According to WZT latest quarterly report, they still have RM6.3B gdv yet to be launched in bukit tinggi area (believe it includes 2.7b project). very little land left elsewhere n wht r they gona build


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Based on current progress, wont finished on time. An idea when is their target on vacant possesion or anyone can predict ?

This post has been edited by teiksingw: Aug 31 2016, 09:53 PM

Pictures today!
Block A like 5 floors
Block B like 8 floors
*Delivery of both blocks will be TOGETHER so its still quite a long way to go.

This tower B launched n early SnP almost 2 years already. I think proper delivery wld need another 20-24 months to go. Early buyer can expect up to 10% of LAD

Anyway, any update on the office tower n the connection/telephone/internet problem or the lack of it which hindered purchasers/potential tenants from moving in?

This post has been edited by Babizz: Sep 13 2016, 05:41 PM


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Added connectivity for Lead Residence and Landmark office tower. The relocation may partially affect premierz hotel biznes.

This post has been edited by Babizz: Oct 1 2016, 10:30 PM


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WCT is planning to launch 2 projects in the picture soon namely BBT2 phase 4E which would be high end apartments+shops+office maybe (the part fronting the main road looks nice). Theres also sohos etc beside landmark

Both these locations are SUPERB by Klang standard



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wah this area (Bandar bukit tinggi/ Bayu tinggi/ Bandar Botanic) is getting more and more ONG by the day.
- Aeon, Giant, Tesco
- hospitals built e.g Manipal
- chinese school and kebangsaan schools
- lrt coming
- more and more high rise residentials coming


With LRT, I would bet southern Klang e.g. BBT, Bayu Tinggi, BBotanic would do better than northern Klang (Meru, Setia Alam) in the next few years.


This post has been edited by willyboy88: Oct 12 2016, 12:19 AM

The location next to Landmark should be the better one of the two. The bigger plot phase will be in between 2 LRT3 station and is quite a walking distance to either one. Pricing will be a killer from WCT.

This side of Klang is going to be famous for medical centre as well with many new coming up. New mall will be coming (KSL City Mall 2, Gravit8, etc) but success rate is going to be a question.

Is always planned vs unplanned township where unplanned will grow faster since development is smaller and easier for developer to go in.

The Port Klang Free Zone (PKFZ) will be fully-tenanted with an expected rental revenue of RM80mil per annum by next year, according to PKFZ chairman Datuk Tan Chong Seng.

Among the major firms that currently occupy spaces in PKFZ are Aker Solutions, Schlumberger, Cargill, DRB-Hicom and SH Cogent Logistics. About a third of the land space in PKFZ is occupied by foreign companies.

http://www.thestar.com.my/business/busines...rental-revenue/

LRT3 confirm delay la. nothing going on in shah alam, bu, klang for this line. mrt2 alrd started.

Lukewarm response to LRT3 rolling stock tender

THE weak ringgit has caused a new problem. The tender for the rolling stock for the third light rail transit (LRT3) project has seen only one party submit a bid that is causing a headache for the project delivery partner (PDP).

MRCB George Kent Sdn Bhd, which is the PDP for LRT3, is said to be in a dilemma. Accepting the tender will mean that it has no wriggle room to determine if the tender for the rolling stock is what the “competitive price” should be.

Should the tender for the rolling stock go through a fresh process, then there is a likelihood of further delays to the completion of the project. In both cases, the outcome can be detrimental to the PDP. Prasarana is said to have the final call in whether to proceed to call for a fresh tender.

When contacted by StarBizWeek, Prasarana managing director Datuk Seri Azmi Aziz declined to comment pertaining to the rolling stock tender, citing confidentiality and the Government’s procurement policy.

As the tender for the rolling stock has been postponed three times, any further hiccups can mean a delay in completing the LRT3, which is targeted to commence operations on Aug 31, 2020.

The tepid interest in the LRT3 rolling stock tender is a contrast to the interest shown for the mass rapid transit line from Sungai Buloh to Kajang, which received a much better interest and response from the industry as three bids were received for the supply of rolling stock. Three pre-qualified companies chose not to partake in the tender bid.

The tenders for the RM9bil LRT3 were conducted by Prasarana Malaysia Bhd, together with the PDP MRCB George Kent Sdn Bhd. The latter is a joint venture between Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd.

LRT3, which will consist of 26 stations (25 elevated and one underground), is projected to generate an economic internal rate of return (EIRR) of 21% and the new rail network is estimated to benefit 74,000 commuters daily and 500,000 city dwellers along the alignment.

