By:

Investment Summary
The Boutique Commercial Centre
Pusat Komersial Sutera Wangi, Batu Berendam Melaka is in Melaka Tengah. It is a
boutique 11-unit commercial center, located at a buzzling district in Batu Berendam, Melaka. It
is well connected with Melaka International Airport (500 meters), SPA Highway, Melaka
International Trade Centre (2km), Opposite of the Airport Mosque (Masjid Nurul Hidayah) and
20 minutes away from the city center. Our commercial center is in a densely populated
residential area with no other comparable commercial facilities within its 3 kilometers radius.

Project description
It is 11-unit commercial offices that consist of 2 units of 3 storey (50’X50’) (Conner
Lots), 8 units of 2 storey (22’X70’) (Intermediate lots) and 1 unit of 2 storey (49’ X70’) (End
Lot). It its on MCL (Malay Customary Land) commercial status with individual land titles. 87
parking lots are available in this commercial center which equates to 3 lots per intermediate
office unit. Our intermediate units individually have extra land on their respective plots. We are
located at the main entrance of Taman Sutera Wangi Phase 1, Phase 2 and Phase 3 while
nearby residential areas are Taman Setia Budi, Taman Mas Merah and Taman Mas Merah
Jaya.

Timeline
Pusat Komesial Sutera Wangi has started construction on 1st June 2022, and it is
expected to be completed in December 2023. We have finished all preliminaries and piling
works on 5th July 2022.

Market overview
Melaka is a proven tourist destination for Malaysians as well as Foreigners. Melaka’s
attraction is mainly due to its size, facilities, historical attractions, entertainment outlets,
medical facilities, higher education institutions and its central location in southern peninsular
Malaysia. Property prices in Melaka are considered more affordable in comparison to its peers
in Kuala Lumpur, Johor Baharu or Seremban. Melaka’s population is expected to increase to
1,190,000 in the year 2040 which indicates growth and demand for commercial facilities. Due
to the reactivation of tourism post covid 19 pandemic and the stability of the state government
post state elections we expect positive momentum of Melaka’s growth.

