garner international property awards. With KCC, homeowners can be assured of 36months defects liability period, ‘Quicklink’ customer service hotline, timely completion and delivery.
The Senai Garden Phase 2 – Only 128 units (Open For Registration) When it comes to the best high-rise living possible, KCC reaches for the stars with The Senai Garden. Sprawled across 8-acres of land within Iskandar Malaysia’s Flagship E, The Senai Garden offers, contemporary living of international standards with a myriad of amenities interwoven within a setting of lush greenery. Construction on Phase 1 (264 units) is now 65% complete and is estimated to be completed by the end of 2014. Excellent
attributions of The Senai Garden include: • Freehold address with 5 blocks of serviced apartments comprising of 392 spacious units. • Low pollution density and 3-tier security system • Refreshing lush greenery for soothing ambience • Resort like facilities include a swimming pool, gymnasium, sauna, Jacuzzi, jogging track, kids’ pool and children’s playground • Nearby Universiti Teknologi Malaysia, Seri Omega International School, AEON Jusco Kulai, Palm Resort Golf & Country Club, KFC Drive-Thru, Johor Premium Outlet and LEGOLAND.
In an era where convenience is everything, The Senai Garden is located within the Senai township and offers smooth accessibility via the Senai Highway, Airport Road and the North-South Highway while the Senai International Airport is so close to home. Exclusive Preview of New KL Projects (By Invitation Only) As KCC spreads its wings to the Klang Valley, be amazed by 2 new residential developments at Bukit Serdang and Taman Melawati. The gated and guarded enclave at Taman Melawati features 3 and 3 ½
storey semi-d and bungalow homes with private lift while the development in Bukit Serdang features 3 storey super link (44 X 90’), 3 storey semi-d (40’ X 95’/108’) and 3 storey bungalows. Those interested are encouraged to register immediately on KCC’s official website for an exclusive yearend preview.
The Developer That Truly Cares KCC understands that creating the perfect lifestyle setting is more than just offering visually impressive architecture. Therefore, KCC prides itself in well-planned residential developments with lush green landscapes and community-centric facilities that offer homeowners a sense of true satisfaction.
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The Iskandarian
Quick Reads
Johor Housing Prices in Check
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he state government today dismissed the notion that the increase in the prices of houses in the state resulted from the purchase of real estate by foreigners, including Singaporeans. State Housing and Local Government Committee Chairman Datuk Abd Latiff Bandi said “the prices of houses were determined by other factors, such as the ever increasing price of land and the cost of building materials like cement, bricks and steel.” He added that only 9,826 Singaporeans had been given approval to purchase houses and shophouses in Johor over the past 10 years up to June this year. Foreign ownership of real estate in the state was always controlled under the provisions of the National Land Code 1965. “Foreigners can only own real estate after their applications are approved by the state government,” he said. Abd Latiff also said that he did not deny the existence of foreign speculators who bought and sold houses within a short period to make a huge profit, thus triggering a price increase. He added, however, that there were not many of such speculators and that the government was handling the matter with the provisions in the existing laws. He was replying to oral questions in the state legislative assembly from Ayub Jamil (BN-Rengit) and Mohd Ismail Roslan (BN-Semerah) who had wanted to know whether the purchase of houses by Singaporeans had caused prices of houses in Johor to rise. Abd Latiff said the state government was also reviewing the policy on real estate ownership in Johor by foreign interests, which was being looked into by a committee. He said that under the existing policy, foreign interests could only own real estate valued at RM500,000 and above with certain quotas for real estate development. Roaring developments in Iskandar Malaysia is creating a flood of Singapore buyers who are driving up home prices there by as much as RM500,000 over bank valuations. The Johor development corridor has seen the announcement of several high-profile projects including CapitaLand and Temasek Holdings’ planned RM8.3 billion Danga Bay, Singapore billionaire Peter Lim’s Motorsports City and the Medini integrated development project. This is in addition to the planned intercity rail link between Iskandar and Singapore as well as a Kuala LumpurSingapore high-speed rail that will also stop at the Johor economic hub.
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Property Investment ¬ Asset Selection and Developer Due Diligence Ed Cheong is the Singapore founder of the Iskandar Malaysia Investors Forum and Rafflesland Group of Companies which provides platform for property investors to gain insights and world-class investment strategies. He is contactable at iskandar@rafflesland. com and +65 97111271
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n the 3rd August 2013, we conducted an Investors Forum on Iskandar Malaysia. Two fullhouse dialogues were held with key stakeholders for investors in Singapore. Attendees from as far as Kuala Lumpur came to meet officials we facilitated from Malaysia Properties Inc, Malaysian Trade Commission, Medini pioneer developer WCT Holdings Bhd and fund managers to gain insights and provide feedback on Iskandar Malaysia.
