Fairlane residences @ My Habitat 2 KLCC

a) GRR 7% for 2 years

b) Furnishing package

c) 5% discount of list price for unit comes with 2 carparks.

d) 10% discount of list price for unit comes with 1 carpark.**

e) SPA legal fees bourne by developer.

Any further information required, please do not hesitate to contact Mr.Ng @ 012 - 959 0148

Paragon 129 and Paragon 93

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• Property Type:2-sty Terrace/Link House
• Tenure:Leasehold 
• Title Type:Strata
• Land Area:20x70 sq. ft.
• Built-Up:1,952 sq. ft.
• Asking PriceRM 418,000**
• Asking Price psf :RM 214
• Bedrooms:4+1
• Bathrooms:3
• Unit type:Intermediate
• Facing Direction:NorthEast
• Facilities:Playground, 24hr Security

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• Property Type:2-sty Terrace/Link House
• Tenure:Leasehold 
• Title Type:Strata
• Land Area:20x70 sq. ft.
• Built-Up:2,110 sq. ft.
• Asking PriceRM 528,600**
• Asking Price psf :RM 250
• Bedrooms:4+1
• Bathrooms:3
• Unit type:Intermediate
• Facing Direction:SouthEast
• Facilities:Playground, 24hr Security

FOR FURTHER INQUIRIES PLEASE CALL:

WCT REALTORS

C.L.Ng

012 - 959 0148 

Research and Market In Malaysia

DUBLIN, Aug 07, 2011 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/a3f858/malaysia_real_esta) has announced the addition of the "Malaysia Real Estate Report Q3 2011" report to their offering.

This report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Malaysia's Real Estate industry.

The Malaysian economy registered stronger-than-expected growth of 7.2% in 2010.

The real estate market expanded along with the economy, with the total value of transactions growing by 32.6% year-on-year and increased volumes in all subsectors. This report believes that economic growth in 2011 and 2012 will moderate to 4.9% and 4.2% respectively, with private consumption and investments serving as key drivers for the economy.

Market Overview: The major driver for change in the real estate market has been the oversupply of space - especially office space in Kuala Lumpur. As a result, the outlook for the office subsector in Kuala Lumpur will be weak for at least a few years.

Rents, absorption and occupancy rates are expected to track sideways, as supply and vacancy rates increase. Office rental levels are expected to hold up better in Johor Bahru and Kota Kinabalu.

In the retail subsector, the signs are fairly positive and the industry is expected to grow by around 6% in 2011. Spending by consumers is growing - disposable income levels are rising, the unemployment rate is low (around 3.0%), and tourism is on the increase. On the downside, costs are rising too - causing profit margins to shrink.

In the industrial subsector, there is growing demand for space from small and medium enterprises, leading to increased developments for this segment.

Increasing industrial property developments will occur in new areas, both within and outside the Greater Kuala Lumpur area.

Key Trends: The government launched the US$444bn Economic Transformation Programme in September 2010, with a specific focus on driving private investment - 60% of the ETP investment is expected to come from the private sector - in key sectors such as infrastructure, over the next 10 years. In 2011, the largest major developments set to begin include: Menara Warisan - an extensive integrated development comprising a 100-storey tower; Kuala Lumpur International Financial District; and Mass Rapid Transit in Greater Kuala Lumpur.

Companies Mentioned: AZRB General Corporation Berhad IJM Corporation Berhad Isyoda Corporation Berhad (ICB) MRCB WCT Berhad For more information visit http://www.researchandmarkets.com/research/a3f858/malaysia_real_esta SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager, press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2011 -0- KEYWORD: Malaysia

Asia Pacific INDUSTRY KEYWORD: Construction & Property

Commercial Building & Real Estate

property burst ? bubble? most unlikely not...

AmInvestment Bank Group, one of the largest investment banks in Malaysia, said that a property bubble burst is improbable in Asia Pacific, including Malaysia, as there are no signs hinting at such a trend over the next two years.

“I don’t see a property burst (happening) in the next six months, one year or two years down the line” said Ng Chze How, Director for Retail Funds.

