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Sunday, March 26, 2017

MALACCA TOPS SINGAPOREAN DESTINATION

Malacca among Singaporeans' top travel destinations in 2016: Study

Photo: Tourism Malaysia
Singaporeans love to travel and can often be found planning their next getaway whenever a long weekend approaches.
With Malaysia's proximity, attractive exchange rate, delicious food, and great shopping options, Singaporeans travelled across the causeway for short breaks during the eight long weekends in 2016.
Kuala Lumpur, Johor, Penang, and Malacca were among their top 10 travel destinations over the past year, a recent study by Hotels.com revealed.
Photo: Hotels.com
Its hotel price index found that, as compared with 2015, the average price of a hotel room per night in these Malaysian cities fell by up to 12 per cent in 2016, with prices ranging from $88 (Malacca) to $106 (Kuala Lumpur).
And along with more affordable accommodation options in 2016, the study observed the rising popularity of Penang and Malacca as Singaporeans' favourite travel destinations.
If you're planning to visit Malacca during your next holiday, check out AsiaOne's travel planner which features the best sights, treats, and more in the historic city.

Thursday, March 23, 2017

YONG TAI EXPANDS LAND BANK IN MALACCA

Yong Tai Acquires Two Parcels of Land in Malacca
• March 22, 2017


Key player in the tourism and cultural development in Malacca, Yong Tai Berhad will embark on two mega property projects with GDV of RM2.3 billion.

Yong Tai Bhd has acquired two parcels of land within the Impression City project in Malacca from Mustazah Osman and Laila Endut of Laila Development Sdn Bhd for RM35 million, reported The Sun Daily.

In a Bursa Malaysia filing, Yong Tai revealed that the acquisition price will be funded via a mix of bank borrowings and/or internally generated funds.

The property developer intends to develop the six acre land into a mixed development project comprising retail units, a hotel and serviced apartments.

With a gross development value (GDV) of RM1.1 billion and a gross development cost (GDC) of RM800 million, the project, which is set to be completed in five years, will yield a potential gross profit of RM300 million.

Meanwhile, Yong Tai’s fully-owned unit YTB Impression Sdn Bhd has inked a joint development agreement with JM Bestari Land Sdn Bhd for the development of another piece of land in Melaka Tengah.

Set to be completed in five years, the project will include retail, office and commercial units.

It is expected to have a GDV of RM1.2 billion and a GDC of RM800 million, resulting to a potential gross development profit of RM400 million.

Saturday, March 18, 2017

IMPRESSION MELAKA WORKS IN PROGRESS


Impression Melaka is progressing fast.

By January 2018, the inaugural show will be performed. We hope this dateline can be met.








Friday, March 10, 2017

KEE ANN ROAD AWAKENING

Vedro by the River

Vedro by the river is expected to be completed by mid year. Melaka water taxis to be ready also by mid year which can transport passengers from Melaka Sentral to Vedro and Stadthuys as well.
Heard an entrepreneur is setting up an homestay 2 rooms apartments within Jalan Kee Ann for visitors to stay especially over the weekends.

Friday, March 3, 2017

MALACCA WATER TAXIS COMING SOON

Friday, 3 March 2017

Malacca to introduce water taxis to reduce traffic jam

image: http://www.thestar.com.my/~/media/online/2017/03/02/21/09/metd_na_0303_pg3_mlkteksi_niklasalbakri_2.ashx/?w=620&h=413&crop=1&hash=A96629B9E7A7E4824CA43B3A561881079639E159
The Malacca river will soon be busy with water taxis ferrying commuters.
The Malacca river will soon be busy with water taxis ferrying commuters.
MALACCA: Water taxis will make a debut in the city once the second phase of the RM130mil rehabilitation and beautification of Malacca River is completed by the middle of this year.

Chief Minister Datuk Seri Idris Haron said water taxis could ferry passengers from the river estuary close to the Custom, Immigration and Quarantine complex to Melaka Sentral bus terminal.
“Our aim is to reduce traffic congestion for the locals,” he said after chairing the weekly state Exco meeting on Wednesday.
Idris said the widening of Malacca River will soon be completed, from its current main jetty at Taman Seri Rempah here by adding a new quayside in Melaka Sentral.
The new site would be the terminal for the water taxis.
He said the river will be widened and extended by another 2.3km to enable the water taxis to stop and pick passengers from five new jetties, including one that would be constructed close to The Shore shopping complex in the city centre.
“The river corridor will have walkways and decorated with ornamental lights to add colour and make Malacca River a vibrant tourist attraction,” he said, adding that the state government will also develop a navigational system to enable the water taxis to cruise at high-speed.
image: http://www.thestar.com.my/metro/community/2017/03/03/commuting-by-boat-in-malacca-idris-using-water-taxis-to-ferry-passengers-around-the-historic-city-wi/~/media/408b14ce92be4fbc8c2eac5edf39a7ad.ashx?h=442&&w=620
Some have suggested that the city invests in gondolas, a traditional flat bottom boat commonly seen in Venice, Italy, to be used for the historic city‘s water taxi project.
Some have suggested that the city invests in gondolas, a traditional flat bottom boat commonly seen in Venice, Italy, to be used for the historic city‘s water taxi project.
He said the project initially hit a snag after the contractor failed to complete it according to schedule.
“However, the Natural Resources and Environment Ministry, which manages the project, has resolved the matter,” he said.
Idris also revealed that there were suggestions to introduce the popular gondola, a traditional, flat-bottomed rowing boat on Venice River in Italy, here.
“We will look into this suggestion as well as some others to help turn the river into a major tourist attraction,” he said.
Read more at http://www.thestar.com.my/metro/community/2017/03/03/commuting-by-boat-in-malacca-idris-using-water-taxis-to-ferry-passengers-around-the-historic-city-wi/#HAlKyEuUdHjoOaGv.99

Wednesday, March 1, 2017

VEDRO BY THE RIVER MALL TO BE READY BY MID 2017

Vedro by the River mall is expected to be completed by mid 2017.

This 210,000 sq.ft. is located at the old Malacca Central market at end of Jalan Kee Ann.

Vedro by the River mall

This mall is developed by Hatten Group of companies. Valued at RM 60 million, it will be latest Hatten Group shopping mall.

Sunday, January 29, 2017

HAPPY CHINESE NEW YEAR OF TH E ROOSTER

Our best Chinese New Year wishes to all our customers, suppliers and business associates in the Year of the Rooster.

May all of us stay healthy, best of health and be prosperous in the coming year.

Qong Xi Fa Cai.