FREE COPY ISSUE 15 | NOV 2013
KDN : PP17797/06/2012(032765) | MICA : MCI(P) 099/06/2013
Official Newspaper
The Iskandarian is a public-private collaborative product of IMSF Roundtable by IRDA’s Social Development Division
LEGOLAND Water Park Preview
Largest Water Park in the world had a Media Family & Friends Fun Day pg 11
www.facebook.com/theiskandarian
email: admin@theiskandarian.com
The Iskandarian Monthly Drill
We get in touch with CEOs and Chairmen of organisations and drill them with questions pg 9 website/download : www.theiskandarian.com
Plagued-ground or Playground?
The Iskandarian Do you have news that needs to be highlighted in Iskandar Malaysia’s FREE Official Community Monthly Newspaper?
Community: With the emergence of multiple theme parks in Johor Bahru, simple everyday community amenities such as playgrounds come under scrutiny
contact us: admin@theiskandarian.com
Scan here for PDF Download
INSIDE
By Priya Manikam & Zarakay newsdesk@theiskandarian.com
A
A common sorry sight of playgrounds around Johor Bahru
ctivities abuzz with children playing and adults utilising the facilities is supposed to be the norm imagery of any playground, unfortunately this imagery is abruptly ended when playgrounds are visited. Currently there are about 233 residential areas in JB that falls under the jurisdiction of MBJB who are tasked with maintaining the playgrounds. Out of these residential areas, not all have playgrounds. An annual budget of RM 1.5 million is allotted for maintenance purpose
and it’s divided amongst these residential areas but at times, areas with larger playgrounds may require a bigger sum of up to RM50,000 for the purpose of maintenance and replacement of broken equipments. Maintenance is done through contracts tendered by MBJB. MBJB together with Perbadanan Pengurusan Sisa Pepejal Dan Pembersihan Awam (PPSPA) also ensure the public cleanliness and grass trimmings are done accordingly in these playgrounds. Continued on page 4
IRDA : ISKANDAR MALAYSIA Trademark Notice >>PAGE 2
>>PAGE 3
page
The Iskandarian
Pickup points TOURISM CENTRES: • Johor Tourist Information Centre @ JOTIC • Kiosk Pelancongan MBJB @ Jln Tun Sri Lanang • Tourism Malaysia Tourist Information Centre @ JB CIQ COMPLEX & JB SENTRAL INFORMATION COUNTERS: • Senai Airport • Columbia Asia Hospital • Regency Specialist Hospital • KFCH • Raffles University Iskandar OFFICE LOBBIES: • City Plaza Tower • Menara Pelangi • Bangunan Pelangi • UDA Angsana Sdn. Bhd. • Menara Landmark • Leisure Farm • KCC The Senai Garden • JBCCCI • IMCCCI • Iskandar Regional Development Authority (IRDA) • Iskandar Investment Bhd (IIB) • Iskandar Waterfront (iwh) EATERIES (F&B): • Annalakshmi • 8Lido • Tutti Frutti • BierHaus HOTELS: • Renaissance Johor Bahru Hotel • Thistle Johor Bahru Hotel • The ZON Regency Hotel • Hotel Granada • Traders Hotel • Pariss Hotel Many other participating hotels Gated & Guarded Communities and Others:
02
news
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
ISKANDAR MALAYSIA
Trademark Notice
T
he ISKANDAR MALAYSIA logo and its variants as depicted inset (‘ISKANDAR MALAYSIA Trade Marks’) are valuable intellectual property rights. The ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (‘IRDA’), a statutory body established pursuant to Act664 and having its main office at #G01, Block 8, Danga Bay, Jalan Skudai, 80200 Johor Bahru, Johor Darul Takzim is the custodian and guardian of the ISKANDAR MALAYSIA Trade Marks. Notice is hereby given to the trade and public that IRDA is the registered proprietor and common law owner of the ISKANDAR MALAYSIA Trade Marks in Malaysia. It has come to the knowledge of IRDA that certain persons and entities are using the ISKANDAR MALAYSIA Trade Marks in connection with their trade and business without IRDA’s authorisation. Such unauthorised acts constitute trade mark infringement and/ or passing-off. The trade and public are hereby adviced that any person, firm or company found to be using the ISKANDAR
(inset) ISKANDAR MALAYSIA registered logos and marks MALAYSIA Trade Marks or any other mark which is deceptively or confusingly similar thereto, without authorisation of IRDA, in the course of its trade or business can be liable to legal proceedings being instituted against them. Take notice that IRDA will not hesitate to enforce its intellectual property rights in respect of the ISKANDAR MALAYSIA Trade Marks including commencing legal proceedings, seeking
injunctive relief, damages and legal costs against any unauthorised third party use. For further information, please contact: Rahmat Lim & Partners Level 33, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Malaysia www.rahmatlim.com Solicitors for IRDA
HIGHLIGHTS
O ur P artners
FREE COPY ISSUE 15 | NOV 2013
• Taman Molek Zone 3, • Tmn Impian Emas Jln 60-70 • Yong Ming Motors (Tampoi) SINGAPORE: • Tourism Malaysia • Raffles Also available for pick-up at Selected Taxis & Busses And at various Associations Want to become a distribution point? Email us today at: admin@theiskandarian.com
Kg. Peta Eco Ride Johor 2013 to Taman Negara, Endau – Rompin, Mersing by Ministry of Tourism (pic by Johor Tourism)
Hotlines Johor Police HQ 07-221 2999 / 07-225 4499
JB North Police IPD 07-556 3122
Ministry of Tourism (Johor) 07-223 3171
Tourism Malaysia Johor 07-222 3590 / 91
Immigration 07-224 4233
JB South Police IPD 07-2218 999
Nusajaya Police IPD 07-511 4222
Tourism Malaysia Hotline 1300 88 5050
Johor Tourism 07-223 4935 / 224 9960
Senai International Airport 07-599 4500
Iskandar Regional Development Authority (IRDA) 07-233 3000
Please recycle this newspaper after reading. Thank you Published by True Soul Entertainment [14, Jln. Selasih 10, Taman Kemas, 81200, Johor Bahru] Printed by Percetakan Gemilang Sinar/Gan Seng Printing(M) Sdn.Bhd. [No.100, Jalan Tampoi, 81200, Johor Bahru] Copyright of articles, contributions and photos which are published by The Iskandarian is the property of True Soul Entertainment. The Iskandarian does its best to ensure the authenticity and accuracy of its contents, the publisher cannot accept any responsibilities for errors, mistakes and inaccuracies. The publisher reserves the rights of this product and no part of this publication may be reproduced in any form or by any means without the permission of the publisher.
FREE COPY ISSUE 15 | NOV 2013
page
03
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
The Iskandarian
Do’s & Don’ts With Iskandar Malaysia aspiring to reach greater heights, The Iskandarian citizens are key players in helping Iskandar Malaysia reach greater heights, and can do so by first making the change within ourselves. A first class mentality has to be instilled where we accept nothing less than top notch performance in all things. To prepare ourselves for that, here is a quick recommended guideline on the Do’s and Don’ts. This will be a monthly column to showcase the good, the bad and the ugly of fellow Iskandarians.
YOUTH’S PERSPECTIVE ON
Iskandar Malaysia
The Iskandarian speaks to everyday teens to derive their suggestions and opinions about Iskandar Malaysia. The Iskandarian also invites all youths to share your thoughts with us via email at: newsdesk@theiskandarian.com What kind of entertainment do you prefer? I usually prefer any form of musical entertainment. What kind of family holiday destination do you usually look forward to? A place with fun and leisure activities targeted at my generation. LEGOLAND Malaysia here in Iskandar Malaysia is the first LEGOLAND in Asia. As a consumer and member of the public, what are your feelings about this? I am definitely proud of this achievement here.
An expensive lesson served however street vigilantism is not condoned either! -Submitted by Shahreza Hamdan (Danga City Mall)
Snap your thoughts and send in pictures to our Do’s & Don’ts segment today: newsdesk@theiskandarian.com
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
How do you see Johor before and now (with the development of Iskandar Malaysia)? I have seen a lot of developments compared to before and it is good for a growing and developing society. As a youth, how do you see yourself contributing to the growth of the leisure and tourism sector in Iskandar Malaysia? I’d like to give my full support to the projects that have come up here.
What other kinds of leisure projects and developments would you like to see in future? I would love to see a Water Park here and I believe this wish has become a reality thanks to LEGOLAND Malaysia. What does it mean for the youth in Iskandar Malaysia to see so many leisure and tourism products coming up? It is a good improvement and gives us something more meaningful to look forward to.
Noor Amierazatykan Ayob Age:17
Chellam is an everyday Joe encountering the trials and tribulations of everyday folks. Chellam’s encounters aren’t merely for comic relief but more to instigate mindset change. Email us if you have any suggestions: newsdesk@theiskandarian.com
FREE COPY ISSUE 15 | NOV 2013
page
04
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
from cover page
For new residential areas, the developer has to compulsorily submit a plan which includes building of a playground for CFO (certificate of fitness for occupation) approval. MBJB would also conduct inspections if a playground is built accordingly and exists based on the submission by the developer. For errant developers who fail to comply, the CFO would not be approved. Therefore, it gives all developers no choice but to adhere to the guidelines stipulated by MBJB. Every development must also maintain at least up to 10% of ‘Green Area’/Green Lung.
“Vandalism, fire “An annual and theft of steels are major problems faced budget of RM 1.5 by MBJB and on several million is allotted occasions, especially in smaller areas, we have for maintenance replaced many damaged purpose and it’s or broken equipments repeatedly. In most divided amongst scenarios, vandalism these residential is always caused by irresponsible adults and areas” it is not easy to maintain these areas,” said a source from MBJB’s Landscape Department. “There are also cases of garbage being dumped at playgrounds and scenarios where the playgrounds are used as alcohol consumption rendezvous point with broken bottles greeting the playground patrons creating a hazardous environment for all.” Perhaps a more strict approach is needed with penalties being imposed on errant park users to curb such appalling behaviour. As for free public parks, replacements and maintenance recently took place at Hutan Bandar and Taman Merdeka, providing better facilities to the patrons. So far no decisions have been made to build more public parks as MBJB would need a wide land space of 10 hectares. Those wishing to lodge complaints regarding broken equipments, maintenance or vandalism, call MBJB’s Hotline at 1300 88 0146 or 2198062/2282570/2282638 for further The public has to take responsibility of their parks and playground as it’s their residential asset assistance.
