News On WCT (NOW) | Quarterly

News On WCT 

WCT Land Quarterly 

October | Issue 02 

Spearheading 

Commercial 

Excellence 

From trendy malls to top grade corporate 

hubs, WCT is changing the commercial 

landscape with its visionary integrated 

developments. Evolution is a natural process 

and we invite you to join us in the front row 

seat to witness Klang South’s transformation 

from an integrated boom-town into a fullfledged 

Transit Oriented Township (TOT).


Transit Oriented Township 

Bandar Bukit Tinggi, flagship of WCT 

Upcoming 

Commercial Hub 

Jalan Langat 

LRT Line 

BANDAR PARKLANDS 

BANDAR BOTANIC 

AEON BUKIT TINGGI 

TESCO BUKIT TINGGI 

SRI ANDALAS 

TAMAN SELATAN 

KLANG 

MERU 

KAWASAN 17 

BUKIT RAJA KLANG 

I-CITY 

UITM 

SIRIM 

SEKSYEN 14 

PERSIARAN HISHAMUDDIN 

GRAND SENTRAL STADIUM 

GLENMARIE 

TEMASYA 

STATION 3 

PERSADA PLUS 

DATARAN PRIMA 

LIEN HOE 

TROPICANA 

DAMANSARA UTAMA 

ONE UTAMA 

25 24 23 22 

21 20 19 18 17 16 15 14 13 12 11 10 09 08 07 06 05 04 03 02 01 

Enhanced connectivity for greater economic growth 

Commencement of the RM9bil Light 

Rail Transit Line Three (LRT 3) project 

in 2016, is timely with the next wave 

of development WCT Land has in store for 

Klang South. The mature and established 

residential townships of Bandar Bukit 

Tinggi 1 & 2 has in place the right mix of 

infrastructure and socio-economic diversity 

for the emergence of modern integrated 

commercial hubs. 

The sizeable population here provides 

a captured market that is ready and 

hungry for mega mixed-development 

projects comprised of trendy and 

contemporary corporate towers, retail, 

commercial, hospitality, and entertainment 

establishments. 

In anticipation of current market demands, 

WCT Land will soon be introducing 

next-generation concepts of integrated 

corporate offices, hotels and retail centres 

all seamlessly linked and supported by 

a comprehensive public transportation 

network. 

With these projects in the works, we will 

soon see Klang South as Klang Valley’s 

new hot-spot for business and leisure with 

distance no longer a barrier. 

Given the ease of access to Klang 

South through numerous highways, 

and its strategic location between three 

international airports (Subang Airport ,KLIA 

and KLIA 2), two seaports (West Port & 

North Port) as well as five Komuter train 

stations, this high economic growth region 

has long been deemed as the promised land 

of boundless possibilities, both socially and 

economically. 

The LRT3 project undeniably adds value 

to the attractiveness of Klang South as a 

property hot-spot. And why shouldn’t it? 

Everything one could ask for in terms of 

modern living necessities and conveniences 

could be enjoyed here, with cost of living 

that is comparatively more affordable than 

other parts of the Klang Valley. 

Apart from attracting many to reside 

or relocate to Klang South, the factors 

above have inadvertently opened the 

new commercial 

HUB emerge 

flood gates of property and infrastructure 

construction initiatives by other players in 

the development industry. 

Complementing each other to meet the 

diverse and sophisticated needs of the 

property market, these initiatives have 

driven positive development to the greater 

Klang Valley area while addressing the issue 

of over congestion in the central regions. 

As new commercial and residential 

townships emerge, new access routes and 

highways are also being constructed for 

greater value creation through enhanced 

connectivity and 

accessibility. Travelling 

between various 

townships and major 

Klang Valley destinations 

are getting increasingly 

shorter with a lot less 

hassle. 

One highly anticipated highway development 

set to propel the southern Klang 

development to the next level is the West 

Coast Expressway (WCE). Running parallel 

with WCT developments along Jalan Langat, 

the WCE is a 233km long highway linking 

Banting in a straight line to Taiping. This 

essentially would make travelling times 

from Putrajaya, Cyberjaya, KLIA, Sepang 

International Circuit and other destinations 

along 21 interchanges in Selangor and 

Perak to southern Klang significantly 

shorter. 

With distance no longer a prohibiting 

factor, greater opportunities are presented 

for capital appreciation for properties in 

southern Klang. Commercial ventures will 

benefit from the imminent increase in traffic 

flow, and greater demand can be expected 

for sale and rental of real estate in general. 

2 3


Klang Valley 

Clubhouse 

Official 

Launch 

Club House 

Central Park 

A crowd of about 300 strong 

turned-up to get a first-hand 

experience of the d’Laman 

Greenville clubhouse at its 

official launch held on 26 

July 2015. The elegant and 

contemporary ambiance 

of the clubhouse was alive 

with classical music skilfully 

rendered by accomplished 

musicians. 

Central Park 

In the midst of admiring the 

views and facilities, guests were 

also entertained by live dance 

performances, magic shows 

and interactions with mascots 

inspired by popular animated 

movies. 

The event which ran from 10am 

to 5pm gave us the opportunity 

to showcase the exclusivity 

and unique lifestyle offerings 

of d’Laman Greenville while 

getting better acquainted with 

our valued purchasers. 

