KEN Holdings

What KEN Holdings does

KEN Holdings Berhad is a publicly listed Malaysian property developer (Bursa Malaysia: KEN) founded in 1980 in Kuala Lumpur, originally as a specialist engineering contractor providing grouting, underpinning, guniting, and structural repair services. From a 1990s pivot into land reclamation and government infrastructure — including the RM 127 million Westport Malaysia project and a joint venture with Chinese Harbour Engineering Company (KEN-CHEC Sdn Bhd) — the company transitioned into property development in 2000 through KEN Property and debuted with KEN Damansara in Petaling Jaya.

The company's core offering is a portfolio of green-certified residential and commercial assets anchored by Menara KEN TTDI in Taman Tun Dr Ismail, Kuala Lumpur, and the KEN Rimba township in Shah Alam, which the company positions as Malaysia's first green township. Technical differentiation rests on proprietary building-physics features — wind-flow orientation, breathable roof systems, zoned air-conditioning, exfiltrated cool air systems, double-glazed low-emission glass facades with 18% reflectivity, rooftop photovoltaic panels, and rainwater harvesting — that have supported LEED Platinum, BCA Green Mark Platinum/Gold, GreenRE Platinum/Gold, and GBI certifications across the portfolio, plus verified Carbon Neutral Status for the periods 2010-2015 and 2016-2020.

KEN earns revenue through four streams: one-off residential and commercial property sales (KEN Rimba, KEN Bangsar, KEN Damansara, KEN Aman, Menara KEN TTDI units), recurring commercial leasing of office suites in Menara KEN TTDI (1,700-27,000 sf), serviced-residence rentals at KEN Bangsar, and event/cultural venue rental across The Space (30,000 sq ft ballroom), The Platform (523-seat theatre), KEN Gallery, KEN Museum, and The Offices co-working space. Customer segments span residential property buyers, commercial tenants, event organizers, and arts/culture audiences, distributed through direct sales galleries, dedicated leasing and hospitality teams, and a regional digital channel mix including Facebook ("KEN Greenbook"), Instagram, YouTube, and WhatsApp.

Name

KEN Holdings

Legal name

KEN Holdings Berhad

Website

https://kenholdings.com.my

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

51–100 employees

Short description

KEN Holdings Berhad is a Bursa Malaysia-listed Malaysian property developer founded in 1980, operating a green-certified portfolio of residential townships (KEN Rimba), serviced residences (KEN Bangsar), and the flagship Menara KEN TTDI commercial and cultural hub in Kuala Lumpur.

Ownership category

akta.pro rank

Product category

Green Real Estate Development

NAICS

Lessors of Other Real Estate Property (531190), Museums, Historical Sites, and Similar Institutions (712), Arts, Entertainment, and Recreation (71)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE) (FSANAEAO)

Keywords

• Green property development
• Sustainable real estate
• Commercial office leasing
• Residential township development
• Event venue operations

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Property Development Sales: Sale of residential and commercial properties including KEN Rimba township, KEN Bangsar serviced residence, KEN Damansara, KEN Aman, and Menara KEN TTDI commercial units
2. Property Leasing: Leasing of commercial office spaces (Menara KEN TTDI corporate office suites from 1,700 sf to 27,000 sf), retail/commercial units, and residential serviced residence (KEN Bangsar for short and long-term leasing)
3. Event Venue Rental: Rental of event spaces including The Space (30,000 sq ft column-free ballroom and function rooms), The Platform (523-seat theatre), KEN Gallery and KEN Museum; pricing from RM18/Pax for standard events to RM68/Pax for MICE packages
4. Investment Holding and Management Services: Investment holding company providing management services to subsidiaries

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

KEN Holdings develops, sells, and leases green-certified residential and commercial real estate properties in Malaysia's Klang Valley, including the KEN Rimba green township, Menara KEN TTDI commercial office tower, KEN Bangsar serviced residence, KEN Damansara condominiums, and KEN Aman housing scheme. The company also operates integrated event and cultural venues—The Platform performing arts theatre, The Space event ballroom, KEN Gallery, KEN Museum, and The Offices co-working space—within its flagship Menara KEN TTDI mixed-use development, generating recurring leasing and rental income alongside one-time property sales.

Product overview

KEN Holdings is Malaysia's first green developer offering a diversified portfolio of residential, commercial, and cultural properties. The core offering consists of green townships (KEN Rimba), commercial buildings (Menara KEN TTDI), and serviced residences (KEN Bangsar). Supporting the live-work-play concept, the company operates event venues (The Platform theatre, The Space), cultural institutions (KEN Gallery, KEN Museum), and co-working spaces (The Offices) within its flagship Menara KEN TTDI development. The company also develops affordable condominiums (KEN Damansara trilogy) and townships (KEN Aman), while its KEN Foundation provides educational scholarships.

