iProperty.com Home & Property Investment Fair: Mid Valley!


Whenever I get to talk to a prospective home buyer through our Dealmatcher service, I like to ask her: “Are you going to buy soon?” These days, I usually get the following four answers: “wait and see”, “tengok dulu”, 前, and முதல் பார்க்க.

Is that the right attitude to have – just “wait and see”? The truth is that the property market won’t stay cold forever. And as investor extraordaire Barbara Cochran once said (I paraphrase), “When the real estate comes back, it comes back up like gangbusters.” It’s just a matter of time, folks.

Smart investors know that they’ll need to be ahead of the curve so that when the market picks up, they’ll be the first to pull the trigger and make their gobs of profits before everyone else. As such, the smart thing to do is to use this “downtime” to put your ear to the ground and examine the opportunities that come your way more closely. And what better way to do this than to hit the latest iProperty.com expo?

June 17th – 19th: Mark Your Calendar!

The upcoming iProperty.com’s Home and Property Investment at the Mid Valley Exhibition Centre (June 17th to 19th) is shaping up to be one of the biggest property shows in the country this year. With some 22 exhibitors, numerous free seminars, activities and lucky draws with generous prizes, it’s promising to be a rather fab affair.

My favourite feature of any iProperty.com expo has got to be its seminars – the folks at iProperty.com seem to have this uncanny ability to get the best brains in Malaysia property at one place to share their knowledge and insights for free. Get a load of this –

June 17th (Friday)

2:30 - 3:15pm

Watch List & Wishlists Every Property Investor Should KnowAlan Poon
Founder of Superior Wealth Mastery
3.30 - 4.15pmShould We Wait Or Is It Time To Go In The Market?Khairudin Ya’cob
Senior Manager of Ho Chin Soon Research Sdn Bhd
4.30 - 5.15pmTop 5 Feng Shui Tips in Buying Your PropertiesDr. Ivan Ho Chun Wai
Founder of Ivan Ho Affinity Consulting
5.30 - 6.15pmHow Fixed Home Loans Can Help You Save Money And Give You Better Returns On Investment
Chang June Sim
Head of Mortgage Ops, AIA

Pauline Teoh
Life Planner
6.30 - 7.15pmHow To Use PILC Investment Strategies During Property Most Challenging PeriodMaxshangkar
Founder & CEO of Max Capital Management Holding Ltd

June 18th (Saturday)

1.00 - 1.15pmTips For Gen Ys Buying Their First Property in Kuala LumpurKhalil Adis
Founder of Khalil Adis Consultancy
1.30 - 2.15pmBuying Property With No Money Down: Myth or Fact?Kaygarn Tan
Founder of Freemind Works
2.30 - 3.15pm
Size Up Your Property Return With Bank, Law & TaxChris Tan
Managing Partner of Chur Associates
3:30 - 4:15pm

Making Money vs Investing In Property: Which Should Be Your Priority?
Alan Poon
Founder of Superior Wealth Mastery
4.30 - 5.15pmThe Ultimate Guide Of Refinancing

Gary Chua
CEO of Smart Financing
5.30 - 6.15pm2016, Crisis Year Or A Recovery Year?Faizul Ridzuan
Founder of FAR Capital Sdn Bhd & Best Selling Author
6.30 - 7.15pmEasy Steps To Secure A Loan ApplicationLooi MunGoon
Director, GM Training Academy PLT

June 19th (Sunday)

2.15 - 3.00pmMalaysia Properties Now And Tomorrow. Propenomy Tips for Smart InvestorsDr. Daniele Gambero
CEO and co-founder of strategic marketing consultancy firm REI Group of Companies
3.30 - 5.15pmMillionaire Forum -
Property Investment In General
Gary Chua
CEO of SMART Financing

Ridhuan Md Desa
Director of IW Properties Sdn Bhd

William Tan
Millionaire Property Investor

Pamela Yap
Millionaire Property Investor
5.30 - 6.15pmEconomic Outlook in Turbulent TimesShan Saeed
Chief Economist & Investment Strategist of IQI Holdings
6.30 - 7.15pm2016 H1 Market Sentiment Review

Alexander Woo
Vice President of Financial Education, IQI Holdings

In addition to the seminars, there is a Millionaire Forum which is open to those with Platinum credit cards only.

Of course, the exhibitor booths is always the key highlight of any iProperty.com expo – watch out for new launches as well as special offers, discounts and packages. If you’re to make a booking at the expo, then you’ll be eligible for a special lucky draw (to take place on Sunday, June 19th at 7.30pm).

