Pavilion group property in @ Bukit jalil property latest news

Hope for Ho Hup now it will develop ‘Pavilion 2′ with Malton in Bukit Jalil

Mall set to be bigger than KL original, lauches due to kick off early next year.

KUALA LUMPUR: Ho Hup Construction Co Bhd is set to be profitable this year, reversing eight years of losses, in large part because it had struck a deal with Malton Bhd to co-develop the 24.28ha of land it owns in Bukit Jalil.

Malton, controlled by Datuk Desmond Lim Siew Choon, is said to be building a regional mall there dubbed “Pavilion 2” after the property tycoon’s flagship Pavilion KL on Jalan Bukit Bintang, along with other properties.

With 2 million sq ft of net lettable area (NLA), Pavilion 2 is even bigger than Pavilion KL’s 1.32 million sq ft and close to Mid Valley and the Gardens Mall’s combined 2.57 million sq ft.

Early artist’s impression of Ho Hup’s One Jalil project.

Malton is currently finalising its plans with City Hall for the 20.23ha portion of the land it is entitled to. The company may kick-start launches in the first quarter of next year, according to Ho Hup executive director Derek Wong.

The authorities have approved some nine to 10 million sq ft of NLA across the entire freehold Bukit Jalil development and a plot ratio of four, he told reporters following a shareholder’s meeting yesterday.

The development order for Ho Hup’s 4.05ha had been granted in February.

Wong said the response to initial launches of shop offices on its slice of land were well-received, with 90% sold so far, generating RM260mil in total sales.

Ho Hup’s 4.05ha is divided into Parcel A, a 2.38ha mixed project comprising offices, a hybrid mall and apartments above the mall, and Parcel B, which is purely residential. Parcel A had a gross development value (GDV) of close to RM400mil, Wong said. The potential value of Parcel B has not been finalised.

Parcel B is slated to be launched in the first quarter of next year. Although the details have yet to be concluded, the condominium would tentatively be 15 to 18 storeys high, with units ranging from 600 sq ft to 1,000 sq ft and eight to 10 units per floor, Wong said.

He added that Ho Hup did not plan to revalue its Bukit Jalil land, considered its most crucial asset, which was carried at a net book value of RM144.23mil. The land was acquired in 1995 at a cost of about RM30 per sq ft.

Early archived master plan of Ho Hup’s One Jalil project, now likely obsolete.

Meanwhile, Wong said the firm was on track to complete its regularisation exercise by September or October, and would thereafter seek to exit the PN17 category for financially distressed companies by mid-next year.

It had received the regulator’s nod for its restructuring on May 13 and can only apply to be uplifted from PN17 after showing two consecutive quarters of profit upon the completion of the regularisation. The regularisation exercise involves a capital reduction, a rights issue of loan stocks with free detachable warrants and a scheme to repay its creditors.

“Most of our creditors are agreeable to the debt restructuring. It’s a good deal because they don’t have to take a haircut and are getting either shares or cash.

“Ho Hup has been profitable for three quarters in a row now. All our business units are performing up to expectations,” Wong said.

Malaysia Haze attack

                 Indonesia says sorry for haze in Malaysia, Singapore


The Indonesian government apologised for the haze in 

Malaysia and Singapore that was caused by forest and 

peatland fires in Sumatra, according to President Susilo 

Bambang Yudhoyono.

“As the president, I apologise for what has happened and 

hope for understanding from our friends in Singapore and 

Malaysia. For sure, what has taken place is not on purpose,” 

he told reporters yesterday.

As of today, Indonesian areas affected by fires such as Riau, 

Jambi and Bengkulu have been declared as districts under 

disaster emergency. Authorities have also deployed all the 

manpower it can muster to combat the calamity.Yudhoyono also promised that Indonesia would put out 

every fire in Sumatra with the help of cloud-seeding planes 

and fire-fighting personnel including those from the armed 

forces.

Moreover, the President also reprimanded several 

Indonesian government officials for revealing the names of 

plantation companies that allegedly started the fires.“From what I monitor daily, there were statements made by 

some officials which according to me should not have been 

delivered as such,” he noted.

“Even if the companies were negligent, it is not necessary to 

name them. Or the fact that they are owned by our 

neighbouring countries. What is more important now is to 

focus on overcoming the fire disaster that has dragged on 

for a week,” he added.

As of yesterday, visibility in Kuala Lumpur remained poor due 

to the haze. The government also suspended classes in the 

capital and in Selangor. In contrast, air quality in Singapore 

improved thanks to a change in the wind direction.

KVMRT PROCESSING

The underground works for the Klang Valley Mass Rapid Transit (KVMRT) project is 30 percent complete as of mid-June, according to Satpal S. Bhogal, Project Director at MMC-Gamuda KVMRT (T) Sdn Bhd (MGKT).

At present, the company is “undertaking the largest package worth RM8.28 billion covering 9.5km of underground works,” he said. The underground works involve the tunnelling of seven subterranean stations, including their exits, entries and ventilation shafts.

“A total of 10 tunnel boring machines (TBM) will be used to excavate the twin-bored tunnels for the MRT Sungai Buloh-Kajang Line. All these machines will be running simultaneously by 2014.”

To date, MGKT is operating two TBMs; one near the Semantan Station at the Semantan North Portal, while the other is at the Cochrane Station. On the other hand, the remaining machines are awaiting delivery, or are still being built.

