Township with the wow effect of absolute perfection

The perfectly designed township of Matrix Concepts Holdings Bhd, Bandar Seri Impian, has set to amaze residents with the combination of positive feng shui elements.

Artist’s impression of the entrance, providing 24/7 surveillance by security guards.

As one of the top contenders in the property sector, Matrix Concepts Holdings Bhd has developed many admirable developments across Malaysia. The most recent launch of this firm is a fully integrated township in Johor, dubbed Bandar Seri Impian, a development which promises a serene-cum-placid setting in an urban township.

Since the township was launched, 4,000 units of residential and commercial properties have been completed, with an estimated occupancy rate of 85%.

With a vision to provide a fully functional township, Matrix Concepts has allocated plots to develop schools, bus terminal, market, fire station, a medical centre, post office, police station, religious worship places, shopping complex, as well as public libraries and healthcare centres.

Included in this township are a myriad of other facilities to provide comfortable living for the residents. A serene recreation park combined with mini fitness park and a playground, coupled with a second playground and fitness park, basketball court, futsal court, badminton court, reflexology park and a gazebo, are also included to promote some family leisure time.

The security feature of a development has become vital in choosing properties. To provide a safe and secure environment, this township comes with 24-hour security surveillance and perimeter fencing, offering a crime-free setting for the residents.

The panoramic night view of Bandar Seri Impian.

Amenities at the doorstepThe township is located near to the International Medical University and schools, namely SM Sains Sembrong and SMK Jalan Kota Tinggi. Meanwhile, for medical emergencies, the Kluang General Hospital Enche’ Besar Hajjah Khalsom is located merely minutes away from the township, as well as supermarkets and malls such as Econsave, Kluang Mall, BCB Plaza, Kluang Parade and Aeon Big.

Bandar Seri Impian also boasts excellent connectivity as the township is situated at the centre of Johor, with Batu Pahat located 57 km to the west, Mersing located 100 km to the east, Johor Baru is 75 km to the south, Segamat is 78 km to the north, making this township highly accessible from all directions.

The North-South Highway, on the other hand, offers high accessibility, as it only takes 97 km to reach Iskandar Johor, 155 km to reach Malacca, 208 km to reach Seremban, 272 km to reach Kuala Lumpur, and only 110 km to reach Woodlands, Singapore.

There are also several KTM stations located within a short distance, providing good networking. The Kluang KTM Station is the nearest, followed by Renggam KTM Station.

As the population of this township increases to an approximate of 20,000 people, the developer has set to improve the existing roads by expanding the main road along Jalan Kota Tinggi towards Wisma Majlis Perbandaran Kluang, which is scheduled for completion by end-2015. With an expenditure of RM18mil, the existing two- lane roads were expanded into four lanes to reduce traffic congestion.

Artist’s impression of Euphony from a serene garden street view, the latest project launched in the township.

Impeccable layoutsBandar Seri Impian saw several launches in the past, which included residential developments, namely Impiana Bayu 1, Impiana Bayu 2 and Impiana Heights, coupled with commercial developments namely Impiana Square and Impiana Avenue.

Impiana Bayu 1 is the first phase to be developed, which offers Eugenix, double-storey link homes and Eugenia, single-storey link homes. Eugenix comes with four bedrooms and three bathrooms in a 2,325 sq ft layout, while Eugenia offers three bedrooms and two bathrooms, which has 1,220 sq ft of built-up space. To date, 99% of the 603 units are sold.

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The second phase dubbed Impiana Bayu 2 consists of two-storey link homes. The first type, Euphoria, offers 2,093 sq ft homes with four bedrooms and three bathrooms and the second type called Euphony, has 2,500 sq ft built-up with four bedrooms and four bathrooms, which was launched in April 2015.

Artist’s impression of Vistania 1, beautifully designed single-storey semi-detached houses.

Impiana Heights offers four layouts – Palazzo 1, Palazzo 2, Vistania 1 and Vistania 2.

Palazzo 1 comprises single-storey bungalow houses with 2,920 sq ft built-up, designed with four bedrooms and three bathrooms. Palazzo 2 offers double-storey bungalows, each with four plus one rooms and four bathrooms, and 4,550 sq ft built-up.

