Major Work Experience

MAJOR WORK EXPERIENCE



List of major valuation work undertaken by HASB Consultants Group
NoParticularsMarket Value
(in RM m)
1 Valuation of Oil Palm Plantations in Sabah, Johor and Belaga, Sarawak, District of Kinabatangan, Sandakan, Sabah 500+
2 Valuation of forest concessions in Sarawak 100+
3 Valuation of Plywood Comples and Staff Quarters in Kuala Baram Land District, Miri, Sarawak 100+
4 Valuation of Radiata Pine Forest Plantation of Hikurangi Forest Farms Limited at Gisborne, New Zealand NZD303
5 Valuation of Development Lands at Bandar Sri Manjalara, K.L. 180
6 Valuation of Oil Palm Mills 50+
7 Valuation and consultancy of telecommunication towers, plant and machinery equipment and buildings. Confidential
8 Valuation of rattan plantation at Ulu Tungud/Bukit Kuamas in the State of Sabah 90
9 Valuation of Industrial Properties 170
10 Revaluation of Bintulu Port, Bintulu, Sarawak 400
11 Valuation of Acacia Plantation in Sedeli, Kota Tinggi, Johor 140
12 Valuation of Timber Concessions & Oil Palm Plantation in Gerik, Tapah & Tg. Tualang, Perak Darul Ridzuan 90
13 Valuation of Industrial Properties in Beranang Industrial Park, Selangor 22
14 Valuation of Industrial Properties in Rawang Perdana Industrial Area 34
15 Valuation of Industrial Properties in Pulau Indah Industrial Park 12
16 Valuation of Timber Concession 50
17 Valuation of properties & Timber Concession for public listing 40
18 Valuation of properties for merger exercise 16
19 Valuation of Properties 190
20 Plants & Machinery Valuation for Timber Industries 90
21 Valuation of timber concessions 300+
22 Valuation of timber concessions for submission to Securities Commission 50+
23 Valuation of a multi-storey building (for Office cum Hotel) 400+
24 Valuation of Condominium Development 76
25 Feasibility studies for commercial developments - I Con Square -
26 Valuation of purpose built office building – Wisma LHDN, Ibraco House 50+
27 Valuation of Tabung Baitumal Properties (Kuching & Sibu) 100+
28 Valuation of Syariah Court Properties 50+
29 Valuation of Properties (Kuching & Sibu) 50+
30 Valuation of MISC properties 100+
31 Valuation of Hotels in Langkawi, Labuan and Kuching
  • Sheraton Langkawi, Delima Resort Langkawi, Manikar Resort Labuan, Santubong Resort Kuching
 250+
32 Valuation of Oil Palm Plantations 120+
33 Valuation & Feasibility of Property in Kuching, Sarawak 160+
34 Valuation & Feasibility of Property in Kuching, Sarawak 50+
35 Valuation of Landed Properties in West Malaysia, Sabah & Sarawak 200+
36 Sales by Public Tender for two (2) individual banking/office units on Ground & 1st Floors at the East Wing bank Podium of Sommerset Gateway, Kuching Confidential
37 Valuation of Landed Properties for Recovery & Auction Confidential
38 Public Tender & Public Auction of Landed Properties Confidential
39 Appearing as Expert Witness in Land Reference Cases Confidential
40 Valuation of landed properties for internal management purposes 150+
41 Valuation of Palm Oil Mills for financial reporting purposes
  • Belaga, Lana & Lahat Datu
 80+
42 Valuation of Hotels
  • Four Points Sheraton Hotel
 230+
43 Valuation of Oil Palm Estates for financial reporting purposes
  • Punan Land District, Bahagian Kapit
  • Tubau District, Bintulu Division
  • Belaga District, Bahagian Kapit
  • Amalania Estate, Kinabatangan, Sandakan Division
Timora & Titleland Estate, Kinabatangan, Sandakan Division
259+
161+
425+
189+

