Penang Property Guru | WTF Property | NEW! Pre-launch PrestigiousShoplot And Condo For Sale

A Most Prestigious Business Address

An introduction to a new commercial shop lots, Signature Avenue is located within walking distance from The Signature Condominium.

As classy as the name sounds, Signature Avenue, having only 9 shops, will have some interesting mix of branded retail shops, mini-market and a couple of eateries, just to mention a few. This will give residences living in the area the convenience of shopping without the hassle of driving out just to have a meal or to get their daily necessities.

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

Interested please contact Vulcan Lau, mobile: +6 016 451 1321.

Back to Main Page: www.VulcanInternational.blogspot.com

Penang Property Forum | Star Property Fair 2013 | StarProperty.My |Stylish Living Property Fair 2013

StarProperty.My | Stylish Living Property Fair 2013

18-21 July 2013 (Thursday-Sunday) at Gurney Plaza and G Hotel

Updates: It was reported that the just concluded Stylish Living Property Fair 2013 managed to locking in some RM227.6 millions from sales of residential and commercial properties showcased in G Hotel and Gurney Plaza.

Masmeyer Holdings Sdn Bhd generated RM50 millions in sales from some 50 units of it's Marinox condominium in Tanjung Tokong.

Singapore-based UOA Group and Magna Putih respectively sold about RM25 millions and RM20 millions worth of property in Kuala Lumpur and Penang.

UOA sold about 25 units of its Scenaria@North Kiara Hills condominium project in Mont Kiara while Magna Putih sold 20 units of its Mansion One serviced suites in Jalan Sultan Ahmad Shah, Penang.

Mayland Universal Sdn Bhd (RM15mil), Mammoth Empire Holdings Sdn Bhd (RM10mil), Malaysian Resources Corp Bhd (RM15mil), and Venn Properties Sdn Bhd (RM6mil) registered RM46mil in sales.

UEM Sunrise Berhad, SP Setia Bhd, Bukit Kiara Properties Sdn Bhd, TPPT Sdn Bhd, and Lone Pine Group achieved RM68.6mil in sales during the event which ended yesterday.

SP Setia sales and marketing manager Susie Loh said they secured RM18.6mil in sales despite many people not being able to make up their mind on the spot.

UEM sales and marketing senior manager Shamsul Bahari Aini said they managed to hit RM20mil.

“We sold about 15 units and this is one of our best results in The Star Property Fair.

“In fact, I believe we can even surpass our target as there are at least five buyers who looked really interested in our projects,” he said.

BHL Waterfront Sdn Bhd and Bandar Utama Development Sdn Bhd secured RM20mil and RM3mil in sales respectively.

The Star advertising sales and business development manager (north) Simone Liong said about 40,000 people visited the fair.

Projects to be introduced include:
(1) Setia Sky Vista condominium being developed by SP Setia Bhd,
(2) Marinox Sky Villas by Masmeyer Development
(3) Sandilands by BHL Waterfront
(4) Sentinelle Ville by DNP Land
(5) Summer VOS by UEM Sunrise
(6) The Sentral Residences by MRCB
(7) Quill, Pine Sanctuary and 1Tanjong by the Lone Pine Group
(8) Foresta by Land & General
(9) Verve Suites KL South by Bukit Kiara Properties
(10) G Residences by HCK Capital Group
(11) Regalia by Mayland
(12) Platinum III by TPPT
(13) City Mall by BM City
(14) 9 Bukit Utama and The Effingham by Bandar Utama Development
as well as properties in Melbourne.

Back to Main Page: www.VulcanInternational.blogspot.com

Penang Property Malaysia | Penang Properties | Penang Apartment |Property For Sale | German envoy's bungalow for sale - at RM200mil

Property Prices in Jalan Kia Peng transactions | British High Commission RM295mil(134,075 sq ft) | 14 Persiaran Stonor RM72mil(43,082 sq ft)

VulcanInternational: We've a piece of this kind of prime land at Jalan Raja Chulan, Kuala Lumpur with asking price of RM1,200 per sq ft. Interested please contact Vulcan Lau, mobile: +6 016 451 1321
___________________________________________________________________

KUALA LUMPUR: It has long been an iconic landmark in the prestigious Jalan Kia Peng area. However, the sprawling residence of the German ambassador, well known for its huge receptions and cocktails, will soon be no more.

The 80,000 sq ft plot on which the residence stands is being put up for sale.

Interested bidders will need deep pockets – the asking price is a whopping RM200mil.

There will be no shortage of bidders, though, going by the interest generated by the sale of the British chancery located a stone’s throw away in Jalan Ampang. It was was sold for RM294.97mil last year.

The German Embassy’s head of the cultural and press department Kathrin Heidl confirmed that the German Foreign Ministry had decided to give up the landed property.

She said the embassy would process the sale with the assistance of an agent.

The residence is now empty following the departure of Ambassador Dr Guenter Gruber on June 30.

Heidl said Gruber’s successor, Holger Wilfried Michael, would move into a rented property at Jalan Langgak Golf when he arrives on Aug 9.

The bungalow, resembling a clubhouse with a pitched roof, was built in such a way that the various portions of the house are seamlessly connected to each other, with huge rooms and entertainment areas.

Guests were able to move from one area of the house to another while the private quarters remained out of bounds.

