As mentioned on https://www.facebook.com/groups/115179435202482
this is Goh Ban Huat's former land, between Mont Kiara, Jalan Segambut, Jalan Ipoh and Jalan Kuching.



FCW, IJM Land to develop land
The Edge Property | Friday, 20 September 2013 16:18
http://www.theedgeproperty.com/global-mark...elop-land-.html

KUALA LUMPUR: FCW Holdings Bhd entered into a joint venture (JV) with IJM Land Bhd to develop four parcels of land in Segambut, KL, into mixed residential and commercial property projects.

In an announcement yesterday, FCW said the JV company, 368 Segambut Sdn Bhd, would acquire the parcels measuring 671,334 sq ft for RM188 million.

The land is to be acquired from FCW’s two wholly-owned subsidiaries — FCW Industries Sdn Bhd and Federal Telecommunications Sdn Bhd.

The original cost of investment by the two companies in the land was RM90.8 million. FCW, an investment holding and management services company, is expected to register a gain of RM96.8 million based on a sales consideration of RM188 million. The proceeds will be used to redeem preference shares and for working capital.

The approved usage for three of the four parcels is for industrial development while the fourth is for the cultivation of coffee.

Since it is a related party transaction, FCW has to get shareholder approval for the land sale before it can be completed.

According to FCW, which is controlled by low-profile Tan Sri Robert Tan Hua Choon, the sale consideration of the parcels was arrived at after taking into account the original cost of investment and a report by a valuer that valued the land at RM280 psf.

FCW hogged the limelight last Tuesday when the stock hit limit-up to as high as RM1.22.

The unusual market activity prompted a query from Bursa Malaysia to which the company replied that it was in the process of entering into an agreement to develop the land parcels it owns in Segambut.

FCW’s stock has been under-performing the market and long-time investors view the potential land development as a catalyst for re-rating.

The counter closed unchanged at RM1.13 yesterday, giving FCW a market capitalisation of RM223.6 million.

This post has been edited by accetera: Sep 5 2019, 06:34 PM

FCW dont know lose how much money on this counter already....

Hope IJM Land can bring some ECO concept here...

Was surprised y Tan Sri Robert Tan Hua Choon didn't team up with his high profile brother in law

After UOA, now IJM... probably this project will link with the MRT Circle Line

This post has been edited by 37 Exposures: Sep 22 2013, 11:24 PM

Wow, earlier on was Mayland sp1,2&3.
Then it was kiara east.
Then OCR launched flexus.
Ecosky was introduced today.
Mahsing lakeville coming soon.
This land gonna come soon and matter of time, tan Chang land also would be developed.
Seems like this stretch of road is set to see big things coming up.
Oh yeah, I somehow forgot to insert magna punya boulevard

This post has been edited by kochin: Sep 22 2013, 11:27 PM

isn't this property smack between 2 schools and an extremely busy road?

IJM Land has entered into a 50:50 joint venture with FCW Holdings Sdn Bhd to develop a 15-acre contiguous plot of land in Segambut for a proposed mixed development project located next to the Segambut KTM station. The project, 368 Residences, will be developed over four phases with a direct bridge linkage to the nearby KTM station.

http://www.nst.com.my/red/ijm-land-to-set-...gambut-1.363660

Jalan segambut road need to further widen.

Maybe something is cooking. And we don't know.

+1
Welcoming IJM to develop Segambut or Kepong area.
Just noticed that area along Jalan Kuching seems to be blooming good now with Flexus, Kiara East and EcoSky. Boulevard not in the same league. Just went to their showroom, so-so only. Sales person also quite rude. Good luck to Magna Prima.

For MP, their track record can say a lot.... IMHO, I will stay away...no point spend 500k there to 'keksim'. When they are priced cheaper and yet unable to sell... Someone gotta smell the rats.

Totally agree. Their track record sucks. Better stay off. Yet, they are having sushi buffet this coming Saturday at sales gallery. Sounds fishy... hahaha.

Pi makan free lah... Just don't bring cheque book.

so now it's time to revenge!!!

Magna Prima

hahaha

Mind to share their sales ofiz address?

368 Residences.

Coming soon.

When? Any details?

Thread title changed.

Widen and then change name.

IJM riana green tropicana is very successful project.. more than 10 year still maintenance good

http://rianadutamas.ijmland.com/

pinned!

Phase 1
--------

Tower A: 52 storeys service apartments (385 units)
Tower B: 54 storeys service apartments (362 units)

Including Retail podium.

Phase 2
--------

Tower C: 55 storeys service apartments (366 units)
Tower D: 57 storeys service apartments (382 units)

Including Retail podium.

Phase 3
--------

Tower E: 58 storeys service apartments (390 units)
Tower F: 60 storeys service apartments (412 units)

Including Retail podium.

Phase 4
--------

Tower G: 69 storeys service apartments (746 units)

Including Retail podium.

