Property
Development
The Division's property development projects are :-
Mutiara
Rini
Mutiara
Rini, Johor is located approximately 13 km to the north-west
of the Johor Bahru City Centre and is easily accessible by the
way of the Senai Highway.
Established housing estates surrounding Mutiara Rini are Taman
Ungku Tun Aminah, Taman Seri Orkid, Taman Skudai Baru, Taman
Nesa, Taman Sri Skudai and Taman Universiti.
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Mutiara
Rini is located within the Iskandar Development Region (IDR),
the country's latest growth corridor measuring 2,217 sq.km which
stretches from Johor Bahru to Senai in the north, the Port of
Tanjung Pelepas in the west and Pasir Gudang in the east. Mutiara
Rini is expected to benefit from the IDR due to the creation
of new jobs and correspondingly, a need for houses and upgrading
by existing homeowners.
The creation of Mutiara Rini's Urban Forest with the assistance
of expertise from the Forest Reserve Institute of Malaysia (FRIM)
features the thematic planting of local species of slow-growing
and long-living trees to create a quality environment with an
ecosystem that will attract wild birds, insects and small animals.
Areas for picnicking and overnight camping are also provided.
Mutiara Rini's house designs feature some of Malaysia's traditional
architecture such as the double pitched roof complete with neat
lattice works and the 'kampong style' long low windows with
horizontal railings fixed across the window. Complementing the
traditional features in the design are the more contemporary
French and Mediterranean features.
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What
Makes Mutiara Rini Different From Other Development?
Mutiara Rini's vision is to be a trend-setter
in urban design and to transform habitats into liveable, secure
and value-added environments.
| (i) |
The
planning concept has adopted an intergrated development
where each of the |
|
six
parcels will function as self-contained developments with
open spaces and |
|
schools as the focal point. |
|
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| (ii) |
Looking
at accessibility, it is well linked to Taman Universiti
(Pontian), Taman |
|
Seri
Orkid (Skudai) and Senai Highway thus creates good roads
network for the |
|
convenience
of the residents. |
|
|
| (iii) |
A 62-acre Urban Forest is being developed with both active
and passive recreational |
|
facilities ready for the residents. |
|
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| (iv) |
A
hierarchy of road system has been adopted to ensure that
no through traffic |
|
transgress
local residential streets thus minimising noise and air
pollution. Further, |
|
the
hierarchy creates an environment which emphasises pedestrian
safety and |
|
security
of the residents. |
|
|
| (v) |
The
township is bisected by a network of bicycle tracks (separate
from the road |
|
system)
which is
designed to encourage children to cycle to school and promote
|
|
cycling
as a recreational activity for a healthy lifestyle. Cycling
will also minimise |
|
vehicle
movement within the neighbourhood. Further each purchaser
is given a |
|
bicycle. |
|
|
| (vi) |
Infrastructure
facilities have been placed underground and road kerbs are
at 45 |
|
degrees
to allow for mounting of vehicles if necessary. |
|
|
| (vii) |
The construction of primary and secondary schools upfront
provides the residents |
|
the comfort of knowing a basic need is provided for when
he occupies his house. |
|
|
| (viii) |
A
"House Owner's Manual" is a standard features
for all house buyers. |
|
|
| (ix) |
Regular
newsletters are sent to the residents and purchasers informing
them on |
|
the
progress of physical works and community news. |
|
|
| (x) |
Awarded
the Best Planned Development in two consecutive years from
Majlis |
|
Daerah
Johor Bahru Tengah (MDJBT) and Malaysian Institute of Planners
|
|
(MIP)
in 1998 and 1999 respectively. |
Awards
(
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Mutiara
Damansara
Residential Development - A Preferred Address
Mutiara
Damansara is one of the addresses in Petaling Jaya with a freehold
title located in a prime area.
High appreciation value - Due to its strategic and much sought
after location and quality products, residential properties
in Mutiara Damansara have experience high rates of appreciation.
For example, when Mutiara Damansara first launched its bungalows
and semi-Ds in 2002, selling
prices were RM1.3 million and RM843,000 respectively. Today
(2008), these units are changing hands for RM2.4 million and
RM1.8 million respectively.
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Mutiara
Damansara is also home to the Curve, IKEA, Tesco, Ikano Power
Centre, Cineleisure Damansara, Court Megastore, Proton Platinum
Showroom, Lexus showroom and UAC's head office.
(
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Taman
Jernih
Started in 1998, Taman Jernih is a 36 acre freehold
development in Bukit Mertajam, Pulau Pinang which was developed
jointly between Boustead Holdings Berhad and the Keppel Group
of Singapore.
The development comprises 515 units of residential houses, mainly
double storey terrace houses with the 30% low cost component
and few units of semi-detached houses. The project was fully
completed in 2005.
183 Ampang
This low rise condominium project comprises only 43 units of
luxurious condominium with built-ups ranging from 1600 sq ft
to 2600 sq ft. Situated behind the British High Commissioner's
office along Jalan Ampang, 183 Ampang is expected to be completed
in April 2008.
(
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Mutiara
Hills @ Semenyih
Mutiara Hills, the Group's soon to be launched development project
was formerly the Balau Estate, a 1336 acres oil palm estate
located in Semenyih. The campus of the University of Nottingham
in Malaysia is located here in Mutiara Hills. Development is
expected to kick-off with the launch of 1-acre homestead lots
for orchards and small homesteads followed by more residential
units.
