Selangor Dredging Berhad (SDB) was first listed on the main board of the Kuala Lumpur Stock Exchange in 1964 and its sole business was tin mining, but in the early 1980s, when the mining industry entered its twilight years, SDB decided to branch out into property development.
In 1985 the company’s first property, Wisma Selangor Dredging, was completed and immediately became one of the most prestigious corporate addresses in Kuala Lumpur. The company followed this up with a hotel in 1997, which still stands as the Hotel Maya Kuala Lumpur.
In 2004 SDB officially formed the SDB Properties Sdn Bhd, a property development arm principally involved in hotel, property management and leasing and property development.
The company currently has four completed developments, from courtyard houses in 20trees to a 20-storey condominium in KLCC in Park Seven. They also have three on-going developments in Petaling Jaya, Tama Melawati and Jalan Ampang, including 38 “limited edition” luxury apartments in Dedaun and detached home with private pools in 20trees West. All their properties are located in popular neighbourhoods and cater for those seeking houses as well as apartments in a variety of locations.
They are currently looking to develop a site on Batu Ferringi in Penang to offer stylish apartments on the beach. May of SDB’s properties have been sold out before completion thanks to the prime locations of the buildings and their track record in the industry.
SDB Properties have recently expanded their business into Singapore and established a subsidiary called SDB Asia Pte Ltd and have one completed property with two on-going and one more in the pipeline.
Working under the brand promise of ‘Driving Excellence, building lifelong relationships’, this company offers a range of properties and makes efforts to create developments that work with the land and offer open spaces of greenery where possible, although many of their condominiums in town do not cater for that.
They have a clear website with information on all their projects at www.sdb.com.my, where they also list their various accolades including a number of instances of being ‘Highly Commended’ at the Asia Pacific Property Awards in 2011 and 2010.
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