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VST Group – Providing Quality Lifestyle

Property News/ 8 July 2015 No comments

Commitment from the Group Managing Director

Dato’ Yeoh, the Group Managing Director of VST Group once said,”Our customer is our boss’ BOSS!” This statement generally resonates well with many people however when these words are uttered by the captain itself, steering the iconic ship through an ocean of vast opportunities then you know that it’s certainly in the right direction.

Customers, after all, are kings and if they are treated with sincerity, they tend to show a greater level of appreciation and demonstrate the kind of trust expected when contemplating the choices that they have in their hands.

Dato’ Yeoh’s success formula is simple, primarily based on one word – SINCERITY. And when you combine SINCERITY and INTEGRITY, you have a comprehensive ingredient for success.

More Than 20 Years of History

What started originally as a family business, their humble beginnings can be traced back to 1990 when it was established as an investment arm with properties and land in Penang Island, Seberang Perai Tengah, Perak, Selangor, Kuala Lumpur and Terengganu. Their core business activities include construction, property development, interior fit-out and investment.

Over the years, they have been engaged to build schools, hospitals and even universities apart from residential areas. It is clear that VST Group’s approach is to extend their product offerings beyond urban living.

The wide array of product offerings and enriching experience does indeed allow greater diversity in their thinking and approach towards engaging the customer on a more effective level.

Awards of Honesty and Excellence

Rome was never built in a day and neither is reputation developed overnight. With a consistency of expounding the vision of “Providing Quality Lifestyle” for the last fifteen years and translating that vision into reality, VST Group’s efforts and the hard work of its team has been appreciated in the form of the awards they have received in the past which includes 2012 Asia Pacific International Honesty Enterprise Award and 2011 Asia Pacific Entrepreneur Excellent Award.

The 2012 Asia Pacific Award recognizes the operating and managing style of an enterprise, its reputation as well as public image in the market. It is also a vital indicator when entrepreneurs choose their strategic partners or when consumers make their purchasing decisions.

On the other hand, the 2011 awards is primarily a reflection of the organization’s strength and its stability in the market, coupled with an excellent performance in all areas or which have pioneered and made significant contributions towards society.

Core Focus in Improving Quality Lifestyle

Providing quality lifestyle encompasses the challenge of consistency in providing quality products so as to ensure there is a growing pool of satisfied customers. The emphasis on quality has allowed VST Group to build a stable group of core customers who share the belief of their products offering.

With the core focus in improving the residents’ lifestyle, VST Group continue to find innovation in the product offerings yet continue to enhance the quality of the products itself. In order to seek innovation, there is a consistent need to invest in construction technology of the future. Coupled with innovative green features in their projects, they are armed with the right kind of tools to challenge the current status quo.

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A Company that Last for Generations

On the other hand, building a company that would last for generations is a compelling reason why VST Group continuously seeks to improve themselves in many different ways as the competitive business environment heats up. Yet the vision of building a company for tomorrow only serves to spur VST Group to arm themselves with the necessary tools to compete in a vast sea of opportunities.

The sky is never the limit yet this philosophy is very much embraced in a whole hearted manner by continuously seeking to expand beyond their existing boundaries. After all, the only way to excel and move forward is to learn how to challenge yourself to explore the boundaries that might stifle your own creativity and efficiency. VST Group’s mantra seeks to see things differently as a multi prong approach towards a comprehensive and holistic understanding of the subject matter in question.

With the best ideas in mind and the most elaborate strategy on paper, it is fundamentally the flawless execution that will determine the success of a grand scheme of things. Therefore VST Group’s continuously emphasize that only the best people are to be hired to join their organization.

Latest Projects & Beyond

VST Group’s latest projects include Mont Residence (Mount Erskine, Penang) which will be officially launched soon. VIM 3 at Desa Park North (KL) and Reizz Residence at Jalan Ampang (KL) are now open for registration and getting a very good response from the market. There is already a 90% take up rate of the innovative Icon Residence in Kuala Trengganu . The other interesting on-going project which is a clear reflection of their diversity is Kuala Trengganu Specialist Hospital.

In their pipeline, VST Group’s projects are worth an estimated RM5.62 billion for the next five years. With a land bank of 100 acres sprawling across five states in Malaysia that includes Kuala Lumpur, Selangor, Penang, Johor and Terengganu VST Group is well positioned in their quest to be the premier developer of high-end quality homes in 5 years.

VST Group’s approach of thinking beyond just building a structure and their attention to details in their working philosophy will provide the necessary catalyst for them to seek the expansion that they have originally charted while traversing the ocean of possibilities.

VST embraced principles includes an enrichment element of a human touch yet it seeks to build a world with an emphasis on the little things in life that would make a difference in our lives. After all, what matters are the little things that we do every day that makes people smile that will spread joy to our hearts.

It is always about the people. That makes the difference.

[Sponsored review]

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SummerSkye Residences

Bayan Lepas/ 7 July 2015 350 comments

SummerSkye-Residences

SummerSkye Residences, a mixed development at Ideal Vision Park by Ideal Homes in Bayan Lepas, Penang. Strategically located near learning institutions including the proposed new schools: Chung San Primary School and Heng Ee Primary and Secondary Schools as well as the Straits International School. It is only a mere minutes drive to Penang International Airport.

This development comprises:

  • 2 block of 19-storey condominium (507 units)
  • Shop offices (78 units)

More details to be available upon project launch.

