Radium Development Berhad Radium Development Berhad is a Malaysia-based investment holding company primarily engaged in property development, focusing on competitively priced high-rise residential properties in strategic urban locations within Kuala Lumpur and the Klang Valley. The company develops a range of residential products including condominiums, serviced apartments, suite apartments, and small office home office (SOHO) units; it also undertakes affordable housing projects such as Residensi Wilayah (formerly RUMAWIP) and PPAM (formerly PPA1M) to support government initiatives for accessible housing; additionally, it pursues mixed-use developments incorporating commercial spaces, hospitality assets like hotel rooms, and emerging healthcare facilities including Radium Hospital @ Ayer Keroh, a 140-bed tertiary care medical center. Operations span property development, construction contracts, sale of goods, management consultancy, project management, information technology activities, and hotel operations, with a landbank exceeding 34 acres in Kuala Lumpur following recent expansions. Founded on March 19, 2013, and headquartered at No. 7-2, PV7, Jalan Melati Utama 2, Taman Melati Utama, Setapak, Kuala Lumpur, the company converted from Radium Development Sdn Bhd to a public limited company in September 2021. Recent developments include the November 2024 acquisition of 13 acres of leasehold land in Cheras for RM458 million from related party Dupion Development Sdn Bhd for a mixed-use project with serviced apartments and commercial spaces, boasting a gross development value of RM2.54 billion and expected completion by mid-2025; a December 2024 purchase of 2.56 acres in Bandar Ampang, Selangor, for RM45 million to bolster its Klang Valley presence; and strategic land acquisitions in Pandan Indah with an estimated GDV of RM470 million, alongside ongoing construction of projects like Residensi Desa Timur and launches such as Chancery Residences in Ampang.