Tuesday, March 11, 2008
Real Estate Investment Trust (REIT)
Hektar Real Estate Investment Trust (REIT) has acquired a shopping complex and hotel tower, together with a basement car park, in Muar, Johor, from Wetex Realty Sdn Bhd.
Malaysian prime office space
Prices of prime office space in Malaysia may hit RM1,500 per sq ft this year spurred mainly by demand from foreign buyers.
the current benchmark price of RM1,230 per sq ft paid by Kuwait Finance House (Malaysia) Bhd last January for half of the upcoming Menara YNH on a 1.2ha freehold tract along Jalan Sultan Ismail, Kuala Lumpur.
demand for office space in Kuala Lumpur was also pushing up rentals, which hovered in the range of RM5 per sq ft to RM7.80 per sq ft last year, when 3.25 million sq ft or 94.2% of the new supply 3.45 million sq ft in the Klang Valley were leased out.
In 2007, office vacancy levels in the Klang Valley improved to 13.2% from 13.9% in the previous year. The current office space supply of 68.6 million sq ft is expected to grow by 5% this year. The new buildings coming into the market include Menara Commerce and PJ Eight and several more within Mid Valley.
prices of luxury high-rise residential units to hit new highs of between RM2,500 per sq ft and RM3,000 per sq ft in anticipation of projects like the “Four Seasons Place” setting new benchmark rates.
High-end condominiums in the Kuala Lumpur City Centre is already fetching about RM2,000 per sq ft. But stiff competition due to additional supply of luxury high-rise homes this year will add pressure to occupancy and rentals.
projects comprising 3,644 units of upmarket serviced apartments are due for completion this year, adding on to the 6,421 units in 2007.
read more in http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_969a7ef8-cb73c03a-160c4b00-dfba5069
the current benchmark price of RM1,230 per sq ft paid by Kuwait Finance House (Malaysia) Bhd last January for half of the upcoming Menara YNH on a 1.2ha freehold tract along Jalan Sultan Ismail, Kuala Lumpur.
demand for office space in Kuala Lumpur was also pushing up rentals, which hovered in the range of RM5 per sq ft to RM7.80 per sq ft last year, when 3.25 million sq ft or 94.2% of the new supply 3.45 million sq ft in the Klang Valley were leased out.
In 2007, office vacancy levels in the Klang Valley improved to 13.2% from 13.9% in the previous year. The current office space supply of 68.6 million sq ft is expected to grow by 5% this year. The new buildings coming into the market include Menara Commerce and PJ Eight and several more within Mid Valley.
prices of luxury high-rise residential units to hit new highs of between RM2,500 per sq ft and RM3,000 per sq ft in anticipation of projects like the “Four Seasons Place” setting new benchmark rates.
High-end condominiums in the Kuala Lumpur City Centre is already fetching about RM2,000 per sq ft. But stiff competition due to additional supply of luxury high-rise homes this year will add pressure to occupancy and rentals.
projects comprising 3,644 units of upmarket serviced apartments are due for completion this year, adding on to the 6,421 units in 2007.
read more in http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_969a7ef8-cb73c03a-160c4b00-dfba5069
Thursday, February 14, 2008
KSL Holdings Berhad
listing on the main-board of Bursa Malaysia. some successful housing projects in Johor Bahru consist of Taman Nusa Bestari 2, Taman Nusa Bestari, Taman Bestari Indah and Taman Kempas Indah.
KSL Holdings Berhad (KSLH) is a Malaysia-based company engaged in investment holding and provision of management services to the subsidiaries. The Company, through its subsidiaries, is engaged in property development, property management and property investment. It is involved in the development of residential and commercial properties, management of apartments and investment in real properties. The Company has 18 direct subsidiaries, including Khoo Soon Lee Realty Sdn. Bhd., Goodpark Development Sdn. Bhd., Harapan Terang Sdn. Bhd., Bintang-Bintang Development Sdn. Bhd., Eversonic Sdn. Bhd., Prosper Plus Industry Sdn. Bhd., Exportex Sdn. Bhd. and KSL Properties Sdn. Bhd., among others.
KSL City comprises a commercial podium which consists of retail shops, departmental store, cinemas, car parks, hotels and condominiums podium
Taman Nusa Bestari comprising two (2) parcels of freehold lands measuring approximately 227 acres. The lands are located along Jalan Sungai Danga and both sides of the Second Link Highway from Johor Bahru to Singapore.
Taman Bestari Indah covering an estimated area of over 700 acres is located
at about 19 kilometres north of Johor Bahru city centre and about 4 kilometres west of Ulu Tiram town.
Taman Kempas Indah is located at about 18 kilometres north of Johor Bahru city centre and is strategically situated along the North-South Highway, Jalan Maju Jaya and adjacent to north-east of the Kempas Interchang
Maharani Riviera, a new township planned in Muar, was duly approved by the relevant authorities in 2006. It is located immediately after the Sultan Ismail Bridge (Muar Bridge) from the Muar town centre and at the waterfront of Sungai Muar and Straits of Malacca respectively.
