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Aggressive developers may bid HK$1.54b for Kowloon Tong site

HONG KONG: The auction on Tuesday, Oct 12 of a luxury residential site in Kowloon Tong is expected to attract aggressive bidding from developers, and could fetch the government more than HK$1.54 billion (RM616.98 million), say analysts.

China's tightening moves to speed up property sales

HONG KONG: China's series of policy tightening measures to prevent a property bubble from bursting will likely speed up sales of some projects as prices in top tier cities fall, analysts and industry executives said on Monday, Oct 11.

The Edge Property Excellence Awards 2010 - Judges/Comments

Datuk Alan Tong-    past Fiabci (International Real Estate Federation) world president (2005-06)-    past Fiabci Malaysia president-    Sunrise Bhd founder-    Bukit Kiara Properties Sdn Bhd group chairman“The top developers in the country continue to work hard to remain on top but it is good to see some new names among the Top 10 this year.

WCT to venture into hotel management

KLANG: WCT Bhd opened the doors of its first hotel in Klang on Monday, Oct 11 with the goal of making hotel management a viable component of its business within the next few years.

S P Setia dedicates award to staff

S P Setia Bhd president and chief executive officer Tan Sri Liew Kee Sin whose group retakes their top spot in The Edge Top Property Developers Awards 2010 (TPDA) has dedicated the award to his staff for their hard work.“We’re always delighted whenever The Edge acknowledges us among the Top 10. I would like to thank S P Setia staff for putting in all their hard work.

Bandar Kinrara continues to enrich purchasers

I&P Group Sdn Bhd’s 19-year-old Bandar Kinrara township in Puchong, Selangor is the inaugural The Edge-PEPS Value Creation Excellence Award in the residential development category.The estimated RM3 billion development sits on 1,904 acres and comprises mainly terraced, semi-detached and bungalow homes.

Going for concepts and superior value

ENCORP Bhd, the developer of Encorp Strand, lives by its tenet of always selling concepts and superior value to customers and it is an approach that has won Encorp Strand the inaugural The Edge-PEPS Value Creation Excellence Award 2010 for non-residential development.Encorp Bhd executive chairman Datuk Seri Mohd Effendi Norwawi credits the company’s success to his team, led by group CEO Yeoh So

Ken Holdings goes green in all future developments

Ken Holdings Bhd, winner of the inaugural The Edge-PAM Green Excellence Award 2010 for its Ken Bangsar development, wants to be a model of green building practices in the industry.It had not expected the redevelopment of an unused office building into high-end highrise residences with green features to garner accolades.  Almost 70% of the building material of the original structure were reused