Wednesday 26 December 2012

BLand unit to acquire land from Selangor Turf Club

By Bernama
Tuesday, 18 December 2012 18:21


KUALA LUMPUR (Dec 18): Berjaya Land Bhd's (BLand) unit Selat Makmur Sdn Bhd has proposed to acquire 99.06 hectares of leasehold land in Sungai Besi from Selangor Turf Club for RM640 million.

In a filing to Bursa Malaysia today (Tuesday), BLand said the acquisition included all existing buildings and structures erected.

BLand said Selat Makmur has also proposed to acquire about 303.514ha of freehold land in Sungai Tinggi from Berjaya City Sdn Bhd.

The company has also proposed to appoint Berjaya City as the turnkey contractor to carry out the construction of the new turf club for RM605 million, it said.

BLand said Selangor Turf Club and Selat Makmur had agreed on the layout and building plans, designs, drawings and specifications for the new turf club. — Bernama

Malaysian economy to grow 5.5% next year



By Farah Wahida:

Malaysia’s gross domestic product (GDP) is expected grow between five percent and 5.5 percent in 2013, said Deputy Finance Minister Datuk Donald Lim Siang Chai.

The good economic growth will likely be driven by healthy domestic demand and more income inflow from the tourism, construction and services sectors, he said in a report by The Borneo Post.

“On fiscal deficit, we expect it to be reduced to four percent or below next year, from the current 4.7 percent.”

Furthermore, the government aims to cut Malaysia’s fiscal deficit to three percent by 2015.

Investments to see boom time in 2013



By Farah Wahida:

More investments are expected to flow into Malaysia in 2013 given the number of ongoing and upcoming projects, according to Frederico Gil Sander, World Bank Senior Economist for Malaysia.

Majority of these projects are from the property, infrastructure, as well as oil and gas (O&G) sectors.

“Notable projects in the O&G sector include the RM60 billion Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor and the RM3.8 billion Sabah Oil and Gas Terminal (SOGT) in Kimanis.”

Moreover, progress of various property and infrastructure projects such as the RM26 billion Tun Razak Exchange (TRX), the RM4.45 billion Second Penang Bridge and the Mass Rapid Transit (MRT) project will also encourage investors to invest more.

“These investments are directly and indirectly linked to the structural increase in commodity prices over the past six or seven years. The challenge for Malaysia going forward is to ensure investments in non-commodity sectors, such as manufacturing and knowledge-intensive services, also pick up,” he noted.

“With respect to portfolio investment, we expect these flows to remain volatile as they depend on the sentiment of foreign investors, which is likely to shift as countries approach and turn back from various policy cliffs. For example, the United States fiscal cliff or the debt overhang issues in the Eurozone.”

Nonetheless, Malaysia is expected to remain an attractive destination for overseas investors in the long-term due to its potential for higher-than-average growth.

Tuesday 25 December 2012

BCB gets good response to condo project

By Wong King Wai of The Edge Financial Daily
Friday, 21 December 2012 12:29


KUALA LUMPUR: The second phase of BCB Bhd's Concerto North Kiara condominium project, which was launched on Dec 1, has already attracted some RM52.3 million in sales.

Phase 2 of the condominium development, situated north of the main Mont'Kiara area which borders Segambut in Kuala Lumpur, offers 162 units housed in two blocks called Ballade and Carol, each with 81 units.

Concerto North Kiara has an overall gross development value of RM520million and offers a total of 440 units. It is the Johor-based BCB's maiden property venture in the Klang Valley.

Phase 1, which was launched on July 7, featured two blocks named Adagio and Etude. They also featured a total 162 3-bedroom units with built-ups starting from 1,500 sq ft and prices from RM1.1 million. All the units have since been sold.

"Concerto North Kiara has been very well received by our purchasers and has also been receiving good comments from property investors, real estate agents and visitors in general," said project general manager Sean Tan. "Our pricing is below RM700 psf. For such exclusive condominiums which emphasise privacy and security, they are definitely a good buy."

The 3+1 bedroom units in Phase 2 will have built-ups from 1,590 to 1,818 sq ft and are priced from RM1.1 million onwards. Each unit comes with a private lobby measuring 120 to 156 sq ft that belongs to the purchaser.

Concerto's unique selling point is its same floor drainage system that prevents water leakages from affecting the units below. When completed in 2015, Concerto will feature five blocks.