FESKO 51 UNIVERSITI TEKNOLOGI MALAYSIA’S BIGGEST FESTIVAL
U
niversiti Teknologi Malaysia (UTM) Convocation Festival or Fesko 51 is the biggest event organised by the undergraduate students. This event is done twice a year to celebrate the achievement of the final year students who graduated in their respective fields of study at UTM. The Student Representative Council became the backbone that ensured this glorious event to run smoothly from the 23rd to 30th October. Fesko 51 trained all the undergraduate students to become a part of this organisation that have the responsibility in making this festival a success. Besides that, Fesko 51 gave the exposure to the students to participate in the biggest festival held at the University
where they also gained new experiences and enhanced their generic skills and improved their time management. The students also got to expand their networking within the University with the authorities they were working with throughout the process of handling this event. On top of that, students got an opportunity to promote their University to the community together with the companies that participated in this event. The participating companies were from the corporate, food and local and automobile industry that got to promote their products to the attendees as well. Fesko 51 became a stepping stone for these companies to expand their products to a larger community and overall the festival was a huge success.
The Iskandarian Issue 15 | NOV 2013 Advertisement
news LEARNING THE ART OF COMPOSING MUSIC FREE COPY ISSUE 15 | NOV 2013
page
06
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
Highlight: Iskandar Investment Berhad (IIB) initiate a CSR activity to inspire future musicians
M
oscowfish trio conducted music workshops for over 400 primary school students from 5 schools over the span of 5 days under the “Inspiring Students Through Arts”, a CSR Initiative by Iskandar Investment Berhad (IIB) to illustrate the simplicity of song writing and music composition. Through this workshop, Iskandar Investment Berhad (IIB) is hoping that the students will be inspired to bring out their inner most potential in music creativity as well as the understanding of the technical know-how. Ted Hall and Ea Birkett, the husband and wife duo originally from Canada and Kenny originally from Sweden are currently based in the small island of Koh Phangan in the Gulf of Thailand, where they create, record and produce their new music giving a solid twist on the conventional. They have dug deeply into the roots of creating and performing excellent music with the simplicity of 1 or 2 guitars, voices and harmonicas. During the workshop, the trio shared their knowledge of creating original, emotional and beautiful music using their unique touch helping students delve deeper
into the specifics of electronic music creation whilst understanding the technical aspects involved. The students were divided into groups where each group created their own music using the techniques taught. At the end of the session, Moscowfish showed the students that they can combine the three different music pieces into a single piece of beautiful
music. This is a great way to encourage them to exercise their creativity and imagination. The goal of the workshop is to demystify the process by sharing the tips and the tricks to turn raw melodies or words into something beautiful in a simplistic way using easily available technology. It will help aspiring musicians pick up a tip or two in composing their own songs.
“I had no idea that I would be so talented at creating my own music. Once you know how, it really is quite simple.” said one of the students participating in the workshop. IIB is now working with the trio to organize workshops for levels 1, 2 & 3 to ensure that the knowledge is passed on and sustained among the students and future talented young musicians.
IRDA’s Social Development Division’s second year running Iskandar Learning Festival 2013 (ILF2013) which saw participants from all races and educational backgrounds coming together to better themselves through training and development tracks offered for free for one week. pic by: Zarakay
FREE COPY ISSUE 15 | NOV 2013
page
07
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
First ever Ecoparty at Galleria@Kotaraya which brought together respected minds in ecological science in conjunction with Iskandar Malaysia Ecotourism Summit 2013. Read more on page 13 pic by: Zarakay
Cycosports Desaru Road Race
pic by Cycosports
O
n 5th October, an inaugural cycling event was organised by Cycosports Pte Ltd, Singapore through the support of several sponsors including Johor Tourism Board, at the Lotus Desaru Beach Resort and Spa. About 170 cyclists of 24 nationalities participated in this event which had 4 separate categories. Kristjan Snorrason of Cannasia took the Category 1 elite men’s title, crossing the line on his own to triumph in an impressive style and claimed the huge $2,500 (about RM6250) first prize. The combined Cat 3/Women’s contest produced some equally exciting action with Faizal Bin Mohamad of the local Malaysian SSTMI team claiming the men’s crown from a sprint finish.
Overall, the event was successful especially giving the Singaporean cycling community a safe and competitive road racing circuit. There has been a strong call for Cycosports to build on the success of the 2013 event to host an even larger event in 2014 complete with a second day Gran Fondo style fun ride and to market the event more to the Malaysian cycling community. Cycosports intends to work with Tourism Malaysia to promote the 2014 Desaru Road Race to a much wider audience. CycoSports was founded by Gavin Kramer and Kent McCallum, two passionate cyclists that live in Singapore. Each brings an excellent knowledge of the local cycling scene and brings a wealth of management experience to the company.
The Iskandarian Issue 15 | NOV 2013 Advertisement
FREE COPY ISSUE 15 | NOV 2013
page
09
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
The Iskandarian Monthly Drill
The Iskandarian aspires to be the voice of the rakyat and with that in mind, our Editor has designated this column to be a monthly feature where we get in touch with CEOs and Chairmen of organisations and drill them with questions that is in the mind of our readers. If you have anyone in mind or would like us to pose a particular question, feel free to drop us an email: admin@theiskandarian.com. Login to www.facebook.com/TheIskandarian to find out who will be on the next Drill board. Joining the Drill this month is CEO, Ed Cheong from Rafflesland Capital Group
Your firm, Rafflesland Capital, is a leader in property wealth management and advisory. Tell us more how did you first get involved in Iskandar investment? First of all, let me express my appreciation to The Iskandarian for this interview. As fund managers, we scour the world for emerging growth markets and Asia presents many such opportunities but Iskandar’s story stands out extraordinarily to us. It’s a high growth and low risk premium market because it complements Singapore, the world’s fastest growing financial hub. Our research convicts us that the Singapore-Iskandar nexus will succeed beyond expectations due to its timing, planning and support from both governments of Malaysia and Singapore. The difference between investing and conviction is that one is looking for returns and the other success.
You also advise other investors and advocate business outsourcing and operational relocation from Singapore into Iskandar Malaysia. Share with us your thoughts and clients’ responses.
As opposed to returns-only investors, we are an activist firm which campaigns for the success of our market. Ultimately, to be sustainable, an investor must take an active interest in the wellbeing of the community as this differentiates us and our limited partners. As we understand the global investors’ perception of Malaysia deeply, we are able to provide objectives and relevant views. Investors these days are hammered with all kinds of hype, hustling and bad information due to short term commercial concerns. Therefore, I decided to disintermediate the buy side from the cacophony of noise! Now, service providers, developers and buyers seek our platform for proper direction. The same goes for the corporate sector. Singapore-based companies do not just want the good side of the story without the authorities here acknowledging their concerns and reservations. Working with a strong perceptive culture, we moderate and allow for both sides to find common positions to start with. Business as we all know is about trust and value. Anyone can calculate value but trust can only be sensed as it is invisible. So we have to lead by example.
What are the potential challenges to draw more retail investors and
corporate businesses into this region? I have worked with both Malaysian federal as well as state authorities. Other than those in Iskandar, we also work closely with national agencies from Kuala Lumpur and Penang. They are very helpful and sincere in looking for solutions. What we do is to combine the hallmark success factors of corporate Singapore with the Malaysian business spirit in advising clients to invest in Malaysia. The success factors for selling Iskandar or any other economic corridors to the international community is best test-bedded in Singapore. Malaysian agencies should focus on their addressable base in Singapore which is the multinational hub of Asia. Singapore is also a top wealth management centre comparable to Switzerland, London and New York. If you can penetrate Singapore, you can succeed easier anywhere else.
You have held full house forums in Singapore for retail property investors and selected Malaysian developers. How do you make a difference in their investments?
Firstly, we do these activities as a corporate cause. We want our target market investors and developers to succeed. Emerging market property wealth management is profitable but economically interlinked with policy risk factors. We ensure investors’ concerns are feedback to the authorities present. We do well simplifying high street finance for main street. We tell them both the good and bad news of possibilities supported with our convictions. Therefore, our job is to simply do the right thing so that folks can be well informed, balanced and equipped with institutional-level knowhow. Our mission is to help the serious investors not be manipulated by one way bulls with much to sell. Risk is a non-existent word in any sales-oriented seminar whilst all forms of leverage and profit exaggerated.
You had recently organised a forum on Outsourcing Malaysia/Khazanah’s i2M/EY, and during the opening speech you underlined the point that Iskandar mean Business. Can you elaborate on that?
Iskandar’s foreign direct investment to date is over RM 110B and if you look closer, almost 45 per cent of that is property related. That is healthy but in order to realise the future value of these real estate investments, businesses
have to succeed in the region. It is only through great businesses that more jobs are created, wealth is generated and community living enhanced. We are talking about bringing the success of Iskandar to the men and women on the street. Without jobs, there can be no real success. So, achieving the Iskandar Malaysia Economic Framework is key to everything. Thankfully, the region’s authorities such as IRDA, I2M and MIM are excellent agencies and we fully expect Iskandar means serious Business.
What advice do you have for Iskandar investors given the pending new rulings to curb speculation and prices at historic high in the region? As international investors, when we have decided to invest in Iskandar, it was not and could not be a short term call. Indeed, when we made that “buy call” in 2012, it was even much earlier than Mark Mobius’ of Franklin Templeton Emerging Markets Group. Likewise, anyone who invests here or anywhere else for that matter must think long term. Real estate is a fixed asset and it is wise not to expect short term gains. Long term gains should be multiple times of equity, at least that is our track record. For example, from a lay perspective, if you believe Nusajaya will be a top 10 global metropolis by 2025 as planned, you really should be putting your money here now. Your returns will be far greater rather than if you wait till the day you can see condos lighted up at night. If you have doubts after an educated view, then stay away. The key then is in quantifying the risk and rewarding the profile objectively. Learn to form views accurately and treat price gyrations as vibrations to stay alert.
