Tokyu Land Corporation
Titijaya Land Berhad
Pride - A Subsidiary of Prasarana Group
Titijaya Land Berhad
Tokyu Land Corporation
Pride - A Subsidiary of Prasarana Group

TITIJAYA LAND BERHAD

TITIJAYA LAND BERHAD (“Titijaya” or “the Group”), a name synonymous with modern and innovative property development, is an urban lifestyle developer in Malaysia poised for greater growth after more than two decades in the property industry.

Titijaya has proven to be a notable property developer with its successful high-rise residential projects, integrated developments, commercial hubs, SoHo and industrial developments. Over the years, Titijaya has been awarded with accolades such as The Asia Pacific Property Awards Development in association with American Standard 2019-2020, and The Edge Top Property Developers Awards 2019. It has also received the CSR Malaysia Awards 2019 in recognition of its outstanding CSR initiatives.

Recognized by the industry for its outstanding product offerings, the Group is highly regarded for its brand presence, achievements, as well as its many successful developments in the most sought-after growth areas.

In line with the Group’s mission, “to build properties that people will buy, appreciate and want to buy again”, Titijaya is always adapting to changing market trends and introducing new types of products that fit the customers’ needs.

TOKYU LAND ASIA

Tokyu Land Asia ("TLA") is a company incorporated in Singapore which is the wholly owned subsidiary of Tokyu Land Corporation ("TLC"), one of Japan’s prominent real estate developers established in 1953. TLC is a major subsidiary of Tokyu Fudosan Holdings Corporation ("TFHD"), which is listed on the Tokyo Stock Exchange and included in the Nikkei 225 Index. TFHD is also included in the Dow Jones Sustainability Index (Asia Pacific) since 2012. As at 31 March 2021, TFHD had revenue of JPY 907 billion (MYR 34.9 billion) and total assets of JPY2,652 billion (MYR 102 billion).

TFHD Diversified Japanese conglomerate listed on the Tokyo Stock Exchange with more than 170 subsidiaries and more than 23,000 employees
100%
TLC Primary commercial real estate development and investment arm of TFHD
100%
TLA Southeast Asia Regional investment arm for TLC’s real estate business

TLC and its subsidiaries, as a comprehensive real estate company, has developed and managed a wide range of assets in both Japan and overseas including offices, shopping complexes, condominiums, hotels and resorts, student and senior housings, logistics, and renewable energy plants.

Within Japan, TLC has led the urban development for the Greater Shibuya Area in Tokyo with both ongoing and completed projects, including the large scale redevelopment of Shibuya Station district. In addition, TLC and its subsidiary are sponsor and manager of two REITs listed on the Tokyo Stock Exchange – Activia Properties Inc. and Comforia Residential REIT, Inc – as well as one private REIT, Broadia Private REIT, Inc., and the total Assets Under Management exceeds JPY 1,000 billion (MYR 38.5 billion).

Outside Japan, TLC and its subsidiaries have substantial real estate investment and development projects mainly in Indonesia, the United States and China. It started residential development projects in Indonesia in 1975 and in Singapore in 1980. It also established a subsidiary in the United States in 2012 and has since invested and developed office and residential projects in Los Angeles, New York, Seattle and other cities.

Land Owner

PRASARANA INTEGRATED DEVELOPMENT SDN BHD (PRIDE)

PRIDE is a subsidiary of Prasarana Malaysia Berhad, a company wholly owned by the Malaysian government. Prasarana was set up by the Finance Ministry to operate the country’s urban public transport service (LRT, MRT, KL Monorail and city bus service). It also provides management and engineering consultancy services locally and abroad while undertaking commercial and transit-oriented development within its assets.

PRIDE was established by Prasarana in 2011, with its main objective being to Increase non-fare revenue of Prasarana Group via commercialisation of rail and bus assets. Its initiatives are being driven by these following business units: 1) Property & Land; 2) Technology; 3) Retail.