Malaysia’s construction sector continues to thrive, bolstered by strong demand for infrastructure, housing, and commercial developments. 

In 2024, the industry is projected to experience significant growth, driven by both private and government-led initiatives. Key areas of focus include urban development, tech infrastructure, and affordable housing, with notable projects such as the Bridge Data Centres in Cyberjaya, Persada Mentari Residential Development on Andaman Island, and the Kedah Aerotropolis taking center stage. These projects reflect the country’s vision of sustainable growth and modernization, laying the foundation for future economic expansion. 

How to Identify the Top 20 Construction Projects in Malaysia by Value? 

Identifying the largest and most significant construction projects requires access to real-time data, industry insights, and comprehensive project details. 

One of the most effective ways to track and analyze these projects is through BCI LeadManager, a market-leading platform that offers in-depth data on construction activity across Malaysia. 

By using BCI LeadManager, you can: 

• Filter projects by value: Instantly identify the most valuable projects by setting specific criteria, such as project type, sector, or location. 

• Access project status and timelines: Stay informed about key milestones such as planning stages, construction phases, and completion dates. 

• Monitor market trends: Analyze trends in different sectors—residential, commercial, infrastructure—and uncover opportunities as they emerge in the Malaysian construction market. 

• Contact key stakeholders: Connect with project owners, contractors, and decision-makers to explore potential partnerships or gain further insights into ongoing developments. 

Leveraging BCI LeadManager allows businesses to stay ahead in the highly competitive construction industry, ensuring you are aware of the most valuable projects and emerging opportunities. 

Top 20 Construction Projects in Malaysia 

20. Persada Mentari: Houses at Andaman Island (Future Phases) 

Persada Mentari: Houses at Andaman Island (Future Phases) is an upcoming residential project situated on Andaman Island, Malaysia. This development aims to feature modern landed homes that harmonise with the island’s natural beauty. It will also offer green areas, and various lifestyle amenities.  

As the project is still in the planning phase, specific architectural designs and construction schedules have yet to be established. Nevertheless, it will uphold the eco-friendly and sustainable design principles evident in other projects on Andaman Island.  

BCI Central Project ID: 115068003 
Địa điểm: Land A, Seksyen 2, Kawasan Tebusguna Bandar Tanjung Pinang, Seri Tanjung Pinang Phase 2, 10470 Tanjung Tokong , Penang, Malaysia 

Loại hình dự án: Houses (291) – New – 3 Storey 
Project Value: 445 million MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Plans in Progress  

Developer/Property Manager: Persada Mentari Sdn Bhd 
Architect/Designer: GDP Planners Sdn Bhd, GDP Architects Sdn Bhd – Penang, Wimberly Allison Tong & Goo 
Main Contractor:  Jurutera TSSC Lim Sdn Bhd, JY Consult PLT, Unitech QS Consultancy Sdn Bhd, Syarikat Ayob bin Saud 

Construction Start: Q4 2025 
Construction End: Q4 2028 

*All values as of 27 September 2024 
*Image source: Penang Property Talk 

19. Penang International Commercial Centre (PICC): Phase 1B, 2A & 3 

Penang International Commercial Centre (PICC): Phase 1B, 2A & 3 is a significant mixed-use development situated in Penang, Malaysia. 

Designed to be a contemporary commercial hub, PICC will incorporate a mix of office spaces, retail shops, residential units, and hospitality services. Phase 1B is centered on finishing the office towers and retail areas, while Phases 2A and 3 will introduce additional residential and hotel projects. The initiative aims to enhance Penang’s status as a regional business and lifestyle destination by providing cutting-edge facilities and easy access to major transport links. 

Currently, construction for Phase 1B is progressing, with steady advancements on the core office towers and commercial areas. The following phases are at different stages of development, with Phase 2A anticipated to commence soon. Once fully completed, PICC is expected to become a vibrant hub for business, leisure, and living, drawing in both local and international tenants and visitors. 