Can you share with us your thoughts on why multinational companies should seriously relocate to Iskandar Malaysia?
I can convince any Singapore CEO given three minutes in an elevator why he should relocate his space and labour intensive operations from anywhere else in the world into Iskandar. Not only will I tell him about savings, I will also stress on scalability and getting the best of both worlds. Moreover, he can also relocate to living in one of the most beautiful places on earth called Nusajaya. That is so true! With a full spectrum of Free Trade Agreements that Singapore has signed and the global connectivity that it enjoys both logistically and financially, Iskandar is the
Ed Cheong Chief Executive Officer Rafflesland Capital Group
outsource heaven most companies have yet to know. More should be done to tell this story.
How can businesses and individual investors get to differentiate facts from hype when evaluating Iskandar Malaysia as a destination for work and living?
It’s easy! Check with us. Stay away from hype, visit the place objectively and engage with the proper channels to get your concerns acted upon.
Are there areas of improvement that Malaysian authorities can address to make Iskandar Malaysia a key multinational hub to complement Singapore?
The region can do more focussed outreach to corporate Singapore. In doing so, corporate workers who can be individual investors also get to appreciate the engagement. Getting all the relevant information out is not about putting them on websites nor holding another seminar. It is how the information is relayed that makes the difference. They can do more in concerted ways to reach out to the large international companies based there. Have a mission to make sure every corporate worker in the central business district of Singapore really knows about Iskandar’s role and not just as having LEGOLAND Malaysia. Use our platform to help achieve that. The fastest journey to bring the world to one city starts in Singapore.
What is your one wish for Iskandar Malaysia to fulfil for international investors?
Iskandar is in such an advantageous position today given its proximity to Singapore and the first step into Malaysia for millions of visitors. Therefore, grant me not one but a few wishes! I believe a private sector-led information and engagement platform is necessary to capitalise on the boom. Many Singaporeans and even Malaysians have not visited Nusajaya. Moreover, the authorities should consider an Iskandar TV or radio channel to bolster its presence. More visible signs of Nusajaya’s attractions after the Tuas link are needed. The excitement is not conveyed to the uninformed traveller coming from Singapore. Lastly, solve the causeway jams. The best of Iskandar is just at the end of the jam!
news CELEBRATIONS WITH THE LESS FORTUNATE FREE COPY ISSUE 15 | NOV 2013
page
10
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
Highlight: Thistle Johor Bahru celebrate Deepavali with The Malaysian Red Crescent Society National Committee for Community Services and ASTRO Indian celebrities
T
histle Johor Bahru invited about 150 less fortunate families and children to an early Deepavali Celebration on the 13th October at the Grand Ballroom. The event was jointly organised by the Malaysian Red Crescent Society. Several distinguished guests and Her Royal Highness Raja Zarith Sofiah binti Almarhum Sultan Idris Shah, graced this special event. Her Royal Highness was then escorted to the “Kolam” which is a symbol to bring prosperity into the hotel. She was then accompanied by traditional Indian dancers where she witnessed the lighting of “kuthu vilakku”(oil lamp); a symbolism of the journey of darkness to light, by Thistle Hotels & Resorts’ Director of Marketing and Communications and Public Relations, M.S. Bobby. The celebration then continued at the Orchid Ballroom with a welcome speech by Thistle Johor Bahru’s Director of Sales, Rohani Mohamed. She said, “This Deepavali celebration exemplifies the warm Malaysian hospitality as we embrace diversity in peace and harmony. A true reflection of Malaysia’s hospitality and a melting pot of flavours, customs and
Her Royal Highness Raja Zarith Sofiah Sultan Idris Shah and Datin Seri Rosni Omar grace the Deepavali Celebrations cultures are clearly seen in our festivals that we celebrate”. She also added that this hotel will continue its outreach to help the less unfortunate and will play an important role in building goodwill, fostering understanding and creating lasting bonds with business partners and NGOs.
A speech was also presented by YBhg Dato’ Rashidi bin Mohd Noor, Deputy Chairman, The Malaysian Red Crescent Society National Committee for Community Services. Her Royal Highness was also invited on stage to give out goodie bags prepared by the hotel and the Malaysian Red Crescent to the children and families.
(pic by Zarakay)
The event ended well with a sumptuous mouthwatering Indian lunch as well as Indian deserts and snacks such as “Payasam” and “Murukku”. The guests were also entertained by ASTRO Indian celebrity singers, and colourful Bhangra and traditional South Indian dance performances.
Traders reaching for the Sky Interest: Traders Hotel Puteri Harbour’s Skybar opened their doors to over 120 invites
M
embers from the Singapore Sports Car Club and Exotic Car Club, super-bikers and corporate guests graced the opening of Traders Hotel Puteri Harbour’s Skybar at the rooftop poolside lounge. The opening kicked off with a traditional lion dance witnessed by Food &
Beverage Manager, Avraam Koustsides and Executive Chef Alan Wong. The elegant launch was accompanied by music provided by DJs Herbs and Deeraj. Synchronized swimmers were also present to add splendour to the evening and adding a splash were four mermaids swimming around in the Skybar pool.
FREE COPY ISSUE 15 | NOV 2013
page
11
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
PREVIEW AT LEGOLAND WATER PARK Social: LEGOLAND Water Park, the first in Asia and the largest LEGOLAND Water Park in the world had a Media Family & Friends Fun Day
T
he media family and friends had their first hand of fun at Asia’s first LEGOLAND Water Park on 19th October. The Water Park promises families yet another exciting adventure as it opened to the public officially on 21st October. The opening of the Water Park leads the transformation of LEGOLAND Malaysia into a Resort. Six lucky children were also handpicked through a contest via Facebook as LEGOLAND Malaysia Junior Lifesavers. The winners of this once-in-alifetime opportunity include three children from Malaysia. All six Junior Lifesavers have been awarded with Premium Annual Passes, granting them unlimited access to the LEGOLAND Malaysia Resort all year round, for themselves and up to four family members. The Water Park contains over 3 million litres of water and has more than 20 unique water based rides for the young and young at heart. It is the largest LEGOLAND Water Park in the world and the only one which can be enjoyed either on its own as a stand-alone attraction or in combination with the Theme Park. The Water Park’s highlights include Build-A-Raft River and the Joker Soaker. The Build-A-Raft River is a unique concept where children can customise their own raft with LEGO soft bricks before floating down a lazy river. The Joker Soaker is a fun interactive play structure where children can aim water cannons at one another. The extra
surprise to the Joker Soaker is when a giant bucket pours 350 gallons of water into the wade pool. The LEGO Wave Pool for swimmers of all ages is not to be missed and the Splash ‘N’ Swirl, Red Rush and Splash Out were also fun rides for the family. However, we do wish that the tubes were kept near the rides as it was an uphill and slippery task to carry them! Besides that, there are private lockers and cabanas that can be rented for a fee. There are two food and beverage outlets serving a mix of Asian and Western meals but we hope there will be more adequate sitting areas with shades added for the patrons in future. Siegfried Boerst, General Manager of LEGOLAND Malaysia Resort said, “We are delighted to be opening the Water Park. It adds a whole new dimension to the LEGOLAND Malaysia experience. LEGOLAND Malaysia Resort has more than 70 rides, slides, shows and attractions in total. It is a unique holiday destination for the entire family to enjoy, offering adventure, education and fun for actionpacked day trips or longer breaks. ” A LEGOLAND Hotel will also open at the beginning of next year, which will complete the plan to develop LEGOLAND Malaysia into the largest family destination resort in Southeast Asia. It is strategically located at the heart of the rapidly developing Iskandar Malaysia region, and is accessible to both local and international visitors. John Jakobsen, Managing
Director of LEGOLAND Parks for Merlin Entertainments, said: “It’s incredibly exciting to be celebrating the expansion of LEGOLAND Malaysia and the opening of the Water Park is a major milestone in the transformation of LEGOLAND into a Resort.
Tickets for LEGOLAND Water Park are already available for sale and the combo tickets are ideal for families as it provides savings of more than 25% compared to purchasing individual Park tickets. For latest pricing details, visit: www.legoland.my
FREE COPY ISSUE 15 | NOV 2013
page
12
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
iPSLE School –First and Only in Malaysia
Community: Pegasus International School (PIS) @ Seri Alam is proud to announce the appointment as Designated Overseas Agent and an Appointed Examination Centre by the Singapore Examinations and Assessment Board (SEAB) to conduct the Singapore International Primary School Examination (iPSLE) in Johor, Malaysia. PIS is the first and only approved examination centre to conduct the iPSLE in Malaysia and the third school within the KinderWorld Education Group of Schools to offer this examination outside of Singapore since 2005.
