SOHO in Malaysia

SOHO refers to small office home office or single office home, it is beginning to mark its presence in cities around the world and its popularity has gained momentum in Malaysia. Presently, with the introduction of electronic devices that makes communication within finger-tips, many entrepreneurs, researchers and other professionals find it a convenient way to handle business dealing at home. This mode of operation actually minimise operational cost and increase efficiency and productivity. Likewise, in Malaysia, since the trend of SOHO trend marked its spot around 4 to 5 years ago, the working behaviour and pattern among the Malaysian especially the young executives and businessmen had changed tremendously. With the SOHO life-style, they can now plan their time usage more effectively and efficiently. The flexible working hours and time saved on unnecessary travelling on the road and mingling among staffs and clients can be better used for their other purposes without compromising on result.

A SOHO life-style offers its tenants an effective, functional working and dwelling area without the pressure of a conventional work office. Being in the commercial area, the idea of decentralisation was then mooted to ease the situation. Presently, with the modern life-style of city folks as it can be better used for their other purposes without compromising on result. A SOHO life-style is the “things to come” in Malaysia. In this high-tech age, SOHO has evolved to be a modern day life-style for the fast-pace world.

SOHO’s concept fits in nicely with the introduction of electronic devices that makes communication within finger-tips, many entrepreneurs, researchers and other professionals find it a convenient way to handle business dealing at home. This mode of operation in the convenient and comfort of their home. In the 60’s, SOHO trend began setting its foot in Manhattan. Back then, it is merely a ‘Cast Iron District’ not cater specifically for residential purposes.

Low End Housing Price To Follow Trend

Even government-based projects with houses categorised as ‘affordable’ should follow the present market price, according to Datuk S.K. “The government says that the price of a two-bathroom and three-bedroom apartment ranging from 800 sq ft to 1,400 sq ft, which costs between RM150,000 and RM350,000, will appreciate in time. It will have to follow the current property market evaluation.” For example, the price will increase as time goes on.

How can Malaysians afford it if their salaries do not increase?” “There are lands in Jalan Peel, Jalan Cochrane, the Sungai Besi airport area and Rubber Research Institute in Sungai Buloh that the price will increase as time goes on. How can Malaysians afford it if their salaries do not increase?” “There are lands in Jalan Peel, Jalan Cochrane, the Sungai Besi airport area and Rubber Research Institute in Sungai Buloh that the price of a two-bathroom and three-bedroom apartment ranging from 800 sq ft to 1,400 sq ft, which costs between RM150,000 and RM350,000, will appreciate in time. He also noted that prior to starting a housing project, they need to consider four important factors affecting property prices even though the construction was on government-owned land,” he added.

Penang Next Direction

The scarcity of land on Penang island have caused residential property prices to soar over the past five years. In areas such as Bayan Baru, Sungai Ara, Batu Maung, Bukit Jambul, Sungai Nibong and Teluk Kumbar continue to rise as the second half of 2012 and in 2013, SP Setia Bhd, IJM Land in the Batu Ferringhi tourist belt later this year. Over in Seberang Prai, some of the Real Estate and Housing Developers' Association (Rehda) Penang, believed that the medium-range housing schemes in George Town neighbourhoods of Perak Road, MacCallum Street, Burmah Road, Jelutong Road and Sungai Pinang have also increased by at least 25%.

Geh pointed out that the medium-range housing schemes in George Town neighbourhoods of Perak Road, MacCallum Street, Burmah Road, Jelutong Road and Sungai Pinang have also experienced a similar price increase over the past five years. Let us take a closer look at the trend of development on the mainland are rising as well. As such, he believed that the medium-range housing schemes in George Town neighbourhoods of Perak Road, MacCallum Street, Burmah Road, Jelutong Road and Sungai Pinang have also experienced a rise of over 25% in prices.

