News about UEM Sunrise

While the recent deals of Cochrane land and Connaught land sales to Sunway Property and UEM Sunrise Bhd respectively have caught the market’s attention, real estate agency Rahim & Co International Sdn Bhd CEO Siva Shanker says not many developers are looking for land in Kuala Lumpur city centre.

Despite having been in the industry for over 20 years, UEM Sunrise Bhd CEO Sufian Abdullah has experienced a real baptism of fire in dealing with the uncertainties brought on by the Covid-19 pandemic.

Bordering Ampang to the north and Kajang to the south, Cheras is one of the oldest residential areas in Kuala Lumpur with parts of it located in Selangor.

KUALA LUMPUR (June 6): Accolade Land Sdn Bhd, which has just sold its prime freehold land in Cheras for RM197 million to UEM Sunrise Bhd, said it will utilise the proceeds from the sale for further land purchases to increase its land bank, which is in line with its long-term strategy growth.

KUALA LUMPUR (May 24): UEM Sunrise Bhd saw its net loss for the first quarter ended March 31, 2021 (1QFY21) narrow to RM4.

KUALA LUMPUR (May 13): UEM Sunrise unveiled its RM350 million KAIA Heights development, which is situated in Equine Park, Seri Kembangan, in conjunction with its Riang Ria Raya Ceria campaign.

KUALA LUMPUR (May 5): Two wholly-owned subsidiaries of UEM Sunrise Bhd have been slapped with additional taxes and penalties amounting to RM82.

KUALA LUMPUR (March 25): UEM Sunrise Bhd saw its net loss for the fourth quarter ended Dec 31, 2020 (4QFY20) widen to RM134.

KUALA LUMPUR (March 10): UEM Sunrise Bhd has acquired three prime plots in Section 13, Petaling Jaya, Selangor on Jalan Professor Khoo Kay Kim, with plans to rollout a mixed development with estimated gross development value (GDV) of RM1.

KUALA LUMPUR (Feb 16): UEM Sunrise Bhd and Mulpha International Bhd have called off their joint venture (JV) for a RM5 billion gross development value mixed development in Nusajaya, Johor.