The PDP for LRT3 line will earn a management fee of 6% of the total project cost. Upon completion of the project, Prasarana will take over from MRCB George Kent and assume responsibility for the operations of LRT3.

With a fee for the PDP pre-determined, a high cost of the tender than what MRCB George Kent has forecast would mean a hit to their margins. But should there be a reboot to the tender process, then other potential companies might be able to price their tender in ringgit terms, with the element of hedging, instead of US dollars.

Based on information received by StarBizWeek, the trend of weakening ringgit seems to be the source of the problem, which prevented other parties to register their interest in bidding for the tender.

It is said the fact that the tender price for LRT3’s rolling stock was to be quoted in the US dollar may have prompted many companies to avoid bidding for the tender.

This is because with the appreciation of the greenback, coupled with the downtrend of the ringgit, the bidders would have to fork out more for the successful completion of the tender and thus effectively eroding their profit margin.

It is believed that the only party which submitted its bid is a consortium comprising two China-based entities and a Malaysian company. The two China companies are CRCC ZhuZhou Locomotive Co Ltd and Siemens Ltd China, while their Malaysian counterpart is Tegap Dinamik Sdn Bhd.

CRCC ZhuZhou Locomotive is a key subsidiary of China Railway Construction Corp Ltd (CRCC), which is one of the world’s largest construction companies.

CRCC made headlines earlier in Malaysia as it teamed up with Iskandar Waterfront Holdings Sdn Bhd to buy a 60% stake in 1MDB’s Bandar Malaysia for RM7.41bil. It is also the engineering, procurement and construction (EPC) contractor for Penang’s mega-scale project, which covers a 6.5km undersea tunnel linking Penang to Butterworth and three expressways.

The corporation is also reported to be keen in bidding for the high-speed rail (HSR) project between Singapore and Kuala Lumpur, which was recently agreed by both the governments of Malaysia and Singapore.

In June 2016, Prasarana which is a state-owned urban public transport operator, announced the completion of the pre-qualification stage of LRT3’s competitive tendering. A total of 96 companies were selected out of 124 interested entities as potential tenderers.

The rolling stock is required to consist six cars accessible end-to-end and able to travel at a maximum speed of 80 km per hour with a waiting time of only two minutes. The rolling stock is also expected to support an hourly passenger capacity of 36,720 per direction.


thestar.com.my/business/business-news/2016/12/24/lukewarm-response-to-lrt3-rolling-stock-tender

Potential big project coming up in carey island area. Perhaps that will be a trigger for surrounding areas.

http://www.thestar.com.my/news/nation/2017...h-by-port-city/

Some updates:

1. Yoshinoya and Doutor Coffee opened recently. Aeon's crowds are growing although still believe that tenant reshuffle is required in line with much higher spending power in the area compared to 10 yrs ago.

2. Leads progress is picking up pace,believe it can be completed in 15-18 months.

3. Landmark office is starting to get occupied; probably 20% now (not sure on the cabling/internet/phone problems) but retail is still below 10%. Wonder how lead's 3.5mil (1kpsf) shops will perform.

This post has been edited by Babizz: Jan 16 2017, 09:09 PM


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Oh wow yoshinoya open here already. Which floor? Near which shop? That day I purposely go there to try doutor haha. Klang is really growing!

When is their target vp ? Is there any possibility vp for blok by blok?

Looking at the design it will be pretty hard to VP block by block, people would be furious if they do so lol

1. Other key takeaways from the meeting with WCT’s management is that WCT will be disposing of Paradigm Mall and BBT Shopping Mall in Klang to a REIT for cash. WCT aims to kick start the transaction within the next six months. Given the common controlling shareholder, the market expects Pavilion REIT to emerge as the buyer for Paradigm Mall in Petaling Jaya and BBT Shopping Mall in Klang.


2. The new management is also reviewing WCT’s landbank and plan to sell parcels that are considered “non-strategic” if the prices are right, including parcels in Bandar Bukit Tinggi in Klang, Rawang and Serendah which are estimated to have a total market value in excess of RM1 billion.
http://www.thesundaily.my/news/2138317

This post has been edited by Babizz: Feb 1 2017, 06:06 PM

Hihi, i got confuse address here.

Where is MTBBT 2? izzit The Landmark?
MT stand for what?

MTBBT 2 is the landmark. can see the shops & offices picking up now that the bridge is finally opened. in a business address' its listed it as MT BBT2.

Ic, do you know MT stand for what?

nope you wana rent/buy office here?

nolah, maybe to work there.