Here are the activities in store for you – there’s fun and frolic for the entire family, and then some –

  • Free sand art for kids
  • Daily lucky draws (here are some prizes: iPad Air 2, Samsung 40” LED TV, air fryers, fans, power banks, blenders) – thrice every day at 3.15pm, 5.15pm and 7.15pm.
  • Snap, Tag & Win – Locate the iProperty.com expo and answer a simple question. Snap a photo of George the Monkey and upload it either on Facebook or Instagram. Tag @iProperty.com Malaysia on Facebook and @myiproperty on Instagram with the hashtag #ipropertyexpo and stand a chance to win exciting prizes.
  • Download & Win – Download the new iProperty.com Android app here. Locate the iProperty.com booth and show off the downloaded app on your phone. Stand to win the “George the Monkey” toy!

Admission to the expo, as always, is free. The ROI on your time is absolutely no-brainer, folks. Go!

Sime Darby Property’s Lifestyle@9 : Negeri Sembilan In The Limelight

Here at GoodPlace we have been rather bullish about the fringe areas outside the Klang Valley for two reasons:-

  1. Prices of property in the Kuala Lumpur city and prime suburbs like Petaling Jaya have remained stubbornly high despite a slowdown in buyer demand, and
  2. Shortage of development land in the city and the suburbs means that new projects often skimp on space and amenities.

New projects outside the Klang Valley, in comparison, are usually unencumbered by area limitations – which means that new townships can be thoughtfully planned without having to scrimp on features and amenities due to lack of space. Also, prices of houses in these townships are also much more competitive at about 30-60% cheaper than comparable homes in the Kuala Lumpur city.

Sime Darby PropertyFor these reasons, places like Rawang, Semenyih, Seri Kembangan, Serdang, Cyberjaya, Putrajaya and Sepang have received lots of publicity with the influx of major developers launching new projects in those areas. Sime Darby Property has taken an even bolder step to venture further south into Negeri Sembilan with the development of four townships in Seremban and Nilai: Chemara Hills, Bandar Ainsdale, Planters’ Haven and Nilai Impian.

Why Negeri Sembilan?

Back in the days when I was working at DHL, Jeffrey was my colleague who would travel everyday from Seremban to our office in Menara Telekom off the Federal Highway near Midvalley Megamall. One day I asked him if it was worth the hassle, and his answer was an enthusiastic “heck, yes!” To Jeff, the extra commute was well compensated with a bigger home and a conducive living environment for his kids.

There’s a general perception that Negeri Sembilan seems a little out of the way, but the distance is not really that unmanageable – I suggest that you take a drive to Seremban one of these weekends and see for yourself. And of course, if you’re running an Internet lifestyle business like me then this issue of distance is pretty much a non-starter. 🙂

Nilai Impian and Bandar Ainsdale are both directly accessible via the North-South Expressway. Chemara Hills is near the old Seremban exit on the North-South Expressway. Take a scenic route along Jalan Labu from any of the above interchanges and you will reach the awe-inspiring orchard bungalow estates of Planter’s Haven.

Sime Darby Negeri Sembilan townships map

Click here for a bigger map

Chemara Hills

Chemara Hills

Reputed to be the most prestigious address in Seremban, Chemara Hills sit on elevated ground, providing breathtaking view for its residents. Spanning more than 43 acres, this exclusive guarded development features spacious, low density homes with choices from 2-storey superlinks, 3-storey semi-detached homes and bungalows.

Located inside the Seremban town, Chemara Hills is accessible via the North South Expressway, the Seremban Middle Ring Road (MRRS) and the Kajang-Seremban highway (LEKAS). Both the KTM Komuter station and the Seremban Bus Terminal are less than 2km away.

Chemara Hills is a freehold development.

Total Acreage43.68 acres
Accessibility• North-South Expressway (NSE)
• Kajang-Seremban Highway (LEKAS)
• Seremban Middle Ring Road (MRRS)
Amenities• Seremban Town
• Seremban Bus Terminal/Terminal 1 Shopping Centre
• KTM Komuter Station
• Palm Mall
• Tesco Extra Hypermarket
• AEON Shopping Mall
• Seremban Parade
Security Features• Guarded with 24-hour security services
• Single exit and entry
• Perimeter fencing surrounding the development
Medical CentresKPJ Seremban Specialist

Bandar Ainsdale

Bandar Ainsdale

As the new gateway to Seremban at merely 5km from the town, Bandar Ainsdale is a 562-acre freehold development consisting of residential homes, shop offices and commercial spaces. Choices include double storey houses, apartment units as well as commercial lots and shops.

The residential homes are wired with high speed broadband service starting from 22Mbps which is offered free to buyers for the first two years.

The new Bandar Ainsdale interchange makes this township easily accessible directly from the North South expressway. Also, there are plans to build a new KTM Komuter station which is just alongside this township.

