After HongBee Land, Guocoland, Glomac, MahSing, LowYat Group, Tan&Tan, WCT, BRDB

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Top 10 Developer In China Has Arrived In Rawang
joint venture with MAYLAND


http://www.iproperty.com.my/developments/2...y_Garden@Kajang

Some local said that the land on left hand side before you drive into old town...quite near to the existing KTM station...they plan to build a mall there as well

Nice review! Thanks for sharing!
As I know, last phase for Emerald Garden DSL 26x80 selling up to RM800k!

Yes, more than 800k!

But still many buyer from Selayang ,Kepong, PJ say very cheap compare to their existing place, just top up 200-300k can own a superlink or 3 storey here, better than pay 200-300k to refurbish their existing house!

Many buyer from Kepong, especially from Kepong Maluri, they fed up the traffic jam problem in their area!

Phase1 18x60 asking for 450k consider reasonable.

I just feel that Ebony Parkhome and Coral selling too cheap!!!

What's your opinion?

SP Setia inks RM1.24bil deal to jointly develop with KPS high-end properties in Templer Park, Rawang

http://biz.thestar.com.my/news/story.asp?f...54&sec=business

As Guocoland not going to launch any new DSL in Emerald West anymore, as long your unit not near to PE(pencawang elektrik) or T-junction, definitely can sell 560k above.

Went there with my friend just now..should change all the louvre windows...including louvre windows in the guardhouse as well

The environment quite nice, but I think they should plant more trees for the house near to PLUS highway to increase privacy and reduce the transmission of sound from PLUS! Maybe you guys can discuss with guoco..

Emerald West and East is next to PLUS. When I visited there more than 1 hour that day, didn't smell anything, even saw some kids playing and cycling at the bridge between EW & EE.

Didn't smell anything maybe...
1. The poultry farm build lower than EW & EE
2. The poultry farm must have a good odour control system and management to meet the standard so that can renew the license every year
3. Not difficult to reduce the unacceptable odours nowadays, (keep the place dry+ less organic matter + avoid high temperature = less unacceptable odours)

Wonder how you go in the site took this picture

My friend only complained the louvre window and the pipe outside of the master room, overall he quite satisfied

2, 2.5 and 3-storey Zero-Lot Bungalows in Emerald now open for registration

http://www.guocoland.com.my/property/page.aspx?id=81



This post has been edited by 37 Exposures: Apr 17 2013, 07:42 PM

If compare to Sejati Residences, EW a bit bore and not so trendy...

Sejati Residences 1
Sejati Residences 2

This post has been edited by 37 Exposures: Apr 18 2013, 12:05 PM

Not compare, just want to share the design/concept with you...
Besides Emerald Gardens, actually EW got one link house project can beat Damai/Indah Residences but seldom hear people talk about it here...

Wah, so fast!!! Got people start to selling it now!

This one http://www.lelong.com.my/2-sty-terrace-lin...7-01-Sale-I.htm

After VP, I think can sell at least 750k++..Damai/Indah Residences also selling around that price range now

I think the price of this zero-lot at least can buy two units of M-Residence Corus

For Damai Residences, still remember some units which close to high tension cables sell <600k last time
For Coris, I missed it out too, when I start seriously concentrate in EW, already sold out

When I visited the sales office last time(~Apr 2012), already sold out and the SA told me final phase was sold close to 600k

IT seems so long ago now but there was a time when my school holidays were spent in Rawang in a row of staff quarters occupied by employees of a cement factory there. Picking up wild flowers, or some creepers, long walks or just loitering around the railway tracks were the things that children do years ago in small towns. There were no supermarkets or malls in Rawang then.

Today, Rawang has changed tremendously. The town centre is a lot busier with a bus station in the middle of town. Jaya Jusco and Tesco supermarkets are there. The presence of these brands does not necessarily mean that development has arrived. While there has been development, on a broader scale, their presence signifies that the purchasing power of the community has increased. And this can be seen in the take-up rates of the various projects there today.

When gated and guarded developments first arrived on the scene in the Klang Valley years ago, a variant of it arrived in Rawang in the form of Kota Emerald in 2001.

Short of sounding pompous and condescending, the thought that came to mind then was, why would Rawang need a guarded township? Today, most of the new housing concepts in Rawang are either strata development or individually titled housing with security services.

Life today in Rawang is a lot busier than 40 years ago and that is as it should be. The second thing to note about Rawang is that the housing developments are a lot more modern and contemporary today. The new breed of developers who are building there are eager to please and are enticing buyers with some interesting and attractive propositions.

The community of buyers are also spoilt for choice as the offerings include not just double-storey housing, but semi-detached units and bungalows as well.

The Low Yat group's Garden Heights will have a total of 400 units of individually titled units when completed. Glomac Bhd's Saujana Rawang have completed 523 units today.

