What Radium Development does

Radium Development Berhad is a publicly listed Klang Valley-centric property developer operating under a 'Building Good' philosophy, with headquarters in Setapak, Kuala Lumpur. The company designs, builds, and sells residential and mixed-use properties across four sub-brands: Radius (affordable homes from RM300,000), Radium (urban residences), R Suites Prime (luxury collection up to RM1.5M+), and Revere (hospitality). Its active development portfolio includes Radium Adesa Luxe Residences, Radium Adesa @ KL, Vista Adesa @ KL, Radium Arena @ Old Klang Road, and Chancery Ampang @ KL, representing a Gross Development Value pipeline of RM3.4 billion over approximately five years.

The company operates a sales-led go-to-market model through physical sales galleries at project sites, direct sales teams, external property agents, and community engagement events. Pricing is per-unit, ranging from RM300,000 for affordable Residensi Wilayah-qualified units to over RM1.5 million for Luxe Residences. Its technology layer is the RadiumX mobile application, launched in 2025 to digitalize the buyer journey. Beyond property development, Radium has diversified into healthcare (Radium Hospital Melaka, a 140-bed facility with RM25.5 million investment) and hospitality (The Face Chancery Hotel, a RM135 million 4-star hotel joint venture opening 2028). The company has assembled a significant Klang Valley land bank through acquisitions exceeding RM574 million in 2023-2024 and reports a quarterly profit of RM7.7 million as of Q4 FYE2024.

The company targets Malaysian first-time homebuyers, urban professionals, multi-generational families, and affordable housing seekers across the Greater Kuala Lumpur region, with sales primarily occurring through direct channels and sales gallery events. Strategic partnerships include Tokyu E-Life Design (Japan) for senior living expertise, GreenRE for sustainable building practices, and TAR UMT for educational programs. The company employs 51-100 people and is led by Group Managing Director Datuk Gary Gan Kah Siong.

Name

Radium Development

Legal name

Radium Development Berhad

Website

https://radiumdevelopment.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Radium Development Berhad is a publicly listed Malaysian property developer building affordable, mid-market, and luxury residential properties across the Klang Valley, with a RM3.4 billion GDV pipeline and diversified operations spanning healthcare, hospitality, and digital platforms.

Ownership category

akta.pro rank

Headquarters

HQ city

Setapak

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development Sales: One-time sale of residential and commercial properties including affordable homes, urban residences, and luxury suites. Revenue is generated through unit sales at various price points ranging from RM300,000 to over RM1 million.
2. Hospitality Operations: Hotel operations through The Face Chancery Hotel venture, representing Radium's diversification into hospitality sector with an expected RM135 million investment
3. Healthcare Services: Radium Healthcare operations including hospital development in Melaka, marking entry into healthcare sector

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Radium Development Berhad is a Klang Valley-centric property developer that builds and sells residential and mixed-use real estate, spanning affordable homes (Radius), urban residences (Radium), luxury suites (R Suites), and SOHO units (Chancery Ampang). The company manages the full lifecycle from land acquisition, design, construction, and sales through handover. It has diversified into healthcare (Radium Healthcare, including Radium Hospital Melaka) and hospitality (The Face Chancery Hotel), and offers the RadiumX mobile application to digitalise the buyer journey.

Product overview

Radium Development Berhad is a Klang Valley-centric property developer offering a multi-pillar portfolio spanning affordable homes, urban residences, luxury suites, and hospitality. The company's core residential products are organized under sub-brands: Radius (affordable homes), Radium (urban residences), R Suites Prime (luxury), and Revere (hospitality). The main active development projects include Radium Adesa Luxe Residences (luxury, Sungai Besi), Radium Adesa @ KL (residential, Sungai Besi), Vista Adesa @ KL (affordable/Wilayah-qualified, Sungai Besi), Radium Arena @ Old Klang Road (residential, freehold), and Chancery Ampang @ KL (SOHO/freehold). Beyond property development, Radium has diversified into healthcare through Radium Healthcare (including Radium Hospital in Melaka) and offers a digital mobile application called RadiumX to support the home buyer journey. The company recently entered the hospitality sector with The Face Chancery Hotel (4-star, opening 2028).