Playground 

Guest Lounge 

Lake Edge Shelter 

d’Laman Greenville is 

set to be home to an elite 

community that thrives 

within an exclusive 

gated and guarded green 

sanctuary. Beyond the 

luxury of the exquisitely 

designed bungalows and 

semi-ds, residents will also 

appreciate the richness 

of nature with enchanting 

sights and sounds enlivened 

by a natural 3-acre pond. 

Linear Park 

4 5


Klang Valley 

Klang’s Prime 

Business 

Location 

Prime 

Residences 

within a 

Thriving 

Commercial 

Centre 

Klang Valley 

Construction stage has reached 80% of completion and 

handover is scheduled to take place 

by the first quarter of 2016. 

Picture taken on 15 September 2015. 

The Lead is a freehold integrated 

commercial development, touted to 

be the premier business hub, paving 

the path for Klang city into a new era 

of modernisation. This prime freehold 

development features two blocks of 

serviced apartments known as The 

Lead Residences, modern retail shops 

and a contemporary boutique hotel. 

Launched in December 2014, Block B 

of The Lead Residences is 80% sold, 

while Block A which was launched 

in February 2015 is 60% sold. 

Construction is progressing steadily 

with completion scheduled for Dec 

2017. 

The Lead Residences comprises 

403 units of serviced apartments in 

3 layout variants with sizes ranging 

from 855 sq.ft to 1,317 sq.ft. Offering 

a comprehensive line-up of modern 

facilities secured by state-of-theart 

3-tier security system, The Lead 

Residences is well connected to the 

iconic Aeon Bukit Tinggi Shopping 

Centre and The Landmark to provide 

occupants excellent connection, 

comfort and convenience. 

Easy Ownership Promo: 

Zero Cost Campaign 

Just pay RM1,000 to 

Own a Unit* 

*For a limited period only. Terms and 

conditions apply 

Rumah 

Selangorku 

Phase 1H 

RM 250,000 

with 2 Car 

Parks 

Trifolis Apartment is part of 

WCT’s Rumah Selangorku 

project. Situated strategically 

at the heart of the thriving 

Bandar Bukit Tinggi 2, Trifolis 

offers comfortable, practical 

and convenient living at an 

affordable price. The 2 tower 

blocks of Trifolis are surrounded 

by well-known commercial, 

medical and educational 

establishments. 

The Landmark which is touted to be the finest corporate hub in Klang, is 

targeted to be completed and handed over by the first quarter of 2016. 

Designed with trendsetting commercial features, The Landmark offers 

peace of mind with its top-notch security features which include CCTV, 

card access and 24-hour security service. Other appealing features such 

as private lift lobby, ample parking space and 3.6 meter high ceiling are 

sure to attract prospective buyers. 

Consisting 118 units of 6-storey retail offices and 2 towers of 9-storey 

corporate offices, The Landmark is designed to optimize commercial 

synergy and workplace satisfaction. 

• Malaysians aged 18 years and above 

• Household income for Selangorku Type D home must range 

between RM3,000 to RM8,000 per month. 

• The applicant (husband / wife) must not have any type of 

residential property in Selangor. Applicants who already have 

a low-cost home for 5 years or more can apply on 

condition that there is evidence stating the sale of the current 

Within walking distance to Aeon 

Bukit Tinggi, Tesco and Giant 

Klang, this project is only 1.5km 

away from the proposed Phase 

3 LRT station in front of Tesco. 

Well-appointed security with 

recreational facilities set amidst 

pleasant landscaping, makes 

Trifolis Apartment the perfect 

place to raise a family. 

Puchasers of Rumah Selangorku home must satisfy a list of eligibility criteria set by Lembaga Perumahan & Hartanah Selangor 

as outlined below : 

low-cost home. 

• Single applicant with family dependents may apply. 

• Purchase the home to live in and not for rent. 

• Transfer is only allowed after 5 years. 

• Registered and approved by Selangor Property and 

Housing Board (LPHS) 

6 7


Klang Valley 

A More 

‘Uplifting’ 

Experience 

for Show Unit 

Visitors 

The Ascent overlooking 

KL City view 

Accredited 

MSC 

Cybercentre 

Klang Valley 

Construction progress of Azure Residences & New World 

Petaling Jaya Hotel 

The newly installed elevator system at The Azure Residences is 

now fully operational. Providing visitors to the show unit a real 

or ‘closer to life experience’, the elevator ride vividly ignites their 

imaginations with grand ideas for upscale city-centre living, that 

The Azure Residences promises. 

Representing the serviced residences component of the Paradigm 

Petaling Jaya integrated development, The Azure Residences is 

expected to secure 80% take-up rate by year-end. 

The 30-storey building is now 65% complete. The development 

will have 189 units of apartments with sizes ranging from 756 sq. 

ft. to 1,815 sq. ft. The Azure Residences is due for completion by 

the third quarter of 2016. 

The Ascent Paradigm Petaling Jaya is a Grade A corporate 

tower which is also in the final stages of receiving MSC 

Cybercentre Status. Upon accreditation of this status, The 

Ascent would have satisfied stringent requirements set 

by the Multimedia Development Corporation (MDeC), to 

provide a conducive business environment to attract ICT 

investors and promote the growth of local ICT companies. 

