This year, Phase 15 of its Ambang Botanic residential development — by Harum Intisari Sdn Bhd, a subsidiary of Gamuda Land — bagged The Edge Malaysia-PEPS Value Creation Excellence Award 2015 in the residential segment. This makes it the third consecutive year that properties in Bandar Botanic have won the award.

Today, Kota Kemuning is home to 9,570 units of bungalows, semidees, linked houses, town houses, condominiums and apartments, commercial centres, shopoffices and factories.

Gamuda Land spent RM 1.6 billion on land acquisition and has set aside RM500 million in FY2016 to acquire more land. Currently, the group has 3,332 acres of undeveloped landbank locally and 571 acres overseas.

Proposed Bayan Lepas alignment part of first phase of Transport Master Plan

Making its return to the Top 10 this year is IJM Land Bhd (No 2), a huge jump from its 14th spot last year.

Work at Penang TMP expected to start in 2018

Part of the land-swap deal with SRS Consortium, the project delivery partner for RM27 billion Penang Transport Master Plan.

According to Tan Sri Abdul Samad Alias, a major shareholder of Profit Consortium Sdn Bhd — the developer of Plaza Rakyat — Guangdong Debao will acquire equity in Profit Consortium, but the stake is still being worked out.

The Ministry of Transport (MoT) put up an advertisement in local media yesterday to invite public inspection of its plan for the project, which details the route of the double-track rail spanning 197km in length, with the new alignment’s designated speed at 160kph.