Just check the KLSE announcement and saw this. Due to share drop like "berak"

wonder where its located? toward subang side or ln kebun side?


The Board of Directors of Gamuda wishes to announce that Setara Hati Sdn Bhd, a wholly-owned subsidiary of Gamuda, has on 1 December 2014 entered into a sale and purchase agreement with Bukit Melati Sdn Bhd for the acquisition of all that piece of leasehold land held under PN 95272, Lot 66166 in Mukim Tanjong Duabelas, Daerah Kuala Langat, Negeri Selangor Darul Ehsan measuring approximately 104.1 hectares for a total cash consideration of RM392,172,858.00, details of which are set out in the attachment.


INFORMATION ON THE LAND
The Land is a vacant parcel of leasehold land measuring approximately 104.1 hectares, which
is currently classified as agricultural land with a lease tenure of 99 years expiring on 16
September 2111.
The Land is located 2 kilometres (“km”) from Kota Kemuning. Its distances from the following
major cities are:
Petaling Jaya - 26 km
Kuala Lumpur - 34 km
Shah Alam - 15 km
5. DETAILS OF THE ACQUISITION
5.1 Salient


Any investor going for the AGM - 4th Dec ? pls ask more details.

http://www.bursamalaysia.com/market/listed...cements/1812225

This post has been edited by tikaram: Nov 20 2016, 10:39 PM

Plans for landed?

Near johan setia? Or before rimbayu?

leasehold.

more likely toward rimbayu.

johan setia is freehold, toward subang also freehold.

anyone going for the AGM of gamuda on 4th dec? pls ask ask.

This post has been edited by tikaram: Dec 2 2014, 08:25 PM

johan setia is leasehold.

mix development??

Under daerah kuala langat ?

If under daerah kuala langat . Then must be behind the kawasan industri kota kemuning

gamuda joining the reputable ijm,ecoworld and tropicana?
kota kemuning 2?
high rise?
mix development?

Kemuning2???

Not so soon launching la....... Should be by 2017 as time needed for masterplan.

This post has been edited by tmdsad: Dec 3 2014, 09:54 AM

Please build better house, dont anymore build like 20x75 or 20x80 like armaya 1,2 and 3

May be, just buy land lah, long way to go

It is a land next to caltex rnr Salak, also downside of Rimbayu. Very good location...future link to MEX and puchong south. Any further info pls share. Tq

This post has been edited by keponggangster: Dec 3 2014, 08:20 PM

Look like kemuning south going to grow

By referring to the map attached, exactly where is the land?


Attached thumbnail(s)

Nice map bro. Thanks.
My speculation, it shud be the blue colour piece of land next to Kuala Langat Forest Reserve. But after checking with the announcement, the land is smaller...part of the blue colour land?

+ points : very near to Puchong South, next to Rimbayu and Cyberjaya

This post has been edited by keponggangster: Dec 4 2014, 09:07 AM

Since it's saying 2km from Kota Kemuning, the distance should be half of Rimbayu to Kota Kemuning..since rimbayu to KK is 4km..

http://www.thestar.com.my/Business/Busines...8bil/?style=biz


As for the land in Mukim Tanjong Duabelas it acquired for RM392.2mil a few days ago, it expected to launch the project in another two years with prices at around RM450,000

you sure aa..

rimbayu launch their 1st phase with 580k price tag..i don't think it will be lower than 600k..

http://m.jobstreet.com.my/malaysia/job-ope...gamuda%20berhad

We will book clean........before open to public........you can start join us/ work with us......by 2017....you can book this with 450k before staff discount......





This post has been edited by tmdsad: Dec 8 2014, 12:29 PM

RM450k? sure GL staff sapu every single unit! lol

Dear taikos,

need advice...since GL is coming out with Kuang and T12, which one shud BBB? I scared I cant take-up both under current strict lending environment.

I like both, Kuang for own stay and T12 for a punt...

TQ

Kepong is not far -> Serai....sure Sersi ......also ....if you work with us.....Serai to our HQ is nearer.....jk

Join us la.....we can sapu together....lol

450k for condo/landed?