Total Acreage562 acres
Land TenureFreehold
Accessibility• North South Expressway
• ELITE Highway
Amenities• Green Parks
• Schools
• Commercial Areas
• Police Station
• Public Library
• Surau
• Mosque
• Community Hall
• Children’s Playground
• KTMB Station
Security FeaturesGuarded Community Development
Medical CentresColumbia Hospital

Nilai Impian

Nilai Impian

Nilai Impian, also known as its moniker the “Lake Garden Township” spans some 1,808 acres of freehold land. Wellness is a central theme of this township with an abundance of green features such as open parks, lush woodlands, and beautifully landscaped lakes.

Nilai Impian is accessible via the North South Expressway, the Kajang-Seremban Highway (LEKAS) as well as the North South Expressway Central Link (ELITE). The Batang Benar KTM Komuter Station is within close distance.

Total Acreage1,808 acres
Accessibility• North South Expressway
• North South Expressway Central link (ELITE)
• Kajang- Seremban Highway (LEKAS)
Amenities• Hypermarkets such as Giant, Tesco
• Nilai 3 Wholesale Centre
• Batang Benar KTM Komuter Station
Education Institutes• Universiti Sains Islam Malaysia (USIM)
• INTI International University
Medical CentresNCI Hospital

Interested? Here’s What To Do Next

This advertorial is published in support of Sime Darby Property’s Lifestyle@9 campaign to drive buyer awareness of the developer’s townships in Negeri Sembilan. For more information on these townships, go to their official website at http://www.simedarbyproperty.com/lifestyleat9 where you can also register your interest.

iProperty.com’s Home & Property Investment Fair – Next Stop: KLCC!

iProperty KLCC show

Let’s face it – the go-go years of the bull run are no more. When times are good, any Ali, Muthu and Ah Chong can make money – since as the old cliche goes, a rising tide floats all boats. These days, if you want to make it in the property market then you’ve really got to bring your A-game.

The savviest investors know and appreciate the importance of keeping their ears to the ground. This is especially crucial now when there has been so many changes in the property market recently. The affordability problem is getting worse, developers are scaling back their new launches, loan rejection rate hitting its all-time high… keeping up with latest happenings can be a pain in the proverbial rump.

To gain yourself an edge in the property investment game, you can either diligently comb through the papers everyday to look out for property news (not that smart), or wait for your weekly issue of GoodPlace Digest to hit your email inbox every Wednesday morning (quite smart). Even better, I recommend that you spare an afternoon or two at the upcoming iProperty.com’s expo – there, you can get a braindump of everything important that you need to know about Malaysia property today, and like the best things in life, it’s free! Woohoo!

The iProperty.com Home and Property Investment Fair will be held at the Kuala Lumpur Convention Centre on April 22nd till 24th, from 11am to 8pm daily. My favourite part of these iProperty.com expos has always been the seminars (where do you think I get the content for my blog to plagiarize from? *cough*), and the speaker lineup is not too shabby –

April 22nd (Friday)

11.45 - 12.30pmAustralian Intelligent Property, Top Trend For 2016
Neil Manning
Australian Property Expert
Bwealthy Property
12.30 - 1.15pmGlobal Investment Trends In 2016 And The ASEAN PotentialDato’ Seri Matthew Yeoh
Managing Partner
Yeoh Mazlina & Partners
ASEAN Legal Alliance
1.30 - 2.15pm
5 Winning Steps To Secure Your Home Financing From BanksGary Chua
CEO of Smart Financing
2:30 - 3:15pm

Leveraging Feng Shui In Property Investment: Your Unfair Advantages
Dr. Ivan Ho Chun Wai
Founder of Ivan Ho Affinity Consulting

3.30 - 4.15pmExclusive Opportunity To Own A Piece Of Australia's FIRST Ritz CarltonTerence Cheung
Managing Director
Raeon International Limited
4.30 - 5.15pmTo Buy Or Not To Buy, That Is The Question. Should I Buy Now Or Should I Buy Next Year?Ahyat Ishak
CEO & Founder of
'The Strategic Property Investor'
5.30 - 6.15pmAffordable Home Ownership : Challenges & Choices For BuyersAlan Poon
Founder of Superior Wealth Mastery
6.30 - 7.15pmHow To Become A Global Property Investor Using Proven Property Investment Life Cycle (PILC) Strategies
Founder & CEO of Max Capital Management

April 23rd (Saturday)

12.30 - 1.15pmExclusive Opportunity To Own A Piece Of Australia's FIRST Ritz Carlton
Terence Cheung
Managing Director
Raeon International Limited
1.30 - 2.15pmAustralian Intelligent Property, Top Trends For 2016Dan Brandenburg
Australian Finance Expert
Bwealthy Property
2.30 - 3.15pm
Greater KL Property Data And The Years to ComeIshmael Ho
CEO of Ho Chin Soon Research
3:30 - 4:15pm

