The Cube 3&4 Storey Boutique Shop Office

Located in the mature township of Bandar Puteri Puchong, The Cube directly faces IOI Vivo City- a vibrant development with lifestyle residences, shopping malls and office blocks. With the expected influx of residents, shoppers and office workers, The Cube is well positioned to accelerate your business success. You can also tap into a 700,000 strong catchement from neighbouring hotspots and benefit from the four proposed LRT stations sited within the vicinity.

• Boutique Bungalow Retail Office

         Lot Size from 80'x220'
         Built-Up from 10,254 sq. ft.

• Boutique Semi-Detached Retail Office

         Lot Size from 50'x110'
         Built-Up from 6,155 sq. ft

• Price from RM 4,978,000
• Low Down Payment- Pay Only RM50,000 balance upon VP*
• 2% Rebate*
• Free SPA Legal Fees & MOT *

               * For a limited period only and terms and conditions apply

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Temasya Glenmarie (Now launching Temasya Citra Phase II & Temasya Anggun Phase I)

Temasya Glenmarie is a premium new township that sits quietly within a location that's close to everything. Flanked by Subang Jaya, Shah Alam, Kelana Jaya and metro Petaling Jaya, accessibility is a singe. Modern amenities, facilities and attractions are almost literally around the corner but yet the township preserves an oasis of calm because of its low-density. The entire landscaping is for aestheticism, privacy and security, shielding residents from any bustle on the periphery. With the relatively small number of units planned now and into the future, TemasyaGlenmarie offers residents two very distinct advantages: Capital Appreciation and Space (which is evident in the 60-feet wide neighbourhood roads and even a back lane that is 40-feet wide).

The original concept of outer city living

Living on the city outskirts has its obvious appeal. A location that's near to economic and social hubs yet far enough away from the hustle and bustle is a choice for many. The convenience is also a pulling factor, especially the modern and well-developed access and not to mention, the self-containment of many a suburban enclave. The ultimate draw, however, has to be the sheer space available within this outer city living environment. Space that in this day and age, becomes less a luxury than it is a necessity.

Temasya Suria Superlink Homes

The most inspiring feature of this superlink design is space. Suitably set for the extended family, Temasya Suria Superlink Homes also exude a retro feel that will have every generation proudly reminiscing and discovering, hence bolstering intimacy among loved ones. With built-ups measuring between 3,427 sq.ft. and 4,652 sq.ft. buyers need only to decide between space and a lot more space.

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Development


This mixed development spans accross 231.18 hectares of land. The commercial and industrial properties are intended for high valueadded activities and businesses generally associated with sales and servicing, logistics and administratio centres. The residential properties are designed for those seeking convenient urban location with excellent connection to major urban areas.

EPF to allot projects in Sungai Buloh by June

By Zaidi Isham Ismail

THE Employees Provident Fund (EPF), which is charged to lead the development of the proposed prime township sited at Rubber Research Institute of Malaysia (RRIM) land in Sungai Buloh, Selangor, is expected to start distributing portions of the long-awaited project by June.

EPF chief executive officer Tan Sri Azlan Zainol said it will start calling for tenders, which are open to all strong property developers in the country to participate in.

"The project is going through some legal issues and then it will go through the bidding process.

"The development will be spread out over several phases and each phase will be around 12.15ha-20.25ha portions for the development of projects from commercial, residential, industrial, affordable housing and shophouses," he told Business Times in an interview at EPF's headquarters here recently.
Previously managed by RRIM, the 1,215ha land was slated for development over the next 10-15 years, as announced in the 2010 Budget , but until now the project has not taken off.

On May 12, 2010, the government had approved the proposal for the development of the Sungai Buloh land by Kwasa Land Sdn Bhd, a wholly-owned subsidiary of the EPF.

The EPF will have a master plan where it will allocate a few parcels and allow property developers to bid for those parcels, of which some parcels will be operated on a joint-venture basis while others may be sold outright via bids.

The development is likely to feature a big linear park, green lungs, open spaces, walkways and water bodies.

It will incorporate information technology and data infrastructure (Multimedia Super Corridor city status) and urban transportation integration.

This development will also house the depot for the upcoming mass rapid transit system.

Dubbed the new hub of the Klang Valley, the development is expected to attract RM5 billion in investments.

http://www.btimes.com.my/Current_News/BTIMES/articles/EPFLUH/Article/

Condo Market Challenging

By ANGIE NG
angie@thestar.com.my | Mar 10, 2012

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PETALING JAYA: With close to 2,600 high-end condominiums scheduled for completion in Kuala Lumpur this year, the outlook for the luxury condominium market in the capital city is expected to be challenging.

“Bank Negara is keeping a close eye on the mortgage loan market on concerns of rising household debt-to-gross domestic product levels and has issued new guidelines to further tighten lending with effect from Jan 1,” said property consultancy Knight Frank, in its Second Half 2011 Real Estate Highlights report.

“This will inevitably have a negative impact on this sector as demand turns cautious with further pressure expected on prices and rentals of high-end condominiums in selected locations and schemes.”
Concurring with the bearish outlook is DTZ Research. In its Property Times Kuala Lumpur fourth-quarter 2011 report, DTZ pointed out that the sizeable number of new condominiums entering the market – about 5,004 units in 2012 and another 4,502 units in 2013 – was expected to put downward pressure on the rental market, especially in the Kuala Lumpur city centre, as a majority of them are in this location.

“The rental market will continue to feel pressure from the significant new supply that will be completed in the next two years. In addition, the economic uncertainty and tightening of credit by banks will contribute to the cautious demand for luxury residential properties,” Property Times added.

The Knight Frank report said during the review period, prices and rentals of high-end condominiums in selected schemes in Kuala Lumpur and the city fringe continued to face downward pressures due the high number of existing supply and new completions as well as a weak leasing market emanating from low occupational demand from local residents and expatriates.

The projects that are scheduled for completion this year include Residensi Kia Peng, The Pearl @ KLCC (formerly known as Stonor 16), Crest Jalan Sultan Ismail, Setia Sky Residences – Phase 1A (Boheme Tower), St Mary Residences, Verticas Residensi (Towers A, B and C), Suasana Bukit Ceylon, 9 Madge, Amarin Wickham, Gaya Bangsar, and Matahari Desa Sri Hartamas.

Recent upmarket condominium projects that have been launched included Verdana @ North Kiara (Phase 1), Icon Residence Mont’Kiara, Mirage Residence, Laman Ceylon, 188 Suites, St John Woods Residence, Rimbun Condominium (formerly known as Amphill Residence) and Platinum Suites – Phase 1 of Platinum Victory Face project.

Other projects in the pipeline during the first half of this year include serviced apartments project KL Trillion, Royce Residence, SoHo units @ Arcoris Mont’ Kiara (formerly known as MK 20) and Damansara City 2 serviced apartments.

In the primary market, developers continued to offer attractive incentives such as rebates, discounts and a limited period of free maintenance fees to drive sales.

There was also a notable shift with more sales and leasing activities in the city fringe and suburban areas evident from several successful previews and launches of high-end condominiums at new benchmark prices commensurate with higher building specifications and improved level of facilities.