Showing posts with label Nearby Development. Show all posts
Showing posts with label Nearby Development. Show all posts

Calvary Convention Centre

The Calvary Convention Centre is located beside Bukit Jalil Golf Course, along Bukit Jalil Highway. It has a total built-up of about 600,000sq ft. that comprises various facicilities. For details, refer to the related news below.


Photo taken on 02-Jan 2013
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An artist impression of the space ship-like Calvary Convention Centre

PETALING JAYA: The Calvary Church of Kuala Lumpur is holding a funfair to raise funds for its RM100mil convention centre.

For a start, Calvary Carnival '06 on Sept 16 at the Bukit Jalil Golf and Country Resort is targeted at raising RM500,000.

The Calvary Convention Centre, to be located beside the resort, is expected to cost RM100mil, excluding land cost of RM35mil.

Jim Guneratnam, administrative executive of Project Calvary Convention Centre technical committee, said the land had been paid for in full.

“We will look at how we will furnish it when the building is completed three years after earthworks begin,” he said, adding that earthworks were expected to begin before the year was over.

When completed, the six-storey multiplex will have total built-up of about 600,000sq ft.

The focal point of the centre will be an auditorium that seats 5,000, facilities for staging musical productions complete with orchestra pit and backstage facilities that include dressing rooms, lounge, prayer hall and storage space.

Other components of the complex include educational facilities comprising lecture halls, childcare nursery, and libraries for adults and children.

Other features of the project are a banquet hall, a multi-purpose community and recreational hall, a cafeteria and bookshop, hostel and guest apartments. It will also have a three-level car park.

Guneratnam said the convention centre would be dedicated to holistic activities.

“It will have the facilities to host international, regional and national conventions, banquets, seminars and creative performing arts. At the same time, it is devoted to the educational, vocational and spiritual development of this country’s young generation,” he added.

Guneratnam said although the centre would be church property, it was meant for the community at large.

“Other churches can use these facilities. Musicals and other wholesome activities can be held there,” he said.

This is the second major fund raiser for the project. The first was a dinner-cum-musical that raised RM1mil in 2004.

A crowd of about 8,000 is expected at the fun fair that would have 60 stalls offering food and beverages, games and knick-knacks.

Twin ArkZ @ Bukit Jalil

Exsim, the developer of The Treez @ Bukit Jalil has recently launched another condominium project. The site is located next to Bukit Jali Golf Course along Jalan Jalil Perkasa 1. The property showcase was launched on 14th and 25th of November 2013.

The overall development consist of 363 units of condominium.






How is the MRT Project Going to Affect the Overall Property Market?

 

The construction of the much anticipated Klang Valley Mass Rapid Transit (MRT) has finally started. Described as the single most expensive  infra structure project ever in this country, the MRT project which consist of 3 lines cutting across the entire Klang Valley or The Greater KL, is estimated to cost about RM36.6 billions to build, excluding land cost and rolling stocks.

The first line of the MRT project runs from Sungai Buloh to Kajang (SBK Line) stretches about 51 km with 31 stations is expected to be completed by 2017.  Once completed and fully integrated with the existing KTM, LRT, Monorail, KL Rapid bus and the respective feeder bus services, the MRT will have tremendous positive impacts on the value of property located along its route and in the vicinity of its stations, with the exception of a few negative attributes.

A senior local property consultant from an established property firm here, who is also a member of the Board of Valuers, Appraisals and Estate Agents, Malaysia recently said that value of property along the MRT route will appreciate 15% to 25% depending on the location to the stations. While I’m but sure about the quantum of the appreciation, I’m certainly concur that the appreciation of value for property located in the vicinity of MRT route and its stations is certain to happen. This has happened to LRT Putra Line and Star Line extensions which construction is underway now. LRT Putra Line extension starts from Kelana jaya, passing through Subang Jaya, UEP Subang Jaya and ends at Putra Heights. Whilst LRT Star Line extends from Sri Petaling, passing through Bandar Kinrara, Puchong Jaya, Bandar Puteri and finally also ends at Putra Heights.

Since its announcement in 2009, and with construction underway the property value along these 2 extension routes has appreciated tremendously. A basic double storey link house of 20’ x 60’ at USJ 6 was selling in the region of RM250k back in 2009 is now selling between RM400k to RM450k. A basic 3-bedroom apartment of about 900 sqft at Rhythm Avenue USJ19 was selling in the region of RM200k in 2009 is now selling between RM300k to RM330k. Both of these locations mentioned have a proposed LRT station, currently under construction, located within walking distance. Similar patterns of property value appreciation has also been reported at Bandar Kinrara and Puchong Jaya where proposed LRT stations for Star Line extension are to be constructed. Though the appreciation of property value at these areas mentioned is not entirely due to the coming of LRT extension, it is undoubtedly clear that the announcement of the final approval and the eventual sight of physical construction works of the proposed LRT extensions at these areas have inevitably led to the increase demand for property at these areas, hence this pushed up the property price. The construction of LRT extensions at these areas have brought about better accessibility to these locations, making property at these locations become more accessible and appealing to a bigger market, unlocking the value potential of property in these locations.

Running up to 2017 before the MRT-SBK Line is completed, more property developers will be planning high density residential developments along the MRT route. Projects which are strategically located near MRT stations will likely to enjoy good sell-out as buyers are confident of future demand for their property once the MRT is in operation.  Proximity of any proposed condominium development in relation to a MRT station has been a major winning factor these days. New launches which are strategically located near to a MRT station will be expected to be priced at least 10% higher than others which are located further away.

