MELAKA, Property developer MTD Properties Sdn Bhd is set to launch a major development project in Ayer Keroh with an estimated investment value of RM4 billion.
Melaka Chief Minister Datuk Seri Ab Rauf Yusoh said the investment reflects strong private sector confidence in the state’s growth potential and is expected to deliver significant benefits to the local community.
“This large-scale investment will generate employment opportunities, stimulate economic activity, and bring positive socio-economic impact to the people,” he said at the opening of MTD Properties’ new sales office in Ayer Keroh.
Also in attendance were State Health, Human Resources and Unity Committee chairman Datuk Ngwe Hee Sem, State Secretary Datuk Azhar Arshad, MTD Group director Nik Faizul Nik Hussain, and Chief Operating Officer Dr Nik Fauzan Nik Faizul.
Ab Rauf noted that MTD Properties has been active in Melaka since 1995, completing 41 projects across residential, commercial, and industrial segments, with a cumulative investment of RM4.5 billion.
He added that 65.76 hectares in Taman Tasik Utama have been developed in partnership with the state government, delivering public amenities such as schools, a mosque, parks, and other community infrastructure.
The developer’s ongoing projects include MTD Cinerea Heights, MTD Nexus 28 Industrial Park, and MTD Elysia Heights.