KSLH is traditionally a company that grew up from the small town of Segamat.
source:
http://www.ksl.net.my/thekslgroup.htm, http://www.reuters.com/finance/stocks/companyOfficers?symbol=KSLH.KL http://www.ksl.net.my/userfiles/image/2009.pdf
Mr. Ku Hwa Seng serves as Executive Chairman of the Board at KSL Holdings Bhd since February 24, 2011. He was appointed to the Board on November 19, 2001 as an Executive Director. He joined the KSL Holdings ("KSLH") Group in 1981 and has since gained invaluable experience and built a business network over the past twenty-nine (29) years in the property development industry. Presently, he is involved in the KSLH Group's business development and operations in south Johor. He oversees the day-to-day management, decision-making and operations of the office in Johor Bahru. He is a director of most of the subsidiary companies of the KSLH Group and also a director of several other private limited companies.
Mr. Khoo Cheng Hai @ Ku Cheng Hai Group Managing Director and Executive Director of KSL Holdings Berhad since November 19, 2001. He is Founder of the KSL Holdings Berhad Group. He is the driving force behind the Company's development, growth and expansion. With his experience, he is responsible for the Company's business development and day-to-day operations of the Company. He is Director of most of the subsidiary companies within the Company and also Director of several other private limited companies.
Mr. Ku Tien Sek is Executive Director of KSL Holdings Berhad since November 19, 2001. He has been involved in the management of the Company since 1981 particularly in the Company's public relations as well as the formulation of the strategic plans and policies. Presently, he is involved in the business development and operations in south Johor especially Taman Bestari Indah. He is also responsible for the development of the future expansion plans, particularly in the Klang Valley. He is Director of most of the subsidiary companies within the Company and also Director of several other private limited companies.
KSL Holdings Berhad (KSLH) is a Malaysia-based company engaged in investment holding and provision of management services to the subsidiaries. The Company, through its subsidiaries, is engaged in property development, property management and property investment. It is involved in the development of residential and commercial properties, management of apartments and investment in real properties. The Company has 18 direct subsidiaries, including Khoo Soon Lee Realty Sdn. Bhd., Goodpark Development Sdn. Bhd., Harapan Terang Sdn. Bhd., Bintang-Bintang Development Sdn. Bhd., Eversonic Sdn. Bhd., Prosper Plus Industry Sdn. Bhd., Exportex Sdn. Bhd. and KSL Properties Sdn. Bhd., among others.
KSL City comprises a commercial podium which consists of retail shops, departmental store, cinemas, car parks, hotels and condominiums podium
Taman Nusa Bestari comprising two (2) parcels of freehold lands measuring approximately 227 acres. The lands are located along Jalan Sungai Danga and both sides of the Second Link Highway from Johor Bahru to Singapore.
Taman Bestari Indah covering an estimated area of over 700 acres is located
at about 19 kilometres north of Johor Bahru city centre and about 4 kilometres west of Ulu Tiram town.
Taman Kempas Indah is located at about 18 kilometres north of Johor Bahru city centre and is strategically situated along the North-South Highway, Jalan Maju Jaya and adjacent to north-east of the Kempas Interchang
Maharani Riviera, a new township planned in Muar, was duly approved by the relevant authorities in 2006. It is located immediately after the Sultan Ismail Bridge (Muar Bridge) from the Muar town centre and at the waterfront of Sungai Muar and Straits of Malacca respectively.
KSLH is traditionally a company that grew up from the small town of Segamat.
source:
http://www.ksl.net.my/thekslgroup.htm, http://www.reuters.com/finance/stocks/companyOfficers?symbol=KSLH.KL http://www.ksl.net.my/userfiles/image/2009.pdf
Mr. Ku Hwa Seng serves as Executive Chairman of the Board at KSL Holdings Bhd since February 24, 2011. He was appointed to the Board on November 19, 2001 as an Executive Director. He joined the KSL Holdings ("KSLH") Group in 1981 and has since gained invaluable experience and built a business network over the past twenty-nine (29) years in the property development industry. Presently, he is involved in the KSLH Group's business development and operations in south Johor. He oversees the day-to-day management, decision-making and operations of the office in Johor Bahru. He is a director of most of the subsidiary companies of the KSLH Group and also a director of several other private limited companies.
Mr. Khoo Cheng Hai @ Ku Cheng Hai Group Managing Director and Executive Director of KSL Holdings Berhad since November 19, 2001. He is Founder of the KSL Holdings Berhad Group. He is the driving force behind the Company's development, growth and expansion. With his experience, he is responsible for the Company's business development and day-to-day operations of the Company. He is Director of most of the subsidiary companies within the Company and also Director of several other private limited companies.
Mr. Ku Tien Sek is Executive Director of KSL Holdings Berhad since November 19, 2001. He has been involved in the management of the Company since 1981 particularly in the Company's public relations as well as the formulation of the strategic plans and policies. Presently, he is involved in the business development and operations in south Johor especially Taman Bestari Indah. He is also responsible for the development of the future expansion plans, particularly in the Klang Valley. He is Director of most of the subsidiary companies within the Company and also Director of several other private limited companies.
Monday, February 11, 2008
Friday, January 4, 2008
Tmn Indahpura
Indahpura which means"Beautiful City" in malaysprawls over 7,000 acres in Kulaijaya, Johor.
Official webpage
http://www.asiatic.com.my/property/indahpura/indahpura.htm
Location map:
http://wikimapia.org/2365558/Asiatic_Indahpura
Official webpage
http://www.asiatic.com.my/property/indahpura/indahpura.htm
Location map:
http://wikimapia.org/2365558/Asiatic_Indahpura
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