Piling and related foundation work has started on Jesselton Quay Central – CityPads. Work is expected to take until the end of the year to complete.
On schedule and moving forward. The piling points for all of Tower 1 are complete.
Mid-September and despite the poor weather work is progressing as scheduled.
The status of progress and moving forward.
Updates from March '18.
Latest Updates of Site Progress
Liow : Increasing number of tourist arrivals augurs well for state...
Liow : Increasing number of tourist arrivals augurs well for state
Kota Kinabalu: Sabah Ports Sdn Bhd Managing Director Ng Kiat Min revealed that after the...
Kota Kinabalu: Sabah Ports Sdn Bhd Managing Director Ng Kiat Min revealed that after the general cargo port operation is relocated to Sapangar Bay, Suria Group will then be undertaking the construction of a dedicated international cruise terminal at Kota Kinabalu Port. "That will serve as a marine gateway as well as second entry point to the heart of the city. Cruise Tourism is the 6th Entry Point Project ("EPP") under the Tourism National Key Economic Area (NKEA) which intends to improve Malaysia's competitiveness as a cruise destination," she said at the company's Customer Appreciation Dinner. According to her, Kota Kinabalu Port has been identified as one of the three ports alongside Penang and Klang as having the potential to contribute significantly to the Malaysian cruise industry. The dedicated cruise terminal at K.K will complement other SURIA Group developments such as Jesselton Quay and One Jesselton Waterfront. "Together with the adjacent Sabah International Convention Centre (SICC) and the KK Convention City, Kota Kinabalu will be a complete destination with world-class attractions, infrastructure, and leisure facilities." In this respect, playing a major role as the catalyst for growth in Sabah, SURIA Group is honoured to be a part of the highly transformative development in the State. "The initiatives undertaken by the Group will contribute significant spin-offs to the economy. The people of Sabah in particular will stand to benefit through the creation of job opportunities from the Group's involvement in its development projects." Looking towards the future, Ng said it is essential for Sabah Ports to find ways on how it can continuously add value. "Therefore, effective stakeholder and user engagement will always remain fundamental for Sabah Ports' progression. This is evident in last year's launching of Customer Day, an avenue for port users to communicate with port personnel. "Each year, we administer the customer satisfaction survey to hear customers' inputs and comments. These channels have aided us towards knowing our customers better and understanding their business requirements," she said. This year, there will be a survey of a larger percentage of customers so as to give a better gauge of how satisfied the customers are with Sabah Ports' services. "We appreciate good reviews and accept not so good reviews too. What is important to us is provide a platform for our users to be heard." Paying tribute to all customers, business partners, association and government agencies, Ng said each of them has made a contribution to SPSB's business. "Whether you are a forwarder or shipping agent or business chamber or trade association or represent a government agency, it is your support, your loyalty towards Sabah ports that makes all of you our top customers. "As SPSB looks to the future and embarks on more challenges, we look forward to your continued support and having you on board with us in our journey. Despite challenges, Sabah Ports' objective shall remain the same which is to provide services that meet customer expectations," she said. - Mary Chin
Minister of Tourism's updates KK...
Minister of Tourism's updates KK
Work In Progress...
Work In Progress
Latest JQ site photo ...
Latest JQ site photo
To All Our Friends & Family,
Wishing you a Prosperous Year of the Dog!!
From the Staff...
To All Our Friends & Family,
Wishing you a Prosperous Year of the Dog!!
From the Staff and Management of SBC Coporation
22 FEB 2018, KOTA KINABALU: Some 430,000 tourists from China visited Sabah last year and...
22 FEB 2018, KOTA KINABALU: Some 430,000 tourists from China visited Sabah last year and contributed more than RM1 billion in tourism receipts, with an average spending of over RM 2,500 per person.
Consul General of the People’s Republic of China in Kota Kinabalu, Liang Caide said around 60,000 Chinese tourists spent their Chinese New Year holidays in Sabah this year.
“Sabah has become one of the most popular travel destinations for Chinese tourists.
“There are more than 100 direct flights connecting Kota Kinabalu to various cities in China every week.”
At the same time, Liang said the number of Sabahans visiting China for business, tourism, visiting friends and relatives had increased.
“Last year, the Consulate General issued 25,000 Chinese visas,” he said at the Chinese New Year celebration organized by Kota Kinabalu Chinese Chamber of Commerce and Industry (KKCCCI) here yesterday.
Liang said the cooperation between China and Sabah had created vast opportunities.
“More and more China firms have ventured into infrastructure development, hotel and residential property development, durian plantation and various other projects in Sabah.”
He said the prospect was bright for exchanges and cooperation between Sabah and China in the future.
On another note, Liang said KKCCCI was one of the oldest Chinese associations in Sabah, with a history of over a century.
He hoped KKCCCI members would seize the opportunities arising from the Belt and Road development and continue to contribute towards the cooperation between Malaysia and China.