To tackle different soil conditions, the company will also use two kinds of TBMs, namely the Variable Density Slurry (VD) and the Earth Pressure Balance (EPB).

“Among the challenges we have to manage with the underground works is tunnelling through karstic limestone ground. Karstic limestone has soil of varying densities from hard rock to water-filled caverns. Other challenges are underground pipes and traffic density in the city,” explained Project manager Gus Klados.

“A lot of the pipes in the city are located underground, but there is no detailed map to indicate its location or alignment. Hence, we have to constantly find out what is underneath and relocate the pipes where necessary.”

 

The tunnelling works started in May 2013 and is expected to end in October 2014, while the entire KVMRT project will likely be completed by July 2017. 

The seven stations of the MRT Sungai Buloh-Kajang Line are Maluri, Merdeka, Cochrane, KL Sentral, Pasar Seni, Pasar Rakyat and Bukit Bintang

Rawang Property @ New Living Style , Play style , Gated Guarded Style in Anggun

**** Anggun 2 for SALE ****

* Brand NEW Semi-D
* good environment & location
* NICE, MODERN & SPACIOUS DESIGN


Anggun 2 is a luxurious and exclusive property located walking distance to Aeon Rawang, just 3 minutes drive from the Rawang interchange and a mere 2km from the Rawang.

-24-hour Gate & Guard security
-3minutes to AEON/JUSCO, SJK(C)Kota Emerald
-3minutes McDonald 24hours
-8minutes to Rawang Toll

Coming soon :
- 3sty shop mall like SUNWAY GIZA MALL(Under construction)
- International School (Tenby School)
- Enhance Main Road (Jln Batu Arang) 2 lanes to 4 lanes.

Asses:
- Chinese School, Aeon/Jusco Shopping Mall, McDonald
- Best-planed township in Rawang.
- Children playground, Recreation Park and Lake Side for leisure.
- Near to Banks, Plus Highway,
- Latar Highway, and Guthrie Highway,...

Come with facilities:
1)Grand Entrance Signage
2)Grand Entrance Water Feature
3)1 Acre Park, Landscape With Water Feature
4)Green Lawns
5)2.3m Height Security Perimeter Fencing And/Or Wall
6)Guard House & Equipment
7)Security Control Room & Equipment
8)Visitor's Car Park At Central Park
9)Vehicles Access And Barrier System
10)Children Playground
11)Green Street Concept

- 2685 sqft
- 40X75
- 5rooms 5 bathrooms
- Unfurnished
- Freehold

http://www.youtube.com/watch?v=WzyISV0nXd4

Anggun @

KL MyHabitat @ High End Condor In Kl City

Apt for sale : - 
My Habitat service apt. (Next to Hotel Double Tree) 
Level 12. Size 883sf 1+1R c/w Fully furnished. 
Tenanted - RM 3,500 
till June 2014. (Indian Expat work for Am Back ) 
Asking price RM920psf (below market value)

MyHabitat, KLCC

myHabitat (also known as myHabitat1 or myHabitat2) is a serviced residence nestled along Jalan Tun Razak in KL city centre. It sits on a freehold commercial land right next to Empire Tower, Crown Princess Hotel and City Square Centre.

myHabitat is the last piece of property development on the small oasis along Jalan Tun Razak and Jalan Aman, developed by AP Land. It comes with two 38-storey blocks, famously known as myHabitat1 or myHabitat2, with a total of 304 units, of which eight are penthouses. Tower 1 comprises of 168 units with built-up ranging from 883 to 4,983 sf.

myHabitat was launched from RM1,035,000, and is scheduled to be completed at the end of July 2008. Whereas, Tower 2 comprises of 215 units of small and medium sizes with 15 designs to choose from including penthouse. Studio units are sized between 603 and 1,141 sf, and was launched from RM725,504 for 603 sf unit.

There is one lift that serves two units per floor, while corner units or units on premium floors are served by private lift lobby. In terms of security, myHabitat features 24-hour security with access to all entrances and lifts, as well as an audio and video intercom system. There are only 4 units per zone, and they are served by 2 lifts which equipped with card access system. All units face open KL city skyline and Titiwangsa lake Gardens.

Plenty of amenities can be found nearby the serviced residence, mostly are just within few minutes of walking distance. Just next to it is City Square Centre which is currently under renovation. Plus, Ampang Park Shopping Centre is just across the street and other prime shopping malls such as Suria KLCC and Pavilion are just 5-minute away by driving.

The nearest international schools are Fairview International School and Sayfol International School. Also, there are several embassies residing nearby such as US, British, French and Singapore.

LAST UNIT AVAILABLE in Bukit Jalil Golf Club @ Pavilion 2 project

Last Unit for Available 

Block A , 09

1339 SF /650PSF

Dual Key concept 

Rebate 7+3%

Please call 0129133270 to 

appointment 

Home & Lifestyle Concept

Idea & Conception

Residents will feel truly at home here, where every space is a combination of timeless design and modern-day luxury. Besides the spacious sophistication, it’s also convenient to incorporate outdoor activities into your daily routine, as every lifestyle facility is easily available.

Green Building Index

Achieving the GBI Silver level

We aspire to achieve the Green Building Index (GBI) Provisional Silver Certification. To achieve our lofty ambition for an even more eco-friendly way of life, Twin Arkz ensures the reduction of impact on the environment and health through better design, construction, operation and maintenance.

The Show Rooms

The Concept 

http://vimeo.com/55494891