On the outlook in the coming months, Tan acknowledged that the economic climate is still uncertain but he is positive 2013 will see better growth in Malaysia and the region. US President Barack Obama and Chinese Premier Wen Jiabao's pending visits to this region show that opportunities abound in Malaysia, said Tan.

"Our Ministry of Tourism will also be embarking on an MM2H (Malaysia My Second Home) programme roadshow to China's major cities to attract investors to come to Malaysia to stay and do business … I foresee a good market for our Concerto North Kiara units for Phase 2 and Phase 3 next year," he said.

BCB's next yet-to-be-launched project is in Kota Kemuning, Shah Alam, where 513 bungalows and 49 shophouses will be developed. The RM1.8 billion project will offer bungalows priced from RM2 million. The built-ups will be between 4,500 and 6,000 sq ft, with land area sizes from 6,000 sq ft.

BCB's main development activity is centred in Johor, particularly in Batu Pahat and Kluang. Besides residential projects, such as Taman Bukit Perdana, Evergreen Heights and Bandar Putra Indah, the company is also the developer of BCB Plaza in Kluang and U-Mall in Skudai, as well as a hotel, Prime City Hotel, in Kluang.

This story first appeared in The Edge Financial Daily edition of Dec 21, 2012.

Intro of PEMUDAH Malaysia

The idea for a high-powered task force to address bureaucracy in business-government dealings was first introduced in the Prime Minister’s annual speech to the Civil Service on 11th January 2007. It was recognised that a concerted cross-ministerial initiative was needed to effect greater improvement in the way government regulates businesses. To be truly relevant, it was also essential to have active participation by the private sector.



On 7th February 2007, the Special Task Force to Facilitate Business or PEMUDAH (taken from the task force’s Malay name ‘Pasukan Petugas Khas Pemudahcara Perniagaan’) was established. Reporting directly to the Prime Minister, the team comprises 23 highly respected individuals from both the private and public sectors. It is co-chaired by Y.Bhg. Tan Sri Mohd Sidek Hassan, the Chief Secretary to the Government of Malaysia and Y.Bhg. Tan Sri Datuk Yong Poh Kon, President of the Federation of Malaysian Manufacturers.

Terms of Reference:
To review the status of the public services delivery system in terms of processes, procedures, legislation and human resource and to propose new policies for improvements;
To benchmark best practices to improve the ease of doing business;
To enhance collaboration among public and private sector agencies to improve Malaysia’s competitiveness;
To monitor the implementation of policies, strategies and procedure that would improve the efficiency and effectiveness of the public and private sector delivery system; and
To take appropriate action to address issues in line with the National philosophy of 1Malaysia, People First, Performance Now. Vision and Values



To achieve a globally benchmarked, customer-centric, innovative, entrepreneurial and proactive public and private sector delivery service in support of a vibrant, resilient and competitive economy and society, driven by the following:
A sense of urgency
Proactive public-private sector collaboration
Facilitation, not hampering
No more regulation than necessary
Zero tolerance for corruption

Govt to implement build-and-sell concept by 2015: Pemudah


KUALA LUMPUR: The government is to implement the build-and-sell concept by 2015 to stem the problem pf abandoned housing projects, according to the 2012 annual report of the Special Task Force to Facilitate Business (Pemudah).
The report, which was issued Monday, said the concept would be implemented through the financing of houses based on Syariah to buyers.
The government also imposed tighter laws through an amendment to the Housing Development Act (Control and Licensing) 1966 (Act 118), it said.
Among others, the deposit was increased from RM200,000 to three percent of the cost of physical development, including professional fees for the Housing Development Account, and a maximum penalty of RM50,000 has been set, compared to RM20,000 previously for offences under any provision of Act 118.
The amendment, passed by Parliament, also gave buyers more rights on matters of house buying, including the choice to cancel the sale-and-purchase agreement if there is no progress at the site six months after the date of agreement.
The scope of the House Buyers Claims Tribunal was also expanded to enable buyers to seek compensation from unlicenced housing developers.
A list of developers who were blacklisted and problematic housing projects were also displayed on the website of the Housing and Local Government Ministry.
According to the report, 32 abandoned housing projects had been revived by the Special Task force for Revival of Abandoned Housing Projects last year.
"The remaining 62 abandoned projects with 26,486 units and 17,400 buyers, are at various stages of revival while 22 other projects are in the planning stage to be revived by developers identified by the government," said the report. - Bernama

Sunday 16 December 2012

Property buyers seen shifting to affordability in 2013

By Kamarul Azhar of theedgeproperty.com
Thursday, 13 December 2012 13:38


PETALING JAYA (Dec 13): The trend of property buying in the country will shift towards affordability in 2013, which will see buyers gravitating towards products with lower absolute pricing, according to Hong Leong Investment Bank analyst Sean Lim.