Mah Sing's M Residence 1 and 2 will have a total of 2,566 residential and retail and shop offices on completion while Guocoland Malaysia Bhd have 1,100 units of housing of various segments today and Emerald West is only 20 to 30% developed. In August, it plans to market more than 100 units of zero lot bungalows.

There will also be interesting offerings from Bandar Raya Developments Bhd (BRDB). The company has 300 acres there. So in terms of housing, the community there will be spoilt for choice. Because of the abundance of land, all these offerings are landed units. This growth will have to be balanced with commercial growth. Housing developments are not only happening in Rawang proper itself. It is also happening on the way to Rawang and this is visible if one were to take the old trunk road via Selayang.

Housing concepts and offerings are taking on a new meaning in Rawang and this has attracted a lot of upgraders from the community itself. It may have also attracted investors hoping for a boom in prices later on. As of today, the buy and sell market seems rather slow. A check with the classifieds reveal that out of four advertisements for houses for sale, three agents say they do not specialise in Rawang or anywhere nearby.

They say they are helping out their friends who need to sell their houses. A check with Reapfield also reveal that they do not have agents specialising in that area.

Of course, as these new housing areas are completed, things may change and more agents may enter that market. Deputy news editor Thean Lee Cheng saw a flock of migratory long-legged white herons hunting for fish and insects at a pond in Jalan Tasik Puteri last week. Their home and food source will disappear with all these developments taking place there.

http://biz.thestar.com.my/news/story.asp?f...01&sec=business

This post has been edited by 37 Exposures: Apr 25 2013, 07:47 PM

Positive views on KPJ Rawang Specialist Hospital plan

PETALING JAYA: Analysts are generally positive on KPJ Healthcare Bhd's plan to acquire the entire equity interest in Rawang Specialist Hospital Sdn Bhd (RSHSB) for RM50.6mil cash as the hospital will be the only multi-discipline private specialist hospital in Rawang.

As part of the agreement announced on Wednesday, KPJ would also be consolidating RSHSB's existing loan facility, which is estimated at RM37.5mil once fully drawn down, taking the takeover price closer to RM88mil.

“We deem the price paid for the hospital reasonable as we estimate the fair value to be about RM71mil based on recent acquisitions,” said PublicInvest Research.

The research house believes the premium was justified as KPJ will be saving on time and development cost of building a hospital from ground-up and that the hospital also has a ready line-up of doctors.

Alliance Research said the acquisition would provide KPJ with a good platform to offer its healthcare services in Rawang as the township was expected to experience a population boom, as home buyers seek more affordable housing further away from the Kuala Lumpur city centre.

It noted that numerous developers had started acquiring landbank in Rawang while new townships that had been launched had experienced encouraging take-up rates.

“Furthermore, it will not face any immediate threat from other private hospital operators in Rawang,” it said.

In its filing to Bursa Malaysia on Wednesday, KPJ said the proposed acquisition would enable the group to expand its network of hospitals, enlarge the customer base and further establish itself as a key healthcare service provider in Malaysia.

It expects to complete the acquisition by the end of the fourth quarter this year. PublicInvest said it believed that the hospital would most likely commence operations in 2014.

Although Kenanga Research is positive on the acquisition, it said the corporate development was not sufficient enough to upgrade its recommendation on the stock.

It added that the proposed acquisition would allow KPJ to operate immediately from a completed hospital building, hence avoiding the usual gestation period of three years.

Alliance believes the gestation period of the hospital will be short, as RSHSB will be operating in an underserved market.

The acquisition of the hospital will effectively bring KPJ's targeted roll-out of new hospitals to four in the financial year ending Dec 31, 2013 (FY13).

The research house said it was maintaining their earnings estimates for FY13 as the acquisition would only be completed in the fourth quarter this year.

RSHSB is currently in the final stages of constructing and developing the 159-bed specialist hospital. It expects to obtain the certificate of completion and compliance, and certificate of fitness for occupation by June this year.

RSHSB reported a net loss of RM100,000 for 2012. Alliance analysts believe this is due to the finance cost incurred from the loan undertaken to build the hospital.

The acquisition would be fully financed from internally generated funds, PublicInvest said. “Assuming the acquisition is fully paid in cash, there would still be minimum impact on KPJ's net gearing, which we estimate to increase to 0.4 times from 0.3 times in 2012.”

Alliance said KPJ's key re-rating catalysts included shorter-than-expectation gestation period for new hospitals, and additional hospital acquisitions that were earnings-accretive in the near-term.

Meanwhile, Kenanga expects KPJ earnings over the next two years to come from the building of new hospitals as well as expanding its existing capacity and services.

http://biz.thestar.com.my/news/story.asp?f...04&sec=business