Dear readers,

The Edge Malaysia Property Excellence Awards (TEPEA) celebrated its 16th iteration at a gala dinner on Oct 29, with Housing and Local Government Deputy Minister Datuk Raja Kamarul Bahrin Shah Raja Ahmad as our guest of honour.

There were many familiar faces at th...

Note from the publisher

Merit |  Setia SPICE | Eco Meridian Sdn Bhd (a subsidiary of S P Setia Bhd)

Positioned in a strategic spot in Bayan Lepas, S P Setia Bhd’s Setia SPICE (Subterranean Penang International Convention & Exhibition Centre) is hard ...

Green convention centre raises the bar

Special Mention |  Mangala Resort & Spa | Franky Land Sdn Bhd (a subsidiary of Franky Group)

The Mangala Resort & Spa by Franky Land Sdn Bhd, a subsidiary of Franky Group emerges like a hidden utopia in the middle of indus...

A sustainable resort driven by passion

Merit |  Alpine @ M Residence 2 | Mah Sing Group Bhd

The luxury of space at affordable prices, just about half an hour’s drive to the city centre, is what the owners of Mah Sing Group Bhd’s Alpine @ M Residence 2 development in Ra...

Comfortable, contemporary homes

No. 10 – Eastern & Oriental Bhd

Eastern & Oriental Bhd (E&O Group), best known as the owner of the timeless Eastern & Oriental Hotel in George Town, Penang, has leveraged its niche and expertise in luxury hospitality to...

Preparing for the good days ahead

No. 9 – Tropicana Corp Bhd

In the 1990s, Tropicana Corp Bhd founder Tan Sri Danny Tan established Tropicana Golf and Country Resort — a pioneering development that was the first of its kind in the country. After that, he introduced the...

Unlocking value of strategic land bank

No. 8 – Gamuda Bhd (Property division)

The newly opened Gamuda Cove Experience Gallery in USJ, Taipan, is filled with lush greenery. Sunlight pouring in through the glass panels makes it brighter and seem more spacious.

Gamud...

Emphasis on township developments

No. 7 (joint ranking) – UEM Sunrise Bhd

After taking a sip of water, UEM Sunrise managing director and CEO Anwar Syahrin Abdul Ajib settles in for the third interview of the day. Although it has been a long morning, he is still energet...

Focusing on the customer experience

No. 7 (joint ranking) – Mah Sing Group Bhd

Mah Sing Group Bhd’s vibrant headquarters provided a good complement to the spirit of camaraderie seen during a photo session with group managing director Tan Sri Leong Hoy Kum and his son, Li...

Remaining competitive and innovative

No. 6 (joint ranking) – IOI Properties Group Bhd

We are honoured and happy to receive this award. But with this accolade, we understand the heavier responsibility and expectations in terms of customer expectation from us. In IOI, we ta...

Holding steady amid a slow market

No. 6 (joint ranking) – Eco World Development Group Bhd

Driving through the entrance to any of its townships and you would know you are entering a project by Eco World Development Group Bhd (EcoWorld Malaysia). Upon passing through a s...

Made-to-measure offerings for success

No. 5 – Sunway Bhd (Property division)

Sunway Bhd managing director, property division, Sarena Cheah comes into Sunway University’s Sunway iLabs Makerspace in Sunway City with a broad smile for this interview with City & Country.

Embracing sustainability in community building

No. 4 – UOA Development Bhd + Best in Quantitative Attributes

UOA Development Bhd’s consistent performance last year has not only secured the company a place in the top 10 of The Edge Malaysia Top Property Developers Awards but also ga...

Staying relevant by meeting market needs

No. 3 – Sime Darby Property Bhd

The local property market has had some ups and downs over the past few years, with companies adopting different plans to stay afloat. Nevertheless, renowned developer Sime Darby Property Bhd (SDP) aims t...

Advancing with a strong, tested formula

KUANTAN (Sept 16): The Sultan of Pahang Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Monday said that he does not want any teaching that deviates from the Ahli Sunnah Wal Jamaah (ASWJ) Islamic faith to gain a foothold in the state.