He said property developers should respond to the shift in preference, by cutting back on the scale of property launches, reduce absolute selling price by selling smaller units and transit from selling high rise to landed units.

"Going into 2013, we expect the challenges to intensify as both property developers and buyers undergo a transition phase, with buyer preference undergoing a dramatic shift towards affordability," said Lim.

He added launches and sales is expected to moderate in 2013 compared with 2012, dismissing talk that the property market will see a hard landing next year.

"We still do not believe that a hard landing scenario is likely to transpire in 2013. Asset quality for loans continued to improve with NPL (non-performing loans) ratio at all-time low of 1.9% for residential property loans," said Lim.

However, a major risk of rising NPL ratios among banks due to Malaysians losing holding power of their properties still lingers, according to Lim.

Property developers also face the risk of margin erosion in 2013 if material prices spike or pressure from lower selling price of properties, slow down in sales or cut back in launches.

Major catalysts for the industry in 2013 include the RM46 billion worth of investments announced to be implemented in Iskandar Malaysia starting next year, and also the completion of the second Penang bridge.

"The RM46 billion of developments announced in last week's WIEF (World Islamic Economic Forum) should help sustain interest for UEM Land Holdings Bhd.

"Penang mainland is also set to benefit from the opening of Penang Second Bridge in Sept 2013. Within our coverage, Mah Sing looks set to be the biggest beneficiary, as its Southbay City integrated development has balance GDV of RM2.1 billion," he said.

As the responsible financing guideline started to take effect on property transactions, the operating environment of the property sector is expected to get more competitive next year.

Some property analysts are of the opinion that property developers with strong branding and big land bank are the ones who can remain positive above the rest.

Among the property developers with large land bank and strong brand in Malaysia include Sime Darby Bhd, UEM Land Holdings Bhd, IJM Land Bhd, S P Setia Bhd and WCT Bhd.

S P Setia targets an ambitious FY2013 property sales of RM5.5 billion, after managed to surpass its target RM4 billion of sales this year. The group's achieved record new property sales of RM4.2 billion in FY2012, an increase of 28.6% year-on-year.

However, other differs saying that gearing level and valuations are more important for property developers next year, citing the lower expected growth rate.

Meanwhile, Affin Investment Bank's analyst Isaac Chow, whose property stock top pick include UOA Development Bhd and KLCC Property Holdings Bhd, said it is more important for investors to choose property stocks with appealing valuation and strong brand equity.

In a report on UOA Development, Chow stated that the group remains Affin IB's top pick among the property development stocks because of its undemanding valuation, high dividend yield, strong cash position, strong track record and management experience.

"UOA Development remains our top pick for exposure to the property sector and we continue to like the company for its undemanding valuation at 6.5 times CY13 core EPS, 1.1 times NTA and high dividend yield of over 5%,

"Strong cash position of RM274.7 million, strong branding, strong execution track record, and experienced management team who are highly adaptable to changes in market dynamic," stated Chow.

Affin IB has a target price of RM2.40 on UOA Development, based on 25% discount on its revalued net asset value (RNAV) of RM3.17.

UOA Development share stood at RM1.70 per share as at 11.48 am this morning, up 1 sen or 0.59% from yesterday's (Wednesday) close of RM1.69.

Friday 14 December 2012

Property market to remain bullish in 2013



By Farah Wahida:

Despite several concerns this year, the property market is expected to remain bullish in 2013 and prices are unlikely to drop, said Nixon Paul, President of Malaysian Institute of Estate Agents (MIEA).

In a report by Business Times, Paul noted that investors were coming back in the second half of 2012, particularly in the last two months while transactions remained strong.

He said one of the misconceptions that emerged was the oversupply of office space as manufacturing based companies relocate to China.

