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Sunday, November 14, 2010

Glittering night for developers

Monday November 15, 2010

PETALING JAYA: It was a glittering and memorable night last Thursday when the best of the country's property developers were honoured at the Malaysia Property Award 2010.
Amid the glitz and glamour of the event was a strong message to property developers that profits aside, going "green" is not only the way forward but also will be the future demand for residential and commercial properties globally, including in Malaysia. The two most-talked-about issues were sustainable property developments and caring for the environment.
The highlight of the night was centred on the winner of the "Property Man of the Year Award 2010" Datuk Alan Tong, who is also dubbed Malaysia's Condo King.
"Winning this award is an acknowledgment by the panel of judges that hardwork pays. As a property developer, I believe that being diligent, transparent and having consideration for property purchasers are the most important traits of any good developer," he said.
Tong received the prestigious award from the Yang di-Pertuan Agong Tuanku Mizan Zainal Abidin, who graced the event at The Shangri-La Hotel in Kuala Lumpur in a glittering ceremony attended by local and foreign guests.
The nine other winners of the Malaysia Property Award 2010 included Sunway City Bhd's Sunway City Ipoh for the Master Plan category; Coronation Springs Sdn Bhd's Springtide Residences in Tanjung Bungah, Penang (Residential Development – High Rise); SP Setia Bhd's Precinct 3, Setia Eco Park in Shah Alam, Selangor (Residential Development – Low Rise); Sunway Pyramid Shopping Mall Expansion in Bandar Sunway, Selangor (Retail Development); and Quill group's Quill 7 in KL Sentral, Kuala Lumpur (Office Development).
The other winners are The Westin Langkawi Resort & Spa, Langkawi, Kedah (Hotel Development); Cahaya Jauhar Sdn Bhd's Kota Iskandar (Phase 1) in Nusajaya, Johor (Public Sector); Gloharta (M) Sdn Bhd's Bunga Raya Island Resort & Spa in Kota Kinabalu, Sabah (Resort Development) and Gamuda Bhd's Stormwater Management and Road Tunnel (SMART) (Special Award for National Contribution).
Winners of the MPA in their relevant categories will represent Malaysia the following year at the International Prix d'Excellence, an annual competition that honours the world's best property projects.
SunCity property investment managing director Ngeow Voon Yean said bagging two awards in the FIABCI Malaysia Property Award 2010 was a recognistion of all the hardwork and dedication of the Sunway Group staff.
Quill group executive director Datuk Michael Ong said: "We are delighted to have won the award. It has been a long journey for us," he said. The property developer won the award for its magnificent 30-storey office tower set in the heart of KL Sentral, Malaysia's largest transit hub – QUILL 7.
The International Prix d'Excellence is an annual competition which honours the world's best property projects.
The 2010 Malaysia Property Award was organised by FIABCI Malaysia with Malayan Banking Bhd as the official sponsor.

