Finally, H&M-owned, London-based COS setting up store in Malaysia Registration

The brand, which is owned by H&M but distinct in its more mature pricing and designs, will open its first doors in Malaysia as soon as the end of this year right here in Kuala Lumpur.

If H&M is about all things trendy and of-the-moment, just like its many collaborations with celebrated high fashion designers, COS is about timeless, classic pieces offered at a price-tier one step above.

It has been making waves amongst those in the fashion community for offering reinvented classics and wardrobe essentials. Sparse, muted, minimal – it adheres to an aesthetic that many would find easy to adopt.

Little details have been released but what we do know is that the new standalone fashion store will take up home in Pavilion KL and will be housed across two floors measuring an approximate 500 meters squared of sales area.

The KL store will most likely offer a full range of designs for men, women and children.

COS managing director Marie Honda says, “We are looking forward to the launch of COS in Malaysia. Our expansion into the market is an exciting step for the brand and we hope to continue to extend our reach across Asia in the future.”

The Spring/Summer 2016 collection from COS comprise minimal looks with a modern edge. From unlined blazers and cotton boilersuits for men, to light, oversized coats and cullote pants for women, they all look perfect for our weather.

COS was first launched in London in 2007. Since then, the brand has gone on to open stores in 31 markets. Malaysia will be the sixth Asian market of its expansion, after the launch in Hong Kong in 2012.

Since the opening of the first H&M store in Malaysia in September 2012, the H&M Group has expanded aggressively nationwide and now has 24 H&M stores and 5 Monki stores.

Meanwhile, Malaysia’s first-ever Dior Homme luxury designer store has opened at Suria KLCC. The new store will offer a selection of ready-to-wear, footwear, leather goods, eyewear and jewelry collections.

 

Adapted from:
H&M-owned COS coming to Malaysia end of this year, Malaysia Tattler, 19 February 2016.

Welcome to Gurney Wharf, Penang’s new waterfront park-in-the-city Registration

The state government initiative, named as Gurney Wharf, will be created on 60 acres of land to be reclaimed by Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Berhad (E&O).

The proposed Gurney Wharf concept masterplan is divided into four areas that will feature a seaside retail food and beverage area, water gardens, a man-made beach and a coastal grove spanning some 1.5km of shoreline.

“This masterplan concept will create a new iconic waterfront destination for Penang and for the benefit of the people of Penang,” Penang Chief Minister Lim Guan Eng said in a news conference at his office here.

“Drawing inspiration from some of the world’s best public spaces we aspire to create a spacious, multi-functional public park-in-the-city that is international in standard yet 100% Penang in spirit,” he said.

“We want to create a catalyst not only for tourism but also for economic prosperity, and to put Penang back on the global map,” he added.

Lim said the state has already approved land reclamation work for the Gurney Drive seafront and is now proposing the concept masterplan for Gurney Wharf on 131 acres of reclaimed land to gain public feedback.

Lim commended E&O for the group’s initiative in engaging award-winning international consultants at its own cost to prepare the plan.

The consultants – GDP Architects for the overall masterplan, Grant Associates for landscaping and Jerde Partnership for retail F&B – were highly acclaimed and have impressive portfolios that include the Aga Khan-award-winning Universiti Teknologi Malaysia (by GDP), Gardens by the Bay in Singapore (Grant) and Roppongi Hills, Japan (Jerde).

The proposed masterplan for the massive project, expected to cost hundreds of millions ringgit, will be publicly displayed at an exhibition at Level Two in Komtar from today until Friday.

The exhibition, titled “My Gurney Wharf”, will also be displayed at the Gurney Plaza mall for nine days from this Friday.

The 18-month land reclamation works along the seafront of Gurney Drive is expected to start by the end of March while safety fencing along the stretch of promenade will be put up by the end of this month.

According to E&O group corporate strategy director Lyn Chai, the 2km-long anti-climb mesh fencing will be along the perimeter of the Seri Tanjung Pinang Phase Two (STP2) and Gurney Drive foreshore reclamation area.

“We will use a specially-designed permeable mesh fencing material so that the public can continue to use the promenade and enjoy the sea view and breeze,” she said.

TPD is reclaiming land for STP2 as per its concession agreement and reclaiming an additional 131 acres along Gurney Drive for the Penang government.

