The Group continue to focus on the strong demand for affordable housing, with emphasis on Transit-Oriented Development (TOD) in prime locations together with appropriate product mix. For FY2024, the Property Development and Construction Division recorded a revenue of RM580.0 million and PBT of RM40.8 million. In response to the strong interest in TOD, MKH has been actively engaged in the development of TOD projects strategically situated along the Klang Valley transit system. Some of our noteworthy service apartment projects in this category include Nexus @ Taman Pertama in Cheras, Residensi Naluri in Mahkota Cheras, MKH Boulevard II in Kajang, Nexus @ Kajang Station, MIRAI Residences @ Kajang 2 Precinct 1, Gaya Residency in Kajang and TR2 Residence @ Jalan Tun Razak in Kuala Lumpur. MKH Boulevard II, a transit-oriented development (TOD) located right next to the Kajang Line MRT Sustaining Lives, Empowering Communities Governance That Inspires Confidence Financial Insights Through Numbers Empowering Ownership PG. 29
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