Differentiator

Problem solved

Functional benefit

Brands

• KEN Foundation: Corporate foundation offering scholarships and financial assistance to Malaysian students for further education in local institutions.
• The Platform
• The Space
• KEN Gallery

Products and services

• KEN Rimba Malaysia's first green township located in Shah Alam, featuring wind-flow orientation and breathable roof systems for energy-efficient living. Includes Commercial Centre, Legian Residences, Jimbaran Residences, and Condominium 1.
• Menara KEN TTDI A multiple platinum award-winning green commercial building in Taman Tun Dr Ismail featuring column-free office suites (1,700 sf to 27,000 sf), event spaces, art gallery, rooftop recreational facilities including gymnasium, swimming pool, sky bar, and F&B outlets. Houses The Platform theatre, KEN Gallery, KEN Museum, and F&B outlets. Available for corporate office leasing.
• KEN Bangsar A low-density luxury serviced residence on Bukit Bandaraya offering fully furnished apartments with views of Kuala Lumpur skyline. Available for short-term and long-term leasing, featuring penthouse triplex units. Was the first BCA Green Mark Gold Plus Award building in Malaysia.
• KEN Aman A 22-acre redevelopment project in Seri Kembangan comprising 46 units of three-storey shoplots and 29 units of two-and-a-half storey terrace homes, including rehousing of 650 families.
• KEN Damansara The company's debut property development in Petaling Jaya, comprising three condominium blocks (KEN Damansara 1, 2, and 3) known for affordability and value, delivered ahead of schedule.
• The Platform A fully-integrated 523-seat performing arts centre within Menara KEN TTDI, suitable for musicals, concerts, corporate meetings, seminars, conferences and private events. Available for event bookings.
• The Space A 30,000 sq. ft. versatile event venue within Menara KEN TTDI featuring column-free ballroom and function rooms that can be customized for product launches, seminars, conferences, corporate events and private functions. Spaces range from 1,300 sq ft to 6,600 sq ft.
• KEN Gallery A 20,000 sq. ft. art gallery within Menara KEN TTDI featuring permanent exhibitions of Malaysian artists' works, including fine porcelain antiques, Malaysian brush paintings, and Ming Dynasty furniture. Houses four halls and a conservation centre.
• KEN Museum A museum at Level 12 of Menara KEN TTDI featuring artefacts from past dynasties, offering visitors a journey through ancient times with exhibits showcasing historical backgrounds and craftsmanship.
• The Offices A platinum-rated green co-working space at Level 11 of Menara KEN TTDI offering hot desk, fixed desk, private office and corporate office options suitable for start-ups, freelancers, entrepreneurs and established enterprises.

Quantifiable outcome

• Up to 18% reflective rate on glass facade maximizing natural lighting while reducing heat gain
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Chinese Harbour Engineering Company (CHEC)minorStrategic or Co-development Partner · 1 January 1990Joint venture partnership established in the 1990s between KEN and Chinese Harbour Engineering Company (CHEC) to carry out marine and land reclamation works. This partnership was formalized through the incorporation of KEN-CHEC Sdn Bhd.

Scale indicators5 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Gamuda Berhad: Malaysian infrastructure and property group with engineering origins similar to KEN's grouting and geotechnical roots. Comparable to KEN in combining engineering heritage with property development and reclamation capabilities.
• Sime Darby Property Berhad: Major Malaysian township and integrated property developer with an explicit sustainability and ESG focus. Comparable to KEN as a publicly listed Malaysian developer pursuing green credentials and integrated developments.
• Sunway Berhad: Malaysian conglomerate with integrated property, construction, healthcare and hospitality. Comparable to KEN's integrated live-work-play model through Sunway City's combination of retail, hospitality, education and cultural amenities.
• Eco World Development Group Berhad: Malaysian property developer known for sustainability-linked masterplans and green building features. Closely comparable to KEN's green-focused positioning and township development model.
• UEM Sunrise Berhad: Malaysian property developer with large mixed-use and township developments, particularly in Johor and the Klang Valley. Comparable to KEN as a Bursa Malaysia-listed developer of integrated projects in similar geographies.
• Matrix Concepts Holdings Berhad: Malaysian property developer focused on township developments in Negeri Sembilan and Greater KL. Comparable to KEN in mid-scale Malaysian township development targeting owner-occupiers.
• UOA Development Berhad: Malaysian property developer known for integrated commercial and residential developments in the Klang Valley including Bangsar South. Comparable to KEN in Klang Valley commercial/residential mixed-use developments.
• SP Setia Berhad: Largest Malaysian listed property developer with integrated residential and commercial townships. Highly comparable to KEN in developing mixed-use projects, though at materially larger scale and broader geographic reach across Malaysia and internationally.
• Mah Sing Group Berhad: Malaysian developer focused on residential and commercial projects including affordable housing segments. Comparable to KEN's mix of mid-market residential (KEN Damansara) and commercial offerings.
• IOI Properties Group Berhad: Integrated Malaysian property developer covering residential, commercial and retail developments including IOI City Mall. Comparable to KEN's diversified property portfolio and recurring income from investment properties.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/KENGreenBook
• Facebookfacebook.com/KEN.Greenbook
• Instagraminstagram.com/kengreenbook

Compliance17 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 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 KEN Holdings