Sale by Tender

Milestone

More notable VALUATION service milestones to date are testament of our achievements:

  1. The valuation services of properties in excess of MR200 million for Securities Commission purposes to facilitate the Main Board Listing Exercise of YNH Property Bhd

     
  2. The valuation of real estate assets worth over MR100 million for Cygal Bhd in their recent re-structuring exercise

     
  3. Valuation of a 3-acre parcel of development land located right opposite the Concord Hotel and beside the Shangri-la Hotel, along Jalan Sultan Ismail, identified as Lot 1077, Section 57, Kuala Lumpur, Wilayah Persektutuan worth over MR70

     
  4. Corporate valuation of real estate assets for Rapid Synergy Bhd in excess MR120 million

     
  5. Recently appointed by Standard Merchant Bank (Asia) Ltd’s (SMB) to carry out major valuation exercise of properties worth in excess of MR285 million in their bidding to purchase Maybank’s Non Performing Loan (NPL’s)

Remarkable REAL ESTATE AGENCY Achievements

  1. Successfully sold the 3 acres of prime development land along Jalan Sultan Ismail, Kuala Lumpur for MR63 million, which was also announced in The Star on 13th July 2004. It is planned for the development of a Grade A 45 storey iconic office tower appointed to international standards

     
  2. Successfully sold 8.3 acres of Sumida Electric industrial property comprising of double storey office/factory block with 92-bays basement car park and 5 factory buildings located in Bandar Baru Bangi Industrial Estate for MR15 million

     
  3. Successfully sold 2 adjoining parcels totaling 94.85 acres of mixed development land at Genting Highland in Pahang for MR16 million

     
  4. Successfully sold a few Malay Reservation parcels of development land totaling 11.62 acres at Mont’ Kiara (Kiara View Project) to Seni Nusantara Sdn Bhd In excess of MR24.65 million.

Recent AUCTIONING Milestone Accomplished

  1. Successful bidding on behalf of corporate client for a parcel of development land in Section 14, Subang Jaya, Selangor Darul Ehsan, Malaysia at a price of MR5.5 million.

    The client proposed to develop a 20-storey residential apartment project comprising 100 units on this parcel of land.
Recent TENDER EXERCISES undertaken by our firm
Most recent undertaking includes
  1. Sale by Tender of industrial property strategically located in Section 13, Bandar Baru Bangi with land size of approximately 8.3 acres for MR17.5 million for Sumida Electric Sdn Bhd - SOLD

     
  2. Sale by Tender of a beach front property located at Pasir Bogak Beach, Pulau Pangkor with hotel property on 1.168 acres of land and commercial property located on 7975 square feet of land for MR4.4 million - SOLD

     
  3. Incredibly successful Sale by Tender of 4 units of 2-storey commercial building located on the corner of Jalan Tengku Kelana in Klang for MR4 million. The sale was concluded even before the advertisement was published – SOLD

     
  4. Sale by Tender of a double storey detached house with 13,727 square feet of land adjoining Bangunan PNB in Damansara Heights for MR3.55 million. The subject property has great potential for conversion to commercial use - SOLD

     
  5. Sale by Tender of a parcel of Malay Reservation land measuring 2.0 acres within the Mont’ Kiara locality for MR6.5 million – SOLD

     
  6. Sale by Tender of a parcel of land measuring 1.937 acres within the Mont’ Kiara locality of MR4.640 million - SOLD

    We have been steadily notching up remarkable year-on-year achievements since 2003, culminating in being Awarded Best Performance in the Overall Tender Exercise in 2004 by Danaharta.

Current Exclusive Marketing Agent

  1. Sale by Tender of a 9 ½ storey newly refurbished building strategically located at the corner of Jalan Tuanku Abdul Rahman and Jalan Tun Perak, Kuala Lumpur for MR15 million

     
  2. Sale by Tender of 401 acres of prime development land located on both sides of the Seremban Expressway from Nilai to Seremban for MR65.0 million – in the process of negotiation