KL properties

Puncak Jalil (House For Sale)

noreply@blogger.com (Stanley ooi) — Thu, 28 Oct 2010 09:55:00 +0000

Address: 26, Jalan PUJ 2/6, Taman Puncak Jalil.

Price: RM 280K

Type: Double- storey Terraced (Coner) LAnd Area: 28' X 65'

Status: Just Rented to a malay family for RM 750, Tenancy end another 9 months

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Address: 13, Jalan PUJ 6/3, Taman Puncak Jalil (next to the unit with a/c)

Price: RM 250K

Type: Double storey terraced (Intermediate)

Status: rented to a malay couple for RM 600. Tenancy Expired

Taman Puncak Jalil is a leasehold area, and possibly the cheapest double storey u can find near to KL city.

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Double- storey Teeraced @37, Jalan SP 4/14, Bandar Saujana, 42610 Jenjarom. Selangor

noreply@blogger.com (Stanley ooi) — Thu, 30 Apr 2009 08:34:00 +0000

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Brief Overview

Double Storey Terrace House 20' x 60'
Completed
Leasehold 99 years
Gross built up area 1,401 sq. ft.

Puncak Jalil - 27, Jalan PUJ 6/8

noreply@blogger.com (Stanley ooi) — Mon, 27 Oct 2008 04:21:00 +0000

Add: 27, Jalan PUJ 6/8, Taman Puncak Jalil, 43300 Seri Kembangan, Selangor

Type: 2 sty Terraced Hse

Land Area: 20' X 70'

Distance to SMK Bukit Jalil: Approximately 5KM- 10 mins driving

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Tiaraville Service Suites

noreply@blogger.com (Stanley ooi) — Tue, 29 Jul 2008 01:22:00 +0000

Introduction

A project that kicked started almost two (2) years plus ago and situated in the heart of Subang Jaya beside Carrefour. Launched as mid-end service suites with condo facilities and music theme focus and follow up with the commercial focus of being a unique healthcare and beauty center. It is fast selling upon launched and till date is almost at the completion stage. This review will focus on its second hand market value for potential investor as a reference.

Location
Needless to say, location is one of the most single important factor of the property value and its rental return. Tiaraville located at a strategic plot beside Carrefour, Subang Jaya, Subang Parade, surrounded by many colleagues like Taylor�s, INTI, Metropolitan just to name a few. With minutes away from Subang Medical Center, Sunway Pyramid, Golf courses, offices like Wisma Tractors, Wisma Mesiniaga, shop offices and etc. With its main accessibility via Federal Highway and 5 minutes walk to KTM Commuter Station at Subang Jaya, it is definitely a young and vibrant executive�s top spot area. The location of this property worth 4 Star for the price of RM 300 plus per square feet with its freehold status, if compare to 5 Star area around KLCC as reference.

Developer
We did a brief research into its developer and found that it is a Klang based company. In term of its past, recent completed and future projects, we would categorized them as an upcoming major developer and they are able to deliver. One of its most prominent project that they are embarking is called Klang Sentral Station in Klang. With its records, first time buyer may reduce their risk to face those developers that build half way and abandon the project like in the past

Special
Its title of Music Theme life style focus for the design and facilities of the services suites is a good idea for today stressful urban lifestyle. Some units are with garden in the sky concept creates option for those who like to have a little green and related activities. The service suites are also built on top of a few floors of commercial lots that have been focused into healthcare and beauty business. This will definitely create a unique icon for young executive especially single high flyers woman buyers.

Against
With brief summarized findings conducted and the size of the majority units. We would recommend it is more for young to medium age group executives. If you are looking for a quiet place to stay and away of cars, crowd and sounds. This may not be the right place for you.

Conclusion
It is a good investment opportunity for this service suites apartment with its overall strengths. We expect a good capital appreciation between 10-15% per year supported further by rising cost of construction in 2007/08. In particularly overweight on the rental return over cost of investment given variety of potential tenants. Barring unforeseen circumstances, the second hand market will still be a good investment for the next five (5) years.