“You have high wages, ample liquidity, small percentage of non-performing loans and these plus steps taken by the government to prevent the economy from overheating, augur well for the property market.”

He noted that the market will have more advantages with these factors, coupled with economic recovery.

Meanwhile, AmAsia Pacific Reits has invested in a diversified portfolio of Reits listed in Asia Pacific.

Ng is positive the Reits chosen by the group will witness high occupancy rates and growing rentals.

“Selected Asian properties have yet to reach their previous peak, as such, there is room for potential growth,” he said.

Arena Green Worth buying? Look at the market trend......

Arena Green, Bukit Jalil

Arena Green in Bukit Jalil is a condominium that provides a peaceful, relaxing lifestyle. It allows its residents to enjoy cosy living with ease due to its various amenities surrounding the area and easily within reach.

Arena Green provides stylish and cosy interiors with built-up area that ranges from 726 up to 950 square feet, large balcony, and also inclusive of breathtaking panoramic view of golf course and landscaped gardens that can give you fresh air amidst the natural surrounding.

Arena Green is an apartment development situated opposite of Komplek Sukan Negara buildings and within the same neighbourhood with Malaysia Technology Park (TPM), APIIT College, International Medical University (IMU), near Selangor Turf Club, Seri Kembangan, Seri Petaling, Puchong, Bandar Kinrara, OUG or Old Klang Road, plus a mere 30 minutes journey to the new administrative capital of Kuala Lumpur in Putra Jaya and Kuala Lumpur International Airport.

Arena Green is strategically located with easy access to major expressways such as the Kuala Lumpur-Seremban Highway through the Serdang-Puchong dual carriageway (Lebuhraya Bukit Jalil) that links Jalan Puchong to Serdang, Maju Express Highway (MEX) which has an entrance and exit in Bukit Jalil to Kuala Lumpur, Putrajaya, Cyberjaya and KLIA, KESAS Highway, SMART expressway, BESRAYA highway and also the Middle Ring Road 2 (MRR2).

In addition, Arena Green also provides its residents with convenient access to public amenities and township facilities such as primary (SK Bukit Jalil) and secondary (SMK Bukit Jalil) schools, within distance to Endah Parade Shopping Centre that provides more than 100 outlets.

Arena Green is also near to Carrefour Hypermarket, The Store, shops, banks and eating outlets, as well as easy access to public transport such as bus and taxis. It is within walking distance to Bukit Jalil LRT station and also near Seri Petaling LRT station.

Arena Green is also situated nearby Bukit Jalil National Sports Complex, Taman Rekreasi Bukit Jalil, Taman Esplanade, Bukit Jalil Golf and Country Resort for easy access of sports and recreational activities.

Property Details

• Name: Arena Green
• Address: Jalan 1/115a, Bukit Jalil, 57000 Kuala Lumpur
• Developer: Berjaya Land (a subsidiary of Berjaya Group)
• Completion Date: 2000 / 2001
• Type: Apartment
• Tenure: Freehold
• No. of Storey: 11
• No. of Units: 1,240
• No. of Bedrooms: 1 to 3
• No. of Bathrooms: 1 to 2
• Built-up: 726 – 950 sf
• Maintenance Fee: RM79
• Subsale Price: From RM145,000 onwards
• Rental: From RM800 and upward

Facilities

• 24-hour security
• Covered parking area
• Club house
• Mini market
• 24-hour convenience store
• Cafeteria
• Salon
• Jogging track
• Playground

Market Trends

Analysis

Arena Green in Bukit Jalil is without a doubt a development that comprises of affordable apartments with lots of modern facilities to cater for lower-to-mid market buyers such as first home investors. It is strategically located within close proximity to variety of conveniences within walking distance in its surrounding environment.

In terms of convenience, there are numerous amenities to be found nearby Arena Green which include schools, convenient stores, within reach of Bandar Baru Seri Petaling that provides 24 hours food stalls, night markets, petrol station, shopping malls and hypermarkets, public transport provided by Rapid KL buses and also walking distance to Bukit Jalil LRT station.

