Subang Jaya, 7 August 2026 - Avaland Berhad celebrated the topping-out of Amika Residences (‘Amika’), with construction progressing ahead of schedule, highlighting the Group’s strong execution capabilities and commitment to timely project delivery. The development has also achieved full take-up, reflecting strong market confidence in Amika and its strategic location within a well-planned and highly connected neighborhood.
A freehold development, Amika features 468 serviced apartment units across two towers, offering a tranquil retreat that blends contemporary living with a serene and refined environment. Set against the backdrop of a 9-acre central park, the development features thoughtfully designed spaces, scenic park views and 24 retail units that enhance convenience while creating a vibrant and sustainable residential destination.
“The project has achieved 1.7 million safe man-hours without a lost time injury reflecting Avaland’s commitment to workplace safety and responsible construction. It has also received the Best Landscape Award (Excellence) and GreenRE Gold certification, reinforcing our focus on sustainable and thoughtfully designed developments. We look forward to delivering Amika to our purchasers and continuing to create quality living environment that deliver long-term value for our communities,” said Apollo Bello Tanco, CEO of Avaland, at the topping-out ceremony.
“In the months ahead, we will continue to expand Avaland’s development pipeline with the launch of projects with a combined estimated GDV exceeding RM1.0 billion in 2026. These include our third Aetas luxury residential project, Aetas Taman Desa and we will introduce, Accent Petaling Jaya, our new premium development offering a differentiated proposition within the upper mid-market segment. Both launches are expected to build on the strong market response to the second phase of Meria Commercial Hub in Cybersouth, launched earlier this year,” he added.
Together, the upcoming developments reflect Avaland’s continued focus on delivering thoughtfully designed homes across different market segments, with a strong emphasis on quality, innovation and strategic locations. They are expected to further strengthen the Group’s market presence and support future earnings growth. The Group is also reinforcing its long-term growth prospects through the recent acquisition of a 1.9-acre freehold site in Taman U-Thant, Kuala Lumpur, which is earmarked for a high-end residential development with an estimated GDV of RM700 million. This acquisition further strengthens Avaland’s landbank and supports the Group’s strategy of pursuing well-positioned development opportunities in established and sought-after locations.
For more information, please visit www.avaland.com.my.
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About Avaland Berhad
Avaland Berhad, listed on the Main Market of Bursa Malaysia since 6 April 2015, has established itself as one of Malaysia’s leading property developers, guided by a commitment to environmental stewardship, inclusive development and sustainable growth.
The Group continues to evolve its portfolio in response to changing market dynamics, strengthening its presence in the premium property segment through thoughtfully designed
developments that offer distinctive propositions for today’s discerning homeowners. By anticipating evolving lifestyles and market preferences, Avaland remains focused on delivering
quality and sustainable developments that create meaningful social and environmental impact.
For investors, Avaland presents an opportunity for sustainable long-term growth, supported by its disciplined growth strategy and ability to capture opportunities across evolving market segments. Through continuous innovation and development excellence, Avaland remains committed to doing better, delivering greater value and enhancing lives for generations to come.
For more information, please visit www.avaland.com.my.
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