Buying a home is a lifetime investment, and you can’t afford to take any chances with that. Doing some prior research to choose the right developer is rewarding. As you know, Malaysia is one of the fastest-growing economies in the world. It boasts many quality real estate developers offering properties of world-class designs within carefully planned neighborhoods.
So, here are a list of the top 10 property developers in Malaysia (not in order of wealth or investment) who has a good track record of developing and delivering property on their real estate development projects:
1. UEM Sunrise
Source: UEM Sunrise
UEM Sunrise is a public-listed company and one of the leading property developers, and one of the largest companies in Malaysia. It is a member of the UEM Group, and its international presence has made it one of the best-known developers in Malaysia.
Like some of the other developers on this list, UEM offers various property types, including high-rise residential towers and macro townships. It is one of the leading companies for township and property development businesses. In addition, the company is famous for large scale infrastructure projects. UEM Sunrise has core competencies in macro township development, high-rise residential, commercial, retail and integrated developments, and property management services. The company has extended its mark internationally with acclaimed properties in Singapore, Australia, Canada and South Africa. Not only is it a member of the established UEM Group. In addition, it’s owned by Khazanah – one of the government’s investments holding arms.
2. Eco World
Source: Eco World
Eco World Development Group Berhad is a public listed Malaysian company involved mainly in property development.
It has become a very respected and sought-after developer and brand name in a relatively short period of time. They've undertaken a total of 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.
In Malaysia, they've established their mark with Eco Sky and Eco Majestic in Klang Valley; Eco Botanic and Eco Spring in Iskandar, Johor; as well as Eco Terraces in Penang. They've also ventured overseas and now have projects in the United Kingdom and Australia.
3. S P Setia
Source: S P Setia
S P Setia has established a strong brand presence in Malaysia and overseas, a brand synonymous with quality, reliability and value creation. S P Setia is also at the forefront of branding in the property industry in Malaysia, being the pioneer in coining the renowned Live-Learn-Work-Play concept, which is trademarked by the company as well as ECO philosophy in all S P Setia’s developments, making it a highly regarded brand in the industry.
Their quality products and their sensitivity to customers’ needs and aspirations have also contributed to S P Setia’s sterling reputation as a property developer. A multiple award-winning public listed company, S P Setia ceaselessly strives to produce innovative and quality products for Malaysians and international communities. Their well-received products range from townships to Eco-homes, luxury homes, high rise residences, retail & commercial and integrated developments.
SP Setia started in the 70s. Today, it is a household name in Malaysia, with major successful developments such as Bandar Kinrara, Bandar Baru Sri Petaling, Setia Alam and Setia Eco Park.
They recently announced plans to launch projects with GDV of RM2.17 billion by year-end and are currently focusing on mid-range landed properties. They're a true giant in the industry with 46 ongoing projects and an effective remaining land bank of close to 9,000 acres! Overseas, they've also felt with projects in the United Kingdom, China, Japan, Vietnam, Singapore, and Australia.