In Depth

Integrated business model for Sunway’s competitiveness

The deferred launch of Sunway Geo Residences 3 is mainly due to resubmission of plan for the subdivision of land to include additional walkway connecting to the bus rapid transit line. The effective sales for the nine months in FY16 already achieved RM638 million, which was contributed mainly by Sunway Mont, Iskandar, Gandaria, Singapore and China.

Great prospects ahead for Kerjaya Prospek

Kerjaya Prospek Group Bhd, whose main business lies in the construction of high-rise residentials, is unfazed by the current slowdown in the industry. Instead, it has been winning more jobs than in previous years as compared to the property boom cycle.

BBCC retail space buy to lift EcoWorld’s balance sheet burden

The Bukit Bintang City Centre (BBCC) retail space will be acquired by the BBCC Retail Portfolio joint venture (JV, which is 50%-owned by Mitsui Fudosan [Asia] Pte Ltd) for RM505.8 million. This is expected and will provide a relief to the group’s balance sheet while impact to its FD sum-of-parts is minimal.

Improving customer experience through innovation

For Cornerstone Realty, innovation means finding the best way or method to turn something that the firm is passionate about — real estate — into something that will impact its clients’ experience positively.