Lim said it was premature to talk about the cost of the project.

“We have to wait for land reclamation to be completed first before we come to the components of the project. The reclamation is given to us for free.

“When the project has come to fruition, only then will we look into payment, most probably in kind.

“It can be contra through other means, as we do not intend to pay them in cash, perhaps through development,” Lim said.

In the proposal, Gurney Wharf’s seaside retail area will consist of a public promenade and seafront dining facilities including the island’s famed hawker fare and a pier walk.

The water gardens area will be defined by lush gardens, ponds and wetlands with its most distinctive feature being landscaped water gardens with innovative storm water filtration systems.

Modelled after Singapore’s success with this at Gardens By The Bay, this is a pioneering system in Malaysia which is aesthetically outstanding as it is functional.

The beach area will allow the public to gain greater access to nearly 400 metres of the waterfront area that includes a specially-created sandy beach as well as a public park promenade. The existing casuarina trees – a signature of Gurney Drive – would be preserved.

Within the coastal grove, there would be a skate park for teens and youth, not far from the casuarinas lining the present Gurney Drive. The existing casuarinas are a signature of Gurney Drive and will be mindfully preserved.

In enabling easy access to the waterfront for everybody, the proposed concept masterplan incorporates two pedestrian retail underpasses with direct access from Pulau Tikus town.

Conveniences such as underpass lifts and escalators, separate pedestrian walkways and cycling paths as well as ramps for wheelchairs and strollers have been included in the design.

There will also be some 1,500 car park bays above and below ground level.

Once the project is approved, Phase One of Gurney Wharf is expected to be completed by middle of 2018. The second phase – the seafront retail outlets – is scheduled for completion by 2020.

Penang’s Gurney Wharf Masterplan

View the embedded image gallery online at:
http://www.ptlm.com.my/index.php/component/k2/14-urban-metro/gurney-wharf-penang-s-new-waterfront-park-in-the-city#sigProIddca6734470

 

Central i-City shopping centre to open October 2018 Registration

i-City developer I-Bhd and Bangkok-based property developer and investor Central Pattana Public Co Ltd (CPN) is in a 40:60 joint venture (JV) to develop the RM850 million shopping centre.

The shopping centre will sit on a 1.5 million sq ft freehold tract and has a net lettable area (NLA) of 940,000 sq ft with approximately 350 shops.

Senior executive vice president of business development and construction manager of CPN Wallaya Chirathivat said the shopping mall will carry brands from Malaysia, Thailand and other countries.

“We are still in the midst of doing our market research to study the market’s demands and needs before we bring in the tenants,” she said in the ground-breaking ceremony of the shopping centre yesterday.

Central i-City shopping centre is CPN’s first development outside of Thailand.

Chirathivat added that she is confident that the combination of CPN’s expertise in retail and property development with I-Bhd’s knowledge of the local real estate market will result in the best lifestyle development in the Klang Valley.

“We are excited to embark on this journey together with I-Bhd as we are convinced that we are ready to expand our business in the international market in line with our goal to be a retail property developer on a regional scale,” Chirathivat added.

The development of the shopping mall is in line with I-Bhd’s business plan of expanding its leisure and investment property business and to enjoy a strong recurring income stream from these two segments once i-City is fully developed in the next 10 years, said I-Bhd executive chairman Tan Sri Lim Kim Hong, who was also present at the event.

“We plan for i-City to be an international tourism destination, with other components of this tourism plan including three hotels planned for i-City, our own i-City performing arts and convention centre and a medical tourism hub which are still in working plans,” he added.

Minister of International Trade and Industry II Datuk Seri Ong Ka Chuan, who officiated the event, lauded the JV and said the project was a vote of confidence for the Malaysian economy.

“We welcome foreign investment in the shopping mall industry given its high potential of multiplier effects on the property and construction sectors while giving Malaysia’s tourism industry a boost,” he said.

 

News Source: The Edge Property, 19 February 2016

Eco World all set to launch RM260,000 apartments this weekend (Updated) Registration

President and CEO Datuk Chang Khim Wah said the freehold development comprises 750 units of 3-bedroom and 2-bathroom apartments with a built-up size of 800 sq ft.

