Latest news with #KuokGroup
The Star
24-05-2025
- Business
- The Star
Elevated living, grounded in green
A HOME is more than just a shelter – it's a long-term investment and a space that shapes daily life. To ensure long-term value and liveability, developers must prioritise quality planning, construction and post-completion support, all in alignment with sustainability principles. This underpins Berinda Properties Sdn Bhd's approach. With over 50 years of experience and as part of the Kuok Group, the Johor Baru-based developer continues to offer well-planned, freehold precincts such as Taman Ponderosa and Taman Molek in Johor Baru – both gated and guarded for security and peace of mind. Green impact Berinda Properties believes that eco-friendly design is key to creating a long-lasting green living environment. With a strong commitment to leaving a green footprint for future generations, both the Molek Pine 4 luxurious low-density living apartments and the Ponderosa Lakeside luxury apartments offer a clean and green environment. Features include a cross-stack ventilation building design to optimise natural ventilation and daylighting, along with the use of chemical-free materials. To further maximise the green impact, sustainable features like rainwater harvesting, greywater treatment and recycling, solar photovoltaic panels and LED lights are widely incorporated. These environment-friendly concepts bring invaluable benefits to the entire development, including energy and water conservation, reduced chemical emissions and increased property value. Premier choice: An artist's impression of the final phase of Ponderosa Vista's double-storey, semi-detached homes launching this year, featuring 50 exclusive units with spacious land sizes starting from 40ft x 100ft. Upscale living Homebuyers looking for high-rise living in a mature township may want to consider Molek Pulai Serviced Apartments. Strategically located in the heart of Taman Molek, this development offers 150 units with two practical layout options designed to meet the needs of today's discerning buyer. Type A offers 947 sq ft (one bedroom and one convertible flexi space), while Type C features 1,431 sq ft (three bedrooms). For those looking for a premier high-rise property, the flagship development of the Molek Pine Series could be the ideal choice. Molek Pine 4 offers resort-style living in a 37-storey low-density luxury apartment tower with built-ups ranging from 1,475 sq ft to 5,898 sq ft. With only 260 units spread across 2.525ha of freehold land, residents can enjoy resort-style facilities such as an Onsen (Japanese spa), swimming pool, wading pool, basketball court, tennis court, badminton courts, gym, sauna, barbeque pits, children's playground and more. Elevated comfort The newly launched double-storey, semi-detached homes at Ponderosa Vista offer generous built-ups starting from 3,847 sq ft, set on spacious 45ft x 90ft plots. Designed with 4+1 bedrooms and 4+1 bathrooms, the layout ensures greater privacy for each family member while allowing quality time together. These exclusive semi-detached homes are limited to just 36 units, priced from RM1,800,000. For those seeking larger high-rise units, Ponderosa Lakeside Luxury Apartments offer a compelling option. This low-density, eco-conscious development features spacious units of 2,206 sq ft and 2,281sq ft, thoughtfully designed for multigenerational living. As part of its current offering, the developer is providing subsidies on the stamp duty, loan agreement and sale and purchase agreement (SPA) legal fees, along with complimentary fittings that include two air-conditioners, a kitchen cabinet and a water heater for each unit sold. Upcoming projects Ponderosa Vista is set to launch the final phase of its double-storey, semi-detached houses this year, featuring a total of 50 units with land sizes starting from 40ft x 100ft. Additionally, the final collection of double-storey semi-detached homes in Taman Molek will also be rolled out in the third quarter of 2025, offering 62 units with land sizes of 35ft x 85ft, 35ft x 88ft and 40ft x 80ft. These projects represent the developer's ongoing commitment to creating quality, sustainable living spaces that cater to a wide range of homebuyers. Strategic developments As with all properties, location is key. Taman Molek and Taman Ponderosa are strategically located just 12km from the Customs, Immigration and Quarantine (CIQ) complex and the future Rapid Transit System (RTS) station at Bukit Chagar in Johor Baru, making them only a 15-minute drive away. In the vicinity of these two townships are 15 financial institutions, logistics companies, food and beverage outlets, hospitals, educational hubs, retail centres and the Ponderosa Golf and Country Resort. These offer residents convenient access to essential services and recreational activities. Modern living has never been more accessible. These premium offerings reflect Berinda Properties' over 50 years of experience in the industry. Drawing on the international expertise of its parent company, Kuok Group – known for the iconic Shangri-La hotel chain – the developer has introduced numerous industry firsts in Johor Baru, contributing to the city's transformation into a dynamic financial and commercial hub in the south. As testament to its success, Berinda Properties has garnered several prestigious accolades over the years, including: > PropertyGuru Asia Award Malaysia – Best Developer (Southern Malaysia) 2024; > The BrandLaureate Property Branding Award – Mixed Use Property Development 2024; > Green Building Index Platinum – Malaysia's 1st Residential High Rise for Molek Pine 4 Luxury Apartments; > Green Building Index Gold for Ponderosa Lakeside and Molek Pine 3; > Best Maintained Township (Housing and Local Government Ministry); and > Outstanding Achievement in Residential Development (Asean Association for Planning and Housing).
