Order book of RM1.14bil to keep it busy until 2011
KUALA LUMPUR: Ireka Corp Bhd, whose construction order book has surpassed the RM1bil mark, has a “healthy buffer against the volatile prices of raw materials,” said group managing director Lai Siew Wah.
With an order book worth RM1.14bil, the company would be kept busy through to 2011.
By Sharon Kam
Becoming trendsetters — that is how Boustead Properties Bhd director Datuk Ghazali Mohd Ali describes its successful Mutiara Damansara development in Petaling Jaya, Selangor. This is the fourth time that Boustead Properties has made it to the Top 10 of The Edge Top Property Developers Awards. This year, it took the 10th position. (On Aug 8 this year, the property arm of Boustead Holdings Bhd was taken private.)
JIA. Short, simple and chic. The meaning is even more profound. It means home in Chinese. There is something within each of us that is drawn to a place called home. It does not have to be something at the upper end, although in this case, it is.It is on this premise that SDB Properties Sdn Bhd, the property arm of Selangor Dredging Bhd, has named its first residential development in Singapore … Jia. The project was launched about a month ago.
22-08-2008: Selangor Dredging sees challenging FY09
by Yantoultra Ngui Yichen & Venus Hew
KUALA LUMPUR: Property developer Selangor Dredging Bhd (SDB) expects the remainder of its fiscal year ending March 31, 2009 (FY09) to be a challenging time, given rising development cost and interest rates that dampen demand for property.
“Due to the general slowdown in the economy, we have to be selective as to when to launch. Our immediate launch is in Ampang (by year-end), and by the first quarter of next year, we’ll be launching our next Singapore development in Gilstead,” said its managing director Teh Lip Kim.
KUALA LUMPUR: The country’s top 10 property developers were honoured at The Edge Malaysia Top Property Developers Awards 2008 here last night.The top 10 developers, in alphabetical order, are Bandar Raya Developments Bhd, Bandar Utama City Corporation Sdn Bhd, Boustead Properties Bhd, E&O Property Development Bhd, IGB Corporation Bhd, IOI Properties Bhd, Island & Peninsular Sdn Bhd, S P Setia Bhd, Sunrise Bhd and Sunway City Bhd.
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