BDB

What BDB does

Bina Darulaman Berhad (BDB) is a Bursa Malaysia-listed investment holding company headquartered in Jitra, Kedah, Malaysia, operating as a Government Linked Company (GLC) of the Kedah state government. BDB runs four business segments — property development, engineering and construction, road building and quarry operations, and leisure and recreation — through wholly-owned subsidiaries including BDB Land, Kedah Holdings, BDB Infra, BDB Leisure, BDB Darulaman Golf Resort Berhad, and BDB Energy. Its flagship asset is Bandar Darulaman, a 2,200-acre integrated township in Jitra comprising over 6,558 completed residential units and 184 commercial lots, supported by on-site amenities including Darulaman Golf & Country Club, Fantasia Aquapark, and Darulaman Park.

The group's revenue model is anchored by one-time project sales and contracted works. Property development generates income through direct unit sales by BDB Land (Bandar Darulaman, Darulaman Saujana, Aman Nusa in Langkawi, Aman Perdana in Sungai Petani) and Kedah Holdings (Taman Azalea). Engineering and construction contracts, including state road maintenance, are awarded via competitive tender or direct engagement with the Kedah State Government. BDB Infra, a G7-class contractor with two quarries and three premix plants, provides vertically integrated aggregate supply. The leisure segment monetizes recreational facilities and tourism assets (Darulaman Sanctuary, The LAB Langkawi) and runs recurring events such as the Jitra Half Marathon (entry fees RM50–RM95). Distribution is direct-to-consumer for properties and direct-to-government for infrastructure; marketing relies on the corporate website, press releases via national media, and community exhibitions.

For FY2025 (year ended December 31, 2025), BDB reported revenue of RM330.71 million, up from RM294.74 million in the prior year, against a net loss of RM16.8 million. The group employs 101–250 people and has a market capitalization of RM59.25 million (19.5 sen/share) on Bursa Malaysia. Its competitive position is reinforced by GLC status and the multi-decade relationship with the Kedah State Government, including a RM251.65 million, 60-month road maintenance contract awarded in May 2026.

Name

BDB

Legal name

Bina Darulaman Berhad (199501003751)

Website

https://bdb.com.my

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Bina Darulaman Berhad (BDB) is a Bursa Malaysia-listed Kedah state GLC operating four segments — property development, engineering and construction, road building and quarry, and leisure — through wholly-owned subsidiaries anchored by the 2,200-acre Bandar Darulaman township in Jitra, Malaysia.

Ownership category

akta.pro rank

Headquarters

HQ city

Alor Setar

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Property Development: Development and sale of residential and commercial properties through subsidiaries BDB Land and Kedah Holdings. Projects include Bandar Darulaman township, Darulaman Saujana, Aman Nusa (Langkawi), Taman Azalea, and the new Darulaman Commercial District.
2. Engineering and Construction Contracts: E&C segment undertakes construction projects for both public and private sectors. BDB Infra provides road construction and maintenance services under government contracts.
3. Road Building and Quarry Operations: BDB Infra operates quarries and premix plants supplying construction materials. The subsidiary has maintained continuous road maintenance contracts from Kedah State Government since 2015, covering multiple districts.
4. Leisure and Recreation: BDB Leisure manages recreational facilities including Darulaman Golf & Country Club, Fantasia Aquapark, Darulaman Park, Darulaman Sanctuary, and The LAB in Langkawi. The segment also organizes events like the Jitra Half Marathon.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Bina Darulaman Berhad (BDB) is a diversified Malaysian conglomerate operating through four core business segments. The Property segment develops residential townships (Bandar Darulaman, Darulaman Saujana, Aman Nusa, Taman Azalea, Aman Perdana) and commercial properties (Darulaman Commercial District). The Engineering & Construction segment undertakes building projects. The Road Building & Quarry segment, via BDB Infra, executes road construction, road maintenance, and supplies quarry and premix materials as a G7-class contractor. The Leisure segment manages recreational facilities including Darulaman Golf & Country Club, Fantasia Aquapark, Darulaman Park, and tourism assets in Langkawi.

