RM1 Billion Gross Development Value Fuels MTD Properties’ Expansion Plan

RM1 Billion Gross Development Value Fuels MTD Properties Expansion Plan

One Crown Place - MTD Properties' landmark regeneration project in the heart of London, UK

     MTD Properties, an established Malaysian developer with over three decades of industry experience internationally and locally, has boldly expanded its domestic footprint by acquiring a prime land parcel in Selangor and Melaka. This move signals the company’s confidence in the state’s long-term economic trajectory and real estate momentum while marking a new phase in its strategy to unlock value in key growth corridors.

     Following its successful ventures abroad – including landmark developments in London, Australia, and the Philippines – MTD Properties is now intensifying its focus on domestic growth. The company is advancing township developments in key areas such as Bangsar in Kuala Lumpur, Taman Sutera in Kajang, and Taman Tasik Utama in Ayer Keroh.

     In recent years, MTD Properties has strategically expanded its landbank across central and southern regions of Malaysia, particularly in Selangor and Melaka. This push reflects a deliberate pivot towards high-impact, sustainable developments in regions rapidly gaining traction as prime residential, commercial and industrial locations driven by improved infrastructure, relative affordability, and evolving lifestyle trends.

     “This investment aligns closely with the state structure plan, such as Rancangan Struktur Negeri Selangor 2035 (RSNS), which envisions a productive, progressive and smart state, as well as Pelan Strategik Melakaku Maju Jaya 2035 (PSMJ2035) which aspires to build a state that is sustainable, livable, and resilient smart. Our developments are purpose-driven; we design resilient, connected, and future-ready environments,” said Reime Rizal Abdul Aziz, Chief Executive Officer of MTD Group.

     He added that MTD Group has high expectations, which are backed by the unwavering commitment of its incredibly strong team to meeting the delivery targets. The Group is confident in its property arms, MTD Properties, to lead this charge – leveraging its extensive resources and infrastructure foundation, providing a distinctive edge in master planning, from utility efficiency and transport connectivity to long-term sustainability.

 

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MTD Nexus 28 Industrial Park expected to boost economic growth in Ayer Keroh.

Strategic Focus: Selangor & Melaka

     The Selangor property market continues demonstrating resilient performance, supported by sustained demand in well-connected townships. According to Henry Butcher Malaysia, the state saw a 5% increase in residential transaction volumes and a 7% rise in transaction values in 2024—strong indicators of a healthy, maturing market. Projections point to continued single-digit growth in 2025, further reinforcing investor confidence in the state’s long-term prospects.

     Commenting on the property trend, Reime Rizal noted that broader macroeconomic recovery, supportive government homeownership incentives, and a noticeable shift in buyers’ preferences, particularly among younger demographics are what drive the market upswing. “Buyers today are seeking more than just square footage—they want lifestyle access, security, and sustainability,” he said.

     Building on this momentum, MTD Properties is expanding its development footprint in Ayer Keroh with the visionary Parcel B project—an innovative eco-technology township set to redefine sustainable urban living and elevate the standards of future-ready communities. This development comes amid a notable 20.4% year-on-year surge in residential transaction volumes in Melaka in 2024, reported by the Valuation and Property Services Department (JPPH), positioning the state as one of the top performers nationwide. MTD Properties remains committed to delivering thoughtfully planned, value-driven communities that meet the evolving needs of modern living.

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MTD Properties staff providing an overview of a Kajang-based project to visiting guests.

Amplifying commitment to local growth

     While focused on local expansion, MTD Properties is no stranger to global markets. The company has executed projects in London, United Kingdom; Melbourne, Victoria and Queensland, Australia. These developments reflect the company’s ability to meet international standards in planning, design and execution.

     With a renewed focus on its domestic pipeline, MTD Properties is channelling this expertise back to Malaysia, integrating global best practices in sustainability, smart city planning, and community building.

     With over 35 years in the industry and headquarters in TTDI, Kuala Lumpur, MTD Properties has established itself as a trusted developer of integrated townships and premium residential enclaves. The upcoming developments reflect the company’s long-term strategy to redefine urban living— through innovative, human-centric, and environmentally conscious design.

– The Edge Malaysia | May 26, 2025 | City & Country | page CC17