According to GlobalData, the value of Malaysia construction market is forecast to grow by 3.5% in real terms in 2024, having grown by 5.0% in 2023. A key growth market will be the infrastructure market, with output rising by 3.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five multi-family housing construction projects that commenced in Malaysia in Q3 2024, according to GlobalData’s construction projects database.
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1. Residensi Renaisans Bukit Jalil
The project involves the construction of two, 52-story residential towers comprising 1,260 units on 2.2ha of land in Bukit Jalil, Kuala Lumpur.
Construction work started in Q3 2024 and is expected to be completed in Q2 2027.
2. Taman Desa Residential Complex
The project involves the construction of a residential complex in Taman Desa, Kuala Lumpur.
Construction work commenced in Q3 2024 and is expected to finish in Q2 2027.
3. The Fame Residential Complex
The project involves the construction of two residential towers comprising 318 serviced apartments at Machang Bubok in Penang.
Construction work started in Q3 2024 and is forecast to complete in Q4 2027.
The project aims to provide better residential facilities in the region. Buy the profile here.
4. Ceria D’ Eco Horizon Residential Complex
The project involves the construction of a two, 31-story residential complex in Batu Kawan, Penang.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2027.
5. Mlima Kiara Residential Tower
The project involves the construction of a 38-story residential tower in Mont Kiara, Kuala Lumpur.
Construction work started in Q3 2024 and is expected to be completed in Q2 2028.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
