Property news source: https://renthouz.my/news-hub.

Block A - 48 storeys (420 units)

Block B - 44 storeys (676 units)

Block C - 46 storeys (304 units)

Block Office Tower - 40 storeys

Atop a 2-level retail floors.


Location: Jalan Nipah, off Jalan Ampang Gleneagles.

Expected Price: N/A

Target Launch: 2016

Developer: Titijaya Land

Status: DO submission

http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=591034&S=S

This post has been edited by accetera: Jul 11 2024, 11:25 AM

They got another land opposite.

About 2.4k+ units in total.

Hearsay selling soon?

Launching First
Phase 1: Mini Dual-key SoVos (1,110 units)
First posted: https://www.facebook.com/PTLMalaysia/







This post has been edited by accetera: Oct 10 2016, 09:23 PM

The Phase 1 is a Menara Pejabat to begin with... it's interesting that it has been partitioned to about 30 sovo units to sell.

This post has been edited by accetera: Oct 29 2016, 08:53 AM

Location:




I believe Ampang Avenue (South Parcel) is not gonna be the final name because it sounded too generalised and developer will go for branding for this big project.

There will be 3 other blocks of condo in the same land. Phase 2, 3 and 4 of South Parcel.

Further up north (North Parcel), there will be future development of condos and RUMAWIP.





Neighbouring CB Galleria project can refer to >>> https://forum.lowyat.net/topic/2753835.

This post has been edited by accetera: Oct 31 2016, 05:51 PM

Don't worry... i know this project as was involved in planning for neighbouring project.

Now no more...

No more mall.... and pricing is not finalised. They just submitted DO somewhere in Sept.

Titijaya partners CREC for RM2.1 billion Off Jalan Ampang project
BY TOH KAR INN | The StarBiz
Tuesday, 8 November 2016 | MYT 1:30 PM
http://www.thestar.com.my/business/busines...2-1bil-project/


KUALA LUMPUR: A subsidiary of property developer Titijaya Land Bhd, Titijaya Resources Sdn Bhd, has signed an agreement with CREC Development (M) Sdn Bhd for a mixed development project at Embassy Row in Jalan Ampang, Kuala Lumpur

The proposed development on 6.06 acres is expected to have a gross development value of RM2.1bil.

To carry out the project, the two companies acquired Ampang Avenue Development Sdn Bhd, whose subsidiary is the registered proprietor of the land, for RM80mil.

Titijaya group managing director Tan Sri Lim Soon Peng said the signing marked an important milestone for Titijaya in its efforts to broaden its revenue stream.

“The rationale of the proposed acquisition of Ampang Avenue is for Titijaya Resources together with CREC as shareholders of the JV company to form a strategic collaboration in relation to the proposed development of the land.

“We believe that this corporate exercise will enable us to seek new strategic growth and ensure earnings sustainability for Titijaya, moving forward,” said Lim.

He added that the proposed JV with CREC will enable both parties to leverage on synergistic outcome for mutual benefits.

CREC is a wholly-owned subsidiary of China Railway Engineering Corporation (M) Sdn Bhd, which in turn is a wholly-owned subsidiary of China Railway Group Ltd.

CREC is one of the world’s largest construction companies, with a history of more than 100 years and ranked 57th among Fortune World Top 500 Enterprises and 7th among Top 500 Chinese Enterprises in 2016.

The 6.06 acre is referring to the southern parcel only.

Jalan Ampang market is heavily rely on foreigners and expatriates and it might be the current mood that is not too conducive. Hopefully, it will be better in the future.

We noted that there are alot of developments on Jalan Ampang having some issue in getting tenant, subsale, value-holding and even the completeness or delivery of product. Developments that are "off Jalan Ampang" typically will bring price-competition to those on the main road as the off ones are priced cheaper.

And there are approx. 15,000 incoming supply, out of which about 8,000 are not launched yet and these are just getting D.O. first and not planning to launch anytime soon. Some are mysteriously undercon such as two projects behind near the lake.



This post has been edited by accetera: Nov 14 2016, 10:58 AM

who are the panel banks?