BUILDERS OF VISIONS (II)

Transcription

1 VOL. #14 BUILDERS OF VISIONS (II) *DISCLAIMER. This article is prepared based on material compiled from data considered to be reliable at the time of writing, but Raine & Horne does not make any representation or warranty, express or implied, as to its accuracy, completeness or correctness. This article has been prepared for information purposes only. No part of this report may be shared, reproduced, distributed, transmitted, displayed or published in any manner without the written consent of Raine & Horne. Raine & Horne does not accept any liability, be it directly, indirectly or consequential losses or damages that may arise from any reliance based on this article.

2 About us. Incorporated in 1982, Raine & Horne International Zaki + Partners Sdn. Bhd. is a firm of Chartered Surveyors and Registered Valuers. Our practice covers a wide range of services including property valuation, investment and project management, property management, real estate agency and property consultancy. The firm currently operates twelve (12) offices in Malaysia: Kuala Lumpur, Petaling Jaya, Subang Jaya, Kelang, Johor Bahru, Melaka, Ipoh, Seremban, Kuantan, Penang, Kota Kinabalu and Kuching. Since its inception and establishment, Raine & Horne International Zaki + Partners Sdn. Bhd. has enjoyed an outstanding and enviable reputation and success. The firm has received wide recognition from all quarters, nationally and internationally. Founded in 1883, Raine & Horne is one of the world s largest real estate organisations with offices and affiliates all over the world, including in the major cities of South East Asia, Europe, Canada, USA, Fiji, Australia, New Zealand, Japan and Africa. Raine & Horne International Zaki + Partners Sdn. Bhd. aims to provide our clients with quality professional service. Raine & Horne International Zaki + Partners Sdn. Bhd. is committed to the Quality Management System required by ISO 9001:2008 Standards. Our team comprises of highly qualified partners in various expertise which authorize us to offer broad ranges of services in: Professional Valuation Services Corporate Advisory Services Project Management Property Management & Maintenance Real Estate Agency Auctioning Market Research & Feasibility Studies Property Investment Consultancy Building Auditing Bio Asset Valuation Forensic Valuation 2

3 Contents Builder of Visions...4 Current & On-going Projects...6 Klang Valley...10 Johor...14 Penang...18 Perak & Sabah...19 Negeri Sembilan & Sarawak...20 Melaka...21 References...22 Contact us.23 International Affiliations.24 3

4 Builders of Visions Sample Selection Basis The sample size of this analysis include 10 of the largest listed companies in Bursa Malaysia based on:- i. Market capitalization ii. Main market iii. Property sector However, it must be noted that not all companies in the sample list are engaged fully in property development. Some of them might be well-diversified into other industries and might include subsidiaries such as plantation, construction, and healthcare under the group s listing. Nonetheless, the activity of property development remains the major revenue contributor to such groups. Criteria Segregation Basis This article concentrates on the current and on-going projects of these builders which contrast with the previous article that focused on financial analysis. The intuition is to provide an overview of the hotspots for current and future property developments. The projects were sorted into various regions, and subsequently into individual states and respective developers. The following map and table summarize such pertaining information. Current & On-going Projects i. By Region It was observed that majority of the projects was concentrated in Peninsular Malaysia (96%) whereas Sabah and Sarawak only accounted for 4% of the total undertakings. While within the Peninsular, the central region (KL, Selangor, Putrajaya) made up 56% of the total projects in West Malaysia. This was followed by the southern region (Negeri Sembilan, Melaka, Johor) at 27%. The northern region was last (Perak and Penang) at 17%. 4

5 Builders of Visions ii. By State While the ranking of states by total number of projects are as follow:- 1. Klang Valley (KL, Selangor, Putrajaya) 85 projects (54%) 2. Johor 36 projects (23%) 3. Penang 21 projects (13%) 4. Perak 4 projects (3%) 5. Sabah 4 projects (3%) 6. Negeri Semiblan 3 projects (2%) 7. Sarawak 2 projects (1%) 8. Melaka 1 project (<1%) It is therefore obvious that Klang Valley, Johor, and Penang are still the favourite hotspots for these Builders of Visions. iii. By Developer The ensuing ranking of developers by total number of projects are as follow:- 1. IJM Land 30 projects (19%): Almost equal weightage in central, southern and northern regions; has the most projects in East Malaysia amongst the Builders of Visions. 2. SP Setia 25 projects (16%): Concentration in the central region, followed by southern, northern, and East Malaysia. 3. Mah Sing 21 projects (13%): Emphasis on the central region, followed by southern, northern, and East Malaysia. 4. Sunway 18 projects (11%): Focused on the central region, followed by northern, and southern. 5. UEM Sunrise 16 projects (10%): Concentration in the southern region, followed by central. 6. IOI Properties 12 projects (8%): Emphasis on the central region, followed by southern, and northern. 7. IGB Corp. 11 projects (7%): Focused on the central region, followed by southern. 8. E&O 11 projects (7%): Focused on the central region, followed by northern, and southern. 9. MRCB 7 projects (4%): Almost parallel concentrations in both the central and northern regions. 10. UOA 5 projects (3%): Sole emphasis on the central region. 5

