Berjaya Assets Berhad

What Berjaya Assets Berhad does

Berjaya Assets Berhad is a Malaysia-based public property development and real estate management company, listed on Bursa Malaysia under the ticker KLSE:BJASSET since 17 August 1978, with company registration number 196001000237 [3907-W]. The company is headquartered at Lot 08-16, Level 8, Berjaya Times Square in Kuala Lumpur, and operates as a related company within the Berjaya Corporation Berhad group.

The company's core asset is Berjaya Times Square, described as one of Malaysia's largest retail and commercial developments. Its business model centers on property development and the ongoing management of this integrated retail and commercial complex, generating revenue through rental and ancillary income from retail and commercial tenants occupying the development. No additional product lines, geographies, or operational units are described in the available input material, indicating a single-asset-focused operating profile.

The company is part of the broader Berjaya Group of companies under Berjaya Corporation Berhad, which provides corporate affiliation and ecosystem benefits but also means strategic direction is shaped within a larger conglomerate context. The input data does not disclose headcount, revenue figures, pricing models, recent capital raises, M&A activity, or digital/technology capabilities, limiting the depth of operational analysis possible from this source set.

Name

Berjaya Assets Berhad

Legal name

Berjaya Assets Berhad

Website

https://berjaya.com

Company type

Public

Founded year

1978

Operating status

Operating

Short description

Berjaya Assets Berhad is a Malaysia-listed property development and real estate management company that owns and operates Berjaya Times Square, one of Malaysia's largest retail and commercial developments in Kuala Lumpur, as part of the Berjaya Corporation group.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate Property Managers (53131)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK), Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

Keywords

• Property development
• Real estate investment
• Commercial property leasing
• Asset management
• Integrated retail development

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Others

Distribution channels1 record

Marketing channels1 record

Core offering

Berjaya Assets Berhad operates as a property developer and asset management company, primarily developing and managing Berjaya Times Square, one of Malaysia's largest integrated retail and commercial projects in Kuala Lumpur. The company's main activities encompass property development, property investment, and asset management within the Malaysian real estate market, with the development including retail spaces, commercial offices, and hospitality components.

Product overview

Berjaya Assets Berhad operates primarily as a property developer and asset management company. Its core product is the development and management of Berjaya Times Square, one of Malaysia's largest integrated retail and commercial projects located in Kuala Lumpur. The company's main business activities center around property development, property investment, and asset management within the Malaysian real estate market.

Differentiator

Problem solved

Functional benefit

Products and services

• Berjaya Times Square One of Malaysia's largest retail and commercial projects developed by Berjaya Assets Berhad, serving as an international landmark for Kuala Lumpur city. The development includes retail spaces, commercial offices, and hospitality components, and serves retail and commercial tenants.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Berjaya Corporation Berhadparent/group companyOthersBerjaya Assets Berhad is listed as a related company under the Berjaya Group of companies. It operates as part of the larger Berjaya conglomerate network.

Scale indicators2 records

Recent moves2 records

Regional players

• UEM Sunrise Berhad: Malaysian-listed property developer with flagship integrated developments in Johor and the Klang Valley. Comparable as a Malaysian publicly-listed property developer focused on large-scale mixed-use developments, though slightly more residential-weight.

Broad incumbents

• IOI Properties Group Berhad: Malaysian property developer and asset manager with a portfolio of integrated townships, retail, and commercial properties. Comparable as a broader Malaysian property group with significant commercial and retail assets.
• Sime Darby Property Berhad: Large Malaysian property developer with integrated townships and commercial properties. Comparable as a major Malaysian publicly-listed property company with significant landbank and asset management exposure.

Direct peers

• Sunway REIT: Malaysian REIT with a diversified portfolio of retail, hotel, office, and industrial properties. Highly comparable to Berjaya Assets as a public-listed Malaysian entity holding large-scale mixed-use real estate assets for leasing income.
• IGB REIT: Malaysian REIT holding premium retail and commercial properties in Kuala Lumpur, including Mid Valley Megamall. Comparable as a Malaysian REIT focused on high-traffic retail and commercial properties.
• SP Setia Berhad: One of Malaysia's largest publicly-listed property developers, with townships and integrated commercial developments. Comparable as a large-scale Malaysian property developer with mixed-use project experience.
• Mah Sing Group Berhad: Malaysian property developer focused on residential and commercial developments. Comparable as a Malaysian publicly-listed property developer and asset manager, though not a REIT structure.
• CapitaLand Malaysia REIT: Malaysia-focused REIT investing in retail, office, and industrial properties. Comparable as a Malaysian real estate investment vehicle with diversified income-producing commercial assets.
• Pavilion REIT: Malaysian REIT focused on retail malls in Kuala Lumpur, including the iconic Pavilion KL. Directly comparable as a Malaysian REIT operator of premium retail and commercial real estate serving similar tenant bases.
• KLCC Stapled Group (KLCC REIT): Holds and operates the Petronas Twin Towers, Suria KLCC shopping mall, and surrounding commercial properties. Comparable as a large-scale Malaysian REIT operator of iconic Kuala Lumpur integrated retail-commercial landmarks.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/berjaya-corporation-berhad

Revenue estimate

Valuation estimate

Number of profiles

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 Berjaya Assets Berhad