“And then there was Bank Negara Malaysia's responsible lending guidelines which affected the market initially but the market bounced back eventually,” he said, adding that the valuation part, where banks disagree with the price initially agreed upon by the buyer and seller, was the biggest frustration faced by the property market.

“But other than that, it has been a good year for the property market and will remain that way next year. Prices will generally be stagnant and not likely to drop. In areas where there is land scarcity, prices will go up a bit,” he said.

In concurring, Gerald Kho, Chief Executive Officer of Reapfield Properties, said “the market will remain strong next year where prices will continue to increase if the stock availability remains tight.”

Since the implementation of the responsible lending guidelines, the quality of buyers stayed strong with the last month being a very busy month for property agents, added Kho.

“If this continues into the first half of 2013, there is no reason the second half can't be stronger.”

Wednesday 12 December 2012

Home buyers cry over miscellaneous fees


By Farah Wahida:

Home buyers of Endora, a formerly abandoned residential project in Ijok, Kuala Selangor, were surprised that they are being charged RM5,000 in miscellaneous fees after the project’ rehabilitation, reported The Star.

Selvaraj S. Balaguru and his wife Lothermary Singarayar said they received a letter citing the name of a law firm based in Section 13 in Shah Alam to which they should pay the amount, but the firm failed to give them a breakdown of the fees.

“Lothermary and I were happy when we found out that the housing project in Taman Alam Perdana in Ijok, which was abandoned eight years ago, was completed following the rehabilitation of the project by the state government through Mentri Besar Incorporated (MBI),” he said.

However, Selvaraj claimed that the Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim had not mentioned of these fees during three meetings at the Stadium Malawati.

The letter advised them “to give the cash and that the Sales and Purchase Agreement would be handed to us for the bank to process the ownership of the house. If we do not give the RM5,000, the bank will not be able to restructure the loan for the delay in compensation, which comes to RM30,000,” he explained.

Selvaraj said many buyers face the same situation as theirs and they hope Khalid would help them sort this out. As such, he has sought help from the Selangor MCA Public Complaints Bureau chief Datuk Theng Book.

Theng responded and urged the MBI to explain the need to charge RM5,000, as it was unethical to collect the fees that were not previously announced.

Monday 10 December 2012

More should consider Malaysia as investment destination: report



By Romesh Navaratnarajah:

Malaysia is being touted as a hotspot for foreign investors looking for favourable gains, particularly as property prices there are more affordable than other countries in the region such as Singapore and Hong Kong.

A recent report by The Standard highlighted Malaysia’s key attractions, including “prospective economic growth, stable housing market and pleasant living environment”, which helps attract overseas buyers.

Moreover, Malaysia offers stable prices, guaranteed rental yields, high GDP growth and a similar culture.

The capital of Kuala Lumpur has comparatively more relaxed property regulations and affordable living. Property prices here have risen by 15 to 30 percent in the last five years. Rental demand is also strong as more expatriates now live in the capital.

Meanwhile, Penang took up 28 percent of foreign direct investment in 2010 and 2011, credited to the state’s vibrant economy and young population of 1.6 million.

The northern state can also capitalise on its capital George Town, a UNESCO historic city listed by ECA International as the eighth best place to live in Asia.

The report added that “properties in the region have a proven track record...with prices expected to increase steadily over the next four years”.

Penang to get affordable houses: Najib


By Farah Wahida:

Penang will get 20,000 affordable houses and a monorail train service, should Barisan Nasional (BN) regain the state, announced Prime Minister Datuk Seri Najib Tun Razak at Universiti Sains Malaysia during the Promises Fulfilled Tour last weekend.

He revealed that 10,000 units will be developed by Perumahan Rakyat 1Malaysia (PR1MA) Berhad while the rest will be built by the Penang Regional Development Authority and government-linked firms Syarikat Perumahan Nasional Berhad and JKP Sdn Bhd.

“As the Government, we will fulfil this promise to the people because we are bound by our word,” he said during the launch of the nationwide online PR1MA registration.

“Register (online) for the PR1MA homes and we will conduct transparent and sincere balloting (for the units).”

Najib also promised that these houses will cost significantly less than the market price, reported Asia One.

“If the market price is RM500,000, we will sell at RM300,000 to Penangites. This is my promise to all of you... (We are) not like Pakatan Rakyat that failed to fulfil its promise to the people of Kampung Buah Pala that their village would not be demolished.”