T
he iPSLE is the international version of Singapore’s Primary School Leaving Examination (PSLE), an examination offered to all students at the end of Primary Education (typically at the age of 12). The iPSLE was introduced in 2005 with the aim of providing certification and benchmarking for overseas schools which are interested to benchmark against Singapore’s standard and gives an indication of a student’s academic ability when applying for schools in Singapore. It provides a recognised certification of the knowledge and achievement that pupils have attained. Pegasus International School will be conducting the first iPSLE examination in August 2014 where PIS students are to take the iPSLE on completing Primary 6 at the end of their Primary Education. Students from the local school community in Johor
and Malaysia are also welcome to register at PIS to take the iPSLE examination. Pegasus International School, a part of KinderWorld Education Group (KEG), which opened its first pre-school in Singapore in 1986, now operates 14 educational campuses under the brand names of Singapore International School (SIS), KinderWorld International Kindergarten (KIK) and Pegasus International UniCentre in Vietnam. KEG has been in the education business for the past 27 years. To maintain high standards, four of its Singapore International Schools have undergone a thorough process of quality audit and been granted candidacy by the Western Association of Schools and Colleges (WASC), America. WASC is recognised as an association that accredits international schools. All schools under KEG adopt a unique curriculum which draws the best
international curriculum from Singapore, Australia, United Kingdom and United States and embraces innovative teaching pedagogies in a creative and challenging environment while instituting life-long learning to develop fundamental skills and qualities for success in a technology-driven and globally connected world. Students are awarded with internationally recognised qualifications, including the iPSLE (International Primary School Examination), IGCSE (International General Certificate of Secondary Education), Cambridge International AS/A Level Certificate, ACT (American College Test) and GAC (Global Assessment Certificate) which provides access to universities worldwide. Twenty scholarships of total value RM493,310 will be offered to talented students for the duration of their study
at Pegasus International School (PIS) in Bandar Seri Alam, Masai. PIS aims to provide opportunities to these students in an international education programme to develop their fullest potential and equip them with critical skills. The scholarship programme covers the costs of School Fees, Registration Fee and Security Deposit and is open to students in Primary 4 and 5 and Secondary 1 and 2. Register now for the new School Year beginning January 2014 to be eligible to a wide discount on School Fees and Registration Fees which are applicable throughout a student’s period of study at PIS. For enquiries: enquiry@pegasus.edu.my For Scholarship: scholarship@pegasus.edu.my
Malaysia Airlines Climbers Celebrate Achievement Interest: The national carrier welcomed home 19 staff from Everest expedition
T
he Malaysia Airlines team scaled the challenging Himalayas and made it to base camp, at 17,600 ft, on 18 September 2013. That afternoon, Malaysia Airlines Backpackers Club’s (BPCK) succeeded in their goal of reaching Everest Base Camp and proudly putting Malaysia Airlines flag and our Jalur Gemilang at Everest. The team of 19 staff departed from Kuala Lumpur to Kathmandu on 8 September on MH170 for an 8-day expedition to trek Mount Everest. The participants had to undergo rigorous training to prepare them on what to expect as well as the dos and don’ts when scaling the mountain. They were also prepared for risky
situations via briefings and sharing of personal experiences by former climber Mohamad Shaheir Sabarudin who climbed Mount Everest in 2007. The airlines’ climbers received a rousing home-coming at KL International Airport, International Arrivals where they were met and congratulated by Malaysia Airlines’ Group CEO, Ahmad Jauhari Yahya, colleagues, family members and loved ones. Malaysia Airlines is the first Government-Linked Company (GLC) to send their team of mountain climbers to trek Mount Everest. In 2009, Malaysia Airlines’ Technical Services Engineer, Suresh Kuppusammy, conquered Everest on his own initiative.
FREE COPY ISSUE 15 | NOV 2013
page
13
news
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
ISKANDAR MALAYSIA ECOTOURISM SUMMIT 2013 Interest: Creating Competitive Ecotourism Clusters and Corridors at the 2nd Iskandar Malaysia Ecotourism Summit 2013
T
he second IM Ecotourism Summit that took place from 8th - 10th October at PERSADA Johor ended successfully with around 200 participants. The Summit themed “Creating Competitive Ecotourism Clusters & Corridors” was officiated by Her Royal Highness Raja Zarith Sofiah binti Almarhum Sultan Idris Shah, Chancellor of Universiti Teknologi Malaysia (UTM). The Summit was jointly organised by Iskandar Regional Development Authority (IRDA), the Centre for Innovative Planning and Development (CIPD) and UTM and its main aim was to share the success stories in developing ecotourism clusters to enhance integration, boost competitiveness and increase the yield of ecotourism products as well as foster collaboration among government agencies, academics and industry players including the local communities and NGOs. In the keynote address by the Chief Executive of IRDA, Datuk Ismail Ibrahim assured the participants that despite the ‘game changing’ role of family oriented attractions such as LEGOLAND Malaysia in increasing the visibility of Iskandar Malaysia as a tourism destination, IRDA is equally focusing on its natural and cultural resources to provide
a diverse range of tourism products and experiences. He highlighted that out of the 6 RAMSAR sites in Peninsular Malaysia, 3 are located within Iskandar Malaysia. He went on to suggest that the RAMSAR sites could be connected with cultural and community based ecotourism attractions such as Kg. Sungai Melayu to form vibrant thematic corridors. 6 international and 2 local speakers also shared their knowledge, ideas and experience in developing ecotourism clusters and corridors. The distinguished speakers agreed that the unsustainable development practices are causing serious damage to ecotourism assets in Johor such as the wetlands and coral reefs, and while development is needed for wealth creation, responsible development should be given prominence beyond ‘greenwashing’. Several case studies were presented and deliberated and the resolutions from this Summit will be presented to IRDA and the Johor State government, to assist policy makers in scaling up ecotourism development. A Masterclass in Community Based Tourism (CBT) also took place on 10th October at UTM where the major facets of developing and sustaining CBT were
Her Royal Highness Raja Zarith Sofiah Sultan Idris Shah launching the summit as YB Datuk Tee and Datuk Ismail Ibrahim look on facilitated by experts such as Prof. Amran Hamzah, Prof. Trevor Sofield and Mr. Mohd Hasim Abd. Hamid, Chairman of Koperasi Pelancongan Mukim Batu Putih (KOPEL), Kinabatangan, Sabah. Other pocket events held in
conjunction with this Summit were the Iskandar Malaysia Photography Contest 2013 which ran from 12th August to 30th September and the EcoParty in Galleria@ Kotaraya on 5th October which focused on environmental awareness activities.
The Iskandarian Issue 15 | NOV 2013 Advertisement
ENDORSED BY
Calendar of Events >> pg4
nov 2013
www.facebook.com/waveslifestyle twitter.com/waveslifestyle
scan to visit website
Portrait Photography Part II How to tackle negativity
Final: Must Visit Places in JB
Personality
Jessica Chong, Certified Sommelier under Court of Master Sommeliers >>pg2
Nov 2013 | Page 2
The Iskandarian | WAVES Lifestyle
Editor ’s Cheers with J.B gal Note - Sommelier Jessica Chong!
Priya Manikam editor@waveslifestyle.com
H
appy Deepavali to all our Hindu readers! One more month to go and it’s the year end. As a recap; WAVES Lifestyle (WL) has become the lifestyle section of The Iskandarian paper since March, and LEGOLAND Malaysia celebrated its first birthday in September and opened its Water Park last month which is the largest LEGOLAND Water Park in the world. We had fun during its preview and hope you had checked it out as well.
Universal Music Singapore launched Yellow Lounge on 18th October - the first in South East Asia. It is a “classical-meets-club” concept. This month, Tony tantalises you with some Indian flavours through Restaurant Agneey’s Cuisine and we encourage you to tuck into some delicious Indian curries and staples.
Jessica is a Managing Partner at Gastrolution Wine & Coffee Specialist and a Certified Sommelier under the Court of Master Sommeliers. She is a go-getter who is extremely passionate about her wines. How did you become interested in wines and when did this journey begin? My first encounter with wine was way back in 1999 when I was working in a 5 star hotel in Singapore - a top Bordeaux French Red - Chateau Margaux 1982, which costs 3x my salary then (still awed by the price point)! Curiosity got the better of me and I researched more about that wine (price and age), and from then on, there was no end in exploring more. What do you love the most about your job? Being able to share my knowledge, personal experiences and passion with everyone that shares the same interest as me and whenever my wine recommendation or pairings are accepted by the customers, their simple appreciation always makes my day.
Which is the most popular wine/s among the local community? In J.B, I noticed general consumers still prefer wines from Australia and New Zealand. Chile is also slowly reaching out. But I’m trying to show the local consumers that there are still many other choices in the market namely from Argentina, South Africa, California, some sub-regions in France and Italy. Have you ever encountered difficult customers who insist they know everything
about wines and how do you tackle them? I have met a handful of them who claims they know about wines. I will usually listen and try correcting them discreetly by casually mentioning the facts without embarrassing anyone. As wines are very subjective in terms of taste and preference, I do not attempt to interfere on that except by guiding them through defining the difference of acidity and alcohol in tasting. Do you have any interest in owning your own winery one day? It is not easy to manage a winery because you have to know a great deal about oenology in order to bring out the best to the consumers. However, I dream of opening a wine bar where I’m able to share my wine knowledge and passion to the local
consumers. Currently, I’m trying to educate people in understanding more about wines through my monthly “Intro Wine Classes & Dinner” events. Your final words to a wine lover or an eager learner Drink as much wine as you can whether at wine tastings, dinner, or at gatherings with friends. Share whatever you have learnt with everyone. There will be a day when people will feel your passion and I still abide by this belief to date. Reading up on current wine trends and travelling to wineries would also greatly help in giving you a wider picture. Learn more about Jessica’s wine introduction classes at : www.facebook.com/pages/ Gastrolution-Wine-Coffee-Specialis t/489996371049185?ref=hl
UNIVERSAL MUSIC SINGAPORE PRESENTS THE FIRST YELLOW LOUNGE LAUNCH IN SOUTH-EAST ASIA
In our travel column, we have reached the final part of Must Visit Places in JB and we hope to include more places in the future. In our next issue, we are going to share with you about our FAM Trip to Ho Chi Minh City, Vietnam. So stay tuned for what this Land of Saigon has in store for you travelers! As always, for those wishing to share their clothing line or travel tales or like us to review your restaurant/property, drop us a mail at admin@ waveslifestyle.com today and be featured.
How many wines do you taste on an average per session? Highest record was over 60 labels of wines ranging from sparkling, dessert and fortified ones during my work stint in Beijing.
Y
ellow Lounge was launched by Universal Music Singapore on 18 October at Zouk - one of Singapore’s hottest night spots. Celebrated young artist Martynas (accordion) opened the night with his debut, marking the inaugural first Yellow Lounge in South East Asia. He played 2 sets of 5 songs each from his setlist and treated the audience to his amazing arrangements of classical pieces. Firmly established in the Berlin club scene for many years, Yellow
Lounge creates new ways to engage with classical music, utilising a variety of unusual urban spaces. Martynas is the winner of Lithuania’s Got Talent TV show in 2010 and is signed with Decca Records. He recently released his debut self-titled album which shows off his brilliant skills on the accordion. From Beethoven to Vivaldi, Ennio Morricone to Lady Gaga, he takes the accordion around the world and back and forth across the centuries.