BCI Central Project ID: 74303003 
Địa điểm: Phase 1B, 2A & 3, Jalan Tun Dr Awang, Mukim 12, Bayan Baru, Daerah Barat Daya, 11900 Bayan Lepas, Penang, Malaysia 

Loại hình dự án: Apartments (624) | Hotel (622 rooms) | Offices – 3 buildings – New – 42 – 52 Storey 
Project Value: 450m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Plan in Progress  

Developer/Property Manager: Hunza Properties Bhd 
Architect/Designer: Architects 61 Sdn Bhd – Penang, Arkitek Permata Sdn Bhd – Jalan Burmah, LandArt Design Sdn Bhd 
Main Contractor:  Arup Jururunding Sdn Bhd – Penang, GH Tag Sdn Bhd 

Construction Start: Q4 2025 
Construction End: Q4 2028 

*All values as of 01 May 2024 
*Image source: Penang Property Talk 

18. Bridge Data Centres at Cyberjaya (MY02) 

Bridge Data Centres at Cyberjaya (MY02) is an advanced data center development situated in Cyberjaya, Malaysia, which is emerging as a significant tech hub. This initiative is part of Bridge Data Centres’ growing presence in Southeast Asia, providing cutting-edge IT infrastructure and colocation services for various businesses. 

MY02 is specifically designed to address the rising demand for high-capacity data solutions in the area, featuring strong energy efficiency and security measures. 

The facility will serve multiple sectors, including financial services, cloud service providers, and telecommunications. It is being constructed to Tier III standards, ensuring exceptional reliability, and is equipped with scalable energy solutions to accommodate future needs.  

BCI Central Project ID: 115267003 
Địa điểm: 63000 Cyberjaya, Selangor Darul Ehsan, Malaysia 

Loại hình dự án: Data Centre – 3 buildings – New – 3 Storeys  
Project Value: 450m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Phê duyệt thiết kế 

Developer/Property Manager: Bridge Data Centres Malaysia III Sdn Bhd, Cyberview Sdn Bhd 
Architect/Designer: Rekarancang Sdn Bhd 

Construction Start: Q4 2025 
Construction End: Q2 2027 

*All values as of 09 August 2024 
*Image source: Bridge Data Centres 

17. Lagenda Properties – Seed Homes: Affordable Houses at Gurun 

Lagenda Properties – Seed Homes: Affordable Houses at Gurun is an upcoming residential development in Gurun, Kedah, Malaysia. This project focuses on delivering affordable housing options for first-time homebuyers and low- to middle-income families.  

The development will feature various house designs, including single-storey and double-storey units, all within a thoughtfully planned community with green spaces and essential facilities. It is positioned close to essential amenities, schools, and transportation links 

BCI Central Project ID: 114758003 
Địa điểm: 08010 Gurun , Kedah Darul Aman, Malaysia 

Loại hình dự án: Houses (3,000) – New – Single Storey 
Project Value: 450m MYR 
Project Stage: Kế hoạch tổng quan 
Project Status: Lập kế hoạch sớm  

Developer/Property Manager: Lagenda Properties Bhd, Seed Homes Sdn Bhd 

Construction Start: 2027 
Construction End: 2030 

*All values as of 26 September 2024 
*Image source: Met Property 

16. Parkland by the River (Phase 1 & 2) 

Parkland by the River (Phase 1 & 2) is a premium residential development located along a scenic riverside in Selangor, Malaysia. The project offers modern homes designed to provide a serene and nature-inspired living environment, featuring a variety of housing types such as terrace houses, semi-detached homes, and luxury villas.  

Phase 1 is nearing completion, with several homes already available for viewing, while Phase 2 has just commenced construction. The development highlights sustainable building practices, incorporating eco-friendly materials and energy-efficient systems. 

BCI Central Project ID: 106146003 
Địa điểm: Diatas Lot 156682, Lebuhraya Johor Bahru – Pasir Gudang, Mukim Plentong, 81750 Johor Bahru, Johor Darul Ta’zim, Malaysia 

Loại hình dự án: Apartments (2,516) | Shops (12) – 4 Buildings – New – 36 Storey 
Project Value: 461m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Documentation in Progress  

Developer/Property Manager: Parkland Southern Sdn Bhd,  
Architect/Designer: WDA Architects Sdn Bhd, P & D Planners Sdn Bhd,  
Main Contractor: TSB Builders Sdn Bhd 

Construction Start: Q3 2025 
Construction End: Q4 2027 

*All values as of 30 October 2024 
*Image source: HS Group 

15. Crown Penang 

Crown Penang is a high-rise luxury condominium development located in the heart of George Town, Penang, Malaysia. Positioned as an iconic addition to the city’s skyline, Crown Penang offers upscale living with panoramic views of the city and coastline. The development includes a range of residential units, complemented by premium amenities such as a rooftop infinity pool, gym, and landscaped gardens.  