Property Project : SummerSkye Residences
Property Type: Mixed development
Location :
 Ideal Vision Park, Bayan Lepas, Penang
Land Tenure : Freehold
Built-up Area:  1,100 sq.ft. & 1,200 sq.ft. (condo)
Total Units: 507 (condo), 78 (shop offices)
Indicative Price: RM598,000 onwards
Developer : Ideal Property

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Location Map:

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10 Most Popular Projects in June 2015

The Tamarind, the executive apartment by E&O has once again ranked the most popular project of the month in June 2015. With the opening of second tower for registration, it is expected to spur short-run demand for this apartment in Tanjung Tokong.

june-2015

  1. The Tamarind
  2. Ramah Pavilion
  3. i-Santorini @ Tanjung Pinang
  4. One Foresta @ Bayan Lepas
  5. Golden Triangle 2
  6. Eco Terraces
  7. TRI Pinnacle
  8. Granito @ Permai
  9. Sierra Residences
  10. Summit 191

On the affordable segments, Ramah Pavilion remain as the most popular affordable housing scheme last month, followed by i-Santorini and One Foresta. Recently introduced Granito @ Permai and Sandiland Foreshore seems getting a lot of traction too. On the flip side, the affordable housing in the mainland, namely Jirane Residensi and Hijau e-Komuniti, doesn’t move the needle at all. Clearly, location does matter! :)

To know more about the current and upcoming affordable housing projects and location, below is the page that you should not missed out:

Affordable Housing Projects & Location

PenangPropertyTalk.com concluded the first half of 2015 with approximately 38.9% organic traffic growth mainly driven by affordable housing and positive sentiments toward Penang property market. Over 800,000 visits were seen during the past six months, with a total of more than 1.8 million page views.

* Projects are ranked based on the actual number of clicks & views in Google Analytic web traffic report for PenangPropertyTalk.com.

PREVIOUS MONTH: 10 Most Popular Projects in May 2015

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Sandilands Foreshore

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Sandilands Foreshore, an affordable housing development by Tanjung Villa Development Sdn. Bhd. (subsidiary of Tah Wah Group). It is strategically located at along Lintang Macallum 2 in Georgetown, just a stone’s throw away from Sandilands condominium by Heng Lee Group.

This development will see the construction of a 48-storey building, featuring a mix of commercial and residential properties:

PARCEL A (48-storey building):

  • 6 levels of shops & offices
  • Affordable housing (402 units @ 900 sf. / 80 units @ 800 sf. /
  • Commercial suites (80 units @ 800 sf.)

PARCEL B (39-storey building):

  • Low medium cost apartment (321 units @ 700 sf.)

READ MORE ABOUT AFFORDABLE HOUSING:

Register your interest here. We will keep you informed of further developments

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Property Name: Sandilands Foreshore
Location :
 Georgetown, Penang
Property Type : Mixed development
Built-up Area: 700 sq.ft. – 900 sq.ft.
Indicative Price: RM72,500 (700 sq.ft.), RM200,000 (800 sq.ft.) onwards.
Developer : Tanjung Villa Development Sdn. Bhd. (Tah Wah Group)

Location Map:

 

Sandiland Foreshore developer to deliver affordable homes in 5 years

Property News/ 3 July 2015 No comments

PENANG_SANDILAND_FORESHORE_020715_TMIHASNOOR_01
Sandiland Foreshore, the state government’s affordable homes project in George Town, has taken off with developer Tanjung Villa Development Sdn Bhd awarded the contract to build it.

Chief Minister Lim Guan Eng said the project on 1.7ha of land in Jalan C.Y. Choy would feature medium- and low-medium cost housing units that were between 65sq m and 93sq m large, at a price range of RM72,500 to RM400,000.

He said the project would synergise with the surrounding developments in the heart of George Town, such as Komtar, which was undergoing a major revitalisation, and the Penang Heritage Centre that would feature the tallest man-made waterfall in the world.

There is also the Macallum Street development coming up nearby, he said.

“Sandiland Foreshore will create viability and vibrance to the surrounding areas while matching Penang’s aspiration for a clean, green, safe and healthy environment.

“It will give the people affordable housing and alleviate the problem of 54 squatter homes on the site.

“The existing residents support the project. They had been hoping for permanent homes since the last administration,” he said at the signing ceremony for state investment arm Penang Development Corporation (PDC), the landowner and Tanjung Villa held at his Komtar office today.

The project will have 482 medium-cost and 321 low-medium cost apartment units, as well as commercial facilities. The state will be allocated 150 units for the squatter families.

Deputy Chief Minister I Datuk Mohd Rashid Hasnon pointed out that the project did not offer low-cost units because the state wanted the people to have quality housing with good facilities

“The lowest the state will go is low-medium cost. We want to give the people a better housing option,” he said.

Tanjung Villa managing director Datuk Hong Yeam Wah said the company was honoured to be part of the Sandiland Foreshore project.

“We are dedicated to building homes and enriching lives. We will work with the authorities to deliver the homes within five years,” he said.

An open tender for Sandiland Foreshore was called in July last year.

Tanjung Villa won with a tender amount of RM36 million in January. The gross development value of the project is RM245.67 million.

The developer will at its own cost look into the compensation of residents and squatters on the project site, including payments of rental for temporary housing, and the tenants’ relocation costs.

Source: The Malaysian Insider

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