This info is obtained from Estate 123

Genral Info of Tiaraville service Residences
FREEHOLD

1. Strategic and Prime Location

Close to a KTM commuter station and proposed LRT station
Located within reach of a host of amenities such as: -
Health Facilities
Subang Jaya Medical Centre
Bandar Sunway Hospital
Tourism & Hospitality
Subang Sheraton Hotel
Holiday Villa Hotel
Sunway Lagoon Resort Hotel
Sunway Lagoon Water Theme Park
Summit Hotel
Retail Venues
Subang Parade Shopping Mall
Carrefour Hypermarket
Sunway Pyramid
Summit Shopping Center
Educational Instituitions
Inti College
Metropolitan College
Taylor’s College
Sunway College
Monash University Campus
2. Convenient Public Transportation

2 minutes walk to Subang Jaya KTM commuter station
3. Efficient Highways & Expressways

Kesas Expressway
Lebuhraya Damansara Puchong (LDP)
Federal Highway
New Pantai Expressway (NPE)
Subang Kelana Elevated Highway (currently under construction)
North-Klang Valley Expressway (NKVE)
4. Main Highlights

Exclusive condo facilities
Retail shops at doorsteps
All units are designed in a North / South orientation - ensuring no glare from direct sunlight
Unique music theme landscaping - piano-designed fountain
Private terrace garden concept on upper floors (selected units only)
In-house healthcare & child care services

More info : Contact +6012-2126667

5, Jalan PUJ 6/9, Tama Puncak Jalil

noreply@blogger.com (Stanley ooi) — Mon, 16 Jun 2008 09:23:00 +0000

Latest Development- 17/6/08 (Tuesday)

After hacked the cement in front of the sliding door, above-mentioned pic. has clearly shown that the hose/ joint had disconnected, neighbour too, faced the same problems, therefore, they were forced to use alternative joint.

Monday, June 16, 2008

Enclosed is the plumbing accessories that I have installed:-

1) 2 W.C. Cover = RM 20.00
- 2nd room
- 3 rd room
2) 5 pcs of Plastic Water tape= RM 15.00
- Car Porch
- Kitchen
- toilet at downstair, master bathroom, and adjoining bath room
3) 3 pcs of Shower heads= RM 22.50
- toilet at downstair, master bathroom, and adjoining bath room

Things to be done:-

1) Drain Cover = RM 80/=

2) to hack and re-cement the sliding door portion, for water connection purposes

= RM 100/=

The Tenant asked whether can the Landlord install a fan at the Living area, as most landlord provide.

Land for sale at Taman Sentosa, Klang

noreply@blogger.com (Stanley ooi) — Sat, 31 May 2008 14:31:00 +0000

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This subject land is located athe back of Bandar Puteri, KLang.

Accessible via Kesas Highway to Bandar Puteri, after the small roundabout, enter into Jalan Kebun Nenas, turn to your right, look for Jalan Dato Abd Hamid 20, Jalan Dato Dagang 6/ Jalan Dato Abd Hamid 6, as from the plan above indicated.

And the land is just beside Jalan Dato Dagang 40/42.

This land has as approximate 10 acres plus land area, surrouded by medium- low cost terraced house, selling between RM 150K-RM 170K per unit. And the Landlord had submitted for the proposal of 149 terraced houses( 20X 70, 18X 65), and 2 block of medium- low cost apts (50 units each block X 2= 100 units for both) See Pic. Below.

Entrance to the subject premises

Video taken from front, along Jalan Dagang 6 or its alternative name Jalan Dato Abdul Hamid 6

Video taken from the back

To get a clearer view, please click into the picture!!!