Every unit comes with two parking bays.

“The Karisma Apartment selling price approximates to RM260,000, and it is opened for registration now,” Chang said in the press statement.

In conjunction with Valentine’s Day, EcoWorld is celebrating the event with the Season’s Flower Show at its Eco Majestic site.

The month-long flower show runs from 13 February to 6 March and features four themed weekends with plenty of fun activities for the family to celebrate Valentine’s Day and Chap Goh Meh (Lunar Valentine’s Day).

The flower show will also take visitors “around the world” as it features familiar icons such as France’s Eiffel Tower, China’s red lanterns, Netherland’s windmills and clogs, Britain’s red telephone booth and mailbox, Portugal’s umbrella sky – all these coupled with colourful flowers around the five-acre Swan Lake.

For couples who want to declare their love and commitment, there will be a chance to do so with love locks on the Love Bridge @ Swan Lake, Eco Majestic.

“Eco Majestic has seen a rapid transformation since its first launch in May 2015. Today, we have a beautiful environment, which we are very proud of and organising a flower show is the perfect opportunity for us to showcase to our customers and the public what we have done thus far in the township,” said Chang.

The 1,089-acre Eco Majestic has a gross development value of RM11.14 billion and is the developer’s maiden township development Klang Valley area.

According to PTLM’s estimates, Eco Majestic is roughly a 15 minutes drive away to The University of Nottingham Malaysia Campus. The township will have a direct connection to the proposed new interchange at Lebuhraya Kajang-Seremban (LEKAS).

EcoWorld has approximately 7,443.9 acres of landbank with a total GDV of RM81 billion.

Currently, it has a presence in the Klang Valley, Iskandar Malaysia and Penang with a total of 17 projects, with products including affordable, upgrader and luxury homes, integrated high-rise developments and green business parks.

 

Unit Selection Event @ 6 March 2016

View the embedded image gallery online at:
http://www.ptlm.com.my/index.php/component/k2/11-insider/ecoworld-all-set-to-launch-rm260-000-apartments-this-weekend#sigProIdcd4535f43c

 

Booking Event @ 20 February 2016

View the embedded image gallery online at:
http://www.ptlm.com.my/index.php/component/k2/11-insider/ecoworld-all-set-to-launch-rm260-000-apartments-this-weekend#sigProId4e72f5b6b5

Images courtesy of EcoWorld, via The Edge Property; and forumers at Lowyat forum.

 

 

Eco Majestic Masterplan

Eco Majestic masterplan indicating the location of Karisma.

 

 

Property Details

Name :   Karisma Apartment Property Type :   Medium Cost Apartment     *Note: This is not Rumah Selangorku. Booking Date :   Saturday, 20 February 2016     *Booking fee: RM5,000 Sch. H of HDA :   Yes Land Area :   10.62 acres Tenure :   Freehold No. of Blocks :   Block 1: 20 storeys     Block 2: 19 storeys  No. of Units :   750 units     – Block 1 – 385 units (20 units/floor)     – Block 2 – 365 units (20 units/floor) No. of Lifts :   3 lifts Unit Types :   800 sq ft / 3-bedder, 2-bath unit      * All units have no balcony, but there is yard         and A/C ledge. Car Parking Bay :   Provided 2 bays per unit     – 1 open carpark and 1 covered carpark     – Covered carpark in multi-storey building Price Range :   RM260,000 (including renovation package) Price Per Sq Ft :   RM325 psf Facilities :   Playground, multi-purpose court, swimming     pool, children pool, public amenities area,      grand guardhouse, surau, covered walkway     to multi-storey carpark building

 

 

Subsequent Launch

Name :   Harmoni Apartment Property Type :   Medium Cost Apartment     *Note: This is not Rumah Selangorku. Booking Date :   To Be Announced Sch. H of HDA :   Yes Land Area :   12.86 acres Tenure :   Freehold No. of Blocks :   Block 1: 20 storeys     Block 2: 19 storeys  No. of Units :   900 units     – Block 1 – 550 units (28 units/floor)     – Block 2 – 350 units (18 units/floor) Unit Types :   900 sq ft / 3-bedder, 2-bath unit      * All units have no balcony, but there is yard         and A/C ledge. Car Parking Bay :   Provided 2 bays per unit     – 1 open carpark and 1 covered carpark     – Covered carpark in multi-storey building Price Range :   RM290,000 (including renovation package) Price Per Sq Ft :   RM322 psf Facilities :   Playground, multi-purpose court, swimming     pool, children pool, public amenities area,      grand guardhouse, surau, covered walkway     to multi-storey carpark building

 

 

Written news reported by The Edge Property, 16 February 2016.

