Land bought in 2011 and yesterday. Freehold.

Proposed for 2014.


UOA buys 6 parcels of land at Jalan Ipoh, next to some 16-acre land parcels it bought last time. This time the transaction would cost UOA about RM130 million. Total GDV could come between RM3-5 billion.



UOA Jalan Sentul Pasar Project (1-2 Acres) versus UOA Jalan Ipoh Project (27.9 Acres - not sure if include Sentul Pasar land)


UOA GROUP NEW SENTUL PROJECT >>> https://forum.lowyat.net/topic/2848629

UOA GROUP JALAN IPOH PROJECT >>> https://forum.lowyat.net/topic/2864090




This post has been edited by accetera: Sep 5 2019, 06:47 PM

if not mistaken could be near taman kok lian

More than 15 new projects earmarked for Jalan Ipoh area.... wow direct competition with Jalan Klang Lama.... who win?

UOA owns at least 25 acres now....

UOA Jalan Sentul Pasar Project (1-2 Acres) versus UOA Jalan Ipoh Project (27.9 Acres - not sure if include Sentul Pasar land)


UOA GROUP NEW SENTUL PROJECT >>> https://forum.lowyat.net/topic/2848629

UOA GROUP JALAN IPOH PROJECT >>> https://forum.lowyat.net/topic/2864090

2,176 UNITS + 351 UNITS = 2,527 UNITS


CADANGAN PINDAAN KEPADA PERINTAH PEMBANGUNAN YANG TELAH DILULUSKAN BERTARIKH 12 NOVEMBER 2012 (NO PERMOHONAN 141612A (16.7.2012) ) BAGI CADANGAN PEMBANGUNAN PERDAGANGAN YANG MENGANDUNGI:- ... ... ... ... DI ATAS LOT LOT 1035, 3571, 3572, 1032 DAN 340, TAMAN BAMBOO, MUKIM BATU, WILAYAH PERSEKUTUAN KUALA LUMPUR KEPADA

i. 4 BLOK PANGSAPURI SERVIS 34 TINGKAT (2176 UNIT), 1 TINGKAT M&E DAN 1 TINGKAT KEMUDAHAN PENDUDUK DI ATAS 5 TINGKAT PODIUM YANG MENGANDUNGI KEDAI KEDAI, PEJABAT DAN TEMPAT KERETA

ii. 1 BLOK PANGSAPURI SERVIS 27 TINGKAT (351 UNIT), 1 TINGKAT M&E DAN 1 TINGKAT KEMUDAHAN PENDUDUK DI ATAS 6 TINGKAT PODIUM YANG MENGANDUNGI PUSAT MEMBELI BELAH DAN TEMPAT LETAK KERETA

iii. 8 BLOK KEDAI PEJABAT 3-14 TINGKAT DENGAN 1 TINGKAT M&E

iv. 2 ARAS BESMEN TEMPAT LETAK KERETA

DI ATAS LOT LOT 1035, 3571, 3572, 1032 DAN 340, TAMAN BAMBOO, MUKIM BATU, WILAYAH PERSEKUTUAN KUALA LUMPUR

Taman Rainbow, next to Taman Kok Lian. Huge land so many borders.

Because it states "Cadangan Pindaan" or Amendment.

Artist Impression


Source: UOA Development Bhd | First posted on Patchay.Com

UOA Development to roll out two projects with RM840m GDV
By Cynthia Blemin of theedgemalaysia.com
Thursday, 29 May 2014 14:34
http://www.theedgeproperty.com/news-a-view...m840m-gdv-.html


KUALA LUMPUR: Property developer UOA Development Bhd is looking to roll out two projects, one in Old Klang Road and the other in Sentul over the next few months.

UOA Development general manager Eugene Lee said the gross development value (GDV) of the two projects totals RM840 million and is expected to contribute to the company’s sales for financial year 2014 (FY14).

“We did some previews for our existing buyers and the response has been good, it should translate into sales starting next month,” said Lee after the company’s shareholders meetings yesterday.

As at December 2013, unbilled sales for the company stood at RM1.25 billion, according to Lee.

The Southbank project in Old Klang Road has a RM500 million GDV and will comprise the development of 647 residential units and six boutique office towers, while Sentul Point (phase 1) will consist of 462 units of residential and 15 units of shop offices.

Both the projects are expected to be completed by 2017.

The pricing for Sentul Point averages between RM500 and RM550 per sq ft (psf) with units ranging from 800 to 1,000 sq ft. The Southbank development will be priced slightly higher between RM650 and RM750 psf with units mostly at 900 sq ft, said Lee.

The units will cater to the growing demand of the medium-end market with its residential properties costing below RM1 million, he added.

Currently, 70% of its sales come from the residential segment with the remaining derived from commercial units, he said.

“UOA has a long history of developing commercial properties, but looking at the pipeline of residential projects that we have, the contribution will be higher in residential and will be more than 75%,” he added

He noted that UOA Development’s undeveloped landbank stood at 1,240 acres (501.81ha) within Greater Kuala Lumpur.

Meanwhile, UOA Development’s net profit fell 62% year-on-year to RM44.65 million in the first quarter ended March 31, 2014, from RM119.14 million a year ago. This came on the back of the absence of en bloc sales for the quarter under review.

Revenue was down to RM174.99 million compared with RM381.86 million previously.

In a filing with Bursa Malaysia yesterday, UOA Development said it recorded total new sales of RM335.5 million for the first quarter of 2014 with strong sales contribution from a new residential project — South View Serviced Apartments — and other ongoing projects such as Scenaria at North Kiara Hills and Kencana Square in Subang.

“For the remaining of 2014, we intend to launch approximately RM2 billion worth of development projects including Southbank in Old Klang Road, Sentul Point (Phase 1) in Sentul and a parcel of Jalan Ipoh land,” it said.


This article first appeared in The Edge Financial Daily, on May 29, 2014.

Next year

Yes

Yes with MRT station.