Arena Green comes with easy accessibility from the numerous highways leading to this place and connecting it to the city centre or other destinations like Bandar Sunway, Subang Jaya, Petaling Jaya or Shah Alam.

SCOTT SOHO 20th Floor open for sale now.

Only 18 units available.

Scott Garden, (scott soho) currently the 20th floor is open for sale. 

available unit(s) are 775 sqft  RM and 1399 sqft (corner unit) RM 

• 8% discount + 3% discount
• 2 % booking fee
• 5 lift per tower
• free induction cooker hob and hood
• free kitchen cabinet
• free designer grille and wooden door at main entrance to unit
• free 1 car park
• free SPA ( Sales and Purchase agreement )
• free 2 unit air conditioner
• swimming pool
• bbq area
• landscaping 
• 20 ft height every unit from ground to ceiling
• every unit is a duplex unit
• maintenance 0.165 cents per sqft    

Koi Kinrara Penthouse For Sale with a Good Bargain!! Zero Entry?

For a limited time the developer offers :

• 10% rebate on every unit
• RM 5000 booking fee ( **will be refunded upon loan approval )
• built in kitchen cabinet
• built in wardrobe
• 2 carparks  ( **for 3163 sqft addition carpark can be request @ RM 15, 000 )
• Free SPA

** terms and conditions applies.

Koi Kinrara is a modern living concept. It is a place where one can enjoy the soothing peace and quiet of the great nature while backing themselves in the air of modernity and contemporary living. Koi Kinrara offers its residents full condominium facilities and features a one of a kind landscape design. Its strategic and excellent location in the heart of Puchong, one of the fastest growing township in Malaysia, makes it a perfect place for modern, nature loving people.

The outstanding security in Koi Kinrara ensures that the residents can have a good night's sleep every night. Dedicated security personnel patrol the grounds 24 hours around the clock. CCTV cameras are installed at various locations for added security. In addition, a 2-tier security is provided on the ground floor's lift lobby at every block. Last but not least, a guard house at the entrance ensures that the vicinity is free from unnecessary visitors and intruders.

Koi Kinrara is located in the heart of Puchong Jaya, where all the fun, conveniences & activities are found.

~ Schools / University - Taylors College & Binary University College
~ Clinics / Hospitals - Sunway Medical Centre & Colombia Hospital
~ Major hypermarkets - Tesco & Giant
~ Golf Club - Kinrara Golf Club & Bukit Jalil Golf Club
~ Shopping Centres - IOI Mall, Jaya Jusco & Sunway Pyramid

~ Lebuhraya Damansara-Puchong (LDP)
~ Lebuhraya Shah Alam (KESAS Highway)
~ Lebuhraya Utara Selatan (Elite Highway)
~ Lebuhraya Pantai Baru (NPE Highway)
Koi Kinrara club house has an excellent array of facilities & services awaits to pamper and cater to the residents.

Clubhouse Services

~ Cafeteria & restaurant
~ Retail shops
~ Mini market services
~ Laundry
~ Mini reading room

For further inquiries or viewing please contact :

C.L. Ng  012 - 959 0148

1st part of SG. Besi airport good news

Parts of the old Sungai Besi airport site will be used for property development as part of the government’s quality housing programme, said Prime Minister Datuk Seri Najib Tun Razak.

1Malaysia Development Bhd (1MDB) is tasked to develop the land after the airport is closed.  

“A certain portion of the land will be used for quality affordable housing for the rakyat,” he said at One FM interview on 23 June.

The government-owned development company acquired the land site, which it plans to develop into a commercial, residential and recreational area called Bandar Malaysia.

PM Najib said the housing programme, called Perumahan Rakyat 1Malaysia (Prima), will offer homes at discount value, as part of an effort to provide affordable housing.  

Sime Darby, SP Setia, Putrajaya Corporation and other property developers had been invited to participate in the programme. He pointed out that the development will be conducted under a social business model.

“The developers are not there to make money but to provide quality affordable housing,” said PM Najib. 