Meanwhile, KKCCCI president Datuk Michael Lui Yen Sang urged his members to utilize the chamber as a platform to consolidate and share resources in order to boost their competitiveness in the business arena.
Lui believed that a change in mindset was vital to keep up with the changing business trends and avoid being left out.
He said KKCCCI played a role as the bridge of communication between the government and the business sector.
As such, he said the chamber would continue to convey to the government key issues affecting the community and seek rectification on administrative deviations on behalf of the Chinese community and businesses.
Lui also said the chamber remained committed in promoting Chinese education and culture.
Additionally, he urged members to put more efforts into transforming KKCCCI into one of the most influential business organizations in the state.
He said the establishment of the chamber was to promote cooperation and collaboration among members, as well as to facilitate economic development and inculcate loyalty to the state and nation.
He said chamber members should actively participate in nation building and social development of our country.
“We pledge to continue our full support and assistance to the government in economic development and the promotion of unity and harmony among the ethnic groups.
“We are committed to work hand in hand with the government to ensure continuous political stability, economic progress and prosperity.”
On another note, Lui said the Chinese consulate had been actively promoting friendship between Malaysia and China since its inception.
He said Malaysia and China had established a comprehensive strategic partnership and now the bilateral relationship between both countries was the best in history.
Lui said the chamber would continue to render its cooperation and support to Liang to create a mutually beneficial and win-win outcome for both places.
KOTA KINABALU: Sabah Tourism Board,Suzaini Datuk Sabdin Ghani, meeting members from Ctrip, one of the...
KOTA KINABALU: Sabah Tourism Board,Suzaini Datuk Sabdin Ghani, meeting members from Ctrip, one of the China's leading online travel agents (pic).
Ctrip has total registered members of 260 million on website and Wechat. Ctrip provides an online platform for travellers to make bookings for accommodation and ticketing. According to Nicole Goh from Ctrip International Travel Malaysia Sdn Bhd, travellers' average spending for accommodation to Sabah is around RM1,000, with an estimated 40,000 room nights per month. Sabah received a total of 431,026 Chinese tourists last year.
Last year, Sabah Tourism together with Ctrip brought in Chinese bloggers to Sabah. This joint promotional activity successfully reached out to over 4 million people in China through its website. Through Ctrip and Silk Air, Sabah is penetrating into second-tier cities such as Chengdu and Changsha.
Sabah Tourism will continue the effort to work closely with Ctrip to promote and create awareness of Sabah through social media platforms.
The SICC is just 450m away from JQ...
The SICC is just 450m away from JQ
Event date on 16.02.2017 & 17.02.2017 in Magellan, Sutera Harbour...
Event date on 16.02.2017 & 17.02.2017 in Magellan, Sutera Harbour
Once overlooked as a destination for travellers, Sabah now ranks as a top 10 destination...
Once overlooked as a destination for travellers, Sabah now ranks as a top 10 destination for the more than 6 million people who went abroad this festive season.
It’s just after dinner on February 9, exactly a week before Lunar New Year. Lu...
It’s just after dinner on February 9, exactly a week before Lunar New Year. Lu Xie, a native of Ningbo, China, is nowhere near preparing for Chunyun, the annual Spring Festival travel rush.
Instead, she is holidaying 2,700km away from her hometown, off the coast of North Borneo in the east Malaysian port city of Kota Kinabalu.
In the midst of snapping dozens of sunset selfies at Jesselton ferry terminal to send home via WeChat, 26-year-old Lu tells This Week in Asia she wanted to “try something new” by travelling with her two friends instead of heading home ahead of the festive season.
How Malaysia’s golden goose of ecotourism, Sabah, keeps the visitors coming
The trio say they flew in from Shanghai – where they work – and were travelling independently, without the help of tour groups.
Sabah, the state where Kota Kinabalu is located, was an easy pick, Liu and her friends say, because it was just a five-hour flight away.
The East Malaysian state this month was named by the Chinese travel booking site Ctrip...
The East Malaysian state this month was named by the Chinese travel booking site Ctrip as one of the top 10 destinations for the estimated 6.5 million Chinese travellers who ventured abroad this festive season. 11 projects that show China’s influence over Malaysia – and could influence its electionOnce a sleepy town, Kota Kinabalu is now the epicentre of Sabah’s relentless tide of Chinese tourists – some 431,000 Chinese nationals visited the state last year, making up 35 per cent of all tourists. That figure was 75 per cent higher compared to 2015. “We are getting a lot more of the cosmopolitan types like [Liu],” Masidi tells This Week in Asia. “They speak some basic English, they are younger, and they know exactly what they want from the holiday so they just travel on their own without tour groups.”
While closer bilateral ties between Prime Minister Najib Razak’s administration and Beijing in recent years...
While closer bilateral ties between Prime Minister Najib Razak’s administration and Beijing in recent years have boosted tourist arrivals to the entire country – the government says 327,000 visas were issued to mainland Chinese for the 15-day Spring Festival alone – Masidi, who belongs to Najib’s ruling coalition, says Sabah was likely to benefit more than other states.
