News by M

The awards gala night was held on Nov 30 at the Mandarin Oriental in Kuala Lumpur and more than 300 of real estate’s biggest players and experts came together to celebrate the industry’s best and brightest stars.

The property developers were ranked according to their overall score. After the points for the quantitative and qualitative attributes were tabulated, the results were audited by Deloitte Malaysia.

Sunway Bhd has retained its top spot in the overall ranking of The Edge Malaysia Top Property Developers Awards for the second year running. It also takes the sub award for Best in Qualitative Attributes again.

The Light Waterfront integrated development by IJM Land Bhd is one of three recipients of The Edge Malaysia Notable Property Achievement Award 2015.

Leisure Farm’s boasts impressive facilities such as the Balé Equestrian & Country Club, Kayu Manis Orchard, Canal Park, Health Farm, marina and clubhouse.

Berjaya Corp Bhd (BCorp) intends to raise its stake in its 63.05%-owned subsidiary Berjaya Land Bhd to 75.05% for RM419.11 million or 70 sen per BLand share.

Glomac said the company’s higher revenues for both the latest quarter and half-yearly period were driven by progress billings in its key ongoing projects such as Lakeside Residences, Saujana Rawang, Glomac Centro and Reflection Residences.

 JCSB is the legal owner of 10 parcels of land measuring 608.63 acres (246.3ha) located in Serendah, Selangor.

The projects that gained the most in capital value are well-located. Residents at Pelangi Damansara (16.9% y-o-y) and Surian Condominium (13.4% y-o-y) will soon be able to walk to the Mutiara Damansara MRT Station, while residents at 1 Bukit Utama (16% y-o-y) will soon benefit from both the 1 Utama LRT and MRT interchange.

Naza TTDI will work on a 12.7-acre residential development that will comprise 278 residential units in Kwasa Damansara.