Vistania 1 offers single-storey semi-D with 2,345 sq ft built-up with four bedrooms and three bathrooms. Meanwhile, Vistania 2 consists of double-storey semi-D with 3,780 sq ft built-up. This layout is designed with four plus one rooms and four bathrooms.

Artist’s impression of Vistania 2, elegant double-storey semi-detached houses.

Elements of feng shuiThe elements of feng shui, a belief concerning spatial arrangements and orientation in regards to the flow of energy (qi) has also been taken into consideration in the design of Bandar Seri Impian.

This township is surrounded by beneficial mountains which helps to generate qi, such as Greedy Wolf Mountain, Seated Greedy Wolf Mountain, Sunken Head Heavenly Wealth Star, Earth Star and Water Star Mountain, Metal Star Mountains, Sky Horse Mountain and Guardian of the Water Mouth.

The Greedy Wolf Mountain in the northwest is ideal for enhancing nobility and reputation of the residents and the Metal Star Mountain in the southeast is suitable for commercial based developments.

Artist’s impression of Palazzo 2, beautifully designed double-storey bungalows.

In addition, the Earth Star and Water Star Mountain in the north and northeast bring out qi, which is ideal for entertainment-based businesses and the Sky Horse Mountain at the southwest also indicates prospect for foreign investment into the township. The strong left and right embrace of the township also further helps to retain the qi.

Having a good and positive feng shui is very rare in many developments, yet Matrix Concepts has given high importance in incorporating this element in the planning of Bandar Seri Impian, making this township unique and auspicious compared to other projects in the neighbourhood.

Developer profileHaving ventured out as a property developer in 1997, Matrix Concepts has been in the property industry for over 15 years. The Negri Sembilan-based developer collaborated with Group and Koperasi Kemajuan Tanah Negeri Johor Bhd to undertake the development of Bandar Seri Impian in Johor.

Besides this 901 acres integrated township in Kluang, Matrix Concepts is also working on developing a 5,233 acres flagship township in Negri Sembilan, Bandar Sri Sendayan, which bags the “Sustainable Township Award Of The Year 2013″.

It has completed several prominent projects in Negri Sembilan, which include Pulau Impian, Anggerik Tenggara, Arowana Indah, Matahari Indah, Taman Intan Duyung, Pulai Perdana and Nusari Bayu. Meanwhile, this firm is looking forward to complete its upcoming projects, Sendayan Metropark and Sendayan Tech Valley, which are in Bandar Sri Sendayan township as well.

Artist’s impression of Palazzo 1, single-storey bungalow houses.

To date, this firm has completed 21,000 residential and commercial properties with a gross development value (GDV) of RM2.4bil, and the group’s combined GDV for Bandar Sri Sendayan and Bandar Seri Impian are estimated at approximately RM4bil.

Matrix Concepts is highly focus on its goal, which is to deliver high-end products ahead of schedule, offer excellent customer service and put together a team of committed and efficient workforce, besides maintaining the firm’s distinguished marketing strategies.

To celebrate the coming Hari Raya-cum-Merdeka celebration, there will be the Impiana Bayu 2 launching event to be held this August, which sees the latest offerings in the Bandar Seri Impian township. Visitors will be able to witness firsthand the beauty of this particular project, and discover if this is where they want to set up their dream home.

For more information on Building and Construction event, please visit www.asiapacificevents.com

Shafie says Australian property deals were profitable

PETALING JAYA: The four Australian properties purchased by the investment arm of Majlis Amanah Rakyat (Mara) were acquired at lower than market value, says Datuk Seri Mohd Shafie Apdal (pic).

The Rural and Regional Development Minister said the purchases between 2012 and 2013 had benefited Mara Inc, describing the deals as “productive and profitable”.

“All the properties were bought at lower than the market price at the time, and had profited Mara Inc significantly,” Mohd Shafie was quoted as saying in a news portal on Monday.

It was revealed that the property at 746 Swanston Street was purchased at A$41.8mil (RM120mil) despite being valued at A$43mil (RM123mil) on the market.

The Dudley International House was valued at A$26mil (RM74.52mil), but was bought at A$22.6mil (RM64.7mil).

The property in 21 Queen Street was bought in March 2013 for A$21.3mil (RM61mil), when its market price was listed at A$23mil (RM65.92mil).

