2 July 2018, The Edge 有报道说： “The zero-rated GST does have a positive impact on the overall sales of property products, particularly commercial property as the 6% savings can be quite substantial to the purchasers.“With the new government formed, we believe the government will look into the property industry once other policies that are of higher priority have been settled. We believe affordable homes will still be a focus area for the government, as this is one of the most challenging issues plaguing Malaysia,” Lim said, adding this will also benefit Titijaya, which he believes is well-positioned to meet demands in this segment.
As at 9MFY18, Titijaya had achieved total sales of RM284 million, mainly contributed by the first phase of its 3rdNvenue project in Jalan Ampang, the H2O development in Ara Damansara, and The Shore in Sabah. Sales in the remaining quarter of FY18 will also be driven by the same projects. Its unbilled sales as at end-March stood at RM380 million.
In the second half of 2018, Titijaya intends to launch three projects with a combined gross development value of RM826 million, comprising two developments in Kuala Lumpur and one in Subang, Selangor. They are: the second phase of 3rdNvenue which has a RM338 million GDV; Riveria City at KL Sentral (RM320 million), and Damaisuria in Subang (RM168 million).
CREC (China Railway Engineering Corporation 中国铁路工程有限公司) Titijaya expanded this partnership, firstly in 3rdNvenue in 2016, followed by The Shore @ Sabah in 2017. We selected CREC as our partner because of its international experience and expertise in the construction industry. Having CREC as a JV partner enabled us to capitalise on new opportunities and to tap on new markets for Titijaya as well as our first venture into East Malaysia.
Bina Puri Riveria City @ KL Sentral is a joint venture project with Bina Puri and Prasarana,
(话说，Riveria City in KL Sentral and 3rdNvenue in Ampang, which have an average unit price of RM604,000 and RM710,000 respectively (属于可负担房屋) . These two projects consist of affordable and medium-cost units that are resilient to the demand risk.)
小project的合作伙伴 公司的Jalan Stonor Project with Lembaga Getah Malaysia, Bukit Bintang Project with Ministry of Education Malaysia, and Areca @ Batu Maung, Penang with Lembaga Kemajuan Ikan Malaysia
整片文章的重点如下： Second half of 2018, Titijaya intends to launch three projects with a combined gross development value of RM826 million 1) Second phase of 3rdNvenue RM338 million 2) Riveria City at KL Sentral (RM320 million) 3) Damaisuria in Subang (RM168 million).
3rdNvenue 的project将会和CREC合作，Riveria City将会与Bina Puri合作，唯一一个Mmode有机会可以分到一点羹的就只有Damaisuria in Subang这个Gross Development value值 RM 168 million的project 了。话说回来，Mmode上个月 Jun 8 2018得到的RM260.57 million contract (build a 25-storey mixed commercial development at Jalan Tun Fuad Stephens in Kota Kinabalu, Sabah.)位于Sabah，所以和Damaisuria的project没有关系。
另外呢，Titijaya 目前的Ongoing 和 Upcoming Project 如下:
以现在Mmode刚刚进军Construction行业来看，应该还没有什么竞争优势。只有等笔者有机会和管理层沟通后，才能更一步了解公司了。笔者猜想说，Mmode下半年应该不会得到大project了，就算如此，Mmode上个月 Jun 8 2018得到的RM260.57 million contract (Contribute Profit to FY19 to FY21)，也就是说平均一年有 RM85 million的revenue，这笔数目足够让Mmode的成长狂飙了。
1) 公司目前的Cash那么多，未来有什么plan？ 2)公司目前tender 的 order有多少？ 3)公司construction部门除了Titijaya PWC Sdn Bhd外，有没有本事拿到别的公司的order？