Differentiator

Problem solved

Functional benefit

Brands

• Radius: Affordable homes brand offering cost-effective vertical homes for Malaysian residents
• Radium
• R Suites
• Revere
• Radium Healthcare
• RadiumX

Products and services

• Radium Adesa Luxe Residences Signature luxury residential collection in Sungai Besi, KL, comprising 129 premium units across Tower A and C, priced from RM1,130,000 to RM1,562,000, 99-year leasehold, with completion expected Q4 2027. Targets affluent buyers seeking high-rise luxury living.
• Radium Adesa @ KL Mainstay urban residential development in Sungai Besi, Kuala Lumpur, comprising 1,218 units across three blocks ranging from 850 sq ft to 2,560 sq ft, priced from RM498,000. Targets first-time buyers and urban families with completion expected Q4 2027.
• Vista Adesa @ KL Affordable Residensi Wilayah-qualified development in Sungai Besi, Kuala Lumpur, offering 800 sq ft units with 3 bedrooms and 2 bathrooms priced from RM300,000 to RM318,000. Targets buyers eligible for the government-backed affordable housing programme for Federal Territory residents.
• Radium Arena @ Old Klang Road Freehold residential development along Jalan Klang Lama comprising 988 suite apartment units across two blocks (494 each), with unit sizes ranging from 658 sq ft to 920 sq ft, priced from RM436,000 to RM569,000. Expected completion November 2028.
• Chancery Ampang @ KL Freehold commercial SOHO/2-bedroom development on Jalan Ampang, Kuala Lumpur, comprising 944 units (452-861 sq ft), priced from RM422,000 onwards. Features KL city's first pet-friendly high-rise park. Targets urban professionals seeking compact city living with commercial flexibility. Expected completion November 2027.
• Radium Healthcare Healthcare division of Radium Development Berhad encompassing Radium Hospital Melaka (140-bed hospital in Ayer Keroh) and wellness initiatives. Targets the Malaysian healthcare market with a unit revenue target of RM100 million annually within five years.
• RadiumX Mobile Application Mobile application launched to enhance the property buying and ownership experience for Radium customers, providing digital tools for the home buyer journey. Sold/downloaded as a standalone digital product supporting the wider property portfolio.
• The Face Chancery Hotel Radium's first 4-star hotel developed in partnership with The FACE Style Hotel Management Sdn Bhd, located at Chancery Ampang, Kuala Lumpur, with RM135 million investment and expected opening in 2028. Operates under the Revere hospitality brand.