Don’t let deviant teachings gain foothold in Pahang — Al-Sultan Abdullah

(Sept 16): The yen advanced past the key psychological level of 140 against the dollar, as the Japanese currency extended its rally from the weakest point in nearly 38 years in July.

Yen strengthens beyond 140 per dollar for first time since 2023

(Sept 16): A brief recovery in Singapore new home-sales ran out of steam, as transactions fell to its lowest level since February.

Singapore home sales plunge again due to lack of supply

ALOR SETAR (Sept 16): Dozens of Malaysian holiday-goers wishing to go to Thailand over the long weekend had their dreams crashed at the border gate due to passport issues, income tax arrears, customs tax, and unresolved old criminal cases.

Dozens of Malaysian holiday-goers can’t cross to Thailand due to passport issues, tax arrears — Kedah Immigration director

(Sept 16): Republican presidential candidate Donald Trump was safe on Sunday, after the Secret Service foiled what the FBI called an apparent assassination attempt while he was golfing on his course in West Palm Beach, Florida.

Trump safe after new assassination attempt thwarted at Florida golf course

PUTRAJAYA (Sept 16): The report on the proposal for mandatory halal certification is nearing completion and is set to be presented to the Cabinet this Wednesday, according to the Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Na'im Mokhtar.

Halal certification report to be presented to Cabinet this Wednesday — minister

SINCE 2021, Malaysia has experienced a significant surge in total approved investments, mainly driven by foreign direct investment (FDI).

The escalation of the US-China trade war and shifts in the global supply chain have positioned Malaysia as a strategic hub, attracting increasing lev...

The State of the Nation: After a strong start, can Malaysia keep the investment flowing in 2H2024?

Recent rumours of buyers being required to sign sales and purchase agreements (SPAs) at the land office are just that, rumours. According to property consultants, there is no such requirement and SPAs can continue to be signed as per the normal practice.

Nevertheless, for property — inc...

No requirement to sign SPA at land office

JOHOR BAHRU (Sept 16): Forest City’s special financial zone (SFZ) will be launched this Friday (Sept 20), with various incentives and packages to stimulate investment, growth and economic activities in Johor.

Forest City’s special financial zone to be launched on Friday, incentives to be introduced — Johor state exco

AFTER four years of serving on the boards of directors of Malaysia Airlines Bhd (MAB) and its parent Malaysia Aviation Group Bhd (MAG), Tan Sri Wan Zulkiflee Wan Ariffin is retiring as non-executive group chairman, people familiar with the matter say. He is leaving the group as early as the middl...

Wan Zulkiflee said to be retiring as Malaysia Airlines chairman in mid-September 

(Sept 16): Republican presidential candidate Donald Trump was safe on Sunday, after the Secret Service foiled what the FBI called an apparent assassination attempt while he was golfing on his course in West Palm Beach, Florida.

SHANGHAI (Sept 16): Typhoon Bebinca made landfall in Shanghai on Monday morning as a Category 1 storm, the most powerful tropical cyclone to directly hit the Chinese financial hub in more than seven decades.

Typhoon Bebinca lands in Shanghai, strongest storm to hit city since 1949

COME Monday, Sept 9, Bursa Malaysia will see the listing of 99 Speed Mart Retail Holdings Bhd (KL:99SMART) on the Main Market. The initial public offering (IPO) is the largest on the local bourse in seven years.

Priced at a finalised RM1.65 a share, the IPO exercise entails the public i...

IPO Watch: Minimarket chain 99 Speed Mart’s IPO anything but small

JOHOR BAHRU (Sept 16): Forest City’s special financial zone (SFZ) will be launched this Friday (Sept 20), with various incentives and packages to stimulate investment, growth and economic activities in Johor.

KUCHING (Sept 16): The formation of Malaysia in 1963 is rooted in the constitutional documents which are already enshrined in the Federal Constitution and should remain undisputed, said Yang di-Pertua Negeri of Sarawak Tun Dr Wan Junaidi Tuanku Jaafar.