6 Number of Current & On-going Projects by Builders of Visions (sorted by State). Current & On-going Projects 6

7 Number of Current & On-going Projects by Builders of Visions (sorted by Developer & Region). Current & On-going Projects 7

8 Current & On-going Projects Number of Current & On-going Projects by Builders of Visions (breakdown by Developer & State). KLANG VALLEY KL SELANGOR PUTRAJAYA TOTAL SP SETIA IOI PROPERTIES UEM SUNRISE SUNWAY IJM LAND IGB CORP MAH SING UOA E&O MRCB TOTAL JOHOR JB KULAIJAYA SEGAMAT KOTA TINGGI TOTAL SP SETIA IOI PROPERTIES UEM SUNRISE SUNWAY IJM LAND IGB CORP MAH SING E&O TOTAL

9 Current & On-going Projects PENANG ISLAND MAINLAND TOTAL SP SETIA IOI PROPERTIES SUNWAY IJM LAND MAH SING E&O MRCB TOTAL PERAK SUNWAY 3 MRCB 1 TOTAL 4 SABAH KK SANDAKAN TOTAL SP SETIA IJM LAND MAH SING TOTAL N. SEMBILAN SARAWAK KUCHING MELAKA IOI PROPERTIES 1 IJM LAND 2 TOTAL 3 IJM LAND 2 TOTAL 2 IJM LAND 1 TOTAL 1 9

10 Location of Current & On-going Projects by Builders of Visions in Klang Valley. Klang Valley 10

11 Klang Valley Current & On-going Projects in Klang Valley by Builders of Visions. SP Setia KL 1. Setia Sky Residences Kg Baru 2. Kenny Hills Grande Bkt Tunku 3. KL Eco City Mid Valley City Selayang (Selangor) 4. Setia Eco Templer Templer Park Shah Alam (Selangor) 5. Setia Alam U13 6. Setia Eco Park U13 IOI Properties Klang (Selangor) 1. Bdr Putera Klang 2. Bdr Puteri Klang Bangi (Selangor) 3. Bdr Puteri Bangi Puchong (Selangor) 4. Bdr Puchong Jaya 5. Bdr Puteri Puchong Sierra Puchong South Klang (Selangor) 7. SetiaNgle Bdr Bkt Tinggi 2 Puchong (Selangor) 8. Setia Walk Pusat Bdr Puchong Sepang (Selangor) 7. Bdr Puteri Warisan Salak Tinggi Putrajaya 8. IOI Resort City Precinct 13 Semenyih (Selangor) 9. Setia Eco Hill Semenyih Cyberjaya (Selangor) A. Setia Eco Glades Putrajaya B. Dwiputra Residences Precinct 15 UEM Sunrise KL 1. Summer Suites Jln Sultan Ismail 2. Residensi Sefina Mont Kiara 3. Arcoris Mont Kiara 4. Residensi 22 Mont Kiara Cyberjaya (Selangor) 5. Symphony Hills Cyber 9 Bangi (Selangor) 6. Serene Heights Sunway KL 1. Sunway Velocity Tmn Maluri (Cheras) 2. Sunway Vivaldi Sri Hartamas 3. Sunway Palazzio Sri Hartamas 4. Sunway Rydgeway Tmn Melawati 5. Sunway Montana Desa Melawati PJ/SJ (Selangor) 6. Sunway Resort City PJS 11 (Bdr Sunway) 7. Sunway Lacosta PJS 9 (Bdr Sunway) 8. Sunway Geo PJS 9 (Bdr Sunway) 9. Sunway Rymba Hills PJU 3 (Sunway Damansara) A. Sunway Nexis PJU 5 (Kota Damansara) Seri Kembangan (Selangor) B. Sunway Eastwood Tmn Equine 11