The forum’s attendance underlined the position of Iskandar Malaysia as a standard bearer of economic transformational success of Malaysia. As the forum founder, I presented our framework of property wealth management which includes the Iskandar SWOT analysis. This highlights the strengths, weaknesses, opportunities and threats of investing in Iskandar. One of the key points we emphasised is asset selection and developer due diligence for risk management. In the current fluxing macro conditions, even amidst strong upward momentum of Iskandar Malaysia’s investments, it is important to differentiate best in class properties from the rests. With thousands of new units being launched, surely a special selection will outperform others in capital appreciation and net income returns. George Orwell put it in another way in the Animal Farm, “All animals are equal, but some animals are more equal than
others.” Therefore, investors should look not only at quality of development but also be selective of developers with commitment, financial means and vision to turn large land
banks into iconic, integrated communities. With myriad of offerings, investors should begin to diversify property asset classes. Other than residential, your allocation should extend to the commercial (office) and industrial sectors. Basically, if your assumption is that Iskandar Malaysia will grow into a major metropolis of high per capita GDP, investing in commercial properties is a natural choice. Furthermore, as the supply of high-grade Johor commercial properties has lagged behind for so long, this bodes well for future demand. Finally, the forum ended with much feedback to quicken the pace of transportation infrastructure, building of more low cost housing for talent migration, public amenities and enhance public security. If you have any questions on our next forum on investing in Iskandar Malaysia or wish to know more about property wealth management, feel free to write to us at iskandar@rafflesland.com.
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International: Malaysian property launches in London
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he string of Malaysian property launches in London is following suit after the in-demand £8 billion (RM40 billion) Battersea Power Station refurbishment project by the joint-venture consortium of SP Setia Bhd, Sime Darby Bhd, and the Employees Provident Fund (EPF) officially launched in July. “The upward movement in prime London property market prices bodes well for select Malaysian property developers with exposure to this region,” said an AmResearch stock report recently. AmResearch noted that Phase 2 of the Battersea project is already in pipeline as nearly 97% of Phase 1 has been snapped since its debut launch in January. Another property developer expected to reap rewards from the London property boom was IJM Land Bhd, which is expected to launch its maiden project in the UK by the end of the year. The project, worth £300
million (RM1.5 billion) in gross development value, will include a five-star hotel and apartments near Royal Mint St, which offers a view of the iconic Tower Bridge. IJM Land CEO and managing director Datuk Soam Heng Choon was quoted in local daily The Sun as saying that, “its residential properties will be priced between £1,000 and £1,300 per square feet”. Property and hospitality firm Eastern & Oriental Bhd (E&O) meanwhile has bought Princes House, a prime freehold office-cum-retail building in central London for £20.25 million (RM100 million) in April last year. Both IJM and E&O’s shares were rated “Buy” by AmResearch in its research note, alongside Mah Sing Group and UEM Land Holdings Bhd. House prices in central London have risen by annual by 7.9% on average, according to a survey by LSL Property Services Plc and Academetrics. A separate piece by British
The Iskandarian
Quick Reads
Menteri Besar’s Concerns
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he Johor government has sought the help of Universiti Teknologi Malaysia (UTM) to identify suitable locations for the construction of affordable housing units for the local people. Menteri Besar Datuk Khaled Nordin said UTM would also study the demand for such homes. He said he wanted to ensure that houses built in the city are meant for all races and not just for a certain race. “Developers in Johor must include the building of low-cost or affordable homes in their masterplan. “However, many developers are putting profit above anything else.” Khaled said he had asked the local authorities to blacklist developers who have failed to observe the guidelines. In the event that the developers show no interest in building low-cost or affordable houses, he said the state government would take action to address the issue. Khaled said the state government is concerned about the escalating property prices in the state, particularly in Iskandar Malaysia.
pic by: Nicholas Vincent
Arial view of London newspaper The Guardian reported the National Housing Federation as saying house prices in England will go up by 42% by 2020 while rentals are set to climb even further. A recent Financial Times (FT) article quoted a survey by property group Knight Frank as saying foreign buyers accounted for nearly three-quarters of new home purchases in inner London, with only 27% of buyers coming from the UK itself. Together with Asian investors from Singapore, Hong Kong and China, Malaysians
accounted for more than half of the purchases. Last month, the FT also reported that government-backed funds of Malaysia, Singapore and Korea are at the forefront of a new wave of investment in London’s booming property market. Asian and Middle Eastern money accounted for 82% of commercial transactions in London in the first half of the year. While launching the Battersea project in July, Prime Minister Datuk Seri Najib Razak told the FT that Malaysia would
continue to gobble up London property as cash-rich funds such as the Employees Provident Fund “needs to take some of that surplus abroad”. Najib Razak also told the British newspaper that Malaysia aimed to be a “major player” in the London property market. The FT reported that spending by Asian investors accelerated rapidly during the three months to the end of June, with the region responsible for £1.04 billion during the first quarter, up 166% on the previous three months.
The Iskandarian
Quick Reads
Fast Selling Leisure Farm
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ue to overwhelming response, 10 pre-selected bungalow lots in Leisure Farm Resort, Iskandar Malaysia were sold out with over 30 bids received. Successful bidders secured the units around 10% to 15% above the reserve price, with about half of the total sale of RM50mil to Malaysians and the balance to overseas buyers. Leisure Farm Corporation Sdn Bhd, a wholly-owned subsidiary of Mulpha International Bhd, said in a statement that there was a surge in demand in the first six months of the year, with land prices increasing by 40% to 70% depending on the precinct and topography of the lots. “We are overwhelmed by the strong reception,” Mulpha executive chairman Lee Seng Huang in a statement. The reserve price of the lots ranged from RM2.03mil to RM6.93mil, or RM115 to RM150 per sq ft. October will see the launch of a further 57 units of canal-front bungalows and eco-themed semi-Ds, Bayou Creek, Precinct 7B in the same area.
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