With these job wins, SunCon has secured RM2.6 billion worth of new construction jobs year to date, and exceeded management’s full-year target and our assumption of RM2.5 billion for 2016

The first contract involves its subsidiary Sunway Construction Sdn Bhd, which has been appointed by MMC Gamuda KVMRT (PDP SSP) Sdn Bhd to undertake a package under the Mass Rapid Transit Line 2 project.

Kajang, famous for its delicious satay, has more to offer than the tasty meat skewers.

Both the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time. While it may be easy to identify which companies will benefit from the project, deciding when to invest is much more challenging, given that the HSR will only be completed in 2026 at the earliest.

Penang Chief Minister Lim Guan Eng said the associated costs involving at-grade or street running trams would result in rows of shophouse having to be relocated, which would in turn affect the social fabric of the community.

Gamuda Land Sdn Bhd, the property arm of construction group Gamuda Bhd, is known for its successful township developments such as Kota Kemuning, Bandar Botanic, Valencia and Jade Hills in the Klang Valley as well as Horizon Hills in Johor. Kota Kemuning, Bandar Botanic and Valencia, with a total area of more than 3,000 acres, have been fully developed.

Developer to build new townships in North KL

Gamuda said all terms and conditions of the LoA remain unchanged.

THE slowdown in the property market is not news to developers and the public. But some developers have weathered the headwinds by planning carefully and implementing good strategies. For a glimpse of this, we asked the winners (Top 10) of last year’s The Edge Malaysia Top Property Developers Awards for their views at the start of the evaluation of this year’s Top 10 ranking.

Gamuda Land’s serviced apartment project Jadite Suites in Kajang has achieved a Construction Quality Assessment System (CONQUAS) score of 82.8 out of 100 under the residential high-rise building category.