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Property developer recently exited the UK market after its associate company SDB Guernsey Ltd entered into a sale and purchase agreement (SPA) with AL.AN SA for the sale of its freehold four-storey building in London.

The other winners of the second draw embarked on their trips to Melbourne, Australia; Nanning, China; Ho Chi Minh City, Vietnam; Singapore, and Langkawi.

8 Kia Peng is a high-end residential project that will be built on a 1.05-acre freehold parcel on Jalan Changkat Kia Peng, Kuala Lumpur.

Today, Desa ParkCity is a model of master-planned township development with a string of awards under its belt. It bagged another this year as one of the winners of The Edge Malaysia Property Development Excellence Award.

Setia Eco Park is the recipient of The Edge Malaysia Notable Property Achievement Award 2015, which recognises a project that showcases not only unique concepts and designs but also the commitment of its developer to translate them into reality.

In 2005, UOA Development bought the parcel, which was once known as Kampung Kerinchi, and turned it into a landmark that many now see as a location for the upper-middle to high-income groups.

While negative sentiment continues to loom over Iskandar Malaysia’s property sector, UEM Sunrise Bhd managing director and CEO Anwar Syahrin Abdul Ajib is clearly focused on ensuring that its projects there succeed.

High cost of IBS components, lack of standardisation, inadequate supply of skilled workers and accessibility to cheaper untrained foreign workers are the major reasons for low adoption of the building system in the private sector.

Sold for: RM2.98 million or RM799 psf; Concluded by: Freeman Woo Chee Meng of MIP Properties (012-656 7617); When: October, 2015