The local ethnic Chinese community in the state of 3.6 million people is larger than most other places in the country, and many of its tribal majority groups speak some Mandarin.
Malaysia’s economy just got a US$33 billion boost from China … so why the unhappiness?
Political observers say Sabah, one of two Malaysian states in Borneo, is largely insulated from the rising support for hardline Islam in the rest of the country.
“I like to say we are unique because we are ‘the best Malaysians’. We don't have any problem with racial harmony, and a lot of the non-Chinese here speak Chinese,” Masidi says.
“This gives a lot of confidence to the Chinese tourists because they feel they are at home … we speak the language but we don’t have the crowds or traffic jams and we have the cleanest air in Malaysia.
“Our beautiful scenery and islands make it perfect for their favourite activity: taking selfies.”
Gary Bowerman, a tourism consultant and author of a book on Chinese tourists, says Sabah did not “suddenly arrive on the Chinese radar”.
Arrivals to the state has been steadily growing, the Kuala Lumpur-based expert says, citing charter...
Arrivals to the state has been steadily growing, the Kuala Lumpur-based expert says, citing charter flights by Spring Airlines as far back as 2013.
Such flights are no longer a rarity – Masidi says thousands of Chinese tourists land in Sabah on flights fully chartered by tour groups during the Spring Festival as well as during the Golden Week holiday in October.
Bowerman says “the critical factor” driving growth in Chinese tourist arrivals to Sabah was air connectivity. Out of 186 international flights into Sabah each week, 86 are from China.
“Greater choice and frequency of flights is encouraging different type of travellers to visit – from package tourists to young adventurers, groups of friends to extended families and luxury travellers to business visitors adding leisure time to their trips,” Bowerman says.
Why are Chinese moving to Malaysia by the thousands?
Few Chinese tourists however go diving – the number one reason Western travellers visit Sabah. The Tunku Abdul Rahman Marine Park just off Kota Kinabalu, Sipadan Island to Sabah’s north as well as Layang-Layang to its west are home to some of the world’s top-ranked dive sites.
Several Chinese tourists who spoke to This Week in Asia at the Jesselton ferry terminal say they were going to the islands off Kota Kinabalu to relax on the beach, and had no plans to snorkel or dive.
Female Chinese tourists “are selfie queens,” boatman Ahmad Jais says in Malay and English. “They will go into the water just a little a bit to get a nice shot but they are wearing a full-length dress.”
Sabah’s tourism board, citing surveys, says “viewing natural scenery”, “relaxing by the beach” and “shopping” were the top three activities of Chinese tourists last year. Wildlife viewing in the lush Bornean rainforests – another favourite of non-Chinese travellers – was 11th on the list.
Masidi says Kota Kinabalu’s sleepy retail sector had found new wings thanks to the Chinese...
Masidi says Kota Kinabalu’s sleepy retail sector had found new wings thanks to the Chinese tourists.
The city’s main drag, Gaya Street and Pantai Street, are littered with tiny stalls peddling souvenirs as well as durian-flavoured sweets, biscuits and cakes.
Chinese tourists “are durian crazy … if they see signs about durian they will definitely at least enter the shop,” one shopkeeper says.
Boom time aside, is Sabah insulated from the occasional antics of Chinese tourists? Not quite, says Thomas More Willie, the chairman of the Sabah chapter of the Malaysia Association of Hotels.
“Of course like in other places in the world, we have some Chinese tourists misbehaving … but they are learning, and so are we in how best to accommodate their different culture,” says Willie, who is also the general manager of Kota Kinabalu’s Klagan Hotel.
The Chinese government in 2015 set up a “tourism blacklist” as part of efforts to name and shame misbehaving travellers.
That move came after a series of highly publicised episodes that included Chinese tourists carving inscriptions on an ancient Egyptian monument and hoarding prawns at a buffet in Thailand.
The odd misbehaving Chinese tourist is the least of concerns for Masidi. Instead his focus is to convince private investors – and Najib’s federal government – to pump more money into the state to capitalise on the Chinese tourism boom.
One of his main priorities is airport capacity.
The current single-terminal facility handled some 7.9...
One of his main priorities is airport capacity.
The current single-terminal facility handled some 7.9 million passengers last year, just 1.1 million short of its capacity. “This is something that we must tackle urgently or we will miss out on opportunities to build on our current success with the Chinese,” Masidi says.
What new ambassador means for China-Malaysia ties
Bowerman, the tourism industry expert, warns there could be downsides to relying too much on Chinese outbound demand, citing the “hugely damaging economic effect” on South Korea’s tourism industry after mainland tourists stayed away following a political spat between Seoul and Beijing in 2016.
“The overlap of politics, economics and tourism must be considered by all destinations because China has integrated outbound tourism into its foreign policymaking and trade negotiations.”
For now however, Sabah, once the runt of Malaysia’s tourism sector, will busk in its new-found glory as a top selfie paradise for Chinese tourists.