It Is Buyer's Market - If Not Now... When? 
Teoh Eng Poh
General Manager of MCT Bhd
4.30 - 6.00pmMillionaire Forum
Property Investment In General
Exclusively For Platinum Credit Card Holders
(Bring along your platinum credit card for free entry)
6.30 - 7.15pmIs 2016 Going To Be A Recovery Year?Faizul Ridzuan
Founder of FAR Capital Sdn Bhd & Best Selling Author
7.15 - 8.00pmElementary Feng Shui – Assessing LandformsGary Lim

April 24th (Sunday)

12.30 - 2.00pmMillionaire Forum
Property Investment For Commercial Properties
Exclusively For Platinum Credit Card Holders
(Bring along your platinum credit card for free entry)
2.00 - 5.00pmSpecial Event - Book Launch
Dying with Massive Debt by Adrian Wee
Property Buying for Gen Y by Khalil Adis 
Malaysian Propenomy by  Dr.Daniele Gambero 
Smart Properties Investors Know the Law by Elizabeth Siew
5.00 - 5.45pmKlang Valley Southern Corridor, The Future Property GoldmineDr. Daniele Gambero
CEO and co-founder
of strategic marketing consultancy firm REI Group of Companies
6.00 - 6.30pmSpecial Event – The Launching of Mastery Asia Mobile Learning

So you’ve attended the seminars, and your brain is brimming with knowledge and property investment ideas. Is it then time to go home? Well, not quite. There’s enough activities elsewhere in the expo to keep you entertained for at least a couple of hours before your ADHD kicks in –

  • Snap, Tag & Win: locate the photo booth, snap a selfie of George the Monkey, post on Facebook or Instagram, tag iPropertyMY with hashtag #georgethemonkey and get a prize
  • Monkey & Ladder: a ridiculously engaging game with lots of prizes to be won
  • Daily lucky draws: go to Hall 1 (3.30pm & 7.15pm)
  • An exclusive lucky draw only for buyers
  • Sand art for the kids (free!)
  • Preview of the Towers at Elizabeth Quay (Perth). More details can be found at the iProperty international booth inside the event hall, or alternatively, go here.

And most importantly, go check out the developer booths, marvel at their cutesy miniature model houses, befriend their impossibly affable sales personnel and collect their fabulously glitzy brochures for your bedtime reading. Don’t forget to bring along your cheque book, too – to paraphrase U2, this time you may well find that one elusive property that you have been looking for all your life. Serendipity, baby.

See you there!

iProperty’s Home & Property Investment Fair: Mark Your Calendar!

As far as local property shows go, the iProperty.com Expo has got to be king of the hill. While many other shows have become rather meh over the years, the folks at iProperty.com have been upping the ante with bigger and better booths, talks, contests… everything. The upcoming show at the Mid Valley Exhibition Centre  promises to be a rather fab affair with snazzy developer showcases, mini property expert seminars, generous giveaways and lucky draws spread out over three days (January 22nd – 24th – mark your calendar!).

Win A Brand New Nissan Almera…

Make a booking at the show and stand a chance to win a brand new Nissan Almera. The lucky draw will take place within 14 days from the final day of the expo. For more information and contest terms, click here.

…Or A Samsung TV…

The aforementioned Nissan Almera will be stuffed with toy monkeys and whoever with the best guess will stand to win the grand prize of a spanking new Samsung TV. There are also a host of prizes worth some RM8,000 to be won. This contest is open to all Expo visitors. For more information and contest terms, click here.

… Or iPads & Other Goodies!

Be in the running to win attractive prizes like TVs and iPads if you’re making a booking at the show. For all visitors, play our funky Monkey & Ladders giant boardgame and walk away with goodies and gifts.

To top it all, the iProperty.com Expo is also holding possibly one of the biggest congregation of experts at one place to talk about the local property outlook in 2016 – why pay $997 for a (cough) Guru seminar when you can get to hear these experts for free? A complete no-brainer if you ask me. See you there!