The fourth property, also purchased at the same time, cost Mara Inc A$31mil (RM88.85mil) despite being valued at A$33mil (RM94.58mil) on the market.

All the properties had also appreciated in value by several million dollars in recent years, Shafie added.

He was responding to allegations by the National Oversight and Whistleblowers that the government subsidiary had overpaid for the properties purchased in Melbourne.

For more information on Building and Construction event, please visit www.asiapacificevents.com

Premium homes in the embrace of Mother Nature

Stylish and serene: The Marin is built to be one with the environment.

THE Marin by Plenitude Bayu Sdn Bhd, located on a ridge above Batu Ferringhi, Penang, offers a refreshing new point of view on luxurious living.

It consists of a pair of 21-storey towers, built to be one with the environment over four acres of prime freehold land, housing 149 apartments orientated to a northwest direction.

These ranges in size from 1,750sq ft to 1,850sq ft, with practical and functional layouts for sheer comfort, privacy and exclusivity, including a balcony for residents to soak in spectacular vistas.

With only four units per floor, each residence is essentially a corner unit with grandstand views of both the Andaman Sea and lush forest surroundings.

Set for completion in 2018, The Marin also comes with a one-acre facilities deck, meticulously landscaped and promising privacy, serenity and restorative calm.

Its gazebos, lawns, Jacuzzi, sauna, lounge pool and 40m-long infinity pool that stretches to the horizon, are where homeowners can de-stress or feel the healing touch of Mother Nature.

There is also an Active Zone, comprising two tennis courts, a fully equipped gym and a children’s playground.

Other amenities include a nursery, games room, two multi-purpose halls, an open plaza, a wading pool, surau and recycling room.

Security is also assured with its three-tiered system – which starts with advanced access card system at the main gates, main lobby, lift lobby and car park lifts.

Video intercoms connect all apartments directly to the guardhouse, while a comprehensive CCTV system surveys the main gates, lift lobby, car parks, perimeter fencing and guardhouse. Additionally, two security guards man each block, 24 hours a day.

Access to The Marin is highly convenient with the new 12km Tanjung Bungah-Batu Ferringhi paired road passing its door-step once complete in 2018, making commutes quicker and smoother.

Although cocooned in a tranquil sanctuary, the development is surrounded by a host of lifestyle amenities and conveniences, with everything that residents need all within close proxi-mity.

The Marin was voted Best Boutique Development – Hi-Rise at the Property Insight Prestigious Developer Awards 2015, as well as Best Interior Design for Show Unit at the My Favourite Interior Designer Award recently.

It sets new standards in luxury living by carefully and sensitively balancing the beauty of its location, with an uncompromising quality of build and range of amenities that deliver a whole new living experience.

Find out more at Plenitude’s booth (G11) at the StarProperty.my Fair 2015 at G Hotel and Gurney Plaza, this Thursday to Sunday from 10am to 10pm daily.

For more information on Building and Construction event, please visit www.asiapacificevents.com

Shareholders OK OSK merger with OSK Property and PJ Development, value RM1.7bil

BY WONG WEI-SHEN

Ong: ‘We will start immediately. The S&P (sales and purchase) will be completed very soon.’

KUALA LUMPUR: Shareholders of OSK Holdings Bhd have given the green light for the merger with OSK Property Holdings Bhd and PJ Development Bhd, valued at RM1.71bil.

The move will see OSK Holdings emerging as a first-tier property company in Malaysia.

“We will start immediately. The S&P (sales and purchase) will be completed very soon,” group managing director Tan Sri Ong Leong Huat said.

As a combined entity, OSK Holdings would have a total gross development value of RM13.3bil.

It will have landbank totalling 1,297 acres in Malaysia and and another five acres in Melbourne, Australia. The company has about RM1.5bil in unbilled sales that will provide a steady pipeline of revenue growth. It also has new projects coming on stream.

Despite market concerns of a slowdown in the property market, Ong noted that prices had been relatively stable.

“We didn’t see prices dropping anyway. The margins here are relatively low at around 10% to 20% unlike other countries where it’s 30% to 40%. We are still cheaper than the rest of the world even though we are semi developed,” he said. He added that “political bickering” had led to a lack of confidence among investors, which in turn resulted in the currency falling to an unnecessarily low.