How I wish to work with Gamuda...hehehe. Great company with good management team

High rise

Gamuda's 3Q net profit down 9.83% on completion of double-track rail project, soft property market

Published at 2015-06-23 20:05:04 by The Edge

KUALA LUMPUR (June 23): Gamuda Bhd saw its net profit decline 9.83% to RM160.43 million or 6.81 sen per share for the third financial quarter ended April 30, 2015 (3QFY15), from RM177.92 million or 7.74 sen per share a year ago, on completion of the electrified double tracking railway project and a soft property market.

Revenue fell 12.63% to RM553.78 million in 3QFY15, from RM633.83 million in 3QFY14.

For the nine months period (9MFY15), its net profit grew 2.91% to RM528.46 million or 22.58 sen per share, from RM513.51 million or 22.39 sen per share in 9MFY14; while revenue rose 8.54% to RM1.78 billion, from RM1.64 billion.

In a filing with Bursa Malaysia today, Gamuda (fundamental: 2.2; valuation: 1.1) said the electrified double-tracking railway project was completed in November last year.

The group also noted that while the Malaysian property market has softened, its sales of properties in Vietnam has improved in 3QFY15.

Going forward, Gamuda expects a good performance this year from on-going construction projects, substantial unbilled sales of the property division, and steady earnings from the water and expressway concessions division.

Gamuda said work on the Mass Rapid Transit (MRT) Line 1 at the end of May 2015 was 64% completed. "The installation of rail tracks is progressing, with 60% progress achieved."

The project is on target for Phase 1 completion in December 2016 and full completion by July 2017, with no significant cost overruns so far, the group added.

Four MRT electric trains are undergoing testing at the test track in Sg Buloh Depot and by mid-July, a total of 10 electric trains will be delivered to the Sg Buloh Depot, the company said.

Gamuda said the underground works package has achieved a certified progress of 78% at the end of May 2015.

Gamuda also said it will be launching two new projects by the end of 2015, namely HighPark Suites at Kelana Jaya and Bukit Bantayan in Kota Kinabalu, Sabah, with a combined gross development value of RM 1.3 billion.

Projects in the planning stages include Seri Serai and Serai Springs township developments located at the intersections of the North-South Highway, Guthrie Corridor and the Kuala Lumpur–Kuala Selangor Expressway (LATAR); 1,530 acres of development land located opposite the Cyberjaya or Putrajaya interchange along Expressway Lingkaran Tengah (Elite Highway); and 257 acres of land which is adjacent to the Kota Kemuning township, the group said.

Gamuda said it is also preparing to launch its maiden project of a high-rise development in Melbourne, Australia, with a GDV of RM400 million.

Gamuda shares closed four sen or 0.8% lower at RM4.94 today, with a market capitalisation of RM11.98 billion.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

no updates? saw the mark-up in wikimapia aredi

I hear next year mid June. From a friend working inside.

Now masterplan almost done. Similar like jadehill kajang.

Consist of service apartment. bungalow semid link house Townhouse. Affordable residential. Education international one. Commercial fronting water.

This post has been edited by tikaram: Nov 20 2016, 10:45 PM

Nice.
wah another international school in Canal city on top of the one in Tropicana Aman and Bandar Rimbayu.
Tropicana Aman - UK based syllabus
Bandar Rimbayu - US based syllabus
Gamuda 257 --- maybe Australia based syllabus ?? hahaha that will make it complete for Canal city.


Home wise, if similar to Jadehill Kajang or maybe a bit higher class designer homes..not bad .

http://gamudaland.com.my/twentyfive7/
http://gamudaland.com.my/developments/jade...esign/overview/

Looking forward to the release of their Master plan

In Kota Kemuning, Gamuda Land is moving forward with a lifestyle integrated development dubbed twentyfive.7. Built on 257 acres with a GDV of RM3.8 billion, it boasts of “striking designs and new concepts never seen before in Malaysia”.

Inspired by the avant-garde lifestyle of the millennials, it features a vibrant waterfront hub with creative retailers and shops such as artisan cafes, specialty stores and concept restaurants, along with community spaces for performing arts and events. The pulsating domain is targeted at millennial-minded homeseekers as well as young creative start-ups looking for a community to share ideas and inspiration. It will be launched in the second quarter of 2017.

“We are confident that our new developments will be truly unique offerings that will get the public excited,” Chow concludes.


http://www.theedgeproperty.com.my/content/...ing-value-lasts

The official address is jenjarom, not kota kemuning.

