DRB-HICOM’s property portfolio is more skewed towards industrial property, something it has more than 30 years’ experience in. Still, it has small pockets of housing development projects in Johor Bharu, Johor and Tanjung Malim, Perak. It also has concessions with the Government where it develops and manages facilities for the Government.
Proton City Development Corporation
Glenmarie Properties Sdn Bhd
Automotive Hi-Tech Valley
Media City Ventures Sdn Bhd
Bukit Kayu Hitam Immigration, Customs, Quarantine, and Security Complex
Proton City Development Corporation Sdn. Bhd.
Proton City Development Corporation Sdn. Bhd. (PCDC) is the developer of 4,000-acre township located in Tanjong Malim, Perak. The development comprises residential, commercial, institutional, and industrial parcels surrounded by lakes. PROTON’s a-state of-the-art plant and Universiti Pendidikan Sultan Idris, which has the distinction of being one of the oldest functioning institutions of higher learning in the country, are also located within the township. With PROTON moving its entire operations to Tanjong Malim by 2027, the area will see a boost of activities with more housing and retail properties being offered.
Automotive High-Technology Valley
Automotive High-Technology Valley (AHTV), located in Tanjung Malim, Perak, was launched by the Prime Minister in April 2022 and aims to change the automotive industry landscape with an integrated ecosystem that will be a catalyst to revitalise the domestic automotive sector. The development aims to attract local and foreign automotive technology players to start operations in AHTV. Besides enhancing the country’s automotive industry, AHTV can generate up to 370,000 jobs during construction, while 160,000 jobs will exist when it is fully operational. A research university is also included in the development plans for AHTV to produce a new generation of engineers for the fast-evolving automotive industry.
Glenmarie Properties Sdn Bhd
Glenmarie Properties Sdn. Bhd. (GPSB), the Group’s property development arm and is actively developing properties in Johor, Melaka and Kedah.
| Area | Development/Type | Total Size – Acres |
| Johor Bahru, Johor | Glenmarie Johor/Residential | 70 |
| Tebrau, Johor | HICOM Johor Industrial Park | 1243 |
| Pulau Sebang, Melaka | HICOM Glen Industrial Park | 288 |
| Alor Gajah, Melaka | HICOM Pegoh Park | 729 |
| Bukit Kayu Hitam, Kedah | HICOM Vertex Industrial Park | 200 |
The Group has more than 30 years’ experience in developing industrial parks, and aims to leverage on this advantage across its industrial landbank.
Media City Ventures Sdn. Bhd.
Media City Ventures Sdn. Bhd. (MCVSB) is the parent company of Media City Development Sdn Bhd (MCDSB), which holds a 23-year concession from the government to build, operate and maintain Media City for the Ministry of Communications and Multimedia Malaysia. Modelled on MediaCityUK, the revamped Angkasapuri is envisaged as a modern destination for technology, innovation, and creativity revolving around the nation’s primary broadcasting complex, equipped with the latest technology and infrastructure.
Northern Gateway Infrastructure Sdn. Bhd.
Northern Gateway Infrastructure Sdn. Bhd. (NGISB) holds a 28-year concession from the government beginning June 2014 to develop and maintain the new Immigration, Customs, Quarantine and Security (ICQS) Complex in Bukit Kayu Hitam, Kedah. Following its completion in June 2019, the Bukit Kayu Hitam ICQS has been facilitating smoother border crossing to and from Thailand, given its enhanced capacity and security features. More than three million travellers who cross the border every year enjoy the benefits of the Integrated Facility Maintenance service provided by NGISB.