Currently in the pre-construction stage, Crown Penang is progressing towards completion, with its launch anticipated within the next few years. The development places a strong emphasis on architecture and sustainability, blending contemporary design with Penang’s heritage.  

BCI Central Project ID: 108645003 
Địa điểm: Lot 10012, Jalan Seri Tanjung Pinang, Bandar Tanjung Pinang, Seksyen 1, Daerah Timur Laut, 11200 Tanjung Tokong , Penang, Malaysia 

Loại hình dự án: Serviced Apartments (588) – New – 41 Storey 
Project Value: 475m MYR 
Project Stage: Tiền xây dựng 
Project Status: Expressions of Interest 

Developer/Property Manager: Stellar Platinum Sdn Bhd,  
Architect/Designer: Quintrix Architects, Yee Yew Chuin Architect – Penang, Chaos Design Studio, Permata Green Sdn Bhd 
Main Contractor:  TBA 

Construction Start: Q4 2025 
Construction End: Q4 2028 

*All values as of 15 November 2024 
*Image source: The Crown Penang Official Website 

14. DK-City @ Bandar Sunway: D’Twist (Phase 3) 

DK-City @ Bandar Sunway: D’Twist (Phase 3) is a mixed-use development located in the bustling area of Bandar Sunway, Malaysia.  

This phase introduces stylish serviced apartments and SoHo units, catering to young professionals, students, and investors. The development is strategically located near Sunway University, shopping malls, and medical centers, creating a dynamic, integrated lifestyle. 

BCI Central Project ID: 39348003 
Địa điểm: Lot 33948, Jalan Taylors, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan, Malaysia 

Loại hình dự án: Soho (1,416) – 3 Buildings – New- 27 – 40 Storey 
Project Value: 500m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Ứng dụng thiết kế 

Developer/Property Manager: DK-MY Properties Sdn Bhd,  
Architect/Designer: RDA-Harris Architect, Design INC Sdn Bhd, SS Planning & Consult 

Construction Start: Q2 2025 
Construction End: Q2 2030 

*All values as of 08 May 2024 
*Image source: KL Property Talk 

13. Eden Residence 

Eden Residence is a luxury residential development located in the serene suburbs of Kuala Lumpur, Malaysia. This gated community offers high-end homes. The residences feature a mix of contemporary villas and bungalows, all set within landscaped grounds. With state-of-the-art security, private club facilities and easy access to key highways and urban amenities, Eden Residence is designed to offer both luxury and convenience. 

Currently in the design & documentation stage, Eden Residence is expected to be completed within the next few years, with show units already attracting significant interest from prospective buyers. The project focuses on sustainable living, with eco-friendly building materials and energy-efficient systems integrated into its design. 

BCI Central Project ID: 10481003 
Địa điểm: Lot 480191, Jalan Gallagher, Taman Duta, 50480, Kuala Lumpur, Malaysia 

Loại hình dự án: Apartments (146) | 8 Buildings | New | 3-7 Storey 
Project Value: 500m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Documentation in Progress 

Developer/Property Manager: BRDB Development Sdn Bhd,  
Architect/Designer: GDP Architects Sdn Bhd, Walrus Design Sdn Bhd 

Construction Start: Q2 2025 
Construction End: Q2 2028 

*All values as of 28 February 2024 
*Image source: Eden Residence Official Website 

12. KSL Idaman Serviced Apartments @ Commercial City (Lot 51966) 

KSL Idaman Serviced Apartments @ Commercial City is a high-rise residential project located in Johor Bahru, Malaysia. Part of the larger Commercial City development, this project offers serviced apartments tailored for urban living, with layouts ranging from compact units for professionals to larger, family-friendly spaces.  

The project focuses on modern design with high-quality finishes, emphasizing both aesthetics and functionality.  