Dear friends and family in Kuching, Please come to visit us at Booth No. 22...
Dear friends and family in Kuching, Please come to visit us at Booth No. 22 this weekend's 1st Home & Property Roadshow 2018 at Boulevard Shopping Mall.
Columns for Zone A coming up nicely...
Columns for Zone A coming up nicely
KOTA KINABALU: Chief Minister Datuk Seri Musa Aman is confident the people will trust the...
KOTA KINABALU: Chief Minister Datuk Seri Musa Aman is confident the people will trust the Barisan Nasional (BN) and will not gamble with Sabah’s future in the 14th general election (GE14).
“Our voters are much more mature now and will assess the performance of the government and the opposition – whether they are sincere in serving the people or just out for power,” he said.
Musa said the key issue to be considered is has Barisan Nasional delivered on its promises over the last five years and made life better for the people.
“My government’s track record over the past 15 years is clear. We have brought political stability, improved community wellbeing and welfare of the people, peace and harmony, aggressively pushed Investments and growth to diversify the economy and raise incomes, paving the way for greater economic growth,” he said in an interview with CNBC Asia yesterday.
The Chief Minister was asked about his expectation for the upcoming general election.
He said that in the run-up to GE14, the spread of information and news through digital and social media made it critical for BN to ensure they are sharing their success stories online, while correcting the lies and fake news immediately.
“It’s important that the rural community understand and actually feel the impact of the development they have asked for.
“Sabah BN has worked very hard to ensure we listen to the people. We are confident the people trust us will not gamble with Sabah’s future,” he said.
On the current political landscape of Sabah, Musa said the political cooperation among the Barisan Nasional component parties is very good.
“My Cabinet ministers coming from the diverse communities across Sabah are working closely together to ensure the bridges we have built to maintain stability, peace and economic growth is maintained. This is the same team with me since 2009. Of course, we have our differences but I have always said there’s alway room for discussion to resolve whatever issues brought to the table.
“We have also maintained very close Sabah-Federal relations. Prime Minister Dato Seri Najib has been very attentive to Sabah’s needs and receptive to requests for Federal allocations for infrastructure projects (RM4.3 billion in 2017) in six different segments – housing, road, electricity and water facilities in the rural areas, poverty eradication programmes and other projects.
“A special committee set up in 2015 to address the Rights of Sabah in the Malaysia Agreement 1963 has focused on restoring Sabah rights fully. Significant progress has been made already. The PM himself has said that if Federal had inadvertently taken away those rights, they will be restored. He’s the first PM to even address this issue,” he pointed out.
During election season, he said it is normal to see all types of political pacts making all kinds of promises. Some new parties have been formed just to try their luck at the coming elections without clear long-term policies or strategies for betterment of Sabah. Disgruntled members of the opposition are now forming unholiest of alliances stirring up racial and religious sentiments.
Their irresponsible actions have potential to disunite and shake the foundations of the political stability, peace and economic prosperity Sabah has enjoyed over the past 15 years.
The rest of the interview
Can you tell us about the Economic landscape of Sabah?
• Sabah’s economy ranks number five among Malaysian states with a growth rate of 6.1% in 2015, the highest in Malaysia.
• GDP increase from RM59.3 billion in 2011 to RM73.8 billion in 2016,
• Our income has diversified away from primary commodities to services (30%), tourism (10%) and manufacturing (8%).
• We have increased Per Capita GDP from RM11,000 to RM20,000 between 2005 – 2017.
• Increase in median monthly household income from RM3,745 to RM4,110 between 2014 – 2016 putting Sabah ahead of other states.
• We have reduced hardcore poor (earning less than RM800 per month) from 25% to 5% between 2005 and 2017
• The Sabah’s Economic Blueprint – Halatuju Sabah that I launched in 2004, focusing on tourism, agriculture, manufacturing and human resource development is now bearing fruit.
• We established the Sabah Economic Development and Investment Authority (SEDIA) in 2008 and Sabah Development Corridor (SDC) was launched the same year.
• The infrastructure, property, oil and gas, manufacturing, plantation and tourism sectors will be main drivers and are growing at a healthy rate in Sabah over the past 15 years.
• They are prime movers of future state economic growth and will change the landscape of Sabah in coming years.
• Implementation of projects, such as the Pan-Borneo Highway, Sabah International Convention Centre (to be completed end 2018) and Tanjung Aru Eco Development will boost infrastructure, tourism and economic spinoffs in the state.
• Planning for youth entrepreneur development is underway. This is to create jobs and encourage entrepreneurship among Sabahans, an area that has been lacking over the years.
What are the opportunities ahead for Sabah
• Federal government has expanded provision of previously non-existent basic facilities such as electricity, better and new housing and roads and bridges in many rural areas.
• Focus has been given to sharing the state’s wealth with those in need in rural areas via programs such as building of new schools and provision of more community facilities.
• Illegal logging activities have been curbed, carbon footprint and environmental concerns vis a vis oil palm plantations and other heavy industries in Sabah have been given weight and supported.
