Ehsan Bina Group of Companies

What Ehsan Bina Group of Companies does

Ehsan Bina Group of Companies (legal entity: Ehsan Bina Sdn. Bhd.) is a privately held, family-owned construction and property development firm headquartered in Kuala Lumpur, Malaysia. Founded on August 2, 1989 by Lai Choon Kong, the company operates two integrated business lines: (1) construction services as a CIDB Grade 7 licensed contractor with ISO 9001:2015 certification, executing building, civil, mechanical and electrical engineering works; and (2) property development across residential, commercial, and industrial asset classes. Since inception the company has delivered more than 44 projects with aggregate contract value exceeding RM1.4 billion, including notable institutional clients such as Taylor's University (RM200 million, 2009), Standard Chartered Bank's Menara, M Resort & Hotel (RM121 million, 2022), and Silverlakes Brand Village Outlet (RM123 million, 2021).

The firm's flagship current development is ForestHill Residences in Damansara Perdana, a 618-unit, two-tower high-rise condominium (Tower A: 38 storeys; Tower B: 35 storeys) built on rehabilitated former quarry land with gross development value of RM490 million, 85% taken up as of December 2024 and topping-out achieved in December 2025. Construction projects win via direct enterprise field sales, while residential units are sold direct-to-consumer through on-site sales galleries with financing facilitated by a Maybank Islamic HouzKEY MoU signed in May 2024 that offers 100% financing with no downpayment.

The company monetizes exclusively through project-based, one-time transactions: construction contracts billed per project milestone, and property sales recognized per unit sold. Revenue and cash flow are therefore inherently lumpy and project-cycle dependent. Geographic footprint is limited to four Malaysian states (Kuala Lumpur, Selangor, Perak, Pahang) with no international operations. Leadership transitioned in June 2023 from founder Lai Choon Kong to his daughters Jamie Lai (Group CFO, LSE/ICAEW, ex-Deloitte) and Adelynn Lai (Executive Director of Marketing, Master of Architecture from University of Melbourne), professionalizing the C-suite while preserving family ownership and control.

Name

Ehsan Bina Group of Companies

Legal name

Ehsan Bina Sdn. Bhd.

Website

https://ehsanbina.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Ehsan Bina Group is a privately held Malaysian construction and property development firm founded in 1989, operating as a CIDB Grade 7 contractor and developer serving institutional clients and residential buyers across Kuala Lumpur, Selangor, Perak, and Pahang with an integrated developer-contractor model.

Ownership category

akta.pro rank

Product category

Construction and Property Development Services

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721), Nonresidential Building Construction (2362)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Building construction services
• Residential property development
• Commercial construction contracts
• Industrial property development
• Civil engineering works

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Construction Contracts: The company earns revenue through construction contracts as a CIDB Grade 7 contractor, completing building construction, civil, mechanical and electrical engineering works for various clients. Revenue is project-based and typically one-time per contract.
2. Property Development Sales: Revenue generated from sale of residential, commercial, and industrial properties developed by the company. ForestHill Residences is the flagship current project with GDV of RM490 million.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Ehsan Bina Sdn. Bhd. is a CIDB Grade 7 licensed Malaysian construction contractor and property developer. The company delivers building, civil, mechanical and electrical engineering construction works for institutional, commercial and industrial clients, and develops residential, commercial and industrial properties. Its flagship development is ForestHill Residences, a 618-unit high-rise condominium in Damansara Perdana built on rehabilitated former quarry land with RM490 million gross development value.

Product overview

Ehsan Bina Group of Companies operates two core business lines: (1) Construction Services, providing building, civil, mechanical, and electrical engineering construction works as a CIDB Grade 7 licensed contractor; and (2) Property Development, encompassing a portfolio of residential (ForestHill Residences, ForestHill Damansara, Casa Residence, Casa Villa), commercial (Semenyih Business Hub), and industrial (Saujana Teknologi Rawang, Balakong Industrial Park, Ijok Industrial Park) projects. The flagship development is ForestHill Residences in Damansara Perdana, a high-rise residential project built on rehabilitated former quarry land, while the company's construction arm has completed over 44 projects totalling more than RM1.4 billion since 1989.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Services

Quantifiable outcome

• 77% Qlassic quality score achieved by CIDB in August 2015
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Two partnerships are on record, tiered flagship.

• Daikin MalaysiaflagshipTechnology or Integration · 18 May 2024Strategic partnership for sustainable home fitting providing state-of-the-art air conditioning systems with WiFi functionality. Daikin products include air conditioners and purifiers controllable via GODAIKIN mobile application for temperature and humidity control. Partnership aims to promote energy-efficient technologies and eco-friendly practices among residents.
• Teka GroupflagshipTechnology or Integration · 18 May 2024Exclusive partnership for providing sustainable kitchen appliances and home furnishings for ongoing and upcoming projects. Partnership aims to enhance living experiences with quality kitchen utensils and promote utilization of green materials among residents.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kimlun Corporation Berhad: Klang Valley-based construction and property developer with CIDB Grade 7 capability and a track record of building residential, commercial and industrial projects; similar mid-cap Malaysian integrated profile to Ehsan Bina.
• MKH Berhad: Klang Valley-based property developer with mixed residential, commercial and industrial projects in Selangor, similar mid-market positioning to Ehsan Bina's development portfolio.
• Pintaras Jaya Berhad: Klang Valley construction specialist with property development exposure; comparable mid-sized Malaysian private-leaning contractor-developer profile.
• WCT Holdings Berhad: Malaysian construction and property developer with both building works and township/condominium development arms — comparable in combining CIDB-grade construction with branded residential launches.
• Crescendo Corporation Berhad: Malaysian integrated property and construction group focused on residential and industrial developments in Selangor — overlapping geographic and product footprint with Ehsan Bina's Klang Valley and Selangor portfolio.
• OCR (Oriental Crest) Berhad: Malaysian property developer focused on residential and commercial developments in the Klang Valley and Selangor — comparable niche-scale Malaysian developer.
• Gadang Holdings Berhad: Malaysian integrated construction and property developer with CIDB Grade 7 status and a portfolio spanning residential, commercial and industrial developments — directly comparable to Ehsan Bina's integrated developer-builder model in the same Malaysian mid-market.

Broad incumbents

• Gamuda Berhad: Major Malaysian infrastructure and property developer; overlapping end-markets (residential townships, construction) but at significantly larger scale than Ehsan Bina.
• IJM Corporation Berhad: Large established Malaysian construction and property conglomerate with a CIDB Grade 7 construction arm and significant property development pipeline — broader scale incumbent in the same integrated construction + development space.

Regional players

• Talam Transform Berhad: Malaysian property developer with a Klang Valley focus on residential and commercial projects — comparable mid-sized Malaysian developer competing in the same geographic sub-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ehsanbinasdnbhd
• Facebookfacebook.com/ehsanbinagroup
• LinkedInlinkedin.com/company/ehsan-bina-group-of-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Ehsan Bina Group of Companies