KUALA LUMPUR: Eco World Development Group Bhd
(EcoWorld) is selling two parcels of industrial land in Kulai, Johor, for about RM280.8mil to a regional hyperscale data centre specialist.
In a statement, the group said its wholly-owned unit, Eco Business Park 6 Sdn Bhd, has entered into a conditional sale and purchase agreement with KNBDC Malaysia Five Sdn Bhd.
The land, measuring a combined 49.588 acres, is located at EcoWorld’s QUANTUM Edge industrial park in Iskandar Malaysia.
EcoWorld president and chief executive officer Datuk Chang Khim Wah said the deal marks the final take-up of industrial plots at QUANTUM Edge.
“We are delighted to welcome KNBDC to QUANTUM Edge, which was launched in June 2024, specifically designed to cater to the needs of market-leading data centres and other high-tech customers.
“KNBDC is buying the last two parcels of industrial lands at QUANTUM Edge and they will be joining Microsoft and Princeton Digital Group here, making this one of the largest digital and high-tech hubs by a private developer in Malaysia,” Chang said.
He said the presence of global technology players reflects continued confidence in the group’s industrial parks and the broader Iskandar Malaysia region.
“It is a true testament of the continued attractiveness of Iskandar Malaysia as a prime investment destination for discerning global and regional investors,” he added.
Chang said that the strong infrastructure development and investments within the Johor-Singapore Special Economic Zone have helped build a robust ecosystem for digital and high-tech industries.
The group said the transaction builds on a strong start to its financial year 2026, having achieved 52% of its full-year sales target in the first four months.
Industrial sales contributed 36% of total sales during the period, with the latest deal expected to further boost contributions from the segment, underlining sustained demand for its industrial offerings.