• The focus to develop the oil and gas industry continues with the:
Sipitang Oil and Gas Industrial Park (SOGIP) – expected to create RM12 billion and generate 30,000 jobs by 2021; SAMUR Ammonia & Urea manufacturing plant (Petronas Chemicals), that will provide RM1.5 billion, generating 500 jobs; Kimanis 300 MW Power Plant Sabah Oil and Gas Terminal (SOGT) in Kimanis;
Sabah, Sarawak Gas Pipeline (SSGP) from Kimanis to Bintulu; Sabah also had a 20% equity in a Production Sharing Contract (PSC) together with Petronas Carigali & Sapura Kencana.
These are major developments for the oil and gas industry in Sabah and will create spinoffs in the surrounding areas.
• Palm Oil
We also realized that being the largest producer of CPO in Malaysia, we needed to shift our focus on downstream processing of oil palm. As such, we decided to set up the
Lahad Datu’s Palm Oil Industrial Cluster that is expected to generate 10,000 jobs by 2020 and Sandakan Palm Oil Industrial Cluster generating 1708 jobs
There’s also potential in agribusiness. So we developed the Keningau Integrated Livestock Valley (RM678 million investment) giving 1,000 jobs and investment by Annam Corporation subsidiary of Brunei Investment Agency
Meanwhile, the manufacturing sector recorded accumulated investment value of RM10.48 billion, creating 11,416 jobs from 2013 to June 2017 and Kota Kinabalu Industrial Park – RM4.7 billion investment – 23,000 jobs by 2020
5. Any other points to raise?
We have ensured no kidnappings in the Eastern Sabah Security Zone (Esszone), covering 1,400km of the east coast from Kudat to Tawau for the whole of 2017.
We are serious about the non-documented foreigners and worked very hard to deport 93,315 illegal immigrants between 2013 – 2017.
Communities of all races and religions have lived well together as they have been given more state allocations by the Sabah government for the building of many new mosques, churches and places of worship to foster harmony.
Allocations of RM333.99 million for Chinese schools and missionary schools and non-Islamic religious houses of worship in Sabah from 2004 to 2017.
In 2017 alone, I have approved financial aid to the tune of RM31.4 million to non-Islamic bodies and schools in 2017 which will benefit 551 religious bodies, including churches, Chinese temples, Hindu and Sikh places of worship, and Chinese and mission schools and kindergartens.
I and my colleagues in government and BN Sabah are very positive on the future of Sabah and are confident the voters and investors trust us to do what is best for them for the future for political stability, community harmony and economic prosperity.
KOTA KINABALU: Real ratings and comments by travellers are driving Sabah's property rankings upwards on...
KOTA KINABALU: Real ratings and comments by travellers are driving Sabah's property rankings upwards on the world's largest travel review website, TripAdvisor, in their 2018 Traveller's Choice Awards.
Top performing Shangri-La's Rasa Ria Resort is fifth best for Top 25 Luxury Hotels in Malaysia, whereas Lankayan Island Dive Resort is ninth place for Top to Small Hotels Malaysia.
Shangri-La Rasa Ria is also overall Top 25 Hotels in Malaysia (11). In service rankings, both Rasa Ria and Lakayan Island Resort are number 13 and 23 respectively in Malaysia. Upcoming operator Bike and Tours Bed & Breakfast (Lahad Datu) is the best in Malaysia for Top B&Bs and Inns Malaysia. Hotel Grandis is tenth best for Top 10 Value for Money Hotels.
Sabah is also recognized for Top 25 Hotels for Romance with seven properties listed namly; (10) Sepilok Nature Resort, sandakan; (18) Gaya Island Resort; (19) lankayan Island Dive Resort; (21) Eden 54; (23) Four Points by Sheraton, Sandakan; (24) The Reef Dive Resort (Mataking); and (25) Bunga Raya Island Resort.
Sabah Tourism General Manager Suzaini Sabdin Ghani said that the industry is competitive, as these are the kind of awards programs that are sought after now that travellers are making their own travel choices based on real comments and reviews shared on platforms like TripAdvisor.
"The properties mentioned are located all around Sabah from Kota Kinabalu to Lahad Datu to Sandakan which shows that even attractions all around Sabah are getting the exposure it deserves. STB encourrages the industry to target rankings that will make them and the destination truly visible." add Suzaini
KOTA KINABALU: Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan (pic) firmly...
KOTA KINABALU: Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan (pic) firmly believes that the proposed Bus Rapid Transit (BRT) system is the best option to solve traffic woes here.
Abdul Rahman, who is also Minister in charge of the Economic Planning Unit (EPU), said the BRT was the way forward in ensuring smooth traffic flow, especially in congestion-prone Kota Kinabalu.
He said this in response to claims by Junz Wong of Parti Warisan Sabah that they are able to offer a better solution to reduce traffic congestion by upgrading the minibus system.