EcoWorld all set to launch RM260,000 apartments this weekend (Updated) Registration

President and CEO Datuk Chang Khim Wah said the freehold development comprises 750 units of 3-bedroom and 2-bathroom apartments with a built-up size of 800 sq ft.

Every unit comes with two parking bays.

“The Karisma Apartment selling price approximates to RM260,000, and it is opened for registration now,” Chang said in the press statement.

In conjunction with Valentine’s Day, EcoWorld is celebrating the event with the Season’s Flower Show at its Eco Majestic site.

The month-long flower show runs from 13 February to 6 March and features four themed weekends with plenty of fun activities for the family to celebrate Valentine’s Day and Chap Goh Meh (Lunar Valentine’s Day).

The flower show will also take visitors “around the world” as it features familiar icons such as France’s Eiffel Tower, China’s red lanterns, Netherland’s windmills and clogs, Britain’s red telephone booth and mailbox, Portugal’s umbrella sky – all these coupled with colourful flowers around the five-acre Swan Lake.

For couples who want to declare their love and commitment, there will be a chance to do so with love locks on the Love Bridge @ Swan Lake, Eco Majestic.

“Eco Majestic has seen a rapid transformation since its first launch in May 2015. Today, we have a beautiful environment, which we are very proud of and organising a flower show is the perfect opportunity for us to showcase to our customers and the public what we have done thus far in the township,” said Chang.

The 1,089-acre Eco Majestic has a gross development value of RM11.14 billion and is the developer’s maiden township development Klang Valley area.

According to PTLM’s estimates, Eco Majestic is roughly a 15 minutes drive away to The University of Nottingham Malaysia Campus. The township will have a direct connection to the proposed new interchange at Lebuhraya Kajang-Seremban (LEKAS).

EcoWorld has approximately 7,443.9 acres of landbank with a total GDV of RM81 billion.

Currently, it has a presence in the Klang Valley, Iskandar Malaysia and Penang with a total of 17 projects, with products including affordable, upgrader and luxury homes, integrated high-rise developments and green business parks.

 

Booking Event @ 20 Feb 2016

View the embedded image gallery online at:
http://www.ptlm.com.my/index.php/kl-traders-square-residences-jalan-gombak/11-insider/ecoworld-all-set-to-launch-rm260-000-apartments-this-weekend#sigProId8ec20d239b

Images courtesy of EcoWorld, via The Edge Property; and forumers at Lowyat forum.

 

 

Eco Majestic Masterplan

Eco Majestic masterplan indicating the location of Karisma.

 

 

Property Details

Name :   Karisma Apartment Property Type :   Medium Cost Apartment     *Note: This is not Rumah Selangorku. Booking Date :   Saturday, 20 February 2016     *Booking fee: RM5,000 Sch. H of HDA :   Yes Land Area :   10.62 acres Tenure :   Freehold No. of Blocks :   Block 1: 20 storeys     Block 2: 19 storeys  No. of Units :   750 units     – Block 1 – 385 units (20 units/floor)     – Block 2 – 365 units (20 units/floor) No. of Lifts :   3 lifts Unit Types :   800 sq ft / 3-bedder, 2-bath unit      * All units have no balcony, but there is yard         and A/C ledge. Car Parking Bay :   Provided 2 bays per unit     – 1 open carpark and 1 covered carpark     – Covered carpark in multi-storey building Price Range :   RM260,000 (including renovation package) Price Per Sq Ft :   RM325 psf Facilities :   Playground, multi-purpose court, swimming     pool, children pool, public amenities area,      grand guardhouse, surau, covered walkway     to multi-storey carpark building

 

 

