Klanggroup Delivers RM1.74 Bln Property Developments

KUALA LUMPUR, Oct 1 (Bernama) -- Klanggroup Development Sdn Bhd has delivered vacant possession of two developments in Selangor with a combined gross development value (GDV) of RM1.74 billion in September 2026.

The milestone includes two fully sold Excellent Technology Park (ETP) projects, ETP @ KIIP Kapar (Phase 1) and ETP @ KIIP Jenjarom. 

Its executive director Danny Ong said both industrial projects were fully sold, and more than half of the units were already operating soon after handover. 

"That tells us businesses are buying these factories to use them, and that is what we design for: practical, well-specified space in locations that work for our buyers’ operations," he said in a statement. 

Ong said that reaching vacant possession is an important measure of execution, but the group’s work does not stop at handover.

“As businesses expand and supply chains develop, they need industrial spaces that can support their operations over the long term. 

"We intend to keep developing well-located factories that meet those practical needs and contribute to the growth of Selangor’s industrial areas,” Ong said.

ETP @ KIIP Kapar is a 42.42-hectare (104.84 acre) freehold development with a GDV of RM1 billion.

Phase 1 comprises 170 semi-detached and cluster semi-detached factory units, and is accessible via the West Coast Expressway.

Meanwhile, ETP @ KIIP Jenjarom with a GDV of RM733 million, spans across 51.79 hectare (128 acres) of freehold land and comprises 162 semi-detached and cluster semi-detached factory units, together with 28 industrial land lots, with access to both the West Coast Expressway and the South Klang Valley Expressway.

Both developments provide features designed for a range of industrial operations, including 400-amp power supply, floor loading capacity of three tonnes per square metre, 40-foot eave height and concrete driveways. 

Businesses represented at the projects span sectors such as logistics, e-commerce, automotive products, furniture and building materials.

The handovers come as Malaysia’s New Industrial Master Plan 2030 places emphasis on strengthening industrial clusters for regional development. 

As at September 2026, 82 units at ETP @ KIIP Kapar (Phase 1) were recorded as occupied, while ETP @ KIIP Jenjarom recorded 113 occupied factory units and 28 handed-over industrial land lots.

-- BERNAMA