Pavilion - Kuala Lumpur

noreply@blogger.com (Stanley ooi) — Tue, 27 May 2008 14:10:00 +0000

Warren Buffett Quotes

noreply@blogger.com (Stanley ooi) — Mon, 26 May 2008 02:04:00 +0000

Quotes from the Chairman of Berkshire Hathaway

You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.
We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
Wide diversification is only required when investors do not understand what they are doing.
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Never invest in a business you cannot understand.
Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.
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Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
(When speaking of managers and executive compensation) The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.
The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
Risk can be greatly reduced by concentrating on only a few holdings.
Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.
Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.
Buy companies with strong histories of profitability and with a dominant business franchise.
Be fearful when others are greedy and greedy only when others are fearful.
It is optimism that is the enemy of the rational buyer.
As far as you are concerned, the stock market does not exist. Ignore it.
The ability to say "no" is a tremendous advantage for an investor.
Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
Lethargy, bordering on sloth should remain the cornerstone of an investment style.
An investor should act as though he had a lifetime decision card with just twenty punches on it.
Wild swings in share prices have more to do with the "lemming- like" behaviour of institutional investors than with the aggregate returns of the company they own.
As a group, lemmings have a rotten image, but no individual lemming has ever received bad press.
An investor needs to do very few things right as long as he or she avoids big mistakes.
"Turn-arounds" seldom turn.
Is management rational?
Is management candid with the shareholders?
Does management resist the institutional imperative?
Do not take yearly results too seriously. Instead, focus on four or five-year averages.
Focus on return on equity, not earnings per share.
Calculate "owner earnings" to get a true reflection of value.
Look for companies with high profit margins.
Growth and value investing are joined at the hip.
The advice "you never go broke taking a profit" is foolish.
It is more important to say "no" to an opportunity, than to say "yes".
Always invest for the long term.
Does the business have favourable long term prospects?
It is not necessary to do extraordinary things to get extraordinary results.
Remember that the stock market is manic-depressive.
Buy a business, don't rent stocks.
Does the business have a consistent operating history?
An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