For
more information, visit : www.mutiararini.com.my
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Commercial
Development - A One-Stop Commercial Precinct
Mutiara Damansara's attraction as one of the most sought after
addresses in the Klang Valley is due in part by it being a one-stop
retail haven spearheaded by the Curve.
the
Curve
the Curve, Malaysia's first lifestyle pedestrianised shopping
mall is owned and developed by Mutiara Rini Sdn Bhd, a wholly
owned subsidiary of Boustead Properties Berhad.
Boasting
an exciting mix of global, regional and local brands, shopping
and dining at the Curve promises to be a whole new lifestyle
and shopping experience for Klang Valley residents and beyond.
the
Curve is flanked by approximately 70 F&B outlets, bistros
and cafés with a unique Asian and Western courtyards.
Its
retail space comprises 250 shops plus 20 state-of the-art office
suites.
For more information, visit : www.thecurve.com.my
(
click image for enlarged view )
Anchored
by top-notch brands
the Curve is anchored by world-class retail establishments namely,
IKEA Home Furnishings, IKANO Power Centre, Tesco Hypermarket
and Cineleisure Damansara. In addition, top brands
like Border Bookstores and Metrojaya are located within the
Curve.
There
are 20 corporate lots in the vicinity of the Curve, to create
a working day time population of 50,000, adding to the appeal
of the Curve and the abovementioned retail establishments as
a world-class shopping hub. Thus far several well known corporations
have set up or are in the process of setting up their office
and/or showroom complex. These include Proton, Petronas, Daimler-Chrysler
(M) Sdn Bhd, Toyota Lexus, UAC Berhad, Bentley Music and Batu
Kawan Berhad.
The
well-planned al-fresco dining area ensures that comfort remains
a high priority and as such is temperature-controlled utilising
state-of-the-art comfort cooling by a District Cooling Plant
(DCP). The DCP utilises an integrated ice thermal energy storage
system and cooling energy is stored in ice for use to meet its
daily demand for air-conditioning.
Cineleisure
Damansara
Complementing the Curve is a flagship entertainment themed mall,
Cineleisure Damansara www.cineleisure.com.my,
which was conceptualised as a result of a joint collaboration
between the Boustead Group and entertainment giant, Cathay Group.
Cineleisure
Damansara features carefully selected tenants, including lifestyle
retail shopping, restaurants, casual dining as well as a myriad
of leisure activities found in the games arcade, cyber-gaming,
bowling and a choice of 10 screen cineplexes. All in all, this
development offers one a hip and trendy entertainment and leisure
centre that embraces a highly successful multi-sensory experiential
formula that will entice all the five human senses.
(
click image for enlarged view )
Successfully
opened in mid-2006, Cineleisure Damansara is the final piece
of the puzzle that completes the Mutiara Damansara one-stop
retail hub.
Property
Investment
The Group's property investments include amongst
others the following major investments:-
| Menara
Boustead |
Jalan
Raja Chulan |
29
Storey Office Block |
| Menara
Affin |
Jalan
Raja Chulan |
20
Storey Office Block |
| Wisma
Boustead |
Jalan Raja Chulan |
8
Storey Office Block |
| Menara
Boustead (PENANG) |
Jalan Sultan Ahmad Shah |
22
Storey Office Block |
Menara
Boustead, Menara Affin and Wisma Affin are all located in Kuala
Lumpur's Golden Triangle and command high rental yields with
high occupancy rates.
Maintenance of the buildings are of the highest standards and
the Group's Property Management boasts of a ISO 9001/2000 certification.
The
Group's label of hotels comprises:
Two more
hotels are expected to be added in the list, the 396-room 5-star
Royale Chulan Hotel in Jalan Conlay, Kuala Lumpur and the 300-room
4-star Royale Bintang, Penang located at Weld Quay in Penang.
(
click image for enlarged view )
Please
visit our websites :
The Royale Bintang Kuala Lumpur - www.royale-bintang-hotel.com.my
The Royale Bintang Damansara -
www.royalebintang.com.my
Other investment properties comprise residential bungalows and
industrial warehouses across the country.
Corporate
Social Responsibility
(
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Hari
Raya 2007 - Buka Puasa session at Shilla Korean Buffet Restaurant
with 30 children from Asrama Damai, Kuang. The
children returned home with a new set of baju raya, duit
raya from
the Management and gifts from MPH Bookstores and MCKY. |
| Spirit
of Christmas 2007 - the Curve treated a group of orphans
from Rumah Juara, to a Christmas dinner and presented them
with the opportunity to get up close and personal with local
celebrity Vince Chong. |
| Chinese
New Year 2008 - the Curve has invited 30 senior citizens
from Rumah Charis and Grace Home to a Chinese New Year launch
recently. The senior citizens were treated to exciting and
colourful dressed lion dance performances and Han Dynasty
martial arts show. They also received goodie bags worth
RM200 and an ang pow each from the Management. The itinerary
of the day was followed by a lunch at Ah Tuan Ee's, one
of the Curve's popular restaurants. |
Facilities built for residents in Mutiara Rini, Johor.
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 |
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| Masjid
Mutiara Rini |
Sekolah
Kebangsaan Mutiara Rini |
 |
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| Sekolah
Menengah Mutiara Rini |
Mutiara
Rini's Playground |
 |
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| Mutiara
Rini's Urban Forest |
Mutiara
Rini's Urban Forest |
Annual
Report - Boustead Properties Berhad
(
click text for Link )
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Property Development 
