Sunway

Sunway Construction Group Bhd (KL) has further strengthened its project portfolio with the awarding of an additional RM347 million contract for tenant improvement works (TIWs) at the Sedenak Tech Park (STeP) data centre project in Johor. This strategic move, confirmed through SunCon’s bourse filing on Wednesday, signifies the project's elevated value, now reaching a cumulative RM3.5 billion from the...

Sunway Group: 50 Years of Growth and Success Sunway Group has evolved from humble beginnings into one of Malaysia’s top conglomerates, with a combined market capitalization of over RM35 billion. Founded by Tan Sri Dr. Jeffrey Cheah in 1974, what started as a small tin mining company has now diversified into multiple sectors, including property development, construction, education, healthcare, retail,...

Analysts have positively evaluated Sunway Bhd’s (KL) acquisition of a 17.58-acre freehold land in Taman Taynton, Kuala Lumpur for RM320 million, highlighting the attractive pricing and strong development potential. This acquisition is poised to enhance Sunway's gross development value (GDV) and long-term earnings. According to CIMB Securities, this acquisition will increase Sunway’s GDV to RM58...

Sunway Bhd (KL) has announced its plan to acquire a 17.58-acre plot of prime land in Taman Taynton, Kuala Lumpur, for RM320 million. The company aims to develop a mixed-use project with an estimated gross development value (GDV) of RM3.2 billion, further expanding its footprint in Kuala Lumpur. The land is strategically located next to Sunway Alishan, one of the group's residential developments, and will...

Sunway Medical Centre (SMC), located in the heart of Sunway City, has recently added another feather to its cap by achieving the globally recognised Joint Commission International (JCI) Accreditation. This prestigious recognition, The Gold Seal of Approval under JCI's Hospital Program, distinguishes SMC as the first hospital in Malaysia to hold three major hospital-wide accreditations, including...

Ipoh, the capital of Perak, is set to witness a significant transformation with the upcoming Sunway Ipoh Mall in Tambun. This new development, positioned to be the largest mall in the state, will span over one million square feet of net lettable area across four retail floors, offering a comprehensive and modern shopping experience. A Landmark Development for Perak Sunway Ipoh Mall, with an estimated...

Sunway Property has achieved an impressive 95% take-up rate for the third phase of Sunway Aviana in Johor within just a month of its launch. This milestone highlights the growing demand for this exceptional residential project, which is part of the integrated Sunway City Iskandar Puteri. Success of Previous Phases The first two phases of Sunway Aviana, comprising 259 units launched in the fourth...

In a groundbreaking initiative that underscores a commitment to advancing healthcare solutions in Malaysia, Sunway Healthcare Group and AstraZeneca have forged a strategic alliance through a memorandum of understanding (MoU). This transformative partnership, centered on oncology and biopharmaceutical advancements, promises to revolutionize healthcare delivery, clinical research, and patient access to...

In the heart of Kuala Lumpur, Sunway Property's newest venture, Sunway Velocity 3, has taken the real estate market by storm with a remarkable 60% take-up rate during its opening weekend. Boasting a prime location within the integrated Sunway Velocity development, this residential project is set to redefine urban living in Malaysia's capital city. Luxurious Living Spaces Sunway Velocity 3 comprises three...

Sunway Bhd's Strategic Path to Net Zero: A Commitment to Sustainability and Innovation Sunway Bhd is intensifying its efforts to achieve net zero emissions, demonstrating a strong commitment to environmental responsibility and sustainable development. As outlined in their 2023 Annual and Corporate Governance Report, the company is not only adhering to international standards but is also setting a...