ISKANDAR WATERFRONT HOLDINGS Unveils New Luxury Waterfront Living Properties

• The Residences, Sutera Avenue• Will Base Lending Rate Increment Affect You?• On The Move: Kota Kinabalu Southern Corridor• PacifiCity Welcomes Shopping Mall Anchor Tenants • Tan Brothers Launches First Property Development T1@Bundusan

JULY2014 ISSUE 56RM8.90

/// FEATURE PROPERTY SHOWCASE

Will Base Lending Rate Increment Affect You?

ON THE MOVEKota Kinabalu Southern Corridor

/// CONTRIBUTOR

/// HOT TOPIC

TM

CITY POINT COMPLEX 沙巴州中华大厦 The Meeting Point For Everything Business And Leisure

Is It Time For Kota Kinabalu To Have LRT?

/// FEATURE PROPERTY SHOWCASE

/// HOT TOPIC

| Cover Story06 07/// Contents www.PropertyHunter.com.my

Property Hunter is published by:Maxx Media (S) Sdn Bhd (1043783-T)Lot 4, 2nd Floor, Block A, Heritage Plaza,Jalan Lintas, 88300 Kota Kinabalu, Sabah, Malaysia

Office Hours: 9:00am – 6:00pm (Monday – Friday)E: info@maxxmedia.com.my T: +6088 719 787 F: +6088 728 387

EDITORIALManaging EditorMichael Hiew

WriterPamela Fletcher

Creative & Design Stephenson FooHastillah Bt Argadan

Finance & OperationElson Kho

Circulation & SubscriptionVictor YongSam Lee

AdministrationJanet Fabian

Photography ContributorsAll 4 One ProductionsLouis Pang StudioRustam Razali aka Ankol Tom

Contributing WritersAhyat IshakChris TanDr. Daniele GamberoEnoch KhooIshmael HoMichael YeohRichard Oon

Advertising EnquiriesJeff Liaw (Senior Sales Executive, Media)T: +6013 852 2898E: jeff@maxxmedia.com.my

Raymond Lee (Sales Executive, Media)T: +6013 865 6898E: raymond@maxxmedia.com.my

Media Representative (Peninsular Malaysia)Enoch Khoo ENK Ventures Sdn Bhd (1023549-X)T: +603 7490 5707E: enoch.khoo@ek.com.my

Editorial Enquiriesinfo@maxxmedia.com.my

Printing Percetakan Kolombong Ria Sdn Bhd

LogisticABX Express (M) Sdn Bhd48 Jalan Gaya, 88000 Kota Kinabalu,SabahTel: 088-224 000 Fax: 088-234 929

DistributorsAPACE Despatch SolutionLot 1, 2nd & 3rd Floor, Block A, Damai Plaza Phase 3, Luyang, 88300 Kota Kinabalu, Sabah.Office Main Line: 016 8338079Tel/Fax: 088 270288

PANSING Marketing Sdn Bhd

Disclaimer, Permission & ReprintsThis publication is not an investment advice. It is intended only to inform and illustrate.

No reader should act on the basis of any matter contained in this publication without first seeking appropriate professional advice that takes into account their own particular circumstances.

The publisher and editors give no representations and make no warranties, express, or implied, with responsibility of any of the material (including statistics, maps, articles, loan product tables, advertisements and advertising features) contained in this publication. The publisher and editors expressedly disclaim all responsibility for any errors in or omissions from the information contained in this publication, including all liability for any loss or damage suffered or incurred by any person as a result of or arising out of that person placing any reliance, weather whole or partial, upon the whole or any part of the contains of this publication. No correspondents will be entered into a relation to this publication by the publishers, editors or authors.

The publishers do not endorse any company, organisation, person, investment strategy or technique mentioned in this publication unless expressly stated otherwise. The publishers do not endorse any advertisements or any special advertising features in this publication, nor does the publisher endorse any advertiser(s) or their products / services unless expressly stated to the contrary.

Articles are published in the reliance upon the representations and warranties of the authors of the articles and without our knowledge of any infringement of any third party’s copyright. The publishers and editors do not authorise, sanction, approve or countenance any copyright infringement.

