UOA Development Bhd (UOA Development) engages in property development, construction, hospitality operations and investment property management primarily in Malaysia. The company develops and constructs residential properties including The Goodwood Residence, Aster Green Residence, Laurel Residence, Bamboo Hills Residences, Aster Hill and Duo Tower; commercial properties such as office towers and retail spaces; and integrated townships like Bangsar South. It also operates hotels, service apartments, restaurants, co-sharing spaces and medical healthcare facilities through its others segment, with subsidiaries including Ceylon Hills Sdn Bhd and Concord Housing Development Sdn Bhd.
UOA Development, the development arm of UOA Group founded in 1987 and headquartered at Wisma UOA Bangsar South in Kuala Lumpur, Malaysia, focuses on prime high-return growth areas in the Klang Valley. Incorporated in 2004 and listed on Bursa Malaysia in 2011, the company maintains a land bank exceeding 80 acres and targets residential, commercial and hospitality customers with projects delivering gross development values over RM21 billion to date.
In recent developments, UOA Development records RM1 billion in new property sales for 2024, driven by Bamboo Hills Residences, Aster Hill, Duo Tower and Laurel Residence, with unbilled sales of RM837.4 million as of December 31, 2024. The company more than doubles third-quarter net profit to RM115.63 million in 2025 amid surging progress billings from medical centres, residences and office towers, while planning to divest business park assets by fourth-quarter 2025 for a RM35.8 million net gain. It proposes a final single-tier dividend of 10 sen per share for fiscal 2024, reflecting higher full-year revenue of RM545.7 million and net profit of RM287.3 million.