Overview And Outlook Of The Company


Grandhome Development Sdn BhdGHD was established as a diversification and expansion vehicle for Red Energy Sdn Bhd, marking the company's strategic foray into the property sector. Since its incorporation, GHD has not only grown as a key player in real estate but has also built a robust group of companies associated with it as subsidiaries, associate companies, or strategic alliance partners. These partnerships empower GHD to actively pursue and partake in various development projects, primarily focusing on the dynamic and high-growth areas across the three districts of Melaka state. This network of collaborations reinforces GHD’s commitment to driving sustainable urban development and economic growth in the region.



GHD has completed few projects as detailed below:



a) Taman Sentosa @ Sg Baru Ulu, Pekan Masjid Tanah, Daerah Alor Gajah, Melaka comprising 9 units of single storey bungalow and 7 units of double storey bungalow, which has been completed on 22 July 2014.

b) Plaza Bestari @ Bandar Jasin Bestari, in Bemban, Daerah Jasin, Melaka comprising 81 units of double storey shoplots, three-storey shoplots and double storey semi-detached shops. The project is a joint venture item with PERTAM, a state agency, which has completed on 4 February 2016.

c) Taman Permatang Ria @ Kuala Sungai Baru, Daerah Alor Gajah, Melaka comprising 14 units of single storey semi-detached houses and 1 unit of single storey bnungalow, which has completed on 6 July 2018.

d) Taman Bukit Rambai Seksyen 2 @ Bukit Rambai, Daerah Melaka Tengah, Melaka comprising 24 units of single storey terrace houses, 2 units of single storey semi-detached houses and 1 unit of single storey bnungalow, which has completed on 14 August 2019.

e) Taman Krubong Jaya @ Krubong, Mukim Krubong, Daerah Melaka Tengah, Melaka measuring 3.24 acres comprising 32 units of single storey terrace houses located nearby Taman Krubong Jaya, Melaka, which has completed on 11 May 2021.

f) Taman Masjid Tanah Bahagia, on Lot 2231, Mukim Masjid Tanah, Daerah Alor Gajah, Melaka measuring 2.6 acres comprising 16 units of single storey terrace houses, 1 unit of single storey bungalow and 7 units of double storey shop offices in a densely populated area adjacent to the Masjid Tanah township, which has completed on 1 March 2022.

g) Taman Bukit Lintang Indah, on Lot 561, Mukim Bukit Lintang, Daerah Melaka Tengah, Melaka measuring 4.5 acres to be developed on a joint- venture basis into a scheme comprising 10 units of single storey terrace houses, 18 units of single storey semi-detached houses and 1 unit of single storey bungalow within the proximity of the two schools and two existing housing schemes which has completed on 15 August 2022.

h) Taman Cheng Setia, on Lot 648, Mukim Cheng, Daerah Melaka Tengah, Melaka measuring 6.56 acres to be developed on a joint-venture basis into a scheme comprising 58 units of double storey terrace houses and 10 units of double storey semi-detached houses located next to Taman Cheng Setia, Melaka which has completed on 7 November 2022.

i) Taman Paya Rumput Perdana, on Lot 242, Mukim Paya Rumput, Daerah Melaka Tengah, Melaka measuring 4 acres to be developed on joint- venture basis comprising 34 units of single storey semi-detached houses and 2 unit of single storey bungalow located at Taman Paya Rumput Perdana, Melaka which has completed on 8 November 2022.



GHD has a few ongoing projects as detailed below:



a) Lot 661, Mukim Kuala Sungai Baru, Daerah Alor Gajah, Melaka measuring 4 acres comprising 26 units of single storey semi-detached houses located at Pekan Kuala Sungai Baru, Melaka.

b) Lot 11226, 11227 & 11228, Mukim Tanjong Minyak, Daerah Melaka Tengah, Melaka measuring 3.85 acres comprising 24 units of single storey semi-detached cluster houses and 2 units of single storey bungalow located next to Taman Bertam Impian, Tanjong Minyak, Melaka.

c) Lot 415, Mukim Kuala Sungai Baru, Daerah Alor Gajah, Melaka measuring 3.26 acres comprising 20 units of single storey semi-detached houses located next to Taman Permatang Ria, Kuala Sungai Baru, Melaka.



GHD has thus far acquired several parcels of lands, detailed as below:-



a) Lot 1286, Mukim Chabau, Daerah Jasin, Melaka measuring 2.56 acres comprising 12 units of single storey cluster houses, 8 units of single storey semi-detached houses and 1 unit of single storey bungalow located next to Taman Bekoh Jaya, Melaka.

b) Lot 241-244, Mukim Krubong, Daerah Melaka Tengah, Melaka, spans 12 acres and features a thoughtfully designed residential development. It includes 58 units of double-storey terrace houses, 22 units of single- storey semi-detached houses, 5 units of single-storey bungalows, 18 units of single-storey affordable houses, and 20 units of single-storey low-cost houses. Strategically located next to the thriving One Krubong area in Melaka, this development aims to offer a diverse range of housing options, catering to various lifestyle needs and income levels, while promoting a harmonious community atmosphere.

c) Lot 19664, Lot 19665 & Lot19667, Mukim Bachang, Daerah Melaka Tengah, Melaka, spanning 3.5 acres. The development consists of 183 units of low-density condominiums, offering a blend of modern living and exclusive space, designed to cater to discerning homeowners seeking a balance between urban convenience and serene residential environments. This strategic location within Melaka's vibrant central district ensures accessibility while providing a tranquil lifestyle.



GHD has entered into a significant joint venture development, utilizing its own land assets. The details of this project are as follows:



a) PT6969 & Lot19666, Mukim Bachang, Daerah Melaka Tengah, Melaka spanning a substantial 10.7 acres, this development represents a strategic collaboration between GHD and Serta Lega Development Sdn Bhd, a distinguished subsidiary of NKS Development Sdn Bhd. This partnership focuses on transforming GHD's land holdings into a premier residential community.



Project Highlights :



Residential Units : The development will feature 140 units of meticulously designed double storey terrace houses, tailored to meet the demands of contemporary living.

Community Features : The entire project is designed as a gated and guarded community, ensuring enhanced security and privacy for its residents.



About NKS Development Sdn Bhd and Serta Lega Development Sdn Bhd :



NKS Development Sdn Bhd : A highly regarded property development company with a robust track record in managing and delivering large- scale residential and commercial projects. NKS Development Sdn Bhd is known for its commitment to excellence, ensuring that its developments meet high modern living standards

Serta Lega Development Sdn Bhd : As a key subsidiary of NKS Development Sdn Bhd, Serta Lega Development Sdn Bhd brings extensive experience and expertise in property development and project management. Their involvement in this joint venture underscores their dedication to delivering high-quality developments and their role in ensuring the project's success.

Together, GHD and Serta Lega Development Sdn Bhd are dedicated to creating a vibrant, secure, and high-quality living environment. This joint venture aims to enhance the area's appeal and provide valuable housing solutions to the community, reflecting a shared commitment to excellence and innovation in residential development.



The group is actively pursuing growth opportunities by negotiating several development proposals with various landowners. These discussions involve both acquisition and joint venture arrangements aimed at expanding the company's land bank. This strategic approach is part of the group's commitment to ensuring continuous and sustainable growth in its development portfolio.

By exploring new opportunities, the group seeks to diversify its projects and leverage its expertise in property development. These potential ventures are expected to enhance the company's capacity to deliver innovative and high- quality residential and commercial developments, thereby reinforcing its position in the market and contributing to long-term success.