MSC Malaysia Status companies vying tenancy at The 

Ascent therefore, have the assurance of attractive 

incentives and benefits stipulated under the MSC Malaysia 

Bill of Guarantees. Commonly known as the 10 BOGs, the 

advantages to be gained include: 

MSC Malaysia Status Privileges 

1. Infrastructure 

World-class physical infrastructure provided 

6. IP Protection 

Intellectual property protection and cyber laws 

2. Knowledge Workers 

Unrestricted employment of foreign knowledge workers 

7. Censorship 

No internet censorship 

3. Ownership 

Freedom of ownership 

8. Telco Tariff 

Globally competitive telecommunication tariff rates 

Construction Progress of Multi-storey Car Park 

4. Capital & Borrowings 

Freedom to source for borrowings and capital globally 

9. Infra. Tenders 

Eligibility to tender for MSC infrastructure contracts 

5. Financial Incentives 

No corporate income tax up to 10 years or investment tax allowance 

up to 5 years. No duties on the importation of 

multimedia equipment 

10. One-stop Agency 

MDeC as the one-stop centre for consultation and assistance 

A warm welcome to all our new tenants and soon to be neighbours. WCT Group is expected to relocate its headquarters to The Ascent by 

the end of 2015. And we are certainly delighted and looking forward to being neighbours with esteemed multinationals as listed below: 

Link Bridge to Multi-storey Car Park 

• DKSH 

• Chr Hansen Malaysia 

• Poliklinik Kumpulan City 

• Keyence (Malaysia) 

• Eli Lilly Asia Pacific SSC 

8 9


Klang Valley 

Upcoming 60 Acres Freehold Development in OUG 

R2-Open For Registration 

R1 

Shopping Mall 

Office Tower 

Hotel 

R4 

*The above perspective is for illustration purposes only and 

is subject to change without prior notice. 

TAMAN YARL 

TAMAN OUG 

TAMAN ESPLANAD 

BERJAYA 

GOLF RESORT 

WCT 

in oug 

KESAS 

MEX 

BANDAR 

SALAK SELATAN 

BANDAR BARU 

SRI PETALING 

STADIUM 

BUKIT JALIL 

SEREMBAN 

HIGHWAY 

R2 – Chic Urban Retreat 

Fortified by a 5-tier security 

system, the residential 

component of Paradigm KL 

introduces the next-generation 

garden living concept in the 

sky. A green belt separates the 

two tower blocks comprised of 

419 units in total from the main 

road, to soften the approach into 

this urban retreat. Entering this 

resort residential development, 

residents and visitors will be 

greeted by a scenic ‘Green 

Driveway’, palatial ‘Vista 

Entrance’ and the grand Garden 

Concierge Lobby. 

Green spaces on the Ground, 

7th, 31st, 32nd and 33rd floors 

nurture community spirit with a 

host of facilities which include: 

• 50m infinity pool 

• Sauna 

• Steam room 

• Jacuzzi 

• Squash courts 

• BBQ pits 

• Open theathrette 

• Floating pavilion 

• Wading pool 

• Sun lounge 

4-In-1 

• Function deck (yoga, tai chi) 

• Interactive open space 

A wide variety of dwelling 

options are provided with 

different compositions to match 

your specific needs. Every unit 

showcases a clean, bright and 

open entrance, living as well as 

dining spaces. Bedrooms are well 

ventilated and naturally lit while 

kitchens feature a modern open 

concept. This highly desirable 

residential development offers 

contemporary living amidst 

all the modern facilities and 

conveniences to fulfill your every 

need. 

Integrated Development 

Construction works are well on their way for the much 

anticipated Paradigm KL development. The Paradigm brand 

has rooted itself firmly in the retail industry and is now ready 

to grow in strength and presence. 

1 st For registration, please contact: 

WCT Show Gallery (Next to Plan B & Brands Outlet) 

Covering close to 60 acres of freehold land, Paradigm OUG 

will bring about a fresh wave of refinement and rejuvenation 

to the prominent and matured OUG (Overseas Union Garden) 

neighbourhood. This integrated mega-development will be 

comprised of exclusive high-rise residences, a shopping mall, 

corporate offices and a luxury hotel. 

Lot CC 08, Concourse Floor, Paradigm Mall, 

1, Jalan SS 7/26A, 47301 Kelana Jaya, Selangor. 

Tel : 03 – 7887 0333 or 017 – 203 9335 (Zack, Annu, Law) 

Office Hours 

Weekdays : 12noon – 9pm 

Weekends & Public Holidays : 10am – 9pm 

WCT Land Sdn Bhd 

63, Lorong Batu Nilam 1A, 

Bandar Bukit Tinggi, 

41200 Klang, Selangor. 

Tel : +603 3324 3255 | Fax : +603 3323 1217 (Pui Yee / Stephanie) 

10 11


johor 

WCT in Medini 

1Medini Hub attained its CCC on 

1 February 2015 

Current list of tenants at 1Medini Hub are as follows: 

Retail @ Ground floor: 

1) WCT Medini Gallery 

2) Indian Kitchen 

3) Point Convenience 

Launched in the third quarter 

of 2013, Medini Signature 

combines practical upscale 

living with revolutionary ecofriendly 

design. This prestigious 

residential development is a 

follow-up to the successful 

1Medini which comprises 2 

blocks of condominiums, fronted 

by 18 Garden Villas on the 3rd 

floor, office units on the 1st & 

2nd floors and 16 retail spaces 

at the ground level to form the 

highly acclaimed 1Medini Hub. 