"As much as upgrading the existing network of minibus system is important, after undertaking various studies under the Economic Planning Unit (EPU) and relevant agencies, I firmly believe that the BRT is the best option at present time," he said.
Rahman said Junz also accused him of not understanding the plight of ordinary Sabahans who use minibuses as a daily mode of transportation.
"The issue of having minibuses is not only a matter of reliability, punctuality or convenience to the commuters but also to solve the traffic congestion and to ensure buses are not caught in the middle of the traffic," said Rahman.
He said the Barisan Nasional government will always strive to find solutions but, on the other hand, Junz's new party Warisan will continue to complain without having a viable alternative solution to reduce the concerns of Sabahans.
"It is true that for Sabahans to enjoy a better public transportation system, they need to 'invest' more in the form of higher fares but rest assured the Government will ensure that the BRT fares will be within the affordable range for all Sabahans," he said.
He said apart from BRT, the Government has approved the upgrading of the constantly congested stretch between Indah Permai junction to Yayasan Sabah and straight to the Sabah International Convention Centre.
"This will eventually ease congestion along this road and at the same time guarantee the public of a smooth and efficient BRT journey."
Rahman said while the people of Sabah are ready and excited to move forward with this significant leap of public transportation system in this city, Junz and his party are still stuck behind and seem uncertain of what they have in mind.
"My advice to Junz is, if he has nothing else to convince the people of Sabah, try to convince them on how he can easily change his stance from labelling Tun Dr Mahathir Mohamad as mastermind behind Project IC to become his avid supporter and choice as Prime Minister."
Latest JQ site photo...
Latest JQ site photo
Gotong Royong at the Likas Bay on 28.04.18...
Gotong Royong at the Likas Bay on 28.04.18
KOTA KINABALU: With the increasing number of tourists comign to Sabah. particularly Kota Kinabalu, Sabah...
KOTA KINABALU: With the increasing number of tourists comign to Sabah. particularly Kota Kinabalu, Sabah Tourism Board has taken another step to enhance tourism by launching the Mobile Tourist Assistant 'Ask Mi'.
Tourism, Culture and Environment Ministry Permanent Secretary Datu Rosmadi Datu Sulai said there are tourists who would prefer to travel alone and with the establishment of Mobile Tourist Assistant, it plays an important role for this solo travellers.
"We hope with the introduction of the new mobile tourists assistants, we can at least show them the basic guidelines of visiting Sabah from the moment they leave the airport immigration to the time they reach popular places in Kota Kinabalu," he said.
He said this at the official launching of the Mobile Tourist Assistant 'Ask Mi' at Kota Kinabalu International Airport, here Sunday.
Rosmadi Added that Sabah should be made as an exemplary State in tourism and hospitality and with the hospitable nature of Sabahans, it is not impossible that one would opt for tourism promotion as a career.
Meanwhile for the mobile tourist assistant 'Ask Mi' (Mobile Information), the crew members of this newly established team will be stationed not only at the airport but also at Jesselton Point Jetty and selected shopping malls in Kota Kinabalu.
The new unit will be equipped with bilingual knowledge with some capable of speaking Mandarin, along with orange t-shirts and caps as well as sling-bags for their maps and brochure to guide Free Independence Traveller (FIT) as well as promote interesting palces that would be of interest to them.
Tower 1 and yellow Tower Crane now on site, ready to lift up to Level...
Tower 1 and yellow Tower Crane now on site, ready to lift up to Level 33.
KUALA LUMPUR: Malaysia is the ninth largest market worldwide for Chinese tourists' overseas spending as...
KUALA LUMPUR: Malaysia is the ninth largest market worldwide for Chinese tourists' overseas spending as recorded by Alipay, a third-party mobile and online payment platform offered by Ant Financial, an affiliate company of Alibaba Group.
The transactions, which was recorded during the May Day holiday period, also saw Malaysia beating more developed markets like the United States.
The three-day annual holiday, celebrated in China, saw Alipay process five times as many in-store transactions overseas than 2017.
"Despite only being introduced to Malaysia in May last year, the country made its mark by becoming one of the top ten countries for transactional volume recorded, with an average per-capita spend of 1,021.18 renminbi or RM635.97." it said.
Active in the local Malaysian e-wallet industry since its introduction, Alipay is now accepted in over 18,000 merchants nationwide, - Bernama.
The government has announced that as of the 1st June 2018, GST will be reduced...
The government has announced that as of the 1st June 2018, GST will be reduced to 0%. We would like to share with our buyers the implications moving forward:
1. As of 1st June, all future progressive billing tax invoices will show a 0% GST
2. The recent billing of schedule 2D which was issued 16th May, 1 day before the announcement, does include 6% GST. Unfortunately, due to corporate governance rules and regulation we are not able to retract this billing and defer to a later date. Buyers will still have to settle the amount inclusive of GST. However, we have been advised by our inhouse council, that due to the proximity of the date, we can write to the Ministry of Finance for a possible refund. We will be able to advise more at a later date.