BCI Central Project ID: 114018003 
Địa điểm: Lot 51966, Persiaran Bestari, Commercial City, 42000 Klang, Selangor Darul Ehsan, Malaysia 

Loại hình dự án: Apartments (3,406) | Car Park – 4 Buildings – 9 & 45 Storey 
Project Value: 500m MYR 
Project Stage: Design & Documentaton 
Project Status: Documentation in Progress 

Developer/Property Manager: Khoo Soon Lee Realty Sdn Bhd,  
Architect/Designer: T & T Architect Sdn Bhd, LandArc Associates Sdn Bhd 

Construction Start: Q1 2025 
Construction End: Q1 2028 

*All values as of 26 January 2024 
*Image source: KSL Website 

11. EMINENCE AT SIGNAL HILL 

Eminence at Signal Hill is a luxury residential development situated on the scenic Signal Hill in Kota Kinabalu, Sabah, Malaysia. The project offers high-end condominiums designed to blend modern urban living with views of the surrounding cityscape.  Lifestyle amenities include a rooftop infinity pool, fitness centre and landscaped gardens.  

Currently in the design & documentation stage, the project is on track for completion in 2028, with display units already generating interest. Eminence emphasises exclusivity and sustainability, incorporating eco-friendly materials and energy-efficient designs.  

BCI Central Project ID: 84789003 
Địa điểm: CL 015014570, Off Jalan Tuaran, Signal Hill, 88450 Kota Kinabalu, Sabah, Malaysia 

Loại hình dự án: Apartments | Shops – 2 Buildings – New 
Project Value: 500m MYR 
Project Stage: Ứng dụng thiết kế 
Project Status: Tài liệu thiết kế 

Developer/Property Manager: Axventure Sdn Bhd, Mara Incorporated Sdn Bhd 
Architect/Designer: MOA Architects Sdn Bhd, AT9 Design Studio Sdn Bhd 

Construction Start: Q2 2025 
Construction End: Q4 2028 

*All values as of 02 May 2024 
*Image source: SkyscraperCity 

10. MAPLETREE LOGISTIC TRUST: LOGISTICS FACILITY AT SUBANG JAYA (REDEVELOPMENT) 

Mapletree Logistics Trust: Logistics Facility at Subang Jaya (Redevelopment) is a state-of-the-art logistics hub redevelopment project located in Subang Jaya, Selangor, Malaysia. This facility is part of Mapletree Logistics Trust’s strategy to modernize and optimize its portfolio to meet the increasing demand for efficient supply chain solutions in the region. The redeveloped facility will feature advanced warehousing technologies, energy-efficient systems, and enhanced space utilization, catering to tenants in e-commerce, retail, and manufacturing sectors. 

The project is currently under redevelopment, with works progressing as scheduled and completion expected in the next few years. Designed to support high-volume operations and ensure seamless connectivity to major transportation networks, the facility will play a key role in strengthening Subang Jaya’s position as a logistics hub. Once operational, it will provide cutting-edge infrastructure for logistics providers and contribute to the growth of Malaysia’s industrial sector. 

BCI Central Project ID: 101514003 
Địa điểm: Lot 10245 & 10246 (Next to MLT Subang 3 & Subang 4), 47500 Subang Jaya, Selangor Darul Ehsan, Malaysia 

Loại hình dự án: Warehouse | Office – Redevelopment 
Project Value: 500m MYR 
Project Stage: Kế hoạch tổng quan 
Project Status: Lập kế hoạch sớm 

Developer/Property Manager: Mapletree Malaysia Management Sdn Bhd 
Architect/Designer: Akitek Akiprima Sdn Bhd 

Construction Start: Q1 2026 
Construction End: Q4 2028 

*All values as of 13 January 2024 
*Image source: Mapletree Logistic Trust 

9. BANGSAR HILL PARK: TOWER F, G & H (REDEVELOPMENT) 

Bangsar Hill Park: Tower F, G & H (Redevelopment) is an exclusive residential project located in the upscale area of Bangsar, Kuala Lumpur, Malaysia. This redevelopment is part of a broader effort to rejuvenate the iconic Bangsar Hill Park, introducing modern high-rise towers with luxurious apartments that offer breathtaking city views. Towers F, G, and H will feature a variety of unit layouts, catering to professionals, families, and investors seeking a prestigious address. Amenities include a rooftop infinity pool, gym, landscaped gardens, and children’s play areas. 

The redevelopment of these towers is currently underway, with a projected completion timeline within the next few years. The project emphasises contemporary architecture, sustainability, and integration with the surrounding greenery. Once completed, Bangsar Hill Park will redefine luxury urban living in Kuala Lumpur and solidify its reputation as one of the city’s most sought-after residential addresses. 