Medini Signature is made up of 

two towers of which construction 

is progressing on schedule to be 

completed by the third quarter 

of 2016. 

Medini, which covers 9,712.45 ha 

in Iskandar Malaysia enjoys 

special tax holidays & other 

incentive packages. The 

advantages offered include 

zero restrictions on foreign 

ownership, no minimun price 

threshold for non-Malaysian and 

no real property gain tax (RPGT). 

Offices: 

1. Frost & Sullivan (consulting firm) 

2. Brandt International Sdn Bhd (consulting firm) 

3. Nityo Icoe Sdn Bhd (consulting firm) 

Medini Advantages 

No Sales Restriction to non-Malaysian 

No Minimum Price Threshold For non Malaysian 

Real Property Gain Tax (RPGT) exempted 

As part of WCT’s long-term commitment to expand its 

presence in Iskandar Malaysia and Johor Bahru, a 1,223 

square metre WCT Show Village was officially opened in 

February 2015. 

Construction Progress of 

Medini Signature 

Tower 1: Completing Level 7 

Tower 2: Completing Level 12 

With a total of 5 show units featuring the Medini Signature 

and BRIO Residences development, the show village will 

serve as a one stop centre for customers to view the latest 

developments and make enquiries. 

WCT Show Village contact details : 

Lot PTD 190806, 

Jalan Lebuh Kota Iskandar 

Mukim Pulai, 79000 Nusajaya, 

Johor, Malaysia. 

Tel: +(607) 510 1010 

Fax: +(607) 510 2800 

12 13


johor 

johor 

Catalyst 

for Medical 

Tourism 

Located 2 km away from 1Medini Hub 

EduCity 

Welcomes 

another Top 

Ranking 

University in the 

World 

Expected to be operational 

in October 2015, Gleneagles 

Medini Hospital will give a 

vital boost to fortify Iskandar 

Malaysia’s position as a 

regional medical hub as well 

as setting the benchmark for 

superior healthcare in the 

country. 

Developed by Parkway Pantai 

Group in close partnership 

with Global Capital & 

Development, the 300-bed 

Gleneagles Medini Hospital 

will also feature a 162-suite 

medical office block. 

The Parkway Pantai Group of 

16 hospitals located in many 

Asian cities, has an excellent 

reputation for their high 

Located 1 km away from 1Medini Hub 

quality healthcare. 

World class specialist 

treatments using state-of-theart 

medical equipment are 

intrinsic to the Parkway Pantai 

Group’s excellent health care 

services. 

Parkway Pantai Limited 

(PPL) is a subsidiary of IHH 

Healthcare Berhad (IHH), 

which is known as Asia’s 

largest hospital operator. 

Strategically located in Medini 

Lifestyle precinct between 

Kota Iskandar and the 

Medini Business District, the 

Gleneagles Medini Hospital 

covers an area of 15 acres. 

EduCity Iskandar Malaysia is 

proud to have University of 

Reading Malaysia added to its 

impressive portfolio of eminent 

universities and institutes of 

higher education, academiaindustry 

action and R&D centres. 

Univeristy of Reading Malaysia 

(UoRM) opened the doors to its 

brand new campus in Educity 

Iskandar Malaysia in September 

2015. Ranked among the top 

1% of universities worldwide, 

University of Reading in the 

UK has a long-established 

reputation for the quality of its 

teaching and research. 

The University of Reading 

boasts over 150 years of history, 

with origins as a University 

of Oxford extension college. 

The first overseas campus 

of the University of Reading, 

UoRM uniquely guarantees the 

opportunity to spend up to 1 year 

in the UK, which makes getting 

a top UK degree more flexible, 

accessible and affordable than 

ever before. 

“The quality assurance and 

the examining for degrees at 

University of Reading Malaysia 

will be exactly the same as 

we have in the UK: we are 

determined to make sure the 

quality of education is the same,” 

said Professor Tony Downes, 

provost and chief executive 

officer, University of Reading 

Malaysia. 

Located approximately 2km 

away from 1Medini Hub, the 

University offers a wide range 

of professional programmes at 

foundation, undergraduate and 

postgraduate level. 

Home to the internally renowned, 

triple-accredited Henley 

Business School, the prestigious 

Henley MBA programme will also 

be included. 

The original Schools of 

Art and Science were 

established in 1860 

and 1870. 

The University received 

its Royal Charter in 

1926; the only university 

to do so between the two 

world wars. 

14 15


johor 

A New Dawn 

Arrives 

in Johor : 

Paradigm Mall 

Johor Bahru 

WCT’s fourth retail project, 

Paradigm Mall Johor Bahru 

was launched in grand fashion 

on Thursday, 13 August 2015 

at the Majestic Hotel Kuala 

Lumpur. The occasion was held 

in celebration of SOGO (K.L.) 

Department Store, Golden 

Screen Cinemas and Village 

Grocer as anchor tenants. 

