GCP Resources Sdn Bhd owns a piece of 5 acres’ industry land worth RM30million, located in Prime area of Skudai, Batu 8 ½ since 2016.

The land is constructed with 3 blocks of industrial buildings (Blok A, B & C) where Blok A comprises of 28 badminton court while Blok B comprises 6 futsal courts, known as “Hot Sport Arena”. Blok C premise is now operating as a food court restaurant and steamboat restaurant with a gross floor area of 12,000 sq ft, accommodating more than 100 tables.

Due to the strategic location, the sport complex is now being the top selection of most sport lovers and also the place for annual sport events by nearby primary & secondary schools as well as the training grounds for school’s badminton team.

The land acquisition is part of the Group’s intention to keep land bank for future mixed development use. The 5 acres land for mixed development shall carry a Gross Development Value of circa RM80 millions.

Incorporated on 06/10/2009, the company is an investment arm cum property management and hotel operation for one of the Goh families’ diversification portfolio into hospitality industry. Started in 2009, the company has acquired a piece of land cum a 10 storey boutique hotel building with 78 rooms capacity in Batu Pahat, known as “Silver Inn Hotel”.

There is a great potential for hotel & tourism development where the Group is actively looking for partnership with international hotel management team for upgrading to become 4-5 star hotels within the Batu Pahat area, by knowing there is currently only one 4-star rated Hotel in Batu Pahat.

In addition, the company is also an investment arm for property investment and invested in residential & commercial properties. Within 5 years’ time, the company has a vast investment in prime location properties, ie: KL & Johor with total initial investment of RM20m and todate, the total investment value of properties has exceeded RM30m due to value appreciation.

The company now owns more than 130 acres of land in Johor, particularly in Muar & Tangkak, situated along the main trunk road of Muar-Tangkak, planted with matured oil palms. Out of the 120 acres, approx. 35 acres has been replanted as Durian crops, D-197 variety, which is more commonly known as “Musang King Durian”. The group is planning to further replant to a total of 70 acreage for Durian Crops. Other than plantation land, the Group also owns approx. 25 acres of commercial and housing land bank within the existing township of Tangkak meant for future mixed development use.

This company owns 81 pieces of converted residential development land with KM approval for development of 81 unit of residential dwelling houses in township of Kota Tinggi. They also own a 50,000 square feet land which is zoned as low cost & medium cost flat development which is to cater for 60 unit of low cost housing development. Entire Gross Development Value is approx. RM40 millions. The group is actively seeking for experienced developers for Joint Venture opportunity to develop the said land and currently is in negotiation with few local developers. Other than residential development, the group also owns a total of 4 acres commercial land in Kota Tinggi which is to be developed into 48 unit of 2 storey shop-houses with Gross Development Value of RM28 millions.

The company owns an area of 6.2 acres industrial land within matured industrial estate of Bandar Baru Permas Jaya. The land is situated right between 2 listed companies’ existing factory premise which has huge potential for industrial development. The group has planned to develop the land into light industrial factory for 60 unit of 1 ½ storey terrace factory, with estimated gross development value of RM78 millions in near terms.

The company owns 7 pieces of commercial land in Sungei Rengit @ Pengerang Johor. Strategically located within the township of Pengerang. Pengerang is currently housed with Petroliam Nasional Berhad (PETRONAS), Malaysia’s national oil and gas company, is developing the $27 billion Pengerang Integrated Complex (PIC) in Johor, Malaysia – one of the largest of the kind in the world constructed at a single time. At the heart of PIC is the Refinery and Petrochemical Integrated Development (RAPID) project with a 300,000 barrels-per-day (BPD) refinery and a petrochemical complex with a combined 3.609 million metric tons-per-year production capacity.

On 28/03/2018, Petroliam Nasional Bhd (Petronas) and Saudi Aramco has formed two joint ventures for the Refinery and Petrochemical Integrated Development (RAPID) project. Saudi Aramco is to invest USD 7billions for the Pengerang Rapid Project.

The 7 pieces of land has been constructed with 7 unit of independent 4 storey commercial buildings and 3 unit has been completed, while the rest 4 unit has reached 70% construction stage. The total development is approx. RM15 millions. All 7 units is looking for potential investors for acquisition or long term leasing. With the on-going development and expansion of Pengerang Rapid Project, the commercial lots in Pengerang is now said to weight as gold mine for investors and land owners.