Is this Meridien101? Got 150 units meh?

Any updates?

News : Big plans for the big city

2015 Jul 02

Developer sets sights on prime areas of KL
DID you know that Malaysia is located 101 degrees east of Greenwich?


A rendering of M101 holding’s proposed project in Bukit Bintang, which is popular with tourists.

M101 Holdings Sdn Bhd, or Meridian 101 Degree, was named after Malaysia’s coordinates back in 2012 when its founders, Datuk Seth Yap Ting Hau and Datuk Chua Eng Pu, decided to enter the property market officially as a developer.

Despite being the new kids on the block, M101 Holdings is making waves in the property market with its plan to introduce a series of “small footprint, big statement” developments based on the concept of metropolitan living.

With projects M101 Dang Wangi and Bukit Bintang underway, M101 is set on advancing the real estate industry with a concept that it thinks will be able to draw foreign investors.

The founders had been involved in the real estate industry for a good numbers of years before the formation of M101 and the decision to enter the market officially as a developer materialised when both Yap and Chua saw the opportunity for growth in property development after the market rebounded in 2010.

Chua has 19 years of experience in property development and construction.

He was appointed managing director of Vision Development Concept Sdn Bhd in 1999 and managing director for Kejuruteraan Janaperak Sdn Bhd and Vision Contracts Two Sdn Bhd in 2000.

He successfully launched and completed flagship projects such as Anjung Tiara, Desa Tiara, Summit City, Desa Residensi Condominium, Taman Pagoh Indah, and Taman Jus Perdana to name a few, in conjunction with other prominent property developers in Malaysia.

Yap, on the other hand, graduated from the University of Liverpool in 2001 and was admitted to the Bar in England.

Upon his return to Malaysia, he was admitted to the Malaysian Bar in 2010.

In more than a decade practicing law, Yap has dealt with most of the banks in Malaysia through his specialty in property law.

He has also developed relationships across the retail and commercial property sectors around the region.

In 2012, the duo joined forces and founded M101 Holdings.

“The decision came after we saw an opportunity to build small, boutique buildings in the heart of Kuala Lumpur, a niche other developers were ignoring,” Chua said.

The company now has four projects underway in Kuala Lumpur as of this year.

“We see opportunities in small undeveloped parcel of lands in the city centre. The metropolitan living conceptualised by M101 encourages foreigners to invest in Malaysia.

“We rely on our instinct to make new markets or find untapped value in existing ones,” said Yap.

With plans for projects worth Rm4bil in gross development value over the next three years, the company aims to launch 10 integrated commercial and retail developments featuring small, flexible offices, hotels, retail space and lifestyle amenities.

“We are looking at areas such as KLCC, Bukit Bintang and Raja Chulan, which draw tourists,” said Yap.

The company’s latest project will be located along Jalan Tun Razak, and will be “something different from other developments” in the area, according to the duo.

“We are also securing land along Jalan Yap Kwan Seng, in Kampung Attap and Kampung Baru. So, the next few years will be very exciting for us. We hope to complete all our projects by 2020,” said Yap.

There will be more development coming.

Now still have some unit available


This post has been edited by jonathandeho: Aug 27 2015, 01:06 AM

M101 Bukit Bintang.
Come with Rental Hassle free up to 10 years with great returns
Price is affordable good location.
Near Bukit Bintang City Centre & Times Square, Menara Warisan & TRX
Also walking distance to Monorail, MRT & LRT
Low booking fee only
Very attractive package


This post has been edited by jonathandeho: Aug 27 2015, 01:06 AM

M101 Bukit Bintang

As been to by agent all units can be lease to Best Western

How do we be assure about the leasing by Best Western? Any documentation upon purchase? Based on certain source best western do have their own 100 units . Are they gonna lease other units for their service?

Went to site yesterday what I saw was built to G floor and no more further works.

I judge the project is under funded and might be a huge con job.

MIGHT ya coz their commencement date was earlier compared to YTL's project but ytl already started construction on 2nd and 3rd floor.

erm......

Just recieved text messages from agent sayinf theres 2 more unit and dp only 2%.

Hi We have 2 Last Units for M101DangWangi.com at last year's launch price Only 2% Downpayment Fr RM505k in KLCity Pls sms me if keen TQ -Audrey

10 years GRR? Sound so attractive~ But there is always a say that GRR unit actually is the most expensive unit where developer already count in the GRR money into the property price itself~

Is it true?

Hi, this is just across the street from BBCC, and at a fraction of the price. There is an overhead link bridge to walk over. The GRR looks legit, unlike some others (not all GRR is the same, you will see after the 3rd year). The developer looks solid as well with their skywheet and dang wangi project. I'm confident of the hotel business in this area hence I've bought a few units here. 100% make profit? Can't really say but good chance.