PNB Development Sdn. Berhad (PNBD) is a wholly owned subsidiary of Permodalan Nasional Berhad (PNB). Incorporated on 24 June 2000, its subsidiaries include Seriemas Development Sdn. Berhad and Lakehomes Development Sdn. Berhad. Townships under development include Kota Seriemas, Kota Seri Langat, Bayu Lakehomes, Desa Pinggiran Bayu and Morib Beach Resort.
The strategic role of PNB Development is the land banking arm of the PNB Group. We have the responsibility to safeguard, nurture and develop over 9,600 acres of land owned by PNB. With properties ranging in size from under 1 acre to over 1000 acres, with varying stages of maturity, we employ a range of solutions, including master planning, to ensure sustainable returns to its shareholder.
With an investment horizon of 5 to 20 years, PNBD serves as master developer for its more sizable holdings while also being on the lookout for quality acquisitions to grow our portfolio.
We at PNB Development Sdn. Berhad (PNBD) are pleased to be a part of the tremendous growth in the land banking industry, with our commitment to facilitate the reconstruction of acreage as sustainable holdings for generations to come.
We pioneer in laying the groundwork in the distribution of strategic land parcels and master planning behind residential, commercial and industrial developments.
Our team is comprised of highly dedicated individuals equipped with in-depth knowledge on PNB Development Sdn. Berhad’s current and future ventures. We’re always ready to assist our partners, stakeholders or potential prospects, so do get in touch with us to embark on new, exciting journeys together.
Megat Rozlan Abdul Rahman