Really? That's confusing. It's somewhere in between BSP and Rimbayu I think, not sure why fall under Jenjarom. But this area getting exclusive aredi with Rimbayu, Tropicana & EW, now got 257 coming up as well not sure their definition of "affordable" thou

Is more beneficial under jenjarom/Teluk panglima garang address.

If comfirmed leasehold then definitely jenjarom lioa...

If fh maybe ada chansi be part of kota kemuning.

Near BSP , besides elite highway?

Ya. This part of world is all leasehold. Not your appetite.

Price factor will determine my appetite...not fh lh status.

Not really, subsale of rimbayu is shown on leasehold property, will you buy?

No.

Same reason i dun buy freehold cyberjaya.

Confirm leasehold.

I don't touch leasehold landed too.

Got pics?

Go to gamuda website...
There is teaser ad with waterfront retails.

hearsay Gamuda planned to sell at 1m & above for 3 storeys?

If 3 storeys terrace house is 1m and above..
Semi D price how much? Bungalow price how much?
Maybe Gamuda wants to break Eco Santuary record home price level at the Canal City location.

Wow, 4 reputable developer in 1 area. Next hotspot?

all leasehold

Hotspot or not....you decide for yourself.

This location is in between the country's main airport and main shipping port.
Near the country main manufacturing and industrial hub and main technology outsourcing hub.
Near Subang, USJ, Klang South, Shah Alam, KK , Putra Heights, Puchong, PJ => lots of market potential for home upgraders seeking newer, bigger, greener, nicer and more updated home.

Accessibility will be superb.
KESAS, ELITE, SKVE, LKSA, WCE.

In my opinion, if they really want to attract the millennial-minded homeseekers to this location....then they will need to connect this location with public transport e.g. LRT, MRT.
Maybe that could be in the plan in the far far distance future LOL

Anyway, by having Gamuda here ....it will raise the profile of Canal city to the next level.
Hope they bring some of the new concepts and experience that they learned from developing Horizon Hills, Jade Hills etc to Canal City


http://www.theedgeproperty.com.my/content/...ing-value-lasts

This post has been edited by willyboy88: Nov 22 2016, 09:51 AM

IJM + Tropicanna + Eco World + Gamuda = Canal City

Definitely the next hot spot but my guess it will take 8- 10 years to mature.

This post has been edited by OperaGhost: Nov 22 2016, 09:48 AM

Everyone has their own preference or judgement of LH vs FH.
You have to decide what is best for yourself.

Some of the people I know makes a lot of money by putting their money in LH places like Kota Damansara and Bandar Sunway.
I personally missed some good opportunities because I was stuck up and decided not to buy some LH project last time.
I wished I have bought those now.
So everyone experience is different for LH/FH.
For me nowadays... location potential, accessibility, price and concept are more important factors vs LH/FH.

Yes. Definitely have to have those 'wait until neck also long' type of patience for this location LOL

I think next 5 years can see a major change.

Currently more and more family move in to Rimbayu.

they are mainly home upgraders from nearby township where mostly freehold move to leasehold.

Most important is the result. Will this canal city grow in the next 10 years? Regardless of whatever shortcoming. It can be next to cemetary but if it sells, that's all that matters.

Canal city competing with another hot spot area of sepang - saujana klia, serenia city, warisan puteri, sunsuria city etc. Both new n upcoming areas. Another new hot spot is elmina, latest launch 90% booked even tho DSL price price 700+k

This post has been edited by BRE: Nov 22 2016, 10:44 AM

Yes. I agree next 5 years should see some major changes here.
Most people cannot see this yet as this whole area is mostly under construction.

By that time, Tropicana Aman phase 1, phase 2 and phase 3 and Eco Santuari phase 1, 2 and 3 should have handed over to buyers.
The huge 85 acres central park, lakes and canal which is the biggest among Klang Valley township must be done by then also.

WCE should be done by then and it will improve Canal city accessibility.


The International schools at TA and BR should be up and running.
Perhaps the chinese school and kebangsaan schools are half way under constructions or up and running too.

The commercials areas/shop lots by TA, ES and BR will be done also.
Perhaps the lack of alcohol restriction in Canal city could pull the nightly happy hours crowd from Shah Alam, KK to Canal city hehehe
The Gamuda 257 and Bandar Rimbayu waterfront areas could be under constructions by that time.

