The Malaysian property market is a vibrant and diverse market with a wide range of developers to choose from, but only a select few have stood the test of time and consistently built unique, innovative, and high-quality properties.
When choosing a developer, be sure to do your research and compare their financial strength, and track record. Now, let’s take a closer look at the top 10 developers in Malaysia.
Note: Developers in this list were chosen based on their reported revenue for the financial year 2022/2023, as well as their track record.
1) Sunway Group

Total revenue for 2022 | RM5.2 billion |
Financial results for 1H23 | Revenue RM2.73 billion |
Sunway Group was established in 1974, and has become one of Malaysia’s largest and most successful property developers. It began with the development of Sunway City, a tin-mining wasteland to an integrated smart and sustainable township. Today, they are one of Southeast Asia’s leading conglomerates with core interests in real estate, construction, education, healthcare, retail, and hospitality.
Sunway Property recorded RM1 billion in bookings from its Signature Series 2023 campaign, which ended on 30 June 2023. They aim to launch a larger campaign in conjunction with its 50th anniversary celebration in 2024.
One key aspect of the Signature Series 2023 campaign is the automatic inclusion of new homebuyers into the Sunway Property MCD (Master Community Developer) membership, where homebuyers can access a range of post-sales services, including Rent+, Care+, and Reward+.
Projects highlighted in the Signature Series 2023 campaign
Klang Valley | Sunway Serene, PJ Sunway Artessa, Wangsa Maju Sunway d’Hill, Kota Damansara Sunway Velocity TWO, Cheras Sunway Belfield, KL Jernih Residence, Kajang Alishan Residences, Cheras Sunway Flora Residences, Bukit Jalil |
Southern Malaysia | Sakura Residence, Sunway Iskandar Sunway Citrine Residences, Sunway Iskandar Sunway Emerald Residence, Sunway Iskandar Sunway Lenang Heights, Taman Molek Sunway Grid Residence, Sunway Iskandar Sunway Aviana, Sunway Iskandar |
Northern Malaysia | Sunway Bayu, Ipoh Sunway Onsen Suites, Ipoh Sunway Dora, Bayan Baru |
These homes are designed with Sunway Design and Development Architecture (SDDA), which ensures that each development meets the demands of modern living while fostering a sense of community. SDDA is Sunway Property’s development process, incorporating the highest standards of sustainability, innovation, health and wellness, lifestyle, and new experiences.
Sunway has a landbank of close to 3,308 acres, located across multiple strategic locations with a potential GDV of approximately RM51.4 billion. They are one of the largest listed landowners in Iskandar Malaysia with 1,712 acres.
In 2023, Sunway Property continues to invest in its integrated townships and completing RM 1.1 billion worth of investment properties which includes the expansion of Sunway Medical Centre Velocity (Phase 2), Sunway Medical Centre (Phase 4) and Sunway International School (Phase 2) in Sunway City Kuala Lumpur. The developer will also be expanding its extreme park in Johor with the X Park 2 in Sunway City Iskandar Puteri, to include catamaran and horse-riding facilities.
2) S P Setia

Total revenue for 2022 | RM4.45 billion |
Financial results for 1H23 | Revenue: RM1.91 billion Sales: RM2.56 billion |
Since its inception in 1974, S P Setia has developed more than 100 projects, including townships, commercial developments, and high-rise condominiums. Majority of their projects are based in Malaysia’s Klang Valley, Johor Bahru, and Penang regions.
SP Setia also has a selection of international projects, including landed residential properties in an eco-themed township located north of Ho Chi Minh City in Vietnam, and strata residential properties in Vietnam, Australia, and Singapore.
In addition to its core business in property development, S P Setia has expanded into the hospitality and industrial property sectors. One of their ventures into diversification is an ambulatory care centre (ACC) at Setia City Residences in Setia Alam. S P Setia will also develop an industrial-based business park in Setia Alaman, Klang.
For investment properties, S P Setia is collaborating with business partners, including:
- International Schools Partnerships (ISP) – Tenby Setia Eco Park, Shah Alam, Selangor; Tenby Setia EcoHill, Semenyih, Selangor, and Tenby Setia Eco Gardens, Gelang Patah, Johor
- Shopping malls: Setia City Mall, Shah Alam, Selangor (with Lendlease); SetiaWalk Mall, Puchong, Selangor; Setia EcoHill Mall, Semenyih, Selangor; and KL Eco City Mall, Bangsar, Kuala Lumpur
- Hotels: Amari Kuala Lumpur, Bangsar, Kuala Lumpur, and Amari SPICE Penang, Bayan Lepas, Penang
For the six months period to 30 June 2023, S P Setia recorded a net profit of RM98.51mil on revenue of RM1.91bil against net profit of RM147.59mil and revenue of RM1.89bil.