January 22nd (Friday)

2.30-3.15pmThe Ultimate Guide of RefinancingGary Chua, CEO of Smart Financing
3.30–4.15pmIntroduction to OUD or Gaharu Project in MalaysiaY.A.M. Tunku Dato’ Seri Shahabuddin Bin Tunku Besar Burhanuddin DK, SPTI, AO,OUD Plantation Chairman and Director
4.30-5.15pm2016 - Is It a Good Time to Invest in the Property Market?Khairudin Ya’cob, Senior Manager of Ho Chin Soon Research Sdn Bhd
5.30-6.15pmThink Global, Be A Global Real Estate InvestorMaxshangkar, Founder & CEO of Max Capital Management
6.30–7.15pmFire Up Your Property InvestmentKevin Chan, Feng Shui Consultant, CPT IPMA UK at MasteryAsia

January 23rd (Saturday)

1.15-3.15pmThe BLT Property Investment ModelYour Way Forward, Chris Tan, Managing Partner, Chur Associates, Miichael Yeoh, CEO of GM Training Academy PLT, Richard Oon, National Tax Director at TY Teoh International Penang
3.30-4.15pm2016 Malaysia Property Market Outlook: Where and What for Smart InvestorsDr. Daniele Gambero, CEO and Co-Founder of Strategic Marketing Consultancy Firm REI Group of Companies
4.30-5.15pmIt Is Buyers’ Market. If Not Now…When? Mr. Teoh, MCT
5.30-6.15pmSmart Tenant Management for Property Investors Alan Poon, Principal Strategist of Superior Wealth Mastery
6.30-7.15pmWinning Formula to Stay Ahead of The Game In Securing Financing from Banks In This Trying TimeGary Chua, CEO of Smart Financing

January 24th (Sunday)

2.15-3.00pmStrategies for 2016 – Developer vs BuyerLim Peck Tee (Patty), Sales Manager of Andaman Group
3.30-4.15pm“The Millionaire Employee” – How to do Well in Your Career and Build a Successful Property PortfolioMark Chua, Senior Vice President (SVP) in a financial institution
4.30-5.15pmIs 2016 the Year of Property Crisis? REAL Estate Lessons from 1997-98 Economic CrisisFaizul Ridzuan, Founder of FAR Capital Sdn Bhd & Best Selling Author
5.30-6.15pmReal Estate: The New Global Currency Shan Saeed, Chief Economist / Investment Strategist at IQI Group Holdings
6.30-7.15pmInvestor Sentiment 2016Alexander Woo, CEO of VIVO Capital and Vice President of Financial Education at IQI Holdings

Cendana Puncak Alam Launched By Worldwide Holdings

A double-storey terraced homes development in Puncak Alam, Selangor, dubbed the “Cendana” has been launched by its developer, Worldwide Holdings Berhad (Alami Shah Alam, Subang Bestari Shah Alam, Puncak Bestari). Valued at some RM126 million, there will be 208 units of these terrace houses built on more than ten acres of land off Jalan Batu Arang. Cendana is a leasehold project, and is expected to be completed in middle of 2016.

These terrace houses have built-up sizes ranging from 2,290 sq ft to 2,388 sq ft. Prices range from RM580,888 (intermediate) to RM1,037,888 (corner), with the same configuration throughout (3+1 bedrooms and 4 bathrooms).

Accessibility-wise, Cendana is connected to the rest of the world via the Guthrie Corridor, Jalan Kuala Selangor, the Kuala Lumpur-Kuala Selangor Expressway as well as Jalan Meru.

The Ametis

The other Worldwide Holdings Berhad projects are namely Alami and Subang Bestari (both in Shah Alam) as well as the Ametis; the latter consists if seni-detached houses with built-up areas between 3,284 sq ft and 3,743 sq ft (with five bedrooms and five bathrooms each). The Ametis is located in Bandar Pinggiran Subang, Shah Alam, and will be priced between RM1.61 million and RM2.33 million. Set for completion in the third quarter of 2016, the Ametis is accessible via the LDP and the New Klang Valley Expressway. The Saujana Golf and Country Club is nearby.

Curiously, “Cendana” is quite popular as a name for housing projects in Malaysia. The other “Cendana”s include Kiaramas Cendana in Mont Kiara and the “Cendana” on Jalan Sultan Ismail in Kuala Lumpur downtown.

Citadines Waterfront Launched In Kota Kinabalu

Ascott Ltd has launched the Citadines Waterfront in Kota Kinabalu – a 253-unit serviced apartment project with a gross development value of nearly RM100 million. Units come in different sizes from 377 sq ft (I kid you not) to 1,076 sq ft, with different layouts to choose from: studio, 1, 2 and 3 bedroom units; they all come with fully-equipped kitchens. As its namesake suggests, it faces the sea; tenants will have the luxury of waking up to the view of the South China Sea. What’s there not to like?

Facilities include a rooftop garden, a gym, swimming and wading pools as well as multi-functional rooms. Also in the development pipeline are a mall, supermarket, commercial outlets as well as offices. Nearby amenities include the KK Plaza mall as well as the Kota Kinabalu Central Market.

The Citadines Waterfront is slated to be completed in 2018.

