KUALA LUMPUR (March 18): Crest Builder Holdings Bhd has secured two new construction projects worth a combined RM513 million, pushing its outstanding order book to a historic high of approximately RM2 billion. The latest contract wins highlight continued development activity across key urban growth zones in the Klang Valley.

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Major Serviced Apartment Project at East One SJCC in Subang Jaya

The first contract, valued at RM246.4 million, was awarded by a subsidiary of Sime Darby Property Bhd for the East One SJCC development located in Subang Jaya.

The project involves the construction of 926 serviced apartment units and is expected to be completed within 30 months from site possession. This development forms part of ongoing urban intensification efforts within Subang Jaya — an established township that continues to attract residential and commercial investments due to its mature infrastructure and accessibility.

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High-Rise Condominium Development at Miranda Hill in Mont’Kiara

Crest Builder also secured a RM266.5 million contract from Freedom Estates Sdn Bhd, a subsidiary of BRDB Developments, for the Miranda Hill project in Mont’Kiara.

The scope of works includes the construction of two residential towers rising 38 and 36 storeys respectively, comprising 552 condominium units along with parking facilities and lifestyle amenities. The development is targeted for completion within 19 months.

Both contracts were awarded to Crest Builder’s wholly owned construction arm, Crest Builder Sdn Bhd, reinforcing the group’s execution pipeline for the coming financial periods.

Group managing director Eric Yong noted that the new projects provide an early boost to the company’s order book replenishment strategy for 2026 while allowing management to focus on project delivery efficiency and resource optimisation.

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Property Market Perspective: Spillover Effects for Industrial and Office Segments 📈🏢

The continued rollout of high-density residential and mixed-use developments across strategic locations such as Subang Jaya and Mont’Kiara reflects sustained urban growth within Greater Kuala Lumpur. This expansion often generates secondary demand across other real estate segments.

For instance, infrastructure improvements and population growth trends are supporting enquiries for industrial property in the Subang area, particularly among logistics and service-based businesses seeking proximity to established residential catchments. Likewise, rising commercial activity continues to drive investor interest in commercial property in KL, especially within well-connected townships.

Beyond central locations, developers and occupiers are actively exploring opportunities involving industrial land in Selangor, where emerging industrial corridors offer scalability for manufacturing and warehousing operations. Areas such as Puchong are also witnessing increased requirements for factory space in Puchong, supported by highway connectivity and expanding industrial ecosystems.

On the corporate front, decentralisation strategies and integrated township planning are contributing to steady demand for office space in Bukit Jalil, where modern business environments are complemented by lifestyle amenities and transport accessibility. 🚀

Overall, Crest Builder’s latest contract wins highlight ongoing construction momentum in the Klang Valley — reinforcing broader property market dynamics that continue to create opportunities across Malaysia’s industrial and office real estate landscape.