The launch of Yellow Lounge invites the widest audience to experience the breath-taking technical quality of acclaimed performers upclose in an intimate setting. Classical music should go beyond boundaries, be made accessible to everyone and to reach out to youths of today. Yellow Lounge aims to present the most imaginative music, performed by some of the greatest artists, in a setting where no overcome
convention gets in the way of the thing itself: great music, played by great artists. Yellow Lounge fuses the greatest international performers with cutting-edge DJ and VJ sets in urban spaces. Experience the evolution of music. www.facebook.com/ yellowlounge Source & Photo Credits: Universal Music Singapore
Nov 2013 | Page 3
The Iskandarian | WAVES Lifestyle
How to Tackle Negativity?
W
hat would you do when someone is spreading negative rumours about you? Or how do you respond to the negative thoughts that keep appearing in your mind? In these days, negativity appears in our lives as much as we blink our eyelashes. If you are a Facebook or Twitter user, do observe how negativity spread. It could easily result to an emotional discomfort in you. Negativity exists due to the existence of duality. There is positive and there is negative. Hence, there is no way
to eliminate negativity. However, you can learn to tackle the negativity so it won’t affect you deeply. Respond instead of React. The differences between these two are; respond is inward and react is outward. Responding is natural and it relates to emotional sector like disapprove or resistance (inner). Reacting is an act of turning these emotions into action like verbal arguments, physical fight or selfinsulting (outward). You can’t stop responding to the negativity but you CAN stop from reacting
By Rose Osman Personal Motivator & Energy Coach www.facebook.com/ yourpersonalmotivator Twitter:@BucketOfRoses
to it by becoming the witness to the respond itself. Be the witness of your own feeling and thoughts you have towards the negativity. One wonderful thing about being a witness is you become unbiased. This is enough to weaken the negative energy. Do nothing. Let’s say your mind is thinking about failure or about the person who just insulted you; instead of reacting with similar energies like frustration
and anger, just allow the negativity to pass through as it is. In the process, you become more aware of the situation. You are aware as to what is happening within but without contributing to any similar energy by reacting to it. By practising these methods, you gain Self-Power with Wisdom and Love. Therefore, no negativity can break you easily when you know how to channel negativity into peace.
Approaching ART Photography P-O-R-T-R-A-I-T-S (part2)
By John Lee Professional Photographer leejohn59@gmail.com
V
IEWING a person in a portraits’ session - your subject stands at the centre of your photographic universe defining the space in which you must operate and choose a viewpoint that brings all the elements gracefully together.
M
ANAGING VIEWPOINTS - viewpoints are more than merely a position in space. They carry a meaning which may be implicit or culturally determined. Two main factors are at play; namely ELEVATION which is whether you are looking at the eye-level of your subject (higher or lower) - subluminally to the relative status of photographer and subject. Secondly, the physical distance between the photographer and subject is measured by the degree of intimacy.
C
ONSIDERING THE BACKGROUND - with a little experience of framing a portrait while on location will show that every move you make creates a corresponding change in the background. Some photographers find this tremendously frustrating, while others relish the challenge. By working with an entirely featureless background, your portrait offers you a form of control, which gives you a creative dimension. There are 2 important elements to consider here; the depth of field that you permit the image to display tells viewers how much they are expected to enter into the image. Extensive depth of field invites people to walk into the scene, where the details are sharp and clearly visible. In contrast, shallow depth of field keeps the viewers at arm’s length, casting a blurry veil over details. The other element at play is ‘highlight dominance’, which refers to the fact that the viewer’s eyes tend to be drawn to the brightest area of the image.
E
NVIRONMENTAL CONTROL - the handling of bright lights is an example of the balancing act between demonstrating respect for the subject’s environment for good photography. You should not interfere with the subject’s living or workspace. Keep the subject’s originality and character. Unique mannerisms – conveying a scene of character and pose can sometimes say more than a face.
C
areful framing – frames within the image such as windows, or archways can offer contrast to the shape of the body and this helps convey a meaning.
G
entle light – every face is beautiful and deserves careful treatment. Light the portraits with thought and creativity.
A
nonymity – with modern sensitivities, there may be situations when you need to portray them while having a good time. Choose a subject that would benefit from an environmental portrait such as an artist, musician, gardener, factory or office worker and photograph them so that their work, personal space and character are depicted.
Nov 2013 | Page 4
The Iskandarian | WAVES Lifestyle
3
Calendar of Events
nov 2013
2nd Nov Credits: Written By : Zaki, Azwan & Nadia from JBCool.com Kite Museum Photo By : Nicholas Vincent
Happy Diwali
5th Nov Awal Muharam
JB, 8th - 10th Nov Mapex Johor @JB City Square
JB, 9th Nov Autoshow @ Expo Hall Danga City Mall
JB, 10th Nov The Great Eastern Johor Bahru 10K Run 2013 @ Dataran Bandaraya
S’pore, 10th Nov Matchbox Twenty Live in Singapore @ Sg Indoor Stadium
JB, 15th - 17th Nov Electrical & Home Fair ’13 @ PERSADA
JB, 22nd Nov DYMM Sultan of Johor Birthday Celebrations
Spore, 27th nov - 6th Dec Indian Festival of Arts @ Esplanade Singapore
Spore, 29th Nov Russia-Singapore Jazz Symphonia @SOTA Drama Theatre
J
Must Visit Places in JB (final)
ohor Bahru or JB as it is fondly known to the locals is the Jewel of Southern Malaysia. Many visiting Malaysia often give this city a miss as they think there is nothing interesting to see . We are here to prove them wrong and have come up with a list of the most popular places that can be visited here. 1.
War Memorial War Memorial or ‘Tugu Peperangan’ in Malay is a historical landmark in Johor. It is located at Jalan Abu Bakar, opposite the Jabatan Kehakiman Syariah Negeri Johor (Islamic court of Johor state). This monument was completed in 1962 but unfortunately, it gets less attention over time. However, the site is very clean and it’s a quiet spot with vantage views of the Straits of Johor which makes it an ideal photographic location.
2
2. Kite Museum (or Pasir Gudang Kite Museum) It is located at Pasir Gudang and the primary objective of the museum is to showcase the heritage of Malaysian handcrafts. The main display here is a Malay kite called ‘Wau’ which is a traditional kite used long back but still has great historical values today. Besides the various kites display, one can also learn more about the process of making the ‘Wau’ through audio and visual presentations at the museum. The museum also hosts the International Kite Festival and do not miss it when you get a chance. Nearby, there is a scenic recreational park which is popular amongst the locals for exercising and is also a suitable place for you to fly up your own kites! 3.
Orchid Valley
About 30KM from the heart of JB, this beautiful and world’s largest plantation lies at the foothills of Gunung Pulai. You can take the main road to Pontian and head towards Gunung Pulai to reach here. Opened in February 1996, it accommodates more than 80 types of orchids. This orchid plantation is popular among visitors especially orchids’ lovers. There are also many tourists from Singapore who drop by here to enjoy the scenic view with refreshing air. You are also able to purchase orchids at reasonable prices. An education corridor, tourist centre and research laboratories are housed here, enabling visitors to get more information about orchids and its breed. There are restaurants and children’s playground as well. The Orchid Valley is open daily from 8.30 a.m. to 5.30 p.m. and a small fee applies.
FREE COPY ISSUE 15 | NOV 2013
page
19
live
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
AFTER SPM, WHERE DO I GO? (part 3) T
A-levels he Advanced Level programme or more famously known as A-levels is a popular pre-university course in Malaysia. Considered as the equivalent of the UK’s Form 6, this programme is widely known and accepted all over the world due to the wideness of its scope. The duration of A-levels is a lot longer than most of the other pre-university options. While most are conducted within the span of a year, this programme can go up to 18 months. There are two governing bodies for
A-levels, namely Cambridge and Edexcel. The Cambridge A-levels is conducted in two phases which consists of the Advanced Subsidiary (AS) examinations and Advanced Two (A2) examinations while the Edexcel A-levels are conducted in units where grades are based on the average of the total mark of all the units. Students can take a minimum of three subjects and a maximum of four. In addition, Malaysian students also need to take Malaysian studies and either Moral or Islamic studies. Those who are interested in
pursuing A-levels are required to have obtained at least five credits in SPM, including in English. Besides SPM, those who sat for the GCE O-levels are also qualified to take the A-levels. The best characteristic of this programme is obviously the fact that it is accepted and recognised worldwide. In addition, recently, the Ministry of Higher Education awarded autonomy status to five public universities – University of Malaya (UM), Universiti Sains Malaysia (USM), Universiti Teknologi Malaysia (UTM), Universiti Kebangsaan Malaysia
(UKM) and Universiti Putra Malaysia (UPM) which gives them the freedom to decide their own entry requirements for their courses. As of now, USM, UTM, UKM and UPM accept A-levels students into all of their courses, while UM accepts them for some of their courses. This shows that the A-levels does not just allow the student to go anywhere outside of the country, it is also opening up local opportunities. However, do take note that the A-levels is quite an expensive option with total cost being in the range of RM10,000 to RM25,000. Follow this multiple part series next month
FREE COPY ISSUE 15 | NOV 2013
page
20
live
Dr. Dimitraj Maniam Consultant Physician, Columbia Asia Hospital Nusajaya
E
ver had that persistent cough that just wouldn’t go away? This symptom is common enough amongst many people and most would try a remedy on their own, see a pharmacist for something over the counter or some might see their general practitioner for advice and treatment. If the cough goes away and life goes back to normal, that’s well and good! But what if this symptom keeps recurring, despite proper medication and treatment? What if the cough doesn’t resolve and continues to be a disturbance to us? I would like to explore this area of recurring and persistent cough and highlight the fact that in some cases, this symptom may be an early warning that something more serious is developing inside us. Coughing is a common ailment and we get it when we have a flu/sore throat, or when we’re exposed to fumes/smoke, and if we’re down with a chest infection and so on. Most causes of cough will respond to treatment and the coughing will eventually stop. This may take some time, but eventually the patient is cured. In cases of infection of the throat or other areas of the respiratory tract such as the lungs, a course of antibiotics (oral or intravenous – depending on the severity and type of infection) and medicines for reducing secretions and mucus will usually settle the matter. If the cause is an environmental trigger
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
Chronic Cough, more than meets the eye?