Ascott (part of Singapore’s CapitaLand) is perhaps well known for its serviced apartments in KLCC: namely the Somerset as well as The Ascott on Jalan Pinang. According to our sources, Ascott has got plans to launch even more Sometset’s in Malaysia: in Medini Nusajaya, Johor as well as in Damansara Uptown.

Eco World Kicks Off Eco Marina Project In Penang

Eco World Development Group is planning to expand to Penang with the proposed project named “Eco Marina” on the Batu Kawan island off Seberang Prai, Penang in the “Batu Cassia” area. It has received a letter of award from the Penang Development Corporation regarding the project in the middle of April 2015. According to the details shared with the Bursa Malaysia, Eco World will buy nearly 300 acres of land for this project under a 99 year lease for RM730.93 million. Additionally, it will also lease another 150 acres of land (for 30 years) to develop a golf course and a clubhouse for some RM65 million.

Is Eco World Overpaying?

Some industry figures that we spoke to told us that Eco World might be overpaying for this land, but in our opinion they might be missing the point – it’s a savvy developer’s game to look to the future to look for upsides. This may well mean that prices of the properties will need to be set at the top range, but this is really part and parcel of the game. (Note: in terms of PSF, Eco World will be paying RM56 PSF while the past transacted prices were at about the RM30 PSF range).

Additionally, IKEA has bought some 245 acres of land on the Batu Kawan island for the development of its flagship store up north, and there’s also another integrated development township (6,400 acres!) of Bandar Cassia as announced by PDC in 2014. This area will set to boom!

Eco Marina sits on a tract of land (470 acres) which is Eco World’s third in Penang: the other two are Eco Meadows (also on Seberang Prai) and Eco Terraces (on the Penang island). Eco Meadows is an integrated project with a gross development value of more than RM900 million while Eco Terraces is a smaller project at RM340 million, consisting of landed houses, condominiums and a clubhouse. The latter is situated near Air Itam on the Penang island.

Here’s what we think: Eco World is not dubbed as “SP Setia 2.0″ for no reason. Watch their next move closely; I know I will.

Irama Wangsa, g Residence, 9 Bukit Utama


Irama Wangsa

Image source:benetonproperties.com.my

Irama Wangsa

A freehold project in Wangsa Maju by Beneton Properties (known primarily for upmarket properties like Stonor Park in KLCC and Rhombus Bangsar), Irama Wangsa is a condominium development valued at RM400 million in GDV. Sitting on a nine acre land, there are three blocks (aptly named A, B and C) housing 222, 232 and 200 units respectively.

Irama WangsaThere are a total of seven layouts for home buyers to choose from. The built-up sizes are as follows:-

  • Towers A and B – 991 sq ft to 1,400 sq ft
  • Tower C – 1,206 sq ft to 1,637 sq ft

Prices are from RM535,000 onwards, with PSF rates between RM500 to RM600.

Interestingly, Irama Wangsa is built around a small hill, and as such, it is designed to be integrated into the surrounding greenery. Facilities include a resort-style pool, an infinity pool, a “Jungle Island” pool as well as a 10,000 sq ft clubhouse which has a built-in recreational deck. There’s also a “Jungle Walk” feature as well as ample playgrounds for the young.

What We Think: Wangsa Maju may be somewhat overlooked in the recent years, but it is fast gaining traction especially among buyers in the middle tier (around the RM500,000 price point). The area is close to the city centre, and also quite self contained with sufficient amenities contained within a 5-7km radius. Many land parcels in Wangsa Maju are leasehold, but Irama Wangsa is freehold, which may be a strong pulling factor. Rhombus and Stonor Park are good examples of Beneton’s strength as a niche developer, and we do expect Irama Wangsa to live up to its promise.

g Residence Plentong

Source: www.gresidence.com.my

g Residence, Johor Bharu

g Residence (yes, with a lower cap g) is an integrated development in Plentong, Johor Bharu built by GSB group (a listed entity with interests primarily in optical disc manufacturing apart from property development). g Residence consists of two blocks of 25 storeys each, sitting on more than 2.7 acres of freehold land.

G Residence PlentongOut of the 25 storeys, the first two floors are devoted to retail outlets and offices. There are a total of 480 units of condominiums split evenly between both towers, with built-up areas between 653 sq ft and 1,552 sq ft. Prices range between RM327,000 and RM707,000. There is a sky bridge connecting the two towers; this is perhaps inspired by the G Tower in KLCC. There is a lounge inside the sky bridge.

g Residence is expected to be completed by the end of 2017.