139+
44 Valuation for listing exercise in Hong Kong Stock Exchange (assets all over Malaysia). 500+
45 Valuation for corporate management, insurance & accounting purposes (assets all over Malaysia). 120+
46 Valuation of a land approved for mixed development (Kuching Business Park). 31+
47 Valuation of a land proposed for highrise development at Simpang Tiga, Kuching. 76+
48 Valuation of Suburmas Plantations, Sungai Similajau, Bintulu, Sarawak. Confidential
49 Valuation of commercial properties for Choice Supermall. 33+
50 Feasibility study of land development in Felda Chuping, Perlis. 60
51 Feasibility study of replanting oil palm plantation in Melaka. 127
52 Valuation of assets owned by Malaysian Timber Industry Board (MTIB). 130
53 Valuation of oil palm plantations. Confidential
54 Valuation of oil palm plantations. Confidential
55 Valuation of hotel in Melaka. 21+
56 Market and Feasibility Study of a property in Ipoh Perak. 100+
57 Valuation of Hotel in Melaka. 41
58 Valuation of a development land in Sri Hartamas, Kuala Lumpur. 17
59 Valuation of a six storey shop office building located along Jalan Tuanku Abdul Rahman, Kuala Lumpur. 33
60 Valuation of landed properties in Kuching, Bintulu, Mukah and Miri. 112+
61 Valuation of commercial properties located on part of Lot 12080, Mukim of Hulu Kinta, District of Hulu Kinta, State of Perak. 220
62 Valuation of commercial properties located on PT 14714, HS(D) 32184, Mukim of Kamunting, District of Larut & Matang, State of Perak. 180
63 Valuation of development lands known as PT 9193, 9194 and 9195 and a state land, Mukim and District of Petaling, State of Selangor. 110+
64 Report and Valuation of an exhibition and convention centre with retail lots within a six-storey commercial complex with abasement and upper levels car park known as Ipoh Convention Centre, Jalan Sultan Abdul Jalil, Greentown, 30300 Ipoh, Perak Darul Ridzuan. 260
65 Valuation of properties for IAS40 (Investment Property) Fair Value Disclosure as at 30 June 2017. 280
66 Valuation of Emerald Tulamben Resort & Spa, Bali, Indonesia. 18
67 Valuation report for a 4-Storey, 136-Rooms, Three-Star Hotel known as Hotel Seri Costa, Jalan PMS, Plaza Mahkota ,75000 Melaka. 25
68 Valuation of oil palm plantations (Pertasa Estate and Shariko Estate, Timor Estate and Titleland Estate, Malania Estate, Belaga Estate, Lana Estate and Jelalong Estate) in Sabah and Sarawak. 169+
69
  • Valuation of oil palm plantations (PT IAM, Bulungan, Kalimantan Utara, Indonesia)
  • Valuation Of Oil Palm Plantations (PT ABP, Bulungan, Kalimantan Utara, Indonesia)
  • Valuation Of Oil Palm Plantations (PT TBP, Bulungan, Kalimantan Utara, Indonesia)
 306+
70 Two plots of residential development land at the Mukim Ijok, District of Kuala Selangor, State of Selangor. 281+
71 Three plots of residential development land located in the District of Kuala Selangor and State of Selangor. 266+
72 A four storey corner shop office located at SS 15, Subang Jaya, Selangor Darul Ehsan and a four-and-a-half storey stratified shop office located at Fahrenheit88, Jalan Bukit Bintang, Bukit Bintang, Kuala Lumpur. 18
73 A four-and-a-half storey stratified shop office located at Fahrenheit88, Jalan Bukit Bintang, Bukit Bintang, Kuala Lumpur. 11
74 Two units of individually designed industrial premises located at Kawasan Perindustrian Kampung Baru Belakong, Balakong, Selangor Darul Ehsan. 41+
75 An individually designed industrial premises located at Seksyen 22, Shah Alam, Selangor Darul Ehsan. 27
76 A parcel of vacant agricultural land zoned for 'residential' use located at the Locality of Sungai Sekamat, Mukim of Cheras, District of Hulu Langat, State of Selangor. 21+
77 Two parcels of vacant agricultural land zoned for 'residential' use located at Mukim of Beranang, District of Ulu Langat, State of Selangor. 21+
78 An industrial premise located at Kawasan Perindustrian Telok Panglima Garang, Telok Panglima Garang, Selangor Darul Ehsan. 28+
79 Re-valuation of a 12-storey hotel complex known as Century Hotel (for the purpose of sale by Receivers and Managers) in Kuching, Sarawak. 190+
80 Update valuation of a plantation held under licence for Planted Forest No. LPF/0042 in Kuching Division within Sampadi Forest Reserve and Batang Kayan state land. 110+
81 Valuation of 20 parcels vacant potential residential development land at Bukit Rotan measuring some 291.2 ha in size for internal management. 960
82 Valuation of Development Lands in the Districts of Menggatal, Telipok. Beaufort, Keningau, Sandakan and Tawau in the State of Sabah. 10


Public Auctions and Tenders

We are currently involved in conducting public auction & tender cases for various financial institutions and body corporates. Besides the abovementioned, we have also successfully dispose of properties held under Prokhas Sdn Bhd (Danaharta Nasional Berhad).

As at December 2019, we have carried out more than 1,300 cases (judicial and non-judicial) of tender and auction for properties located within the state of Sarawak since Year 2009. These cases were conducted by Sr Henry Lu Nam Huat and Sr Terence Yap Wei Tzen, both who are registered estate agents and licensed auctioneers.


