The Ruma

Review of: The Ruma
HOT New Launch in KLCC:
Propertyguru
Price:
RM 1.2M onward

Reviewed by:
Rating:
5
On March 19, 2013
Last modified:April 20, 2015

Summary:

Right Smack at KLCC, Cant be any closer with surrounding MRT and Shopping Enclave!

The Ruma Residences @ Jalan Kia Peng, KLCC

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Breath Taking View

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Location Map

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The Ruma Residences Start from Level 20 – 37

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The Ruma Residences Facilities at Level 19

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About Developer (Ireka)

Developer of Exceptional Leadership Founded in 1967, Ireka Corporation Berhad (‘Ireka’) is a company listed on the Main Board of Bursa Malaysia.

The Group’s activities are divided into three core businesses: Infrastructure, Real Estate and Technologies.

Ireka Corporation Berhad started its business as Syarikat Lai Siew Wah, a sole proprietor undertaking general earthworks such as site-clearings and road works construction throughout Malaysia, as a sub-contractor initially and later as a sole contractor.

In the 1970s, Ireka expanded its fleet of plants and machineries and began to take on large-scale construction works.

It emerged as one of the largest local earthwork contractors in Malaysia notable projects such as the Kuala Lumpur International Airport runway, sections of the Kuala Lumpur Middle-Ring Road II and North-South Expressway, Triang Water Treatment Plant, Putrajaya Government Administrative Offices, DiGi Corporate Office (D’House), Technology Park Malaysia and The Westin Kuala Lumpur.

Within its Real Estate business, Ireka successfully pioneered the listing of Aseana Properties Limited (‘Aseana’), a first-of-its-kind property fund, on the London Stock Exchange in 2007.

To undertake property development activities in Malaysia and Vietnam. Ireka’s wholly-owned subsidiary, Ireka Development Sdn Bhd (‘IDM’), is the exclusive Development Manager for Aseana.
In Malaysia, Ireka’s and Aseana’s property development portfolio include luxurious residential resort SENI Mont’ Kiara, serviced residences i-ZEN@Kiara I and i-ZEN@Kiara II, gated and guarded courtyard homes i-ZEN@Villa Aseana, luxury condominiums of Kiaraville and Tiffani by i-ZEN and offices and retail mall 1Mont’ Kiara.

These projects are located in the exclusive address of Mont’ Kiara. Ireka and Aseana are also involved in the urban redevelopment of Sandakan Harbour Square, residential townhouses of Luyang Perdana in Sabah and office and hotel developments in KL Sentral.

In Ho Chi Minh City, Vietnam, Aseana’s property development portfolio includes The International Hi-Tech Healthcare Park, Queen’s Place (District 4), deluxe high rise residences (District 7), and luxury riverside residences, the Waterside Estates.

Ireka’s and Aseana’s hotel portfolio and hotel development track record includes the award winning The Westin Kuala Lumpur, the waterfront Four Points Sheraton Sandakan, and the soon-to-be-opened, chic Aloft Kuala Lumpur Sentral.

The 452-room Westin Kuala Lumpur was sold in early 2007 for a record price of approximately RM1 million per room.

The RuMa Hotel Suites & Residences is developed and managed by Ireka, whose collective expertise in the infrastructure and real estate industries will enhanced its ability to provide comprehensive and wholesome services to the buyers.

The development is built upon the six “S” essences of the i-ZEN brand – STYLE, SERVICE, SECURITY, SOPHISTICATION, SOUL and SUSTAINABILITY – which will add intangible value to the property.

Core Business Infrastructure

Construction is integral to Ireka’s business activities.

For the past 40 years, Ireka’s construction and engineering teams have achieved a number of significant milestones, contributing to nation-building through the plethora of major-sized civil and structural engineering projects.
Our areas of expertise cover highways and expressways, bridges, tunnels, water treatment plants, golf courses, commercial developments, condominiums, shopping malls, healthcare park, and harbour development which are delivered through general contracting and design & build programmes.

Ireka’s building works activities have primarily been focused on residential and commercial buildings, factories, laboratories, convention halls, luxury resort clubhouses as well as leisure and recreational projects.
Over the years, Ireka has achieved expertise and skills in specialised construction techniques.

Ireka also took pride in being the Malaysian franchise holder in the 1990s to implement the Autopont (highway bridge) fast-track pre-fabricated steel flyover construction system and the Sosrobahu technique, a construction system which enables the construction of elevated flyovers in high density urban areas thus minimising traffic disruption and public inconvenience.
With over four decades of expertise in the construction sector, Ireka is able to provide a comprehensive range of services to our clients both in and outside Malaysia.

To enable cost-effective and reliable operational support, our construction team:
Provides an integrated Design & Build service;

Manages the entire construction project from inception to completion;

Employs an experienced in-house team of Architects, M&E Engineers, Structural Engineers and Quantity Surveyors; 

Undertakes thorough cost planning, construction budgeting, feasibility studies and project monitoring to ensure that clients’ costs and resources are optimised.

 

The Ruma Hotel

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Hotel Facilities at Level 6

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Hotel Room Floor Plan

Hotel Suites Level 7 to 13 Floor Plan

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Hotel  Suites Level 13A to 17 Floor Plan

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Hotel Suites Level 18 Floor Plan

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Hotel Lobby

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Payment Breakdown for Actuall Calculation:

2Bedroom Condo 915sqft / 85sqm

List Price: RM 1.742.000,-

After Discount 5%: RM 1.654.900,-

Booking Fee: RM 50.000,-

Signing of Sales and Purchase Agreement(10% – Booking fee) : RM 115.490,-

Legal fee for Sales and Purchase Agreement: Absorb by developer

Legal fee for Loan Agreement: Absorb by Developer

Stamping Fee on Loan Document: 0.5% of loan amunt

Expected Q3 2013 another dispursement of 10% : RM 165.900,-

Next Payment will be 10% around 2014: RM  165.900,-

Bank Loan Ratio: 70% of Sales Price.

Interest Rate: +/- 4.2%

Loan Tenure: +/- 30yrs

 

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Hotel Suites Guarenteed Return Scheme Package

1st 5yrs 6% rental yield , 6th to 10th yrs rental yield will be base on profit sharing basis.

Free 7 days stay per annum.

Hotel Room 441sqft

List Pridce: RM 1.267.300,-

After Discount 5%: RM 1.203.935,-

Booking Fee: RM 50.000,-

Bank Loan Ratio for Hotel Suites: 60%

1st 10% ( minus booking fee) : RM 70.393,-

2nd 10% (Q3 2013) : RM 120.393,-

3rd 15% (Q3 2014) : RM 180.590,-

4th 5% ( 2015) : RM 60.196,-

Legal fee for Sales and Purchase Agreement: Absorb by developer

Legal fee for Loan Agreement: Absorb by Developer

Stamping Fee on Loan Document: 0.5% of loan amunt

 

News Related with Project

http://www.theedgemalaysia.com/property/224994-ireka-corp-introduces-the-ruma-hotel-a-residences.html

 

 

The Ruma Developer Sales Team (+65) 94790133 Sandy Yuanda

 

 

 

 

 

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