PPB Group Berhad (PPB) owns and manages 4 retail/commercial properties namely:
- Cheras LeisureMall, Taman Segar, Kuala Lumpur
A well-located suburban shopping complex with about 260,960 sf of lettable area which currently enjoys full occupancy.
- Cheras Plaza, Taman Segar, Kuala Lumpur
Has about 101,188 sf of lettable area with a mix of office, commercial and entertainment tenants.
- New World Park, Lorong Swatow, Georgetown, Penang
A retail complex in Penang with many F&B outlets. It has about 65,946 sf of lettable area.
- The Whiteaways Arcade, Beach Street, Penang
A heritage building located at Beach Street which was restored in 2011. The building currently houses retail and F&B outlets; it is also a venue for art and cultural exhibitions and mini concerts. It has about 30,168 sf of lettable area.
PPB's wholly-owned subsidiary, PPB Hartabina Sdn Bhd (PPBH) is engaged in property development.
MASERA Bukit Segar is a residential community housing development which comprises a total of 38 units of up-market bungalows in Taman Segar, Cheras developed by PPBH. Phase I comprising 25 units was completed on schedule in 2007 and fully sold. Phase II of 13 units of high-end bungalows has also been completed of which 12 units have been sold.
PPBH is currently developing 14 units of bungalows in Taman Tanah Aman. Taman Tanah Aman is a housing project on 29 acres of freehold land in Bukit Tengah, Seberang Prai. This project is being developed in five phases, which comprise a clubhouse, 48 units of 2½-storey bungalows, 24 units of 2-storey semi-detached houses and 12 units of 2-storey shoplots.
Seletar Sdn Bhd, a 100%-owned subsidiary of PPBH, is undertaking a mixed residential development known as Taman Sinar Mentari in Bedong, Kedah. Seletar's large land bank of 344 acres is expected to provide long-term development potential to PPB Group.
PPB Property Development Sdn Bhd (PPD) acts as project manager for property development projects under various PPB Group companies and affiliates.
One of their major clients is Southern Marina Development Sdn Bhd (SMD). SMD is a joint venture between Kuok Brothers Sdn Bhd, PPB and Khazanah Nasional Berhad to develop a 12.5-acre piece of freehold land in Puteri Harbour, Nusajaya, Johor into a mixed development, consisting of 2 deluxe apartment towers, 1 block of premium condominiums, 1 block of serviced apartments, 1 block of serviced offices and a retail complex. The entire development has a gross development value (GDV) of RM1.5 billion, and is expected to be completed by 2019.
PPD's other major projects include Shaw Parade in Pudu, Kuala Lumpur and Ponderosa Woods in Taman Molek, Johor Bahru.
For enquiries, contact:
PPB Group Berhad (Property Division)7th Floor, Cheras Plaza,
11, Jalan Manis 1,
Taman Segar, Cheras,
56100 Kuala Lumpur.