Wednesday, April 21, 2010

Sunrise wins best residential awards in AsiaPac Property competition

Two luxurious condominiums under construction by Sunrise Bhd have won best residential awards in the Asia Pacific Property Awards 2009 competition.
Sunrise said on April 29 that 10 Mont’Kiara won in the category for “Best High Rise Architecture in Malaysia” and 11 Mont’Kiara for “Best High Rise Development in Malaysia”.
The Asia Pacific Property Awards were established in 2008 and were selected by independent judges selected by the International Property Awards organisers.
Twenty-one countries in the Asia Pacific zone took part in the coveted property awards this year which was sponsored by CNBC Arabia Television.
The luxurious bungalow-in-the-sky twin-tower 10 Mont’Kiara boasts 332 lavish units with sizes ranging from 3,478 sq ft to 4,090 sq ft and sprawling penthouse units of 7,500 sq ft.
The iconic Green Mark-rated 11 Mont’Kiara presents five uniquely patterned curvilinear towers with a total of 339 units each enjoying a grand 270ยบ view. With two private abodes per floor, unit sizes start from 2,700 sq ft with a choice of eight unique designs.Limited units in both condominiums, located next to each other at Jalan Kiara 1, are available for sale.

Ireka confident 'Tiffani by i-Zen' will be sold out by year-end

Ireka Development Management Sdn Bhd, the property management arm of Ireka Corp Bhd is confident of selling all 399 units of luxury condominiums in "Tiffani by i-Zen", Mont Kiara, by the end of this year.Tiffani by i-Zen was developed by London-listed Aseana PROPERTIES Ltd, which undertakes property development activities in Malaysia and Vietnam. Aseana is an associated company of Ireka Corp.Aseana has appointed Ireka Development Management to be its exclusive development manager for Tiffani by i-Zen, which comprises 399 units of luxury condominiums designed in a variety of sizes from 815 square feet to 8,011 square feet penthouse.According to Ireka Development Management chief operating officer Lim Ech Chan, about 90% of the units have been taken up at the moment."There is always demand for properties in Mont Kiara because this area is well-established, with a large community spread here. Properties in Mont Kiara are good for both staying and investment purposes," Lim told reporters in a briefing here on Wednesday, April 21.Ascott Ltd, the international service residence owner-operator, has secured a two-year management contract to service 147 corporate leasing units in Tiffani by i-Zen. At the moment, 30 units have been handed over to Ascott's management."From January till now, about 70% of the 30 units were taken up mostly by foreigners from America, Japan as well as South Korea," said Ascott's country general manager Tony Ho.Each of the 147 units of fully-furnished apartments in Tiffani by i-Zen — including double- and triple-bedroom units — is fully fitted with air conditioners, wardrobes and water heaters.Among the other amenities in Tiffani by i-Zen are a "sky infinity pool", as well as game courts for tennis, squash and basketball.Meanwhile, Lim said Ireka Development Management will launch a RM1.2 billion project called Seni Mont Kiara next year. "The project is still under CONSTRUCTION at the moment and there will be 605 units of luxury residences there," he added.

Wednesday, April 14, 2010

IJM - Letters of Acceptance of Tender for Murum Access Road, Sarawak (Packages A1 & B2)

IJM Construction Sdn Bhd, a wholly-owned subsidiary of the Company, has received two (2) Letters of Acceptance of Tender, both dated 30 March 2010, from the Jabatan Kerja Raya, Sarawak for “Projek Jalan Akses Ke Empangan Murum, Bahagian Kapit, Sarawak (Seksyen A Pakej 1) (“Package A1”) dan (Seksyen B Pakej 2) (“Package B2”)” at a total contract sum of RM246.7 million. Package A1 involves earthwork, construction of three (3) minor bridges, culverts, drains and pavement works for 20km of road at a contract sum of RM125.2 million. Package B2 involves earthwork, rock excavation, construction of two (2) minor bridges, culverts, drains and pavement works for 10.5km of road at a contract sum of RM121.5 million. The construction period for both Packages is 24 months.

Thursday, April 8, 2010

BINA PURI HOLDINGS BHD

Design and build for a warehouse involving works for foundation, RC & steel structure, architectural, M&E and associated external works for the Siam Ice Co. Ltd. cold room facility at Rayong, Thailand
Bina Puri (Thailand) Ltd., incorporated in Thailand and a member of Bina Puri Holdings Bhd. has received a letter of award in the name of “Bina Puri-Dimara JV” from Melewar Integrated Engineering Sdn. Bhd. on 15 March 2010 for the design and build for a warehouse involving works for foundation, RC & steel structure, architectural, M&E and associated external works for the Siam Ice Co. Ltd. cold room facility at Rayong, Thailand for a contract sum of Baht62.80 million (approximately RM6.3 million). With the award, the Group’s current book order stands at RM1.80 billion as at 28 February 2010. The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending 31 December 2010.

Ireka Corp unit wins RM36.24mil contract

Ireka Corp Bhd’s wholly-owned unit, Ireka Engineering & Construction Sdn Bhd, has secured a RM36.24mil contract to build an interchange for the proposed Bandar Indahpura, Kulai-Second Link Expressway in Iskandar Malaysia.
It told Bursa Malaysia today that the contract was awarded by Iskandar Regional Development Authority.
“The contract period shall be 18 months from the date of handover of site and completion is expected to be in October 2011,” the company said.