Sime Darby Property
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| Private limited company | |
| Industry | |
| Founded | 2007 |
| Headquarters | Ara Damansara, Petaling Jaya, Malaysia |
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Key people
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| Revenue |  RM3,074 million (2016) |
 RM1,065 million (2016) |
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| Total assets | RM12,228 million (2016) |
| Parent | Sime Darby Berhad |
| Website | www |
Sime Darby Property Berhad is the property division of Malaysian conglomerate Sime Darby. It is one of the largest property developers in the country by revenue and gross development value (GDV) of current projects.
The division was formed through the integration of the property arms of Golden Hope, Guthrie and Sime Darby during the 2007 Synergy Drive merger. The property arm of Sime Darby traces back to United Estates Projects Berhad, a property development company established in 1964. In 1985, Sime Darby purchased a large stake in United Estates and the company was renamed Sime UEP Properties Berhad. Sime UEP was used to develop former oil palm plantation lands belonging to Sime Darby.
Sime UEP was the developer of Subang Jaya (which commenced in 1974), which has become one of the most populated townships in the Klang Valley. This was followed by the developments of USJ and Putra Heights in the surrounding areas by Sime UEP.Bukit Jelutong was developed by Guthrie beginning in 1994 on its former plantation lands. The 299-hectare Ara Damansara development by Sime UEP was launched in 2000.
Aside from its developments in the Klang Valley, Sime Darby Property has residential projects in Negeri Sembilan, Johor and Singapore. It also owns TPC Kuala Lumpur which has hosted the Malaysian Open, CIMB Classic and Sime Darby LPGA Malaysia tournaments. Sime Darby Property is also a 40-percent joint venturer in the Battersea Power Station redevelopment project.
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Wikipedia