Feb 13 2024, 09:54 AM, updated 8 months ago
TAMAN GAYA SALES GALLERY
2, Jalan Tegap 1
Taman Gaya,
81800 Ulu Tiram,
Johor
Precinct Evora also boasts excellent connectivity and accessibility through an array of roads and highways, with easy entry via the ***** Taman Gaya Interchange*****
From the ****** Johor Bahru-Kota Tinggi highway ******
| No. | Development Name | Developer/Company | Area/Location | Acres |
| 1 | Taman Pelangi Indah 开屏山庄 | SP Setia Bhd.,8664 | 1035 | |
| 2 | Taman Gaya 高雅花園 | Daiman Development Bhd,5355 (delisted on 2019) / Atlantic Dynamics Sdn. Bhd. | ||
| 3 | Taman Puteri Wangsa 优景镇 | Insun Development Sdn. Bhd. | Taman Puteri Wangsa | |
| 4 | Taman Desa Cemerlang 烈光镇 | Crescendo Corporation Bhd.,6718 | ||
| 5 | Taman Bestari Indah | KSL Holdings Bhd. ,5038 | near Taman Puteri Wangsa, Ulu Tiram | 700 |
| 6 | Impian Hills (Taman Kota Impian) | Plenitude Bhd. ,5075 |
5 public listed company !!!!!!!!
1 non listed company ( just delisted on 9.00 a.m., Thursday, 28 March 2019 )
2023 news
We have another undeveloped parcel in Taman Pelangi Indah 2[ 81800 Ulu Tiram,
Johor Bahru ]
[of more than 900 acres].
We also have a 300-acre tract in Tanjung Kupang that has been earmarked for industrial development in the long term.
Are Taman Pelangi Indah neighbours......
Many listed companies like ULU TIRAM land????
In November 1993, Daiman acquired the entire equity of Atlantic Dynamics Sdn. Bhd. which owns a
447-acres piece of freehold agricultural land located diagonally opposite Taman Johor Jaya.
The said property has since been turned into a vibrant residential community known as Taman Gaya.
2) Taman Pelangi Indah (S P Setia)
Envisioned and developed in 1997,
this 1,035 acre township
is one of the most sought after address in Tebrau.
3) Taman Puteri Wangsa 优景镇,( Insun Development Sdn Bhd )
4) Taman Desa Cemerlang 列光鎮 (Crescendo Corp Bhd)
CRESNDO (6718)
5) KSL@Puteri Park, Taman Puteri Wangsa (ULU TIRAM)
S P Setia in no rush to develop I&P land
Choose from two distinct types:
Type A: Land Size: 24' x 85'
Built-Up Size: 2,121 sqft
Type B: Land Size: 24' x 80'
Built-Up Size: 2,121 sqft
Location
Camwood 2 is situated in a resort-like township near Johor Bahru's premier business and leisure centers. Close to amenities such as Tesco, Aeon, Mydin, and educational hubs, it offers the perfect blend of convenience and tranquility. Accessible via the Senai Desaru Expressway, it's just a short drive to Johor Bahru town and Singapore.
Schools
SK Taman Pelangi Indah
SMK Taman Pelangi Indah
Crescendo International College
Shopping Malls
IKEA Tebrau City
Tesco Extra Hypermarket
Giant Hypermarket
ÆON Tebrau City Shopping Center
Mydin Hypermarket
Healthcare
Sultan Ismail Hospital
Johor Bahru Physiotherapy
Damai Polyclinic & Surgery
Parks
Austin Heights Water & Adventure Park
Tebrau Sports & Recreation Centre
Public Transport
Conveniently located near Senai International Airport.
Additional Features & Amenities
Amenities
Car Park
Community Garden
Perimeter Fencing
Playground
S P SETIA BERHAD
Corner lot.
2 door.
1 infront
1 behind
McDonald’s Pelangi Indah DT
Beside Petronas petrol station
17 Nov 2017
Mydin Taman Pelangi Indah
3.8 km(6 minutes) to Aeon Tebrau from sales gallery
Taman Gaya(Daiman group) ,
Taman desa tebrau ,(Plenitude bhd)
taman Puteri Wangsa 优景镇,( Insun Development Sdn Bhd )
,Taman Desa Cemerlang列光鎮 (Crescendo corp bhd),
KSL@Puteri Park, Taman Puteri Wangsa(ULU TIRAM)
Are Taman Pelangi Indah neighbours......