What We Think: Despite being positioned as an upmarket property, prices are decidedly mid-tier – especially when compared with new launches around JB and in the Iskandar region. Take up rates are reportedly strong (80% at the time of writing), and this traction can be attributed to the “masstige” pricing strategy which seems to be paying off. We are, however, neutral against any Johor / Iskandar projects at the moment.

9 Bukit Utama

Source: bukit-utama.com.my

9 Bukit Utama

9 Bukit Utama is a condominium project by Bandar Utama Development which was launched on a “Build Then Sell” (BTS) concept. There are some 911 units of condominiums housed in three towers (Aria, Beva and Ceta) located off Persiaran Surian and surrounded by the Bukit Utama Golf Resort.

9 Bukit Utama logoThese spacious condominium units come in two layout options – 4+1 bedrooms (with four bathrooms) and 5+1 bedrooms (with five bathrooms). Sizes are between 2,286 sq ft and 8,250 sq ft with prices from RM1.165 million to RM 5 million.

Facilities include courts for tennis and badminton, swimming pools, yoga area, jogging tracks as well as BBQ pits. Buyers will also get to enjoy a membership package to the Bukit Utama Golf Resort which lasts for two years.

9 Bukit Utama is freehold property.

What We Think: These plus-sized condominiums may fit the requirements of a niche crowd in Bandar Utama, and this gets reflected in the prices which have been remarkably flat for the past two years. Its central location and the “Bandar Utama” tag are obviously strong selling points, and we would recommend this property to those who are looking for a large unit for own stay although the investment crowd may just decide to overlook this development for the shorter term.

Tribeca Bukit Bintang, Nadayu63, Woodsbury Suites

Tribeca Bukit Bintang

Image source: tribeca.com.my

Tribeca Bukit Bintang

The Tribeca Fairlane Hospitality (FLH) Collection consists of some 108 units of Tribeca serviced apartments located from 21st to the 29th floor of the apartment block. Tribeca is a single block of 37-storeys housing a total of 318 units of serviced apartments located on Jalan Imbi opposite the Ritz Carlton hotel.

Tribeca Low YatThere are three types of units to choose from: studios, suites and lofts. Studios have built-up areas of 510 sq ft while the sizes of the suites range from 657 sq ft to 1,020 sq ft. The lofts are sized between 1,231 sq ft to 1,293 sq ft. All units come fully furnished with dual key locks.

Facilities include “concept pods”, swimming pools, a gymnasium, children’s playroom as well as a business centre. Tenants will get to enjoy full concierge as well as housekeeping and laundry services.

Tribeca is a RM500 million project by Low Yat Group and managed by Fairlane Hospitality which also has the nearby Bintang Fairlane Residences and myHabitat off Jalan Tun Razak in its portfolio.

What We Think: New launches in Bukit Bintang are scarce, and Tribeca will be one of the few choices for those who are eyeing new properties in this area of central Kuala Lumpur. The location is indeed quite prime in the Bukit Bintang area, but some may have misgivings about its immediate surroundings. Given the nature of serviced residences, there will be a portion of the units which will attract short-stay tenants, which again may not appeal to some. The RM2,500 PSF price tag will effectively position the FLH Collection in the upper tier of KL city condominiums.


Source: facebook.com/nadayu63/


Nadayu Properties’ Nadayu63 is a gate and guarded integrated development located inside Taman Nadayu in Melawati, Selangor. This RM240 million development comprises of 42 retail units and 296 serviced apartments.

Nadayu MelawatiThe studio and “regular” (three bedroom) units have built-up areas from 562 sq ft to 1,144 sq ft, and are priced from RM420,000 onwards. Units come semi-furnished with electrical appliances (air conditioning units, water heaters, washing machine, celing fans, dryer) as well as kitchenware (cooker hob, refrigerator, oven).

Amenities include a playground, gym, nursery as well as a spacious sky lounge. The retail component of Nadayu63 will feature lifestyle stores, F&B outlets as well as rtail chains.

What We Think: We like Nadayu’s location which is at the fringe of Kuala Lumpur surrounded by the Kemensah Forest Reserve. This project has got the advantage of being next to forest greenery while still being fairly near to the city centre (15 minutes to KLCC). Prices are competitive especially when compared to other properties in the area which are quick reaching the RM800 PSF point.

Woodsbury Suites

Source: pjdprop.com.my

Woodsbury Suites

PJD Eastern Land’s Woodsbury Suites project is an upmarket condominium project in Butterworth, located five minutes away from the Sultan Abdul Halim Ferry Terminal. Woodsbury Suites is located inside Harbour Place, a “metro city” comprising of retail, commercial, residential and leisure components.

Woodsbury Suites Harbour PlaceThere are eight layouts to choose from with built-up areas ranging from 550 sq ft to 1,250 sq ft. Prices average around the RM550 PSF point, with total prices ranging from RM222,000 to a little more than RM1 million.

