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Investment TRADEWINDS BELFIELD, Tan Sri Syed Mokhtar ventures into Condo

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TSaccetera
post Jul 29 2014, 10:12 AM, updated 12y ago

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A highly anticipated project.

Coming soon.
TSaccetera
post Jul 29 2014, 10:26 AM

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QUOTE(nookie188 @ Jul 29 2014, 10:21 AM)
haha! highly anticipated ? not for me..what does he know about property development?
he is everywhere..now want to stick his finger in property dev pulak..
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Bro, you heard of Emaar? The company that built Burj Khalifa in Dubai.

Several coverage if you read The Edge business weekly.

Emaar is now investing in Malaysia. One of the project that is fully residential is this one, besides their projects in Iskandar.
http://www.nst.com.my/node/12665

Over in KL Inner City, Tradewinds and Emaar will be building:
- Tradewinds Towers on Jalan Raja Laut - two towers including a 50-storey tower, hoarding is there
- Tradewinds Square on Jalan Sultan Ismail - Kuala Lumpur's latest world landmark including a proposed 102 storey tower, other towers and a luxury shopping mall

This post has been edited by accetera: Jul 29 2014, 10:28 AM
TSaccetera
post Jul 29 2014, 10:31 AM

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This project location is in Seputeh, near Kuen Cheng School.
TSaccetera
post Aug 11 2014, 08:57 PM

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QUOTE(nookie188 @ Jul 29 2014, 10:31 AM)
bro - i really think all this continuous non stop building by investors from ME, china, etc is helping to build a bigger bubble for us..do we need more office towers, shopping malls ?
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In KL, who from ME and China building?
TSaccetera
post Aug 12 2014, 12:25 AM

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QUOTE(CloudAtla$ @ Aug 11 2014, 09:36 PM)
4 season hotel build by China Contractor.
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Build by China contractor is normal lah. Many projects are built by some big names.

But they are building based on Malaysian developers. So technically they are not associated with socalled property bubble mentioned by another forumer above in Klang Valley because they are not developers.

This post has been edited by accetera: Aug 12 2014, 12:26 AM
TSaccetera
post Aug 12 2014, 11:45 AM

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QUOTE(CloudAtla$ @ Aug 12 2014, 06:55 AM)
China contractor can build at very cheap price. Even at lost. Same with korean contractor. Malaysian contractor all have to step aside. The property bubble associated with china developer will be in jb. They are launching like no body business. Those buying property in jb shld be worry. Majority buyers fr singapore not local. Bubble is in the making.
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In majority of buyers are Malaysian IC/passport-holders from Singapore, to be exact.

Even then, after 1 year of launch, I visited CGDanga Bay last week, still a lot a lot of people visiting the show gallery.

In Malaysia, "bubble" is mainly caused by an economic recession which is not on the cards according to most analysts. We are expecting a faster than expected GDP this year due to exports recovery, proven by recent impressive Q1 growth and up up up of our Tech stocks.

This post has been edited by accetera: Aug 12 2014, 11:47 AM

 

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