KSL Holdings Berhad
KSL Holdings Berhad is a Johor-based integrated property developer listed on Bursa Malaysia since 2002, building townships, high-rise residences, commercial hubs, shopping malls, and hotels across southern Malaysia for individual buyers, commercial tenants, and hospitality guests.
- Company typePublic
- Founded1979
- HeadquartersJohor Bahru, Malaysia
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What KSL Holdings Berhad does
KSL Holdings Berhad is an integrated property developer headquartered in Johor Bahru, Malaysia, founded in 1979 and listed on the Main Market of Bursa Malaysia since February 2002. The group develops master-planned townships, high-rise residences, commercial hubs, shopping malls, and hotels and resorts across southern Malaysia, with operations concentrated in Johor and the Klang Valley (Selangor). Key assets include the KSL City mixed-use complex (RM5 billion gross development value on 6.75 acres), the 448-acre Canary Garden @ Bandar Bestari township, and a pipeline that includes the proposed 1.5 million sq ft KSL City 2 retail project in Klang.
The business operates through 15 wholly-owned subsidiaries covering property development (KSL Development, KSL Medini Development, Bintang-Bintang Development, KSL Bestari, Goodpark Development, Wawari, Prosper Plus Industry, VIP Beyond, Harapan Terang Properties, Sering Cemerlang, KSL Properties), real estate agency (Khoo Soon Lee Realty Sdn. Bhd.), shopping mall management (KSL City Management), and hotel and resort operations (KSL Hotel & Resorts, KSL Esplanade Hotel, KSL Hot Spring Resort @ Daya). Revenue blends one-time property development sales with recurring income from mall operations and hospitality, and management has targeted at least 30% recurring income contribution over the next five years. Distribution runs through physical sales galleries, the in-house realty network, newspaper advertising, property exhibitions, and a website-based inquiry platform, serving individual home buyers, commercial tenants, retail shoppers, and hotel guests.
The company is family-controlled and is undergoing a generational leadership handover. As of 2025, executive director Khoo Lee Feng has taken over responsibility for land acquisition, development planning, and investor relations. The group reported FY2025 revenue of RM1.5 billion and net profit of RM526 million (+11% YoY), with RM3.8 billion of project launches planned for 2026 and a market capitalisation of approximately RM3.5 billion as of May 2026.
KSL Holdings Berhad firmographics
Firmographics- Name
- KSL Holdings Berhad
- Legal name
- KSL Holdings Berhad (511433-P)
- Website
- https://ksl.my
- Company type
- Public
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- KSL Holdings Berhad is a Johor-based integrated property developer listed on Bursa Malaysia since 2002, building townships, high-rise residences, commercial hubs, shopping malls, and hotels across southern Malaysia for individual buyers, commercial tenants, and hospitality guests.
- Ownership category
- akta.pro rank
Where KSL Holdings Berhad is headquartered
LocationHeadquarters
- HQ city
- Johor Bahru
- HQ country
- Malaysia
- HQ region
- Asia
Offices10 records
Markets served
KSL Holdings Berhad business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Property Development: Core revenue stream from development and sale of residential and commercial properties including townships, high-rise residences, and business parks across Johor and Selangor regions.
- Mall Operations: Recurring income from KSL City Shopping Mall operations, contributing to the company's strategy of increasing recurring income contribution to at least 30% over the next five years.
- Hotel & Resort Operations: Recurring revenue from KSL Hotel & Resorts including KSL Esplanade Hotel and KSL Hot Spring Resort @ Daya, supporting diversification into recurring income streams.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Vacant Land Rental - Nusa Bestari |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
KSL Holdings Berhad product offering
Product offeringCore offering
KSL Holdings Berhad is an integrated property developer that plans, builds, and sells master-planned residential townships, high-rise residences, and commercial business parks across southern Malaysia. In addition to one-time property sales, KSL generates recurring income by operating the KSL City Shopping Mall and KSL Hotel & Resorts (including KSL Esplanade Hotel and KSL Hot Spring Resort @ Daya). The company distributes through wholly-owned subsidiaries, sales galleries, and an internal real estate agency, serving both individual home buyers and commercial tenants primarily in Johor and the Klang Valley region.
Differentiator
Problem solved
Functional benefit
Brands
- KSL City Shopping Mall: Shopping mall operated by KSL Holdings
- KSL Hotel & Resorts
- KSL Business Park
- Riveria Garden
Products and services
- KSL Township Developments Master-planned residential townships that combine landed homes, community amenities, and supporting commercial nodes, targeted at individual home buyers and families seeking integrated communities in southern Malaysia.
- KSL High-Rise Residences Contemporary apartments and condominiums with premium design and urban convenience, targeted at individual buyers and investors seeking high-rise residential units within KSL's integrated developments.
- KSL Business Park Strategic commercial hubs tailored for businesses, blending functionality with accessibility, targeted at commercial buyers and tenants seeking business park space within KSL townships.
