no way...if u take a look at the map.. land is abundance all the way to KLIA..

Guocoland Sepang development 4000 acres.. this is big..
http://biz.thestar.com.my/news/story.asp?f...43&sec=business

Wow. From Sg Buloh/Rawang to KL and jump to Sepang.

12.5 Billion.... Dont play play ... Huge mega eco city...

Not g&g I think, but with single entry point to each phase. At least that's what I can remember from the edge article

but far woh if go kl / pj....

tat time....wan go 1 Utama or Mid valley...also have to think twice....

wan go yum cha with frens also have to think twice...

in 2-3 years time, LRT will be available in nearby Putra Heights...

if you stay in KL/PJ and your friends stay in canal city, want to yum cha also got to think twice also? I guess there will be more malls to be built at strategy location to cater to the bigger population growth in new township.

My friends stay kemuning go sunway pyramid wo

Click to deleteIJM Land targets RM2.5b new launches
http://www.theedgemalaysia.com/in-the-fina...aunches.htmlMay 31, 2012KUALA LUMPUR: Property developer IJM Land Bhd is looking to achieve better sales for its FY13 ending March 31, on new property launches worth RM2.5 billion.

Its managing director and CEO Soam Heng Choon said the group managed to achieve RM1.4 billion in sales for FY12 and is hoping to surpass it with new launches slated for FY13.

“We hope to do better this financial year with new projects coming onstream such as Bandar Rimbayu and Seri Riana in Wangsa Maju,” he said at the media preview of the group’s Bandar Rimbayu township project yesterday.

The massive township project is expected to become the group’s anchor development for many years.

With an estimated gross development value (GDV) of RM11 billion spanning the next 15 years or longer, the project will comprise 11,000 homes on a huge 1,879-acre (751.6ha) landbank in Banting, Selangor. There will be four precincts — the residential Flora and Fauna, a commercial hub and the high-end Bayu.

The entire township will be developed by Canal City Construction Sdn Bhd, a unit of Radiant Pillar Sdn Bhd, of which IJM Land and its associated company Kumpulan Europlus Bhd (KEuro) each holds a 50% equity stake.


Soam (right) and Canal City Construction Bhd COO Shuy Eng Leong at the unveiling of its latest green township, Bandar Rimbayu.

Soam declined to comment when asked if IJM Land plans to purchase the remaining 50% stake in Radiant Pillar from KEuro, which needed to raise fund for its West Coast highway project.

“We are planning to launch our first product The Chimes in 4Q of 2012. The launch would consist of 526 link houses with built-ups of between 2,100 and 2,400 sq ft per unit,” Soam said of the first phase of Bandar Rimbayu.

Soam said he could not provide the estimated GDV and prices of The Chimes as the project is still pending approval from the authorities. “However, I can say that these units would be affordable as there is a strong demand for affordable homes now in the Klang Valley,” he added.

Soam said Bandar Rimbayu has received strong interest with over 2,000 registrants on its website. “We expect the take-up rate to be strong. We are hoping to launch 1,000 new units within a year,” he said. IJM Land plans to fund the initial phase with bank borrowings and internally generated funds.

Bandar Rimbayu was previously known as Canal City, as it was initially supposed to include a waterfront development along an 18km canal connecting Sungai Klang and Sungai Langat.

The land was offered to KEuro by the previous Selangor government in exchange for a highway project and a flood mitigation job which included the canal. However, the canal project was called off as the current Selangor government viewed it as unnecessary.

The developer has since redrawn the plans and renamed it Bandar Rimbayu, with plans to turn it into one of the largest green townships in Malaysia.

Soam said Bandar Rimbayu is strategically located as it is connected by five highways — Lebuhraya Shah Alam (Kesas), Expressway Lingkaran Tengah (Elite), South Klang Valley Expressway (SKVE), Lebuhraya Kemuning Shah Alam (LKSA) and the proposed West Coast Expressway (WCE).

“We plan to offer a variety of products in Bandar Rimbayu. There are plans for low-cost housing as well as high-end properties,” said Soam. The group yesterday signed an agreement with Telekom Malaysia Bhd to provide high speed broadband infrastructure (HSBB) in Bandar Rimbayu.

For FY13, Soam said IJM Land has also planned to launch new projects in the Klang Valley, Penang, Kuching, Sandakan and Kota Kinabalu.

“The immediate launch would be Seri Riana in Wangsa Maju next month with units from 1,300 to 1,700 sq ft in size. We are mainly targeting families,” he said.

In the last six months, IJM Land rose 8.5% to a high of RM2.31 in December but fell to close at RM2.04 yesterday.

This article appeared in The Edge Financial Daily, May 30, 2012.

Seri riana is it the latest riana green new phase?

Got some bayang for launching edy.....

2000 registratant ar for 500+ units 1st phase, gonna be hot cakes then....

Just asked my fren in ijm, he said no bayang yet.. Sure this will be a hot launch.

This Rimbayu, really can make people sexcited la don't know why. No detail info, just some basic sketches of their vision, maybe it's really the ijm magic and the green trend.

Reminds me of Setia Walk actually. Setia walk first phase buyers were abit in the woods when timing ngam ngam kena US crisis, there are those who pulled out. For those who persevere naturally got rewarded.
Looking at our stock market direction, I think correction and consolidation will come next year and might last two years. But who am I to say. But I believe holding power is the key again if wanna enter. Just some ramblings.

wah.. can see your "sexcited" really WTF symptoms

This is the larger scale of new township like Denai Alam or Alam Impian...

Very hot punya IJM project ...

Anyhow, to enter today, every projects also need holding power but BR definitely need longer since it is just the first phase...

whats the pricing anyways on this? seems damn dashyat

lol! i pun tak notice .. i not very active de.. looks like still kena wtf poison dy .. keke

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Added on June 2, 2012, 8:06 amagree wid u ... but no matter how hot .. i think no bank wanna lend to me dy

This post has been edited by 1ullaby: Jun 2 2012, 08:20 AM

but when a township is too big and supply are abundance, appreciation will take a while. One must really have holding power at least 5 yeras.
Only set back is lease hold. Market is also a bit soft now. Lets see whether the price is competitive o not. Otherwise better choose alam impian.

This post has been edited by jucl: Jun 2 2012, 11:10 AM

Please click the link below for the news in the edge about Rimbayu:

http://www.malaysiapropertynews.com/2012/0...b-township.html

Market still standing strong from what I see. Few launching like recent Denai Alam, 800k++ house sapu within 30 mins. I also hope market could be 'softer'... At least to small fish investor like me.