Total units planned: 3,043 units


http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=576101&S=S

3000 units

In future will take 2 hours to exit from Jalan Segambut or Jalan Dutamas.
Luckily I stay in Taman Sri Sinar. Can use DUKE Sri Damansara Link in 2 years time.

This post has been edited by mikessc: Mar 7 2015, 06:13 AM

Status for this project rejected from DBKL?

http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=576101&S=S

Tolak
24-Feb-15 (32 hari)

got any update on this project? GBH clay pipe factory must moving out if these project approved.

WTF?? Build OUG Parklane meh?

How much PSF and land size?

Website updated.

http://www.rianadutamas.com/

Blog page?

Anaxur

If by IJM, quality wise must be 200% better than Parklane OUG.
high density projects suppose the price are more attractive.

SAVIO Riana Dutamas coming soon.

Show gallery almost up.

Any info on pricing or ballot date?

Any updates on prices or package?

The Show gallery is at 90% completed



form IJM website:
http://www.ijm.com/web/newsroom/what_170414_pg.html


Despite the tough market conditions, IJM Land plans to launch two eagerly awaited projects, namely Riana Dutamas Phase 1 and The Light Waterfront Phase 2, reported The Edge.

With a gross development value (GDV) of RM565 million, Riana Dutamas Phase 1 will consist of a 36-storey tower with 1,018 residential units, and five levels of parking space. The flats are offered in one-, two- and three-bedroom configurations, with selling prices starting from RM350,000.

Jointly developed by IJM Land and FCW Holdings Bhd, the entire Riana Dutamas project has an overall GDV of RM1.5 billion and total land area of 16.15 acres. The first phase of the freehold development is expected to be unveiled in the second half of this year (2H 2017).

“This is a good opportunity for homebuyers and investors to own a property in an upcoming location,” said IJM Land Managing Director Edward Chong. He pointed out that Riana Dutamas’ location in North Kiara is a plus point as it is near all major locations in Klang Valley like Dutamas, Mont’Kiara, Sri Hartamas and Kuala Lumpur City Centre (KLCC).

This post has been edited by dekatana: Jun 7 2017, 03:33 PM

Another 3K project in town👍Btw,why they like Riana name so much ?

Easier to get approval with Malae Name mayb

btw, doubt that the factories in front of the project will move out. So far, there is no sign of moving their inventories to clean up the section since the show room already gonna complete soon n some of the ground work at the site already started

This post has been edited by dekatana: Jun 9 2017, 10:04 AM

Maybe Riana is a fortune sign for IJM... How big is the landsize perhaps it will be develop by phase? few super high density project around this area!

This post has been edited by Properlog: Jun 9 2017, 11:13 AM

Wow 3k projects..
That's quite high density

3xxk so either higher pricr or higher density nowadays...choose one.

Is this commercial or residential title???

park..Segambut may be the next AMpang.

Fuiyoo.. parking.

Segambut now have The ERA, Riana DUtamas and future mega project in Tan Chong land. road so small but hopefully Duke connection helps.

Those factories, car workshops and scrapyards will have to go first before it can transform into the 'next' Ampang.

Both the ERA and Riana Dutamas, I agree. Can't imagine what Jln Segambut will look like once those super dense projects are completed. Expect more jam during rush hour.

As for that Tan Chong land, I work at the stamping plant nearby and I can tell you that the plans fell through after the management found out that the ground composition at the Nissan assembly plant at Serendah is too soft to support our plant operation. That's why the plant wasn't relocated as a result. As for the Tan Chong assembly plant nearby, I think they have no plans to relocate to Serendah for the time being.

Let's hope so as I like using that road but even so, soon it will be another jalan for development while how the road system will be change

parking

Soon it'll be just another OKR. Just that DBKL have got to link it up to Jln Lang Emas to create a new and proper interchange like what was promised back 4 over years ago. I wonder if it will ever materialise...

the tan chong assembly plant will not be relocated... its either they redevelop the land or just continue their small scale non-nissan assembling operation there... haha...

And since they started doing the local assembly of the Renault Captur, not surprised that TC will continue using that plant for a very long time.

that one very small volume only... they can easily move it to serendah plant and co-assembly... they do have plans to redevelop the land... but based on their slow and steady mentality... it will be very long before they have something concrete... the redevelopment of the segambut land will also help to increase the standard of that area more.... maybe will only redevelop after current chairman's son took over...

til today, there is no global launch for Nissan cars in Malaysia.
whatever tan cheong got, its at least 6 mths to 1 yr old launched cars....

I wonder why still?

Honda Toyota and Mitsubishi all have global launches in Malaysia jor.

passive strategy for current economic condition maybe... next year tan chong will have new launching liao... dont worry... haha

no....tan cheong has been practising this since day 1.

toyota and honda have direct representative involve in local operations... while nissan dont have... hence the slow in launching... very hard to let nissan understand situation in msia compared to toyota and honda which have rep they trust report directly to them....

