OIB Group
OIB Group (Oriental Interest Berhad) is a publicly listed Malaysian property developer operating through 20 subsidiaries to deliver residential, commercial, and industrial real estate across Northern Malaysia, complemented by 13 Urban Inn hotels and oil palm cultivation, serving individual home buyers and government servants.
- Company typePublic
- Founded1993
- HeadquartersSungai Petani, Malaysia
- Headcount101–250
- GTM typeB2C
- OfferingServices
What OIB Group does
OIB Group (legal name Oriental Interest Berhad, Bursa Malaysia Stock Code 5827) is a publicly listed Malaysian property developer headquartered in Sungai Petani, Kedah, with a 30-year operating history since listing on 18 October 1994. The Group operates through 20 subsidiaries engaged in residential, commercial, and industrial property development, general construction, investment holding, hospitality, and oil palm cultivation. Its core product is residential landed property — single-storey terraces, semi-detached homes, bungalows, and cluster homes — across a portfolio of 18+ active projects in Northern Malaysia (Kedah, Penang) with unit prices ranging from RM 299,800 to RM 959,900, plus a high-rise apartment offering (D'aman Residence) and government-affiliated PPAM affordable housing (Taman Desa Kayangan, 585 units). Large-scale master-planned townships include 1,100-acre Taman Serai Wangi and 204-acre Taman Desa Kayangan, supplemented by a separate commercial segment and an industrial segment with upcoming projects.
The Group distributes through five direct sales galleries across Northern Malaysia (Sungai Petani, Kulim, Alor Setar, Jitra, Padang Serai), a Petaling Jaya regional office, and WhatsApp digital inquiry. Revenue is generated from one-time property sales (primary), recurring hospitality operations through 13 Urban Inn hotels across Kedah and Selangor (managed by an in-house Urban Collection team), investment holding income, and oil palm cultivation. The customer base is primarily individual home buyers including first-time purchasers, upgraders, and government servants eligible for the PPAM scheme, plus JV landowners. Leadership transitioned in 2024–2025 with a new Independent Non-Executive Chairman (March 2024) and a new Executive Director & CEO Mr. Khoh Why Way (August 2025), alongside two additional Executive Directors from the Low family. Technology is standard construction practice with no disclosed AI, platform, or proprietary technology layer.
OIB Group firmographics
Firmographics- Name
- OIB Group
- Legal name
- Oriental Interest Berhad
- Website
- https://oibgroup.com
- Company type
- Public
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- OIB Group (Oriental Interest Berhad) is a publicly listed Malaysian property developer operating through 20 subsidiaries to deliver residential, commercial, and industrial real estate across Northern Malaysia, complemented by 13 Urban Inn hotels and oil palm cultivation, serving individual home buyers and government servants.
- Ownership category
- akta.pro rank
Where OIB Group is headquartered
LocationHeadquarters
- HQ city
- Sungai Petani
- HQ country
- Malaysia
- HQ region
- Asia
Offices8 records
Markets served
OIB Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Property Development and General Construction: Core revenue stream from developing residential, industrial, retail and commercial properties across Malaysia, with focus on Northern Malaysia (Kedah, Penang). Generates revenue through sales of completed and under-development properties.
- Investment Holding: Investment holding activities providing recurring income through asset management and property investments.
- Hospitality Operations: Thirteen hotels operating under the Urban Inn brand across Kedah and Selangor, managed by Urban Collection team. Generates revenue through hotel accommodations, event venues (grand ballroom up to 1,200 guests), co-working spaces, and meeting facilities.
- Oil Palm Cultivation: Agricultural operations contributing to diversified revenue streams.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Taman Bayan Vista - Single Storey Terrace |
| Unit Pricing | Pay-as-you-go | Taman Bayan Vista - Single Storey Semi-D |
| Unit Pricing | Pay-as-you-go | Taman Pekatra Indah - Single Storey Bungalow (Phase 1) |
| Unit Pricing | Pay-as-you-go | Taman Pekatra Indah - Single Storey Bungalow (Phase 2) |
| Unit Pricing | Pay-as-you-go | Taman Sena - Single Storey Terrace |
| Unit Pricing | Pay-as-you-go | Taman Cenderawasih - Single Storey Semi-D |
| Unit Pricing | Pay-as-you-go | SP Saujana Permai - Single Storey Cluster |
| Unit Pricing | Pay-as-you-go | SP Saujana Permai - Double Storey Cluster |
| Unit Pricing | Pay-as-you-go | SP Saujana - Double Storey Terrace |
| Unit Pricing | Pay-as-you-go | Taman Vistana Indah - Single Storey Semi-D |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
OIB Group product offering
Product offeringCore offering
OIB Group (Oriental Interest Berhad) is a publicly listed Malaysian property developer focused on residential, commercial, and industrial real estate in Northern Malaysia, particularly Kedah and Penang. The Group operates through 20 subsidiaries and additionally runs a hospitality division of 13 hotels under the Urban Inn brand, an investment holding arm, and oil palm cultivation activities. Core revenue is generated through the sale of developed housing units, ranging from affordable single-storey terraces to premium bungalows and high-rise apartments.
Product overview
OIB Group (Oriental Interest Berhad) operates primarily as a property developer with three main segments: Residential, Commercial, and Industrial property development. The company's residential portfolio includes diverse housing products across Northern Malaysia (Kedah and Penang), ranging from affordable single-storey terraces to luxury bungalows, cluster homes, semi-detached units, and high-rise apartments. Key residential projects include SP Saujana, Taman Pekatra Indah, Taman Bayan Vista, Taman Sinar Intan 3, and others in locations such as Alor Setar, Sungai Petani, Kulim, Changlun, and Simpang Ampat. The company also operates a Hospitality Division under the Urban Inn brand with 13 hotels across Kedah and Selangor. OIB Group's stock code on Bursa Malaysia is 5827.
