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Asia-Pacific: Five Largest Terraced Housing Construction Projects Started in Q1 2022

  • With a project value of $200 million, the HBL – Templer Residence – Selangor project was the largest Terraced Housing project in the Asia-Pacific, on which construction started in Q1 2022. The HBL – Templer Residence – Selangor project is located in Malaysia and initially announced in Q4 2019 with an estimated completion in Q4 2025. The LBS – Dengkil Residential Community – Selangor project was the second-largest project with a project value of $60 million, on which construction work started in Q1 2022. The LBS – Dengkil Residential Community – Selangor project is located in Malaysia and initially announced in Q1 2020 with an estimated completion in Q4 2025.

  • The ASF – The Peninsula Hope Island Community – Queensland project was the third-largest project, the SIMEPROP – Ilham Residence 2 – Selangor was the fourth-largest project, and the IJM – Sanctuary Terrace – Penang was the fifth-largest project with a project value of $50 million, $40 million and $25 million respectively. The ASF – The Peninsula Hope Island Community – Queensland project located in Australia was announced in Q2 2020 with an estimated completion in Q4 2023, the SIMEPROP – Ilham Residence 2 – Selangor project located in Malaysia was announced in Q3 2021 with an estimated completion in Q4 2025 and the IJM – Sanctuary Terrace – Penang project located in Malaysia was announced in Q2 2021 with an estimated completion in Q3 2023.

  • Among the five largest projects, the LBS – Dengkil Residential Community – Selangor project is the longest in terms of completion date, with construction expected to be completed in Q4 2025. On the other hand, the IJM – Sanctuary Terrace – Penang project is the shortest in terms of completion date, with construction expected to be completed in Q3 2023.

Asia-Pacific: Five Largest Terraced Housing Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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