Slated to be the first and the 

largest regional mall in Johor 

Bahru, Paradigm Mall JB was 

unveiled to a full house and 

was graced by the Minister of 

Tourism & Culture Malaysia, 

Yang Berhormat Dato’ Seri 

Mohamed Nazri Bin Tan Sri 

Abdul Aziz, Board of Directors 

and the Management Team of 

WCT, tenants, special guests 

and media. 

Among the highlights of the 

afternoon was the official 

signing ceremony with the 

anchor tenants and the cultural 

mashup performance of 

Gamelan and dance by talented 

ballet dancers. 

Some 19 million shoppers are 

expected to patronise Paradigm 

Mall JB within the first year of 

its opening planned for the third 

quarter of 2016. Seeing that the 

Johor Bahru retail market is 

underserved, this projection is 

decidedly conservative. 

“Paradigm Mall JB has secured 

50% tenancy. 

16-Hall Cineplex 

The Board of Directors of WCT Holdings Berhad pictured here with Dato’ Nazri and anchor tenants 

The occasion was held in celebration 

of SOGO (K.L.) Department Store, 

Golden Screen Cinemas and 

Village Grocer as anchor tenants. 

Attendees at the grand launch event 

Modern gamelan and dance performance 

1st & Largest Ice Skating Rink in JB 

16 17 

Currently we are in the midst 

of negotiations with another 

few key junior anchors such as 

fashion, sports, toys and book 

distributor brands. We are also 

being approached by fashion 

brands such as Topman and 

Zara,” said Choe Kai Keong 

(WCT executive director). 

Strategically located along 

Skudai Highway, Paradigm Mall 

JB will be part of an integrated 

commercial development 

comprising a stylish 296- 

room 4-star hotel and BRIO 

Residences, the contemporary 

263-unit serviced apartments. 

With 600 retail outlets over a 

sprawling 1.3 million sq.ft. of 

nett lettable space, Paradigm 

Mall JB will feature a 200,000 

sq ft SOGO Department Store, 

a 16-screen Golden Screen 

Cinema, a 30,000 sq.ft. Village 

Grocer, the state’s first and 

largest 20,000 sq.ft. indoor 

ice-skating rink and an indoor 

rocknasium. 

Paradigm Mall JB is expected 

to be opened in September 2016 

and aims to revitalise the retail 

scene of Johor Bahru!


sabah 

Where The 

Good Life 

Flows Naturally 

D’Bayu Residency @ Inanam is 

an exclusive gated residential 

development set against 

lush greenery and refreshing 

atmosphere at the foothills of 

the Inanam residential precinct, 

8km away from Kota Kinabalu, 

Sabah. 

Reflecting the ideals of the 

highly acclaimed d’Banyan 

Residecy @ Sutera, D’Bayu 

Residency @ Inanam is poised to 

be an idyllic sanctuary consisting 

96 units of 3 storey semi-d 

homes set within an enchanting 

enclave dotted with themed 

gardens and recreational parks. 

Each of these spacious homes 

features a private swimming 

pool, elevator and a priceless 

view from high ground. The 

scale model of this development 

successfully caught the attention 

of the multitude of visitors at the 

WCT Property Showcase held at 

Imago Shopping Mall on 15 and 

16 August 2015 in Kota Kinabalu, 

Sabah. 

The myriad of recreational 

facilities that complement these 

luxurious residences made a 

significant impact which drove 

registration beyond expectation. 

The following is the proposed 

list of recreational facilities 

and parks that bestow D’Bayu 

Residency @ Inanam with its 

unique charm and beauty. 

Proposed Facilities 

The Colours Play Field 

• The Green Hills 

• Walkway 

• Putting Green 

• Multipurpose Court 

• Green Lawn with Meadows 

Suitable as Camp Site 

• The “Lay Back” Deck BBQ Area 

• Green Step 

• Open Piazza 

• Tree House 

Passive Garden Space 

• Elevated Pavilion Deck 

• Walkway 

The Green Play Field 

• The Green Hills 

• Pavilion 

• The Green Dune 

• Half-size Basketball Court 

• Children’s Playground 

• Scented Garden 

• Cantilever “Round Pavilion” 

• Jogging Track & Resting Hub 

• Hanging Bridge 

• Viewing Deck 

Legend 

1. Inanam Bus Station Terminal 

2. Giant Hypermarket, 

Kolombong 

3. SJk(C) Yick Nam 

4. Sabah Medical Center 

5. Sabah Golf & Country Club 

6. Kinabalu International School 

Site Layout Plan 

For registration, please contact : 

Pioneer Acres Sdn Bhd (947598-A) 

(A member of WCT Holdings Berhad) 

Lot 31 , Ground Floor , Ruang Grace Square, Jalan Pantai Sembulan, 88100 Kota 

Kinabalu, Sabah. Tel : 088-312333 | Fax: 088-312108 (William & Monica) 

WCT Land Sdn Bhd (324888-H) 

No. 63, Lorong Batu Nilam 1A, Bandar Bukit Tinggi, 41200 Klang, Selangor Darul 

Ehsan, Malaysia Tel : +(603) 3324 3255 | Fax: +(603) 3323 1217 (Jerek & Nancy) 

18 19


events 

Dumpling Festival 

Annual Hari Raya Event at WCT Head Quarters in Glenmarie, Shah Alam 

The colourful dumpling festival 

is celebrated by the Chinese 

worldwide on the 5th day of the 

5th month in the lunar calendar. 

