Building Investment (Mar - Apr 2015).pdf
As our magazine grows to become more of a regional publication, we will be bringing you even more news from around the region and beyond. e biggest change in Malaysia was the implementation of Goods and Services Tax on 1 April 2015 which impacted on property prices, raising costs by up to 2.6 per cent. As an oil-exporter, it is likely to see slower growth due to low oil prices and GST dampening private consumption. Singapore will continue to see property prices falling due to government cooling measures while both Indonesia and Philippines are expected to show strong growth even as China slows its pace to 6.7 per cent growth (World Bank). Overall, growth outlook for the region is expected to hover at 6.4 per cent for 2015 (Asian Development Bank). As we approach the second quarter of 2015, we will continue to work even harder to ensure that our magazine reaches a wider audience as we explore the various distribution channels for the electronic version of our magazine – more on these will be announced in later issues. Meanwhile in this issue, we highlight projects like the futuristic development called Harbour City in the historic city of Melaka (front cover feature); Sherwood Kinrara South residential project in Selangor; Epic Suites also in Selangor; and developer SP Setia’s new corporate headquarters in Shah Alam. In our features section, we report on Malaysian Timber Industry Board’s initiative to promote Malaysian-designed furniture; and market reports from some of the expert analysts like WTW and REHDA. Elsewhere in the magazine, we bring you a roundup on market news and updates on products and services while in the Design Feature section, you can read about some of the exciting designs from US and Canada. If you have suggestions to oer or events that you would like us to cover, please feel free to drop us a note.
As our magazine grows to become more of a regional publication, we will be bringing you even more news from around the region and beyond. e biggest change in Malaysia was the implementation of Goods
and Services Tax on 1 April 2015 which impacted on property prices, raising costs by up to 2.6 per cent. As an oil-exporter, it is likely to see slower growth due to low oil prices and GST dampening private consumption.
Singapore will continue to see property prices falling due to government cooling measures while both Indonesia and Philippines are expected to show strong growth even as China slows its pace to 6.7 per cent growth (World
Bank). Overall, growth outlook for the region is expected to hover at 6.4 per cent for 2015 (Asian Development Bank).
As we approach the second quarter of 2015, we will continue to work even harder to ensure that our magazine reaches a wider audience as we explore the various distribution channels for the electronic version of our magazine
– more on these will be announced in later issues.
Meanwhile in this issue, we highlight projects like the futuristic development called Harbour City in the historic city of Melaka (front cover feature); Sherwood Kinrara South residential project in Selangor; Epic Suites also in
Selangor; and developer SP Setia’s new corporate headquarters in Shah Alam.
In our features section, we report on Malaysian Timber Industry Board’s initiative to promote Malaysian-designed furniture; and market reports from some of the expert analysts like WTW and REHDA. Elsewhere in the magazine,
we bring you a roundup on market news and updates on products and services while in the Design Feature section, you can read about some of the exciting designs from US and Canada.
If you have suggestions to oer or events that you would like us to cover, please feel free to drop us a note.
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Valves, controls and systemsInnovation + QualityMADE INGERMANYValves and regulators for hydronic balancing:compact and multi-functionalWith their balancing systems, Oventrop offers the installer all thevalves and valve combinations necessary to achieve the hydronicbalance of heating and cooling sytems. The products can bedelivered separately or as a system. Thus the appropriate valvesand valve combinations are available for any possible demand.Advantages:- the location of functionning components on one level allows asimple assembly and easy operation- only one valve for 5 functions:presetting, measuring, isolating, filling, draining- low pressure loss (oblique pattern)“Hydrocontrol VTR” Double regulatingand commissioning valve“Hydromat DTR”Differencial pressure regulator“Hydrocontrol VFC/VFR” DoubleRegulating and commissioningvalves“Hydrocontrol VGC“Balancing valve“Hydromat DFC”Differencial pressure regulator“Cocon QTZ”Pressure independent dynamicbalancing valve (PID)International referencesAtlantis, The Palm is a seven stars resort at Palm Jumeirah in Dubai, United Arab Emirates.It was opened 24. September 2008 and it is modelled after the Atlantis, Paradise Islandresort in Nassau, Bahamas. Oventrop double regulating and commissioning valves wereinstalled in the pipework of the central cooling systems. They generate a stable and comfortableambient temperature.“Atlantis”, Dubai, United Arab Emirates“Carnival Liberty”, luxury liner, U.S.A.The “Carnival Liberty” is the new flagship of the American shipping company“Carnival Cruise Lines”. The luxury liner was built by the Italian shipyard “Fincantieri” andwas launched in 2005.The liner is 290 m long and 35 m wide. Its 1,500 spacious cabins accommodate up to 3,000passengers. Restaurants, bars, discotheques, a cinema and a theatre as well as boutiquesand a huge selection of sporting activities are spread over the 13 decks of the 4-star liner.In the midst of the mild Mediterranean climate, the Oventrop double regulating and commissioningvalves “Hydrocontrol VTR and VFC” below deck provide optimal climate conditions.The valves are installed in the supply pipes of the air conditioning units and serve to achievea hydronic balance between the different sections of the system. The Oventrop valves thusensure a comfortable climate in all areas across the 13 decks.For further information please contact:Germany:Malaysia:OVENTROP GmbH & Co. KG, Paul-Oventrop-Str. 1, D-59939 Olsberg / GermanyPhone (+49) 29 62-82-624 Fax (+49) 29 62-82-450E-Mail export@oventrop.de Internet www.oventrop.com- Oventrop Representative - Mr. Chong Kok LeongLot B-0303A, Block B, IOI Boulevard, Bandar Puchong jaya, 47170 Puchong, Selangor Darul Ehsan, Malaysia.Phone (+60)3 - 8080 2319 Fax (+60)3 - 8080 2310 Mobile (+60) 16 328 6319E-Mail kokleong.chong@oventrop.com Internet www.oventrop.com
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