Nestcon Secures RM355 Million Apartment Construction Contract in Kuala Lumpur

Nestcon Bhd has clinched a RM355 million contract to build two 57-storey serviced-apartment towers in northern Kuala Lumpur, signaling a strong boost to its order book for the year. The Edge Malaysia+3The Star+3EdgeProp.my+3

Awarded by Inter Sky Development Sdn Bhd, the contract brings the group’s total contract wins year-to-date to approximately RM810.43 million. The Edge Malaysia+1 Construction is slated to begin mid-November 2025 with a 34-month completion timeframe set for 14 September 2028. A 27-month defect liability period will follow practical completion. The Star+1

The development is located off the Middle Ring Road 2 (MRR2) in Taman Wahyu, Kuala Lumpur, positioning it within a key urban corridor. EdgeProp.my+1

From a property-market perspective this contract win is noteworthy. For stakeholders in commercial property in KL, office space in Bukit Jalil, industrial land in Selangor, factory activity in Puchong, and industrial property in the Subang area, it confirms healthy developer momentum in Kuala Lumpur’s inner-ring suburban market.