Differentiator
Problem solved
Functional benefit
Brands
- Urban Inn: Hospitality brand operated by Urban Collection team, featuring hotels across Kedah and Selangor.
- Urban Collection
Products and services
- OIB Residential Property Development
Quantifiable outcome
- 13 hotels managed under Urban Inn brand across Kedah and Selangor
- +1 more outcomes
Companies that use OIB Group
Customer profileSegments3 records
Ideal customer profiles3 records
OIB Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OIB Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Urban CollectioncoreUrban Collection team professionally oversees the operations of thirteen Urban Inn hotels across Kedah and Selangor, ensuring consistent operational standards and service excellence in hospitality operations.
Scale indicators7 records
Recent moves7 records
Expansion highlights3 records
OIB Group competitors and assessment
Company assessmentDirect peers
- UEM Sunrise Berhad: Bursa Malaysia-listed developer of master-planned townships including Iskandar Puteri (Johor) and key Klang Valley projects. Comparable as a Bursa-listed Malaysian developer of integrated residential townships, though with significantly larger-scale projects than OIB's Northern Malaysia focus.
- Mah Sing Group Berhad: Publicly listed Malaysian developer focused on affordable and mid-market residential developments across Klang Valley, Penang, Johor and Sabah. Comparable to OIB in product positioning (terrace houses, cluster homes, serviced residences) and Bursa Main Market listing status.
- Eco World Development Group Berhad: Bursa Malaysia-listed developer with township projects across Klang Valley, Iskandar Malaysia and Penang. Comparable to OIB as a publicly listed Malaysian developer building gated-and-guarded townships with mixed residential and commercial components.
- IOI Properties Group Berhad: Bursa Malaysia Main Market-listed property developer with significant township developments in Klang Valley, Johor and Penang. Directly comparable to OIB as a publicly listed Malaysian developer with mixed residential, commercial and hospitality exposure.
- SP Setia Berhad: One of Malaysia's largest publicly listed township developers with a national footprint spanning Klang Valley, Penang, Johor and Sabah. Comparable as a Bursa Malaysia-listed residential and commercial property developer operating master-planned townships, though at materially larger scale than OIB.
- Sime Darby Property Berhad: Bursa Malaysia-listed township developer with large integrated developments (e.g., Bandar Bukit Raja, Elmina). Comparable to OIB as a Malaysian-listed developer of master-planned communities, though with substantially larger market capitalisation and land bank.
- Tambun Indah Land Berhad: Bursa Malaysia-listed property developer focused on Penang mainland (Seberang Perai) and Kedah. Closely comparable to OIB in geographic focus (Northern Malaysia / Penang-Kedah corridor), affordable-to-mid-tier residential product mix, and similar small-mid cap scale.
Regional players
- Matrix Concepts Holdings Berhad: Bursa Malaysia-listed developer focused on Negeri Sembilan (Sendayan, Bandar Seri Sendayan). Comparable to OIB as a Bursa-listed affordable-to-mid-tier Malaysian residential township developer, though operating in a different (central-southern) geography.
Broad incumbents
- Paramount Corporation Berhad: Long-established Bursa Malaysia-listed developer and education group with property developments primarily in Klang Valley and Penang. Comparable to OIB as a Bursa Main Market-listed Malaysian residential developer, though with a broader diversified portfolio including education.
Emerging players
- SkyWorld Development Berhad: Bursa Malaysia-listed developer of mid-market stratified residential (high-rise) projects in Klang Valley. Comparable to OIB as a Bursa-listed Malaysian residential developer, though smaller in scale and focused on vertical developments rather than OIB's landed township model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
OIB Group social profiles
Digital presenceOIB Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
OIB Group leadership team
Management profileNumber of profiles
Profiles8 records
OIB Group subsidiaries and ownership
Company hierarchySubsidiaries21 records
OIB Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OIB Group 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 OIB Group
What does OIB Group do?
OIB Group (Oriental Interest Berhad) is a publicly listed Malaysian property developer focused on residential, commercial, and industrial real estate in Northern Malaysia, particularly Kedah and Penang. The Group operates through 20 subsidiaries and additionally runs a hospitality division of 13 hotels under the Urban Inn brand, an investment holding arm, and oil palm cultivation activities. Core revenue is generated through the sale of developed housing units, ranging from affordable single-storey terraces to premium bungalows and high-rise apartments.
Is OIB Group a public or private company?
OIB Group is a public company. It is classified as public and is currently operating.
When was OIB Group founded?
OIB Group was founded in 1993. It employs 101 to 250 people.
Where is OIB Group based?
OIB Group is headquartered in Sungai Petani, Malaysia, in the Asia region.
How does OIB Group make money?
Four revenue lines are on record. Property Development and General Construction is the primary driver. The others are investment Holding, hospitality Operations and oil Palm Cultivation.
Who are OIB Group's main competitors?
Direct peers on record are UEM Sunrise Berhad, Mah Sing Group Berhad, Eco World Development Group Berhad, IOI Properties Group Berhad, SP Setia Berhad, Sime Darby Property Berhad and Tambun Indah Land Berhad. Matrix Concepts Holdings Berhad is listed as a regional player. Paramount Corporation Berhad is listed as a broad incumbent. SkyWorld Development Berhad is listed as an emerging player.
Does OIB Group have an API?
No public API is recorded for OIB Group.