Maybe the Grandfather need to tap to his grandson, Anthony to spearhead TCM.

to bad anthony (the third son of current chairman) not interested in tan chong group at all.... haha... his GRAB is better value now and more exciting....

Grab is the future.

I think TCM soon will cease to exist...

Since malls at the bottom, probably commercial rate?

Yes, for both electricity and water. Same can be said for United Point @ Kepong when I queried the SA based there last time.

straight to the point

mall at the bottom will be on phase 3, they are launching phase 1 atm bro

Hi can share more details ? Thanks

16acres, total 3 phases

1st phase will be 5.3acres, 2 blocks of 509 per block.

2nd & 3rd phase info are yet to revealed.

High density.
Unknown factor if 2nd & 3rd phase....

Yes

just hope ur unit not facing the train tracks ya. bcos there's freight train passing by every night. quite noisy one. my house in kepong can hear the train honk when they pass station.

No worries, there are unit view away from the track and towards klcc

Do they plan to hv a shopping mall for phase 3?

Any agents can PM me layout, availability and pricing? The Era and duta park residences too in case you're handling it and come across this post

Please let me know what are the further consent beside these 3 projects? Will private message to you


Attached thumbnail(s)

Lol....

Received letter from IJM saying the 1st 10% construction completed.

Hi everyone,

Any further insights on this development?

Just made booking yesterday on the biggest unit. Plan to stay for own stay as wife working at KLCC and for me, I'm always changing jobs but it's always around KL/Selangor area so this development is like a center point to all potential offices location for me.

As a first time home buyer, i'm mainly worried as it is a serviced apartment on a commercial lot but as what I was told by SA, it's a residential unit on a commercial lot which will be protected under HDA, hence would not pose problems/risks such as increased quit rent, assessment tax, utilities (except for Syabas which will still fall under commercial lot rates but not really much difference compared to normal usage of condos).

Do give some insights of what you have in mind, keep the discussion open & clean

Good that you bring this up. I'm first time condo buyer. Would like to get to know more what is being advertised and what to expect from them.

Hi guys, i’ve made a booking on one unit during HOC, but I’m planning to let go as my loan may not be approved. Current price for 800sqft after discount is 615psft. Any takers can pm me

Lol why let go bro

Guys, if you are serious want to buy this area better buy the proper Dutamas project la.

Hi still available? How many sqft?

Shitty location

Ktm segambut 👍 t point

Phase 2 coming.. Worth to buy?

Worth to buy as they still have the most accessibility of roads out to Kepong, PJ and KL.
Just my 2 cents of opinion...

True, if you don't mind the 25-30 mins frequency in between trains. But KTM's 'MyRailtime' app does help with the train timing details so that you can plan your journey accordingly.

Still, it would be nice if the transport ministry could do something to improve its frequency.

Download the Moovit apps, is very helpful and plan your trip by using public transport.

IJM LAND FUEL GOOD campaign incentive

100,000 Petrol Points = RM 1,500 cash rebate with SPA price 250k - 500k
200,000 Petrol Points = RM 3,000 cash rebate with SPA price 501k - 800k
300,000 Petrol Points = RM 4,500 cash rebate with SPA price 801k - 1.5mil

valid from 1st OCT 2019 to 29 Feb 2020

SPECIAL MYHOME DEPOSIT 2.0, worth max RM 30k for 1st home buyer and unit SPA price below 500k

so many attractive promotion. faster grab it before 2020 and entitled MOT stamp duty waiver.


Attached thumbnail(s)

Phase one progress photos.

what size is the unit shown in photo? kitchen looks abit small

this is 653 sq.ft.

yes, this is kind small kitchen, as more space allocated on living area and also bedroom.

more than 70% chinese buyer. good or bad?


Attached File(s)
 riana_dutamas_savio_statistic.pdf ( 150.6k ) Number of downloads: 402

Normally for 650sqft they call it pantry instead of kitchen..

True

Well, Segambut and Kepong is a majority Chinese area, so no surprise there.

What you should be more concerned about is the type of people staying there. I recall an acquaintance of mine residing in Scenaria with her husband (both are from Batu Caves but decided to move there as it is closer to KL) and she didn't like the uncivilised nature of the Kepong residents staying there.

Not to say that all are like that. For me, I know of 2 who lived there and they're decent folk, but they're not born and raised there. One is originally from Ipoh and rented a house there, while the 2nd is a colleague of mine whose family moved there from Keningau, Sabah, many years ago.

This post has been edited by DesRed: Dec 13 2019, 10:30 AM

sadly but it is the true. if they can afford mini cooper, who will going to purchase kancil.


yes, i like to have more time at Hoi Kee cha sat. which make me feel better than starbucks.

some more, here many uncle kind of helpful also. especially car mechanic.