Differences

This shows you the differences between two versions of the page.

--- broome_estate [2023/04/28 14:47] – [Zaman Perladangan (1900-1980-an)] sazli
+++ broome_estate [2023/04/28 15:29] (kini) – [2012-05-21: Perolehan Mah Sing, dari Boon Siew] sazli
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-====== Broome Estate ======
+====== Broome Estate (1906) ======
 ===== Dirujuk oleh =====
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 **Kiri**: Ladang Broome Sungai Buah, ditandakan hijau muda dalam peta tahun 1963 (Director of National Mapping, Malaysia, 1963 @ Australian National University: {{ :laman:open_research_malaysia_negri_sembilan_selangor_sepang_series_l7010_sheet_102_1963_1_63_360.pdf ||}}[[http://hdl.handle.net/1885/163817|"Malaysia, Negri Sembilan, Selangor, Sepang, Series: L7010, Sheet 102, 1963, 1:63 360"]]). \\ Disempadani oleh Sungai Semenyih di sebelah utara, [[hutan_bukit_tunggul#sungai_buah|Sungai Buah]] di sebelah barat, dan [[bukit_tunggu_estate|Ladang Bukit Tunggu]] serta [[landasan_rekoh_bangi|landasan keretapi]] di sebelah timur. \\
 **Kanan**: Sempadan asal Ladang Broome Sungai Buah, ditandakan hijau muda dalam peta kini ([[https://mapcarta.com/15903020|Mapcarta]]). Merangkumi [[https://ms.wikipedia.org/wiki/Bandar_Seri_Putra|Bandar Seri Putra]], [[https://en.wikipedia.org/wiki/Taman_Impian_Putra|Taman Impian Putra]], dan [[https://www.kuis.edu.my/|Kolej Universiti Islam Antarabangsa Selangor (KUIS)]].
+====== Zaman Pembangunan (1900-an - Kini) ======
+===== 2012-05-21: Perolehan Mah Sing, dari Boon Siew =====
+//"Mah Sing Group Bhd is buying 412 acres of freehold land near Bangi, Selangor which it plans to undertake a mixed township, focusing on double-storey link homes indicatively priced from RM530,000 onwards. It said on Monday it was acquiring the land at RM18.55 per square foot under its strategy to expand its landbank and under the project called Southville City. It said the 412 acres comprised of 408 acres of freehold land from Boon Siew Development Sdn Bhd for RM330.8mil and 4.0 acres leasehold land from an individual party. Mah Sing is planning a new interchange on the North South Highway just 2.5km from the existing Bangi interchange to allow direct access to the project. Its group managing director and group chief executive Tan Sri Leong Hoy Kum said: "The inherent appeal of the location along the North South Highway, proposed direct interchange and Mah Sing's expertise in township masterplanning makes Southville City a very exciting development to look forward to. "We believe our project offerings comprising residential and commercial products; mainly shops that meet market demand, complemented with extensive soft and hard landscaping, clubhouse and various facilities and amenities will do very well." Upon completion, the 412 acre project will be home to 17,500 people and provide a seamless, rounded lifestyle for different family sizes."// (The Star, Monday 21 May 2012: {{ :akhbar:mah_sing_buys_408_acres_bangi_land_from_boon_siew_devt_for_rm330m_the_star.pdf ||}}[[https://www.thestar.com.my/business/business-news/2012/05/21/mah-sing-buys-408-acres-bangi-land-from-boon-siew-devt-for-rm330m|"Mah Sing buys 408 acres Bangi land from Boon Siew Devt for RM330m"]]).
+//"Mah Sing Group Bhd's unit Tristar Acres Sdn Bhd has acquired eight parcels of freehold land in Bandar Baru Bangi measuring 408.254 acres for RM330.77 million for a township with a gross development value (GDV) worth RM2.15 billion. In a filing to Bursa Malaysia Securities Bhd on Monday, Mah Sing said its unit had entered into a sale and purchase agreement with Boon Siew Development Sdn Bhd to buy the land at RM18.60 per sq ft. It said the lands were strategically located in Bandar Baru Bangi, with prime frontage of 2km along both sides of the North South Highway. "To be called Southville City, the group intends to replicate the successful and proven concept of its self-sustaining townships, ie award winning projects such as Aman Perdana in Meru-Shah Alam, Kinrara Residence in Puchong, Garden Residence in Cyberjaya and M Residence@Rawang," it said. Mah Sing said the large piece of prime land fitted in well with its landbanking strategy of acquiring sizeable land for township development offering mainly affordable homes priced below RM1 million. The company said based on preliminary plans, the township was expected to be developed over four to five years, and the first phase of the development project will be mainly double storey link homes with indicative pricing from RM530,000 onwards. Other upgrader market properties such as linked semi-detached homes, semi-detached houses and bungalows are planned for later phases, its aid. Approximately 30% of the township was planned to comprise commercial components to enrich the living space and to add vibrancy to the township, it said. Mah Sing said Tristar would be submitting the relevant proposed development plans to relevant authorities for approval. "Therefore, it is too preliminary at this stage to ascertain the total development cost and the expected profits to be derived from the proposed development. Subject to authorities' approval, the proposed development is expected to commence by the first half of 2013. Awareness programme and registration of interest for Southville City are expected to commence in the third quarter of 2012," it said."// (EdgeProp, May 21, 2012: {{ :akhbar:mah_sing_unit_buys_land_for_rm330.77m_edgeprop.my.pdf ||}}[[https://www.edgeprop.my/content/mah-sing-unit-buys-land-rm33077m|"Mah Sing unit buys land for RM330.77m"]]).
