Project : Mixed Development @ Likas, Kota Kinabalu

Location : Between Jalan Bukit Bukit Bendera & Fuad Stephens Highway

Landmark : Likas Bay / The Peak Vista

Land Tenure : Leasehold 99 Years

Unit Type (Breakdown Estimates) :
= 200 Rooms 5-Star Hotel (Confirmed - Not For Sale)
= 30 Units Ground Floor Retail (100% Booked)
= 50 Units Upper & 1st Level Retail & Office (100% Booked)
= 10 Units Duplex Garden-Villa (Pending Preview)
= 100 Units Super Condo (Pending Preview)
= 220 Units Typical Condo Block B - Phase 1 (100% Booked)
= 220 Units Typical Condo Block A - Phase 2 (Pending Preview)

Typical Condo Sizes (Units Per Block) :
= 800 SqFt (16)
= 850 SqFt - Corners (41)
= 900 SqFt (48)
= 1,050 SqFt (64)
= 1,200 SqFt (53)
= 1,650 - 1,750 SqFt (18)
= 2,050 - 2,070 SqFt (12)
= 2,800 SqFt - Duplex Penthouse (12)

Facilities & Features :
5-Star Branded Hotel
Sky Club
Separate Hotel & Condo Pool
Pubs & Branded Outlets
Basement & Elevated Car-Park Bays
Triple-Volume Ceiling Banquet Hall
Gardens & Landscape
Beach Front, Unblocked Seaview
Minutes From KK Centre

Phase 2 previewing soon. Please email me for progress updates & details. Thks.



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Boss, looks good. Flip or rental play? Belapa psf?

Kk too many malls....and kk ppl more Prefer landed...and where got min to kk center?..!!!

wouldnt say its Bangsar of the east.............in fact this Likas is under developed...........but the sea-view units should be fantastic............


this one............price will not be cheap..........well nothing in KK is cheap anyways............

Mainly for flip, many cash-buyers for own-use, vacation home and business transits. Rentals in KK is more of tourist and industry-driven like oil & gas, offshore finance, timber and trading.

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Added on June 27, 2011, 9:28 amKK is a tourist destination, not only within Malaysia, but SEA & Asia, especially those HK celebrities and eco-tourists from Europe. The natural resources like Mamutik Island, KK Park, Mt Kinabalu. hot-springs, beaches etc. So, it wouldn't hurt having a few more. There is only 1 mega mall in 1Borneo, the rest like Warisan Square, Karamunsing Complex, KK Times Square are just medium commercial clusters conveniently scattered around KK. This Likas project is not a mall concept.

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Added on June 27, 2011, 9:37 amSorry, what I meant was, the concept will be like Bangsar. And the selling proposition is to enrow the ground floor retails with Pubs & Bars, with the seaview to build an expat hang-out. Believe there is currently none of such concentration of entertainment and leisure in KK. The upper retail will be branded boutique stuff, to fet the appetite of the guests of adjoining 5-star Hotel.

Yes, KK prices not cheap anymore especially in recent 2 years. Doing catch-up with Johor and Penang. There's an article write-up in The Edge about the rise of properties in KK. You may get more general view of the current market directions in KK.

This post has been edited by 1project: Jun 27 2011, 09:40 AM

1project,

Thought KK props has always been doing better VS Johor? Anyhow will check this out next time I land in KK...............have always like a seaview unit...............

n can share whats the indicative price like?

pub & bars? Many places got lah...old area Lintas, api api center along and got Seaview...now got KkTime square - Chocolate with the door entry been designed to be the 'lips of mouth'....

Sorry not to hijack the thread. It sounds like an interesting development. But pub&cafe with sea view, Kk got alot. Best example is waterfront. Nowadays im not sure whether property near sea is safety or not? Hehehe

This development is called 1 Likas now.. same developer as 1 Borneo and 1 Sulaman, and also 1 Gateway in Klang.

yup, read abt some of the discussions of their projects at propertyWTF..

http://www.propertywtf.com.my/shah-alam-kl...-klang-t49.html

http://www.propertywtf.com.my/other-states...-sabah-t30.html

the principal of this developer has gained entry into a couple of PLCs thru the backdoor recently and very likely, these 2 projects may be assumed by the developer under the wings of its new enlarged profile.. shall leave the rest of the interpretation to whatever that has been reported in the market..

This post has been edited by EMYGHT: Mar 10 2012, 03:17 PM

A joint-development project between

Warisan Harta Sabah Sdn Bhd (developer),

Sagajuta (Sabah) Sdn Bhd (developer) and

United Sabah Islamic Association (landowner),




the 1.5 million sq ft shopping mall boasts shopping, leisure and dining outlets besides containing a deluxe hotel, a specialist medical centre and a private college.


Qhazanah Sabah Berhad generates revenues from its subsidiary companies which operate business ventures ranging from ports management and services, telecommunication, motor vehicle ownerships and transportation related services, energy, property development and ownerships, sterilization and provision of medical services.


Qhazanah Sabah Berhad was incorporated on 6th April 1995 as an investment arm of Sabah State Government under the Malaysian Companies Act 1965.

It was initially run as a public limited company but subsequently became a private limited company on 15th September 1995.





Who is the boss of Sagajuta (Sabah) Sdn Bhd

https://dailyexpress.com.my/news.cfm?NewsID=110773


Now no more?

LHDN big case


KLANG:

Dermaga Suasa Sdn Bhd (DSSB) and Sagajuta (Sabah) Sdn Bhd subsidiary Legenda Erajuta Sdn Bhd (LESB)


will revive an abandoned project in Klang known as Intania Klang while developing a new concept street mall named 1Gateway adjacent to it.

DSSB said it has received the green light in December 2010 from the landowner, Port Klang Authority (PKA) to complete the abandoned 16 units of shoplots located in Taman Datuk Abdul Hamid on what used to be the site allocated for PKA senior staff quarters.


So now 1 Borneo mall owned by sabah state government?

This post has been edited by plouffle0789: Jun 22 2024, 02:01 AM