Housing Developers Acquisition Of Lands Companies in Malaysia

Housing developers in Malaysia have been on the lookout for potential acquisition targets in the land development sector. This is in line with the government’s initiative to promote consolidation and rationalisation within the industry.

Some of the notable acquisitions in recent years include IJM Land’s takeover of KSL Holdings, S P Setia’s acquisition of Bukit Bintang Developments and Mah Sing’s purchase of I&P Group.

The rationale behind these acquisitions is to gain a larger landbank, as well as to expand the geographical reach of the developers. This will enable the developers to tap into new growth areas and capture a larger share of the market.

The acquisitions will also help to reduce the competition within the industry, as the larger developers will be able to better utilise their economies of scale.