+//"The low-profile Loh family rarely embarks on major asset divestments, at least none that are publicly known. The family, whose business is now in the hands of the third generation, is known to be conservative in preserving and growing the wealth passed down from the late Tan Sri Loh Boon Siew who made his fortunes from Honda. Hence, yesterday’s announcement by Mah Sing Group Bhd that it is acquiring some 408.24 acres (163.3ha) in Bangi from the family for RM330.76 million cash immediately caught attention. While the divestment is done by the Loh family’s private vehicle, Boon Siew Development Sdn Bhd, fund managers are nonetheless looking at asset-rich Oriental Holdings Bhd (OHB), the family’s listed flagship in Malaysia, for similar asset realisation exercise to unlock values and reinvest in faster growth business segments such as plantation."// (The Edge, May 22, 2012: {{ :akhbar:rare_asset_disposal_by_boon_siew_the_edge_markets.pdf ||}}[[https://www.theedgemarkets.com/article/rare-asset-disposal-boon-siew-0|"Rare asset disposal by Boon Siew"]]).
+//"Mah Sing Group Bhd’s active landbanking moves have seen the developer acquiring some RM1.08 billion worth of tracts across Malaysia in the last two years, including yesterday’s acquisition of 412 acres (165ha) in Selangor’s Bangi enclave of RM333.25 million principally from the Loh’s family. ... In a statement to the exchange yesterday, Mah Sing said the Bangi tracts, a portion of which fronts the North-South Highway, are expected to accommodate the developer’s planned RM2.15 billion township to be known as Southville City. Notable landmarks nearby include Universiti Kebangsaan Malaysia and the Sony factory. Mah Sing via its wholly-owned unit Tristar Acres Sdn Bhd is acquiring eight parcels of adjacent freehold land with a net area of 408.24 acres for RM330.77 million from Boon Siew Development Sdn Bhd. The company is also acquiring a nearby 4.12-acre leasehold tract for RM2.48 million from individual owner Wong Hong Foi. In square feet terms, these freehold and leasehold tracts have a combined area of 17.96 million sq ft which translates into a price of RM18.55 psf. ... The developer said its plans to finance the land acquisition and development cost for the Bangi tracts with internally-generated funds and bank loans. ... According to Mah Sing, the proposed land purchase is in tandem with its strategy to buy strategic larger tracts with the potential for township projects with high development value. Based on preliminary plans, the developer said it would set aside some 30% of Southville City for commercial development and that the initial phase of the project could see the construction of double-storey linked homes. The residential units will have an indicative price of RM530,000 onwards, it said. Looking ahead, the firm said it plans to develop semi-detached units and bungalows in subsequent phases of the project. "As close to 70% of the residential component will be priced below RM1 million, this proposed development will provide an opportunity for the group to balance and complement the group’s existing product portfolio to meet the strong market demand for bread and butter properties," Mah Sing said. In a note, RHB Research said Mah Sing’s latest land purchase at RM18.55 psf is "arguably reasonable", taking into account that the sites have a 2km stretch fronting the North-South Highway. ... "The land is now occupied by matured oil palm trees. Mah Sing plans to build a new interchange on the North-South Highway just 2.5km away from the existing Bangi interchange to allow direct access to its site. "Hence, including the infra cost, effective land price could be about RM20-RM21 psf," wrote RHB which values Mah Sing shares at RM2.10 with a "market perform" call. In a separate statement, Mah Sing group managing director and chief executive Tan Sri Leong Hoy Kum said with its latest land acquisition in Bangi, the developer has fulfilled 73% of its 2012 full-year landbanking goal of buying tracts which can generate a combined gross development value of RM5 billion."// (The Edge, May 22, 2012: {{ :akhbar:mah_sing_s_land_buying_since_2010_exceeds_rm1b_the_edge_markets.pdf ||}}[[https://www.theedgemarkets.com/article/mah-sing%E2%80%99s-land-buying-2010-exceeds-rm1b|"Mah Sing’s land buying since 2010 exceeds RM1b"]]).
+//"Southville City will be officially launched in 1H13. Phase 1 of the project will consist mainly of double-storey terraces priced from RM530,000 per unit onwards. Assuming a 25% pre-tax margin and 8-year development period, we expect a RM50 million net profit per year (or six sen earnings per share)."// (Maybank IB Research @ EdgeProp, May 22, 2012: {{ :akhbar:mah_sing_s_township_to_shore_up_growth_edgeprop.my.pdf ||}}[[https://www.edgeprop.my/content/mah-sings-township-shore-growth|"Mah Sing's township to shore up growth"]]).
+**LATAR PERISTIWA: [[southville_city|Southville City (2013)]]**