Celebrations commonly include 

dragon boat racing and feasting 

on dumplings made from sticky 

rice treats wrapped in bamboo 

leaves. 

Locals, who admired him, raced 

out in their boats to save him or 

at least retrieve his body. This 

is said to have been the origin 

of dragon boat races. When they 

failed to find the poet’s body, they 

dropped balls of sticky rice into 

the river so that the fish would 

eat them instead of his body. 

WCT’s 

2015 

Hari Raya Aidilfitri 

Celebration 

Sumptuous Raya Buffet provided by Première Hotel 

The legend behind the dumpling 

festival revolves around a 

patriotic poet who was wrongly 

dismissed and exiled by the 

emperor he faithfully served 

in ancient China. Feeling 

disheartened and angry the 

poet tied himself to a rock and 

jumped into the Mi Luo river 

in Hunan province in protest 

against injustice and corruption. 

In our continuous effort to build 

and strengthen relationship with 

our home buyers and the Klang 

community in general, we hosted 

this year’s dumpling festival 

which saw a good turn-out of 

500 families. Highlights of the 

day include a dumpling making 

demonstration by a professional 

chef, photo booth sessions and 

art painting. 

On 10 August 2015, WCT 

management and staff from the 

headquarters and subsidiaries 

gathered at the Shah Alam 

Glenmarie office for a Hari Raya 

celebration. The cafeteria and 

reception area were colourfully 

decorated with “ketupat” 

decorations and the sound of 

joyful local traditional music 

echoed in the building. 

Everyone was treated to a wide 

range of mouth-watering local 

dishes such as Nasi Briyani, 

Lemang, Rendang, Curry 

Chicken and desserts. 

20 21


events 

WCT Property Showcase 

15 - 16 August 2015 @ Sabah 

We would like to thank our Sabahan 

friends for their warm welcome and 

kind hospitality throughout the WCT 

Property Showcase Tour in Kota 

Kinabalu. We had a wonderful time 

introducing our projects and are 

especially encouraged by the keen 

interest and enthusiasm shown. 

Projects showcased during our 

exhibition held at the popular Imago 

Mall @ Kota Kinabalu, include Azure 

Residences @ Paradigm PJ, Medini 

Signature and 1 Medini Garden Villas 

@ Medini. Quite a substantial number 

of visitors registered their interest for 

BRIO Residences @ Paradigm JB and 

especially D’Bayu @ Inanam, Sabah. 

Our short but memorable tour affirms 

that Sabahans are keen to invest 

or buy property in west Malaysia, 

especially in Klang Valley and Johor. 

WCT will certainly strengthen its 

foothold in Sabah’s property market 

and we look forward to more road 

shows here. 

WCT’s 

Annual Property Showcase 

11-13 September 2015 @ Paradigm Mall 

The 2nd WCT Property Showcase was 

held from 11 to 13 September 2015. 

The annual event hosted at Paradigm 

Mall Petaling Jaya received a good 

number of visitors, eager to discover 

and learn more about the13 different 

developments at 3 prime locations 

which highlighted the event. 

Guests at the showcased were 

entertained with mooncake making 

demonstrations by Première Hotel, 

balloon and cotton candy giveaways, clown appereance, sand art and light 

refreshments. They also took the opportunity to have a free blood pressure 

test and health screening sessions, courtesy of Kelana Jaya Medical 

Centre(KJMC) from 10:00am to 7:30pm throughout the two-day event. 

22 23


testimonial 

Valuable Buyer’s Feedback 

EPF Withdrawal for Housing: 

What’s Your Entitlement? 

First Scheme 

HOUSING LOAN 

Withdrawal to purchase / build a house 

This withdrawal can be made within 3 years from the SPA date for 

your first house. You are entitled to withdraw the difference between 

the purchase price and loan amount (“differential sum”) and 

another 10% of the purchase price. 

This is basically to help you cover your 

down payment and perhaps facilitate 

some renovation requirements. 

This scheme also allows withdrawal to 

purchase a second house, provided the 

first house is sold, or disposal of the 

property has taken place. 

The Employees Provident Fund (EPF) 

scheme, allows you to withdraw 

funds accumulated in your Account 2 

to assist your housing needs in three 

different ways. 

2nd Scheme 

Withdrawal to reduce / redeem a housing loan 

This scheme allows you to withdraw 

money from your EPF Account 2 to 

reduce or redeem the housing loan 

balance with approved financial 

institutions. This can be done for 

individual purchases, joint purchases, 

or for a spouses’ housing loan. 

Mr & Mrs Ng @ The Azure Residences from Kota Kinabalu, Sabah 

Withdrawal must be RM500 and above 

and can be done once a year. You are allowed to withdraw up to 

all the balance sum in your Account 2 and the money will be paid 

directly to the end financier. 

Mr. Samuel Ng from Kota Kinabalu Sabah has been running his 

own business in the advertising industry for more than 20 years. 

On 29th August 2015, Mr. Samuel Ng and his wife visited their 

new condo (Azure Residence’s show unit) and spent the weekend 

acquainting themselves with the surroundings of their new condo. 

