[Malaysia Property Awards™ 2023] SDB Elevates from Traditional Mining to Bespoke Development Ms Teh Lip Kim’s Vision for Perfection


Author Updated on: March 13, 2024

Established in 1962 by Mr. Teh Kien Toh, Selangor Dredging Berhad (SDB) has evolved into an acclaimed developer renowned for pioneering niche property developments characterized by innovative concepts and designs. Upholding rigorous standards, the Board of Directors consistently fosters excellence among the Company’s employees, officers, and directors. Ms Teh Lip Kim is his youngest daughter.

Ms Teh Lip Kim pursued her education in the United Kingdom at a young age, earning a bachelor’s degree in accounting and economics, followed by a master’s degree in Transport, Trade, and Finance. Upon completing her studies, she returned to Malaysia.

In 1996, she joined Selangor Dredging Berhad (SDB) and swiftly rose to the position of Executive Director within two years. SDB’s core business traditionally focused on tin mining. During the peak of the mining industry’s development, SDB became the first Malaysian company to own and operate the world’s largest tin dredger.

*Ms Teh Lip Kim was the recipient of the Industry Luminary Award at the Malaysian Property Award™ 2023.

Following her father’s passing in 2001, Ms Teh Lip Kim assumed the helm of managing Selangor Dredging Berhad (SDB). Under her stewardship, the company strategically pivoted its core operations from tin mining to real estate development, solidifying SDB’s position as one of Malaysia’s premier boutique developers. To date, SDB has successfully executed 24 residential projects across Malaysia and Singapore, showcasing its commitment to excellence and innovation in the industry.

Continuously Striving to Unlock Personal Potential

In the fast-paced real estate development sector, uncertainties and instabilities are prevalent. Yet, Ms Teh Lip Kim upholds a steadfast belief that when confronted with challenges and adversity, she will not succumb to negativity or drift with the tide. Instead, every hardship serves as a catalyst propelling her towards new heights of achievement. This belief ignites her relentless pursuit of excellence and unwavering commitment, both personally and professionally.

Just as Selangor Dredging Berhad (SDB) adheres to its brand promise of “Driving Excellence, Building Lifelong Relationships,” this is not merely a slogan but a commitment that SDB actively embodies and fulfils.

*The 19Trees project in Taman Melawati by SDB, which is currently underway, was launched in response to the pandemic, offering homebuyers a brand-new experience in landed residential living.

Residential Projects with Strong Market Appeal

Selangor Dredging Berhad’s ongoing developments, 19Trees in Taman Melawati and JIA in Taman Bukit Serdang, represent a strategic response to the pandemic and market dynamics, introducing a new living experience in landed residential properties for homebuyers.

While Selangor Dredging Berhad has successfully developed high-rise residential projects with a commendable market reputation, accounting for up to 70% of its portfolio, the company’s future transformation strategy will prioritize and optimize the development of landed residential projects to meet evolving market demands.

Expressing Gratitude to the Selangor Dredging Berhad Team for Unwavering Support and Dedication

Ms Teh Lip Kim expressed her gratitude for being honoured with the Industry Luminary Award at the Malaysian Property Awards™ 2023. She credited this achievement not only to the support of the Malaysian branch of the International Real Estate Federation (FIABCI) but also to the steadfast support and dedication of the Selangor Dredging Berhad (SDB) team.

“The collective efforts and shared vision of the SDB team have propelled me forward and inspired me to achieve greater heights.”

“Lastly, I extend my heartfelt thanks to my beloved family and close relatives for their endless encouragement, understanding, and support. Their unwavering trust in me has been the driving force behind my success and every milestone I have reached. Winning this award is not just a personal achievement but also a testament to the spirit of collaboration, perseverance, and unwavering support from those around me.”

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