Warren Buffett Biography

The Story of Berkshire Hathaway's Billionaire Chairman

Warren Edward Buffett was born on August 30, 1930 to his father Howard, a stockbroker-turned-Congressman. The only boy, he was the second of three children, and displayed an amazing aptitude for both money and business at a very early age. Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head - a feat Warren still amazes business colleagues with today.
At only six years old, Buffett purchased 6-packs of Coca Cola from his grandfather's grocery store for twenty five cents and resold each of the bottles for a nickel, pocketing a five cent profit. While other children his age were playing hopscotch and jacks, Warren was making money. Five years later, Buffett took his step into the world of high finance.
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Free Forex EducationLearn to be a successful trader. With Forex, knowledge is power!www.BabyPips.comAt eleven years old, he purchased three shares of Cities Service Preferred at $38 per share for both himself and his older sister, Doris. Shortly after buying the stock, it fell to just over $27 per share. A frightened but resilient Warren held his shares until they rebounded to $40. He promptly sold them - a mistake he would soon come to regret. Cities Service shot up to $200. The experience taught him one of the basic lessons of investing: patience is a virtue.
Warren Buffett's EducationIn 1947, a seventeen year old Warren Buffett graduated from High School. It was never his intention to go to college; he had already made $5,000 delivering newspapers (this is equal to $42,610.81 in 2000). His father had other plans, and urged his son to attend the Wharton Business School at the University of Pennsylvania. Buffett stayed two years, complaining that he knew more than his professors. When Howard was defeated in the 1948 Congressional race, Warren returned home to Omaha and transferred to the University of Nebraska-Lincoln. Working full-time, he managed to graduate in only three years.
Warren Buffett approached graduate studies with the same resistance he displayed a few years earlier. He was finally persuaded to apply to Harvard Business School, which, in the worst admission decision in history, rejected him as "too young". Slighted, Warren applied to Columbia where famed investors Ben Graham and David Dodd taught - an experience that would forever change his life.
Ben Graham - Buffett's MentorBen Graham had become well known during the 1920's. At a time when the rest of the world was approaching the investment arena as a giant game of roulette, he searched for stocks that were so inexpensive they were almost completely devoid of risk. One of his best known calls was the Northern Pipe Line, an oil transportation company managed by the Rockefellers. The stock was trading at $65 a share, but after studying the balance sheet, Graham realized that the company had bond holdings worth $95 for every share. The value investor tried to convince management to sell the portfolio, but they refused. Shortly thereafter, he waged a proxy war and secured a spot on the Board of Directors. The company sold its bonds and paid a dividend in the amount of $70 per share.
When he was 40 years old, Ben Graham published Security Analysis, one of the greatest works ever penned on the stock market. At the time, it was risky; investing in equities had become a joke (the Dow Jones had fallen from 381.17 to 41.22 over the course of three to four short years following the crash of 1929). It was around this time that Graham came up with the principle of "intrinsic" business value - a measure of a business's true worth that was completely and totally independent of the stock price. Using intrinsic value, investors could decide what a company was worth and make investment decisions accordingly. His subsequent book, The Intelligent Investor, which Warren celebrates as "the greatest book on investing ever written", introduced the world to Mr. Market - the best investment analogy in history.
Through his simple yet profound investment principles, Ben Graham became an idyllic figure to the twenty-one year old Warren Buffett. Reading an old edition of Who's Who, Warren discovered his mentor was the Chairman of a small, unknown insurance company named GEICO. He hopped a train to Washington D.C. one Saturday morning to find the headquarters. When he got there, the doors were locked. Not to be stopped, Buffett relentlessly pounded on the door until a janitor came to open it for him. He asked if there was anyone in the building. As luck (or fate) would have it, there was. It turns out that there was a man still working on the sixth floor. Warren was escorted up to meet him and immediately began asking him questions about the company and its business practices; a conversation that stretched on for four hours. The man was none other than Lorimer Davidson, the Financial Vice President. The experience would be something that stayed with Buffett for the rest of his life. He eventually acquired the entire GEICO company through his corporation, Berkshire Hathaway.