The sale signals the changing sign of times for the local diplomatic corps.

Many of the larger missions prefer to sell off their landed properties and move into high-rise buildings.

Besides raking in a huge profit, there is also the advantage of added security available at the high-rise buildings and huge savings in terms of maintenance cost.

The British High Commission will be relocated to the nearby high-rise Menara Binjai.

A property agent said the Germans may be selling the grounds for the same reason as the British. “They want to monetise the land,’’ he added.

Land prices in the Kuala Lumpur City Centre (KLCC) area have stabilised and continue to generate interest from foreign parties from Singapore, Japan, South Korea and Taiwan.

Several land deals in the KLCC area last year were clinched within RM1,600 to RM1,700 per sq ft.

Pic below: Bungalow belonging to the German Embassy in Kuala Lumpur at Jalan Kia Peng put up for sale with asking price of RM200 mil or RM2,500 per sq ft.

Back to Main Page: www.VulcanInternational.blogspot.com

Penang Property Talk | Penang Properties | Property In Sale | CondoApartment | G Residences Ara Damansara

Malaysian Property | For Sale Condo | Vegamark Sdn Bhd under HCK Capital Group brings to you G Residences Ara Damansara with Lifestyle Mall concept. The Ara Damansara series was opened for purchase on late October 2012.

Situated at excellence location which is 3 mins away from LRT station. The G Residences Ara Damansara scheduled to be completed by mid 2005. The LRT will be completed on the same year.

The stylish and modern G Residences at Ara Damansara offers a wide range of delights and luxuries. With the unbeatable combination of lifestyle and leisure shops below, the distinction of having it all under one roof belongs solely to G Residences Ara Damansara.

Contemporary desires are fulfilled by intricate luxuries. Here, at G Residences, the range of amenities and facilities are immense. It follows a happening design with trend-setting appeal. With this concept, what is ordinary is simply transformed into extraordinary.

Lifestyle facilities include: Swimming pool, Gymnasium, Multi-purpose Hall, 24 hours security.

Ever wondered what a population catchment of 1,000,000 pupils can do for your property investment?

Today G Residences Ara Damansara offers exceptional RENTAL RETURNS(6%) driven by HIGH DEMAND through high catchment with super strategic LOCATION above Lifestyle Shopping Mall.

As the heart of nucleus of convenience and reach, G Residences Ara Damansara within short walking distance to Ara Damansara LRT station(expected completion 2015), high accessibility to major highways(NKVE, KESES, LDP, ELITE, FEDERAL Highway, GUTHRIE Highway), 5 mins Bandar Sunway, 10 mins to The Curve, 20 mins to KLCC, 30 mins to KLIA.

G Residences Ara Damansara comprises of 180 units with two types of build up(933 sq ft and 1,184 sq ft). It's housed in 14-Storey condo from 5th Floor to 14th Floor. 5,000 car parks is allocated for G Residences Ara Damansara.

Interested please contact Vulcan Lau, mobile +6 016 451 1321 for more details.

Back to Main Page: www.VulcanInternational.blogspot.com

Penang Property Talk | Singapore Property Market News | S’pore homeprices up again

VulcanInternational : Contrary to Malaysian's property market sector, Singapore's property market sector is much more volatile in buying up by investors although few measurements as been in place by Singapore government.
_______________________________________________________________________

SINGAPORE: Singapore home prices rose for a fifth straight quarter in the three months to June, and analysts said owners and developers of private apartments in the outer suburbs appear most at risk should the property market correct.

Singapore’s central bank on Friday introduced rules to cap a property buyer’s monthly payments at 60% of income in a bid to stabilise the housing market and to ensure those buying homes would not be caught out by a rise in interest rates.

Based on flash estimates released by the Urban Redevelopment Authority (URA) yesterday, prices of apartments in Singapore’s core central region, which includes the posh Orchard Road district popular with foreign investors, have risen by 49% since the end of the global financial crisis in 2009.

In contrast, prices of homes outside the central region, which are areas more popular with ordinary Singaporeans on lower budgets, have increased by 70%.

Wilson Liew, a property analyst at Maybank Kim Eng, said the large majority of property transactions in recent quarters had been in areas outside the city-centre, whereas activity in the core central region had been muted. “Our view is that the mass market residential segment is the most vulnerable to downside price pressure,” he said.

Shares in Singapore property developers fell yesterday on concerns the latest government measures would crimp demand for apartments, with South-East Asia’s biggest real estate company Capitaland Ltd down 1.6% by 0240 GMT and City Developments Ltd dropping 1.2%.

National Development Minister Khaw Boon Wan, in remarks reported by local media yesterday, said the tougher rules were aimed at property investors rather than potential home owners.

“It’s not really a cooling measure as such… It is a structural measure which is good to ensure a more stable property market,” he told the Straits Times, adding that current low interest rates were not sustainable.

“We do have buyers stretching themselves, buying second or third properties,” Khaw said.

The URA flash estimates showed private residential property prices rose 0.8% in the second quarter from the first three months of the year, accelerating from the preceding period’s 0.6% gain.

The rise in the index hid a divergence in the housing market, however, as prices of non-landed homes in the core central region fell, while prices outside central region rose 3% quarter-on-quarter, more than double the previous quarter’s 1.4% pace. — Reuters

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Back to Main Page: www.VulcanInternational.blogspot.com