Tuesday 22 October 2013

IJM Land’s Seri Riana Residence Phase 2 opens sales to hot response

After having previewed to pre-registered buyers last weekend, IJM Land’s Seri Riana Residence Phase 2 condominium launched officially last weekend.

According to the developer, more than half of the units for sale were already booked during the preview.

Phase 2 consists of two high-rise blocks (Blocks F and G) with a total of 284 apartments. With contemporary designs, the units offer built-up areas ranging from 1,259 sq ft to 1,830 sq ft and are priced at approximately RM600 per sq ft. Each unit is made up of either three- or 3+1 bedrooms with two to four bathrooms.

Seri Riana Residence comprises the later phases of the Riana Green East.KL development in Wangsa Maju.

Phase 2 of Seri Riana Residence comes after Phase 1 was launched in the middle of last year. According to the developer, 95% of Phase 1 has been sold, achieving sales of RM330mil.

Seri Riana Residence is a condominium developed by Elegan Pesona Sdn Bhd, which is a joint venture between IJM Properties Sdn Bhd and MSL Properties Sdn Bhd. IJM Properties is also the developer of Riana Green condo in Tropicana, Petaling Jaya.

“Every home has been designed with a great blend of luxury and a touch of nature. It offers privacy with a breathtaking view of the Kuala Lumpur skyline or Melawati Ridge,” says IJM Land chief executive officer and managing director Datuk Soam Heng Choon.
Seri Riana Residence benefits from being located next to Aeon Big (formerly known as Carrefour) Wangsa Maju and Wangsa Walk shopping mall, as well as only 15 minutes’ drive to Mont’Kiara using the Duta-Ulu Kelang Expressway (DUKE), or to Jalan Sultan Ismail using Jalan Jelatek.

Seri Riana Residence is also located not far from the Sri Rampai LRT station, which is six stops from the KLCC station. The developers have said that they will build a covered walkway and link bridge to the LRT station.

The development comes complete with  facilities designed for the whole family which includes 2.8 acres of themed landscaped parks, a sports centre, children’s play zone, green lawn, 40m lap pool, sauna and more.

Seri Riana Residence  is targeted for completion by the first quarter of 2017.

STAR, October 21, 2013

New LRT extension to connect Kelana Jaya to Klang through Shah Alam?

PETALING JAYA: The feasibility study of the third light rail transit (LRT 3) line connecting Kelana Jaya to Klang through Shah Alam is expected to be completed by the end of next month and the project is expected to cost between RM8bil and RM9bil, said a source close to the matter.

“This will translate into about RM230mil per km on average to cater to the most populated and industrialised cities in Selangor.

“Looking at the environment now, where the Government is pushing towards the development of public rail infrastructure networks, it should receive the green light soon.

“After the feasibility study by Syarikat Prasarana Negara Bhd is completed, it will then go to the relevant authority for approval.

“And this will be good news for the people in Shah Alam and Klang as well as contractors involved in the ongoing RM7bil LRT extension of the Ampang and Kelana Jaya line to bid for more jobs,” the source told StarBiz.

Some of the main stations, according to the source, would be Glenmarie, Stadium Shah Alam, i-City, UiTM, Bandar Baru Klang, South Port and Bandar Sultan Sulaiman.

“There are several route options being proposed and this LRT 3 is going to be connected to the Kelana Jaya line and the mass rapid transit line.

“The LRT 3 is going to be 30km to 34km in length with projected ridership of 22,000 passengers per hour per direction,” he said.

As of 2010, Shah Alam has a total population of 216,000 while Klang has 909,500 people.

Currently, the Greater Kuala Lumpur region is witnessing the ongoing construction of the RM23bil Sungai Buloh-Kajang MRT project undertaken by MRT Corp and its project delivery partner, a joint venture between Gamuda Bhd and MMC Corp Bhd.

The line with 31 stations serves a corridor with an estimated population of 1.2 million people.

Meanwhile, Prasarana’s LRT extensions of the Kelana Jaya and Ampang line with additional 13 stations for each line will be fully completed by June 2015.

The extension of the Kelana Jaya and Ampang line will see the construction of 17km of elevated tracks extending from Kelana Jaya station to Putra Heights and another 17.7km track from Sri Petaling station to Putra Heights.

The Kelana Jaya line extension will increase passenger capacity up to 98,000 during peak hours, while the extended Ampang line can cater to 79,800 passengers.

Upon completion, the two lines will connect at the Putra Heights station, forming a complete rail system in the Klang Valley.

STAR, October 21, 2013

RM6bil Mid Valley Southkey taking shape in JB

JOHOR BARU: Shopoholics in the Southern region will be thrilled as a new mall similar to Mid Valley Megamall in Kuala Lumpur will be set up here.

The RM6bil project named Mid Valley Southkey Megamall will be about 30% smaller than the megamall in Kuala Lumpur but will feature a similar design.

IGB Corp Bhd group managing director Robert C.M. Tan said that the project was a joint venture between IGB and Johor based Selia Pantai Sdn Bhd who had a 30% stake in the project.

“The first phase of the mall has officially started today and we expect the building to be completed by end of 2016.

“While the new mall may be slightly smaller than the original Mid Valley Megamall, it will have many enhanced features,” he said adding that a lot of improvements had been incorporated based on mistakes made in the construction of the first mall.

Tan said that Mid Valley Southkey Megamall would be built within the Southkey township area and would be built on 36 acres.

“Once completed, the mall will be largest shopping mall in Johor,” he said adding that the integrated development will include eight 30-storey tower blocks, four office blocks and one serviced apartment with 180 units.

The megamall itself will have six levels with about 12,000 parking bays for visitors.

“We target to receive an average of 2 million visitors in a month but we are still studying the local demographics to see what kind of outlets will be roped into the project.

“The mall will however include a cineplex, bowling alley and other similar leisure facilities that are available at the Mid Valley Megamall,” he said adding that three hotels including Cititel Johor Baru, Boulevard Hotel and The Gardens hotel would be included in the project as well.

“The Gardens hotel will be built in the second phase of the project as we plan to build another version of The Gardens Mall in Johor as well,” he said.

Meanwhile, Selia Pantai founder and group chief executive officer Datuk Mohamed Zaini Amran said that a lot of improvements would be done to the infrastructure leading to the mall.

“The road from Bakar Batu to Jalan Tebrau will be widened to six lanes and we will also be building direct ramps from the Eastern Dispersal Link (EDL) leading into the megamall and exiting as well.”
 
The Star, October 21, 2013