The Influence of Benjamin Graham
Ben Graham - Buffett's Mentor (Continued) Flying through his graduate studies at Columbia, Warren Buffett was the only student ever to earn an A+ in one of Graham's classes. Disappointingly. both Ben Graham and Warren's father advised him not to work on Wall Street after he graduated. Absolutely determined, Buffett offered to work for the Graham partnership for free. Ben turned him down. He preferred to hold his spots for Jews who were not hired at Gentile firms at the time. Warren was crushed.
Warren Buffett Returns HomeReturning home, he took a job at his father's brokerage house and began seeing a girl by the name of Susie Thompson. The relationship eventually turned serious and in April of 1952 the two were married. They rented out a three-room apartment for $65 a month; it was run-down and served as home to several mice.
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During these initial years, Warren's investments were predominately limited to a Texaco station and some real estate, but neither were successful. It was also during this time he began teaching night classes at the University of Omaha (something that wouldn't have been possible several months before. In an effort to conquer his intense fear of public speaking, Warren took a course by Dale Carnegie). Thankfully, things changed. Ben Graham called one day, inviting the young stockbroker to come to work for him. Warren was finally given the opportunity he had long awaited.
Warren Buffett Goes to Work for Ben GrahamThe couple took a house in the suburbs of New York. Buffett spent his days analyzing S&P reports, searching for investment opportunities. It was during this time that the difference between the Graham and Buffett philosophies began to emerge. Warren became interested in how a company worked - what made it superior to competitors. Ben simply wanted numbers whereas Warren was predominately interested in a company's management as a major factor when deciding to invest, Graham looked only at the balance sheet and income statement; he could care less about corporate leadership. Between 1950 and 1956, Warren built his personal capital up to $140,000 from a mere $9,800. With this war chest, he set his sights back on Omaha and began planning his next move.
On May 1, 1956, Warren Buffett rounded up seven limited partners which included his Sister Doris and Aunt Alice, raising $105,000 in the process. He put in $100 himself, officially creating the Buffett Associates, Ltd. Before the end of the year, he was managing around $300,000 in capital. Small, to say the least, but he had much bigger plans for that pool of money. He purchased a house for $31,500, affectionately nicknamed "Buffett's Folly", and managed his partnerships originally from the bedroom, and later, a small office. By this time, his life had begun to take shape; he had three children, a beautiful wife, and a very successful business.
Over the course of the next five years, the Buffett partnerships racked up an impressive 251.0% profit, while the Dow was up only 74.3%. A somewhat-celebrity in his hometown, Warren never gave stock tips despite constant requests from friends and strangers alike. By 1962, the partnership had capital in excess of $7.2 million, of which a cool $1 million was Buffett's personal stake (he didn't charge a fee for the partnership - rather Warren was entitled to 1/4 of the profits above 4%). He also had more than 90 limited partners across the United States. In one decisive move, he melded the partnerships into a single entity called "Buffett Partnerships Ltd.", upped the minimum investment to $100,000, and opened an office in Kiewit Plaza on Farnam street.
In 1962, a man by the name of Charlie Munger moved back to his childhood home of Omaha from California. Though somewhat snobbish, Munger was brilliant in every sense of the word. He had attended Harvard Law School without a Bachelor's Degree. Introduced by mutual friends, Buffett and Charlie were immediately drawn together, providing the roots for a friendship and business collaboration that would last for the next forty years.
Ten years after its founding, the Buffett Partnership assets were up more than 1,156% compared to the Dow's 122.9%. Acting as lord over assets that had ballooned to $44 million dollars, Warren and Susie's personal stake was $6,849,936. Mr. Buffett, as they say, had arrived.
Wisely enough, just as his persona of success was beginning to be firmly established, Warren Buffett closed the partnership to new accounts. The Vietnam war raged full force on the other side of the world and the stock market was being driven up by those who hadn't been around during the depression. All while voicing his concern for rising stock prices, the partnership pulled its biggest coup in 1968, recording a 59.0% gain in value, catapulting to over $104 million in assets.

