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The suburb is a planned community, with an area of over 2,200 acres (8.9 km 2) and developed by Guthrie Property Holding Berhad (GPHB), a subsidiary company of Sime Darby. Due to the suburb's upscale status, the residential units in Bukit Jelutong are mostly low-density bungalows and duplex houses, as well as some terraced houses .
UEP Subang Jaya was first proposed in 1984 as "Seafield Jaya" and was supposed to be a joint venture with Consolidated Plantations before it was transferred to UEP in April 1985. By 1988 it would use its current name with the UEP standing for its developer, United Estates Projects, a property business owned by Sime Darby. The township, acting ...
It is adjacent to other new and modern townships such as Glenmarie Cove and Bukit Tinggi, Klang. The township consists of 2 development parcels, Parcel A and Parcel B. Parcel A was developed mainly for double storey link houses, semi-detached houses, commercial shop offices and apartments.
The group started out in 1974 as a construction company which was later led by a well-known property development figure, Liew Kee Sin in 1990 and was eventually listed on Bursa Malaysia in 1993. In 1996, S P Setia refocused its core business to property development with supporting businesses in construction and wood-based manufacturing.
In 1998 there was a property price collapse; from 1997 to 2003 Hong Kong residential property prices fell by 61% [5] following the Asian economic crisis. Investigations show that there is a distinct correlation between lending and property prices and that the influence is thought to have come from the property prices to the bank credit rather ...
Sime Darby Property Berhad 197301002148 (15631-P) is a Malaysian real estate developer with operations in Malaysia and the United Kingdom. Incorporated in 1973, as Sime Darby Property Sdn. Bhd., the Group [2] was created through the integration of the property arms under the former Golden Hope Plantations Berhad, Kumpulan Guthrie Berhad, and Sime Darby Berhad.