In 2022, S P Setia completed and delivered RM20.58 billion worth of properties comprising various projects including:
Klang Valley | Setia Alam, Shah Alam Setia Alam Impian, Shah Alam Setia Bayuemas, Klang Setia EcoHill 2, Semenyih Setia Alamsari, Bangi Setia Mayuri, Semenyih Setia Eco Park, Shah Alam Setia Eco Glades, Cyberjaya Setia Safiro, Cyberjaya Setia Eco Templer, Rawang Bandar Kinrara, Puchong Alam Damai, Shah Alam Setia Seraya Residences, Putrajaya |
Penang | Setia Fontaines, Seberang Perai |
Johor | Setia Tropika, JB Taman Pelangi Indah, JB Taman Rinting, JB Bukit Indah, Iskandar Puteri |
Singapore | Daintree Residence, Upper Bukit Timah |
Australia | Sapphire by the Gardens, Melbourne UNO Melbourne |
Vietnam | EcoXuan, Ho Chi Minh EcoLakes, Binh Duong |
United Kingdom | Battersea Power Station project Phase 3A, London |
Setia EcoHill 2, Setia Mayuri, Setia Tropika, Setia Alamsari, Setia Fontaines, Setia Alam Impian, Bandar Kinrara, Setia Eco Templer, Setia Warisan Tropika, and Setia Eco Gardens are some of the company’s popular landed products.
Some of S P Setia’s launches in 2023 include Laelia double-storey terraced homes in Setia Bayuemas, Klang; Casablanca 3 double-storey semi-detached and cluster homes in Setia Alam Impian, Shah Alam; Duta Villa 3 in Setia Alam, Shah Alam; Casaville bungalows in Setia EcoHill, Semenyih; Bloc 17 retail lots in Setia Safiro, Cyberjaya; and Musika double-storey terrace homes in Setia Alam, Shah Alam; Temasya Prisma mixed-use development in Temasya Glenmarie in Shah Alam.
In July 2023, S P Setia launched an initiative to implement sustainable features in their future landed residential developments. Setia i-Home is part of S P Setia’s commitment to accelerating its efforts in Environmental, Social and Governance (ESG) and achieving Net Zero by 2050.
3) IJM Land

Total revenue for 2022 | RM4.41 billion |
Financial results for FY23 | Revenue: RM4.57 billion Sales: RM2.7 billion |
IJM Land Bhd is the property development arm of IJM Corp Bhd. Their growth over the past four decades has been the result of its focus on its core competencies, diversification into strategically related businesses and selective expansion into new markets.
IJM Land is the developer of Seremban 2, an approximately 2,300-acre self-contained township that was launched in 1995. The developer has a land bank of 4,497 acres with an estimated GDV of RM46 billion, and has established a foothold in prominent locations across Penang, Kuala Lumpur, Selangor, Negeri Sembilan, Johor, Sabah and Sarawak. It is also undertaking projects abroad such as central London in the UK.
Apart from Seremban 2, some of their notable developments include Riana Dutamas @ North Kiara (Kuala Lumpur), Bandar Rimbayu (Selangor), Austin Duta (Johor), and The LIGHT Waterfront (Penang).
Some of IJM Land’s recent launches
Central Malaysia | Avela, IJM Rimbayu Daffodil Residency, Bandar Alam Suria Sierra Hijauan Phase 2G, Ukay Perdana Sutera Phase 1, Nova Phase 1 & Vio Banj’ran Phase 3H, S2 Heights Aman, Seremban |
Southern Malaysia | Austin Duta Phase 11A, Johor Bahru |
Northern Malaysia | Essense, The Light City Penang IJM Bayouri, Jawi Penang |
The group is expected to complete its first mall in Penang Waterfront, with an estimated 1.5 million sq ft in net lettable area, and a 330,000 sq ft convention centre, in the first quarter of 2025. It will also have office towers, residential towers and a hotel within the development. The mixed development is known as The Light City Penang.
There’s also a 58-acre integrated development of Pantai Sentral Park in Bangsar South, which will feature retail, offices, wellness, a park, and hotel.