Yes. I agree. Canal city attract a lot of home upgraders from its surrounding areas.
I am glad to see so many owners bought for own stay from the feedback on the Tropicana Aman facebook group.
I also notice that most buyers are Chinese when I survey the buyer profiles of TA. (I am not racist).
That is probably due to Canal city is nearby areas heavily populated by Chinese e.g. Klang, Jenjarom, Banting, PJ, KK, USJ, Subang etc.

Most ES buyer are upgrader for own stays too. Don't wanna sound like 自己讲自己爽 but everything seems to be going on the right direction for Canal City. Actually it's a big plus point that Canal City is not under SA. Night life with booze will be happening to attract the crowd from this site of the town 😎

Yes. So far Majlis Perbandaran Sepang doesn't have too many restriction in compare with Shah Alam council...

I believe this area is under Majlis Daerah Kuala Langat instead of Majlis Perbandaran Sepang. But I guess either is not as strict as MBSA when it comes to restrictions of alcohol and "watering holes"

Pls don't built Lrt or mrt here.

Pls give priority to more high density areas in KL. More people eill benefits.

Hopefully they can upgrade to majlis perbandaran kuala langat

Kota Damansara Leasehold.

KL lagi byk leasehold.

damansara perdana leasehold.

ada apa hal?

Selangor gov have plan build LRT from rawang to shah alarm and shah alarm to putrajaya, so most likely will pass by around canal city too

Jalan klang lama. SelaYang. Alam damai example these higher density need lrt/ mrt more than canal city here.

Yes. I heard about that plan.- "rawang to shah alarm and shah alarm to putrajaya'

Also, it makes sense to connect the Johan Setia LRT end station to Putra Height LRT station via KK or Canal city.
It will help to complete the LRT circle loop on Klang valley west.


Maybe at a grander scheme, have public transport to connect Southwest KV to Southeast KV via cyberjaya and putrajaya e.g. Klang south >> KK or Canal City >> Cyberjaya >> Putrajaya >> Bangi/Semenyih/Kajang

Dream on LOL.

Slow slow wait for your dream

Sure. Thank you.
I am those type that has a lot of patience LOL.

Yes, u r rite. But gov. plan always not wat we want

4 heavenly kings class A Developers in 3000 over acres in canal city lah...

Other areas wait long long lah...

Honestly...

Can someone confirm if there is no 4sins restriction in mdkl?

4ekor alcohol cinema and entertainment?

Ijok/puncak alam also not part of shah alam...but there is unwritten restriction also.

Just want to know....not to stir things up.

Putrajaya also not shah alam...but there seem to be restriction on 4sins also.

Aiyo Uncle Bean. You been to Jenjarom, Banting or Morib (under MDKL) before or not?
Go see for yourself how many 4ekor, pub, karaoke , cinema there la hahaha

Gamuda project look great, how much ? what product ?

No never been there especially after hours.
Didnt notice got cinema n pub n 4ekor....

Aiyo. That's why I ask you not to hide in Setia Eco Park so much.
Come out and explore other areas in Klang Valley a bit LOL
Let's go party in Banting LOL https://www.facebook.com/hotspotbanting/
maybe you will bump into or network with some Banting/Jenjarom tai kor or taukeh to show folks how to make a boat load of $ lol

This post has been edited by willyboy88: Nov 23 2016, 02:15 AM

Don't underestimate d other 2 areas bean kor, sdp n ioi also big taikor developers la. I'm betting on serenia city

This post has been edited by BRE: Nov 23 2016, 09:33 PM

We can only hope for everybody wins.....

Doesnt matter....one can only chong limited areas....

One more things is, Persiaran Rimbayu will become main access to KLIA very soon after opening.

This stretch will become busy and more busy, by that time, nobody will not feel is nowhere land at canal city.

Is there any shopping mall in the pipeline from Gamuda? As of now, no news from any of the 4 developer mention on shopping center. At least a community mall will be good enough.

Rimbayu masterplan have big box commercial plot ready, other than that also have private education and private hospital in plan.

mahsa uni is 5km away, personal think building mall here can be sustain.

