Sunway City Berhad
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Sunway City Berhad
Corporate Profile

Sunway City is focused on building green and livable townships for families to enjoy a well-balanced lifestyle.

Sunway City Berhad (SunCity) is a dynamic and integrated Malaysian property conglomerate and consists of both Property Development and Property Investment divisions. As a result, this has enabled the Group to enjoy the ‘Best of Both Worlds’ – a high-growth Property Development division and a stable base of income from high-yielding investment properties.

SunCity was incorporated as a private limited company in Malaysia on 13 July 1982 as Sri Jasa Sdn Bhd and subsequently changed its name to Sri Jasa Development Corporation Sdn Bhd on 1 December 1986 and Bandar Sunway Sdn Bhd on 25 July 1987. It was converted to a public limited company on 24 July 1995 and assumed its present name, Sunway City Berhad on 2 April 1996. SunCity’s successful listing on the Main Market of Bursa Malaysia (formerly known as Main Board of Kuala Lumpur Stock Exchange) on 8 July 1996 is a testament to its solid business management and aspiration to evolve even further as an integrated real estate conglomerate.

High-Growth Property Development Division

BayRocks Garden Waterfront Villa @ Sunway South Quay
BayRocks Garden Waterfront Villa @ Sunway South Quay
As a property developer, the Group has vast experience in developing innovative and quality residential and commercial properties. In its quest to create a ‘better life’ for communities in Malaysia and overseas, SunCity constantly takes steps to deliver products and services of unrivalled quality and value for its customers. This has helped to solidify the Group’s status as a leading community master developer.

The Property Development division has delivered over 17,000 properties with a gross development value (GDV) of RM9 billion. As at 30 April 2010, the Group has an un-launched landbank of 1,458 acres with a GDV of RM12.7 billion.

The crowning jewel for SunCity is the RM6.9 billion Sunway Integrated Resort City development, popularly known as Bandar Sunway. Transformed from 800 acres of wasteland, the pristine, well-landscaped resort township expresses the unique ‘Resort Living within the City’ concept.

It also reflects the Group’s commitment to make livability a top priority as the township is equipped with the finest in retail and commercial; hospitality; leisure and entertainment; healthcare and education facilities.

The internationally-acclaimed Sunway Intergrated Resort City will soon be further complemented by the development of SunCity's next iconic attraction, the RM5.2 billion ringgit Sunway South Quay project which will be an international lakeside metropolis.

High-Yielding Property Investment Division

Sunway Pyramid Shopping Mall @ SunCity
Sunway Pyramid Shopping Mall @ SunCity
SunCity’s Property Investment division holds a truly diversified portfolio of quality retail and commercial, hospitality, leisure and entertainment, and healthcare properties establishing itself as an international-class investment and commercial property player in the region. Currently, it owns and manages a total net lettable areas (NLA) of 4.86 million square feet of commercial properties which include Sunway Pyramid, Sunway Carnival Shopping Mall, Menara Sunway, Sunway Tower 2, Sunway Giza Specialty Centre, Monash University Sunway Campus and Sunway University College.

Hospitality Division
The Hospitality division owns and manages a group of hotels and resorts encompassing 3 brand names - Sunway Hotels & Resorts, Allson Hotels & Resorts and The Banjaran Hotsprings Retreat; comprising over 3,400 guestrooms. Its international portfolio of hospitality products and services ranges from a luxury collection and spa retreat, 5-star hotels with world-class convention, meeting and exhibition facilities, luxurious villas, serviced townhouses and suites, 4 and 3-star hotels, to technical services, travel services, franchise management as well as hotel marketing affiliation services.

Leisure Division
SunCity’s Leisure division owns and manages 2 award-winning theme parks, namely the Sunway Lagoon and Lost World of Tambun, Ipoh as well as other businesses like Sunway Healthy Lifestyle, Sunway International Vacation Club and Sunway Travel. Sunway Lagoon is an iconic multi-park attraction in Malaysia. Lost World of Tambun is a comprehensive theme park that is situated at the edge of limestone hills and enclaves.

Healthcare Division
Sunway Medical Centre (SunMed) adds to the Group’s position as a provider of quality healthcare services under the Healthcare division. SunMed is an ISO 9001:2008, MS ISO15189 and Malaysian Society for Quality in Health (MSQH) accredited private hospital. SunMed is one of the foremost private medical care centres in the nation with a total of 335 beds, more than 100 consultation suites, 12 operation theatres and a multi-storey car park with 750 parking bays. It offers a comprehensive range of medical services, which includes facilities and medical technologies for outpatient and in-patient specialty care, health & wellness programme, and 24-hour emergency services.

Strong Long-Term Strategic Partner
Based on SunCity’s established track record and expertise in both property development and property investment, the Government of Singapore Investment Corporation Pte Lte (GIC) has invested a 21% stake in the Group. Additionally, GIC has a 48% stake in Sunway Pyramid and Sunway Resort Hotel & Spa.

Apart from GIC, SunCity has also attracted various strategic local and foreign partners including Kuwait Finance House, the Employees Provident Fund, Australand (Capitaland’s subsidiary), Perbadanan Kemajuan Negeri Selangor (Selangor State Government), Kinta Valley Resort (Perak State Government) and other prestigious partners.

A Recognised and Well-Known Brand
The strength of the Sunway brand has been widely recognised by both local and overseas associations. For 2 consecutive years in 2008 and 2009, SunCity won the Malaysia's Most Valuable Brand by Interbrand and the Accredited Advertising Agents Malaysia (4As) and the BrandLaureate Conglomerate Awards by Asia Pacific Brands Foundation. Winning both the awards for 2 consecutive years affirms SunCity’s success in becoming a brand with high equity.

SunCity’s excellent brand performance is further reaffirmed as it won the Silver Award in the property category awarded at the inaugural Putra Brand Awards 2010. The Putra Brand Awards are the only brand awards in the country endorsed by Malaysia External Trade Development Corporation (MATRADE) and supported by the Branding Association of Malaysia (BAM), the Malaysian Advertisers Association (MAA), and the Media Specialists Association (MSA).

Towards Excellence In Corporate Governance
As a public-listed company, SunCity also views its role as a responsible corporate citizen seriously and places high emphasis in accountability and transparency when reporting to its stakeholders. In this regard, SunCity has received the National Annual Corporate Report Awards (NACRA) for the third consecutive year for the Industry Excellence Award categorised under the Main Market, Properties, Hotels and Trusts category from 2007 to 2009.

In 2009, SunCity also clinched the Silver Award for Best Annual Report in Bahasa Malaysia. NACRA is Malaysia's most prestigious award in recognition of excellence in corporate reporting and is a clear testament of its high standards in corporate reporting.

The award was jointly presented by Bursa Malaysia, Malaysian Institute of Accountants (MIA) and Malaysian Institute of Certified Public Accountants (MICPA).

Committed to Delivering Values
Moving forward, SunCity is committed to continue delivering innovative, creative and award-winning projects that will surpass the needs of its discerning and valued customers in today’s property landscape.

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Property Development
Property Investment
Download Annual Report 2009