Taking Control of Berkshire Hathaway
The next year, Warren went much further than closing the fund to new accounts; he liquidated the partnership. In May 1969, he informed his partners that he was "unable to find any bargains in the current market". Buffett spent the remainder of the year liquidating the portfolio, with the exception of two companies - Berkshire and Diversified Retailing. The shares of Berkshire were distributed among the partners with a letter from Warren informing them that he would, in some capacity, be involved in the business, but was under no obligation to them in the future. Warren was clear in his intention to hold onto his own stake in the company (he owned 29% of the Berkshire Hathaway stock) but his intentions weren't revealed.
Warren Buffett Gains Control of Berkshire HathawayBuffett's role at Berkshire Hathaway had actually been somewhat defined years earlier.
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Market Maker Venture FundSee Your Money Gaining. The Big Profits For Small Investorswww.marketmakerventurefund.comOn May 10, 1965, after accumulating 49% of the common stock, Warren named himself Director. Terrible management had run the company nearly into the ground, and he was certain with a bit of tweaking, it could be run better. Immediately Mr. Buffett made Ken Chace President of the company, giving him complete autonomy over the organization. Although he refused to award stock options on the basis that it was unfair to shareholders, Warren agreed to cosign a loan for $18,000 for his new President to purchase 1,000 shares of the company's stock.
Two years later, in 1967, Warren asked National Indemnity's founder and controlling shareholder Jack Ringwalt to his office. Asked what he thought the company was worth, Ringwalt told Buffett at least $50 per share, a $17 premium above its then-trading price of $33. Warren offered to buy the whole company on the spot - a move that cost him $8.6 million dollars. That same year, Berkshire paid out a dividend of 10 cents on its outstanding stock. It never happened again; Warren said he "must have been in the bathroom when the dividend was declared".
In 1970, Buffett named himself Chairman of the Board of Berkshire Hathaway and for the first time, wrote the letter to the shareholders (Ken Chace had been responsible for the task in the past). That same year, the Chairman's capital allocation began to display his prudence; textile profits were a pitiful $45,000, while insurance and banking each brought in $2.1 and $2.6 million dollars. The paltry cash brought in from the struggling looms in New Bedford, Massachusetts had provided the stream of capital necessary to start building Berkshire.
A year or so later, Warren Buffett was offered the chance to buy a company by the name of See's Candy. The gourmet chocolate maker sold its own brand of candies to its customers at a premium to regular confectionary treats. The balance sheet reflected what Californians already knew - they were more than willing to pay a bit "extra" for the special "See's" taste. The businessman decided Berkshire would be willing to purchase the company for $25 million in cash. See's owners were holding out for $30 million, but soon conceded. It was the biggest investment Berkshire or Buffett had ever made.
Following several investments and an SEC investigation (after causing a merger to fail, Warren and Munger offered to buy the stock of Wesco, the target company, at the inflated price simply because they thought it was "the right thing to do". Not surprisingly, the government didn't believe them), Buffett began to see Berkshire's net worth climb. From 1965 to 1975, the company's book value rose from $20 per share to around $95. It was also during this period that Warren made his final purchases of Berkshire stock (when the partnership dolled out the shares, he owned 29%. Years later, he had invested more than $15.4 million dollars into the company at an average cost of $32.45 per share). This brought his ownership to over 43% of the stock with Susie holding another 3%. His entire fortune was placed into Berkshire. With no personal holdings, the company had become his sole investment vehicle.
In 1976, Buffett once again became involved with GEICO. The company had recently reported amazingly high losses and its stock was pummeled down to $2 per share. Warren wisely realized that the basic business was still in tact; most of the problem were caused by an inept management. Over the next few years, Berkshire built up its position in this ailing insurer and reaped millions in profits. Benjamin Graham, who still held his fortune in the company, died in in September of the same year, shortly before the turnaround. Years later, the insurance giant would become a fully owned subsidiary of Berkshire.

This post is taken from about.com

KLCC May Tower

noreply@blogger.com (Stanley ooi) — Sat, 24 May 2008 06:17:00 +0000

The Maytower is a 32-storey service apartment which houses 537 units service apartment with the size range of 351 sq ft - 700 sq ft. At present Maytower is due to be completed in the first quarter of 2007. Accessible to major roads in Kuala Lumpur, Maytower trails easy means of traveling within the city center with shopping, eateries, entertainment outlets and various central business districts.
Maytower is fully equipped with facilities such as gymnasium, swimming pool, sauna room, state-of-the-art security systems, whilst located along Jalan Munshi Abdullah, at the fringe of city center.

In-hse Condition of 5, PUJ 6/9, Tama Puncak Jalil

noreply@blogger.com (Stanley ooi) — Wed, 21 May 2008 13:58:00 +0000

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PUJ 6/9, No. 5, Taman Puncak Jalil

going at RM 550.00, 2months deposit+ 1 month Rental+ RM 300 Utilities deposit

PUJ 6/4, No. 2,4 (No Grill Yet) Ready in July or one month time upon confirmed

*Both the units (No. 2 & 4) are very run down, need to touch up

No.2, PUJ 6/4 is going at RM 600/ month, deposit same as above
No.4, PUJ 6/4 is going at RM 550/month, deposit same as above

Defects

Kiara Designer Suites, Mont Kiara

noreply@blogger.com (Stanley ooi) — Tue, 20 May 2008 09:22:00 +0000

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View From Cabana Unit

Developer Website: Sunrise Bhd

Condominium living combines the best of an inner-city lifestyle with the benefits of living in a landed property, such as spaciousness and amenity. Mont'Kiara is one of Malaysia's most recognised condominium developments, says Sunrise Berhad chief marketing officer, Lee Meng Tuck. "Mont'Kiara is a purpose-designed, award winning condominium village that offers residents an array of resort-style living options." Featured on this page is Mont'Kiara Damai, one of Sunrise Berhad's lowest-densitycondominium projects so far, at just 26 units per acre. Completed in 2004, its high-level finishes and facilities are typical of a Sunrise Berhad development, says Lee.