This post has been edited by mingyew: Nov 23 2016, 03:26 PM

Ecohilk walk just sign up mbo to open there, it will b good if canal city have a cinema

That's a good idea but what canal city really need first is a mall or a confirmed plan to have a mall before anyone decide to open a cinema there.

Canal city 3000actrs 4 heavenly king class A developers no mall or cinema in the pipeline?

How come?

Ya lo, ew n sps confirm opening 2 malls I think in em n seh. Opening a big mall like ioi city mall will also attract ppl from bsp n kk in addition to canal city ppl big market.

This post has been edited by BRE: Nov 24 2016, 09:50 AM

Bdr Rimbayu has commercial land reserved for building a mall. I guess we'll just have to wait for IJM then.

Canal city main plus is its big 85 acres park, canal and lakes waterfront.
I think people who choose to live here mostly want a peaceful, quite and a green environments with good amenities like schools, international schools, hospitals and grocery stores e.g. AEON, Econsave etc nearby

In my opinion, I dont think we need a big giant mall in Canal City like IOI City Mall, Sunway Pyramid or IU.
Traffic jam will be crazy for residents here if we end up with a big mall like those here. Besides, I dont think currently Canal City has the population density to support a big giant mall like those here.
There is really too many malls already in Klang Valley and we dont need to add to the mall glut.
The trend going forward is for online shopping e.g. lazada.com, alibaba etc especially for the newer generations.
Eventually only the strongest big mall will survive.

Since Canal City has great highway accessibility, those malls like IOI city Mall, Sunway Pyramid, 1U , Bukit tinggi Aeon, USJ Main place are all within 20-30 minutes drive only. Asia's biggest outlet mall , Mitsui Outlet mall is also within a short 20-30 minutes drive.

What we need here is a good neighbourhood mall e.g. something like Bangsar Village mall, Kepong Village mall with a focus on F&B, cinema, grocery stores, services e.g. haircut, salon etc.
Something like Plaza Arcadia or Parkcity Towncenter in Desa Park City would be nice too. I think the Bandar Rimbayu commercial waterfront (to be built) or Gamuda 257 commercial waterfront is heading that direction.

Others may disagree . This is just my personal opinion.

This post has been edited by willyboy88: Nov 24 2016, 10:08 AM

I think better planning and market study better than rushing to build mall and might be under performance later.

Should have something like family mall, like ikea+IPC+e-curve.

wah 'ikea+IPC+e-curve' ......bandar rimbayu got allocate so much land for those big box malls on their commercial land ?

otherwise ...there is still plenty of empty land opposite of Canal city just right opposite side of bandar rimbayu on the other side of SKVE ....some developer can plan those there once the population density in this area increases.





Attached thumbnail(s)

Rimbayu big box commercial plot.

This post has been edited by mingyew: Nov 24 2016, 11:08 AM

icic. looks like they allocate quite a big sizeable plot of land for their commercial hub (dark green color).
a) One whole stretch of land from the roundabout on the north to the south facing SKVE and
b) another stretch of commercial land fronting SKVE from Flora precinct to the Bayu waterfront precinct.

Thanks.

http://projects.ijmland.com/rimbayu_aerial_vr/RAVR2.html




Attached thumbnail(s)

Gotcha. Thanks!

That's why i said, feasibility and opportunity is high due to highway and surround population.

Setia Alam is one of the case study.

Agree bro, I'm nt saying that we should rush to build d mall, but d potential is there since there will be huge catchment market from cc , kk n bsp. More shuttle buses to ph lrt hub will also help in bringing ppl to d mall

Setia Alam on the north, this one on the south much nearer to KLIA ,Port Klang Cyberjaya, Putrajaya etc, different location.

Accessibility wise , Canal city much better than Setia Alam NKVE vs SKVE, ELITE, KESAS, WCE

This area got no 4 sins restriction (4ekor, pub, night club,karaoke, cinema) surrounded by mostly Chinese areas (Klang, Banting, Jenjarom, KK, Subang) ....probably the commercial areas can 'fly'.
Like forum member OperaGhost was saying 'Night life with booze will be happening to attract the crowd from this site of the town'
I can sense free flowing alcohol and yam seng party flowing until canal city waterfront, lakes and canals LOL

However, need to hold long term to get the full capital appreciation.