Documents 1 to 10 of 16 matching the query "quill 7"
1.
Glittering night for developers
[BUSINESS 15-Nov-2010]
PETALING JAYA: It was a glittering and memorable night last Thursday when the best of the country’s property developers were honoured at the Malaysia Property Award 2010.
2.
50 families to benefit from food aid programme
[NATION 4-Nov-2010]
KUALA LUMPUR: Fifty poor families in Pandan Indah can now enjoy a year of food aid under a project put together by a corporate-NGO partnership.
3.
CapitaLand intends to get bigger
[BUSINESS 2-Oct-2010]
SINGAPORE-BASED CapitaLand Ltd is looking to expand its presence in Malaysia’s real estate sector with the strong turnaround of the country’s economy at an expected gross domestic product of at least 6.5% this year.
4.
CapitaLand’s Malaysian success
[BUSINESS 14-Aug-2010]
LAST month, Prime Minister Datuk Seri Najib Tun Razak told Johor Umno branch leaders not to be emotional or parochial about Singapore investments.
5.
Artist showcases his latest work in exhibition
[CENTRAL 19-Jun-2010]
GROWING up in different states had definitely taught Jack Ting a few survival skills but the 42-year-old artist felt the toughest part was when he eventually had to leave his hometown, Sibu, to further his studies in Kuala Lumpur.
6.
Events
[CENTRAL 12-Jun-2010]
Saturday June 12, 2010. Events. Art exhibition. QUILL Group of Companies is hosting a solo art exhibition themed “Relative Reality: Rite of Passage” showcasing artworks of talented Sarawak-born artist, Jack Ting. It is jointly sponsored by UOB to raise funds for charity. The exhibition is held at central.
7.
Quill profit up on property income
[BUSINESS 21-Apr-2010]
PETALING JAYA: Quill Capita Trust, a real estate investment trust (REIT), posted a 1.69% rise in net profit to RM7.47mil for the quarter ended March 31 compared with the previous corresponding period.
8.
Quill sees higher BMW car sales
[BUSINESS 13-Apr-2010]
PETALING JAYA: Quill Automobiles Sdn Bhd, which has sold 150 BMW cars since November, expects a 15% to 20% increase in sales volume within the next six months.
9.
Quill aims to sell 10 Rolls-Royce cars
[BUSINESS 22-Jan-2010]
PETALING JAYA: Quill Motorcars Sdn Bhd , the newly appointed dealer for Rolls-Royce cars in Malaysia, projects to sell between eight and 10 units a year as demand for the luxury car is expected to more than double globally this year.
10.
Quill Capita profit up slightly But Starhill and Atrium post lower earnings
[BUSINESS 22-Jan-2010]
PETALING JAYA: Of the three real estate investment trusts (REITs) that posted their financial results yesterday, only Quill Capita saw some growth in earnings.
Documents 11 to 16 of 16 matching the query "quill 7"
11.
Singapore team to defend in-line hockey crown
[CENTRAL 23-Feb-2010]
SINGAPORE’S Team Piranhas will return to defend their crown in the Malaysian In-line Hockey Tournament (MIHT) at the Sports Plaza in Petaling Jaya, Selangor, on Feb 26-27.
12.
Mah Sing unit to buy land for RM45.5m
[BUSINESS 9-Feb-2010]
PETALING JAYA: Mah Sing Group Bhd’s wholly owned unit Multi Synergy Group Sdn Bhd yesterday signed an agreement to acquire 7.67ha of freehold industrial land in Hicom Industrial Estate, Shah Alam, from Quill Industrial Properties Sdn Bhd for RM45.5mil cash.
13.
Cyberjaya signages finally up
[CENTRAL 29-Jan-2010]
AFTER more than a year, the Re-zoning Structure Plan (CRSP) for Cyberjaya was finally completed last week.
14.
Rolls-Royce upbeat on Ghost model
[BUSINESS 28-Jan-2010]
PETALING JAYA: Rolls-Royce Motor Cars Ltd has identified Malaysia as a potential key market for its Rolls-Royce and aims this year to sell eight to 10 units of its luxury vehicles here.
15.
Bookstore chain out to promote BM
[CENTRAL 5-Dec-2009]
AS the nation’s official language, Bahasa Malaysia has always played a significant role in uniting a country with different ethnic groups.
16.
REIT managers association gets endorsement
[BUSINESS 1-Dec-2009]
KUALA LUMPUR: The managers of 11 Malaysian real estate investment trusts (REITs) on Monday endorsed the formation of the Malaysian REIT Managers Association (M-REITMA) which will be completed once given the go-ahead by the Registrar of Societies (ROS).

Monday, November 1, 2010

Rendezvous Hotel Kuala Lumpur to Open in July

by Mick Tan, 11 May 2010-->
Thumbnail:
The 4-star 444-key Rendezvous Hotel Kuala Lumpur, which forms part of the US$75-million Taragon Puteri Kuala Lumpur development in Changkat Thambi Dollah, is envisaged to commence operations in July 2010.
According to the management, the hotel is expected to record an occupancy rate of between 55% and 60% and an average rate of approximately US$80 in its first year of operations.
The hotel will be managed under a 12-year plus six-year extension lease.

The hotel is still not open as of today.
Submitted by Alice Cheung on 30 October 2010 - 8:19pm

Taragon Puteri KL, Bukit Bintang, RM 780,000Kuala Lumpur


Description:TARAGON PUTERI KL features a unique 3 in 1 concept combining hospitality, retail and residences in one development. this integrated commercial development comprises two adjoining blocks, with one block dedicated for an international all suites hotel and the other, a luxury serviced residences block.Limited retail units will also be made available to serve the needs of hotel guests and residents of the residences block.THE RESIDENCES BLOCK comprises 152 units of quality serviced residences. The luxurious serviced residences provide prospective buyers with the opportunity to experience the bliss of solitude amidst the chaos of inner-city living.Standard finishing include plastered ceiling, air conditioning, built in wardrobe, kitchen cabinets and oven hood.LayoutsExecutive Suites-Type 1&2 : 522 sf (1 bedroom + 1 bathroom)-Type 3 : 1044 sf (1 bedroom + 1 bathroom)-Type 5 : 1507 sf (3+1 bedroom + 4 bathroom)-Type 6 : 1511 sf (3+1 bedroom + 4 bathroom)-Type 7 : 1488 sf (3 bedroom + 3 bathroom)-Type 8 : 1572 sf (3 bedroom + 4 bathroom)Superior Suites-Type SP1 : 2175 sf (4+1 bedroom + 5 bathroom)-Type SP2 : 2026 sf (4+1 bedroom + 5 bathroom)-Type SP3 : 2039 sf (4+1 bedroom + 5 bathroom)-Type SP5 : 2068 sf (4+1 bedroom + 5 bathroom)Walking distance to Berjaya Time Square, Lot 10, Sg Wang , Pavilion. Few minutes drive to KLCC. Accessible to Smart Tunnel & KLIA Dedicated Highway & Jalan Tun Razak.The CF to be obtain end of 2010. for futher details please contact TENG 017-299 5230 or email tcl86@hotmail.com.
Property Details
QuikPro No:
UP662630
Property Type:
Serviced Residence
Tenure:
Freehold
Built-Up:
1,044 sq. ft.
Asking Price
RM 780,000
Asking Price psf :
RM 740
Bedrooms:
1
Bathrooms:
2
Occupancy:
Vacant
Posted Date:
01/11/2010

RHG no longer part of Taragon Puteri project?

