Happy New Year 2011

May this year of 2011 be

A Year of  Health and Happiness

A Year of  Wealth and Wisdom

A Year of  Peace and Prosperity

And also a  Year of  Love and Laughter!

Happy New Year 2011

Pedestrian Walkway Gate at Main entrance

After the long wait, the plan of installing the pedestrian walkway gate is finally up. With the CCTV installation recently, JMB had gone further in improving the security of Changkat View Condo. For your information, this gate is locked and only can be opened by the security personnel. So guess what, all residents/owners (pedestrian) are supposed to bring their resident card along when entering/exiting the main entrance. Be prepared to be checked by the security personnel. 

And all walk in visitors will be registered before they're allow to enter through the gate. Again, kudos to JMB of Changkat View Condo for their hardworks!

Merry Christmas and Happy New Year

May this Christmas be bright and cheerful and may the New Year begin on a prosperous note! 

Merry Christmas and Happy New Year!

CCTV installed at entrance

It has been a while i post up updates on CV. Few days ago, i made trip around CV and took this photos. For the extra security in Changkat View condo, few extra CCTV had installed and are in function. I think the purpose is obvious whereby all drivers will be captured by the CCTV when entering CV compound. 

And bear in mind, as for now, the left lane is meant for residents and right lane is for visitors.

Najib wants MRT project to take off by July

Here are some info I gathered. News on the plan, click here Greater KL

These are the proposed location MRT station. But i cant verify it.

1.Green Line (To East)

Sungai Boluh - Kepong - JinJang - Ipoh Road - ChawKit - KL City - Cheras Maluri - Connought - Kajang

2. Red Line (To West)
Sungai Buloh - Kota Damansara - Mutiara Damansara - Damansara - KL City - Cheras West (Orkit Height) - Balakong - Sri Kembangan

3. (KL City Circle Line)
5km radius in KL City, include Golden Triangle - KL Sentral - Bangsar - Midvalley - UM - Hartamas, etc

 

Car Park For Rent (December 2010)

Car park 1
Rental: RM150/month
Location : level LG
Advance payment: 1 year

Available December 2010

Car Park 2
Rental: RM 100/month
Location: Level 2
Advance payment: 6 month
Available December 2010

For those who interested, kindly email at changkatview.kl@gmail.com.

Solaris On The Park

I found this piece of info which i think its worth to share with all of you. The photo is courtesy of http://www.myrealestate.com.my/. It is quite shocking to know that actually Sunrise got another big project coming soon located beside the National Mosque KL. We have to admit that, the size of the land is not big for this proposed plan but nevertheless Sunrise is good in creating value on their project.

Click on the to get the actual site here Solaris on The Park Solaris On The Park proposed site. With the developement of NAZA Matrade, these both huge project will definitely increase more commercial activities in dutamas and drawing more crowd (investor) to this area. With that, the ultimate outcome will be the huge potential of nearby residential area.


Following are the proposed Solaris Dutamas Phase 2, Kuala Lumpur:
1) 2 blocks of 30-storey office towers
2) 2 blocks of 6-storey shop offices
3) 2 blocks of 8 to 12-storey shop office
4) 3 blocks of 10-12 storey service apartment
5) 1 block of 5 storey shopping mall
Client: Ibarat Duta Sdn Bhd ( Sunrise Berhad )
Project Cost: RM1.3 Billion

Happy Diwali

Diwali is the festival of lights and celebration. Spread the festive spirit among your friends, family, acquaintances, neighbour and loved ones with our warm blessing.

Happy Diwali! 

Plenitude to see RM400m in projects by FY2011

By Racheal Lee of The Edge Malaysia
Thursday, 28 October 2010 10:28

KUALA LUMPUR: Property developer Plenitude Bhd planned to launch seven projects — valued at about RM400 million in total — in its financial year ending June 30, 2011 (FY2011).

Speaking to a press conference on Thursday, Oct 28, chairman Elsie Chua said the launches were located at Taman Desa Tebrau in Johor, Taman Putra Prima in Selangor, Bandar Perdana and Lot 88 Perdana Heights in Sungai Petani. They are a mix of residential and commercial developments of landed and high-rise properties.

However, Chua declined to reveal the exact launching date.

"Everybody said the market is good, and there are many purchasers. It is a good sign, but many people forecast that 2012/2013 won't be a good period because the downturn will come again. This coming year is picking up, and it has been good since the beginning of this year," she added.

Plenitude currently has projects in Johor Bahru, Puchong, Sg Petani and Kuala Lumpur, with main developments being affordable houses, which pricing benchmark varies depending on locations.

