Background / History
ROLES OF SUDC
SUDC is the main vehicle of the government in the development of the industry which include –
- Residentials and satellite townships
- Urban and commercial properties
- Properly planned industrial estates
- Tourism resorts and hotels
Company’s Mission Statement
Our mission is to contribute in shaping Sabah’s property landscape and to promote economic activity in the state through our property development activities.
To be the leading Property Developer in Sabah providing our customers with a full range of real-estate products and services.
Company’s Quality Policy
We are committed to providing competitively priced quality products and services that meet customer requirements. We continually improve the effectiveness of the Quality Management System.
Sabah Urban Development Corporation Sdn. Bhd was then known as Milek Perkasa Sdn. Bhd incorporated in January 14, 1972 , it is a wholly owned subsidiary and property development arm of Sabah Economic Development Corporation (SEDCO) , one of Sabah’s major State development agencies.
Milek Perkasa was entrusted with the task of developing properties with special reference to the Bumiputera Community. This role witnessed Milek Perkasa successfully building and selling commercial shop lot to Bumiputera entrepreneurs throughout the State. In major towns, satellite commercial centers were developed. Rural towns were also not neglected as affordable retail outlets commonly known as SEDCO shop houses were built.
Milek Perkasa went on to develop shop housesin Labuan , Inanam , Ranau and Sandakan within first three years of operation . All those developments transformed the lives of many by creating economicand business opportunities for entrepreneurs and the folks living in those areas.
Subsequently from 1976 to 1980, Milek perkasa extended its “transformation” programme by including smaller towns as part of the Government’s urbanization programme. This begin Milek Perkasa’s foray into various parts of Sabah and made its presence felt in the remotest parts of Sabah. As more development project took off, so too were the company’s development role for the State.
To reflect the company’s expanded role , Milek Perkasa’s name was changed to Sabah Urban Development Corporation Sdn Bhd. on 25 August 1984.