The latest addition to Mont'Kiara will be Sunrise Berhad's Kiara Designer Suites. "Kiara Designer Suites is located on three acres of freehold land and holds a total of 324 suites in the 29-storey tower block, as well as a further 14 cabana suites located on the fully landscaped recreation deck. Unit sizes range from 100m2 to 133m2," says Lee.Continuing Sunrise Berhad's reputation for discerning residences, Kiara Designer Suites will feature a 15-metre high rainforest-themed entrance lobby. Like other Sunrise Berhad condominiums, Kiara Designer Suites will also offer a range of sports facilities for residents. Kiara Walk – a boutique retail and commercial zone – will also be a feature of the development.

Selling price: below RM 650K

Rental: RM 3K- RM 5K dpending upon furnitures given

Mont Kiara- Kiaraville condominium

noreply@blogger.com (Stanley ooi) — Mon, 19 May 2008 16:31:00 +0000

Location Map

Site Plan

“On earth there is no heaven, but there are pieces of it” -Jules Renard (Kiaraville sales tagline)
We were out looking for another development launch around Mont’Kiara the other day (it’s a bad thing for a property launch when people can’t find your sales office!), but we found Kiaraville. Since we were fed up of looking for the other launch, we parked our car and checked out this place we have been seeing featured in The Edge and Trends magazine.
We were quite pleasantly surprised.
First the location. A lot can be said about the conquest of forest reserve and nice greenery by condos and luxury homes in Bukit Kiara, so we won’t go into it. What is obvious is that the entire area right from Desa Sri Hartamas all the way up to the Segambut road / Wilayah Mosque has become a status symbol among housebuyers, making it the new (and much better) Bangsar.
We can rattle off the long list of up-market projects completed and under construction there, but let’s talk about Kiaraville today. To get there, turn off the Sprint highway after Desa Sri Hartamas, follow the imposing walled road. Then turn right at Mont’Kiara, pass the well guarded Sunrise territory, and go ALL the way to the end of the road, past the dozens of worker camps and ongoing projects.
It’s located next to the NKVE highway, and with existing greenery and a decent view of the KL skyline. The advantage of the condo is that there are two bungalow projects just next to it, thereby guaranteeing an unobstructed view in that direction.
As for the condo itself, the first impression we got was a many different unit types set in 6 different towers (of varying heights), giving buyers a good range of choice. Some blocks are 9 floors, some are 18 floors. Each floor has 1-6 units, ensuring an excellent mix of height, view and pricing for everyone.
We kind of like some of the unit layout. They have introduced many corners, instead of straight walls. This give a angular façade outside, and interesting nooks and crannies inside. Another interesting feature is the covered balcony with ample windows, which they call ‘lanai’. Very interesting concept. Furthermore, French windows are preferred here.
The common facilities provided are above the average in the market, with gym, function room, multiple pools (including play pool and a kid’s pool), squash and tennis courts, private walled garden and the works. Parking is provided in 3 levels of basement. The development is enveloped in lush greenery, something which is very attractive and appealing to potential buyers. This aspect of landscaping is very easy and affordable for developers to implement, however sad to say most condo developers we see prefer to fill up every available space with parking lots or grey inefficient structures. Score brownie points for Kiaraville.
We were very impressed with the timber decked pool lounge with a cascading pool, surrounded by shady trees. The entrance was equally impressive, with a fair-faced curved concrete wall inviting the visitor in to Kiaraville. A touch of class, I must say. The architect for the project is none other than BEP Akitek, one of the premier architect firms in the country. (Incidentally, one of the partners, the late Dato’ Kington Loo, was a personal acquaintance).
Being in Mont’Kiara, it suffers/enjoys the usual problems/perks. First the perks: High class address, expatriate tenants, good return on investment, near to international schools. Near to KL, shopping paradise, gourmet food heaven in Desa Sri Hartamas. Near to Sprint, NKVE, LDP, Jalan Duta. Then the problems: Only one access road at Mont’Kiara at the moment. You cannot even begin to imagine to congestion during peak hour. There is another alternative route planned out to KL, but that’s in the future. Area will suffer from over-development soon.
The sales and marketing for this project is handled by an international real estate agent, in association with a local agent.
For the record, this is a joint venture between Binaderas with Singapore property giant Capitaland (no relations to the Malaysia company Capital Land) and OCBC Bank, Singapore. Binaderas is owned by the same people from Ireka Corporation, who have a property arm called i-Zen, currently also marketing some projects in the area (opposite Plaza Mont’Kiara). Many of the units are actually booked for the coming launch in Hong Kong, so that may be a good sign for investors looking for appreciation in price.