Financial Detail
The overall price for Pusat Komersial Sutera Wangi is RM 14,468,450.00
Our Team
Executive Chairman : Datuk Wira Hj Mustazah Bin Hj Osman
- Over 35 in years’ experience in the real estate development industry.
- Ex- Corporate Banker Public Bank Berhad 8 years.
Chief Executive Officer: Muhammad Zafri Bin Datuk Wira Hj. Mustazah
- Over 5 in years’ experience in the real estate development industry.
- Holds a master’s in real estate from the University of London.
- A Bachelor of Science in Corporate Finance.
Chief Financial Officer: Muhammad Zulfaqar Bin Datuk Wira Hj Mustazah
- Over 3 in years’ experience in the real estate development industry.
- Holds a master’s in international Relations from the Geneva School of Diplomacy.
- A Bachelor of Arts in International Relations and Politics.
Technical Advisor: Hj. Ramly Bin Hj Osman
- Over 25 in years’ experience in the real estate and construction industry.
Past Track Record
1. Project manager and contractor for the development and construction of 74 units
apartments known as Pangsapuri Pasir Puteri at Ujong Pasir Melaka.
a. Period: 2005 to 2007.
b. Contract value: RM 7,000,000.00.
c. Note: Project fully completed with CFO issued.
d. Client: Koleksi Asli Sdn.Bhd.
2. Project manager and contractor for the development and construction of 256 units of mixed
development project known as Taman Tangkak Emas, Tangkak Muar, Johor.
a. Period: 2008 to2012
b. Contract value: RM 18,000,000.00
c. Note: Project fully completed with CFO issued.
d. Client: Koleksi Asli Sdn. Bhd.
3. Project Manager and Coordinator for the reclamation project at Kota Laksamana, Bandar
Melaka, Melaka. Total reclamation area is 56 acers.
a. Period: 2015 to 2017
b. Contract value: RM 35,000,000.00
c. Client: Joint Venture agreement between Laila Development Sdn. Bhd. & Grand
Champion Sdn Bhd.
d. Note: Fully completed with land title issued.
4. Project planning advisory for KEB Sdn. Bhd. for the development of 1600 units (3 block) of
condominium at Kota Laksamana Melaka.
a. Period: 2019-2020.
b. Note: Development order obtained (Issued by Majlis Bandaraya Melaka Bersejarah)
in 2020.
c. Client: KEB Sdn. Bhd. (A reputable developer in KL).
Site of Development
Architectural Perspectives
Site Location
Site Progress 10 July 2022
-Piling works finished and preliminaries
Parking Area
-87 lots
Melaka Investment update
Price list
No PT Type Total Extra Price of Extra Base Price Final Price
Number Build Up Land Land (@ RM50
Area (SQFT) per SQFT)
(SQFT)
1 PT 16333 3 Storey Shop Offices 11,243.99 0 0 RM3,500,000.00 RM3,500,000.00
(Front Facing) (50'55")
2 PT 16334 3 Storey Shop Offices 9681.74 0 0 RM3,000,000.00 RM3,000,000.00
(Corner Lot) (50'55")
2 Storey Shop Offices (End 4,252.88 0 0 RM1,350,000.00 RM1,350,000.00
3 PT 16343
lot) (49'70")
2 Storey Shop 2,938.35 1036 RM51,800.00 RM799,000.00 RM850,800.00
4 PT 16335 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 902 RM45,100.00 RM799,000.00 RM844,100.00
5 PT 16336 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 768 RM38,400.00 RM799,000.00 RM837,400.00
6 PT 16337 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 633 RM31,650.00 RM799,000.00 RM830,650.00
7 PT 16338 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 499 RM24,950.00 RM799,000.00 RM823,950.00
8 PT 16339 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 365 RM18,250.00 RM799,000.00 RM817,250.00
9 PT 16340 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 230 RM11,500.00 RM799,000.00 RM810,500.00
10 PT 16341 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 96 RM4,800.00 RM799,000.00 RM803,800.00
11 PT 16342 Offices(Intermediate)
(22'70")
TOTAL RM14,468,450.00
Rental Scenario & Asset Appreciation
No PT Type Total Final Price Projected Projected Projected 3
Number Build Up Rental Per Rental per year Years Asset
Area Month Appreciation
(SQFT)
1 PT 16333 3 Storey Shop 11,243.99 RM3,500,000.00 RM21,000.00 RM252,000.00 RM4,168,556.00
Offices (Front Facing)
(50'55")
2 PT 16334 3 Storey Shop 9681.74 RM3,000,000.00 RM18,000.00 RM216,000.00 RM3,573,048.00
Offices (Corner Lot)
(50'55")
2 Storey Shop 4,252.88 RM1,350,000.00 RM9,000.00 RM108,000.00 RM1,607,871.60
3 PT 16343 Offices (End lot)
(49'70")
2 Storey Shop 2,938.35 RM850,800.00 RM6,000.00 RM72,000.00 RM1,013,316.41
4 PT 16335 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM844,100.00 RM5,900.00 RM70,800.00 RM1,005,336.61
5 PT 16336 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM837,400.00 RM5,800.00 RM69,600.00 RM997,356.80
6 PT 16337 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM830,650.00 RM5,700.00 RM68,400.00 RM989,317.44
7 PT 16338 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM823,950.00 RM5,600.00 RM67,200.00 RM981,337.63
8 PT 16339 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM817,250.00 RM5,500.00 RM66,000.00 RM973,357.83
9 PT 16340 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM810,500.00 RM5,400.00 RM64,800.00 RM965,318.47
10 PT 16341 Offices(Intermediate)
(22'70")
2 Storey Shop 2,938.35 RM803,800.00 RM5,300.00 RM63,600.00 RM957,338.66
11 PT 16342 Offices(Intermediate)
(22'70")
RM14,468,450.00 RM93,200.00 RM1,118,400.00 RM17,232,155.45
Land

Titles
Project

Brochure