4) Sime Darby Property

Total revenue for 2022 | RM2.7 billion |
Financial results for 1H23 | Revenue: RM1.4 billion Sales: RM1.5 billion |
Sime Darby Property has over 50 years of experience in building sustainable communities. The company has developed 25 active townships and developments across the country including City of Elmina, Bandar Bukit Raja, KLGCC Resort, Serenia City, and Hamilton Nilai.
The company has been the dominant developer in the Subang area through successful developments such as USJ, Putra Heights, Bukit Jelutong, and Ara Damansara.
Sime Darby Property continues to build on its strengths, specifically on its successful and thriving townships, which are strategically positioned to offer best-in-class products with functional layouts and excellent amenities.
Some of Sime Darby Property’s recently launched residential projects
Klang Valley | Emilia 1 & 2, Nilai Impian 2 Serenia Anisa 1, Serenia City Nadira 3 & Casira 3 (Series 1), Bandar Bukit Raja Ilham Residence 3, City of Elmina Serasi Residences, Putra Heights The Eighth (Phase 2) & Elmina Green 7, Elmina West Teja, SJCC Park 1, Melawati |
According to Sime Darby Property’s Q2 2023 report, they’ve a remaining developable land of approximately 13,747 acres. The increase in profit before tax (PBT) is a reflection of increased on-site development activities in Bandar Bukit Raja, Nilai Impian, Elmina Business Park, and Serenia City townships.
Sime Darby Property has also made their mark in the United Kingdom as part of a Malaysian consortium that developed the iconic Battersea Power Station in Central London. Additionally, Sime Darby Property’s philanthropic arm, Yayasan Sime Darby (YSD), actively implements social welfare initiatives to assist underprivileged communities living within and nearby its townships.
In its bursa filing in May 2023, Sime Darby Property announced that the proposed acquisition of three parcels of freehold land totalling 948.8 acres in Kapar, Klang for RM618 million was approved at its extraordinary general meeting. The proposed development of the Kapar land will be carried out in phases over a period of 10 to 15 years, with an estimated gross development value (GDV) of between RM5 billion and RM6 billion.
5) Gamuda Land

Total revenue for 2022 | RM2.7 billion |
Financial results 9 months ended 30 April 2023 | Sales: RM1.3 billion |
Gamuda Land was established in 1995 and they’ve continually delivered sustainable developments while nurturing holistic township communities in Malaysia and across the globe, including Australia, the United Kingdom, Vietnam, and Singapore.
In Malaysia, Gamuda Land’s on-going projects include Gamuda Cove in Kuala Langat, Gamuda Gardens and Kundang Estates in Sungai Buloh, twentyfive.7 in Kota Kemuning, Jade Hills in Kajang, and Horizon Hills in Iskandar Puteri.
Gamuda Cove has drawn nationwide interest with its SplashMania Water Park, which has attracted more than 75,000 footfall per month on average. Other placemaking and eco-tourism initiatives such as Paya Indah Discovery Wetlands, and outdoor adventures such as the Goosebumps Rope Course and the Cove Aerobar continue to add to the vibrancy of Gamuda Cove.
Gamuda Gardens also has its leisure and entertainment components, including Skyline Luge, Big Bucket Splash and a fun park, which are targeted for opening by the end of 2023.
Some of Gamuda Land’s recent launches and current developments
Central Malaysia | Mio Spring, Gamuda Cove The Waterlily, Gamuda Cove Luxura & Levane, twentyfive7, Kota Kemuning Cloville & Summerwoods, Jade Hills, Kajang Monarc & Valeria Garden Homes, Gamuda Gardens HighPark Suites, Petaling Jaya |
Southern Malaysia | Mansion18, Horizon Hills, Iskandar Puteri D’Suites condominium, Horizon Hills, Iskandar Puteri Horizon Square, Horizon Hills, Iskandar Puteri Horizon Mall, Horizon Hills, Iskandar Puteri |
International | West Hampstead Central, London The Canopy on Normanby, Melbourne |
In August 2023, Gamuda Land launched the ‘Cares for You’ campaign, a financial solution for hassle-free homeownership designed to add value to its residential offerings.
Collaborating with VSure, Malaysia’s first on-demand lifestyle digital insurance provider, and DOC2HOME, Malaysia’s largest e-prescriptions and digital health provider, the campaign aims to highlight the value proposition of Gamuda Land homes while prioritising the health and well-being of its residents.