Project Name
Kiaraville
Location
Mont’Kiara, Kuala Lumpur
Description
6 towers of Residential apartments with common facilities
Price
RM696,000 to RM3,062,000(starting from about RM400psf.)
Unit size
1650sq.ft. to 3500sq.ft.
No of units
404(Second phase coming soon)
Type of development
Residential apartment units on freehold land
Launch Date
Feb 2005, currently available
Expected Completion
December 2007
Developer
JV between Binaderas Sdn. Bhd., Capitaland and OCBC Bank (Singapore)(Binaderas is owned by the directors of Ireka Corporation Bhd.)
Contact
603-6203 1919
Website
www.kiaraville.com.my

This post is taken from Property Malaysia.

Selling Price: From RM 600 per square foot

Rental: From RM 4 per square foot

Marc Residence Service Apt- KLCC

noreply@blogger.com (Stanley ooi) — Tue, 09 Oct 2007 12:07:00 +0000

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Kuala Lumpur City Centre, Malaysia
Marc Service Residence is strategically located across Petronas Twin towers, Mandarin Oriental Hotel, Suria KLCC & KL Convention Centre and neighbour to Ascott Serviced Apartment.Completed in July 2007, this brand new freehold development with a prestigious address is designed for urban living with full recreational facilities & hotel services such as concierge, housekeeping & F&B services. Units ranges from studio/1/2/3 & 4-bedroom apartments.

Facilities:
Business Centre, Cafeteria, Covered Parking, Gymnasium, Playground, Sauna, Squash Court, Swimming Pool, Tennis Court, 24hr Security

My Specialty

noreply@blogger.com (Stanley ooi) — Tue, 09 Oct 2007 11:34:00 +0000

Ever wondered how a Malaysian realtor live and work? This is the blog for u to explore what I did Daily.

I ve been working in this line for more than 8 years, and my current specialty is marketing Apartments and High -end Condo.

How high or low is the price? Well, let's see, I am now controlling over 3 low cost apartments near KLIA (Kuala Lumpur International Airport) ;Its name is Kekwa. Kenanga and Kiambang Apt. Its name is derived from differntly kind of flowers (Malay name). However, don't ask me why, I ve no idea of the exact flowers nor its group.

The rental is between only RM 250- RM 400 monthly, selling price is between RM 50K- RM 75K averagely. Ok, just checked with my UBS , sorry, No photos of this apt is available.

My other specialty area is Nearby KLCC, whereas the price there is, I believe, the most expensive among the whole Malaysia Condo, Ranging from RM 8 psf for rental and RM 1200 psf for a unit.