Damansara Realty Berhad

Damansara Realty Berhad

The Group involvement in property development is via:
a) Damansara Realty (Pahang) Sdn Bhd
- the developer of Bandar Damansara Kuantan ("BDK");
b) Damansara Realty (Johor) Sdn Bhd
- the developer of Taman Damansara Aliff ("TDA");
c) Damansara Realty (Terengganu) Sdn Bhd
- the developer of Alam Serada.

The Group activities being focused on the development and sale of 71 units of terrace homes under Phase 1, Aliff Puteri. These Aliff Puteri homes have performed commendably with 59 of the 71 units available units sold.The year 2007 also witnessed an increased level of confidence in the development with its earlier Phase 1A and 1B registering a 100% sales status and its commercial hub.

The property market in Kuantan is generally softer during the year compared to the preceding year. Nevertheless, BDK has managed to achieve 100% sales for the 2-storey shopoffice units given that the units are the only commercial properties to-date within the 85.4 acres of developed area in BDK.

On 17 May 2007, DBhd signed a Construction Contract with Windsor Trade Sdn Bhd (“WTSB”) for the proposed design, construction and completion of barter trade jetty, passenger ferry, dedicated grain terminal, cold storage, poultry barter farming products storage, CIQS complex, duty free complex, bunkering facilities, hotel and commercial centre in Sandakan, Sabah (known as SITExT).

On 29 Jan 2008, Prime Minister launched Sabah Devt Corridor and SITExT has been recognized as an integral component of SDC; placing Sandakan as the BIMP-EAGA regional trade hub


 

About Us

Damansara Realty Berhad (DBhd) is a Malaysia-based company, incorporated over 45 years ago.  DBhd is a company listed on Bursa Malaysia, one of the largest bourses in Asia, with an authorized capital of RM1 billion and an issued and paid-up capital approximately of RM125 million.

Johor Corporation (JCorp) and its related companies is the largest shareholder, holding an aggregate of 55.1% equity stake in DBhd. DBhd is also the property services arm of JCorp Group.

 

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