Estate Agency

The estate agency division of HASB Consultants (Sarawak) Sdn Bhd was revived in April 2012 under the supervision of Sr Terence Yap Wei Tzen with the assistance of real estate negotiators covering private treaty sale and also rental market.

Currently, our group has conducted the project marketing for the following development:-

  1. Bowood Villa, Lorong 2 Sungai Tapang, Kuching, Sarawak.
    This residential estate is developed by Bowood City Development Sdn. Bhd. It comprises of nine units of terrace and four units of semi-detached dwelling house. Our firm is the sale agent for this development.
  2. Taman Stakan Waja, Jalan Muara Tuang, Kota Samarahan, Sarawak.
    This residential estate is developed by Procon Sdn. Bhd. It comprises of 57 units of dwelling house. Our firm is the ad-hoc sale agent for this development.
  3. Royale 8 Residence, Lorong 6 Hui Sing Garden, Kuching, Sarawak.
    This residential estate is developed by Team Empire Sdn. Bhd. It comprises of eight units high-end semi-detached dwelling house. Our firm is the ad-hoc sale agent for this development.
  4. Kota Sierramas, Nilai, Negri Sembilan
    The residential estate is developed by PNB Development Sdn Bhd and is an integrated township. Our KL office are currently marketing the townhouses for the developer.
  5. Madge Mansions
    Madge Mansions consists of three blocks of 10-storey high end condominium blocks, totaling 52 units. Our Selangor office are currently marketing on an Ad-hoc basis for the developer, Gamuda Land.
  6. HCK Group
    Our Selangor office are currently one of the estate agencies for HCK Group and we are currently marketing the Duo @ USJ 1 in Subang Jaya and Jazz Boulevard @ Pacific Place in Petaling Jaya.
  7. Taman Jasmine, off Jalan Depo, Petra Jaya, Kuching
    This residential estate is developed by Masama Sdn. Bhd. It comprises of 32 units of terrace and 12 units of semi-detached dwelling house. Our Sarawak office is the Exclusive Marketing Agency for this development.
  8. Rimbun, Jalan Seri Ampang Hilir, Kuala Lumpur
    We are one of the ad-hoc estate agencies for the developer to market the developer’s retained high-end apartment units for lease and sale.
  9. Laville, Taman Maluri, Kuala Lumpur
    We are one of the ad-hoc estate agencies for the developer to market the developer’s new phase of high-end condominium units for sale.
  10. Dorsett Place, Subang Jaya
    A development consisting of 1,900 units of serviced apartment units below 1,000 sq ft and we are one of the ad-hoc estate agencies for the developer.
  11. Oxford Park Avenue for Perumahan Pejawat Awan Malaysia (PPAM)
    PPAM’s Oxford Park at 9th Mile Kuching - Serian Road, Muara Tuang where 111 units three storey townhouses are built. About 50% sold were sold by us as at March 2019.

Our group has the following Tenancy Administration jobs:

  1. A group of individual owners is appointed the group to manage 20 units of their SOHO units in Empire Damansara, Petaling Jaya to liaise with the developer for snagging work during the warranty period, rent collection and reviews, maintenance works cum supervision, payment of statutory taxes and bills and furnishing.
  2. A number of landlords are using our tenancy administration services for snagging work, management, maintenance, rental collections and payment of charges, taxes and bills.

Property Management

We have taken on several property management assignments and the projects are as below.