such as dust, fumes or smoke, protective equipment that reduces exposure or refraining from such an environment may provide relief (usually seen in those who work in manufacturing, transport services, and etc). Nagging cough A nagging cough is sometimes the result of too much acidity in the stomach and a condition called heart burn or GERD (gastroesophageal reflux disease). Simply put, acid from the stomach backflows into the food pipe and causes a burning upper abdominal pain and may disturb the patient’s eating and bowel habits. This process can sometimes cause a dry cough which may persist until the root problem is identified and treated. Usually, to confirm the diagnosis of GERD, several investigations will need to be performed (blood tests, endoscopic assessment) before the appropriate treatment can be initiated. Bronchial Asthma This is another common cause of a persisting cough. This respiratory condition is characterised by wheezing, breathlessness (sometimes even while speaking or at rest) and a persistent cough that may occur more at night. The cough in Bronchial Asthma may produce whitish sputum and at times the sputum may be discolored if there is a coexisting infection (usually yellow or green). Post nasal drip This is a frequent cause of a recurring cough. In this disease, the patient typically experiences forceful and continuous coughing with minimal expectoration of sputum or secretions. The cough typically occurs more when
the patient is lying flat, therefore usually troubles the affected individual at night, during sleep. The problem usually starts as a sore throat or flu and eventually most of the symptoms resolve (e.g. fever, nasal discharge and throat pain) however, the cough remains persistent. This chronic cough may last for weeks and occurs because secretions that form behind the nose and upper throat that forms during the initial sore throat or flu trickling down into the lower throat and here they cause an irritation that starts the cough reflex. Other causes Well, so far we have seen that coughing may be a symptom with many root causes, and interestingly some causes are not even related to the respiratory system (e.g. GERD). The causes and disease processes described above are largely benign and when treated accurately, favour a positive outcome. However, it is imperative to remember that besides these causes, several more diagnoses may be at the root of the chronic cough. Among these are lung cancers, tuberculosis, cancers of the throat, emphysema. Some of these are extremely dangerous conditions and if left undiagnosed and untreated, they have the potential of becoming life threatening. Several of these conditions (namely the cancers and tuberculosis) may cause the patient to experience blood stained phlegm, unexplained and rapid weight loss as well as prolonged fevers that coexist with the cough. In some situations, there may be swellings in the neck or upper chest regions suggesting enlarging lymph nodes and this implies that the underlying disease has spread
(seen in both, cancer and tuberculosis). Many patients brush off a persisting cough as an irritation rather than a dangerous symptom. Most of the time, they are right. But the possibility of there being a more dangerous cause should be always considered and addressed. Early detection If such symptoms are present, immediate medical attention should be sought to allow a prompt diagnosis and subsequent early treatment. A history and physical examination by a trained person may reveal a lot regarding the cause of the cough but eventually several investigations may need to be performed to come to an accurate and complete diagnosis. The treating doctor will usually process the problem by taking a history regarding the symptom/s then proceed to perform a thorough physical examination. Blood, urine and imaging tests such as X-rays, CT scans will then follow. The reason early detection is crucial in some diseases that present as a chronic cough (e.g.: cancerous growths) is the fact that these conditions are aggressive and have the potential to spread fast throughout the body. Early detection allows for better treatment and eventually a more favourable outcome. When to see the doctor: • If there is an irritating cough that you have been tolerating for too long, that is resistant to household remedies and even treatment from your general practitioner or pharmacist, • Which disturbs your days and nights and it interferes with life at work and at home; do make the effort to get a proper medical assessment as soon as possible, for there may be more to this cough than meets the eye.
FREE COPY ISSUE 15 | NOV 2013
page
21
work
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
Malaysia Airlines celebrates its 41st Anniversary
Business: Success story of Malaysia Airlines attaining its 41 years in the aviation industry
M
alaysia Airlines has been operating flights from Kuala Lumpur to over 100 destinations as Malaysian Airlines System Berhad since 1st October 1972. A special event recently took place to mark their anniversary. At the event, Malaysia Airlines’ Group Chief Executive Officer Ahmad Jauhari Yahya said, “We have achieved so much in the past one year since we celebrated 40 years of being Malaysia Airlines and delivering ‘Malaysian Hospitality’ across our network. “We are known globally for this exclusivity, and we pay tribute of this success to the thousands of Malaysia Airlines employees, who over the years and till today have worked together to demonstrate Malaysian Hospitality,” he added. “Our journey began in 1972 when our airline’s name became MAS and the challenge was set to elevate our Nation’s name around the world and bring pride to all our countrymen and women. Now, Malaysia Airlines celebrates its 41st
anniversary and in the world of aviation, being in business for this length of time is a milestone, a major achievement,” said Ahmad Jauhari. The airline has built itself a strong brand name in the aviation industry for superior service and flight safety. It holds a lengthy record of service and best practices excellence, receiving more than 100 awards in the last 10 years from international bodies such as the UK based independent research consultancy firm, Skytrax. In February 2013, Malaysia Airlines became a member of oneworld. This membership strategically places Malaysia Airlines firmly on the global aviation map as we are recognised by 11 of the biggest and best names in the global airline industry to be their gateway to South East Asia. Malaysia Airlines marked the entry of its first A380 into the airline’s fleet by having its 5-Star Airline status renewed by Skytrax. The recognition comes at a time of great change within the national airline of Malaysia as it embarks on a series of improvements to repositioning it as a
premium carrier. The national carrier has also put into commercial service all six of its A380 aircrafts to serve London, Paris and Hong Kong sectors and will welcome several new aircrafts into its current fleet of A380s, A330-300s, B737-800s and A330200s. This promises guests a better experience on Malaysia Airlines, as it aims
to have one of the youngest fleet of less than 6 years in the region. Mid this year, the airline also launched its first major brand campaign that leverages in delivering “Malaysian Hospitality” positioning it as “Journeys are made by the people you travel with”. The worldwide brand campaign named ‘Journeys’, covers markets across Malaysia and ASEAN, Britain, Europe and China.
FREE COPY ISSUE 15 | NOV 2013
page
22
invest
ACCUMULATING WEALTH? ¬ Why 95% of stock investors lose money all the time?
T
he market has been tough for stock investors this year, especially the second half. Since the US Federal Reserve started to call for the tapering process of QE3, the market was so sure that it’s a matter of when and not a matter of if. Until recently, the US Federal Reserve Chair, Ben Bernanke claimed that QE tapering will not take place until further announcement. This has caught the market by a huge pleasant surprise. We’ve heard people say, “It seems like the world economy is controlled by a few people... It’s not fair!” That’s right! The world is never fair. While the world macroeconomics is controlled by the minorities, your financial destiny is not, because YOU can control it! Even though the unpopular decision would cause much volatility in the global stock market, not all stocks will be affected badly. Among the thousands of stocks, there are exceptional ones which will buck the trend as a result of their solid earnings and promising outlook. As a wise investor, you have a choice to pick winning stocks based on your research. However, those who are able to
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
Tey Bin Yuen is the author of ‘Life beyond the Comfort Zone’. His books are available at major bookstores in Malaysia and Singapore. He’ll be conducting a seminar ‘Profit from Share Investment 6’ on 24 Nov 13. Reach him at contact@teybinyuen.com
pick winning stocks are the rare five percents. The cruel fact is that the rest of the 95 per cents lose money most of the time. And they have one thing in common: The Herd Mentality. Herd Mentality is a common behaviour. It means doing what most people are doing. What will be the result? Getting what most people are getting. For example, look at what happened at the petrol station when it was announced that the fuel price will increase by 20 cents after midnight? Many people rushed to the petrol stations by driving a few kilometres (or more) and queued up for half an hour just to refill the petrol! Guess what? The mileage incurred during the trip to the petrol station (back and forth) would probably cost more than the money you save by pumping the ‘cheaper petrol’. How about your
precious time? We have not taken that into account yet. In the stock market, you can see the phenomenon of herd mentality by observing investors chasing a counter where its share price has increased tremendously; the opposite applies: many people start selling after seeing the price fall even to a significant level. To conclude with an interesting fact: the reason why the 95 per cent of people are losing money is because they
are speculators instead of investors; they only look at share prices instead of VALUE. For one to break the vicious cycle of “buy high, sell low”, he has to educate himself and study the company’s fundamentals and market emotions. Bear in mind that what one is afraid the most in the stock market is not that he doesn’t have enough money to invest, but rather, he does not have the know-how.
Singaporeans Stay Ahead in Property Shopping Spree Investment Outlook: Property investors are made up of a concoction of locals and foreign buyers
I
nvestors from the Lion City accounted for 74 per cent of purchases made at the various developments by non-Malaysian in Iskandar Malaysia. UEM Sunrise’s data shows that Singaporean buyers usually outnumber all other foreigners combined. At the Imperia project, Singaporeans made up 39.1 per cent of buyers, eclipsing even Malaysians at 24.3 per cent. Foreigners of other nationalities made up 36.6 per cent. “Most Singaporean buyers are people who go to Johor frequently for business and those wanting a weekend home,” said UEM Sunrise Chief Executive Wan Abdullah Wan Ibrahim. “They buy more of the upmarket products, as foreigners can only buy units that are above RM500,000 (S$195,000), and they have been buying both landed homes and strata developments,” he
added.
UEM Sunrise is the master developer of Iskandar Malaysia’s Nusajaya area. Its developments include East Ledang, an 111ha project with bungalows and villas and several condominiums at Puteri Harbour. Another project, Teega @ Puteri Harbour, saw 36.5 per cent Singaporean investors, 51.8 per cent were Malaysians and 11.7 per cent were of other nationalities. A substantial proportion of non-Singaporeans who bought units in Iskandar have strong links to Singapore, Mr Wan Abdullah noted. “These are people who travel to Singapore regularly for various reasons, like health care, education for their children, business and commerce or for lifestyle.”
The high number of investors flocking to Iskandar Malaysia has pushed prices up considerably, he added. Prices of bungalows at UEM’s East Ledang development have surged 44 per cent on average in the resale market since 2011. Even so, prices in Iskandar Malaysia are still much cheaper than in Singapore, Mr Wan Abdullah noted. A 1,500 sq ft three-bedroom unit at the upcoming Marina One condominium in Singapore is likely to be “in the region of RM11 million”, he said. “For RM11 million you can buy two swimming pool villas in East Ledang. These are villas of 5,500 sq ft… sitting on land of about 10,000 sq ft. “You could buy two and still have some change left over for a penthouse at our Teega condominium in Puteri
“A substantial proportion of nonSingaporeans who bought units in Iskandar have strong links to Singapore,”
Harbour and still have enough change for a tour around the world with your family.”