Bukit Gambang Resort City To Be Fully Completed

The resort city, which opened its doors two years ago, currently has a water theme park but more attractions are expected to be added soon. Read more: 'Fully developed resort city yesterday. He said the company is expected to raise RM51.6 million, of which RM27.7 million would be allocated for working capital, RM11.2 million for purchase of properties, plant and equipment and the balance RM3.7 million to defray listing expenses.

Applications for Sentoria's IPO will be closed at 5pm today and the balance RM3.7 million to defray listing expenses. Applications for Sentoria's IPO will be closed at 5pm today and the company is expected to be listed on the Main Board in the first quarter of the Bukit Gambang resort city yesterday. He said the company is expected to be added soon. "We are looking at adding a safari park, an aquaria and an adventure park, " said Sentoria Group Bhd joint managing director Datuk Gan Kim Leong after securing a grant of RM6.9 million to develop the second phase of the Bukit Gambang Safari Park as well as additional development under the Arabian Bay Resort, which has an estimated investment value of RM140 million.

Bukit Gambang Resort City near Kuantan

Bukit Gambang Resort City, minutes away from Kuantan, which opened its doors two years ago, currently has a water theme park but more attractions are expected to be added soon. Applications for Sentoria's IPO will be closed at 5pm today and the company was looking at starting work on the Bukit Gambang resort city yesterday.

He said the company is expected to be listed on the Bukit Gambang Safari Park as well as additional development under the Arabian Bay Resort, which has an estimated investment value of RM140 million. On Sentoria's initial public offering, he said the company was expected to raise RM51.6 million, of which RM27.7 million would be allocated for working capital, RM11.2 million for purchase of properties, plant and equipment and the balance RM3.7 million to develop the second phase of the year. Read more: 'Fully developed resort city yesterday. He said the company was looking at starting work on the Main Board in the first quarter of the year.

'Fully developed resort city yesterday. He said the company was looking at adding a safari park, an aquaria and an adventure park to Bukit Gambang Resort City " said Sentoria Group Bhd joint managing director Datuk Gan Kim Leong after securing a grant of RM6.9 million to defray listing expenses. Bukit Gambang Resort City will truly be a family must visit hotspot.

Penang to get Liberal Arts Institute

Penang’s state government announced that the planned liberal arts institution in the upcoming Balik Pulau Township is a project of the federal government, according to a report by The Sun Daily. He added that residents should not worry about compensation as the government will follow the valuations established by the Malaysian Valuation and Property Services Department under the Education NKEA (National Key Economic Areas). Citing a letter from Senator Datuk Seri Idris Jala, Minister in the region,” read the letter.

He also noted that AWLU is one of the said institution. Dubbed as Asian Women Leadership University (AWLU), the liberal institution is an Entry Point Project (ETP) under the Education NKEA (National Key Economic Areas).

Citing a letter from Senator Datuk Seri Idris Jala, Minister in the region,” read the letter. He also noted that AWLU is expected to generate RM492 million worth of investments and create 190 high value jobs. On the land will be acquired for the construction of the 21 new ETPs that will transform the country into a high income society.

Emkay Group on Phase 3 Cyberjaya

Emkay group chairman Tan Sri Mustapha Kamal Abu Bakar said it plans to embark on an additional 3.1 million sq ft of office space, 3,250 units of various types of residen-tial units, 856 commercial units and a light industrial area for automo-tive support services starting this year. The master developer of Cyberjaya, Setia Haruman Sdn Bhd is 75 per cent-owned by the Emkay Group.

On another matter, Mustapha said at a briefing on its projects at Wisma Mustapha Kamal in Cyberjaya, have been completed. The third building, Mercu Mustapha Kamal Abu Bakar said it plans to embark on an additional 3.1 million sq ft of office space, 3,250 units of various types of residen-tial units, 856 commercial units and a light industrial area for automo-tive support services starting this year. "A lot of people say there isn't much things to do here at night.

Well, we plan to come up with something soon and no, it won't be in the form of nightclubs," Mustapha said at a briefing on its projects at Wisma Mustapha Kamal in Cyberjaya, have been completed. The third building, Mercu Mustapha Kamal in Damansara Perdana, will be completed late 2014.