BCI Central Project ID: 114278003 
Địa điểm: Lot 365, Lorong Maarof, Section 96, 59000, Kuala Lumpur, Malaysia 

Loại hình dự án: Warehouse | Office – Redevelopment 
Project Value: 550m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Documentation in Progress 

Developer/Property Manager: Bangsar Hill Park Development Sdn Bhd, Jabatan Perdana Menteri 
Architect/Designer: CHY Architects Sdn Bhd, Inchscape Sdn Bhd 

Construction Start: Q4 2025 
Construction End: Q4 2028 

*All values as of 16 January 2024 
*Image source: MET Property 

8. CIRCADIA BELFIELD 

Circadia Belfield is a luxury residential development located in the vibrant Belfield district of Kuala Lumpur, Malaysia. The project offers modern high-rise apartments designed to cater to urban professionals and families seeking a sophisticated lifestyle in the heart of the city. Circadia Belfield features a range of unit sizes, from compact studio apartments to spacious family layouts, all equipped with high-quality finishes and smart home features. The development includes premium amenities such as an infinity pool, sky garden, gymnasium, and co-working spaces, ensuring a well-rounded living experience. 

BCI Central Project ID: 112346003 
Địa điểm: Lot 20034, Seksyen 69, Jalan Belfield, 50460, Kuala Lumpur, Malaysia 

Loại hình dự án: Apartments (1,237) | Villas (50) | Shops – 4 Buildings – New – 35 Storey 
Project Value: 550m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Plans in Progress 

Developer/Property Manager: Eupe Belfield Sdn Bhd,  
Architect/Designer: NWKA Architects Sdn Bhd, Ministry of Design Singapore, COEN Design International Pte Ltd 

Construction Start: Q1 2026 
Construction End: Q1 2029 

*All values as of 21 November 2024 

7. SUNWAY COCHRANE 

Sunway Cochrane is a vibrant mixed-use development located in the bustling Cochrane area of Kuala Lumpur, Malaysia. This project is designed to offer an integrated lifestyle experience, featuring serviced residences, retail outlets, and green communal spaces. Positioned close to the Cochrane MRT station and major shopping destinations like MyTOWN Shopping Centre and IKEA Cheras, Sunway Cochrane provides unmatched urban convenience. The residential units boast modern designs, high-quality finishes, and access to amenities such as swimming pools, a gym, and landscaped gardens, catering to families and professionals. 

Currently in progress, Sunway Cochrane is steadily moving towards completion, with its phased development expected to be fully realised within the next few years. The project prioritises connectivity, sustainability and lifestyle convenience, making it an attractive choice for urban dwellers and investors. Its strategic location in a rapidly developing area ensures strong demand and long-term value growth. 

BCI Central Project ID: 100585003 
Địa điểm: Lot PT 484, Jalan Cochrane, Seksyen 90, Cheras, 55100, Kuala Lumpur, Malaysia 

Loại hình dự án: Apartments (1,600) – 2 Buildings – New – 58 Storey 
Project Value: 550m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Documentation in Progress 

Developer/Property Manager: Sunway Rahman Putra Sdn Bhd 
Architect/Designer: Akitek Akiprima Sdn Bhd, Seksan Design Sdn Bhd 

Construction Start: Q3 2025 
Construction End: Q322028 

*All values as of 28 October 2024 
*Image source: Mudah MY 

6. KHARISMA @ SETIAWANGSA 

Kharisma @ Setiawangsa is an exclusive residential development located in Setiawangsa, Kuala Lumpur, Malaysia. This high-rise condominium project is designed for urban families and professionals seeking a balance between city living and a tranquil environment. Featuring spacious layouts, modern interiors, and premium facilities, Kharisma offers residents access to amenities such as a swimming pool, gymnasium, multipurpose hall, and landscaped gardens. Its strategic location provides easy connectivity to key areas in Kuala Lumpur via major highways and public transport networks. 

