FELDA picks ENCORP to build RM250m staff housing project
ENCORP Bhd will build RM250 million worth of FELDA staff housing after the two signed an MOU on Friday.
Source: Encorp Berhad · August 2, 2026 at 10:56 PM · AI-assisted report
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KUALA LUMPUR, 3 AUGUST 2026 —
ENCORP Bhd will build RM250 million worth of FELDA staff housing after the two signed an MOU on Friday.
Market Impact
Under the agreement signed at Menara FELDA by Dato’ Dr. Suzana Idayu Wati binti Osman, FELDA’s Director-General, and ENCORP Group CEO Encik Ahmad Harzimi bin Mohd Taib, ENCORP will act as main contractor for the design-and-build scheme, subject to final agreements and approvals.
The project marks FELDA’s push to improve living conditions for its workforce. The MOU says the homes will be purpose-built to lift employee wellbeing and daily productivity while strengthening social infrastructure in FELDA communities.
ENCORP brings prior experience. Through subsidiary Encorp Development Sdn Bhd, it completed 224 low- and medium-cost homes plus 17 commercial units for FELDA settlers in 2024. The group is also developing Tilia Shah Alam and the next phase of Lamanda Chuping.
Speaking at the ceremony, Encik Ahmad Harzimi said ENCORP was “honoured to be entrusted” with the project and committed to delivering modern, well-planned homes that support FELDA’s workforce.
ENCORP is listed on Bursa Malaysia’s Main Market under the ticker ENCORP/6076. The group’s core businesses are property development, property investment and construction.
Related: Encorp Berhad · Menara FELDA · Dato' Dr. Suzana Idayu Wati binti Osman · Kuala Lumpur