Property Hunter Magazine Issue 63- February 2015 | Page 16

SABAH PROPERTY NEWS

SABAH

PROPERTY NEWS

Keep track of the latest property and real estate news
plus reviews in the property market in Sabah

New Project Raises Bina Puri Order Book To RM 2.01 Billion
external roundabout for proposed
traffic diversion and fencing.
Construction is expected to be
completed in 16 months.
Including the latest award, the
group has secured RM760 million in
new projects in 2014.

C

New State Administrative Complex (right) under construction at Teluk Likas

onstruction firm Bina Puri
Holdings Bhd has secured
an RM64.99 million project
in Sabah, bringing its total unbuilt
order book to RM2.01 billion.
In a filing with Bursa Malaysia, the
company said its unit Bina Puri
Sdn Bhd had accepted the letter of

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award from Jabatan Kerjaraya Sabah
to undertake additional works for
the proposed new Sabah State
Administrative Complex in Teluk
Likas, Sabah, under the Federal
Government’s facilitation fund.
The contract comprises upgrading
works to an existing seawall, an

The new proposed Sabah State
Administrative Complex is located
in the vicinity of Sabah’s most
prominent landmark, the Sabah
Foundation Building. The new
Sabah State Administrative Complex
covers 15 acres of land, sited along
the shoreline overlooking the South
China Sea.
The facility includes a 30-storey
office tower and two blocks of ninestorey buildings, making it one of
the tallest structures in Sabah.

The tower, which is currently 76%
complete, will also house the Sabah
Chief Minister’s office, together with
his Cabinet Ministers.

Bina Puri was awarded
the construction
of the Sabah State
Administrative Complex
valued at RM388.7
million in July 2011.