kuala lumpur: Berjaya Land Bhd (Bland) is taking on a total development value housing project of RM117 million in Greenland, an autonomous territory of Denmark.
Group CEO Syed Ali Shahul Hameed said Bland is preparing to submit necessary drawings to the local government in Greenland for official approval.
“We have already received pre-approval, meaning that a similar design has already been reviewed and agreed by the city of Nuuk, Greenland’s capital.
“This positive response will allow us to proceed with the development of detailed building plans and we hope we will be ready to begin actual construction by next summer,” Syed Ali said during signing a memorandum with SIBS SDN BHD (SSB).
He said the demand from the community for buying from home is very high, reflecting strong local interest and a clear need for new homes in Nuuk.
To address this demand, the brand aims to acquire Nuuk land through its wholly owned subsidiary Berjaya Greenland Invest A/S, providing high quality residential apartments explicitly designed for Greenland’s unique climate and infrastructure requirements.
“There is a high demand due to the lack of available housing for residents in the area.
“In most cases, as soon as you start a project, the units sell out quickly. It’s still a little early to provide accurate numbers when it comes to pricing, but in general, the costs are very high, mainly due to factors such as the cost of materials that contain metals.
“But I think this is a strong investment opportunity overall,” says Syed Ali.
The brand has signed Sweden-based SSB and MOU, with manufacturing facilities in Penang, the global leader in modular housing systems. This partnership aims to provide efficient and climate-sensitive homes through modular construction. This is a modern approach that enables deployment, cost savings and long-term quality.
Currently, the housing project is still in the planning and design stages, but is expected to be released soon.
In addition to making more housing available, the project will provide significant economic benefits, create new jobs, involve local contractors, and support long-term city growth.
“Regarding the timeline for the implementation of the project… The core structure phase is expected to be completed within about a year, but logistics of the transport of materials from Penang to Greenland could potentially expand the overall schedule.
“Despite the geographical and logistical challenges, we are working on a thorough and efficient approach to ensure that all aspects of the project are carried out to the highest standards,” Syed Ali said when asked about the project’s timeline.
He said the project reflects the brand’s broader vision of creating high quality developments that are efficient, adaptable and built with long-term impact in mind. “Modular Construction offers an innovative and timely approach, allowing you to deliver faster, more cost-effective homes while supporting local capacity building.”
SSB Executive Director Lawrence Sulin said the company is developing a modular housing project, a relatively new concept in Malaysia.
In this approach, the house is prefabricated in the factory, completed to a high standard and transported to the intended site for assembly. This method is extremely sustainable and environmentally friendly as it significantly reduces dependence on physical labor, minimizes construction waste, and shortens the project timeline.
Chua said traditional high-rise construction can take up to three years, but modular housings can complete the project within a year thanks to current annual production capacity of up to 12,000 modules.
“However, in reality, a typical project may utilize around 6,000 modules. This innovative system not only accelerates delivery, but also supports greener, more efficient urban development,” he added.
With a special focus on transforming Nuuk into a premier destination for recreational and ecotourism, Berjaya Greenland Invest aims to promote economic growth in the region, address important housing needs and create meaningful employment opportunities for the community.