3. Those in the process of signing their Sales and Purchase Agreements can continue to do so even though the purchase price includes the 6% GST component. The amendment will be made on the official tax invoice where GST will be set to 0%
4. Future Sales and Purchase Agreements will reflect the 0% GST.
Please do contact our office at 088 – 266336 or email [email protected] , if you need further clarification.
Latest site photo...
Latest site photo
KOTA KINABALU: More than half the 3.6 million tourists - 52.1 per cent - who...
KOTA KINABALU: More than half the 3.6 million tourists - 52.1 per cent - who visited Sabah last year did not go through tour packages but were Free Independent Travellers (FITs). Only some 28.9pc relied on tour packages.
Sabah Tourism will be able to focus more on this market segment through the Mobile Tourist Assistants programme known as "Ask Mi" (for Mobile Information) which was previously introduced at Kota Kinabalu International Airport.
The programme has now moved to Jesselton Point jetty and selected shopping malls namely Suria Sabah and Wisma Merdeka since June 1.
The objective of the "Ask Mi" programme is to serve and guide tourists with information, maps and brochures especially to foreign FITS (Free Independent Travellers) who prefer traveling without tour guides and exploring the city themselves.
This is an extended service of the tourist information counter at the Sabah Tourism office. Operating hours for jesselton Point will be from 8am to 5pm and shopping malls will be from 11am to 7pm.
"We hope with the extended service at Jesselton Point and shopping malls which started early June, will at least provide tourists with basic guidlines of visiting Sabah," said Suzaini Datuk Sabdin Ghani, General Manager of Sabah Tourism Board.
"This is also an opportunity for us to show our warm hospitality to visitors which will encourage them to visit Sabah again." Suzaini said.
We would like to wish all our Jesselton Quay family.......
We would like to wish all our Jesselton Quay family....
JQ-Central Site Progress Work...
JQ-Central Site Progress Work
PEAK TIMES NEW ISSUE 2018 PAGE 1...
PEAK TIMES NEW ISSUE 2018 PAGE 1
PEAK TIMES NEW ISSUE 2018 PAGE 2...
PEAK TIMES NEW ISSUE 2018 PAGE 2
PEAK TIMES NEW ISSUE 2018 PAGE 3...
PEAK TIMES NEW ISSUE 2018 PAGE 3
PEAK TIMES NEW ISSUE 2018 PAGE 4...
PEAK TIMES NEW ISSUE 2018 PAGE 4
Foreigners in Malaysia are either expatriates or tourists, and thus have been received with warm...
Foreigners in Malaysia are either expatriates or tourists, and thus have been received with warm welcomes when visiting our country. Now the Government is also encouraging these foreigners to choose to make Malaysia their second home, whether for long-term stay, retirement or investment purposes.
If you're reading this and you're a foreigner, before making any decisions, you would need to understand certain policies and legal fees imposed by the Government on property purchases. Therefore, this article serves to guide you through the properties available to foreigners, the minimum purchase value imposed by state authorities, and the property financing in Malaysia.
What kind of properties can foreigners own?
Foreign ownership of property is liberal (foreigners can even own 100% of the property) in Malaysia as long as minimum requirements are met. In law, foreigners can own any type of properties with the exception of:
1. Properties valued less than RM1 million
2. Low and medium cost residential units as defined by state authority
3. Properties standing on Malay Reserved land
4. Properties distributed to Bumiputera interest in any property development project as determined by state authority
Having said that, foreigners can easily own a bungalow, terrace house, condominium, flat, landed property, studio unit, commercial property, industrial property, agricultural land (except Malay Reserved Land) and industrial land (except Malay Reserved Land).
What is the minimum requirement for the property value?
Generally speaking, a minimum value of RM1 mil is applied to all kinds of property in every state. However, state authorities remain in power to amend the minimum value in the states that they control.
How can foreigners buy at a lower price?
Malaysia My Second Home (MM2H) programme is a programme tailored to foreigners who wish to stay in Malaysia for a long period of time (10-year visa). A large number of foreigners who used to work in Malaysia have already applied for this programme for their retirement in Malaysia.
Before putting in an application, foreigners below 50 years of age are required to prepare a minimum of RM500,000 in their Savings Account / Current Account / Fixed Deposit whereas those aged above 50 years of age need to have at least RM350,000 in similar accounts.
Despite the relatively high requirement, one clear advantage is that MM2H gives foreigners access to property with lower value.
Financing with home loan
The Margin of Finance (MOF) can go up to 80% for MM2H holders, while non-MM2H holders would generally get 70% MOF. In this matter, foreigners are usually better off taking loans from foreign banks in Malaysia. However, all these come with an exception when they are married to a Malaysian citizen. In this case, the spouse will be required to take part in the loan financing to enjoy MOF as high as 90%.
I’m a Singaporean / Singaporean PR and I own a HDB flat, can I buy private residential properties in Malaysia?
