Red - Pekeliling redevelopment (big ass parcel)
Blue - Asie 4 acres land
Purple - Lousy TR

In ten years time? Pekeliling redevelopment is such a masterpiece

They seriously need to fire that cb architect. Hire anyone of us here also better. Just outsource it

Why wet dream

Not as rich as u. Can afford peanut projects only

Amona happens to be the landowner for quite a number of projects. Some of their bigger partners are IJM and MKH to smaller ones like Thriven. MKH products have always been very traditional. They always include an open yard in the kitchen. Those aunties and uncles love this kinda layout

Too soon to tell. At least DBKL has already approved the plan on pekeliling land earlier this year after some long ass dispute.

BAD NEWS FOR TR? UDA has plans to execute 300k-350k affordable housing on this redevelopment FML zzz

UDA eyes Pekeliling redevelopment
PROPOSAL UNDERWAY: Company plans to transform area into a Malaysian Battersea

GOVERNMENT-owned UDA Holdings Bhd wants to take over the Pekeliling flats site in Kuala Lumpur, and turn in into "Malaysia's Battersea Power Station project".

Newly-appointed chairman Datuk Johari Abd Ghani said UDA is in the process of submitting its proposal to redevelop the site.

Efforts to rejuvenate the area has stalled for 12 years.

"The 15ha development can be turned into our very own Battersea development project comprising mixed development such as condominiums and commercial lots," Johari said.


The Battersea project is a RM40 billion power station redevelopment in London undertaken by a consortium comprising SP Setia Bhd, Sime Darby Bhd and the Employees Provident Fund.

UDA is ready to develop the Pekeliling area by building affordable homes priced between RM300,000 and RM350,000 a unit strategically located in the city, Johari told reporters after the company's Hari Raya open house yesterday.

The redevelopment of Tuanku Abdul Rahman flats, better know as the Pekeliling flats, was mooted as early as 1995.

The government decided to redevelop the flats as part of a project called Taman Sari to provide better housing and living conditions in the area.

At the end of 2005, government-appointed developer Asie Sdn Bhd began demolishing Block A and B after most of the residents from the 11 blocks moved out.

Demolition work on the rest of the housing blocks, however, stalled due to a legal tussle.

Built in 1967, the 17-storey flats were one of the city's earliest public housing projects.

In 2011, property developer Mah Sing Group Bhd secured a deal to develop part of the Pekeliling flats area into serviced residences and retail units with an estimated gross development value of RM900 million.

But the project did not kick off as Mah Sing faced legal and monetary issues with project owner Asie.

Johari said the Pekeliling project has dragged on for too long and it is time that redevelopment takes off.

"If the EPF, Sime Darby and SP Setia can do it in Battersea, a similar project can also be done in Pekeliling by UDA and joint-venture partners," Johari said, declining to reveal investment details.

Johari said the Pekeliling redevelopment can be partly funded by UDA's other projects such as the ongoing Pudu development.
He said the project will give high priority to the Bumiputera agenda.

For example, the commercial lots will be awarded to genuine Bumiputera enterpreneurs who really want to do business with no political connections and they will not be allowed to sub-let their lots to non-Bumiputeras.

Johari, who was appointed UDA chairman on July 8, said he wants to go all out to bring UDA back to its former glory with emphasis on affordable houses, especially for the middle income group.

"UDA wants to focus on building homes within the RM200,000 and RM300,000 range," said Johari.

UDA, which is wholly-owned by the Finance Ministry, owns malls such as the Bukit Bintang Plaza, Pertama Complex and the AnCasa Hotel and Spa chain.

This post has been edited by mthc: Apr 11 2017, 11:04 PM

But DBKL rejected the affordable housing plan and a high end mix dev will be executed instead

KUALA LUMPUR, July 1 — The Pekeliling Flats will be redeveloped into a commercial centre as it is strategically located on highly valued land, the Dewan Rakyat was told today.

Federal Territories Minister Datuk Seri Tengku Adnan Mansor said the Pekeliling Flats were also not suitable to be developed as affordable housing.

“It is more suitable as a commercial centre which can help boost the country’s economy in line with the KL City Plan 2020,” he said in reply to a question from Datuk Johari Abdul Ghani (BN-Titiwangsa).

Johari had asked about the redevelopment of the Pekeliling Flats in Jalan Tun Razak and whether the site could be for a People’s Housing Project (PPR), Public Housing (PA) or 1 Malaysia People’s Housing programme (PR1MA) to help city folk own affordable housing.

Tengku Adnan said the redevelopment project would be under the supervision of the Department of the Director-General Land and Mines, Public-Private Partnership Unit, Prime Minister’s Department and relevant government agencies. — Bernama

- See more at: http://m.themalaymailonline.com/money/arti...h.k1DqleIm.dpuf

Better than leaving an empty land there!? Since residentials and commercials are both oversupplied. What does a seasoned GURU YODA MASTER like yrself suggest to build on this plot? 😜😜😜

Charity on a prime land meh? Why no a green mix dev that has a park and Ferris wheel? There is already a beautiful huge pack not too far away by YTL but no one seems to go.

Not up to us peasants to decide. I believe many here aren betting on the upcoming developments and also the TOD hub. Low entry now and not afraid that TR will be hard to rent in the future.

I mean what more can investors ask for when MKH is keeping and managing 120 units to be serve as hotels and also keeping all the retails below to serve the whole of TR and public?

Not worried at all. Still very young to see the changes here and enjoy the fruit.

Chill la. MKH is not a first time developer. Worry about what u invested in rica if you are uncertain about developer track record.

Who knows who will be overly surprise in 5 years time right? Haha

Chill boss. I'm talking about developer reputation and giving comparison.

Their capability on delivering and workmanship is above average unlike any half past six developer out there. Facade may be an issue but so far some MKH products that I have known of really bring big big returns to investors.

This post has been edited by mthc: Apr 12 2017, 07:24 AM

You only consider profits made after the bull run as legit profits while profits made before the bull run as illegitimate profits? Lol

Bro the corner unit changed layout is it?

There will be a new development right in front of TR is it? That is why the corner units all no more windows?

This post has been edited by mthc: Apr 12 2017, 12:28 PM

Bro I don't get why the corner layouts suppose to face outwards now all facing inwards zz

Mine all safe. None of them are corner units.

What I meant was those corner units which were supposed to face outwards towards the exisiting shops are now facing inwards towards all other units in TR and the pool area.

Exactly. That is why profit is profit. It doesn't matter if it comes from bull run or not.

But a lot of investors from late gen Y might be able to witness the bull run again.

P/S: might