Millennia City - Puchong's New Rising Landmark

 

Millennia City - 100-acre mixed development is set to transform the commercial and property landscape of Puchong. In Millennia City’s elaborate master plan, the numerous components comprises shopping mall, hotel, street mall, residences, Grade A offices and lakefront promenade all come together in a modern and sustainable green environment meticulously planned to cater to accommodate the growing population of Puchong with integrated facilities and world class MSC compliance IT and utility infrastructure.

 

Millennia City is an integrated township in close proximity to the Kuala Lumpur International Airport and is linked to 5 major highways. The innovative concept and excellent location of Millennia City will attract astute investors and aspiring entrepreneurs. The new diamond interchange will provide direct access from the LDP into Millennia City, and the future LRT station is just within a short walking distance.

 

M Square Mall

 

A 380,000 sq ft enclosed shopping mall lay claim to Puchong first international branded hotel, the Hilton Gardens Inn as its anchor and is set to be the new landmark of Puchong when it starts operation in 2014. M Square offers facilities and services for meeting, incentives, conference and exhibitions segment combining business, lifestyle and world class accommodation in Puchong.

 

Millennia Mall

 

Next wave of Millennia City features the country’s largest covered street mall comprising 2.1 million square feet of double volume retail outlets and offices. Spanning over 23 acres, Millennia Mall showcases a 4 acre covered pedestrian walk and alfresco space, where promotional events and activities can be held uninterrupted by climatic shifts typical in our tropical climate. Even the walkways at Millennia Mall are protected by a series of cantilever roofs that stretches over the retail and office units, allowing continuous business activities come rain or shine. Business sustainability in Millennia Mall is further enhanced by energy efficient features and flexible operating hours. Incorporating the facilities of enclosed shopping malls with the flexibilities of traditional shops. Millennia Mall is set to provide shoppers with unparalleled shopping and dining experiences.

 

Upcoming Residential Development

 

The upcoming residential development in Millennia City is set to redefine urban living. Nestled next to the renowned Hilton Gardens Inn in close proximity to Millennia Mall for shopping and dining convenience, the project is thoughtfully designed to address the 3 tenets of urban living – energy efficient for environmental sustainability, a 3 tier security system for privacy, and Smart Home Integration System for convenience. This much anticipated residential development consists of only 86 units of semi-Detached town Villas and 402 units of condominiums.

 

Final Phase of the Development

 

The final phase of Millennia City comprises of Grade A offices and lakefront promenade, details shall be unveiled in the near future.

 

Highlight & New Features

 

Millennia City will be introducing many new features on its first.

 

1. Shopping arena of Millennia City is designed with external glass lifts to enhanced security providing maximum visibility to its occupants and shoppers.

 

2. Millennia City is equipped with State-of-Art security system and guarded with professionally trained security officers monitoring the premises 24-hour a day.

 

3. Single level sub-basement with 23ft high double volume ceiling openings for natural ventilation, capable of holding 3,250 cars, making it the biggest of its kind in the country.

 

The Developer

 

Millennium Land Sdn Bhd is a property development company incorporated in 1984. Its main project Millennia City, showcases a modern and high-tech township where IT and smart home technology is incorporated into homes, shops and offices enhancing the quality of living and business.

 

Corporate Vision -“To create landmark projects that complements and supports its surroundings”

 

Come visit us and call (03) 806 08188 or email: registry@desamillennia.com for our promotional package and information.

 

Source: iProperty

 

Invest In Greater KL

With the upward trend in property prices - especially, prime locations in Kuala Lumpur - it has become rather prohibitive to invest in real estate for most people.

Nevertheless, there are still desirable and relatively affordable locations to invest in the Klang Valley, which is also known as Greater Kuala Lumpur, with an area of 279,327 hectares.

According to the Economic Transformation Programme (ETP), the population of Greater Kuala Lumpur now stands at six million and is projected to grow to 10 million by 2020.

Therefore, Greater Kuala Lumpur offers huge market potential for property developers and buyers. 

Not only are new properties being developed but properties nowadays come with Green-status under Malaysia’s own certification scheme, known as the Green Building index (GBI). 

For example, developments such as Sunway Challis Damansara and Point 92 in Damansara Perdana.

The latest residential properties are even equipped with facilities to benefit the elderly. For instance, the Kinrara Dua development come with properties fitted with a Schindler home elevator.

Location, location, location

According to the Valuation and Property Services Department under the Finance Ministry, the house price index in the country increased by 7.5% in the second quarter (Q2) of this year compared to prices in the same period of last year.

So, which area is considered good for investment opportunities? Based on the latest property news and development reviews reported in StarProperty.my and the Star Online news portal, there are five locations worth considering.

Puchong

In 2013, Puchong will not just have its own waterfront project - a commercial centre - it will also be the first of its kind to be built in the Greater Kuala Lumpur region. Millenia City - which fronts a lake with a surface area that spans 200 acres - would be built on a 40.5-hectare prime land.