We took the opportunity to have an interview with him. 

Q : How did you get to know WCT? 

A : Years back, they (WCT) had a project at Sutera Harbour golf 

course; all the rich and famous stay there and WCT made their 

name at Kota Kinabalu ever since then. 

Q : Why did you invest in KL/PJ? 

A : I always dreamed about having a property in KL or PJ. I 

have heard from many friends that they have good returns 

from property investment here. Besides, my children will soon 

be starting college and pursuing their careers. Educational 

institutions and courses offered are limited in KK and many of 

my friends are sending their children to KL/PJ to study upon 

completing their SPM (Malaysia O-level). I am an open minded 

person and I will let my children choose their own path. I am 

planning ahead for them should they decide to come to KL / PJ to 

further their studies or start their careers. 

Q : Why did you choose Azure Residences? 

A : My family will not come here to stay for the time being 

because my Children are still studying (secondary school). Azure 

Residences offers fully furnished apartments. I will not have to 

worry about how to furnish my house. Besides, I prefer a quieter 

place for my family as Azure Residences only has 189 units. We 

(Mr Samuel and his family) walked around Paradigm Mall and we 

like the mall because it meets our requirements. When it comes to 

household sundries, they have TESCO. For entertainment they have 

GSC cinema. Mostly, I will spend my free time at the fitness centre. 

They have FITNESS FIRST over here. So, I have no reason not to 

choose Azure Residences. 

Q : What are the differences between Kuala Lumpur and 

Kota Kinabalu? 

A : The last time I visited KL was 2-3 years ago. I can see more 

skyscrapers being built and KL is a very vibrant city. I have to 

admit, KL is the Central Business District (CBD) for Malaysia. 

Therefore, I believe there are more opportunities in KL than 

anywhere else in Malaysia. Just travel between KL & PJ and you 

will see LRT extensions and MRT construction projects taking place 

everywhere. Soon, KL & PJ will be better cities to live in 

when all these trains start operating. 

3rd Scheme 

Withdrawal to pay down housing loan monthly installment 

This scheme allows you to set up a standing instruction for money 

from Account 2 to be directly paid to the bank or even directly 

credited to your bank account. Once this has been setup, automatic 

monthly payments can only be cancelled 1 year after the initial 

withdrawal by filling in the Withdrawal Cancellation Application 

Form. 

Your monthly instalment 

must be more than RM100 

and withdrawal should 

cover at least 6 months. The 

maximum amount you can 

withdraw cannot exceed your 

monthly instalment. 

24 25


in the news 

Business News 

The Star Online | Thursday, 6 August 2015 

“The gross development value of the project is targeted at around 

RM1.5bil, spanning over three years,” Taing said, adding that the 

company will have a signing ceremony of its anchor tenants on 

Aug 13. 

WCT has recently renewed its tenancy agreements for its PJ 

Paradigm Mall, which is 93% occupied. 

It will also be launching a hotel – to be managed by Hong Kong’s 

New World Millennium – at PJ Paradigm Mall. 

On its plan to go the REIT way, Taing said the idea is “to get ready 

a platform” to list its new malls as and when they are ready and 

consistent with their long-term plan of establishing a recurring 

income, while maintaining a reasonable gearing at group level. 

“From the listing of the REIT, we will be able to reduce our 

gearing,” he said. 

As at March 31, WCT had a net gearing of 0.7 times. The 

firm’s total borrowings was at RM2.4bil, while cash and cash 

equivalents stood at RM762.7mil. 

bar, a 2,000 

square metre 

ballroom, an 

outdoor rooftop 

pool and 

gymnasium. 

The hotel, which 

is an integral 

component of 

WCT’s Paradigm 

integrated 

commercial 

development, 

is expected to 

strengthen the 

group’s property 

development 

as well as 

investment and 

management 

divisions. 

editorial Team 

Koh Boon Teng 

General Manager - Sales & Marketing 

Klang & Shah Alam 

REIT plan for WCT, 

likely IPO next year 

PETALING JAYA: WCT Holdings Bhd plans to launch a real estate 

investment trust (REIT) next year to unlock the value of its assets 

and pare down debts. 

It will firm up plans by year-end and if it does go ahead with the 

fund-raising event, the initial public offering (IPO) is likely to be 

towards the end of next year. 

The company will have four malls by then with a total net lettable 

area (NLA) of 3.3 million sq ft. The plan is to list a REIT that 

comprises purely its malls in the initial stages because the hotel 

business is still in its infancy. 

“We may consider injecting our hotel business when it is 

mature,” WCT managing director Peter Taing Kim Hwa told 

StarBiz. 

The plan is to REIT its PJ Paradigm and Bukit Tinggi AEON malls, 

with a combined NLA of 1.68 million sq ft, next year and inject 

Gateway@klia2 and JB Paradigm, with a combined NLA of 1.61 

million sq ft, two to three years later. 

PJ Paradigm Mall and the Bukit Tinggi Aeon Mall are more 

mature, with an estimated total asset value of RM1.2bil. 

If WCT’s plans were to take off, it would join the likes of 

CapitaMalls Malaysia Trust, IGB, Pavilion and Hektar REIT, which 

are all focused only on malls. 