“The economy has strong fundamentals compared with many other countries in this part of the world. There’s a reason for that but that reason won’t last forever. It will be overcome and we will be able to recover in the not too distant future. The Malaysian economy is generally quite stable,” Ong said.

He said the weakened ringgit could mean that its property was more attractive, especially to foreign buyers.

“For properties for foreign buyers, I think our ringgit is cheap, which makes it cheaper for people of countries with currencies that are relatively strong. I think that will also attract people to invest.

“Whatever goes down must come back up,” he said.

The combined earnings profile will see 40% from property, another 40% from financial services and the remaining 20% from hotels and building materials.

Apart from its 9.96% stake in RHB Capital Bhd, OSK Holdings has the money lending business, which according to Ong, is contributing a fair amount of profit.

Post-merger, he said, there would be no need for retrenchment of any staff. Rather, the company intends to look to increase its talent base, from 2,000 currently.

Under the exercise, OSK Holdings would acquire 72.4% of shares in OSK Property for RM346.4mil or RM1.95 per OSK Property share. It will also buy a 31.6% equity interest in PJ Development for RM223.64mil or RM1.56 per share.

It will also make a general offer to acquire the remaining shares and outstanding warrants in OSK Property and PJ Development from minority shareholders, which could result in RM1.14bil cash, assuming shareholders opted for cash. It expects to complete the whole exercise by September 2015.

For more information on Building and Construction event, please visit www.asiapacificevents.com

Cocooned in peace and greenery

Close to nature: The Jesselton Villas scheme in Penang will feature a beautifully crafted landscape.

DESIGN and build your dream bungalows on spacious plots with beautifully landscaped surroundings at the exclusive Jesselton Villas development in Penang.

The freehold bungalow lots offered by Berjaya Land Development Sdn Bhd are spread over 58 acres, and located next to the affluent Jesselton Heights neighbourhood and Penang Turf Club.

For Parcel 1, there are 69 lots available sized from 5,995sq ft to 9,634sq ft, averaging 6,903sq ft.

Those seeking a great property investment option should make a beeline to the company’s booth at the upcoming StarProperty.my Fair 2015 from July 9 to 12 at G Hotel and Gurney Plaza.

With prime land on Penang island a dwindling commodity, these competitively priced lots have excellent appreciation potential and represent a rare opportunity.

At the same time, it gives buyers the flexibility of crafting the home they have always imagined.

As these are empty lots, there is no limit to the design concepts, layouts and aesthetics that one can come up with.

A magnificent entrance will frame the guarded precinct, while inside, the landscaped parks, water features, gazebos, play areas and more create a scene of natural beauty.

Meandering pathways double up as jogging trails, while the green pockets make ideal venues for picnics or spending quality time with family and friends.

Privileged inhabitants are assured of abundant fresh air and tranquillity in this prestigious enclave.

Despite its cocooned environment, Jesselton Villas is close to all modern conveniences, with easy accessibility offered by the dual access points of Jalan Brook and Jalan Batu Gantung.

It is a mere 3km to the Penang Botanic Gardens, 4.5km to Gurney Drive, 5km to George Town, 11km to Batu Ferringhi, 8km to the Penang Bridge, 13km to the Bayan Lepas Free Industrial Zone and 17km to the Penang International Airport.

This puts residents within easy reach of attractions like Gurney Plaza, Gurney Paragon Mall, Island Plaza, Penang Plaza, Straits Quay Retail Marina, Penang Hill, Kek Lok Si Temple, the Swettenham Pier Cruise Terminal and George Town’s various heritage sites.

Also close by are educational institutions like St Christopher International School, Penang Girls Chinese High School, St Georges Girls School, Penang Free School, Chung Ling High School, Union High School, Han Chiang College and Penang Medical College.

Hospitals are also nearby like Gleneagles Hospital, Penang Adventist Hospital, Island Hospital, Mount Miriam Hospital and Penang Hospital.

Berjaya Land Development Sdn Bhd is a wholly owned subsidiary of the renowned Berjaya Land Berhad, a reputable developer known for well-designed homes primarily in the Klang Valley.

On its impressive portfolio are similar and successful bungalow lot developments like Subang Heights East and West, The Peak @ Taman TAR (Ampang) and Seputeh Heights.