“The state government has not built even a single low-cost house here (according to the Auditor General’s Report 2010) so who can you trust Barisan or Pakatan?”

Moreover, the state will also get a monorail like the LRT in Kuala Lumpur to provide good public transportation for Penangites.

Thursday 6 December 2012

S P Setia buys KL land with RM1b GDV

By Janice Melissa Thean of theedgeproperty.com
Wednesday, 05 December 2012 16:31

KUALA LUMPUR (Dec 5): S P Setia Bhd has purchased a 12,456 square metre plot in the heart of KL for a total purchase consideration of RM294.97 million via its wholly-owned subsidiary Setia Hicon Sdn Bhd.

"The estimated gross development value (GDV) of the proposed integrated commercial development on the property... is approximately RM1.04 billion,” said S P Setia in an announcement to Bursa Malaysia today (Wednesday).

The freehold property is currently occupied by the British High Commission and is located on "Embassy Row", in the immediate vicinity of KLCC within the Golden Triangle.

The group will also come into ownership of the buildings and amenities which currently sit on the property, including 3-storey building, a 2-storey clubhouse with ancillary buildings and a swimming pool.

The location enjoys good transportation connectivity via the Ampang-KL Elevated Highway (AKLEH), Duta-Ulu Klang Expressway (DUKE) and Middle Ring Road 2 (MRR2), as well as close proximity to the Ampang Park LRT station.

"Over the past few years the group has steadily grown its network of high-net-worth property purchasers who have strongly supported the launch of its numerous investment-grade projects such as KL Eco City in Bangsar, Fulton Lane in Melbourne and 18 Woodsville in Singapore," it said.

"The proposed acquisition therefore provides a unique opportunity for S P Setia to acquire a piece of prime freehold land at the very heart of Kuala Lumpur to build investment-grade commercial and residential products to suit the needs of this highly discerning and sophisticated clientele."

S P Setia intends to finance the acquisition with internal funds and bank borrowings. It is estimated that the acquisition be complete by the first half of 2013.

RM46b projects for Johor

By M Shanmugam of theedgeproperty.com
Wednesday, 05 December 2012 14:56

JOHOR BARU: A RM3.5 billion facility to cater for regional motoring enthusiasts is one of a slew of development agreements, amounting to more than RM46 billion, unveiled yesterday for Iskandar Malaysia and Danga Bay.

The Motorsports City project, which will be built on a 270-acre tract near the Tuas Second Link, will be jointly developed by FASTrack Autosports Pte Ltd, a company controlled by Singapore billionaire Peter Lim and UEM Land Holdings Bhd, a Khazanah Nasional Bhd-controlled company.

The facility will cater for all car companies. It will have a 4.5km test track, dubbed the "Nurburging of Iskandar Malaysia", that will be Formula 1-compliant and designed by an internationally acclaimed track designer.

Apart from the track, the area will also have an integrated mixed commercial development to house service centres, car showrooms, a spare parts and accessories hub and centres to enhance and upgrade cars.

Lim, a former remisier who is now an investor in several companies including McLaren Automotive, said the F1 track is not meant to compete with the existing facilities in Sepang and Singapore.

"The idea is not to build an F1 track to compete with the existing tracks. This track is to cater for motoring enthusiasts and car companies. I believe we can build a sound business model with the competitive cost structure and availability of labour," he told a press conference after the exchange of documents in conjunction with the World Islamic Economic Forum yesterday.

UEM Land Bhd managing director and CEO Datuk Wan Abdullah Wan Ibrahim said it is hoped the race track will be completed by 2016. The facilities will include a bonded warehouse for cars.

When completed, Motorsports City, which is 70% owned by FAStrack Automotive and 30% by UEM Land, will have about 8.25 million sq ft of gross floor area and create employment for more than 5,000 people.

The other major deals signed yesterday were:

(i) Country Garden Holdings Co Ltd, a China-based developer acquired a 11ha piece of waterfront land in Danga Bay for RM900 million;

(ii) Sunway Bhd's Sunway City Sdn Bhd is buying 779.07 acres in Pendas, Nusajaya, through a joint venture with Iskandar Investment Bhd (IIB) for RM412.7million or RM12.16 per sq ft;

(iii) a MoU between UEM Land and Chinamall Holding Pte Ltd to develop a China trade and exhibition centre in Nusajaya;

(iv) a collaborative agreement between UEM Land and Telekom Malaysia Bhd (TM) for the provision of communication and ICT infrastructure to realise a connected Nusajaya; and (v) a memorandum of collaboration among UEM Land, IIB, TM, Cisco Systems International BV and Centios Co Ltd to establish a Global Innovation Centre.

