Malaysia's property market is growing rapidly, with many property developers competing to create high-quality and innovative projects. With so many options available, it can be challenging to determine which developers are the best. In this article, we'll explore the top 10 property developers in Malaysia based on their reputation, quality of projects, and track record.
1. SP Setia
SP Setia is a well-known property developer in Malaysia with a reputation for high-quality, sustainable development projects. The company was founded in 1974 and has been active in the Malaysian property market for over 45 years. SP Setia is particularly known for its focus on sustainability, with a commitment to creating environmentally friendly and energy-efficient projects.
In addition to its focus on sustainability, SP Setia is also known for its innovation and design excellence. The company has a diverse portfolio of projects, ranging from high-end luxury residential developments to commercial and industrial parks. Some of its most notable projects include Setia Alam, Setia Eco Park, and Setia Sky Residences. The company's commitment to creating high-quality, innovative projects has made it one of the country's most well-known and successful developers.
2. UEM Sunrise
UEM Sunrise is a leading property developer in Malaysia with a reputation for creating innovative and sustainable projects. The company was established in 2008 and is a subsidiary of UEM Group Berhad, a prominent Malaysian infrastructure and construction company. UEM Sunrise has a diverse residential, commercial, and mixed-use development portfolio.
The company is mainly known for its focus on sustainable urban living, and its projects often incorporate green design and intelligent technology. Some of its most notable projects include Iskandar Puteri in Johor, Mont'Kiara in Kuala Lumpur, and Publika in Solaris Dutamas. In addition to its focus on sustainability, UEM Sunrise is also committed to creating projects that promote community development and social responsibility.
3. Mah Sing Group
Mah Sing Group is one of the leading property developers in Malaysia with a reputation for innovative and high-quality projects. The company was founded in 1991 and has since become a significant player in the Malaysian property market, with a diverse portfolio of residential, commercial, and industrial developments.
Mah Sing Group is known for its focus on design excellence and innovation and has won numerous awards for its projects. Some of its best projects include M Residence, Southville City, and D'Sara Sentral.
To date, it has built up a track record of 47 projects throughout Malaysia and sold about 39,000 units. Their first township development, launched in 2000, was the Sri Pulai Perdana development in Skudai, Johor which also had the distinction of being the first gated-and-guarded link home project in Johor.
4. Eco World Development Group
Eco World Development Group is a relatively new player in the Malaysian property market but has quickly established itself as one of the top developers in the country. Established in 2013, the company has a reputation for creating sustainable and community-focused projects.
In a relatively short period, Eco World has become a respected and sought-after developer and brand name. They've undertaken 20 projects with a gross development value (GDV) exceeding RM87 billion covering new townships, integrated commercial developments, luxury high rise apartment complexes and green business parks.
The company has won numerous awards for its projects, including the EdgeProp Malaysia's Best Managed Property Awards and the BCI Asia Top 10 Developers Awards.The company's most notable projects include Eco Sanctuary, Eco Grandeur, and Eco Ardence.
5. IOI Properties Group
IOI Properties started from very humble beginnings as Lam Soon Huat Development in 1975. In 1994 the company was renamed as IOI Properties Berhad, it led to the accelerated modernisation of sleepy Puchong into the bustling suburb we know today. Other major development projects have included IOI Resort City, 16 Sierra, and Bandar Puteri Bangi.
IOI Properties Group has a diverse portfolio of residential, commercial, and mixed-use developments, focusing on sustainable design and community development. The company has won numerous awards for its projects, including the FIABCI Malaysia Property Awards and the EdgeProp Malaysia's Best Managed Property Awards.
6. Sunway Group
Sunway Group is a well-known property developer in Malaysia with a long history of creating high-quality and innovative projects. Established in 1974, the company has become one of Malaysia's largest and most successful property developers.
The company began with developing Sunway City Kuala Lumpur, a tin-mining wasteland, into an integrated, smart and sustainable township. Sunway Group has become one of Southeast Asia's leading conglomerates with core interests in real estate, construction, education, healthcare, retail, and hospitality.
The Sunway Group has continued to bring their successful business model to other parts of the country through projects such as Sunway City in Ipoh, Sunway Velocity in Kuala Lumpur, Sunway Penang and Sunway Iskandar in Johor.
7. Gamuda Berhad
Gamuda Berhad is a well-respected property developer that has been active in the Malaysian market for over 25 years. The company has a strong track record of delivering high-quality projects and is known for its focus on sustainable development.
Gamuda Berhad has a diverse portfolio of residential, commercial, and infrastructure projects, including townships, high-rise developments, and rail projects. Gamuda Berhad is committed to community development and has implemented various community programs and initiatives to support local communities.
The company’s core competency is the development of fully-integrated townships, with their first success being the 1,820-acre Kota Kemuning township in Shah Alam. Other prominent township projects are the 1,200-acre Bandar Botanic in Klang, the 280-acre whole Valencia residential project in Sungai Buloh, the contemporary 1,200-acre Horizon Hills in Iskandar Puteri, Johor, as well as the 366-acre Jade Hills in Kajang.
8. IJM Land
IJM Land is a well-established developer that has been active in the Malaysian market for over 30 years. The company has a diverse portfolio of residential, commercial, and industrial development projects. IJM Land is a well-known property developer in Malaysia with a reputation for creating high-quality and innovative projects. The company was founded in 1989 and has become one of the country's largest and most successful property developers.
Some of the other notable developments under their belt are Riana Dutamas @ North Kiara (Kuala Lumpur), Bandar Rimbayu (Selangor), Austin Duta (Johor), and The LIGHT Waterfront (Penang).
9. Bandar Raya Developments Berhad (BRDB)
Bandar Raya Development Berhad (BRDB) is a well-known property developer in Malaysia with a history of creating high-end and luxury residential projects. The company was founded in 1965 and has become one of the country's largest and most successful property developers.
BRDB has a diverse portfolio of residential and commercial projects, including luxury condominiums, apartments, and high-end retail and office spaces. The company is also committed to community development and has implemented various community programs and initiatives to support local communities.
BRDB is also known for its focus on innovation and design excellence and has collaborated with well-known architects and designers to create some of its most iconic projects. Overall, BRDB is a respected and reputable property developer in Malaysia with a strong focus on luxury, innovation, and design excellence.
10. Tropicana Corporation Berhad
Tropicana Corporation Berhad is a primary property developer focusing on integrated developments. Tropicana Corporation Berhad is a well-known property developer in Malaysia with a reputation for creating high-quality and innovative projects. The company was founded in 1992 and has become one of the country's largest and most successful property developers.
Tropicana Corporation Berhad is also known for its focus on innovation and design excellence and has won numerous awards for its projects, including the BCI Asia Awards and StarProperty Awards. The company has also implemented various technologies and initiatives to improve the customer experience and make the home-buying process more convenient and hassle-free.
Conclusion
There are many property developers in Malaysia, but these ten companies are the best. They have a proven track record of delivering high-quality projects, innovative design, and a focus on sustainability. Whether you're looking for a luxury residential development, a commercial property, or an industrial park, these companies have something to offer. These are the top property developers to watch if you're interested in investing in Malaysian real estate.
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Fatiha
Fatiha is a freelance content writer specializing in commercial writing, loves travel, and enjoys walking on the beach.