This publication is protected under the Law of Malaysia Act 332 Copyrights Act 1987 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express written permission of the publisher. Copyrights 2013 Maxx Media Sdn Bhd. All rights reserved.

www.propertyhunter.com.my

Available monthly at leading bookstores and newsstands E-Magazine Now Available on

PropertyHunterPropertyHunterMalaysia Propertyhunt3r

QR Code Scan Here

www.PropertyHunter.com.my

What’s inside...

08

14

22 38On The Move : Kota Kinabalu Southern CorridorBeing one of the most picturesque waterfront cities in Malaysia comes with a price. But is the price too high to pay ? ...

Is It Time For Kota Kinabalu To Have LRT?One of the many factors that have contributed to the urbanisation of Sabah’s towns is its network ...

ISKANDAR WATERFRONT HOLDINGS Unveils New Luxury Waterfront Living PropertiesIskandar Waterfront Holdings Sdn Bhd (IWH) is a government-linked company specifically incorporated to be the Master Developer of 4,300 acres of premium waterfront land on the eastern and western sides of the Johor Causeway within Flagship A of Iskandar Malaysia, the nation’s most ...

CITY POINT COMPLEX 沙巴州中华大厦SUCCC And USCCA Ink Profitable Joint Venture Deal With City Point ComplexA new landmark will take shape in Kota Kinabalu following the official sealed joint venture project between land owners, the Sabah United Chamber of Commerce (SUCCC) and United Sabah Chinese Communities Association of Kota Kinabalu (USCCA), and Arah Permai Sdn Bhd, the developer ...

08

14

22

26

28

32

34

36

38

44

48

52

56

68

Hot TopicWhat To Expect From Kota Kinabalu Northern Corridor In The Near Future

Hot Topic First of Four Project Showcase by Hua Yang Berhad

Sneak Peek of August Issue

Investment Into Car Park Spaces

Feature Property ShowcaseIskandar Waterfront Holdings Unveils New Luxury Waterfront Living Properties

Feature Property ShowcaseCity Point Complex 沙巴州中华大厦SUCCC And USCCA Ink Profitable Joint Venture Deal With City Point Complex

Hot TopicOn The Move: Kota Kinabalu Southern Corridor

Feature Property EventThe Residences, Sutera Avenue

Feature Property EventTan Brothers Launches First Property Development T1@Bundusan

Exclusive InterviewMak Thur Pei - Sabah’s Aspiring Young Architect

Feature Property EventPacifiCity Welcomes Shopping Mall Anchor Tenants

Special FeatureDevelopment Milestones: Projects Nearing Completion

Hot TopicIs It Time For Kota Kinabalu To Have LRT?

Feature Property EventKota Kinabalu to Have First Solar Taxi Stand in Malaysia

Contributor: Chris TanTrending Up Legally in View of The Property Boom in Malaysia (Part 3)

Contributor: Michael YeohWill Base Lending Rate Increment Affect You?

Contributor: Dr Daniele GamberoKota Kinabalu, The Pearl Of South China Sea: A City Poised For Adventure, Tourism Growth And Property Investment

Property Listing

/// FEATURE PROPERTY SHOWCASE

Iskandar Waterfront Holdings Unveils New Luxury Waterfront Living Properties

/// Feature Property Showcase

8 www.PropertyHunter.com.my

Iskandar Waterfront Holdings (IWH) is a government-linked company specifically

incorporated to be the Master Developer of 4,300 acres of premium waterfront land on the eastern and western sides of the Johor Causeway within Flagship A of Iskandar Malaysia, the nation’s most booming economic region. It is one of the largest integrated urban development projects in Malaysia and the benchmark is continuously being raised with each new project launch to demonstrate its commitment to excellence in architectural design, lifestyle concept and exclusivity.

It has added two more names onto its already impressive list of luxury lifestyle developments in Iskandar Malaysia, Johor which will be showcased at the Kota Kinabalu

and Kuching road shows.EkoCheras, the maiden project by Ekovest Bhd in Kuala Lumpur, will also be featured in the same events.

Master Developer of Iskandar Malaysia Flagship AThe masterplan for Johor is anchored in marina development comprising of eight ‘growth centres’ with iconic projects that includes luxury serviced apartments, retail and fine dining outlets, themed waterfront developments, hi-tech business and office complexes catering to domestic and international companies, an international yacht club and a luxury hotel.