Residential developments within walking distance to MRT stations will undoubtedly benefit the most as the demand for rental units at these areas will be guaranteed. Most working class commuters would like to have their rental housing within walking distance to MRT stations as first priority.

Comes 2017 when the MRT-SBK Line is finally completed, the commercial property in the vicinity of MRT stations will be in great demand. The huge number of passengers using MRT will give rise to plenty of new business opportunities of all kinds in the vicinity of MRT stations. This has proven true in Singapore, Hong Kong and Taiwan. Commercial and retail premises which are located near MRT stations at these countries enjoy good occupancy rates and high rental. The same scenario will likely to repeat here in KL.

Source: Property Hub

The Zest @ Kinrara 9

The Zest is an integrated project that consists of 720 units of serviced apartments, 20 units of shop offices and 24 units of retail outlets. It was developed by Darul Dinasti Sdn. Bhd.

The project was launched in April 2009 and completed in December 2011. 

The Zest is located located at Bandar Kinrara 9, along the Bukit Jalil Highway, opposite Hap Seng Star

The shops at The Zest

Kinrara Residence

Kinrara Residence is developed by Mah Sing. It is a mixed residential development comprises of Super Links, Semi-Ds and Executive Bungalows.

Property Details:

Address: Bandar Kinrara, Puchong, Selangor
Property Type: Super Links, Semi-Ds and Executive Bungalows
Land Title: Residential
Tenure :Leasehold
Expected Completion Date: 2015 
Facilities:

  • Resident's Private Clubhouse
  • Swimming pool & children's wading pool
  • Well e quipped gymnasium room
  • Multipurpose hall
  • BBQ area
  • Clubhouse cafe and convenience store
  • Lounge area
Location of Kinrara Residence


KM1

KM1 is located near to Jalil Link, Bukit Jalil Gold & Country Resort and Taman Bukit Jalil .  It comprises of 2 blocks with 7 units per floor. Units have built-up sizes ranging from 1,335 sf to 1,508 sf. Every unit comes with 2 car park bays.

Property Details

Address: Bukit Jalil, 57000 Kuala Lumpur
Developer: Berjaya
Estimated Completion Date: April 2014
Type: Condominium
Tenure: Freehold
No. of Blocks: 2
No. of Units: 350
No. of Bedrooms: 3+1
No. of Bathrooms: 3
Built-up: 1,335 & 1,508 sf
Facilities:
  • Swimming pool
  • Children playground
  • Gymnasium
  • Tennis court
  • Half basketball court
  • Pool deck
  • Multi-purpose hall
  • Sauna room
Location of KM1

Prospective of KM1


The Treez - Jalil Residence @ Bukit Jalil

The Treez comprises a total of 172 units of condominium (1,409sf-1,700sf); Condo Villas (3,260sf); Penthouse units (3,367sf-4,647sf) and Link Villas (4,344sf). It is developed by Exsim Group. The location of the development is near to Alam Sutera.

Property Details:

Address: Bukit Jalil, Kuala Lumpur 
Property Type: Condominium 
Land Title: Residential 
Tenure: Freehold 
Built Up: 1,409 - 4,647 sq.ft. 
Bedrooms: 3/3+1 
Bathrooms: 3/3+1 
Total Units/Lots: 172 
Expected Completion Date: 2013
Facilities 
  • Infinity edged swimming pool (25 metres) 
  • Jacuzzi 
  • Sun deck 
  • Children wading pool 
  • Multi-purpose hall with private kitchen Gymnasium (double volume ceiling) 
  • Yoga pavilion 
  • 2 private lounge with counter bar top for F&B 
  • 2 private BBQ pit 
  • Playground 
  • Putting green 
  • Main lobby with sunken waiting area 
  • Lush landscaping 
Location of The Treez

Perspective for The Treez

Z Residence

The Z Residence is developed by  Trinity Group, the same developer for The Zest at Kinrara 9. It comprises 4 condominium blocks housing 1,136 units.

Property Details:

Address: Bukit Jalil, Kuala Lumpur
Property Type: Condominium
Land Title: Residential
Tenure: Freehold
Built Up: 1,032 - 1,407 sq. ft.
Bedrooms: 2/3/3+1
Bathrooms: 2
Expected Completion Date: Jun 2014 (Expected)
Facilities:

  • Floating garden
  • Sky lounge
  • Infinity swimming pool
  • Lush landscaping
  • Wading pool
  • Children's playground
  • Reflexology path
  • Pool view gymnasium
  • Tai Chi lawn
  • Sauna room
  • BBQ pit
  • Gazebo
  • Kindergarten
  • Launderette
  • Mini market
  • Cafeteria


Location of the Z Residence

Perspective of the entrance

The Earth @ Bukit Jalil

Date: 11th June 2012
The Earth @ Bukit Jalil is situated in front of Bukit Jalil Highway and near to SIRIM. It is developed by WZR Property Sdn. Bhd. The overall development consist of 46 units 4 storey shop-office and 42 unit 2½ storey semi-D home and bungalow.
Location of The Earth


Overall perspective of The Earth

Perspective of the 4 storey shop-office

Perspective of the 2½ storey semi-D home and bungalow