BCI Central Project ID: 49108003 
Địa điểm: Lot 27011, Jalan Setiawangsa, Mukim Setapak (Next to Villa Bukit Wangsamas), 54200, Kuala Lumpur, Malaysia 

Loại hình dự án: SOHO (1,533) | Office Suites (51) | Shops – 2 Buildings – New – 57 Storey 
Project Value: 600m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Phê duyệt thiết kế 

Developer/Property Manager: Kharisma Wira Sdn Bhd 
Architect/Designer: Arkitek ICB Sdn Bhd, Wholistic Landscape Architecture Sdn Bhd 

Construction Start: Q2 2025 
Construction End: Q2 2028 

*All values as of 08 March 2024 

5. JAZZ PARK KULIM: PHASE 4 – 8 

Jazz Park Kulim: Phase 4 – 8 is a large-scale residential development located in Kulim, Kedah, Malaysia. This project offers modern landed homes designed for families and individuals seeking affordable yet high-quality housing in a well-planned township. Phases 4 to 8 focus on delivering a variety of home types, including terrace houses, semi-detached units, and bungalows, complemented by community-centric amenities such as parks, playgrounds, and recreational facilities. Jazz Park Kulim is situated near schools, healthcare centers, and commercial areas. 

Currently, construction is progressing across these phases, with some units nearing completion and others in earlier stages of development. The project emphasizes sustainable and practical designs, ensuring comfortable living spaces while maintaining affordability. Once fully realized, Jazz Park Kulim will contribute significantly to the housing landscape in Kulim. 

BCI Central Project ID: 106066003 
Địa điểm: Lot 13026, a part of Lot 71421, 71422 & 71423, 09000 Kulim, Kedah Darul Aman, Malaysia 

Loại hình dự án: Shopping Centre | Serviced Apartments | Villas | Houses | Offices – New – 4 Storey 
Project Value: 600m MYR 
Project Stage: Tài liệu thiết kế 
Project Status: Phê duyệt thiết kế 

Developer/Property Manager: Primus LKS Development Sdn Bhd 
Architect/Designer: Arkitek WH Oon, RNR Planning Sdn Bhd 
Main Contractor:  Eng Lee Development Sdn Bhd 

Construction Start: Q1 2025 
Construction End: Q4 2030 

*All values as of 16 February 2024 

4. SARAWAK CANCER CENTRE 

Sarawak Cancer Centre is a state-of-the-art healthcare facility currently under development in Kuching, Sarawak, Malaysia. Designed to provide comprehensive cancer treatment and care, the center will feature advanced medical equipment, dedicated oncology wards, and specialised treatment units for radiation therapy, chemotherapy, and surgery. The project aims to enhance cancer care services in Sarawak, reducing the need for patients to travel long distances for treatment and supporting Malaysia’s broader healthcare objectives. 

Construction of the Sarawak Cancer Centre is actively progressing, with completion targeted in the next few years. The facility emphasizes patient-centric design, incorporating modern architecture and a healing environment with landscaped gardens and natural light. Once operational, it will serve as a vital healthcare hub for Sarawak and neighboring regions, improving access to quality cancer care for local communities. 

BCI Central Project ID: 115536003 
Địa điểm: Sarawak Cancer Centre, 94300 Kota Samarahan , Sarawak, Malaysia 

Loại hình dự án: Cancer Centre – New 
Project Value: 1000m MYR 
Project Stage: Kế hoạch tổng quan 
Project Status: Lập kế hoạch sớm 

Developer/Property Manager: Kementerian Kesihatan Malaysia,  

Construction Start: Q4 2025 
Construction End: Q4 2028 

*All values as of 01 October 2024 

3. VELODROME CHERAS 

Velodrome Cheras is a modern sports and recreational facility located in Cheras, Kuala Lumpur, Malaysia. This development centres around a high-standard indoor velodrome designed to host cycling events and training sessions, catering to both professional athletes and the general public. In addition to the cycling track, the facility includes multipurpose halls, fitness centers, and community spaces, making it a hub for sports and wellness activities in the area. Its strategic location ensures easy access for Kuala Lumpur residents and contributes to the city’s push toward promoting active lifestyles. 

Currently in the concept stages, Velodrome Cheras is set to become a premier venue for national and regional cycling competitions. The project incorporates sustainable and inclusive design elements to enhance usability and environmental efficiency. Once completed, the revamped facility will serve as a significant addition to Malaysia’s sports infrastructure, fostering the growth of cycling and other sports in the region. 

