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The Edge Top Property Developers Awards 2009: Weathering the storm

When the recent financial crisis sent the property market reeling, Eastern & Oriental Bhd did not panic. It had learnt its lesson well during the 1997/98 Asian financial crisis. This time round, says managing director Datuk Terry Tham, the developer just restrategised to keep the company afloat.

The Edge Top Property Developers Awards 2009: Riding the waves with aplomb

Having the confidence to ride out market challenges and the skill to prepare for an upturn is something that has stood Bandar Utama City Corp in good stead over the years“We don’t have a crystal ball and we don’t read the market. We go in and hope that our track record and location will give us the heads up,” says Bandar Utama City Corp Sdn Bhd director Datuk Teo Chiang Kok.

City & Country: Foreign briefs

London’s West End is world’s most expensive office locationLondon’s West End has leapt four spots to take the title of the world’s most expensive office location for 2010, displacing Tokyo and overtaking Paris, Dubai and Hong Kong.

City & Country: Foreign briefs

CapitaLand’s Beaufort in Beijing 95% soldCapitaLand says Beaufort , its latest high-end residential project in Beijing, is nearly all taken up, following its launch late last month.

Sime Darby Property is No 1

PETALING JAYA: The Edge Top Property Developers Awards 2009 has ranked Sime Darby Property Bhd (SDP) the No 1 property developer in the country. The overall second spot went to S P Setia Bhd, which was in the number one position the last four years.