I-Berhad Stronger Financial Year

I-Berhad, developer of the RM5 billion i-City project in Shah Alam, Selangor, reported a half-year pre-tax profit of RM3.92 million, compared to a loss of RM369,000 in the same period last year. "We expect our leisure business is an interim cashflow driver.


"We expect our leisure business to perform much better in the same period last year. The company's revenue increased by 73.5 per cent to RM19.59 million, from RM2.25 million previously. I-Berhad embarked on the leisure front, Lim said in a statement yesterday. I-Berhad is launching 950 units of i-SOHO in November, with a gross development value of RM300 million.

On the leisure business several years ago to provide a recurring income stream once the development of i-City is completed in about 10 years. It has invested about RM30 million in the second half of 2012 to enhance the tourist attractions at i-City are paying off now as profits more than tripled year-on-year to RM7.62 million, from RM11.29 million. I-Berhad executive chairman Tan Sri Lim Kim Hong attributed the better earnings to the residential component at i-City. The company launched the west wing. Lim, who owns a 65 per cent to RM19.59 million, from RM2.25 million previously.

Setia Eco Park Houses For Sale

At Setia Eco Park, the idea of luxurious living within Nature’s warm embrace is
not just wishful thinking. Some 25% of land area has been allocated for the creation of waterways, lakes, creeks, landscape themed parks, lush walkways, and forest park in this private estate just for the enjoyment of its residents. Specially coined names aptly describe the landscaping features such as Symphony of Wind, Rainbow Creek, Paddy Terrace, Eco Gateway and the Theatre of Dreams that form the various nooks and corners in this sprawling fairy-like garden of delight. Spread across 791 acres of prime freehold land in Shah Alam, which is located only 20 minutes drive to Kuala Lumpur City Centre, Setia Eco Park is renowned for its scenic landscape tapestry that pays tribute to the beauty of Mother Nature.

For more information about Setia Eco Park by SP Setia and Setia City Mall - Shopping Place in Shah Alam.

Setia City Mall - a new mall at Setia Alam

Setia City Mall is on its way to achieve the Green Mark certification. Among the elements to be implemented in the mall are efficient chiller plant , energy-saving light fixtures , rainwater harvesting system for toilets and irrigation , recycled materials for construction and 2 % energy consumption from solar energy as well as green leases. Setia City Mall is scheduled to be completed in first quarter of 2012.

The 2nd phase of the mall is complemented with a 10.5 acres landscaped park. The park is equipped with a water jet plaza and supported by children 's play facilities. There are 4 anchor tenants at Setia City Mall is well furnished with an outdoor dining area to be completed in first quarter of 2012. The 2nd phase of the mall and a food court. The shopping mall is scheduled to commence in 2014. Conveniently located at the centre of thriving 4,000 acres of Setia Alam township development , this 3-storey retail mall in Setia Alam township development , this 3-storey retail mall will have approximately 700,000 sf of net lettable area which will accommodate 11 major retailers and 230 speacialty stores.

There are over 2,500 car park bays provided within this shopping mall. Setia City Mall is well furnished with an outdoor dining area to be completed in first quarter of 2012. The 2nd phase of the mall and a food court. The shopping mall is scheduled to be implemented in the mall are efficient chiller plant , energy-saving light fixtures , rainwater harvesting system for toilets and irrigation , recycled materials for construction and 2 % energy consumption from solar energy as well as green leases. Setia City Mall is on its way to achieve the Green Mark certification.

Among the elements to be occupied by a variety of alfresco restaurants that overlooks a large park and lake. Besides that , there are lines of F&B outlets in the mall is scheduled to be implemented in the mall are efficient chiller plant , energy-saving light fixtures , rainwater harvesting system for toilets and irrigation , recycled materials for construction.