Over the next two years, the developer will roll out the construction of a new township project in Balik Pulau in Penang, on a 52.63-acre freehold plot it recently acquired for RM40.12 million. As the company's first township in Penang, the mixed development has a gross development value of RM230 million and will comprise terrace houses, superlink homes and a neighbourhood commercial centre.

The company has an annual earnings and net profit growth target of 5% to 10%, which Chua said has been the trend for the past 10 years. She expects FY2011 to see similar growth, sustained by its ongoing township developments. Its dividend policy is 20% to 25% of its net profit.

Plenitude's net cash position now stands at RM325 million, and it is looking to acquire more landbanks in Klang Valley for both township and niche developments. Currently, the developer has a landbank of 1,800 acres, which can last for at least 10 years.

Plenitude has also been looking for overseas projects in countries like Vietnam, Cambodia and Laos but nothing is concrete.

PM to launch majestic Matrade project in Nov

 More interesting news to share with interesting photo...

Article by CT Print
Courtesy of TnT Exclusive

News that the Naza brothers are to finalize their exit from Jetson soon (Star, Thurs 23 Sept) is poised to set the property-construction industry ablaze with excitement as expectations rise that Naza-TTDI is now able to finally set a date for the launch of the megalith and magical MATRADE project.

Sources have told us at TnT that the Prime Minister himself has consented to a date in November for the launch event of the year.

We are placing a wager that the momentous event will be held on Thursday, the 11th of November.

The MATRADE development will see the Naza-TTDI undertaking the construction, including planning and design, of an RM800 million expo centre off Jalan Duta, which will include world-class infrastructure to take in the biggest and longest exhibitions anyone dares to organize.

The project will also include construction of several mega-towers on an 63 acre land that was swapped with the government under of the largest of PFI (private financed initiative) deals.

This week's Pemandu road show confirms that part of the so-called greater KL redevelopment will include MATRADE, the US$5 billion Sungai Besi redevelopment projects, and the RM10 billion UDA-led Pudu redevelopment. This is in addition to the 1 Malaysia Financial District that is to take shape around the Jalan Imbi-Tun Razak area, which used to house colonial era government quarters. The 1MFD is to complement the Sungai Besi development, and Tnt has been made to understand that it will be the most likely project to launch as early as next year after Matrade.

These projects are the first under the government's RM1.3 trillion or US$444 billion Economic Transformation Program that will see Malaysia achieved developed status by year 2020.

Under our radar for some time now, the next Taikor (look out for our Taikor watch) and his sibling could be our own ‘boys to men’ fairy tale. Having had to take over the reigns of Naza on the premature demise of the family patron Tan Sri Nasimuddin Amin, the brothers are finally carving their own niches.

The MATRADE project is a major addition to the Naza-TTDI's on-going Platinum Park Project along one of KL’s most expensive realty, Jalan Stonor. The ground-breaking ceremony for the Platinum project was also officiated by Prime Minister Mohd Najib Tun Abdul Razak

The two Naza brothers have along the way acquired a 33% stake in Jetson (Kumpulan Jetson Berhad) in a move analysts and market observers saw as a statement of intent by the brothers to start making their mark. They had bought their shares ion Jetson from the company's co-founders - Isnin Rahim (then chairman and executive director) and brothers Teh (group managing director) and Tee Keng Kok (executive director), among others.

According to sources quoted by the Star, the Naza brothers decided to exit Jetson in view of some "unsettled financial issues" facing Jetson. It was learned that the brothers have been approached by suitors hoping to take Jetson's place. Among them are foreign players.

Meanwhile, the industry will also be celebrating UDA's 40th anniversary (next year) with a big bang. The redevelopment of the former Pudu Jail site by UDA will herald the return of the entity that was behind the development of Bukit Bintang and the sprawling Bandar Tun Hussein.

UDA was launched in 1971 by Tun Abdul Razak, and is currently under Chairman Datuk Nur Jazlan Mohamed, son of former Information Minister Tan Sri Mohamed Rahmat, a well supported man in UMNO.

The former Pudu Jail site, along with the Sungai Besi Airbase, slated for urban renewal under 1 Malaysia Development Berhad will certainly create a greater landscape that is set to propel KL further. 1MDB is headed by CEO Shahrol Azral, the son of a fireman who rose through the ranks from his days as an executive partner in the dynamic Accenture group.

The one thing that stands out in this greater Kl expansion is that it is spearheaded by young capable Malaysians, and the future it brings along with it makes it all the more interesting for us to keep watch on.