Property Hunter Magazine Property Hunter Magazine Issue 55 - June 2014 | Page 54

/// West Malaysia Property News IJM Land Wins Asia Pacific Property Awards 2014 When One Compares Penang and Iskandar MAHB to Build Airport Cities PNB Mulls Global Property Giants Prevention Through Environmental Design (CPTED) approach which entails a natural form of surveillance on top of other security measures to give the community an increased sense of security. IJM Land Berhad triumphed at the recent Asia Pacific Property Awards 2014 held on May 9 in Kuala Lumpur, taking home four coveted awards for its highly anticipated Pantai Sentral Park and Seremban 2 developments. Pantai Sentral Park received the Five-Star Award for the Best Development Marketing Malaysia and Best Developer Website Asia Pacific. Pantai Sentral Park also bagged the Highly Commended Award for the Residential Landscape Architecture Malaysia category. Seremban 2, IJM Land’s flagship development in Negri Sembilan received the Highly Commended Award for the Public Services Development Malaysia category. The event was attended by property developers, architects, interior designers and and real estate agents from around the Asia Pacific region including from Thailand, Singapore, Malaysia, Vietnam, Philippines, Cambodia and Indonesia. This is the first year IJM Land participated in this international property awards ceremony. “This is an honour of the highest degree for 54 us to be recognised by the Asia Pacific Property Awards’ esteemed panel of judges. These awards are a tribute to the hard work and dedication of our team with attention given to the minutest details,” said IJM Land chief executive officer and managing director, Datuk Soam Heng Choon. Pantai Sentral Park, a collaboration between Amona Development Sdn Bhd and IJM Land Berhad, is a 58-acre integrated city development strategically located at the Kerinchi-Pantai Dalam corridor and is easily accessible via Jalan Kerinchi from the Federal Highway. Scheduled to be launched in June 2014, Pantai Sentral Park is a mixed commercial and residential development, with a gross development value (GDV) of RM5.6bil. The entire concept is designed to blend in seamlessly with the lush green surroundings of a 200-acre forest known as Bukit Kerinchi with provisions for a linear forest walk and green connector located between the residential and commercial parcels with ample space for the community to engage in healthy activities. The upcoming launch is the first parcel of 211 residences with home sizes ranging from 1,140 to 1,975 sq ft which is now open for registration. Spanning 3,800 acres, Seremban 2 is a selfcontained township in Negri Sembilan offering modern amenities and convenience of a city while maintaining the grace and serenity of a country atmosphere. To date, Seremban 2 has emerged as one of the most progressive and successful developments in Negri Sembilan and is now home to more than 60,000 residents When deciding on where to make your next property investment, the first question that comes into mind is location. If you already have one or two investments in the city or state that you live in, the next step would be to purchase property somewhere else where you feel the appreciate is faster. A lot of property investors are showing interest in investing in either Penang or Johor. Penang is a small island, (smaller than Singapore) and Iskandar is twice the size of Singapore. Technically, this shows that price appreciation in Penang seem much higher, especially now that there are 10 flights or more daily between Penang and Singapore, connecting both places as close as Singaporean taking a MRT ride from one end to the other in terms of time. Property prices in Penang will continue to increase due to scarcity of land and both prime areas and not so popular areas are appreciating in price. There is less land to build on in Penang as compared to Singapore because Penang is not a flat piece of land and it has a Forest Reserve National Park within the island. Iskan \