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NCT Land Partners with Kuala Langat Municipal Council to Promote Smart Industrial Park and Urban Development Plans
In addition to the industrial park, the partnership extends to the overall industrial master plan and redevelopment projects aligned with local urban planning in Kuala Langat. This includes integrating smart city features, digital infrastructure, IoT systems, as well as human-centered amenities such as parks, markets, and community halls.
Sabah has been expanding rapidly recently. Earlier this year, NCT acquired a stake in a Sabah-based property developer , a move that suggests something big could be on the horizon in the coming year.
NCT Alliance Bhd’s potential gross development value (GDV) is set to nearly double to RM10bil with the injection of two industrial parks – NCT Smart Industrial Park (NSIP) in Sepang, Selangor, and NCT Innosphere (NIS) in Bukit Kayu Hitam, Kedah
NCT Alliancce are making their mark in Sabah and Sarawak through Ion Marina Bay in Putatan, Sabah, a 250-acre mixed development with a GDV of RM3.4bil, integrating commercial components with residential offerings
The second half of this year should be quite exciting. They’ll be launching the first phase of Ion Borneo Garden, their first property project in Sabah, worth about RM97 million in total
That RM97 million Ion Borneo Garden launch in Sabah sounds like a significant catalyst for the second half of the year. It'll be interesting to see how that initial phase performs and impacts the company's trajectory.
For the remaining half of FY2025, NCT Alliance expects its launch pipeline to boost revenue. Upcoming launches include Phase 1 of its maiden development in Sabah, Ion Borneo Garden, Phase 3 of Ion Belian Garden and Ion Marina Bay.
