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Money and Investment

OSK Property Expands into Rawang with RM1.26 Billion GDV Development

OSK Property Holdings acquired land in Rawang for RM58 million to develop residential and commercial projects targeting affordable housing needs.

KUALA LUMPUR, Sept 2 — OSK Property Holdings Berhad has entered the Rawang market with a RM58 million acquisition of three land parcels spanning 14.477 acres in Bandar Country Homes. The development, with an estimated gross development value (GDV) of RM1.26 billion, will feature residential and commercial projects aimed at meeting growing demand for affordable and lifestyle-driven homes in the northern Klang Valley. Deputy Group Managing Director Ong Ju Xing said the move aligns with the Group’s strategy to expand in mature markets with strong growth potential. The project benefits from excellent connectivity, nearby amenities, and natural landscapes.

OSK Property

OSK Property’s Deputy Group MD Ong Ju Xing said the Rawang acquisition marks its first entry into northern Klang Valley, leveraging the matured Bandar Country Homes township to unlock new opportunities, expand its portfolio, and deliver sustainable, community-focused developments.

Business News


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