A unique selling point of the Woodsbury Suites is the availability of butler and concierge service which is reportedly the first of its kind in Penang. This service helps tenants to perform tasks such as arrange for transportation, do grocery shopping and plan events.

Amenities available to tenants include swimming pools, children’s playgrounds, sauna and games rooms, gyms, common kitchens and a music room.

Woodsbury Suites is expected to be completed by 2017.

What We Think: Choices for upmarket condominiums in Butterworth are limited, and Woodsbury may well be the frontrunner in that category. Prices at RM550 PSF may be steep by Butterworth standards. The butler and concierge services are a nice touch.

Garden Heights, Citywoods, Seasons Garden

Garden Heights Rawang

Image source: bandartasikputeri.com.my

Garden Heights, Bandar Tasik Puteri

The final (fifth) phase of the Garden Heights project in Bandar Tasik Puteri, Rawang has been launched by its developer, the Low Yat Group. Valued in total at some RM50 million, this phase comprises of 82 units of double storey terraced homes with prices from RM521,000 onwards. These units have built-up areas from 2,214 sq ft onwards with sizes measuring 20 ft by 75 ft.

Garden Heights RawangThis phase also marks one of the last few landed properties available in Bandar Tasik Puteri along with the upcoming Seiring and Acacia projects.

The Bandar Tasik Puteri township is Low Yat’s major development in Rawang, with areas spanning over 2,670 acres of leasehold land. There are both residential and commercial components in the form of condominiums, shop lots as well as landed properties. There is also a Central Park which spans 33 acres in the middle of the township as well as a country club hosting a 27-hole golf course. Bandar Tasik Puteri is expected to be completely built out by 2028.

What We Think: With projects slowing down in central KL and PJ locations, we expect “fringe” townships like Rawang to pick up in momentum. Bandar Tasik Puteri seems to be a well planned township with complete amenities and a golf club to boot; its accessibility was a concern until the development of the Bandar Tasik Puteri Interchange off the LATAR highway. Worth a look especially given its price which is quite competitive at this stage.


Citywoods Johor Bharu

Source: huayang.com.my

Hua Yang (Symphony Heights, One South, Sentrio Suites) has launched Citywoods in Johor Bharu, a freehold condominium project which sits on a freehold land of more than two acres. This project offers some 417 units housed on two blocks of 19 storeys in height.

citywoods-logoThis condominium project offers three types of layouts: A (764 sq ft), B (958 sq ft) and C ((1,249 sq ft). Owners of type A units will get one car park each, while type B and C owners are entitled to two car parks. Prices are from RM428,000 onwards.

Amenities include indoor and outdoor gyms, children play areas, jacuzzi, swimming pool, BBQ pits, game and Karaoke rooms as well as an audio visual room. Security is enhanced with digital locks for all units as well as video intercom facilities.

What We Think: Details on this project are still rather thin for now, but we did like its other similar projects ij Johor Bharu – Taman Pulai Indah and Taman Pulai Hijauan in particular. Hua Yang’s focus on affordable real estate is commendable, and could make good business sense as many property developers are now crowding towards the lower volume >RM1 million segment. RM500 PSF price point is sensible given the current glut in the greater JB and Iskandar region with slower take up rates amidst cooling demand levels.

Seasons Garden

Seasons Garden Residences

Source: seasonsgarden.my

SCP Group (Lido Residency Cheras, Damaisari Wangsa Melawati, Ashton Tower Kota Kinabalu) has launched its Seasons Garden Residences project in Wangsa Maju which has shown pretty good take up rates; at the time of writing, 85% of the units of its first two blocks of condominiums (Towers A and B) have been taken up as well as 50% of its newly launched Towers C and D. Seasons Garden is a leasehold project in Wangsa Maju valued at over RM800 million which also includes some 40 shop lots apart from the serviced apartments.

Seasons Garden Wangsa MajuThere are a lotal of 1,502 condominium units spread across four towers of 35 and 36 storeys in height. Towers A and B have some 666 units while Towers C and D house some 836 units. Selling prices start from RM394,000. Built up areas range from 770 sq ft to 900 sq ft.

Facilities include swimming and wading pools as well as gyms, yoga amenities as well as children’s playground. This residential project is accessible via the DUKE highway, the Middle Ring Road 2 as well as the Ampang-KL Elevated Highway.

What We Think: Prices around RM500 PSF are still reasonable given its location, and we can attribute the strong take up rates to this factor alone. However, the high density factor (1,500+ units) may be a turnoff to some. The small-ish sizes also mean that the tenants may be rather “transient” in nature. All in all, this seems to be a reasonable option for the first time buyer or young families.