Readers who fall in this category might need to guard against the Singapore’s policy. According to HDB InfoWEB, those who own HDB flat can only buy both local and overseas private residential properties after 5 years since first possessing the flat, regardless of whether the flat is being transferred to others within the period. This is known as minimum-occupation-period (MOP).
As you may wonder, many policies are made to tackle the ballooning property price in major cities. Other than that, Malaysia is still a foreigner-friendly country with relatively cheap living costs. Make sure you are fully prepared with your funds and don't forget to enjoy the interesting life of mingling with the multi-racial community here in Malaysia!
Please visit us at Suria Sabah Shopping Mall, Ground Floor on 7th & 8th July...
Please visit us at Suria Sabah Shopping Mall, Ground Floor on 7th & 8th July 2018, 11am - 9pm. See you!
View from the North. Level 5...
View from the North. Level 5
KOTA KINABALU: A real estate expert had forecast a positive residential property outlook in the...
KOTA KINABALU: A real estate expert had forecast a positive residential property outlook in the Kota Kinabalu and Penampang areas in the foreseeable future.
Speaking during a talk here on Saturday. Twins Realty principal Wincent Saw said the transaction volume in Kota Kinabalu is recovering after a frop from the year 2013.
"Transaction volume dropped from 2,011 units sold in that year to only 1,144 units sold in 2016, but it has jumped to 1,748 last year, its highest ever, said Saw.
"Meanwhile, transaction value, totaling RM803 million in the year 2014, has been steadily falling and hit a low of RM569 million in 2016.
"However, it jumped to its highest level ever of RM984 million last year, showing sign of recovery."
The demand for residential property according to the expert, has also risen from 387 units in the first quarter of 2017 to 447 units in the corresponding period of this year, showing a 16pc increase.
From 2010 to 2017, the city area also saw an increase of 12pc in average property value appreciation, that is from RM310,160 in 2010 to RM562,956 last year.
"So property price are always going up in Kota Kinabalu," said Saw.
In Kota Kinabalu last year, Saw said 1,463 units were unsold out of transaction volume of 2,891 units.
"So, there was an overhang" means units that have remained unsold for than more than nine months since their launch.
The same pattern is observed in in Penampang, where the transaction volume has made a recovery and hit its highest level last year.
"The volume fell from 993 units in the year 2014 to 699 units in 2016, but then it rebounded to 1,044 units in 2017," reacalled Saw.
"The demand for Penampang residential property, like in KK, also rose from 204 units in the first quarter of 2017 to 308 units in the same quarter this year, giving a 51pc increase.
"The average residential price has steadily been going up from RM197,821 in 2010 to RM344,225 in 2017, giving an average appreciation of 11pc.
"We have forecast the average residential property price in Penampang to shoot up to RM393,530, up 13pc from the year 2010," said Saw, adding the overhang situation in Penampang stands at 9pc, much lower than that in Kota Kinabalu.
Responding to questions from the Daily Express, Saw said the difference between the overhang situations in Penampang and Kota Kinabalu is due to several factors.
"Residential property in Penampang is selling faster because of its wow factors, namely its proximity to the Pan Borneo Highway offering greater connectivity and also it's good place to stay," he explained.
"It's also more affordable in Penampang and some property in Penampang, including the ITCC (International Technology & Commercial Centre), have attracted buyers from as far as Sarawak."
Saw said the demand fro residential property in the two areas is good and the best time to buy.
He believes the new government is also a factor contributing to his positive outlook prediction.
"The new transparent government has vowed to use an open tender system for its projects." said Saw
"The government's flight against corruption, experienced Prime Minister and measures to reduce the cost of living augur well for the residential property scenario."
Great news for KK and our soon to come SICC...
Great news for KK and our soon to come SICC
Chinese tourist arrivals increase by 44.2pc....
Chinese tourist arrivals increase by 44.2pc.
Beijing group keen on investing RM2b in Sabah: CM...
Beijing group keen on investing RM2b in Sabah: CM
CRUISE SHIPS TO ADD TO THE EXCITEMENT OVER JESSELTON QUAY #jesseltonquay #jq #kotakinabalu #sabah #cruiseships...
CRUISE SHIPS TO ADD TO THE EXCITEMENT OVER JESSELTON QUAY #jesseltonquay #jq #kotakinabalu #sabah #cruiseships #sbc #excitement #touristhotspot
Kota Kinabalu: The State Government will engage experienced people to closely monitor the progress of...
Kota Kinabalu: The State Government will engage experienced people to closely monitor the progress of the RM850 million Sabah International Convention Centre's (SICC) construction and ensure it is completed next year.
Tower 1 - Level 17
Tower 2 - Level 2...
Tower 1 - Level 17
Tower 2 - Level 2
DISCLAIMER: The information contained herein is subject to change without notification as may be required by the relevant authorities, architect or consultants and cannot be construed in any way as a part of an offer or contract. Whilst every care has been taken in providing this information, the developer cannot be held liable for variations. All illustrations and pictures are artist’s impressions only and all items are subject to variation, modification or substitution.