1. Implementation of Kuala Lumpur Mass Rapid Transit System and Underground Commercial Precinct
- Jointly proposed by Gamuda-MMC Corp Consortium in January 2010.
- Consist of Red..., Green and Circle/Loop Line.
- Total length of 141km, with Red and Green Line converging in KL International Financial District.
- An estimated total development cost of RM45 billion.
- Underground commercial precinct to be developed at a cost of RM2 billion.
- Status: To commence in 2011.
2. Kuala Lumpur International Financial District
- 34ha on what was formerly known as Dataran Perdana, Jalan Davis off Jalan Pudu.
- Dubbed "the world's newest financial district", the development included the redevelopment of Pasarakyat in Imbi area into a proposed transit hub.
- To be undertaken jointly by 1MDB and Abu Dhabi's Mubadala.
- An estimated GDV of RM26 billion.
- Status: To commence in 2011.
3. Redevelopment of Kampung Baru
- 152ha of land near KLCC potentially open for redevelopment.
- Permodalan Nasional Bhd (PNB) will conduct study for redevelopment plans.
- An estimated GDV of RM20 billion.
4. City of Malaysia, Redevelopment of Royal Malaysian Air Force Base
- 162ha of airport and army ground in Sungei Besi, south of KL city centre.
- Expected to be Malaysia's first carbon-neutral city with plans for a commercial hub complete with a heliport.
- Expected to be undertaken jointly by 1MDB and the Armed Forces Fund Board (LTAT).
- Potential investors include Qatar Investment Authority and Abu Dhabi's Mubadala.
- An estimated GDV of RM15 billion.
5. Naza KL Metropolis Development
- 25ha of land off Jalan Duta, within Menara Matrade and next to Sri Hartamas suburb.
- Site of the future MATRADE Centre, that will be Malaysia's largest meetings, convention and exhibition centre.
- To be undertaken by NAZA Group.
- An estimated GDV of RM15 billion.
- Status: To commence in 2011.
6. Tamansari Riverside Garden City
- 22ha regeneration of the former Pekeliling Flats, off Jalan Tun Razak and Jalan Pahang and between Putra World Trade Centre and KL General Hospital.
- Site of future 60-storey revolving skyscraper, first of its kind in Asia Pacific.
- To be undertaken by Malaysian, Thai and Australian consortium.
- An estimated GDV of RM12 billion.
7. Kuala Lumpur Sentral
- 29ha of land located between Jalan Travers and Jalan Tun Sambanthan.
- Completed Sentral Station, Malaysia's largest transit hub designed by world-renowned Dr Kisho Kurokawa.
- In 2006, KL Sentral became first MSC Malaysia Cybercentre.
- Undertaken by Malaysian Resources Corporation Bhd (MRCB).
- An estimated GDV of RM11.7 billion.
- Status: In-Progress for remaining parcels with completion in 2016.
8. Sungai Buloh RRI Development
- Privatisation of land owned by Rubber Research Institute of Malaysia (RRIM).
- 1,370ha of land in Sungai Buloh-Shah Alam corridor potentially open for development.
- Development to be led by 1MDB and the Employees Provident Fund.
- An estimated GDV of more than RM10 billion over 15 years.
9. Jalan Cochrane-Jalan Peel Developments
- Government land near Cochrane school, Cheras area.
- Expected to be undertaken jointly by MRCB, 1MDB and the Employees Provident Fund.
- An estimated GDV of RM10 billion.
- Status: To commence in 2011.
10. Kuala Lumpur Eco City
- 9.7ha of land on the former Kampung Haji Abdullah Hukum, neighbouring Mid Valley City.
- Integrated signature offices, residences and retail. The tallest building will have 54 storeys.
- To be undertaken jointly by S P Setia Group and KL City Council (DBKL).
- An estimated GDV of RM6 billion.
- Status: To commence in 2011.
11. Warisan Merdeka (Heritage of Independence)
- 7.7ha of land surrounding Stadium Merdeka (Independence Stadium) and Stadium Negara, off Jalan Maharajalela.
- Site of the proposed 100-storey "green-rated" skyscraper, that will be Malaysia's tallest building.
- Development plans may include the preservation of heritage site Stadium Merdeka.
- To be undertaken by Permodalan Nasional Bhd (PNB).