Forbes
17-04-2025
- Business
- Forbes
Robert Kuok Retains No. 1 Spot On 2025 Forbes List of Malaysia's 50 Richest
SINGAPORE (April 17, 2025) – Malaysia's buoyant IPO market saw 55 listings in 2024, however the benchmark stock index remained sluggish and was pushed down further after the U.S. tariff shock. But a stronger ringgit, up more than 5% in the past 12 months, helped to lift the collective wealth of tycoons on the 2025 Forbes list of Malaysia's 50 Richest to US$90 billion, from $83.4 billion last year. The complete list can be found here, as well as in the April/May issue of Forbes Asia. The ranks of the three richest Malaysians were unchanged from a year ago. Business legend Robert Kuok remained unshakable at the top at age 101, with a net worth of $11.4 billion. The agribusiness-to-hotels empire under his Kuok Group has plans for an ambitious data center buildout in Malaysia's Johor state. Hong Leong group patriarch Quek Leng Chan strengthened his position as the second-richest person with a $1 billion jump in his net worth to $9.8 billion, buoyed by robust sales at his family's finance-to-food conglomerate. The Teh siblings, heirs to the Public Bank fortune, retained the third spot with their wealth rising 9% to $5.9 billion. Aluminium magnates Koon Poh Keong & siblings moved up one spot to No. 4 after a modest boost took their net worth to $5.4 billion. Overall, 30 people are better off from a year ago. Another gainer was Jeffrey Cheah (No. 9), who added $600 million to take his net worth tally to $3 billion on rising shares of his property conglomerate Sunway, which is planning to list its healthcare unit next year. There are three new entrants to the ranks. Debuting on the list at No. 5 with $5.3 billion is the Krishnan family, heirs of a telecom-to-energy empire built by reclusive billionaire Ananda Krishnan, who died in November at age 86. Also new to the list is Lee Thiam Wah (No. 8, $3.5 billion), founder of 99 Speed Mart Retail Holdings, the country's largest minimart chain by number of stores. Lee became a billionaire after taking his company public in September, raising $532 million in the country's biggest IPO in seven years. Another fresh face is that of former police officer Tan Boon Hock (No. 40, $490 million), whose portfolio includes a chain of laser eye surgery clinics and a company specializing in AI-powered traffic management systems. The sole returnee is mall magnate Desmond Lim Siew Choon (No. 44, $420 million), whose Pavilion Reit has benefited from higher rentals. The minimum net worth to make the list rose slightly to $335 million from $320 million. The top 10 richest in Malaysia are: This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, annual reports, analysts, government agencies and other sources. Net worths were based on stock prices and exchange rates as of the close of markets on April 7, 2025, and private companies were valued based on similar companies that are publicly traded. Real-time net worths on may reflect different valuations. The ranking lists both individual and family fortunes, including those shared among relatives and may differ from the World's Billionaires List, which includes individual fortunes with net worths as of March 7. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don't reside in the country but have significant business or other ties to the country. For more information, visit About Forbes Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 42 licensed local editions in 68 countries. Forbes Media's brand extensions include real estate, education and financial services license agreements. For media queries, please contact: Catherine Ong Associates Catherine Ong, cell: +65 9697 0007, Email: cath@ Chenxi Wang, cell: +65 8187 3215, Email: chenxi@