Wan Abdullah said UEM Land and Chinamall are looking at signing a definitive agreement within the next six months.

According to UEM Land's statement, the trade mall will cater mainly to merchants from China.

UEM Land will grant a lease of the mall to Chinamall Holding to operate it as a master tenant with the operating and management concept to be benchmarked against the Dragon Mart in Dubai, United Arab Emirates.

Sunway's tie-up with IIB for the acquisition of 779.07 acres of land is expected to generate an estimated gross development value (GDV) of RM12 billion over 17 years.

The acquisition was in addition to the 691 acres acquired a year ago, bringing Sunway's total development land in Johor to 1,558 acres, with a potential GDV of RM25 billion. Sunway is one of the largest land owners in Iskandar.

"In Johor we want to reach new frontiers. This is to be the most exuberant, exciting and exceptional integrated township," said founder and chairman of Sunway group Tan Sri Jeffrey Cheah in a statement.

At a separate event, Iskandar Waterfront Holdings Bhd (IWH) major shareholder Tan Sri Lim Kang Hoo signed an agreement to divest 55 acres of waterfront land to Country Garden Holdings Co Ltd.

This article first appeared in The Edge Financial Daily, on Dec 5, 2012.

Tuesday 4 December 2012

Semi-Detached Houses for SALE!!

Semi-Detached Houses for SALE!!!

1) Taman Adamas 118, 2.5-sty SD Int, LA 2,770 sq ft, 4+1R4B, selling RM950k
2) Prima Jaya Phase 3 Semi-Detached, LA 4,690 sq ft, 4+1R4B, selling RM1,443,520 (Developer price RM1,388,000 + 4%)
3) Prima Jaya Phase 3 Semi-Detached, LA 3,229 sq ft, 4+1R4B, selling RM1,203,280 (Developer price RM1,157,000 + 4%)
4) Prima Jaya Phase 2 Semi-Detached Corner, LA 4,081 sq ft, 4+1R4B, selling RM1.35 mil
5) Taman Damai Phase 1 Semi Detached House, LA 4,000 sq ft, 3+1R3B, selling RM980k
6) Taman Sindo Semi-Detached (2-sty split into 4 semi levels), LA 4,100 sq ft (CL 999), 4R4B, selling RM880k
7) Taman Golden City 2-sty Semi-Detached, LA 3,620 sq ft, 2+1R3B, selling RM880k
8) Taman Orkid 2-sty Semi-Detached, LA 3,380 sq ft, 4R3B, selling RM820k
9) Taman Ujana Seri Fantasi 3-sty Terrace Corner, LA 3,360 sq ft, 4+1R4B, selling RM1.3mil 
10) Taman Luyang Phase 6, SS Semi-Detached, LA 4,270 sq ft, 3R2B, selling RM750k
11) 2-sty Semi-Detached nearby Eden Height, LA 4,100 sq ft, 3+1R3B, selling RM848k
12) Taman Reservoir Phase 1, 2-sty Semi-Detached, LA 4,116 sq ft, 5R4B, selling RM880k

Properties named above for sale are ALL Semi-Detached houses. Basically i will HIGHLIGHT Prima Jaya Phase 3 as they are selling at near to Developer's Price.

Hereby is the web address linking to my property details:

Thank you!

--
Best Regards
for Metro Homes Sdn Bhd
Real Estate Negotiator 
WAH KHENG WUMetro Homes Sdn BhdMobile  :+6016-810 0663
Office    :+6088 486 060
Fax       :+6088-486 033
Email    :kwwah88@gmail.com
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E-28-5, Block E, KK Times Square,
Off Jalan Coastal Highway, 
88100 Kota Kinabalu, Sabah, Malaysia.
..............................................................................................................................
Asia Pacific Property Awards 2009.  Winner for "Best Malaysia Real Estate Agency Website"
Real Estate Website  : www.metrohomes.com
MM2H Website         : www.mm2hnet.com