“They have to present their business model and costing and we will do an analysis to make sure they don’t make but don’t lose money either.”

He also recommends that home buyers take advantage of the government’s My First Home (MFH) scheme with its 100 percent financing home loan programme. 
 
Prima is expected to be launched in July, said PM Najib.

Analysts have said that those who expect property prices to ease soon should rethink their assumptions.


“Against the backdrop of rising inflationary pressure, we believe that home prices cannot afford to stay at the current level owing to rising land cost and cost of raw materials,” said Tan Kam Meng, a Senior Analyst at TA Securities Holdings Bhd (TA Securities), in a report by The Borneo Post.


“Such outlook is underpinned by the accommodative mortgage rate at 4.4 percent, as well as the higher living standard on the back of rising affluence of Malaysian population which in turn, would encourage buyers to switch to properties that offer security such as those in gated and guarded communities and smart home features,” he said.


For Q1 2011, sales of residential properties in major cities climbed 9.7 percent year-on-year to 34,659 units, led by Johor, Penang and Selangor.


The total value transacted in these major cities grew at a faster pace in the first quarter than total transactions, a sign that the mix of product was favouring the high-end segment.


“From January to March, total transactions done at the RM500,000-RM1 million per unit, and those less than RM1 million per unit rose by 0.8 percentage point (ppt) and 0.3ppts, respectively; against the previous year’s corresponding period,” said Tan.


Correspondingly, bigger developers maintained an optimistic outlook in the market by launching new projects, particularly in Greater Kuala Lumpur.


“Longer term, the roll-out of high-impact MRT (Mass Rapid Transit) projects is expected to enhance land value and support property prices in Klang Valley. The implementation of goods and services tax (GST) in the future is expected to lift property prices higher too,” he said.


“Given the concerns over land scarcity at prime districts within the Klang Valley, we expect landbanking exercise to divert from the central of gravity (Kuala Lumpur City Centre) to Cyberjaya, Kajang and Seri Kembangan within Selangor.”


Regarding the recent announcement by Housing and Local Government Minister Datuk Chor Chee Heung about the tougher requirements for aspiring housing developers, Tan noted that the proposed guidelines will work to safeguard buyers’ interest against delayed and abandoned projects.


“It will be positive to the sector,” he said.


“To combat abandoned projects, the most effective tool is to make the ‘build-then-sell’ concept mandatory — such as the one proposed for the new housing act.”

Tranformation in Puchong? Property price rise? perhaps.... after 2014

Millennium Land Sdn Bhd will launch a RM1.5 billion mixed development called M Square, which will become Puchong’s new commercial centre and transform it into a modern township. 

Located on a 10.12 ha site, M Square features a 380,000 sq ft shopping mall situated in the podium block below the 18-storey, 255-room Hilton Garden Inn. The development also includes a 2.1 million sq ft street mall that features 13 six-storey blocks of retail and office units.

Benjamin Tan, Executive Director at Millennium Land, said the company has drawn up plans to build high-end residential units.  

“Puchong is one of the fastest growing districts in Malaysia in terms of growth especially in three key areas: population, monthly household income and commercialisation.”

“The primary catchment in Puchong reaches an estimated 420,000 people while its secondary catchment area, some 10 minutes away, reaches some 1.2 million people,” he said.

Mr. Tan said that once the project is complete, it will be the largest street mall in Malaysia, placing it in the regional mall category.

“It ties in together with today's lifestyle trend with alfresco dining and outdoor live performances amid a conducive environment.”
 
Given its size, the mall will have a diverse tenant mix and its street mall atmosphere will make it unique.  

“Our design, being modular, allows for flexibility as it does not have lift shaft in the centre like other conventional shop lots. Instead it is served by glass lifts on the exterior of the building.”
 
“For the convenience of shoppers, every block was planned to cater to specific target markets, such as a Kids' Corner, Japanese Street and Digital Centre that can take up an entire block or a large portion of it, and by itself serves as an anchor tenant,” he added.

The development is slated to commence next quarter and is expected to be completed by 2014.