Taing said the eventual plan was to have a total of five million sq 

ft of NLA in its REIT. 

The JB Paradigm Mall, among the largest in Johor, will have an 

NLA of 1.25 million sq ft. It will be operational by September 

2016. Located on 13 acres fronting the Skudai Highway, the 

project will comprise residential towers, offices and a hotel with 

a development cost of RM1bil. 

Said Taing: “Our plan is to swap all our current investment in the 

malls with new shares in WCT REIT, which is consistent with our 

long-term plan to grow our property investment business and 

unlock value.” 

He said the company hoped to retain about 40% in the REIT, as 

it would allow WCT to remain as the controlling shareholder and 

property manager of these assets. 

On the potential rise in interest rates (in the US), which may be a 

dampener for valuations of REITs, Taing said interest rates were 

a macro-economic factor. 

He said interest rates may affect REITs in the short term, but 

WCT’s objective is to establish a long-term recurring income 

from the property investment business. 

“We reckon that the other industrial players are strong and 

we will face stiff competition from the day we enter the mall 

business. But we believe we have the capability and resources to 

compete and achieve our long-term plan on property investment. 

To date, our mall business is stable and generates commendable 

returns to the group and we will stay focused on achieving our 

goals,” he said. 

The sun daily 

20th January 2015 

New World Hotels to 

manage WCT’s asset 

in Petaling Jaya 

PETALING JAYA: WCT 

Holdings Bhd has picked 

New World Hotels & Resorts, 

one of the region’s leading 

hospitality groups, to manage 

its soon-to-be completed 

hotel in Petaling Jaya, Selangor and is expected to sign an 

agreement 23rd January 2015. 

To be named New World Hotel Petaling Jaya, the “deluxe hotel” 

is expected to offer 316 guestrooms and suites with the brand’s 

signature Residence Club Living Room, a restaurant and rooftop 

The hotel will 

occupy the 

top 12 floors 

of the dualuse 

30-storey 

tower of The Paradigm, a RM1.8 billion integrated commercial 

development in Kelana Jaya. 

The Azure makes up the residential component of the 30-storey 

tower. Paradigm Mall, which is owned and managed by the 

developer, is also part of the integrated commercial development. 

According to WCT Holdings’ website, the hotel is scheduled to 

open at the end of 2016. 

The hotel will be New World Hotels & Resorts’ first hotel in 

Malaysia. The operator has presence in China, Hong Kong, 

Vietnam and the Philippines, catering to business travelers. 

According to its website, a hotel in Kota Kinabalu, Sabah is in its 

Malaysian pipeline. 

WCT Holdings currently operates Premiere Hotel in Klang. 

Located in Bandar Bukit Tinggi, it is a business hotel offering 250 

rooms and suites. 

Opened in October 2010, Premiere Hotel is the group’s first foray 

into the hospitality business. It also owns three shopping malls 

namely Bukit Tinggi Shopping Centre in Klang, Paradigm Mall in 

Petaling Jaya and gateway@klia2 in Sepang. 

It is currently developing its fourth shopping mall, Paradigm Mall 

in Johor Bahru. 

The group is involved in property development, engineering and 

construction as well as investment and management. 

The company’s property development and investment and 

management portfolio includes townships, luxury homes, highrise 

residences, industrial properties, offices, mixed commercial 

developments, concessions, hotels and shopping malls. 

It has projects located in Petaling Jaya, Shah Alam, Klang, Kuala 

Lumpur, Johor and Sabah. The group currently has a landbank of 

about 770 acres in Malaysia. 

Madeline Soo 

Marketing Manager 

Petaling Jaya 

Chee Sue Anne 

Asst. Sales & Marketing 

Manager 

JB & outstation projects 

Nancy Chuah 


Chong Chin Soon 

Asst. Sales Manager 

Mandy Wong 

Asst. Marketing 

Manager 

Sik Kian Chung 


26 27

CONTACT US 

WCT Land Sdn Bhd (324888-H) 


No. 63, Lorong Batu Nilam 1A 

Bandar Bukit Tinggi 

41200 Klang 

Selangor Darul Ehsan, Malaysia 

Tel: +(603) 3324 3255 

Fax: +(603) 3323 1217 

Email: enquiries.wctland@wct.my 

WCT Show Gallery (Klang Valley) 

Lot No. CF-08, Level CC 

Paradigm Mall 

No.1, Jalan SS7/26A, Kelana Jaya 

47301 Petaling Jaya 

Selangor Darul Ehsan, Malaysia 

Tel: +(603) 7887 4820 / 21 

Fax: +(603) 7887 4825 

Email: enquiries.wctland@wct.my 

WCT Medini Gallery 

G1 & G2, Ground Floor 

No.2, Persiaran Medini Utara 3 

Hab One Medini 

79000 Nusajaya 

Johor, Malaysia 

Tel: +(607) 553 9222 

+(607) 510 1010 

Fax: +(607) 510 2800 

Camellia Tropicana Sdn Bhd (712359-P) 


Lot 31, Ground Floor 

Ruang Grace Square 

Jalan Pantai Sembulan 

88100 Kota Kinabalu Sabah 

Tel: +(6088) 312 333 

Fax: +(6088) 312 108

News On WCT (NOW) | Quarterly

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