FREE COPY ISSUE 15 | NOV 2013
page
23
play
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
Restaurant Agneey’s Cuisine
M
y friend Jo-Hann introduced me to Agneey’s Cuisine Indian Restaurant and this place is an old name in Johor Bahru that needs no introduction for the Indian community here. Normally, I like to bring my guests here for a good Indian meal in a clean and cosy, no frills environment (with air con), at reasonable prices. I’ve been to Agneey’s three times and my favourite is usually the plain ‘thosai’ (fermented Indian crepe) where it is crispy at the edges but moist and soft inside, and has a pleasant wheat aroma. Perfect for dipping and soaking up in the chutneys and dhal served in steel bowls that comes with it and it is impossible to get tired of this
Indian staple. Next on the list was ‘poori’. This is a puffed up fried wheat ball with hot air. Unfortunately, ours deflated too quickly for me to take a picture of it in its full blown glory! You eat this with a delicious potato stew but since the ‘poori’ tasted so good, I ate it on its own. We also ordered the regular staple; plain ‘Roti Canai’/Prata which were crispy, and not overly greasy. Now for spicier flavours, we ordered a meal which came with vegetables and additionally we had ‘Masala chicken thigh’, which were really yummy! Plump chicken thigh wrapped in thick gravy made with a blend of numerous spices. The dye and aromas seeped
deeply into my fingers - I had to clean them by licking it off my fingers to get rid of the reddish colour and fragrance. Now, this is truly finger- licking-good! Next must order item is the Indian bitter gourd which are fried with chili and spices. Sliced pulpy gourd fried to a crisp outside with a slight tenderness remaining inside. I also ordered another version which is fried with batter and fragrant curry leaves. Absolutely divine! As I am also a squid lover, I would always order some whenever it is available. I liked the bouncy chewiness of the squid cooked here at Agneey’s in a tangy spicy stew. Finally, we ordered ‘Vada’/’Vadei’,
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
the versatile ubiquitous Indian “doughnut”. I like to eat this with a raw green chili pepper. Simply delicious and you end the meal with Agneey’s ‘masala’ tea - full bodied, with robust flavours. So far, I am pleased with Agneey’s delicious food I am sure to be back here to try their other dishes from their extensive menu. Restaurant name: Agneey’s Cuisine Indian Restaurant Address: 3, Jalan Titiwangsa 3/3, Taman Tampoi Indah, Johor Bahru Map: http://goo.gl/maps/dhikk GPS: 1.505962,103.688573 Hours: 10:00am to 10:00pm No pork, no lard, no Halal cert
play Salmon Gravlax & Italian Vinaigrette FREE COPY ISSUE 15 | NOV 2013
page
24
Chef Mohamad Noorazam Bin Zainal F&B & Event Management Department KFCH International College Johor Bahru mohamadnoorazamz@ gmail.com Gravlax Raw spiced salmon, known as Gravlax is a Nordic dish consisting of raw salmon fillet cured in salt, sugar, and dill. Gravlax is usually served as a starter, and is thinly sliced and accompanied by gravlaxsås (steward sauce), dill and mustard sauce, and served
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
on bread, rolls or with boiled potatoes. This delicacy was invented during the Middle Ages, and made by fishermen who salted the salmon and lightly fermented it by burying it in the sand above the high-tide line. The word Gravlax actually translates into “buried salmon”. Unlike smoked salmon, Gravlax is “buried” in a dry marinade for a few days, normally between 1 to 2 weeks. As the salmon cures, the moisture turns the dry cure into highly concentrated brine which can be used in Scandinavian cooking as part of a sauce. This same method of curing can be used for any fatty fish such as herring or cod, but salmon is the most common fish used for making Gravlax. Nowadays, Gravlax is served as a hors d’oeuvre or as a topping for canapés. Sometimes it’s even mixed in salads or eaten plain like any other cold cuts. It tastes salty, sweet and tangy at the same time. Vinaigrette Vinaigrette generally consists 3 parts of oil to 1 part of vinegar and whisked into an emulsion and flavoured with dry or fresh herbs, spices, and other ingredients. It is used most commonly as a salad dressing, but also as a cold sauce or marinade. Salt and pepper are often added as a seasoning and herbs or spices are added especially when it is used as a sauce for cooked vegetables, grains and cooked meat
dishes. Sometimes, mustard is used as an emulsifier and flavour enhancer. In Southeast Asia, rice bran oil and white vinegar are used as a foundation with fresh herbs, chili peppers, nuts, and lime juice. Different vinegars such as raspberry; create different flavourings, and lemon juice or alcohol, such as sherry, may be used instead of vinegar. Balsamic vinaigrette is made by adding a small amount of balsamic vinegar to simple vinaigrette of olive oil and wine vinegar which goes well on salads. A combination of the Gravlax and Vinaigrette definitely creates magic in the mouth and it is simple to prepare especially if you want to impress your guests.
@home
ISSUE 15 | NOV 2013
T HE I SKANDAR I AN
PROPERTY
|
RESIDENTIAL PROJECTS
Cover Story Abandoned houses and buildings are a growing eyesore in the fast developing southern region >>page 31
|
APARTMENTS
|
VILLAS
|
CONDOMINIUMS
|
OFFICE/ RETAILSPACE
The Iskandarian Issue 15 | NOV 2013 Advertisement
FREE COPY ISSUE 15 | NOV 2013
page
27
@home
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
Property Corner
¬ Home Financing A.Devadason CA(M), FCCA, MDRT Deva is a partner in the firm of Dason & Dason, Chartered Accountants who specialice in tax advisory and consultancy. He can be reached at deva@dason.com.my
T
he most common form of property financing is through loans, but the elite few do it by cash acquisition as well. Where a loan is required, financing is a 2-stage process, being the initial down payment to secure the property followed by instalment for the remaining loan. The commonly accepted down payment for a residential unit is usually 10 per cent of the purchase price. However, this usually applies for new units purchased directly from the developers. In the secondary market where subsale units are available, the actual down payment might be much higher because the market price being different from valuation
price. For example, the market price of a house is RM200k but valuation is only accepted at RM180k. The bank would only finance up to 90 per cent of the RM180k which is RM162k and the remaining RM38k must be paid in cash as part of the initial down payment. Often, due to huge cash outflow for the initial deposit, people go to developers despite the price of the house being higher than an existing unit in the secondary market. Which brings to the question, why is the price of an existing house lower than a new house purchased from a developer, even though it may only be ready in 2 years time? • It is simply a business decision where both the bank and developer are part of the big f i n a n c e - p r o p e r t y industry. They both feed off each other and new units, especially f rom panel developers whom are readily honoured by the panel bankers. Note that the terms here are panel bankers and developers. That is why, not all banks are ready to finance every new
development. To a large extent, the track record and reputation of the developer is a major factor when a bank decides to finance a particular project. Once the down payment is paid and upon completion of the entire property, comes the other part, repayment through monthly instalment. Monthly Instalment It is imperative that the instalment represents a manageable proportion of income. Always exclude overtime, shift allowance, bonus and other variable/uncertain income when arriving at this decision. Ideally, total instalments for all loans combined, should not exceed 1/3 of your income. Although the banks may approve the loan, but it is self realisation and discipline which is needed so that the property does not end up being auctioned due to failure to meet instalment obligations. Lately, banks have tightened their requirements, where the decision to grant loan is now based on net income (after EPF/ SOCSO/Tax) rather than gross income as in the past. This move is done as a measure
to cool down the property market as prices have reached stratospheric levels. Loan Tenure Is it better to have the shortest possible tenure or drag the loan as long as possible? If a property is to be rented, then drag the payment as long as possible to ensure low instalments because this would create positive cash flow if rental surpasses the instalment. But if the property is purchased for personal stay, then keep it as short as possible so that the settlement can be done early and the property becomes debt-free. Most people whom I speak to tend to drag their payments longer in order to get a green light from the banks. Long tenure means lower instalment, which results from the borrower being qualified for the loan in proportion to their income. However, this is not financially prudent because a big proportion of the monthly instalment goes towards the interest rather than the principal. In the next issue, I will explore the various financing options.
Khazanah’s i2M hosts Iskandar Malaysia Outsourcing Summit Highlight: Khazanah Nasional’s subsidiary i2M Ventures (i2M) was the host sponsor for The Asia Pacific Outsourcing Summit (APOS) which was held for the first time in Iskandar Malaysia
O
utsourcing Malaysia (OM) Chairman David Wong said the summit was a signal to several key projects in Iskandar Malaysia that drives the outsourcing industry, which is one of the key Entry Point Projects (EPP) identified by the government. Outsourcing Malaysia is an initiative under the National ICT Association, PIKOM. Asia Pacific Outsourcing Summit was a major event that focused on the near-term opportunities available in fastgrowing markets. APOS concurrently established an undeniably cohesive link between outsourcing and economic development. i2M managing director Zulfiqar Zainuddin said, “The APOS summit is the perfect platform to share the key upcoming projects we have been working on for Iskandar Malaysia. This event will place Iskandar Malaysia in the limelight as a major potential hub for the region’s outsourcing market.” “The relevance of Iskandar to Malaysians can only be felt through economic opportunities and the development of employment in industries such as the outsourcing sector. The next 18 months will be crucial as we try to
Her Royal Highness YAM Tunku Tun Aminah (fourth from left) gracing the Outsourcing Summit match the demands of industry with the infra and commercial developments,” he said. “Now that we see the infrastructure developments gradually picking up its natural pace, the commercial development needs to follow suit.” In addition to i2M, companies
such as MSC Cyberport, Accenture, KPMG, VADS and Malaysian Data Centre Alliance are some of the other sponsors for the APOS Summit, said OM’s Wong. “Although Malaysia has strong domain knowledge in sectors such as financial services, oil and gas as well as logistics, the outsourcing industry has not reached
its full potential. “While the industry has been posting decent growth rates, there is a bigger potential for growth and we hope the hosting of a regional summit such as APOS will give the industry the much needed boost and exposure,” he said.