BCI Central Project ID: 106512003 
Địa điểm: Lot 52901 (PA 1120772), Jalan Yaacob Latif, Bandar Tun Razak, Cheras , 56000 , Kuala Lumpur , Malaysia 

Loại hình dự án: SERVICED APARTMENTS | SOHO | HOTEL | OFFICE | SHOPS – new 
Project Value: 3,000m MYR 
Project Stage: Kế hoạch tổng quan 
Project Status: Lập kế hoạch sớm 

Developer/Property Manager: Jakel Properties Sdn Bhd 
Architect/Designer: YZD Planning & Consult, RSP Architects Sdn Bhd, RSP Landscape Sdn Bhd 

Construction Start: Q4 2025 
Construction End: Q4 2028 

*All values as of 28 June 2024 

2. MALVEST DEVELOPMENT: MIXED DEVELOPMENT AT TANJUNG MALIM 

Malvest Development: Mixed Development at Tanjung Malim is an ambitious project located in Tanjung Malim, Perak, Malaysia. This mixed-use development is set to transform the area with a combination of residential, commercial, and retail spaces, designed to provide a vibrant, integrated community. The development will include affordable housing units, office spaces, and retail outlets, offering convenience and connectivity for residents and businesses. The project is strategically positioned to cater to the growing population in Tanjung Malim, enhancing the town’s infrastructure and economic landscape. 

Malvest Development focuses on creating a sustainable and well-planned environment, with green spaces and modern amenities integrated into the design. Once completed, the development will serve as a key catalyst for the town’s urbanization, attracting both investors 

BCI Central Project ID: 115205003 
Địa điểm: Lot 11620 – Lot 11640 & Sebahagian Tanah Kerajaan, Mukim Hulu Bernam Timor , 35900 Tanjung Malim , Perak Darul Ridzuan , Malaysia 

Loại hình dự án: APARTMENTS (298) | HOUSES (51) | SHOPS (42) | SHOPS / OFFICES (6) – new – 1.5 – 13 storey 
Project Value: 3,000m MYR 
Project Stage: Desin & Documentation 
Project Status: Ứng dụng thiết kế 

Developer/Property Manager: Malvest Development Sdn Bhd,  
Architect/Designer: ADS Architects Sdn Bhd 

Construction Start: Q3 2025 
Construction End: Q3 2028 

*All values as of 28 June 2024 
*Image source: Malvest Group 

1. PENANG LRT MUTIARA LINE: SEGMENT 2 (GEORGETOWN – PENANG SENTRAL) 

Penang LRT Mutiara Line: Segment 2 (Georgetown – Penang Sentral) is a crucial part of the Penang Light Rail Transit (LRT) project, aimed at improving public transportation connectivity in Penang, Malaysia. This segment spans from Georgetown to Penang Sentral, enhancing the accessibility between the island’s key commercial and residential districts. The line will include several stations, offering transfers to other public transport systems, such as buses and ferries, and reducing traffic congestion in the city. The LRT is designed to promote sustainable urban development and make commuting more efficient for residents and visitors.  

Once operational, the Mutiara Line will significantly improve connectivity across Penang Island, support economic growth, and contribute to the state’s long-term transportation goals. The project is a key component of Penang’s broader efforts to modernise its infrastructure and promote public transport use. 

BCI Central Project ID: 88891003 
Địa điểm: Georgetown – Penang Sentral, Georgetown – Butterworth, Penang, Malaysia 

Loại hình dự án: Light Railway Transit (LRT) – New 
Project Value: 5,000m MYR 
Project Stage: Kế hoạch tổng quan 
Project Status: Design Tender / Competition 

Developer/Property Manager: Mass Rapid Transit (MRT) Corporation Sdn Bhd, Penang Infrastructure Corporation Sdn Bhd, Pejabat Setiausaha Kerajaan Negeri Pulau Pinang, SRS Consortium Sdn Bhd 
Architect/Designer: TY Lin International Sdn Bhd, Tony Gee & Partners Sdn Bhd, AJC Planning Consultants Sdn Bhd 
Main Contractor:  SRS Consortium Sdn Bhd 

Construction Start: Q1 2026 
Construction End: Q1 2030 

*All values as of 17 May 2024 
*Image source: SkyscraperCity 

These projects collectively represent a wide array of industries and sectors, from affordable housing and commercial centers to high-tech data centers and luxury residences. Malaysia’s construction industry in 2024 is not only reshaping its physical landscape but also laying the groundwork for continued economic growth and global competitiveness. 

Sign up with LeadManager today and get the latest updates on these projects.