Homeguru - News Articles on Andaman Property Management Group

Andaman Property holds festive night for media

Andaman Property Management Sdn Bhd, one of leading property management and services firms in Malaysia, held its festive media night last 8 December at No Black Tie - Kuala Lumpur's Premier Jazz Club.

The Andaman Media Night aimed to thank the members of the media for their dedication, hard work and support.

"Andaman Group couldn't have done it this year beautifully without the full and constant support from the media, suppliers and related partners in media" said Dato' (Dr.) Vincent Tiew, Sales and Marketing Director.

"The objective and main purpose of this media night is for us to network and get to know each other."

He noted that the company also plans to launch six new projects "within the first half of Year 2012 with advertising spending more than RM3 million."

The guests and members of the media were served with a various choices of sumptuous Japanese Buffet, as well as red wines, white wines and soft drinks on free flow. They were also entertained by various performers, including Tay Cher Siang, Lydia Chew, Winnie Ho and Z Yan.

The main highlight of the event was the lucky draw prizes, where the winners took home a Plasma Screen Television.

The group has achieved more than RM1 billion of gross sales revenue in 2011, while it aims another RM1 billion in 2012.

Source: Homeguru - Andaman Property holds festive night for media

Andaman eyeing East Malaysian market

Andaman Property Management Sdn Bhd’s recent launch of The Arc@Cyberjaya project in East Malaysia has proven its popularity among Sarawakians.

"With the new roadshow campaigns that kicked off in early June specifically for the RM650 million The Arc@Cyberjaya project, our record shows that 20 percent of the buyers are from East Malaysia," said Datuk Vincent Tiew, Head of Sales and Marketing at Andaman Property.

"As of date, the number of East Malaysian buyers has surpassed the expectation and target of 15 percent set by the management."

Datuk Tiew noted that the robust demand in East Malaysia had prompted the group’s overall performance in terms of sales and highlighted East Malaysia’s potential.

Meanwhile, the group is targeting five percent sales for its upcoming 416-unit The Academia@South City Plaza development in East Malaysia.

Currently, the total investment from the East Malaysian market accounts for 15 to 18 percent of the company’s total gross developmental value (GDV), Datuk Tiew said.

Moving ahead, Andaman is currently in the process of completing up to RM1 billion worth of real estate development projects.

Datuk Tiew noted that the group "is poised to launch and manage another 10 new projects with a total GDV value of over RM 1.5 billion in year 2011 and 2012."

Source: Homeguru - Andaman eyeing East Malaysian market

Andaman Property Management to launch 10 properties

Andaman Property Management Sdn Bhd (APM) seeks to be the leading property management and property related services company in Malaysia.

From January 2011 onwards, APM will be launching and managing at least 10 assets worth RM2 billion simultaneously, said Datuk Vincent Tiew, Executive Director for Sales and Marketing of the company.

Out of the 10 projects it currently manages, four belong to the Andaman group.

"And we anticipate more developers and landowners to request for our services this year," said Mr. Tiew in an interview with StarBiz. He added that the company’s business model is to develop and handle properties while generating fast turnaround and high yield for landowners and developers.

Regarding its business model, Mr. Tiew said, "We want to be a leader in the industry in the country and build a strong track record of developing, maintaining and adding value to the properties that we manage in terms of yield, occupancy rates and capital gain for our clients, including property buyers."

Source: Homeguru - Andaman Property Management to launch 10 properties

Malaysia Property Showcase 2011 receives stellar response

The Malaysia Property Showcase 2011 held for the first time last weekend by Malaysia's property expert HomeGuru witnessed a strong response, with the first people arriving at 9:30 am on Saturday.

Held at Orchard Hotel in Singapore, the two-day showcase featured several top developers such as Ireka Corporation Bhd, Andaman Group, Lone Pine Group, The Haven Sdn Bhd, Sime Darby Property and UEM.

"Response has been good with quality walk-in clients. We got a chance to talk to people for about 20 to 30 minutes so we know they are serious buyers. The crowd was fantastic," said a spokesperson from Ireka. "Apart from that, there were quality seminars to educate the public and we intend to take part again next year."

Among the topics discussed include Iskandar Regional Development Authority by Azwah Mohd Noo, Intricacies of Property Financing in Malaysia/Mortgage by Adrian Un, Property Investment: Mortgage and Grow Rich by Alfred Chia, Legalities for Foreign Property Investors to Malaysia and Investment Opportunities in Nusajaya, Iskandar Malaysia.

In addition, the event featured various projects including Andaman Group's The Arc, Sime Darby Property's Isola, Lone Pine Group's 1 Tanjong, The Haven in Ipoh by The Haven Sdn Bhd, UEM Land Holdings' Impiana @ East Ledang and Imperia @ Puteri Harbour as well as Ireka Corporation Berhad's SENI Mont' Kiara.

"The event was a good experience for us, giving positive exposure and a chance to meet Singapore buyers. We also got to meet local agents and build relationships. Hope we can get positive follow-up soon," said Mabel Ooi, General Manager, Marketing and Corporate Affairs, Lone Pine Group.

 Source: Malaysia Property Showcase 2011 receives stellar response