The crown jewel of this project would be M Square, a 38,000sq ft, six-storey mall which will be linked to a 2.1 million sq ft retail space comprising 13 blocks of six-storey retail and office units.

According to Millennium Land executive director Benjamin Tan, M Square will be the largest “alfresco mall” in the country and is poised to be the commercial heart of Puchong.

Rawang

Although it serves as the northern gateway to the Klang Valley, this small town has been overlooked by property buyers, mainly because of the “distance” to Kuala Lumpur and Petaling Jaya.

But its market potential has caught the attention of renowned developers such as the Mah Sing Group.

It is expected to experience rapid growth when Mah Sing launches its “starter home” series set within the price range aimed at first-time home buyers.

With the units priced from RM390,000 each, this township with freehold land of 91.4 hectares (226 acres) - called M Residence @ Rawang - will be launched as early as the first half of 2012.

According to Mah Sing chief executive officer Tan Sri Leong Hoy Kum, this township will consist of two-storey linked houses, semi-detached houses, townhouses, three-storey shops built with various amenities and facilities.

M Residence @ Rawang is located only five kilometres away from the Jusco shopping centre expected to be completed by the end of this year.

Sungai Buloh

Would you mind staying in an area which used to be the world’s second largest settlement for leprosy patients, established in the 1930s?

With the development of high-end residential properties in the Sungai Buloh locality - such as Sierramas, Valencia, Bukit Rahman Putra and Sunway Rahman Putra - the area is now a desirable residential address.

To maintain an air of exclusiveness, all these upscale properties are gated and guarded.

An established player in the property scene, Glomac Berhad has been active in this area for a decade now. One of their notable projects is Bandar Saujana Utama Township which spans over 405 hectares (1,000 acres) of land.

Residents enjoy vast expanse of greenery with landscaped parks and shimmering lakes plus amenities like the Bandar Saujana clubhouse.

Kota Damansara

Formerly a forest reserve, this locality in Greater Kuala Lumpur will certainly experience rapid growth.

It already has a fast growing population of 300,000 people.

Selangor State Development Corporation (PKNS) - the investment arm of the State government - owns the land in Kota Damansara and has allocated 607 hectares out of 1618 hectares for housing development.

The projects to be developed, can either be joint-ventures between the State government and the private sector or by private entities. One of the major projects earmarked here is by Encorp Bhd.

With a gross development value of RM 1.3 billion, Encorp is expected to complete another high-end, mixed development project called Encorp Strand located on 18 hectares.

Business suites with four-storey shop-offices, a 40-storey serviced apartment block that comes with a swimming pool, covered tennis court, gym and clubhouse have been planned.

Each property unit ranges from 55.7sq m to 232.2sq m and are located on top of a mall that comes with state-of-the art “climate control” boulevard. This project is scheduled to be completed by 2014.

According to Encorp group chief executive officer Yeoh Soo Ann, the company wants to position itself as one of the top 10 property developers in Malaysia within three years.

Shah Alam

Well-known property developer SP Setia has built many distinguished projects such as Setia Eco Park in Shah Alam. 

This award-winning project on 320 hectares of freehold land consists of 2,900 units of residential properties that cater to different segments of society.

Buyers have a choice of a semi-detached house or a bungalow with views of a lake or hill.

Creeks, waterways, lush walkways and landscaped parks are some of features that property buyers can expect when they invest here.

At present, there are 161 hectares left to be developed from the total of 320 hectares.

And the project is expected to be fully developed in the next four to six years.

Source: The Star

Millennia City Puchong

Property developer Millennium Land Sdn Bhd plans to build a integrated commercial complex worth RM1.5bil in gross develoment value called Millennia City in Puchong.

Millennium Land executive director Benjamin Tan said the Millennia City would be built on a 40.46ha and would comprise of M Square, a 380,000 sq ft self-enclosed six-storey shopping mall. The proposed development will be linked to the Hilton Garden Inn and a 2.1 million sq ft Street Mall.

“Upon completion, the Street Mall, comprising 13 blocks of six-storey retail and office units, will be the country’s largest alfresco mall and the commercial heartbeat of Puchong,” he said at the signing of management agreement with Hilton Worldwide yesterday.

M Square will feature a 1,200-seat convention hall offering facilities and services for meetings, incentives, conferences and exhibitions segment. Construction of the complex is due to begin this year.

Tan said the company planned to also include high-rise condominiums in the project.

He said Puchong was one of the fastest growing districts in terms of growth especially in three key areas – population, monthly household income and commercialisation, adding that the percentage of households in Puchong that earn incomes between RM7,000 and RM20,000 have risen from 3% to 87%.

Meanwhile, Tan said the agreement entailed the development of Hilton Garden Inn which will offer affordable accommodation to mid-market business and leisure travelers. “There has been a sharp increase in demand in recent years for mid-market hotels in Puchong.”

Source: The Star