An Aerial View of Bukit Mas - A High Class Bungalow Lot Development Adjacent to Taman Duta
Corporate History
Property development projects, being the major contributor of the Group's earnings, are the main business activities of the Group. The Group's management experience in property development dates back to 1965 when the Group Chairman, Tan Sri Dato' (Dr.) Tan Lai Kim, began his first venture into property development with the sale launch of single storey and double storey linked houses at Continental Park, Jalan Kuchai Lama, Kuala Lumpur under then Continental Construction Co. Ltd. (subsequently renamed as Continental Construction Co. Sdn Bhd).
In 1972, Tan Lai Kim Reality Sdn. Bhd. was incorporated to undertake the development of 24 acres of prestigious residential land at Taman Bukit Mas, off Taman Duta, Kuala Lumpur into 48 plots of prestigious bungalow lots. (Sales Value of RM3.5m).
By 1983, the Group had successfully completed two other property development projects, namely Damansara Kim in SS20, Petaling Jaya and Taman Dahlia in Cheras, Kuala Lumpur both comprises of a mixed development of 3-storey shophouses, 2-storey shophouses and 2-storey terrace. (Sales Value of RM16.5m).
Immediately after the mid 80s recession experienced by the nation, the Group was restructured to streamline its business activities into various functional divisions so as to achieve a more effective and efficient operations. Through the said restructuring exercise, Capital Land Sdn. Bhd. (CLSB) was reorganized to undertake all development projects of the Group. Since 1991, CLSB has either developed or managed the development of the following sites:-
2 Storey Linkhouses- Damansara KIM
3 Storey Shophouses - Damansara KIM
(1) From 1991 to 1994, successfully completed the sale and development of 354 units of 2 storey linkhouses (Sale Value of RM50.9m) and 21 units of 3 storey shophouses at Taman Bukit Mayang Emas, Section SS25, Petaling Jaya (Sales Value of RM20.0m).
3 Storey Shophouses
-Taman Bukit Mayang Emas
2 Storey Linkhouses
-Taman Bukit Mayang Emas
(2) Between 1993 to 1996, completed the sale and development of Mutiara Oriental Condominium comprising of 400 units of apartment units together with the club and recreational facilities at Taman Bukit Mayang Emas, Section SS25, Petaling Jaya.
(Sales Value of RM107.6m).
Mutiara Oriental Condominium
Mutiara Oriental Condominium
(3) Commenced in 1994 and completed in 1995 the development of 32 units of 3 storey terrace industrial cum office buildings at Jalan Sungei Besi for Messrs Capitol Realty Sdn. Bhd. (Sales Value of RM15.2m
Capitol Industrial Complex
(4) Launched in 1996, a homestead development project on part of 393 acres of land in Triang, Pahang. (Sales Value of RM42.0m).
Here, a comprehensive integrated resort development project is currently in the planning and authority approval stage, and will encompass gated communities of bangalow lots and villas, semi-detached homes, 32-acres recreational resort and spa, retail and F&B outlet.
Site Photo - Palm Grove
(5) From 1999 to 2000, successfully completed the sale and development of Phase I and II comprising of 290 units double storey terrace houses at Cheras Hartamas, Cheras, Kuala Lumpur.
(Sales Value of RM44.6m).
Double Storey Terrace Houses - Cheras Hartamas
(6) Commenced in 1999 and completed in the end of 2001, the development of 200 units of "Kempas" low medium cost at Cheras Hartamas, Cheras, Kuala Lumpur.
(Sales Value of RM14.4m).
Medium cost apartment - Cheras Hartamas
(7) 32 lots of "Bayu Mas" bungalow lots were offered for sale in May 2001 and has been sold out.
(Sales Value of RM17.6m).
Bayu Mas - Cheras Hartamas
(8) Launched "Cengal" medium cost apartments in August 2001. These 200 units of apartments has been completed in 2004.
(Sales Value of RM20.0m).
Cengal - Cheras Hartamas
(9) Launched "Danau Mas" semi detached houses of 112 units in September 2001.
Danaumas Hibiscus
(Sales Value of RM23.9m).
Danaumas Lily
(Sales Value of RM24.4m).
Danaumas Rose
(Sales Value of RM27.8m).
Danau Mas - Cheras Hartamas
(10) A proposed mixed development project on 87 acres of land in Puchong, Selangor.
Apartments
Launched by: Oct & Nov 2002
Completed by: 2005
Sales Value: RM11.5m & RM15.9m
Double Storey Terrace Houses
No. of units: 419
Launched by: 2002
Completed by: 2004
Sales Value: RM96.0m
Multi-Storey Link Homes
Kimcrest @ Puchong Hartamas with its array of superb multi-storey link homes featuring larger than normal floor spaces and airy layouts with top-of-the-line finishes has a value of over RM100 million. Fully sold and completed with CF in year 2007.
With only 246 units in total, this Gated & Guarded development will be the most exclusive development in the entire Puchong.
(11) Development of both Jati and Meranti Apartments in Puchong Hartamas. Successfully launched in October and November 2002 respectively. These apartments has been successfully completed in 2005.
Jati Apartments
(Sales Value of RM11.5m)
Meranti Apartments
(Sales Value of RM15.9m)
Jati Apartments
Meranti Apartments
(12) Vistamas is an exclusive housing enclave with only 35 units of luxurious Bungalows that comes with a common swimming pool for the exclusive use of the residence.
The gross development value of this project is RM70 million. The project is completed with Certificate of Fitness for Occupation(CF) in year 2007.