Many listed companies like ULU TIRAM land????
Perling Mall also belongs to kuok company last time.
Pelangi Leisure Mall also
QUOTE
Tuesday, August 16, 2005
Robert Kuok Exits Pelangi
PERMODALAN Nasional Bhd (PNB) expects to complete its acquisition of Pelangi Bhd, a property developer, by next week. PNB president and chief executive officer Tan Sri Hamad Kama Piah said the company had sought a three-week extension for the mandatory general offer (MGO) from July 18.
"We have been given an extension until August 26 for the minority shareholders to accept the offer. We have to wait until then before we can conclude the MGO," he said.
"This was the third extension as some (minority shareholders) wanted time for them to decide (whether to accept the offer)," Hamad Kama Piah told newsmen.
Meanwhile, Bursa Malaysia Bhd said in a statement that it has delisted Pelangi, effective yesterday. Hamad Kama Piah explained that as PNB had acquired more than 90 per cent of Pelangi, Bursa Malaysia had to delist the company according to the listing requirements. Hamad Kama Piah also said an exco has been set up to chart Pelangi's future direction and programmes. "We have decided to let the Pelangi board members determine the direction they want to take and we will monitor their progress. We have appointed exco members to chart and oversee suitable programmes.“ Acquisitions of stakes in companies are very much in PNB's plans, he said, adding that PNB will buy and sell when the opportunity arises. "As a fund manager, we are strategically positioning ourselves in certain areas.“ On the current market sentiment, he said the trend is improving and he believed that the fundamentals are there.

On May 26, 2005, Business Times reported that PNB had made a mandatory takeover offer for the 50.74% stake it does not already own in property developwe Pelangi Bhd for RM 283.74 million. PNB offered to pay in cash for Pelangi’s 369.49 million shares at 77 sen per share. In its financial year ended March 31, 2005, Pelangi reported a net profit of RM32.17 million on the back of RM168 million in revenue.
COMMENTS:
Is PNB Buying into a sunset institution? Pelangi, is a household brand name in housing development, particularly in Johor Bahru, and is reknown for it's quality houses and strategic positionings, and locations. It is generally believed that Pelangi's houses has a 10% premium over market prices.
In fact Pelangi were the one of the pioneer property developer that offers largescale residential housing estates that are 8m wide ********(24ft width). ****** Those houses, you can see them parking up to four cars within their fenced compound. Most Malaysian residential houses are 22ft or 20ft wide.
In Kuala Lumpur and Selangor, you can even see houses of 18ft width. In fact, those buyers will feel claustrophobic.
With the exit of Robert Kuok, Pelangi announced the resignation of Frank Goon Swee Keong as the company’s MD and Datuk Musa Ayub Saad, Datuk Md Zahari Md Zin and Huang Yan Teo as directors.
The success story of Pelangi is synonym with Frank Goon. It was Frank's dream and vision that had brought Pelangi to what it is today, although the credit goes to Robert Kuok.
Frank is a brunt and straight man, who is unassuming; he does not accept second best. He is the driver of the system and adopts a power culture. Frank is known to be one who will give stupendous reward to his people who are high performers.
Over the last few years, the property business in Johor Bahru is getting more competitive and less lucrative. Literally, Pelangi had ride on the good market time, a time where competition is not as stiff as of today.
Johor Bahru is seeing a mushrooming of housing estates and the infiltration of myraid of "immigrant developers" coming from Kuala Lumpur and Singapore. Profit margins are coming down drastically, tho' still profitable. That seemed to be the objective reason for the readiness of Kuok to exit at a "ripe" time.
PNB will be acquiring an asset in the sunset period. It will pose a great challenge to the acquirer to emulate the previous success story of Frank Goon and his acolyte. Good luck to PNB; and it surely will be better luck to Frank Goon and Kuok Group.
Robert Kuok Exits Pelangi
PERMODALAN Nasional Bhd (PNB) expects to complete its acquisition of Pelangi Bhd, a property developer, by next week. PNB president and chief executive officer Tan Sri Hamad Kama Piah said the company had sought a three-week extension for the mandatory general offer (MGO) from July 18.
"We have been given an extension until August 26 for the minority shareholders to accept the offer. We have to wait until then before we can conclude the MGO," he said.
"This was the third extension as some (minority shareholders) wanted time for them to decide (whether to accept the offer)," Hamad Kama Piah told newsmen.
