MAKING its eighth appearance on the The Edge Top Ten Property list and winning the inaugural The Edge-PEPS Value Creation Excellence Award 2010 for residential development, I&P Group Sdn Bhd is certainly a developer to be reckoned with. “These awards definitely encourage us to strive for more,” said group managing director Datuk Jamaludin Osman.

KUALA LUMPUR: Menara Binjai, a 35-storey office tower located in Kuala Lumpur's Golden Triangle, is leading the way in implementing green building concepts.

In a statement here today, developer Khor Joo Saik Sdn Bhd, said the building, which complied with stringent environmental regulations, was expected for completion in the fourth quarter of next year.

Bandar Raya Developments Bhd (BRDB) hopes to deliver its promise of building good-quality homes to a wider global audience while expanding its reach on the international front.

GOOD planning and hard work — that is the key to Mah Sing Group Bhd‘s success thus far, said group managing director and group chief executive Tan Sri Leong Hoy Kum.Mah Sing Group made it to No 9 in the Top 10 list, coming in at No 9. “It is an honour.

IJM Land Bhd is making its maiden appearance in the Top 10 of The Edge Top Property Developers Awards, coming in at the 10th position this year.

KUALA LUMPUR: Bina Puri Holdings Bhd has secured two new projects worth about RM14.73 million through its units Bina Puri Construction Sdn Bhd (BPCSB) and Bina Puri Saudi Co Ltd (BPSCL).

In a statement on Monday, Oct 11, Bina Puri said BPCSB had secured a piling test project from Sabah Medical Centre at the site of a new hospital in Kota Kinabalu, Sabah for a sum of RM9 million.

KUALA LUMPUR: The Institution of Engineers Malaysia (IEM) has objected contentious proposed amendments to the Valuers, Appraisers and Estate Agents Act 1981 (VAEA Act 1981) on the basis that it would exclude engineers from practicing building and facilities management, which required a high level of skill and training.

WCT: Company update

? 25+10 year BOT. WCT, via a 70:30 JV with Malaysia Airports, has been awarded by Malaysia Airports a 25+10 year Build-Operate-Transfer (BOT) concession for a new “Integrated Complex” at the Kuala Lumpur International Airport 2 (KLIA2).

WCT Berhad  Maintain BUY
BOT for a new LCCT for up to 25 years concession

HONG KONG: China's property developers may face further price cuts of up to 10% in major cities in the next 12 months, says Standard & Poor's Ratings Services.

It said on Monday, Oct 11 that despite the sector volatility and regulatory uncertainty, the developers appear to be in a healthier position to withstand such challenges compared with the downturn of 2008.