THE opening of Rendezvous Hospitality Group (RHG)’s new 445-room business hotel within the Taragon Puteri Kuala Lumpur integrated development remains uncertain.
The reason is that Singapore-based RHG will no longer be involved in the project.
RHG chief executive officer Iqbal Jumabhoy when contacted by Business Times said: “The management contract for Rendezvous Hotel Kuala Lumpur has not been activated because conditions for the lease and operations have not been met.”
The hotel was scheduled to open this month.
“As a consequence, we have closed the hotel pre-opening office in Kuala Lumpur and have ceased marketing activities at this stage,” Jumabhoy said via e-mail.
A question on the likelihood that Rendezvous could return to Taragon, located on Changkat Thambi Dollah off Jalan Pudu, was unanswered.
A check on RHG’s official website still stated that “under the brands of Rendezvous Hotels and The Marque Hotels, the group comprises 15 hotels with 3,350 rooms across Singapore, Australia, New Zealand and China, including a hotel under development in Malaysia”.
A press release dated March 1 2010 on the appointment of Freddy Sim as the general manager for the hotel, is also available on the website.
Meanwhile, a spokesperson for Taragon when asked about these developments said: “Work on the site is on schedule and the hotel will open by January 2011.”
In an interview with Business Times in March this year, Sim had said that Rendezvous was leasing the hotel portion and will also manage it. The duration for the lease was for 12 years plus six option years.
This leasing agreement in itself is unique in the Malaysian market, as most hotel operators here either own and manage or solely manage hotels.
RHG, a subsidiary of Straits Trading Co Ltd, is a relatively new but growing Singapore hotel brand. It plans to have 12,000 rooms by 2020.
RHG manages hotels under the Rendezvous and Marque brand through Rendezvous Hotels & Resorts International.
Asked about future openings for RHG in Malaysia, Jumabhoy said: “While we have no definite plans for Malaysia at this point in time, we are always on the lookout for any opportunity in the Asia-Pacific region.”
- Hotel Property in Kuala Lumpur

Taragon Puteri KL

Taragon Puteri KL
City Centre, KL
For sale @ RM 896,000.00
Property Details
Properties Summary Details
Property ID : 01680
Category : Residential
Property Type : Serviced Residence
Hold Type : Freehold
No. of Rooms : 3+1
No. of Bathrooms : 3
Built Up Area : 1507
Additional Details
Furnishing Type : Partly Furnished

Remarks
Estimated Completion Date : End of 2009+ 24-hour security+ CCTV+ Guarded Community+ Swimming and wading pool+Children Playground+ Sauna+ Gymnasium+ Barbeque area+ Multipurpose hall

Taragon Puteri KL features a unique 3 in 1 concept combining hospitality, retail and residences in one development. This integrated commercial development comprises two adjoining blocks, with one block dedicated for an international all suites hotel and the other, a luxury serviced Residences Block. Limited retail units will also be made available to serve the needs of hotel guests and residents of the Residences Block.

The Residences Block comprises 152 units of quality serviced residences. The luxurious serviced residences provide prospective buyers with the opportunity to experience the bliss of solitude amidst the chaos of inner-city living.Standard finishings include plastered ceiling, air conditioning, built in wardrobe, kitchen cabinets and oven hood.+ Niche project+ Low density+ Maximum privacy+ City View+ Inner-city living+ 24-hour security+ CCTV+ Guarded Community+ Swimming and wading pool+ Children's Playground+ Sauna+ Gymnasium+ Barbeque area+ Multipurpose hall+ Free Covered Car Park+ Next to A Hotel+ Superb location – accessible from Jalan Sultan Ismail in March 2007+ A new 3 in 1 concept. Leisure, hospitality, retail and residences in one building+ The proposed Building is under negotiation to be managed by an international hotel chain – First of its kind to ensure quality living and international standard of property management+ Superb location - accessible from Jalan Sultan Ismail, SMART & Elevated KLIA Highway soon.
Type 5Level 3A - Level 10
Rm 876,000 - Rm 927,000

Park Regis to Manage Taragon Puteri KL

Sep 16, 2010
Bluestone Group Malaysia, through its wholly owned subsidiary Taragon Capital Malaysia (TCM) Sdn Bhd, recently signed with Park Regis Hotel Management Sdn Bhd (PPHM), a wholly-owned subsidiary of StayWell Hospitality Group, to operate its new hotel at its integrated development, Taragon Puteri KL. TCM is currently in the final stages of completing Taragon Puteri KL, with work on-site running as scheduled.
StayWell Hospitality Group, headquartered in Sydney, Australia, currently operates in Asia, Middle East, Morocco and Australia. Taragon Puteri KL, slated to open in January 2011, will mark the international hotel group’s first foray into Malaysia.