News about Sunway

REAL estate developers have become more creative in luring prospective homebuyers into committing to a purchase, even as property price growth in the country moderates.

PETALING JAYA (April 1): Sunway Hotels & Resorts, the hospitality arm of property-construction conglomerate Sunway Group, will invest RM875 million to facilitate the redevelopment and expansion of its hotels across Malaysia, Cambodia and Vietnam.

PETALING JAYA (March 30): Poor property sales due to financial difficulties have prompted Sunway Bhd to launch its Sunway Property Certainty Campaign with offers that include financial assistance.

PETALING JAYA (March 29): Sunway Bhd plans to launch Sunway Geo Residences 3 condominium next month, with indicative selling prices starting from RM850,000.

KUALA LUMPUR (March 28): Sunway Construction Group Bhd (SunCon)'s subsidiary has been awarded a RM1.

PETALING JAYA (March 11): Sunway Property is currently drawing up plans for its first high-rise residential development at its mixed-use development, Sunway Wellesley in Bukit Mertajam in Seberang Perai on the Penang mainland.

Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.

PETALING JAYA (Feb 22): Sunway Bhd announced that its  property division will be launching  projects with a total gross development value (GDV) of RM1.

BANGI (Feb 16): Sunway Property -- the property arm of Sunway Bhd -- clinched 95% sales for Sunway Gandaria Retail, one of the components of its latest mixed-use development in Bangi, Sunway Gandaria.

WITH the demand for property slipping, competition among property developers chasing a shrinking market has become stiffer.