Meanwhile, Bursa Malaysia Bhd said in a statement that it has delisted Pelangi, effective yesterday. Hamad Kama Piah explained that as PNB had acquired more than 90 per cent of Pelangi, Bursa Malaysia had to delist the company according to the listing requirements. Hamad Kama Piah also said an exco has been set up to chart Pelangi's future direction and programmes. "We have decided to let the Pelangi board members determine the direction they want to take and we will monitor their progress. We have appointed exco members to chart and oversee suitable programmes.“ Acquisitions of stakes in companies are very much in PNB's plans, he said, adding that PNB will buy and sell when the opportunity arises. "As a fund manager, we are strategically positioning ourselves in certain areas.“ On the current market sentiment, he said the trend is improving and he believed that the fundamentals are there.

On May 26, 2005, Business Times reported that PNB had made a mandatory takeover offer for the 50.74% stake it does not already own in property developwe Pelangi Bhd for RM 283.74 million. PNB offered to pay in cash for Pelangi’s 369.49 million shares at 77 sen per share. In its financial year ended March 31, 2005, Pelangi reported a net profit of RM32.17 million on the back of RM168 million in revenue.
COMMENTS:
Is PNB Buying into a sunset institution? Pelangi, is a household brand name in housing development, particularly in Johor Bahru, and is reknown for it's quality houses and strategic positionings, and locations. It is generally believed that Pelangi's houses has a 10% premium over market prices.
In fact Pelangi were the one of the pioneer property developer that offers largescale residential housing estates that are 8m wide ********(24ft width). ****** Those houses, you can see them parking up to four cars within their fenced compound. Most Malaysian residential houses are 22ft or 20ft wide.
In Kuala Lumpur and Selangor, you can even see houses of 18ft width. In fact, those buyers will feel claustrophobic.
With the exit of Robert Kuok, Pelangi announced the resignation of Frank Goon Swee Keong as the company’s MD and Datuk Musa Ayub Saad, Datuk Md Zahari Md Zin and Huang Yan Teo as directors.
The success story of Pelangi is synonym with Frank Goon. It was Frank's dream and vision that had brought Pelangi to what it is today, although the credit goes to Robert Kuok.
Frank is a brunt and straight man, who is unassuming; he does not accept second best. He is the driver of the system and adopts a power culture. Frank is known to be one who will give stupendous reward to his people who are high performers.
Over the last few years, the property business in Johor Bahru is getting more competitive and less lucrative. Literally, Pelangi had ride on the good market time, a time where competition is not as stiff as of today.
Johor Bahru is seeing a mushrooming of housing estates and the infiltration of myraid of "immigrant developers" coming from Kuala Lumpur and Singapore. Profit margins are coming down drastically, tho' still profitable. That seemed to be the objective reason for the readiness of Kuok to exit at a "ripe" time.
PNB will be acquiring an asset in the sunset period. It will pose a great challenge to the acquirer to emulate the previous success story of Frank Goon and his acolyte. Good luck to PNB; and it surely will be better luck to Frank Goon and Kuok Group.
| Company Name | I&P Group Sdn. Berhad |
| Number of Company Mergers | 3 |
| Merged Companies | Island & Peninsular Sdn. Bhd. |
| Pelangi Sdn. Bhd. | |
| Petaling Garden Sdn. Bhd. | |
| Completed Developments | 8,448 acres |
| Active & Future Developments | 3,552 acres |
https://www.land.plus/developers/97/i-p-group/projects
TAMAN RINTING,MASAI
TAMAN PELANGI INDAH,ULU TIRAM
| Company Name | Company Registration No. | Nature of Business | Date of Registration | State |
| I & P GROUP SDN. BERHAD | 0688571X / 200501011523 | INVESTMENT HOLDING AND PROVISION OF MANAGEMENT SERVICES | 2005-04-15 | SELANGOR |
Taman Pelangi Indah
Building a community within a serene, resort-like built environment was the concept behind the creation of Taman Pelangi Indah.
Developed in 1997, the township occupies an area of approximately 939 acres. Located on high altitude, residents enjoy the close proximity to Johor Bahru’s new premier business and leisure cities ie. Pandan, Tebrau, Ulu Tiram and Plentong, thanks to the well developed access and highways.
A popular choice within the Johor Bahru - Kota Tinggi corridor, offers limitless opportunities in terms of job availability, education, medical services, shopping and recreations.