Abroad, the company also has various developments in China, Japan, South Korea and Vietnam.

To find out more, visit its booth (G5) during the fair.

The StarProperty.my Fair, now into its 13th year, is the grandest property showcase in the northern region.

This year, there will be more than 40 exhibitors participating.

There will also be talks and forums conducted by specialists to provide visitors with useful information on various property- related topics.

Admission is free and visitors stand a chance to win more than RM100,000 worth of prizes including five tablets and handphones daily.

For more information on Building and Construction event, please visit www.asiapacificevents.com

Projects in Penang where residents can enjoy the good life

BY JEREMY TAN

Quality lifestyle: The address’ loft units enjoy direct access to the swimming pool.

IJM Land Bhd prides itself on stylish developments that celebrate the finer things in life, and its latest offerings on Penang island and the mainland are no exception.

Designed with modern lifestyle concepts, The Address and Trehaus in Bukit Jambul Indah, Permatang Sanctuary in Bukit Mertajam and Senjayu in Seberang Prai Selatan all facilitate the good life.

All these will be featured at the company’s booths during the Star Property Fair 2015 from Thursday to Sunday at G Hotel and Gurney Plaza in George Town.

IJM Land northern region senior general manager Datuk Toh Chin Leong said those seeking a property that they can immediately move into will find The Address, located next to the Bukit Jambul Country Club, an ideal choice.

Recently completed, it consists of 124 boutique condo units housed in a 16-storey tower, along with 24 duplex lofts.

The 5.4 acre development’s strategic location gives residents easy access to places like George Town, the Bayan Lepas Free Industrial Zone, both the Penang bridges, the Penang International Airport, and various amenities.

“Its low-density environment creates an aura of exclusivity. There are only a few condo units and duplexes still available,” Toh said, adding that the development also features eco-friendly elements, modern home systems and comprehensive facilities.

The high-rise units are sized between 1,431sq ft and 1,679sq ft, and come with either 3+1 or 4+1 bedrooms, along with excellent views of the surroundings. Meanwhile, the duplexes go for between RM1.7mil and RM2.3mil and have a built-up of 2,314sq ft with 4+1 bedrooms. These also come with private Jacuzzi and direct access to the swimming pool.

On the mainland, Phase 2B of Permatang Sanctuary, comprising 130 units of double-storey link bungalows named Sanctuary Villas, is expected to obtain its CCC (Certificate of Completion and Compliance) soon.

Part of a sprawling 100-acre development framed by manicured landscaping, it has been well-received and less than half of the overall units are still available.

“Every space is beautifully designed to create an overwhelming sense of peace and serenity. Outdoor living is also encouraged with themed parks and scenic routes integral features.

“The homes are competitively priced between RM833,000 and RM1.1mil,” noted Toh of the units with built-ups between 2,787sq ft and 2,861sq ft, and land sized at 3,767sq ft.

Also located on the mainland, but in Jawi, is Senjayu, the company’s much-awaited flagship development in the rapidly thriving south Seberang Prai enclave.

Its current masterplan comprises four phases of semi-detached, terrace and condo residences.

Phase 1, Senjayu Terrace, is set to be launched by the end of the year, and features 298 units of double-storey terrace homes with an approximate built-up of 1,600sq ft, at an average selling price of RM480,000.

Home buyers may also register for Trehaus, located along Bukit Jambul’s Millionaire’s Row. Its 26 semi-detached units will be launched soon, followed by its 46 condo villas at the end of the year.

“Inspired by the concept of countryside living, it will be a green development promoting a healthy lifestyle blending seamlessly with nature, and with a touch of luxury,” said Toh, adding that prices start from RM2.2mil and RM1.3mil respectively.

Visit IJM Land’s booth (N2b1) at the four-day fair from 10am to 10pm daily to enquire about the attractive home-ownership packages.

The StarProperty.my Fair, now into its 14th year, is the grandest property show-case in the northern region. This year, there will be more than 40 exhibitors participating.

There will also be talks and forums conducted by specialists in their respective fields to provide visitors with useful information on various property-related topics.

Admission is free and visitors stand a chance to win more than RM100,000 worth of prizes including five tablets and handphones, plus many more, daily.

For more information on Building and Construction event, please visit www.asiapacificevents.com