The campaign revolves around comfort, convenience and accessibility, creating a seamless blend that enhances the daily living experience for all Gamuda Land homebuyers. The home-based healthcare services will include unlimited teleconsultation, medicines delivery, health screenings, and recovery benefits after a dengue diagnosis, hospitalisation or acute illness. A team of professionals including doctors, dietitians, nutritionists and pharmacists will attend to residents’ health and wellness needs via chat and video consultation.
Gamuda Land continues to strengthen its presence in northern Klang Valley with the acquisition of a 532-acre parcel, located next to the 810-acre Gamuda Gardens township.
Gamuda Land’s remaining landbank stands at 3,344 acres amounting to RM55.3 billion in gross development value with a total development period of 15 years. These landbanks are spread across Malaysia, Vietnam, Australia, Singapore and the UK.
6) IOI Properties Group

Total revenue for 2022 | RM2.59 billion |
Financial results for FY23, ended 30 June 2023 | Revenue: RM2.59 billion Sales: RM1.96 billion |
IOI Properties Berhad (IOI Properties) began as a small property development company called Lam Soon Huat Development in 1975. The company was renamed IOI Properties in 1994. In 1990, IOI Properties launched its first major project, Bandar Puchong Jaya. This was followed by the development of Bandar Puteri Puchong.
IOI Properties’ most well-known project is the IOI Mall in Puchong. The mall opened in 1996, and it is one of the largest in the Klang Valley. It also helped to transform Puchong from a sleepy town into a bustling suburb.
Other major development projects by IOI Properties include IOI Resort City, 16 Sierra, Bandar Puteri Bangi, Warisan Puteri Sepang, and Bandar Putra Kulai. The 16 Sierra mass rapid transit (MRT) station is operational, and it is expected to provide added convenience and greater connectivity to the community of 16 Sierra.
Some of the recent developments in IOI Properties’ portfolio
Central Malaysia | Stellar Suites, Bandar Puteri Puchong Clio 2 & Gems Residences, IOI Resort City Avens 2, 16 Sierra, Puchong South The Strata 2, Bandar Puteri Bangi Alanis & Arena Xchange, Warisan Puteri Sepang Bandar IOI Bahau, Negeri Sembilan |
Southern Malaysia | Cello 1 Cello 2, Marvela & Aralia, Bandar Putra Kulai Victory, Kempas Utama, Johor Bahru Platino Avenue, Skudai Crystal, Taman Lagenda PutraI-Synergy industrial park, Bandar Putra KulaiRuby, Jati, Iberis & Lavenda 2 at Bandar IOI Segamat |
Northern Malaysia | D’Zone Condominium, Penang Cypress Villa, Penang |
Singapore | IOI Central Boulevard Towers. Marina Bay Marina View |
China | IOI Palm City, Xiamen IOI Palm International Parkhouse, Xiamen Palm City Mall, Xiamen |
As for the group, IOI Properties Group Berhad, it has a legacy spanning more than four decades in the property development industry. The Group’s three core business segments comprise property development, property investments and hospitality and leisure across Malaysia, Singapore and Xiamen, People’s Republic of China (PRC).
7) Mah Sing Group

Total revenue for 2022 | RM2.32 billion |
Financial results for 1H23 | Revenue: RM1.29 billion Sales: RM1.2 billion |
Mah Sing Group was founded in 1991 and has since become a major player in the Malaysian property market, having sold more than 45,000 units from over 50 property projects nationwide. They’ve a diverse portfolio of residential, commercial, and industrial developments.
For the cumulative six months ended 30 June 2023, Mah Sing had a net profit of RM100.53 million from RM86.21 million previously, while revenue was at RM1.29 billion from RM975.24 million previously.
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
In 2H 2023, Mah Sing plans to launch M Minori in Johor Bahru, future phases of M Senyum, Meridin East, M Panora, and M Sinar. Mah Sing will also be developing M Zenya, its fourth project in Kepong, building on the success of Lakeville Residence, M Luna, and the recently launched M Nova.
The mixed residential development of M Zenya directly fronts the Kepong Metropolitan Lake, and is located next to the retail project Keponggi Square. It’s also within a 1km radius from Mah Sing’s M Luna, 3km radius from M Nova, and 5km radius from Lakeville Residence.
Other key developments by Mah Sing
Central Malaysia | M Oscar, Off Kuchai Lama M Arisa, Sentul M Vertica, Cheras M Astra, Setapak M Centura, Sentul M Adora, Wangsa Melawati M Aruna, Rawang Star Avenue Lifestyle Mall, Shah Alam |
Southern Malaysia | i-Parc, Tanjung Pelepas, Johor Meridin Bayvue, Masai, Johor Meridin @ Medini, Nusajaya, Johor |
Northern Malaysia | M Vista, Bayan Lepas, Penang Ferringhi Residence 2, Batu Ferringhi, Penang Southbay City, Batu Maung, Penang |
Supported by a strong balance sheet and good market outlook for properties in the affordable range, Mah Sing continues to eye more landbank, with priority given to land parcels suitable for the affordable M Series landed and high-rise residential and industrial developments.