Property Management
  1. Property management advisory to Menara TM at Jalan Pantai Baru, Kuala Lumpur in the years of 1990, 1991 and 1994. The building is 55 storeys or 310 m (1,017 ft) in height and is shaped like a sprouting bamboo shoot. The floor area about 150,000 sq m and the complex also includes a theatre able to seat a 2,500 audience, a large prayer hall (surau) and a sports facility. A unique feature of the tower is its 22 open sky gardens alternating every three floors. The office floors are separated into north and south wings served by express double-deck elevators.
  2. Property management services for a 15-storey Riverbank Suites and Office Tower with five levels of basement in Kuching City Centre from October 2001 to April 2004. The building was completed in 1996 and during our tenure, we advised to the developer to form a committee similar to the current peninsular requirements of forming a Joint Management Body to assist the owners to understand the developer and vice versa.
  3. Facilities manager for a cluster of five warehouses in Klang Valley for Mapletree Malaysia Management Sdn Bhd from 1 January 2014 to 28 February 2018. The warehouses cover around 80,000 sq ft of logistic warehousing building space where three of the warehouses are in Shah Alam and the remainder in Subang Jaya.
  4. Facilities manager for three warehouses in Mapletree Shah Alam Logistics Park (MSALP) for Mapletree Malaysia Management Sdn Bhd since 1 February 2014. The warehouses cover around 640,000 sq ft of logistic warehousing space on a 25-acre land and our tour of duty ended 29 February 2020.
  5. Property management consulting to Sri Emas Management Corporation at a freehold condominium development known as Sri Emas Condominium, Jalan Hang Isap, off Jala Pudu, Kuala Lumpur from 11 June 2018 to 10 December 2019.
  6. Property Manager for JMB Oviedo & Seville, a freehold landed strata development located at Diamond Residence, Semenyih. The development has 208 detached houses on landed strata parcels and we commenced on 1 January 2019 with a familiarization exercise in December 2018. We ended our service on 17 February 2020.
A summary of the six past projects as follows:
No.SiteTermScope
i. Menara TM, Kuala Lumpur 1990 to 1991 and 1994 Advisory and consultancy
ii. Riverbank Suites and Office Tower, Kuching October 2001 to April 2004 Property management
iii. Cluster of five warehouses with around 80,000 sq ft of warehousing space in Klang Valley 1 January 2014 to 28 February 2018 Facilities management
iv. Mapletree Shah Alam Logistics Park (MSALP), Shah Alam 1 February 2014 to 29 February 2020 Facilities management
v. Sri Emas Condominium, Kuala Lumpur 11 June 2018 to 10 December 2019 Advisory and consultancy
vi. Oviedo & Seville, Diamond Residence, Semenyih 1 December 2018 to 17 February 2020 Property management

Current Projects:
  1. Property management advisory and consultancy to the Joint Management Body (JMB) of Desa Gembira Condominium at Happy Garden, Kuala Lumpur on an-hoc basis in November 2013 to October 2014 and we are appointed as the managing agent for the JMB from 1 March 2017. The condominium had 362 residential units and a clubhouse with facilities sited on a surveyed land area of 16,942 sq m (about 1.69 ha or 4.19 ac). We have been renewed for three terms and we are in the fourth term.
  2. Property manager for Casa 2 Management Corporation, the management body for a freehold strata condominium development known as Casa Damansara 2. The development has 152 condominium units in a 21-storey residential block with facilities sited on at 0.54 ha (about 1.34 ac) plot of land and we commenced on 7 August 2019.
  3. Property manager for Badan Pergurusan Bersama (JMB) Pacific 63, the management body for a 99-year leasehold strata SOHO development known as Pacific 63. The development has 260 condominium units in a 21-storey residential block with facilities and we commenced on 1 December 2019 for one-year contract.
  4. Property consultancy for Ohako Asset Management Sdn Bhd, the property management arm of Marimo Land Bhd, the Malaysian development arm of Marimo Co. Ltd of Japan. Our appointment starts from 1 July 2020 during the developer’s management period until the formation of the Joint Management Body or Management Corporation for their freehold O’hako Residence, Bandar Puchong Jaya, Puchong. Sited on a 1.78 ha (about 4.4 ac) land, the development consists of two 31-storey blocks of 718 units of serviced residences with a facilities podium block and was completed in November 2019. The unit size consists of 75.72 sq m (815 sq ft), 88.72 sq m (955 sq ft) and 93.09 sq m (1,002 sq ft), with the latter two being three-bed, two-bath units.

Some images of our current and past projects is in the next page.

Project Management

Our Associates, HAPM Consultants Sdn Bhd, is involved in project management consultancy in the following projects:

  1. Project Manager for the New Telekom Headquarters Building at Jalan Pantai Baru, Kuala Lumpur.
  2. Project Manager for the Bakun Resettlement Scheme Project, Bintulu, Sarawak.
  3. Project Manager of the Public Bank Technical & Information Technology Operation Centre, Bangi, Selangor.
  4. Project Manager for the Multimedia University Campus, Cyberjaya, Malaysia.
  5. Project Management Consultants for the New Campus of Universiti Malaysia Sarawak (UNIMAS).

PHOTOGRAPHS - Past projects





Telekom Headquarters Building, Kuala Lumpur





Riverbank Suites and Office Tower, Kuching





Mapletree Malaysia Management – Subang 3, Subang Jaya





Mapletree Malaysia Management – Subang 4, Subang Jaya





Mapletree Malaysia Management – G-Force Warehouse, Shah Alam





Mapletree Malaysia Management – Pancuran Warehouse, Shah Alam





Mapletree Malaysia Management – Linfox Warehouse, Shah Alam





Sri Emas Condominium, Kuala Lumpur





Oviedo & Seville, Semenyih





Mapletree Shah Alam Logistic Park [MSALP], Shah Alam





PHOTOGRAPHS - Current and up coming projects





Desa Gembira Condominium, Kuala Lumpur





Casa Damansara 2, Petaling Jaya





Pacific 63, Petaling Jaya





O’hako Residence, Puchong