- KSL City Shopping Mall Shopping mall operations in Taman Abad, Johor Bahru, contributing to KSL's recurring income base; the group has also announced KSL City 2 in Klang with 1.5 million sq ft of proposed retail space. Mall operations are managed through KSL City Management Sdn. Bhd. and serve retail tenants and shoppers.
- KSL Hotel & Resorts Hotel and resort operations under the KSL Hotel & Resorts brand, including KSL Esplanade Hotel in Klang and KSL Hot Spring Resort @ Daya in Johor Bahru, contributing recurring income and supporting KSL's diversification strategy.
- Real Estate Agency Services (Khoo Soon Lee Realty Sdn. Bhd.) Real estate agency services provided through wholly-owned subsidiary Khoo Soon Lee Realty Sdn. Bhd. (66384-P), supporting KSL's property sales and rentals across multiple branch offices in Johor and Selangor.
Companies that use KSL Holdings Berhad
Customer profileSegments3 records
Ideal customer profiles3 records
KSL Holdings Berhad technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
KSL Holdings Berhad partnerships and signals
Strategic signalScale indicators10 records
Recent moves7 records
Expansion highlights5 records
KSL Holdings Berhad competitors and assessment
Company assessmentDirect peers
- UEM Sunrise Berhad: Bursa Malaysia-listed developer with flagship projects in Iskandar Puteri (Johor). Direct comparable to KSL's Iskandar Puteri and Johor Bahru development pipeline within the same economic zone.
- IOI Properties Group Berhad: Bursa Malaysia-listed integrated property developer with significant Johor presence (e.g., Bandar Putra Kulai). Highly comparable to KSL given its mix of property development, investment properties, and hospitality.
- Sime Darby Property Berhad: Major Malaysian township developer with strong Seremban, Klang Valley and Johor footprints. Comparable in integrated township execution and recurring-income diversification via industrial and commercial assets.
- Eco World Development Group Berhad: Malaysian developer with significant Iskandar Malaysia presence (Eco Botanic, Eco Spring, Eco Summer). Highly comparable to KSL's Johor-centric integrated township strategy and mid-to-upper residential positioning.
- Paramount Corporation Berhad: Mid-cap Bursa Malaysia developer with township projects in Klang Valley. Comparable in scale and residential focus, with similar project-launch-driven revenue model to KSL.
- SP Setia Berhad: Malaysia's largest listed property developer by market cap, focused on integrated townships and residential developments nationwide including Johor. Closest peer to KSL in terms of integrated master-planned township model and Bursa Malaysia listing.
- Mah Sing Group Berhad: Bursa Malaysia-listed developer focused on mid-market residential and township projects in Klang Valley and Johor. Closely comparable in target buyer segment, geographic overlap, and project scale to KSL's residential portfolio.
Broad incumbents
- Sunway Berhad: Diversified Malaysian conglomerate with major property arm (Sunway City, Sunway REIT). Comparable integrated township-plus-hospitality model and recurring income strategy makes it a broader benchmark for KSL's diversification aspirations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
KSL Holdings Berhad social profiles
Digital presenceKSL Holdings Berhad financial estimates
Financial estimateRevenue estimate
Valuation estimate
KSL Holdings Berhad leadership team
Management profileNumber of profiles
Profiles1 record
KSL Holdings Berhad subsidiaries and ownership
Company hierarchySubsidiaries15 records
KSL Holdings Berhad funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KSL Holdings Berhad M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KSL Holdings Berhad
What does KSL Holdings Berhad do?
KSL Holdings Berhad is an integrated property developer that plans, builds, and sells master-planned residential townships, high-rise residences, and commercial business parks across southern Malaysia. In addition to one-time property sales, KSL generates recurring income by operating the KSL City Shopping Mall and KSL Hotel & Resorts (including KSL Esplanade Hotel and KSL Hot Spring Resort @ Daya). The company distributes through wholly-owned subsidiaries, sales galleries, and an internal real estate agency, serving both individual home buyers and commercial tenants primarily in Johor and the Klang Valley region.
Is KSL Holdings Berhad a public or private company?
KSL Holdings Berhad is a public company. It is classified as public and is currently operating.
When was KSL Holdings Berhad founded?
KSL Holdings Berhad was founded in 1979. It employs 1 to 10 people.
Where is KSL Holdings Berhad based?
KSL Holdings Berhad is headquartered in Johor Bahru, Malaysia, in the Asia region.
How does KSL Holdings Berhad make money?
Three revenue lines are on record. Property Development is the primary driver. The others are mall Operations and hotel & Resort Operations.
Who are KSL Holdings Berhad's main competitors?
Direct peers on record are UEM Sunrise Berhad, IOI Properties Group Berhad, Sime Darby Property Berhad, Eco World Development Group Berhad, Paramount Corporation Berhad, SP Setia Berhad and Mah Sing Group Berhad. Sunway Berhad is listed as a broad incumbent.
Does KSL Holdings Berhad have an API?
No public API is recorded for KSL Holdings Berhad.