Numerous bus and taxi services run their operations along the corridor, making public transportation a popular alternative.
Malaysia’s ‘giants’ in retail industry such as Lotus's and Mydin hypermarkets can be found nearby Taman Pelangi Indah, while SONG MART and Pandan wet markets are traditionally a popular choice for locals.
Lotus's Plentong
Lot 34, Jalan Masai, Batu 10, Masai, 81750 Johor Bahru
AEON Tebrau City which hosted JUSCO department store is a must for those seeking retail and entertainment therapy as it also offers a 10-hall Cineplex and a popular karaoke joint.
Close by, Regency Specialist Hospital and Hospital Sultan Ismail offer the best in service and value when it comes to medical care. Education is another hub-in-the making with schools and colleges efficiently linked within the area.
Sunway College which started its operation in year 2006, is a top choice for students who wish to further their education closer to home.
Two recreational lakes totaling more than 40 acres act as the green oasis and meeting points for many residents; it’s a place where children run freely and community lifestyle are showcased at its best.
KUALA LUMPUR: S P Setia Bhd, which will get a 78% land bank boost from its acquisition of I&P Group Sdn Bhd from Permodalan Nasional Bhd (PNB), is in no rush to start developing the new sites.
S P Setia president and chief executive officer Datuk Khor Chap Jen said it will not be developing the land aggressively in the first half of 2018, but instead will meticulously plan its developments in order to add value.
The country’s biggest listed developer by sales is set to increase its land bank in the Klang Valley and Johor from 5,452 acres (2,206.34ha) to 9,728 acres,
following the completion of its acquisition of I&P by year end — which will propel it to become the country’s third largest property developer by land bank
after Sime Darby Property Bhd
and
UEM Sunrise Bhd.
“The first thing that we will do is to review all the plans that they (I&P) have, and we definitely want to add value ... we think we can add more value to their land. For example, some of their land is located in matured areas such as [Bandar] Kinrara [in Puchong, Selangor], we want to sweat the land more,” Khor told a news conference after the group’s extraordinary general meeting (EGM) yesterday.
“This would be our area of focus for the next few months and once we get the plans in place, we will push ahead with the execution. So, the first half of 2018 would be [about] planning and the second half through 2019 would see us rolling out a lot of projects,” he added.
S P Setia on June 22 entered into a conditional share purchase agreement to acquire I&P from PNB for RM3.65 billion. In conjunction with the acquisitions, the group proposed a fundraising exercise to raise up to RM3.6 billion.
Earlier at the EGM, S P Setia shareholders gave the nod for the acquisition and fundraising exercise.
As for manpower allocation after the acquisition, Khor said a reorganisation structure in terms of job allocation had already been put in place for 2018.
“From the beginning of next year, certain units will be spearheaded by the I&P team and certain units by the S P Setia team, with staff of I&P coming in for I&P projects and certain I&P staff will be incorporated into the main Setia team.
All these have been discussed, thought through and ready for implementation,” he added.
S P Setia shareholders also gave the nod for the group’s acquisition of a 342.5-acre piece of land in Bangi, Selangor from Seriemas Development Sdn Bhd, an indirect subsidiary of PNB, for RM447.58 million. For clarity, the Bangi land is already included in the group’s 9,728 acres of land bank.
The proposed development in Bangi is expected to generate an estimated gross development value of RM2.74 billion.
Meanwhile, Khor said it is too early to discuss the group’s sales target for 2018.
“It is too early to say as we are focusing on achieving this year’s sales target of RM4 billion, but we will not do less than this year,” he said. For the first nine months of this year, S P Setia has secured RM2.82 billion in sales.
Currently, S P Setia has a total unbilled sales of RM7.05 billion, anchored by 31 ongoing projects.
On the outlook for the property market, Khor believes it will pick up in 2018.
“Whether it’s a very slow or strong pickup that depends on whether there are catalysts to drive the market.
“A lot of people are saying that [property purchases] have been held back due to the [imminent] elections and after elections there could be a strong pickup. I think these are the catalysts or factors affecting the market,” he said.
“At the moment, [the market] is quite flat, but every time we launch any landed properties with mid-range [pricing] the demand is there,” added Khor.
S P Setia shares closed 13 sen or 3.81% higher at RM3.54 yesterday, giving it a market capitalisation of RM10.28 billion.
This post has been edited by plouffle0789: May 10 2025, 07:06 AM
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