Since 2014, the company has achieved notable milestones in the real estate sector by successfully delivering more than 2,000 units of affordable residential developments within the state. MHB’s substantial land bank is strategically allocated across three core segments: Property Development (1,041 acres), Agriculture Development (1,340 acres), and Industrial Development (533 acres). This allocation reflects our unwavering commitment to diversify and harness the full potential of these valuable land assets to foster sustainable growth and development.
As of September 30, 2020, Majuperak has set ambitious plans in motion to construct approximately 2,895 additional affordable homes over the next few years, culminating in 2026. This significant endeavour represents a Gross Development Value (GDV) of RM548.89 million. Leveraging over four decades of collaborative expertise in housing development projects, our subsidiary companies are well-prepared and resolutely committed to executing major infrastructure initiatives. These encompass a wide range of activities, including construction, roadwork, bridgework, sewerage network installations, and the development of treatment plants.
Significantly, MHB’s business is also diversified through various land-oriented ventures. This includes Land Rental to optimize land utilization prior to commencing development, Land Royalty from mineral resources, and Joint Ventures for mineral extraction endeavours. The planning of development projects involves close coordination with key state entities, such as the Land & Mines Office and District & Land Office. PDI also assumes a pivotal role in identifying potential government-owned lands for future development, thereby contributing to the expansion of the company's land bank.