Sime Darby Property inks partnership with Turner International

KUALA LUMPUR (Nov 29): Sime Darby Property has signed on Turner International, an international construction services company, as its project and construction management consultant for the design, quality and delivery of three Sime Darby projects.

Turner International’s role includes advisory and consultancy for Cantara Residences at Ara Damansara, Quarza Residence at KL East as well as an integral part of Jendela, an upcoming integrated project at ALYA Kuala Lumpur.

Cantara Residences comprises 888 units of serviced apartments and 13 commercial units while Quarza Residence comprises two residential towers with 254 units each and 607,519 sq ft of retail space. Meanwhile, Jendela consists of three blocks of 565 residential units and 27 retail units.

"Sime Darby Property's partnership with Turner International will be a win-win for both parties as we work together to deliver our products on time and on schedule while providing quality products to our customers.

“We are set to achieve another level of excellence and continue to be a leader in the industry'" said Sime Darby Property managing director, Datuk Jauhari Hamidi at the signing ceremony today.

Turner International’s role will also include design and engineering management, construction management, safety, quality, planning and controls as well as project close-out.

"We will combine our 115 years of construction expertise with Sime Darby's 40 years of development expertise to deliver high-quality and sustainable products in KL," said Turner International president and CEO, Abrar Sheriff at the event.

Some of Turner International's notable projects include the Burj Khalifa in Dubai, Taipei 101 in Taiwan and the upcoming KL 118, the tallest tower in Malaysia.

Jauhari said Sime Darby Property is targeting to launch some 3,000 units of homes for their financial year ending June 30, 2017, depending on the readiness of the products.

"For 1Q of our financial year [starting July 1, 2016], we have launched some 550 units of homes with 70% take-up rate so far.

“Just last weekend we launched 230 units of 20ft by 70ft terraced houses at Bandar Bukit Raja which saw people having to ballot for the homes and 100% take-up rate for the non-bumi units even in this market condition," said Jauhari.

"We believe that people are still looking for quality products as long as you have the right pricing, location and strategy," said Jauhari, adding that the group is targeting RM2.5 billion in sales this financial year and will be launching more affordable homes in the next six to seven months.