MTD PROPERTIES UNVEILS THREE MAJOR PROJECTS IN KAJANG AND MELAKA

KUALA LUMPUR, April 24 (Bernama) -- MTD Properties Sdn Bhd has unveiled three major developments, including two residential projects and an industrial park in Melaka and Kajang, aimed at catering to growing market demand.

MTD group chief operating officer Dr Nik Fauzan Nik Faizul said the residential projects are the MTD Sutera Vista Residence in Taman Sutera, Kajang, and the Taman Tasik Utama Phase 24 in Ayer Keroh, Melaka.

The industrial park development will be MTD Nexus 28 in Taman Tasik Utama, Melaka.

“Sutera Vista Residence will feature 378 modern apartment units, with 74 units allocated for the Rumah Selangorku affordable scheme. Prices will range from RM229,500 to RM500,000. 

“Meanwhile, MTD Nexus 28 Industrial Park will offer 86 smart-enabled factory units and Taman Tasik Utama Phase 24 comprising 197 terrace homes designed for growing communities,” he told the media at the MTD Properties Showcase today. 

Beyond these developments, Nik Fauzan also revealed plans for future integrated townships in Sungai Kantan and Seremban, as well as the 283.36 hectares (ha) Parcel B expansion in Ayer Keroh, set to support the rise of an integrated city in Melaka. 

He said these developments come on the back of strong sales in 2024. 

Nik Fauzan also noted that the company is in ongoing negotiations for 89.03 ha of land in Klang Valley, with finalisation expected by this year. 

MTD Properties chief executive officer (CEO) Reime Rizal Abdul Aziz emphasised the company’s new mandate to accelerate project launches annually, moving away from a previously conservative approach of sequential developments.

“Our focus now is on launching multiple projects each year. This approach creates more touchpoints with the community and strengthens stakeholder engagement,” he said. 

While the company did not disclose its specific sales target for 2025, Reime Rizal said MTD Properties projected an increase of 20 per cent in sales compared to last year. 

Commenting on the current property market, the CEO said Malaysia is showing signs of gradual recovery, supported by a stable economic outlook, government incentives for homebuyers, and growing interest among younger generations in investing in property. 

“Demand remains particularly strong for developments that offer strategic locations, good connectivity and lifestyle-oriented amenities. 

“Buyers today are more discerning, prioritising quality, value and long-term livability, especially in integrated developments or those with sustainable features,” he added.

-- BERNAMA