Product overview

Bina Darulaman Berhad (BDB) is a Malaysian conglomerate with a diversified portfolio spanning four core business segments: Property Development (through BDB Land and Kedah Holdings sub-brands), Engineering & Construction, Road Building & Quarry (via BDB Infra), and Leisure. The property segment includes residential townships such as Bandar Darulaman (2,200-acre established township), Darulaman Saujana (new sustainable township), Aman Nusa (Langkawi pocket development), Taman Azalea (Pendang semi-detached homes), and Aman Perdana (Sungai Petani mixed development), plus the new Darulaman Commercial District commercial hub. The leisure segment manages golf courses, water parks, recreational parks, and tourism assets including Darulaman Golf & Country Club, Fantasia Aquapark, Darulaman Park, Darulaman Sanctuary, and The LAB in Langkawi. BDB operates as a platform-plus-segments architecture with distinct subsidiaries serving property development, infrastructure construction, and leisure operations.

Differentiator

Problem solved

Functional benefit

Brands

• BDB Energy: Energy business subsidiary focused on new business development within the BDB Group
• Bandar Darulaman
• Darulaman Saujana
• Aman Nusa
• Kedah Holdings
• The LAB Langkawi
• Darulaman Commercial District (DCD)
• Darulaman Golf & Country Club (DGCC)
• Fantasia Aquapark
• Darulaman Park

Products and services

• Bandar Darulaman Township Mixed development township in Jitra, Kedah spanning 2,200 acres with 6,558 completed residential units and 184 commercial lots. Developed by BDB Land as the flagship integrated township with residential, commercial, and recreational components.
• Darulaman Saujana Township

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Perbadanan Kemajuan Negeri Kedah (PKNK)coreStrategic or Co-development Partner · 1 January 2026BDB is strengthening strategic cooperation with PKNK (Kedah State Development Corporation) to pursue new business opportunities in both public and private sectors. The partnership supports BDB's strategy to expand beyond traditional housing development into industrial and manufacturing infrastructure, enhancing the E&C portfolio.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mah Sing Group Berhad: Malaysian residential and commercial property developer active across Klang Valley and other states, with comparable product range (townships, shop offices, affordable homes) to BDB Land's portfolio.
• IJM Corporation Berhad: Malaysian construction, property, and industry group with comparable construction contracting and residential/commercial property development. Operates across Malaysian states including northern regions, mirroring BDB's integrated construction-property model.
• WCT Holdings Berhad: Malaysian construction and property developer with civil/infrastructure contracting and township property development. Comparable to BDB's mix of government contracting and residential/commercial real estate.
• LBS Bina Berhad: Malaysian-listed affordable and mass-market residential property developer with township projects across multiple states. Closely comparable to BDB Land's affordable housing launches such as Taman Azalea.
• Gamuda Berhad: Large Malaysian-listed engineering, infrastructure, and property developer with direct overlap to BDB Infra's construction and BDB Land's township development activities. Both run integrated construction + property platforms and pursue government infrastructure contracts in Malaysia.
• UEM Edgenta Berhad: Malaysian infrastructure and asset management services company with road maintenance and facility management contracts. Direct peer to BDB Infra's road maintenance operations with the Kedah state government.

Regional players

• Crescendo Corporation Berhad: Smaller Malaysian property developer active in Johor and northern regions with industrial and residential township projects. Comparable in size and product mix to BDB Land, with overlap on shop offices and industrial property.
• Ewein Berhad: Northern Malaysia-focused property developer with residential and commercial projects including City Junction in Penang. Comparable to Kedah Holdings' boutique regional development model serving the same northern corridor as BDB.

Broad incumbents

• SP Setia Berhad: Major Malaysian master-planned township developer with Setia Alam, Setia Eco Park and similar integrated developments. Relevant peer for BDB Land's Bandar Darulaman and Darulaman Saujana townships, though larger and more geographically diversified.
• Sunway Berhad: Diversified Malaysian conglomerate with property development, construction, quarry, and leisure/hospitality arms. Operates as a broader, larger-scale version of BDB's integrated township-plus-construction model, including Sunway Lagoon-style leisure assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BDB