Kajang: MTD Properties Sdn Bhd has announced RM1 billion gross development value (GDV) investment for next-generation (next-gen) townships in Kajang, Selangor and Malacca, designed with a strong focus on sustainability, innovation, and quality. MTD group chief operating officer Dr Nik Fauzan Nik Faizul said the RM1 billion commitment reflects the company’s confidence in Malaysia’s growth corridors and the changing needs of today’s homebuyers.
According to BERNAMA News Agency, the RM1 billion GDV commitment primarily comprises MTD Sutera Vista Residency and MTD Sungai Kantan in Kajang, as well as MTD Nexus 28 Industrial Park in Ayer Keroh, Malacca. MTD Sutera Vista Residence is a modern serviced apartment located in Taman Sutera, Kajang, featuring 378 units. Strategically positioned near the SILK and LEKAS highways, it offers urban convenience and excellent connectivity for residents seeking a vibrant lifestyle.
Meanwhile, MTD Nexus 28 Industrial Park is a forward-looking industrial hub in Malacca, comprising 87 factory units equipped with integrated smart systems and solar photovoltaic installations. Designed to support sustainable economic growth, it is an ideal investment for modern industrial ventures. In addition, Dr Nik Fauzan shared that this year, the company also launched MTD Elysia Heights, a well-planned development comprising 197 terrace homes in Taman Tasik Utama, Ayer Keroh, with a focus on contemporary design and long-term value.
MTD Properties chief executive officer (CEO) Reime Rizal Abdul Aziz stated that the company recorded over five per cent growth in residential demand last year. He noted the strong response to their launches, with most achieving more than 50 per cent take-up. This reflects a solid demand in the property and residential development sector, which he anticipates will continue to grow in the coming year.
Dr Nik Fauzan highlighted the company’s success with previous projects, including MTD Sutera Niaga 8 and MTD Cinerea Heights, which saw significant take-up rates. He emphasized the rising demand and growth in the property market, with transaction values surging by 18.0 per cent to RM232.30 billion in 2024. With increasing market demand, MTD Properties is eager to enhance the value of its investment arm.
MTD Properties participated in Karnival Jom Heboh from May 30 to June 1, 2025, to strengthen its local presence and uphold its philosophy of building not only structures but also meaningful and lasting relationships.