12 Klang Valley Current & On-going Projects in Klang Valley by Builders of Visions. IJM Land KL 1. Ampersand Jln Kia Peng 2. Riana 3 jln Raja Laut (Chow Kit) 3. Pantai Sentral Park Bkt Kerinchi 4. Seri Riana Wangsa Maju 5. Bkt Manda rina Alam Damai (Cheras) 6. Shng Villas Bkt Pandan (Cheras) Ampang (Selangor) 7. Debunga Residensi Ukay Perdana Puchong (Selangor) 8. Granview Saujana Puchong (Puchong South) Kuala Langat (Selangor) 9. Bdr Rimbayu Telok Panglima Garang Puncak Alam (Selangor) A. Shah Alam 2 Bdr Puncak Alam IGB Corp. KL 1. Stonor 3 Lorong Stonor 2. Damai 15 Jln Damai 3. Damai Residence Lorong Damai 4. Three28 Tun Razak Jln Tun Razak (Hampshire Park) 5. Hampshire Place Jlan Tun Razak (Hampshire Park) 6. G Village Desa Pandan 7. G Residence Desa Pandan 8. Seri Ampang Hilir Jln Ampang Hilir (Tmn U Thant) Sg Buloh (Selangor) 9. Park Manor Sierramas A. Sierramas Heights- Sierramas Mah Sing KL 1. M City Jln Ampang (Kg Berembang) 2. Icon Residence Mont Kiara Bt Caves (Selangor) 3. Lakeview Residence Tmn Wahyu Sg Buloh (Selangor) 4. D sara Sentral Kg Baru Sg Buloh Rawang (Selangor) 5. M Residence 6. M Residence 2 PJ (Selangor) 7. Icon City SS8 (Sg Way) Puchong (Selangor) 8. Kinrara Residence Bdr Kinrara 9. Festival Lakecity Tmn Perindustrian Puchong Bangi (Selangor) A. Southville City@KL South Cyberjaya (Selangor) B. Garden Residence Putrajaya C. Clover@Garden Residence Precinct 11 MRCB KL 1. Semarak City Kg Semarak 2. The Sentral Residence KL Sentral 3. The Grid Jalan Stonor 4. 9Seputeh Jln Klang Lama (Seputeh) 12

13 Klang Valley Current & On-going Projects in Klang Valley by Builders of Visions. UOA KL 1. Southbank Residence Jln Klang Lama (Kg Dato Tatah 2. Desa Green Serviced Apartments Jln Desa Bakti (Tmn Desa) 3. South View Serviced Apartments Kg Kerinchi (Bangsar South) 4. Kiara Hills Bkt Segambut 5. Sentul Village Kg Seri Batu (Sentul) E&O KL 1. The Mews Jln Yap Kwan Seng (Hampshire Park) 2. St Mary Residences Jln Tengah 3. E&O Residences Jln Tengah 4. Dua Residency Condominiums Jln Tun Razak 5. Sri Se-ekar Apartments Tmn U Thant 6. Idamansara Damansara Heights 7. Seventy Damansara Damansara Heights Shah Alam (Selangor) 8. Elmina West Tmn Bkt Subang (U16) Klang Valley It was noted that Mah Sing has the most projects in Klang Valley which are widely dispersed from the north towards, the central and south of this region. This was followed by SP Setia which has a variety of projects in the central, western, and southern districts. Sunway s projects were more concentrated within the central and southern regions. Overall, the majority of projects in Klang Valley converged at the central district (KL Golden Triangle) and its immediate vicinity. However, it was noticed that there are a great number of projects emerging in the southern corridor from PJ and SJ, towards, Puchong, Cyberjaya, Putrajaya, Bangi, and Semenyih. While the western districts such as Klang and Shah Alam are also somewhat prevalent. There are a total of 44 projects in the Federal Territory of KL, 38 in Selangor, and 3 in Putrajaya; hence making the final count of projects in Klang Valley to be

14 Location of Current & On-going Projects by Builders of Visions in Johor. Johor 14

15 Johor Location of Current & On-going Projects by Builders of Visions in JB District. SP Setia Gelang Patah (JB) 1. Setia Eco Gardens 2. Setia Business Park Bkt Indah (JB) 3. Bkt Indah Tmn Setia Indah (JB) 4. Setia Eco Cascadia 5. Setia indah Setia Tropika (JB) 6. Setia Tropika UEM Sunrise Nusajaya 1. Nusa Idaman 2. Nusa Bayu Tmn Nusa Bayu 3. Puteri Harbour Kota Iskandar 4. Medini Iskandar Medini 5. East Ledang 6. Horizon Hills 7. EduCity Gelang Patah (JB) 8. Gerbang Nusajaya 9. Rumah Iskandar Malaysia 10. SiLC Tmn Seri Austin (Skudai) 7. Setia Business Park II Bdr JB (JB) 8. Setia Sky 88 15