Subsequent Launch

Name :   Harmoni Apartment Property Type :   Medium Cost Apartment     *Note: This is not Rumah Selangorku. Booking Date :   To Be Announced Sch. H of HDA :   Yes Land Area :   12.86 acres Tenure :   Freehold No. of Blocks :   Block 1: 20 storeys     Block 2: 19 storeys  No. of Units :   900 units     – Block 1 – 550 units (28 units/floor)     – Block 2 – 350 units (18 units/floor) Unit Types :   900 sq ft / 3-bedder, 2-bath unit      * All units have no balcony, but there is yard         and A/C ledge. Car Parking Bay :   Provided 2 bays per unit     – 1 open carpark and 1 covered carpark     – Covered carpark in multi-storey building Price Range :   RM290,000 (including renovation package) Price Per Sq Ft :   RM322 psf Facilities :   Playground, multi-purpose court, swimming     pool, children pool, public amenities area,      grand guardhouse, surau, covered walkway     to multi-storey carpark building

 

 

Written news reported by The Edge Property, 16 February 2016.

Property Investment Strategies 2016 Registration

 DATE
Sunday, 21st February 2016

Note: The Locus preview event will be held throughout the weekend.

TIME
3.00pm sharp 

VENUE
The Locus @ KLCV Property Gallery, Jalan Cheras

HOSTED BY
Warisan Tradisi Sdn Bhd and PTLM Team

AGENDA
No cover charge. Light refreshment will be provided.

On Sunday, PTLM’s Mr Jerro Loh will present Insider Tips and Strategies for Property Investors.

Presentation talk will be conducted in bilingual, Mandarin and English.

The talk will cover focused tips during these challenging times 
and a Special Preview of a new launch – The Locus @ KLCV, Jalan Cheras.

RSVP by Call 03-9281 9898.

So see ya on Sunday, 21st February 2016 !

 

MBO Cinemas is coming to Atria Shopping Gallery with 8 screens Registration

After several months of speculations, property developer and mall owner, OSK Property Holdings Bhd, has begun making preparations for the upcoming anchor tenant of the neighbourhood mall.

OSK Property has been mulling of several possible tenants for its vacant hall area until it sealed a deal with MBO Cinemas several months ago.

It is hoped that the cinema will be a major crowd-puller to the mall, not just on weekends but also on weekdays especially evening time.

The cineplex will contain 8 screens, all of which will be projected in digital. They will be located on the highest floor which will be accessible by new sets of escalators on the 3rd floor as well as lifts.

A unique roof garden al-fresco area will be located adjacent to the cineplex. Two blocks of Atria SOFO Suites sitting atop the mall will also be completed this year.

There are currently 10 MBOs in the Klang Valley with the branch at Citta Mall in Ara Damansara being the nearest MBO to Atria.

Its 26th location opened recently at Central Square in Sungai Petani, Kedah bringing MBO’s total screens to 191. Towards the end of this year, MBO Cinemas’ 28th location will be a 10-screen cineplex at Hatten Group’s Elements Mall in Melaka.

With a net lettable area (NLA) of approximately 450,000 sq ft, the classy interior-designed Atria Shopping Gallery “re-opened” its doors on 28 May 2015. In conjunction with the opening last year, PTLM had reported the mall’s colourful past history for which it formerly hosted Kimisawa and Printemps stores.

Currently, the mall’s major tenants include Village Grocer, CHi Fitness, Daiso, Dynasty Dragon Chinese Restaurant, The Little Tree House Kindergarten, Jungle Gym, Ace Hardware, Hamleys, SportsDirect.com, Next, MANGO and Nilufar Pet & Aquatic.

In terms of the tenant mix, the mall is home to a large variety of food and beverage and convenience outlets. According to several prominent retail consultants, this is said to be a common trend among neighbourhood-type malls.

Despite the sluggish retail sentiment expected throughout most of this year, MBO is optimistic that it could draw movie-goers from the surrounding matured neighbourhoods.

This will posed more competition to nearby established, but older cineplexes operated by Golden Screen Cinemas, TGV Cinemas and Cathay at 1 Utama, Tropicana City Mall, e@Curve and Paradigm Mall.

A debutant, South Korea’s CJ CGV Cinemas, will anchor a standalone 8-storey tower with a total of 20 screens in the upcoming Empire City Mall. The mall in Damansara Perdana is located within 5km radius to Atria.