Quantifiable outcome

• RM3.4 billion GDV pipeline provides revenue visibility for approximately five years
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Tokyu E-Life DesigncoreStrategic or Co-development Partner · 3 July 2026Partnership to strengthen senior living expertise for Malaysia's aging population. Tokyu E-Life Design brings Japanese expertise in senior living and elderly care housing development to support Radium's expansion into senior living segment.
• Robinuo Learning HubminorStrategic or Co-development Partner · 20 June 2026Collaboration for robotics weekend educational events at Radium Arena Sales Gallery, promoting STEM education and community engagement
• The Face Style Hotel ManagementcoreStrategic or Co-development Partner · 10 June 2026Partnership for hospitality operations at The Face Chancery Hotel. Radium invested RM135 million in its first hotel venture, with The Face Style managing 4-star hotel operations expected to open in 2028.
• Platinum Victory GroupminorStrategic or Co-development Partner · 16 May 2026Co-organizer of Wellness Day 2026 event bringing together healthcare providers, wellness brands, and community for blood donation drive and health awareness activities.
• Southern Score Builders BerhadminorStrategic or Co-development Partner · 16 May 2026Co-organizer of Wellness Day 2026 community wellness initiative alongside Platinum Victory Group.
• Radium HealthcarecoreStrategic or Co-development Partner · 16 May 2026Healthcare division showcasing services at community wellness events. Radium Healthcare includes Radium Hospital Melaka (140-bed facility in Ayer Keroh) and represents company's diversification into healthcare sector.
• ReGen HospitalminorOthers · 16 May 2026Healthcare partner participating in Wellness Day 2026 community health event
• Alpro PharmacyminorOthers · 16 May 2026Healthcare and wellness partner participating in community health events organized by Radium
• Tzu Chi MalaysiaminorStrategic or Co-development Partner · 27 July 2025Support for Tzu Chi's 30th anniversary environmental programme including 'Go Green, Go Plogging' initiative. Radium previously supported Tzu Chi's community recycling center at Residensi Teratai.
• Pertiwi Soup KitchenminorStrategic or Co-development Partner · 5 March 2025Three-year partnership supporting homeless and underprivileged communities in Kuala Lumpur through food distribution. Radium contributed RM12,000 and volunteer support for meal distribution to recipients.
• GreenREminorStrategic or Co-development Partner · 28 November 2024MOU signing to integrate sustainable green building practices into construction projects. Partnership focuses on introducing environmental sustainability elements and green building certification to Radium developments.
• Tunku Abdul Rahman University of Management and Technology (TAR UMT)minorStrategic or Co-development Partner · 29 January 2023TARC-Radium Care Student Loan scheme providing RM500,000 in interest-free loans over five years for students in financial need. Partnership also includes covered walkway infrastructure connecting campus to LRT station valued at RM600,000.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• IOI Properties Group Berhad: Major Malaysian property developer with significant Klang Valley township and high-rise residential developments; comparable in product mix, geographic footprint, and pricing tiers spanning affordable to luxury.
• Sime Darby Property Berhad: Listed Malaysian property developer with integrated townships and residential projects in Klang Valley and beyond; comparable in master-planned community development, mixed-use projects, and listed-company governance.
• Mah Sing Group Berhad: Malaysian developer focused on affordable and mid-market residential developments primarily in Klang Valley; directly comparable in pricing tier (RM300K-RM800K range), geographic concentration, and target first-time buyer segment.
• UEM Sunrise Berhad: Malaysian property developer with flagship projects in Johor and Klang Valley including high-rise residential; comparable in residential product mix and Malaysian market focus.
• Eastern & Oriental Berhad: Malaysian developer with luxury residential and mixed-use developments in KL and Penang; comparable in luxury tier offerings (similar to Radium's R Suites) and Malaysian listed-developer profile.
• Matrix Concepts Holdings Berhad: Malaysian developer with integrated townships and residential projects; comparable in residential product strategy and Bursa Malaysia listing with similar mid-market positioning.
• Paramount Corporation Berhad: Malaysian property developer focused on residential and commercial projects in Klang Valley and Penang; comparable in mid-market residential development and Bursa Malaysia listing scale.
• Eco World Development Berhad: Malaysian property developer focused on eco-friendly townships and residential projects with sustainability emphasis; comparable in Klang Valley residential focus and ESG positioning, though at larger township scale.
• S P Setia Berhad: Malaysia's largest listed property developer with extensive Klang Valley and national residential project portfolio; directly comparable in business model (land acquisition to construction to sales), product category (mid-market and luxury residences), and target buyer segments.

Broad incumbents

• Sunway Berhad: Diversified Malaysian conglomerate with significant property development arm (Sunway Property) plus construction, healthcare, and hospitality; directly comparable in property development but materially broader in business scope than Radium.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@RadiumDevelopment
• Facebookfacebook.com/radiumdevelopment.my
• LinkedInlinkedin.com/company/radiumdevelopmentmy
• Instagraminstagram.com/radiumdevelopment.my
• TikToktiktok.com/@radiumdevelopment.my

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 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 Radium Development