Lowyat.NET: Latest topics by MO1

Upcoming: GAMUDA 'New Suburbia'

MO1 — Tue, 12 Aug 2014 10:30:58 +0800

In a bid to expand its land-bank, Gamuda Bhd has proposed to fork out RM784mil in cash to acquire a company that owns a 619ha leasehold land.

The land is currently classified as agricultural land with lease tenure expiring on 6 October 2093.

The land is located right next to Expressway Lingkaran Tengah (ELITE Highway) between Km 24.0 and Km 26.4.

The land is envisaged to be developed into a ‘New Suburbia’ – a contemporary comprehensive township to meet the ever dynamic market demands by tapping into the great prospects of the burgeoning market in Klang Valley.

The land is strategically located across the ELITE Highway from Selangor Science Park 2 (SSP2).

The land development value would be worth a lot more if Gamuda can secure toll-free access via SSP2 to: (1) Cyberjaya, (2) MEX Highway, and (3) Puchong.

(Note: SSP2 belongs to PKNS which in turn is owned by the state government of Selangor)

The land also shares its southern boundary with Paya Indah Wetlands Park. This opens an opportunity for Gamuda to take advantage of by way of eco-themed development.

http://announcements.bursamalaysia.com/EDM...04.08.2014).pdf

D'Island Puchong

MO1 — Sun, 15 May 2011 11:17:33 +0800

SATELLITE MAP: D'Island Puchong

WEBSITE: D'Island Puchong

SETIA ECO GLADES @ CYBERJAYA

MO1 — Wed, 02 Mar 2011 15:20:14 +0800

The Board of Directors of SP Setia wishes to announce that on 2 March 2011, Setia Eco Villa Sdn Bhd, a subsidiary of SP Setia, has entered into a conditional sale and purchase agreement (SPA) with Cyberview Sdn Bhd and Setia Haruman Sdn Bhd for the proposed purchase of a piece of freehold land within the Cyberjaya Flagship Zone measuring approximately 268.11 acres for a purchase consideration of RM420,439,377.60 or RM36 per square foot.

Setia Eco Villa Sdn Bhd proposes to undertake a mid to high-end gated and guarded development (to be known as SETIA ECO GLADES) comprising mainly semi-detached homes, bungalows and commercial developments on the land. Based on the preliminary feasibility study and layout plan, which is subject to the approval of the relevant authorities, the proposed development is expected to have an estimated gross development value of approximately RM3 billion. The proposed development is expected to commence in financial year 2012 (beginning November 2011).

1 UP FOR CYBERJAYA

WORLD BANK CHIEF SUGGESTS RETURN TO GOLD CURRENCY

MO1 — Tue, 07 Dec 2010 09:14:56 +0800

WORLD BANK CHIEF SUGGESTS GOLD STANDARD IDEA
Leading economies should consider adopting a modified global gold standard to guide currency rates, World Bank president Robert Zoellick said in a surprise proposal before a potentially acrimonious G20 summit. "The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values," he added.

POLYMER ENCASED GOLD DINAR & POLYMER ENCASED SILVER DIRHAM

Copyright 2004 Fern Assets Sdn Bhd

Gold Dinar & Silver Dirham

MO1 — Fri, 19 Nov 2010 22:50:19 +0800

BANDAR NUSAPUTRA

MO1 — Thu, 02 Sep 2010 20:31:37 +0800

BANDAR NUSAPUTRA - Cyberjaya locality at Puchong price

Actual View of NUSAPUTRA PRECINCT 1

Located at the fringe of rapidly growing Cyberjaya, houses in Nusaputra (a G&G community) are affordably priced in the region of RM200/sf. Compare this to other neighbouring developments in Cyberjaya (e.g. Symphony Hills) which are going for RM400/sf.

Nusaputra is only 4km from MMU and MEX highway via the newly completed cloverleaf interchange (see map below - circled in red). The new interchange is a boon for Nusaputra in terms of accessibility as well as potential growth in property value.

Nusaputra: Environment & Surrounding (click here)