IWH officially announced that it has teamed up with Singaporean firm Hao Yuan Investment Pte Ltd to

create a niche development on 15 acres of land in Danga Bay. MCC Land Pte Ltd, which was involved in the building of several notable landmarks in Singapore and across the globe such as Universal Studios at Resorts World Sentosa and Keppel Distripark, has been appointed as the project manager.

Danga Bay, a new waterfront city, is listed as part of the region’s Flagship Zone A and will be one of the largest integrated waterfront urban development project in the country with excellent road, air and sea connectivity as well as direct access to Singapore via the Causeway.

AQUAINT DANGA RESIDENSI @ DANGA BAYThe Crown of the OceanfrontAquaint Danga Residensi (ADR) is a 4.19 acre mixed development

located in this exciting and rapidly expanding region within Johor Bahru where there has been an influx of Singaporeans purchasing residential properties. The freehold development comprises 12 double storey retail shop units as well as two 42-storey and two 43-storey residential towers totalling 818 sea-facing units spread across the four towers. The high-end residence units are the epitome of luxury, offering up to 270-degree unobstructed waterfront views.

Para Impiana Sdn Bhd, a joint venture project between IWH and Aquaint Property Pte Ltd (a subsidiary of the public-listed Aquaint Capital Holdings Ltd) is the developer for Aquaint Danga Residensi.The well-known and established DP Architect designed ADR so that residents can enjoy a 270-degree

www.PropertyHunter.com.my 9

shoreline view by swimming through the end of the Infinity Pool. Other acknowledged projects by DP Architect such as Singapore’s Resorts World Sentosa and Esplanade.

This is a low-density development compared to surrounding projects with each floor hosting only four to seven units. Each of the towers will also feature a variety of layout to suit the various preferences of purchasers. Spacious enjoyment areas and utilities are separated in order to better enhance the space available.

At Ease of MindThe gated and guarded residences are fully fitted with top range fittings and the development is packed with unique features including observation lift in all towers and home automation system. The developer will even include a panic button in all units. This security feature is amplified by a multi-tiered security which includes lift access card and CCTV surveillance.

Units face either North or South and range from 543 sq ft to 2006 sq ft in size for a typical unit. They are available in one-bedroom, two-bedroom and three-bedroom variations of Duplexes and Dual Keys configurations. Selected corner units come with special designs featuring 270-degree balconies, while exclusive limited units in the form of the London Apartments and Sky Bungalows which guarantee high-end luxury waterfront living lifestyles are also available.

Exclusive Facilities and AmenitiesA list of first-class lifestyle facilities has been provided for families and individual residents to enjoy and get

the best out of their living experience. Among the indulgences is an Aqua Gym where exercise can be done in a safe and low-impact environment, a connecting walkway along the Straits, a gourmet kitchen for all your party and event needs, a barbeque area for casual socializing, miniature golf course, playground, tennis court, gym room and outdoor wireless coverage to keep you connected wherever you are within the development.

Stay ConnectedAccessibility is a great advantage as residents can get to the North and Second Link Expressway through Jalan Skudai and the Coastal Highway, and to the South and Johor Bahru-Singapore Causeway via the Coastal Highway and EDL (Eastern Dispersal Link) Highway. ADR is also just seven minutes’ drive to the CIQ (Customs, Immigration and Quarantine) Complex.

The Iskandar region also looks set to benefit from the implementation of its Transportation Blueprint. The plans include a regional rail transit commuter system, inner-city lines, proposed rail transit system (RTS) linking Johor Bahru and Singapore, and the high-speed rail (HSR) connecting Kuala Lumpur and Singapore. With these developments, and many more to come, it is inevitable that housing prices have jumped upwards, more than 20% in 2013, double of the national average.

Aquaint Danga Residensi will be launched in July 2014, and overall project completion is expected to be in 2019, in tandem with the completion of the Rapid Transit System (RTS) and High Speed Rail (HSR) in 2020.

Aquaint Danga Residensi

Actual site of Aquaint Danga ResidensiLocation Map

Flagship A of Iskandar Malaysia, the nation’s most booming economic region