Mah Sing’s property development division plans to continue targeting first-home buyers and genuine buy-to-own upgraders, two segments which they believe will continue to do well in 2023. About 65% of the M Series buyers are 35 years old or younger.
Mah Sing Group has won numerous awards for its projects, and some of its best projects include M Residence, Southville City, and D’Sara Sentral.
To address the rising cost of construction, the group has adopted efficient construction management methods, which will provide greater cost efficiency and better quality control over the property construction process.
8) Eco World Development Group

Total revenue for 2022 | RM2.04 billion |
Financial results | Revenue for 2Q 2023: RM420.8 million Sales for first 7 months of 2023: RM2.4 billion |
Established in 2013, EcoWorld Development Group Berhad (EcoWorld Malaysia) has presence in the Klang Valley, Iskandar Malaysia, and Penang. The group’s projects are known for their sustainable features and commitment to creating liveable and sustainable communities.
They’ve undertaken a total of 20 projects with a gross development value (GDV) exceeding RM87 billion covering new townships, integrated developments, affordable, upgrader, and luxury homes, and green business parks.
In Malaysia, the company’s most notable projects include Eco Sanctuary, Eco Grandeur, and Eco Ardence. They’ve also developed projects such as Eco Sky, Eco Majestic and Bukit Bintang City Centre in Klang Valley; Eco Botanic and Eco Spring in Johor; and Eco Terraces in Penang.
EcoWorld Malaysia has approximately 8,318.3 acres of land bank with a total gross development value of RM85 billion. In September 2023, it was reported that the company had acquired land in Kulai, Johor, enabling the group to replenish its depleting land bank for industrial products, thereby increasing it by more than half to 1,198 acres.
In a relatively short period, Eco World has become a sought-after developer and brand name in the property world. In addition to its domestic operations, EcoWorld Malaysia, has also extended its reach to the United Kingdom and Australia, through its subsidiary, EcoWorld International Berhad (EcoWorld International).
Residential launches in 1H 2023 (mainly upgrader developments)
Central Malaysia | Bohemia @ Eco Sanctuary, Kuala Langat Eden @ Eco Sanctuary, Kuala Langat Birchpark @ Eco Forest, Semenyih SWNK Houze – BBCC, KL city centre Norton Garden @ Eco Grandeur, Puncak Alam |
Southern Malaysia | The Commune @ Eco Botanic 2, Iskandar Puteri Aranya, Caia, Aria & Nora @ Eco Tropics, Pasir Gudang, Iskandar Malaysia Bayfield @ Eco Spring, Tebrau Chara & Theia @ Eco Spring, Tebrau |
Northern Malaysia | Camdon @ Eco Horizon, Bandar Cassia, Batu Kawan Beldon @ Eco Horizon, Bandar Cassia, Batu Kawan |
EcoWorld Malaysia launched a series of duduk properties to meet the needs of first-time homeowners and those seeking to own homes at more attainable prices. Huni at Eco Ardence and Se.Ruang at Eco Sanctuary are expected to be completed in Q1 of 2024.
In March 2023, EcoWorld Malaysia launched Hana D’ Eco Ardence, the latest in their duduk series. Other projects in the duduk collection include Sa.Young at Eco Botanic, Santai at Eco Spring, Ceria at Eco Horizon, and Riang at Eco Majestic.
9) UEM Sunrise

Total revenue for 2022 | RM1.5 billion |
Financial results for 1H23 | Revenue: RM605 million Sales: RM1.5 billion |
UEM Sunrise was established in 2008 and is a subsidiary of UEM Group Berhad, a Malaysian infrastructure and construction company. UEM Sunrise has core competencies in macro township development, high-rise residential, commercial, retail, industrial and integrated developments.
UEM Sunrise is progressing into the second stage of Triage in 2023, upon achieving the majority of the initiatives rolled out in 2022. Triage is the first part of our three-phase strategic turnaround plan and takes place from 2022 to 2023. This will be followed by Stabilise (2024 to 2025) and Sustain (2026 and beyond).