Wan Junaidi: Don’t dispute constitutional documents that led to Malaysia’s formation

BENGALURU (Sept 16): Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate reduction by the US&nbsp;Federal Reserve this week.

Gold prices at all-time highs as traders eye deeper US rate cut

TO investors who have not followed the growth story of Padini Holdings Bhd (KL:PADINI), it may come as a surprise that the garment manufacturer’s current market capitalisation stands at above the RM2 billion mark, putting it in the same league as big-cap heavy industry players like WCE Holdings B...

Market contemplates Padini’s position as ‘value investment’

ALOR SETAR (Sept 16): Dozens of Malaysian holiday-goers wishing to go to Thailand over the long weekend had their dreams crashed at the border gate due to passport issues, income tax arrears, customs tax, and unresolved old criminal cases.

JAPAN’s Mitsui &amp; Co Ltd, together with local institutional shareholders and a private equity fund, are said to be exploring an option to strengthen their grip on IHH Healthcare Bhd (KL:IHH) in a move to carve out better value for the healthcare group.

Sources say Mitsui, which holds...

IHH’s major shareholders mull corporate exercise to consolidate position

PUTRAJAYA (Sept 16): His Majesty Sultan Ibrahim King of Malaysia, and Her Majesty Queen Raja Zarith Sofiah are attending the 2024/1446H national-level Maulidur Rasul celebration at the Putrajaya International Convention Centre (PICC) here.

King, Queen grace Maulidur Rasul celebration

KUALA LUMPUR (Sept 16): The Malaysian Palm Oil Board (MPOB) has successfully mapped around 70% of independent smallholders, as part of its project to chart oil palm plantation coverage across the country.

MPOB achieves 70% mapping of oil palm smallholders in nationwide plantation coverage project

HONG KONG (Sept 16): PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's mainland unit with a record penalty.

PwC invests in 'high quality' business in China after record fine, internal memo says

SINCE 2021, Malaysia has experienced a significant surge in total approved investments, mainly driven by foreign direct investment (FDI).

The escalation of the US-China trade war and shifts in the global supply chain have positioned Malaysia as a strategic hub, attracting increasing lev...

KUALA LUMPUR (Sept 16): Prime Minister Datuk Seri Anwar Ibrahim, on the occasion of Malaysia Day on Monday, called on Malaysians to embrace the true meaning of an independent and free Malaysia, while rejecting division and hostility.&nbsp;

Anwar: Uphold unity to unlock country’s full potential

(Sept 16): Most Asian currencies and equities rose on Monday in holiday-thinned trading, with a focus on this week's US Federal Reserve policy meeting, where it is almost certain that the central bank will cut its key interest rate, the only question being by how much.&nbsp;

Asian equities, currencies gain, focus shifts to Fed's policy meeting

SYDNEY (Sept 16): Asian stocks dithered and the dollar slipped on Monday in a week that is almost certain to see the start of an easing cycle in the United States, with investors flirting with the chance of an outsized move.

Stocks firm, dollar subdued as market flirts with outsized Fed cut

PUTRAJAYA (Sept 16): The report on the proposal for mandatory halal certification is nearing completion and is set to be presented to the Cabinet this Wednesday, according to the Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Na'im Mokhtar.

AFTER four years of serving on the boards of directors of Malaysia Airlines Bhd (MAB) and its parent Malaysia Aviation Group Bhd (MAG), Tan Sri Wan Zulkiflee Wan Ariffin is retiring as non-executive group chairman, people familiar with the matter say. He is leaving the group as early as the middl...

KUALA LUMPUR (Sept 16): The King and Queen of Malaysia, His Majesty Sultan Ibrahim and Her Majesty Raja Zarith Sofiah, extended Happy Malaysia Day greetings to all Malaysians on Monday.

King, Queen extend Malaysia Day greetings

WHILE the local bourse continues to see a strong inflow of foreign funds, leading to the FBM KLCI gaining about 15% year to date (YTD), lower liners have yielded relatively lower returns for investors.

During the same period, the FBM Small Cap Index has only risen 6.8%, while the FBM AC...

The Edge Property Excellence Awards 2018

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The Edge Property Excellence Awards 2018

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