16 Johor Current & On-going Projects in JB District by Builders of Visions. Sunway Nusajaya 1. Lakeview Medini IGB Corp. Southkey (JB) 1. Mid Valley Southkey Tmn Molek (JB) 2. Sunway Lenang Heights IJM Land Tmn Desa Tebrau (JB) 1. Austin Duta Aeon Tebrau City Nasa City (JB) 2. Nasa City Tmn Nusa Bestari (JB) 3. Nusa Duta Tmn Dato Onn (JB) 4. Suriamas Suites Larkin 5. Epic Kg. Muafakat Masai 6. D Ambience Bdr Baru Permas Jaya Mah Sing Tmn Austin Perdana (JB) 1. Austin Perdana Nusajaya 2. The Meridin@Medini Masai 3. Sierra Perdana Tmn Sierra Perdana Gelang Patah 4. i-parc@tanjung Pelepas - Pekajang E&O Nusajaya 1. Avira - Medini Johor Most of the projects in Johor was confined within the district of JB (32 out of 36), while Kota Tinggi only account for 2, Kulaijaya and Segamat each has 1 respectively. While in JB, a great of number of the developments was located near the second-link bridge to Singapore; within the area of Nusajaya and Gelang Patah (western JB). It was noted as well that there is a considerable amount of projects located within the central region of JB. Some of the big players in Johor include UEM Sunrise (10 projects), SP Setia (8), and IJM Land (7). 16

17 Location of Current & On-going Projects by Builders of Visions in Districts of (ii) Kulaijaya (iii) Segamat (iv) Kota Tinggi. IOI Properties Kulai 1. Bdr Putra Kulai IOI Properties Segamat 2. Bdr Putra Segamat Mah Sing Pasir Gudang 1. Bdr Meridin East Bdr Bistari Perdana IJM Land Sebana Cove 1. Sebana Cove Johor 17

18 Location of Current & On-going Projects by Builders of Visions in Penang. Penang 18

19 Perak & Sabah Location of Current & On-going Projects by Builders of Visions in Perak. MRCB Bdr Sri Iskandar (Bota) 1. Puncak Iskandar Sunway Sunway City Ipoh (Tambun) 1. Lakeside Mansions 2. Montbleu Residences 3. Serene Villas Location of Current & On-going Projects by Builders of Visions in Sabah. Mah Sing Kota Kinabalu 1. Sutera Avenue Kg Sembulan 2. KK Convention City Jln Tun Fuad Stephen IJM Land Sandakan 1. Bdr Utama Bdr Tyng SP Setia Kota Kinabalu 1. Aeropod 19

20 Negeri Sembilan & Sarawak Location of Current & On-going Projects by Builders of Visions in NS. IOI Properties Bahau 1. Bdr IOI Bahau IJM Land Seremban 1. Seremban 2 2. Seri Binjai - Rahang Location of Current & On-going Projects by Builders of Visions in Sarawak. IJM Land Kuching 1. Riverine Diamond Jln Petanak 2. Yen Yen Park Tmn Yen Yen 20

21 Melaka Location of Current & On-going Projects by Builders of Visions in Melaka. IJM Land Bandaraya Melaka (Melaka Tengah) 1. 1 Lagenda Tmn 1 Lagenda Penang Most of the projects in Penang was located on the island (17 out of 21 projects), while the mainland only account for 4 of them. Developments on the island were mainly focused in several areas at the eastern corridor. They include Bayan Lepas, Batu Maung, Gelugor, and Batu Feringghi. Whereas on the mainland, Bukit Mertajam is the current favourite. Main players include IJM Land and SP Setia. Perak & Sabah Tambun and Bota are two core areas under development in Perak. While KK and Sandakan are the focal points in Sabah. Negeri Sembilan & Sarawak Projects are centered in Seremban and Bahau in Negeri Sembilan. Whereas Kuching is the crucial zone in Sarawak. Melaka Bandaraya Melaka within the district of Melaka Tengah is the pivotal region for development in Melaka. 21

22 References Eastern & Oriental Berhad. (2015) Properties, [Online], Available: [8 May 2015]. IGB Corporation Berhad. (2013) Residential & Commercial, [Online], Available: [8 May 2015]. IJM Land Berhad. (2015) Our Projects, [Online], Available: [8 May 2015]. IOI Properties Group Berhad. (2015) Properties, [Online], Available: [8 May 2015]. Mah Sing Group Bhd. (2015) Lifestyle We Built, [Online], Available: [8 May 2015]. MRCB Land. (2015) Home, [Online], Available: [8 May 2015]. S P Setia Bhd Group. (2015) Properties, [Online], Available: [8 May 2015]. Sunway Property. (2014) Malaysia Properties, [Online], Available: [8 May 2015]. UEM Sunrise Berhad. (2013) Our Projects, [Online], Available: [8 May 2015]. UOA Group Berhad. (2015) Properties, [Online], Available: [8 May 2015]. 22

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