- An estimated GDV of RM5 billion.
- Status: To commence in 2011.
12. Bukit Bintang City Centre
- 8.6ha on what is today known as the 115-year old Pudu Prison.
- Redevelopment plans include offices, hotels, apartments, a transit centre and recreational centres.
- To be undertaken by UDA Holdings Bhd.
- An estimated GDV of RM5 billion.
- Status: To commence in 2011.
13. Setia City
- 96ha in Bandar Setia Alam, Shah Alam.
- A freehold development aimed to be the first green integrated commercial development comprising Setia City Mall, hotels, apartments, corporate offices and a convention centre.
- To be undertaken by S P Setia Group.
- An estimated GDV of RM5 billion.
- Status: In-Progress
14. Platinum Park KLCC
- 3.7ha on Jalan Binjai, adjacent to Kuala Lumpur City Centre (KLCC).
- Iconic landmarks are Felda Tower, NAZA Tower, Platinum Park Residences, Platinum Park Suites and a private landscaped park.
- Undertaken by NAZA Group.
- An estimated GDV of RM4.1 billion.
- Status: In-Progress
15. Bangsar South City
- 24ha of land located off Federal Highway, in Kerinchi/Pantai Dalam suburb.
- In 2010, Bangsar South became a MSC Malaysia Cybercentre.
- Undertaken by UOA Group.
- An estimated GDV of RM4 billion.
- Status: In-Progress
16. Damansara Avenue
- 19ha of land located off LDP Highway, adjacent to the neighbourhood of Bandar Sri Damansara, Sunway SPK Damansara and Desa ParkCity.
- Development is exected to take up to 10 years with up to 18 low-, mid- and high-rise blocks.
- Undertaken by TA Global Bhd.
- An estimated GDV of RM3.8 billion.
- Status: In-Progress
17. MPHB's Golden Triangle Development
- To complement the development of Kuala Lumpur International Financial District in Dataran Perdana.
- An iconic mixed development including a large shopping mall, 50-storey luxury condominiums, hotels and offices at the junction of Jalan Sultan Ismail and Jalan Imbi.
- To be undertaken by Multi-Purpose Group.
- An estimated GDV of RM3 billion.
- Status: To commence in 2011.
18. PJ Sentral Garden City
- 4.8ha of government land in Section 52, commonly known as "State" of Petaling Jaya.
- To be undertaken jointly by Gapurna Group and Selangor Development Corporation (PKNS).
- An estimated GDV of RM3 billion.
- Status: To commence in 2011.
19. Kuala Lumpur Media City
- Redevelopment of government land surrounding Angkasapuri (headquarters of Radio Television Malaysia), Kerinchi/Pantai Dalam suburb.
- An estimated GDV of RM2 billion.
20. One Jalil (Jalil Green City)
- 24ha land in Bandar Bukit Jalil township to be developed into a town centre.
- To be undertaken by Ho Hup Construction Group.
- An estimated GDV of RM2 billion.
21. Sunway VeloCity
- 10.1ha land adjacent to Jalan Peel and Jalan Cheras.
- Undertaken by Sunway City Bhd.
- An estimated GDV of RM1.5 billion.
- Status: In-Progress
22. Datum Jelatek
- 2.4ha on the former Flat Columbia site next to Jelatek LRT station, Jalan Jelatek in Taman Keramat suburb.
- Redevelopment plans include four 45-storey towers and a shopping mall.
- Undertaken by Selangor Development Corporation (PKNS).
- An estimated GDV of RM1.2 billion.
23. Bukit Jelutong Commercial Centre
- 72.8ha of land earmarked for a world-class sustainable development in Bukit Jelutong, Shah Alam.
- To be undertaken jointly by Sime Darby and Sunrise Bhd.
- An estimated GDV of RM1 billion.
- Status: To commence in 2011.
Oh yes, starting 4th November 2010, Bank Negara has announced all Residential property loans for the 3rd property onwards margin of finance of 70% effective immediately. This ruling will affect more for the medium and lower end property investors and less for the higher end residential property investors because the high end investors has more money. Good news to 1st time genuine home-buyer...time to pickup! Tips to invest!
Check out the latest link..
http://www.btimes.com.my/Current_News/BTIMES/articles/morts/Article/index_html
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