UEM Sunrise’s presence in Malaysia and international regions
Central Malaysia | Serene Heights, Bangi Symphony Hills, Cyberjaya KAIA Heights, Seri Kembangan Solaris Parq, Dutamas Residensi Astrea, Mont Kiara Kondominium Kiara Kasih, Segambut Residensi Allevia, Mont Kiara Kiara Bay, Kepong Radia Bukit Jelutong (JV), Shah Alam Forest Heights (JV), Seremban |
Southern Malaysia | East Ledang, Iskandar Puteri Nusa Idaman, Iskandar Puteri Nusa Bayu, Iskandar Puteri Imperia, Iskandar Puteri Teega, Puteri Harbour Almas, Puteri Harbour Estuari, Iskandar Puteri Denai Nusantara, Iskandar Puteri Serimbun, Iskandar Puteri 68° Avenue, Iskandar Puteri Aspira LakeHomes, Iskandar Puteri Aspira ParkHomes, Iskandar Puteri Aspira Square, Iskandar Puteri Aspira Gardens, Iskandar Puteri Senadi Hills, Iskandar Puteri Mall of Medini (JV), Iskandar Puteri Horizon Hills (JV), Iskandar Puteri Emerald Bay (JV), Iskandar Puteri The Maris (JV), Kota Tinggi |
International | Aurora Melbourne Central, Melbourne Conservatory Melbourne Collingwood, Melbourne Durban South Africa |
UEM Sunrise’s focus has always been Iskandar Puteri in Iskandar Malaysia, Johor, where they assume the role of master developer, and Mont’Kiara and Dutamas in Kuala Lumpur as the leading developer for the niche segments in the vicinity. In addition, UEM Sunrise has developed retail concepts such as the Publika Shopping Gallery in the Dutamas neighbourhood.
Their sales as of 30 June 2023 were derived from The MINH in Mont’Kiara, The Connaught One in Cheras, and Residensi Allevia, and Senadi Hills, Estuari Gardens and Aspira Square, all in Iskandar Puteri.
UEM Sunrise will also continue to launch new phases of its existing developments, mainly double-storey landed homes in Serene Heights, Semenyih, and further phases in Senadi Hills and Gerbang Nusajaya, both in Iskandar Puteri.
The developer is aiming to launch Residensi ZIG in Kiara Bay in Kepong, allowing those who missed out on Residensi AVA to own a residence near the Kepong Metropolitan Park.
On 16 June 2023, UEM Sunrise launched a marketing initiative called the ‘Happy Hunt’ campaign, which encompasses a range new and ongoing developments in the central region such as The MINH, Allevia, KAIA Heights, Serene Square, and The Connaught One, and in the Southern region such as Senadi Hills Phase 2A, Aspira Gardens Phase 2 and Aspira Square.
In line with their portfolio rebalancing strategy in recent years, UEM Sunrise is geographically diversifying from current habitation, making an entrance into Equine Park in Seri Kembangan with the launch of KAIA Heights and acquired prime land parcels of 9.9 acres in Section 13, Petaling Jaya, which they target to launch in 2025.
They’ve also acquired 6.9 acres of land in Taman Connaught in Cheras, which will be home to their first transit-oriented development (TOD), as the land is located next to the Taman Connaught MRT Station.
10) IGB Berhad

Total revenue for 2022 | RM1.29 billion |
Financial results for 1H23 | Revenue: RM778.31 million |
IGB Berhad is a merger between Tan & Tan Developments Berhad and IGB Corporation Berhad. Their core business is in retail, commercial, residential, construction and hospitality, with investments in water treatment, information technology and data analytics and education.
Their first project was the Desa Kudalari luxury apartment project launched in 1979. Other notable developments include the 255-acre Sierramas project in Sungai Buloh, and Mid Valley City in Kuala Lumpur. Apart from Malaysia, IGB Berhad has also established footprints across Asia, Australia, the United States of America and the United Kingdom.
The group’s achievements include properties such as U-Thant Residences, Hampshire Residences and Offices, Stonor 3, and Seri Maya in KL, and Southpoint Residences at Mid Valley City.
Tan & Tan Developments Berhad, the property arm of the group, is focused on growing and refining lifestyle products, such as Coliv, Kuala Lumpur’s first co-living accommodation, and ReU Living, the group’s eldercare operator.
There you have it, some of the top names in the property industry in Malaysia. If you’re looking to purchase a home from a property developer, you can start your search by checking out the developers listed above!
And remember, always begin by checking your loan eligibility, and then narrow your options based on how much you can borrow from financial institutions!
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