Techbond Acquires Three Industrial Plots in Eco Business Park 7 for RM27.76 Million

PETALING JAYA, Nov 5 — Techbond Group Bhd has strengthened its industrial portfolio with the purchase of three parcels of industrial land located in Eco Business Park 7, Negeri Sembilan, for a total consideration of RM27.76 million.

According to the company’s filing with Bursa Malaysia, the purchase was made from Eco Business Park 7 Sdn Bhd, a joint venture between Eco World Development Group Bhd (55%), SD Guthrie Land Ventures Sdn Bhd, a subsidiary of SD Guthrie Bhd (30%), and NS Corp (15%).

The three parcels — identified as Lots 3003, 3004, and 3005 — were acquired at prices of RM70, RM70.02, and RM72.03 per sq ft, translating to approximately RM9.15 million, RM9.17 million, and RM9.44 million respectively. Although the exact land sizes were not specified, all three lots are located within SME 3, Mukim Jimah, Daerah Port Dickson.

Techbond confirmed that the lands are free from any encumbrances, liens, charges, or caveats, ensuring a clean and straightforward transfer.

Strategic Industrial Expansion

The acquisitions will be financed through a combination of cash reserves and internally generated funds. Techbond stated that the move forms part of its broader strategy to strengthen long-term operational resilience, while providing flexibility for future development or relocation of manufacturing and distribution operations.

“These plots represent strategic assets that can support the company’s expansion roadmap, enhance operational efficiency, and ensure sustainable production continuity,” Techbond said in its statement.

Industry analysts note that Eco Business Park 7 — part of the Malaysia Vision Valley 2.0 (MVV 2.0) growth corridor — is emerging as a key industrial hub in Negeri Sembilan, strategically positioned between the Klang Valley and Port Dickson. Its connectivity to major highways such as LEKAS and PLUS further increases its appeal for manufacturers and logistics players seeking proximity to the industrial property markets in Selangor, including Subang, Puchong, and Bukit Jalil.

Broader Market Impact

The move by Techbond signals rising investor confidence in Malaysia’s industrial real estate sector, which has seen sustained demand amid growing supply chain diversification and nearshoring trends.

Developments such as Eco Business Park 7 also complement the expanding commercial property ecosystem in KL, where businesses are increasingly seeking high-specification industrial assets near urban centers for operational efficiency.

As the demand for factories in Puchong, industrial land in Selangor, and industrial property in the Subang area continues to grow, acquisitions like Techbond’s reflect the strong long-term fundamentals of Malaysia’s industrial market — underpinned by strategic location, infrastructure access, and the government’s continued focus on industrial transformation and logistics connectivity.