- Business
- Berjaya Property Berhad, formerly known as Berjaya Land Berhad, is a Malaysia-based investment holding and management company primarily engaged in property development, property investment, gaming and lottery management, hospitality and leisure operations, and luxury motor vehicle distribution. The company operates across five core business segments: Property Development and Investment, which designs, develops, and manages master-planned townships, high-rise residential condominiums, luxury landed villas, commercial office complexes, and retail shopping centers, with key projects including Times Square 2 in Kuala Lumpur, Jesselton Courtyard in Penang, Oaka Residences in Bukit Jalil, and Bayu Timur Residences in Shah Alam; Gaming and Lottery Operations, which conducts licensed 4D and Toto numbers forecast betting operations through STM Lottery Sdn Bhd, alongside the provision of computerized wagering equipment, lottery terminals, and system software via International Lottery & Totalizator Systems, Inc.; Hospitality and Leisure, which owns, develops, and manages international luxury hotels, eco-resorts, vacation timeshare memberships, championship golf courses, and marina clubs under the Berjaya Hotels & Resorts and ANSA brands, as well as prestigious overseas hospitality assets including the Four Seasons Hotel and Hotel Residences Kyoto and the Four Seasons Resort & Private Residences Okinawa; Motor Retailing, which distributes, retails, and services ultra-luxury and prestige automobiles in the United Kingdom through H.R. Owen Plc, representing brands such as Rolls-Royce, Bentley, Ferrari, Aston Martin, Lamborghini, Bugatti, and Maserati; and Ancillary Services, which provides private executive air charter services through Berjaya Air, rail transport infrastructure engineering, and environmental management solutions.
The company markets its products and services to individual homebuyers, corporate commercial tenants, leisure and business travelers, retail gaming customers, and high-net-worth automotive clients across key geographic markets including Malaysia, the United Kingdom, Japan, Vietnam, Greenland, the Philippines, and the United States. Berjaya Property Berhad was incorporated in 1990 and is headquartered in Kuala Lumpur, Malaysia. The company operates as a key listed subsidiary of diversified Malaysian conglomerate Berjaya Corporation Berhad.
In recent corporate developments, the company executed a major rebranding in February 2026, changing its name from Berjaya Land Berhad to Berjaya Property Berhad and updating its Bursa Malaysia stock short name to BPROP to sharpen its corporate identity and emphasize property development and real estate investment as its core operational anchor. In July 2026, the company entered into an RM813.35 million joint venture agreement with China-based Wanli Tire Co., Ltd. to establish an automotive tire research, development, and manufacturing facility on industrial land in Ulu Selangor. In mid-2025, the group broadened its international footprint into Greenland through its subsidiary Berjaya Greenland Invest A/S, entering a partnership with Sweden-based SIBS Sdn Bhd to deploy advanced modular housing technologies for climate-resilient residential developments in Nuuk. In November 2025, the company secured a USD 70 million Islamic financing facility from the Export-Import Bank of Malaysia to support construction milestones for the Four Seasons Resort & Private Residences in Okinawa, Japan. In the hospitality sector, the company signed a strategic hotel management agreement with IHG Hotels & Resorts in late 2024 to enhance its lodging asset portfolio. Additionally, through its rail infrastructure subsidiary Berjaya Rail, the company established an industry consortium to participate in the commercial bidding and development proposals for the Kuala Lumpur–Singapore High-Speed Rail project.