FREE COPY ISSUE 15 | NOV 2013
page
28
@home
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
Rowsley’s RM5.5billion Iskandar Project
Another entry to Iskandar Malaysia from Singapore
Property: Singapore listed Rowsley revealed details of mega project in Iskandar Malaysia
Property: Pacific Star Development completes land acquisition from UEM Land in Puteri Harbour, Nusajaya, Iskandar Malaysia
V
S
antage Bay project by Singapore listed Rowsley as the next to land in the laps of Iskandar. The integrated project in Johor Bahru city centre is just 1km from the Customs, Immigration and Quarantine (CIQ) complex. The project spans over an area of 9.23hactares. Rowsley, part-owned by billionaire Peter Lim, saw their company shares up around 370% since the real estate venture was announced. The Vantage Bay project will include a twin tower with views of the Straits of Johor and Singapore’s skyline. There will also be a mall with a net area of one million sq ft, a hotel and office blocks. It will also be connected to a medical hub run by Thomson Medical Hospital, which will include medical suites and step-down care like apartments. Thomson Medical is part- owned by Mr Lim and Johor’s royal family while the Vantage Bay site is 70 per cent owned by Mr Lim and the rest by Johor royalty. RSP Architects Planners & Engineers, Singapore’s oldest and leading architect firm has been engaged to oversee the design aspects and just
completed a $545 million acquisition of RSP Architects and waterfront land in Iskandar, paid through issuance of new shares under a reverse takeover exercise. “The transaction has transformed us from a company with a market capitalisation of $140 million to nearly $1.5 billion in less than a year,” said Rowsley’s Executive Chairman Ho Tat Kin at a media briefing. “This is not going to be just another ghost town. It will be a seamless experience and a truly integrated township,” he said. “We are going to have pedestrian walkways in the centre, which will have an open space and lots of shrubs with shelters and alfresco dining outlets which will light up at night… like Clarke Quay.” However, starting from January next year, foreigners buying property in Johor face a higher processing fee. This might translate into a cooling period in the booming property trend in Iskandar. “The key difference is that in Puteri Harbour or Medini or Nusajaya, there are many developers coming together to make it work. That is a challenge as developers have their respective commercial interests to safeguard and ‘inertia’ could set in.”
ingapore-based Pacific Star Development Pte Ltd, announced the successful acquisition of a prime 339,800 sq ft waterfront freehold land parcel in Puteri Harbour, Iskandar Malaysia. Acquired at RM93.328 million from UEM Land, the master developer of Puteri Harbour, Pacific Star intends to develop exclusive waterfront apartments, SOHO units and a lifestyle retail centre fronting a picturesque cove where a new private marina and clubhouse shall be built later this year. This integrated project shall be designed whereby all the apartments and SOHO units shall experience a panoramic view of the sea, marina, Straits of Johor and skyline in the western part of Singapore. The mixed-use development of approximately 1.3 million sq ft gross floor area will consist of three 25-storey apartment towers, altogether with approximately 800 exclusive apartments ranging from one bedroom to four bedrooms whilst another two low rise 4-storey blocks closest to the water’s edge, shall house the multi-functional SOHO units with high floor-to-ceiling height of up to 5 metres. The Pacific Star mixed-use project is situated at a strategic waterfront location within Puteri Harbour and within 5
minutes’ walk to the Puteri Harbour Custom, Immigration and Quarantine (CIQ) Centre where plans are afoot for commercial private ferries to connect the Puteri Harbour CIQ to a suitable CIQ in Singapore. Once the commercial private ferries are operational, the reality of being able to commute to work in Singapore via the sea route from Puteri Harbour shall become a reality. Therefore a homeowner in Pacific Star’s mixed-use project in Puteri Harbour is able to live, work, and play, comfortably, economically and safely where ease of accessibility to the place of work whether in Singapore or Iskandar Region, is assured. As one of the first Singapore-based developers to recognise the potential in the Iskandar Region, Pacific Star commenced negotiations with UEM Land in early 2011 to acquire the choice waterfront freehold site. The completion of the land acquisition on 30 April 2013 is a testament of Pacific Star’s strong belief and confidence in the Iskandar Region and its conviction in the capabilities of UEM Land to deliver on the promise of building an international community of business, commerce, residential and recreation in the masterplanned Puteri Harbour, which will be situated adjacent to Kota Iskandar.
Property Investment ¬ How Iskandar Malaysia Developers should sell to Singaporean Investors Ed Cheong is the Singapore founder of the Iskandar Malaysia Investors Forum and Rafflesland Group of Companies which provides platform for property investors to gain insights and world-class investment strategies. He is contactable at iskandar@rafflesland.com or +65 97111271
A
s the Singapore government ramped its effort to curb property price escalation with the strictest of measures, such as a cap at 60 per cent of borrower’s income, the effects are biting. The recent quarter shows a slight drop of over 1 per cent after a long upslope without regards to earlier less stringent measures. I believe this is the beginning of a steady landing which will lead to investors switching to other markets over
the next few years. Residential prices in Singapore have risen too far and much faster than household income. Even the office and industrial sector face downward pricing pressures with corporate earnings slowing in line with month to month GDP contractions. So will Singaporean investors simply move into Iskandar Malaysia as many developers may wish? Unfortunately, that won’t be so. Armed with one of the world’s strongest currency, Singaporeans traditionally look at advanced economies and cities for investments. Nothing is too expensive with London, Sydney, New York and Hong Kong being current favourites. Even Bangkok is beginning to hold traction. Those who buy Iskandar properties are mostly Malaysians working in Singapore with a small percentage of Singaporeans who have relations with Malaysia.
So, what does it take to sell to Singaporeans who are after all just a bridge away? The core Singaporean investors see Malaysian properties with a nary eye as they scrutinise the country’s macro and social conditions closely with news amply available. They are also more attracted to global financial hubs with limited risks even though distance poses a great challenge to property management. Indeed many do not enjoy much capital returns in western markets because these cities have rigid ownership policies or simply dislocated from the local real economy. Therefore, the best way to sell to Singaporeans is for developers to move away from ‘push’ sales-oriented activities. However, holding seminars with bullish news and exhibiting with great discounts will not cut it. Singaporeans know a lot about
Malaysia. Developers must recognise these concerns, and objections cannot be swept aside by countering with positives or discounts. Developers must take charge by sincerely engaging potential buyers on a non-pushy, consultative level. Listening and acknowledging their needs together with national agencies or researchers like us are the only fair way of gaining respect and admiration from potential investors. My company, Rafflesland Capital, advises developers in engagement strategies and the results have been startling. Singaporean investors appreciate the moderated engagement, respect the exchanges and they accept existing limitations. Hopes and visions are matched! As marketing guru Peter Drucker puts it,” the aim of marketing is to know and understand the customer so well that the product or service fits him and sells itself ”. Don’t you agree?
The Iskandarian Issue 15 | NOV 2013 Advertisement
The Iskandarian Issue 15 | NOV 2013 Advertisement
FREE COPY ISSUE 15 | NOV 2013
page
31
@home
KDN : PP17797/06/2012(032765) MICA : MCI(P) 099/06/2013
www.facebook.com/theiskandarian download : www.sustainableiskandar.com.my
ABANDONED STRUCTURES: AN OPEN EYESORE
Highlight: Abandoned houses and buildings are a growing eyesore in the fast developing southern region
An abandoned house almost overrun by green growth By Alan Wee & Zarakay
newsdesk@theiskandarian.com
W
ith the accelerating pace of development in the southern region of Peninsular Malaysia namely in the Iskandar Malaysia constituency, abandoned houses and buildings are in dire need of rescue to ensure unwavering expansion plans. According to recent statistics, a total of 136 of 187, amounting to 72.7 per cent, of abandoned housing projects in the peninsula had been revived and completed as of Aug 31. Derelict houses are also a hive for drug addicts and unwanted pests which as a whole cause direct depreciation of the housing value in that particular residential area. As a result, the other occupants of the area fall victim to plagues such as dengue and rodent infestations as well as living in trepidation in fear of drug dens that occupy the derelict addresses. Abandoned buildings such as
Kemayan City, Pacific Mall and Lot 1 JB Waterfront have been marred with vice activities and also provide a panoramic eyesore since they occupy frontal main road view. Despoiled of their exteriors by vandals and thieves who steal the steelworks in the buildings for scrap, the prominent establishments are victims of the late 1990’s economic slowdown. Kemayan City is in Jalan Skudai, and Pacific Mall is just a stone’s throw from the Customs, Immigration and Quarantine Complex in the Sultan Iskandar building. Lot 1 JB Waterfront is in Persiaran Tun Sri Lanang, where it faces the Tebrau Straits. There has been talk over the years of buyers for the abandoned buildings but no improvements have been done over decade so far. Kemayan City is expected to be modelled after Paradigm Mall in Petaling
Jaya, Selangor. Work to redevelop the building is expected to start in seven months, and scheduled for completion in 2015. For abandoned houses, a quick background check revealed that most of these premises were derelict due to defaulted loan payments with the banks by the respective owners. Some of these houses have been abandoned for over 20 years. According to the 2013 budget, the Government will allocate RM100 million to the Ministry of Housing and Local Government to revive 30 abandoned housing projects. In addition, to encourage the involvement of the private sector, the Government will provide tax incentives as follows: 1. Banking institutions to be given tax exemption on interest income received from the rescuing contractor/developer; 2. Rescuing developer be given a double
deduction on interest paid and all direct costs incurred in obtaining loans; 3. Rescuing contractor be given stamp duty exemption on all instruments executed for the purpose of transfer of land or houses and loan agreements to finance the cost of revival; and 4. Original house buyer in the abandoned project be given stamp duty exemption on all instruments executed for the purpose of obtaining additional finance and the transfer of the house. The measures offered by the government should ease the situation or more direct interventions need to take place. In Australia for instance, houses were auctioned off a short time after grass in the front and back yards were not cut. We hope to see a new breath of life being given to these ‘sick’ establishments soon to ensure they don’t cause a dent in shiny Iskandar armour.
The Iskandarian Issue 15 | NOV 2013 Advertisement